Black Ridge Acquisition Corp. (BRAC) financial statements (2021 and earlier)

Company profile

Business Address 17877 VON KARMAN AVENUE, SUITE 300
IRVINE, CA 92614
State of Incorp. DE
Fiscal Year End December 31
SIC 79 - Amusement And Recreation Services (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments694890
Cash and cash equivalents694890
Restricted cash and investments555   
Receivables11222 
Prepaid expense     0
Other undisclosed current assets11157 
Total current assets:13161316180
Noncurrent Assets
Property, plant and equipment1819202120 
Intangible assets, net (including goodwill)1718181920 
Goodwill44444 
Intangible assets, net (excluding goodwill)1314141515 
Assets held-in-trust     142
Other undisclosed noncurrent assets1717181617 
Total noncurrent assets:5254565656142
TOTAL ASSETS:6570697174142
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:464430
Accounts payable 1    
Accrued liabilities11011 
Employee-related liabilities11111 
Taxes payable    00
Interest and dividends payable 2    
Other undisclosed accounts payable and accrued liabilities212210
Debt461113131
Due to related parties  1110
Other undisclosed current liabilities667760
Total current liabilities:13182325231
Noncurrent Liabilities
Long-term debt and lease obligation212   
Long-term debt, excluding current maturities212   
Liabilities, other than long-term debt44322 
Deferred rent credit44322 
Other undisclosed noncurrent liabilities23    
Total noncurrent liabilities:88522 
Total liabilities:21262827251
Stockholders' equity
Stockholders' equity attributable to parent, including:44444144505
Common stock000000
Common stock, value, subscriptions  (2)   
Additional paid in capital1871811691611613
Accumulated other comprehensive income00000 
Retained earnings (accumulated deficit)(143)(137)(126)(117)(111)2
Other undisclosed stockholders' equity attributable to parent  0   
Other undisclosed stockholders' equity     136
Total stockholders' equity:4444414450141
TOTAL LIABILITIES AND EQUITY:6570697174142

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

9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Revenues65666 
Cost of revenue(5)(5)(8)(5)(4) 
Gross profit:1(0)(2)12 
Operating expenses(4)(4)(6)(6)(6)(0)
Operating loss:(3)(5)(8)(5)(4)(0)
Nonoperating income (expense)(3)(6)(1)(1)(0)1
Other nonoperating income     1
Interest and debt expense(0)(1)(1)(1)(0) 
Income (loss) from continuing operations before equity method investments, income taxes:(7)(12)(9)(6)(5)1
Other undisclosed income from continuing operations before income taxes01110 
Income (loss) from continuing operations before income taxes:(7)(11)(9)(6)(4)1
Income tax expense     (0)
Income (loss) from continuing operations:(7)(11)(9)(6)(4)0
Income from discontinued operations6     
Income (loss) before gain (loss) on sale of properties:(1)(11)(9)(6)(4)0
Other undisclosed net loss(6)    (1)
Net loss:(7)(11)(9)(6)(4)(0)
Other undisclosed net income attributable to parent     1
Net income (loss) available to common stockholders, diluted:(7)(11)(9)(6)(4)0

Comprehensive Income ($ in millions)

9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net loss:(7)(11)(9)(6)(4)(0)
Other comprehensive income (loss)00(9)0(0) 
Comprehensive loss, net of tax, attributable to parent:(7)(11)(18)(6)(4)(0)

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: