Avalanche International Corp (AVLP) Financial Statements (2024 and earlier)

Company Profile

Business Address 5940 S. RAINBOW BLVD
LAS VEGAS, NV 89118
State of Incorp. NV
Fiscal Year End November 30
Industry (SIC) 286 - Industrial Organic Chemicals (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

8/31/2016
Q3
5/31/2016
Q2
2/29/2016
Q1
11/30/2015
Q4
8/31/2015
Q3
5/31/2015
Q2
2/28/2015
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,562584056561,5471,271
Cash and cash equivalents2,562584056561,5471,271
Receivables120,881141,19717,22217,19016,91946
Inventory, net of allowances, customer advances and progress billings    2,680 20,758
Inventory    2,680 20,758
Prepaid expense      6,575
Other current assets8,07815,615 705705705
Other undisclosed current assets  705179,419344,107282,837
Total current assets:131,521156,87018,332200,650363,278312,192
Noncurrent Assets
Long-term investments and receivables271,841     
Accounts and financing receivable, after allowance for credit loss271,841     
Intangible assets, net (including goodwill)     54,00042,750
Intangible assets, net (excluding goodwill)     54,00042,750
Other undisclosed noncurrent assets    705705705
Total noncurrent assets:271,841  70554,70543,455
TOTAL ASSETS:403,362156,87018,332201,355417,983355,647
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:145,519260,207177,004129,73184,26870,883
Employee-related liabilities     3,64732,073
Accrued liabilities     6,9982,553
Other undisclosed accounts payable and accrued liabilities145,519260,207177,004129,73173,62336,257
Debt510,706246,260135,031273,019111,67883,250
Due to related parties38,137 63,69912,7094,89232,935
Other undisclosed current liabilities2,364,6081,779,9191,729,987717,796493,329124,801
Total current liabilities:3,058,9702,286,3862,105,7211,133,255694,167311,869
Noncurrent Liabilities
Long-term debt and lease obligation206,053844 37,227  
Long-term debt, excluding current maturities206,053844 37,227  
Other undisclosed noncurrent liabilities8,054     
Total noncurrent liabilities:214,107844 37,227  
Total liabilities:3,273,0772,287,2302,105,7211,170,482694,167311,869
Equity
Equity, attributable to parent, including:(2,869,715)(2,130,360)(2,087,389)(969,127)(276,184)43,778
Common stock6,8436,8426,3105,7055,5535,359
Additional paid in capital1,326,6331,383,8711,119,118966,775872,435622,365
Accumulated deficit(4,203,191)(3,521,073)(3,212,817)(1,941,636)(1,154,201) 
Other undisclosed equity, attributable to parent    2929(583,946)
Total equity:(2,869,715)(2,130,360)(2,087,389)(969,127)(276,184)43,778
TOTAL LIABILITIES AND EQUITY:403,362156,87018,332201,355417,983355,647

Income Statement (P&L) (USD)

8/31/2016
Q3
5/31/2016
Q2
2/29/2016
Q1
11/30/2015
Q4
8/31/2015
Q3
5/31/2015
Q2
2/28/2015
Q1
Revenues  6916923,66714,995
Revenue from related parties
Net investment income    (6,074)  
Cost of revenue   (2,681)(258)(20,758)(8,534)
Gross profit:  (2,612)(89)2,9096,461
Operating expenses(196,225)(175,770)(343,641)(488,466)(363,769)(180,330)
Other operating income (expense), net
(Other Expenses)
   (458,446)244,880209,3664,200
Other undisclosed operating income (loss)   458,446(244,880)(209,366)(4,200)
Operating loss:(196,225)(175,770)(346,253)(488,555)(360,860)(173,869)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(485,893)(132,486)    
Interest and debt expense(68,522)(157,233)(867,498)83,3016,6554,200
Income (loss) from continuing operations:(750,640)(465,489)(1,213,751)(405,254)(354,205)(169,669)
Income (loss) before gain (loss) on sale of properties:(750,640)(465,489)(1,213,751)(405,254)(354,205)(169,669)
Net income (loss):(750,640)(465,489)(1,213,751)(405,254)(354,205)(169,669)
Other undisclosed net income (loss) attributable to parent68,522157,23359,766(328,181)(216,021)(8,400)
Net income (loss) attributable to parent:(682,118)(308,256)(1,153,985)(733,435)(570,226)(178,069)
Other undisclosed net loss available to common stockholders, basic  (117,196)   
Net loss available to common stockholders, diluted:(682,118)(308,256)(1,271,181)(733,435)(570,226)(178,069)

Comprehensive Income (USD)

8/31/2016
Q3
5/31/2016
Q2
2/29/2016
Q1
11/30/2015
Q4
8/31/2015
Q3
5/31/2015
Q2
2/28/2015
Q1
Net income (loss):(750,640)(465,489)(1,213,751)(405,254)(354,205)(169,669)
Comprehensive income (loss), net of tax, attributable to parent:(750,640)(465,489)(1,213,751)(405,254)(354,205)(169,669)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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