BrewBilt Brewing Co (BRBL) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
175 JOERSCHKE DR. GRASS VALLEY, CA 94945-5259 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2082 - Malt Beverages (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 3/31/2018 | 3/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 33 | 59 | 135 | 25 | 2 | 1 | |||
| Cash and cash equivalents | 33 | 59 | 135 | 25 | 2 | 1 | |||
| Receivables | 17 | 2 | 6 | 8 | 5 | ||||
| Inventory, net of allowances, customer advances and progress billings | 26 | 12 | 4 | 0 | 1 | 69 | |||
| Inventory | 26 | 12 | 4 | 0 | 1 | 69 | |||
| Prepaid expense | 2 | 5 | 7 | 10 | |||||
| Other current assets | 15 | 10 | |||||||
| Other undisclosed current assets | 450 | ||||||||
| Total current assets: | 93 | 528 | 155 | 41 | 9 | 80 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 51 | 27 | ✕ | ✕ | |||||
| Operating lease, right-of-use asset | 357 | 189 | 31 | ✕ | ✕ | ||||
| Property, plant and equipment | 1,469 | 99 | |||||||
| Other undisclosed noncurrent assets | 7 | 5 | 5 | 5 | |||||
| Total noncurrent assets: | 1,884 | 320 | 36 | 5 | |||||
| TOTAL ASSETS: | 1,976 | 848 | 191 | 46 | 9 | 80 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,484 | 1,502 | 852 | 1,595 | 4,271 | 1,956 | |||
| Interest and dividends payable | ✕ | ✕ | 3,289 | 1,216 | |||||
| Taxes payable | ✕ | ✕ | 0 | 0 | 1 | ||||
| Employee-related liabilities | ✕ | ✕ | 8 | 8 | |||||
| Accounts payable | 299 | 475 | 522 | 401 | 231 | 84 | |||
| Accrued liabilities | 1,185 | 1,026 | 322 | 1,184 | 752 | 656 | |||
| Deferred revenue | 1 | ✕ | ✕ | ||||||
| Debt | 1,147 | 689 | 327 | 710 | 775 | 777 | |||
| Derivative instruments and hedges, liabilities | 2,398 | 1,598 | 7,997 | 3,169 | 6,627 | 5,316 | |||
| Due to related parties | ✕ | 378 | 265 | 245 | 91 | 126 | 2,842 | ||
| Other undisclosed current liabilities | 461 | 311 | 167 | 449 | 4 | ||||
| Total current liabilities: | 5,868 | 4,364 | 9,588 | 6,013 | 11,803 | 10,890 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 56 | 175 | 27 | 61 | |||||
| Long-term debt, excluding current maturities | 15 | 61 | |||||||
| Finance lease, liability | 42 | 22 | 27 | ✕ | ✕ | ||||
| Liabilities, other than long-term debt | 288 | ||||||||
| Operating lease, liability | 288 | 152 | ✕ | ✕ | |||||
| Other undisclosed noncurrent liabilities | 963 | (152) | |||||||
| Total noncurrent liabilities: | 1,307 | 175 | 27 | 61 | |||||
| Total liabilities: | 7,175 | 4,539 | 9,615 | 6,013 | 11,864 | 10,890 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (19,292) | (16,946) | (21,697) | (17,037) | (11,856) | (10,810) | |||
| Common stock | 21 | 22 | 49 | 0 | 0 | 11 | |||
| Additional paid in capital | 11,729 | 5,528 | (6,108) | (12,857) | (955) | (4,318) | |||
| Accumulated deficit | (31,042) | (22,497) | (15,638) | (4,180) | (10,904) | (6,506) | |||
| Other undisclosed equity, attributable to parent | 0 | 0 | 3 | 2 | |||||
| Other undisclosed equity | 14,094 | 13,255 | 12,272 | 11,069 | |||||
| Total equity: | (5,199) | (3,691) | (9,425) | (5,967) | (11,856) | (10,810) | |||
| TOTAL LIABILITIES AND EQUITY: | 1,976 | 848 | 191 | 46 | 9 | 80 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 3/31/2018 | 3/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 124 | 307 | 342 | 477 | 23 | 69 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 23 | 69 | |
| Cost of revenue | (176) | (11) | (8) | (6) | (89) | (52) | ||
| Cost of goods and services sold | (89) | (52) | ||||||
| Other undisclosed gross profit | 1 | |||||||
| Gross profit: | (51) | 296 | 334 | 471 | (66) | 17 | ||
| Operating expenses | (3,010) | (7,539) | (1,097) | (4,431) | (863) | (827) | ||
| Operating loss: | (3,061) | (7,243) | (763) | (3,960) | (928) | (810) | ||
| Nonoperating income (expense) | (5,250) | 384 | (10,696) | (6,853) | (3,470) | (5,173) | ||
| Investment income, nonoperating | (3,952) | |||||||
| Interest and debt expense | 76 | (514) | (72) | (261) | (202) | 1,302 | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 514 | 72 | 261 | 202 | (1,302) | |||
| Loss from continuing operations before equity method investments, income taxes: | (8,235) | (6,859) | (11,458) | (10,812) | (4,399) | (5,984) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (76) | |||||||
| Loss from continuing operations: | (8,311) | (6,859) | (11,458) | (10,812) | (4,399) | (5,984) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | (6,859) | (11,458) | (10,812) | (4,399) | (5,984) | |
| Loss from discontinued operations | (234) | |||||||
| Net loss attributable to parent: | (8,545) | (6,859) | (11,458) | (10,812) | (4,399) | (5,984) | ||
| Other undisclosed net loss available to common stockholders, basic | ||||||||
| Net loss available to common stockholders, diluted: | (8,545) | (6,859) | (11,458) | (10,812) | (4,399) | (5,984) | ||
Comprehensive Income ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 3/31/2018 | 3/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (8,545) | (6,859) | (11,458) | (10,812) | (4,399) | (5,984) | ||
| Comprehensive loss, net of tax, attributable to parent: | (8,545) | (6,859) | (11,458) | (10,812) | (4,399) | (5,984) | ||
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.