Balance Labs, Inc. (BLNC) financial statements (2022 and earlier)

Company profile

Business Address 1111 LINCOLN ROAD
MIAMI, FL 33139
State of Incorp. DE
Fiscal Year End December 31
SIC 8742 - Management Consulting Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments22822211086 
Cash and cash equivalents22822211086 
Receivables353452  
Prepaid expense   2525 
Other undisclosed current assets1631059483  
Total current assets:42636120811831 
Noncurrent Assets
Property, plant and equipment  1011 
Long-term investments and receivables  506320 
Long-term investments  3043  
Due from related parties  202020 
Intangible assets, net (including goodwill)  333 
Intangible assets, net (excluding goodwill)  333 
Other noncurrent assets5894,144    
Other undisclosed noncurrent assets  1,1951,2101,216 
Total noncurrent assets:5894,1441,2571,2771,240 
TOTAL ASSETS:1,0154,5041,4651,3951,270 
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1,010     
Other undisclosed accounts payable and accrued liabilities1,010     
Debt25  2525 
Due to related parties959929899869839 
Other undisclosed current liabilities1,9452,9413,0562,7992,524 
Total current liabilities:3,9393,8703,9543,6933,388 
Noncurrent Liabilities
Long-term debt and lease obligation469466463460457 
Long-term debt, excluding current maturities469466463460457 
Other undisclosed noncurrent liabilities   1313 
Total noncurrent liabilities:469466463473470 
Other undisclosed liabilities    (0) 
Total liabilities:4,4084,3364,4174,1663,858 
Stockholders' equity
Stockholders' equity attributable to parent(3,326)235(2,893)(2,715)(2,533) 
Common stock22222 
Additional paid in capital810810810806806 
Accumulated deficit(4,139)(577)(3,706)(3,523)(3,342) 
Stockholders' equity attributable to noncontrolling interest(67)(67)(58)(56)(54) 
Total stockholders' equity:(3,393)169(2,952)(2,771)(2,587) 
TOTAL LIABILITIES AND EQUITY:1,0154,5041,4651,3951,270 

Income statement (P&L) ($ in thousands)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
Revenues425200  1,000 
Gross profit:425200    
Operating expenses(109)(100)(96)(95)(90)(86)
Other undisclosed operating income    1,000 
Operating income (loss):315100(96)(95)910(86)
Nonoperating income (expense)(3,877)3,020(90)(88)(54)(184)
Investment income, nonoperating(3,892)3,244    
Interest and debt expense(59)(58)(56)(71)(52)(52)
Income (loss) from continuing operations before equity method investments, income taxes:(3,621)3,062(241)(254)804(323)
Income (loss) from equity method investments59(20)(32)(21)(23)(22)
Income (loss) before gain (loss) on sale of properties:(3,562)3,042(273)(275)781(345)
Other undisclosed net income07888927574
Net income (loss):(3,562)3,121(185)(183)856(271)
Net income attributable to noncontrolling interest 83222
Net income (loss) attributable to parent:(3,562)3,129(182)(181)858(269)
Preferred stock dividends and other adjustments (17)    
Other undisclosed net income (loss) available to common stockholders, basic(48)34    
Net income (loss) available to common stockholders, diluted:(3,610)3,146(182)(181)858(269)

Comprehensive Income ($ in thousands)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
Net income (loss):(3,562)3,121(185)(183)856(271)
Comprehensive income (loss):(3,562)3,121(185)(183)856(271)
Comprehensive income, net of tax, attributable to noncontrolling interest 83222
Comprehensive income (loss), net of tax, attributable to parent:(3,562)3,129(182)(181)858(269)

Statements sources

The financial statements are based on the company's filings with the 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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: