Red Giant Entertainment Inc (CASL) Financial Statements (2024 and earlier)

Company Profile

Business Address 614 E. HWY 50, SUITE 235
CLERMONT, FL 34711
State of Incorp. NV
Fiscal Year End August 31
Industry (SIC) 2731 - Books: Publishing, or Publishing and Printing (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

5/31/2015
Q3
2/28/2015
Q2
11/30/2014
Q1
8/31/2014
Q4
5/31/2014
Q3
2/28/2014
Q2
11/30/2013
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments41,86782,5205,95344,86514,51039
Cash and cash equivalents41,86782,5205,95344,86514,51039
Receivables   (1,253) 1,2532,095
Inventory, net of allowances, customer advances and progress billings6,9906,9906,990  
Inventory6,9906,9906,990   
Other undisclosed current assets   1,25387,845151,912140,084
Total current assets:48,85789,51012,943132,710167,675142,218
Noncurrent Assets
Property, plant and equipment23,06524,52925,90222,42310,6169,971
Intangible assets, net (including goodwill)   30,30039,26140,72445,937
Intangible assets, net (excluding goodwill)   30,30039,26140,72445,937
Other undisclosed noncurrent assets   (30,300)   
Total noncurrent assets:23,06524,52925,90261,68451,34055,908
TOTAL ASSETS:71,922114,03938,845194,394219,015198,126
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:313,520214,337230,28113,00060,60178,881
Other undisclosed accounts payable and accrued liabilities313,520214,337230,28113,00060,60178,881
Debt586,934615,299677,000153,49686,819171,010
Derivative instruments and hedges, liabilities22,50035,00035,0001,910,5611,736,5571,516,498
Due to related parties    41,25141,85142,301
Other undisclosed current liabilities4,033,3313,765,0233,347,521467,700355,800355,800
Total current liabilities:4,956,2854,629,6594,289,8022,586,0082,281,6282,164,490
Noncurrent Liabilities
Long-term debt and lease obligation  60,000 153,496126,764224,022
Long-term debt, excluding current maturities  60,000 153,496126,764224,022
Liabilities, other than long-term debt      
Derivative instruments and hedges, liabilities      
Other undisclosed noncurrent liabilities (60,000) (153,496)(86,819)(171,010)
Total noncurrent liabilities:     39,94553,012
Total liabilities:4,956,2854,629,6594,289,8022,586,0082,321,5732,217,502
Equity
Equity, attributable to parent(4,884,363)(4,515,620)(4,250,957)(2,391,614)(2,102,558)(2,019,376)
Preferred stock1,0001,000    
Common stock298,881269,769254,026190,08970,18845,756
Treasury stock, value(55,000)(55,000)(55,000)(55,000)(55,000)(55,000)
Additional paid in capital7,781,7217,371,9976,863,0205,755,9681,074,598168,989
Accumulated deficit(12,910,965)(12,103,386)(11,313,003)(8,282,671)(3,192,344)(2,179,121)
Total equity:(4,884,363)(4,515,620)(4,250,957)(2,391,614)(2,102,558)(2,019,376)
TOTAL LIABILITIES AND EQUITY:71,922114,03938,845194,394219,015198,126

Income Statement (P&L) (USD)

5/31/2015
Q3
2/28/2015
Q2
11/30/2014
Q1
8/31/2014
Q4
5/31/2014
Q3
2/28/2014
Q2
11/30/2013
Q1
Revenues1,481895(17,081)6,4577,2453,379
Revenue, net1,481895 6,4577,2453,379
Cost of revenue
(Cost of Goods and Services Sold)
(1,278)(837)(70,610)(932)(6,708)(2,378)
Gross profit:20358(87,691)5,5255371,001
Operating expenses(139,818)(269,587)(481,732)(489,019)(142,917)(137,612)
Other undisclosed operating loss  (58)    
Operating loss:(139,615)(269,587)(569,423)(483,494)(142,380)(136,611)
Interest and debt expense(216,887)(259,249)(605,250)(693,061)(83,405)(193,811)
Other undisclosed loss from continuing operations before equity method investments, income taxes   (25,000)   
Loss from continuing operations before equity method investments, income taxes:(356,502)(528,836)(1,199,673)(1,176,555)(225,785)(330,422)
Other undisclosed loss from continuing operations before income taxes   (6,734,630)   
Loss from continuing operations:(356,502)(528,836)(7,934,303)(1,176,555)(225,785)(330,422)
Loss before gain (loss) on sale of properties:(356,502)(528,836)(7,934,303)(1,176,555)(225,785)(330,422)
Net loss:(356,502)(528,836)(7,934,303)(1,176,555)(225,785)(330,422)
Other undisclosed net income (loss) attributable to parent(451,077)(261,547)4,903,971(3,913,772)(848,614)(99,599)
Net income (loss) available to common stockholders, diluted:(807,579)(790,383)(3,030,332)(5,090,327)(1,074,399)(430,021)

Comprehensive Income (USD)

5/31/2015
Q3
2/28/2015
Q2
11/30/2014
Q1
8/31/2014
Q4
5/31/2014
Q3
2/28/2014
Q2
11/30/2013
Q1
Net loss:(356,502)(528,836)(7,934,303)(1,176,555)(225,785)(330,422)
Comprehensive loss, net of tax, attributable to parent:(356,502)(528,836)(7,934,303)(1,176,555)(225,785)(330,422)

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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