Canbiola, Inc. (CANB) financial statements (2021 and earlier)

Company profile

Business Address 960 SOUTH BROADWAY, SUITE 120
HICKSVILLE, NY 11801
State of Incorp. FL
Fiscal Year End December 31
SIC 5122 - Drugs, Drug Proprietaries, and Druggists' Sundries (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments47141356780838174
Cash and cash equivalents47141356780838174
Receivables996594324397575
Inventory, net of allowances, customer advances and progress billings10188778747
Inventory10188778747
Prepaid expense1,348311238210760880
Deposits current assets  150   
Other undisclosed current assets    3814
Total current assets:2,9161,4051,3571,1441,2581,050
Noncurrent Assets
Operating lease, right-of-use asset758291
Property, plant and equipment1,019992743609392
Long-term investments and receivables191919193939
Accounts and financing receivable, after allowance for credit loss191919193939
Intangible assets, net (including goodwill)1,242247252561010
Goodwill56565656  
Intangible assets, net (excluding goodwill)1,187191196 1010
Prepaid expense1,4422,6892,0612,366221245
Deposits noncurrent assets20202049  
Other undisclosed noncurrent assets3115 (0)(39)(42)
Total noncurrent assets:3,8494,0643,1872,549324343
TOTAL ASSETS:6,7655,4694,5443,6941,5821,393
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities196193240186  
Accounts payable839112773  
Accrued liabilities44334544  
Employee-related liabilities69696969  
Debt343331   
Other undisclosed current liabilities111617 9581,361
Total current liabilities:2412412891869581,361
Noncurrent Liabilities
Long-term debt and lease obligation425159   
Operating lease, liability425159
Total noncurrent liabilities:425159   
Other undisclosed liabilities   19  
Total liabilities:2832923482059581,361
Stockholders' equity
Stockholders' equity attributable to parent, including:6,4825,1774,1953,48962431
Preferred stock    1,7871,787
Common stock22,18819,94118,53216,62517,79213,029
Additional paid in capital873873873873331346
Accumulated deficit(22,320)(21,379)(19,959)(18,769)(19,370)(15,215)
Other undisclosed stockholders' equity attributable to parent5,7425,7424,7494,7608484
Total stockholders' equity:6,4825,1774,1953,48962431
TOTAL LIABILITIES AND EQUITY:6,7655,4694,5443,6941,5821,393

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

9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Revenues615634517281163154
Revenue, net154
Cost of revenue
(Cost of Goods and Services Sold)
(142)(299)(263)  (47)
Other undisclosed gross profit   (224)(90) 
Gross profit:4743342555774107
Operating expenses(1,409)(1,770)(1,427)(1,703)(741)(576)
Other operating income, net    6156
Other undisclosed operating loss   (182)  
Operating loss:(935)(1,435)(1,172)(1,828)(606)(412)
Nonoperating income (expense)(6)(2) 333
Investment income, nonoperating00 333
Interest and debt expense(6)(3)(0)(382)4834
Loss from continuing operations before equity method investments, income taxes:(947)(1,440)(1,173)(2,207)(555)(375)
Other undisclosed income (loss) from continuing operations before income taxes63 2,817(3,600) 
Net income (loss) available to common stockholders, diluted:(941)(1,437)(1,173)611(4,156)(375)

Comprehensive Income ($ in thousands)

9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Net income (loss):(941)(1,437)(1,173)611(4,156)(375)
Other comprehensive income (loss)(941)(1,437)(1,173)611(4,156)(975)
Comprehensive income (loss), net of tax, attributable to parent:(1,882)(2,875)(2,345)1,221(8,311)(1,350)

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: