Velatel Global Communications Inc (CHTL) Financial Statements (2023 and Earlier)

Company Profile

Business Address 5950 LA PLACE COURT, SUITE 160
CARLSBAD, CA 92008
State of Incorp. NV
Fiscal Year End December 31
Industry (SIC) 4812 - Radiotelephone Communications (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

12/31/2013
Q4
9/30/2013
Q3
6/30/2013
Q2
3/31/2013
Q1
12/31/2012
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8981,078851,265 
Cash and cash equivalents8981,078851,265 
Receivables1,1662285221,572 
Inventory, net of allowances, customer advances and progress billings61253
Inventory61 253 
Prepaid expense288114266167
Assets held-for-sale1,014 4,4904,673 
Other undisclosed current assets 19240234 
Total current assets:3,4261,4385,6057,965 
Noncurrent Assets
Property, plant and equipment273269279320 
Intangible assets, net (including goodwill)8748208197,127
Goodwill286    
Intangible assets, net (excluding goodwill)5898208197,127 
Other undisclosed noncurrent assets(286)(230)(238)41 
Total noncurrent assets:8618598607,487 
Other undisclosed assets273269279320 
TOTAL ASSETS:4,5612,5666,74515,772 
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:13,86315,21615,33916,886 
Accounts payable5,310    
Other undisclosed accounts payable and accrued liabilities8,55315,21615,33916,886 
Debt10,58713,27514,14814,417 
Derivative instruments and hedges, liabilities18,05818,18717,75616,903 
Due to related parties2,314646380 
Deferred revenue and credits82517   
Other undisclosed current liabilities7,4291,4839,18610,531 
Total current liabilities:53,07748,24256,49158,817 
Noncurrent Liabilities
Long-term debt and lease obligation9,76515,84916,62817,013 
Long-term debt, excluding current maturities9,76515,84916,62817,013 
Liabilities, other than long-term debt81492424 
Financial instruments subject to mandatory redemption, settlement terms, share value, amount81492424 
Other undisclosed noncurrent liabilities(9,765)(12,453)(13,326)(13,595) 
Total noncurrent liabilities:813,4453,3263,442 
Total liabilities:53,15851,68659,81762,258 
Stockholders' equity
Stockholders' equity attributable to parent, including:(47,493)(48,009)(51,654)(45,103) 
Common stock1,416657268173 
Additional paid in capital276,735274,177271,303268,293 
Accumulated other comprehensive loss(68)(44)(69)(66) 
Accumulated deficit(325,398)(322,621)(322,978)(313,324) 
Other undisclosed stockholders' equity attributable to parent(179)(179)(179)(179) 
Stockholders' equity attributable to noncontrolling interest(1,104)(1,111)(1,418)(1,383) 
Total stockholders' equity:(48,597)(49,120)(53,072)(46,486) 
TOTAL LIABILITIES AND EQUITY:4,5612,5666,74515,772 

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

12/31/2013
Q4
9/30/2013
Q3
6/30/2013
Q2
3/31/2013
Q1
12/31/2012
Q4
Revenues8954635121,424 
Cost of revenue(1,110)(61)(179)(826) 
Gross profit:(215)402333598 
Operating expenses(38)(2,918)(7,624)(2,689) 
Operating loss:(253)(2,516)(7,291)(2,091) 
Nonoperating expense(966)(2,330)(1,872)(4,938) 
Other nonoperating income (expense)(286)(112)37932 
Interest and debt expense(3,213)(2,191)(2,381)(3,708) 
Loss before gain (loss) on sale of properties:(4,432)(7,037)(11,545)(10,737) 
Other undisclosed net income1,6557,3952,6974,011 
Net income (loss):(2,777)357(8,848)(6,726) 
Net income (loss) attributable to noncontrolling interest(7)(307)35107 
Other undisclosed net income (loss) attributable to parent14613(69)(214) 
Net income (loss) available to common stockholders, diluted:(2,770)664(8,883)(6,833) 

Comprehensive Income ($ in thousands)

12/31/2013
Q4
9/30/2013
Q3
6/30/2013
Q2
3/31/2013
Q1
12/31/2012
Q4
Net income (loss):(2,777)357(8,848)(6,726) 
Other undisclosed comprehensive income (loss)(17)191(37)(103) 
Comprehensive income (loss):(2,794)548(8,885)(6,830) 
Comprehensive income (loss), net of tax, attributable to noncontrolling interest7307(35)(107) 
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(14)(613)69214 
Comprehensive income (loss), net of tax, attributable to parent:(2,801)242(8,851)(6,723) 

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.

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: