Crumbs Bake Shop Inc (CRMB) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
110 WEST 40TH STREET, SUITE 2100 NEW YORK, NY 10018 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 205 - Bakery Products (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2013 | 12/31/2012 | 12/31/2011 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 893 | 6,270 | ✕ | ||
| Cash and cash equivalents | 893 | 6,270 | ✕ | ||
| Receivables | 321 | 259 | ✕ | ||
| Inventory, net of allowances, customer advances and progress billings | 419 | 559 | ✕ | ||
| Inventory | 419 | 559 | ✕ | ||
| Prepaid expense and other current assets | ✕ | 1,010 | ✕ | ||
| Other current assets | 424 | ✕ | ✕ | ||
| Total current assets: | 2,056 | 8,098 | ✕ | ||
| Noncurrent Assets | |||||
| Property, plant and equipment | 14,598 | 13,209 | ✕ | ||
| Intangible assets, net (including goodwill) | 846 | 367 | ✕ | ||
| Intangible assets, net (excluding goodwill) | 846 | 367 | ✕ | ||
| Regulated entity, other noncurrent assets | 837 | ✕ | |||
| Deposits noncurrent assets | 239 | 289 | ✕ | ||
| Restricted cash and investments | 673 | 673 | ✕ | ||
| Prepaid expense and other noncurrent assets | ✕ | 477 | ✕ | ||
| Other undisclosed noncurrent assets | 754 | 4,774 | ✕ | ||
| Total noncurrent assets: | 17,948 | 19,789 | ✕ | ||
| TOTAL ASSETS: | 20,004 | 27,887 | ✕ | ||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities, including: | 3,785 | 2,079 | ✕ | ||
| Taxes payable | 182 | 110 | ✕ | ||
| Employee-related liabilities | 365 | 357 | ✕ | ||
| Other undisclosed accounts payable and accrued liabilities | 3,239 | 1,612 | ✕ | ||
| Deferred revenue and credits | 17 | ✕ | |||
| Other undisclosed current liabilities | 804 | 701 | ✕ | ||
| Total current liabilities: | 4,607 | 2,781 | ✕ | ||
| Noncurrent Liabilities | |||||
| Long-term debt and lease obligation | 10,000 | ✕ | |||
| Long-term debt, excluding current maturities | 10,000 | ✕ | |||
| Liabilities, other than long-term debt | 4,393 | 6,560 | ✕ | ||
| Deferred revenue and credits | 4,066 | 3,791 | ✕ | ||
| Due to related parties | 2,387 | ✕ | |||
| Derivative instruments and hedges, liabilities | 327 | 382 | ✕ | ||
| Total noncurrent liabilities: | 14,393 | 6,560 | ✕ | ||
| Total liabilities: | 19,000 | 9,340 | ✕ | ||
| Equity | |||||
| Equity, attributable to parent | (1,145) | 13,429 | ✕ | ||
| Preferred stock | 0 | 0 | ✕ | ||
| Common stock | 1 | 1 | ✕ | ||
| Treasury stock, value | (15,914) | (15,914) | ✕ | ||
| Additional paid in capital | 39,804 | 39,117 | ✕ | ||
| Accumulated deficit | (25,037) | (9,776) | ✕ | ||
| Equity, attributable to noncontrolling interest | 2,149 | 5,118 | ✕ | ||
| Total equity: | 1,004 | 18,546 | ✕ | ||
| TOTAL LIABILITIES AND EQUITY: | 20,004 | 27,887 | ✕ | ||
Income Statement (P&L) ($ in thousands)
| 12/31/2013 | 12/31/2012 | 12/31/2011 | ||
|---|---|---|---|---|
| Revenues | 47,203 | 43,029 | ✕ | |
| Cost of revenue | (21,707) | (19,059) | ✕ | |
| Gross profit: | 25,496 | 23,970 | ✕ | |
| Operating expenses | (40,892) | (34,507) | ✕ | |
| Operating loss: | (15,396) | (10,537) | ✕ | |
| Nonoperating income (expense) | (447) | 184 | ✕ | |
| Investment income, nonoperating | 92 | 295 | ✕ | |
| Interest and debt expense | (403) | ✕ | ||
| Loss from continuing operations before equity method investments, income taxes: | (16,245) | (10,353) | ✕ | |
| Other undisclosed income from continuing operations before income taxes | 403 | ✕ | ||
| Loss from continuing operations before income taxes: | (15,843) | (10,353) | ✕ | |
| Income tax expense (benefit) | (2,387) | 7 | ✕ | |
| Loss from continuing operations: | (18,229) | (10,346) | ✕ | |
| Loss before gain (loss) on sale of properties: | (18,229) | (10,346) | ✕ | |
| Net loss: | (18,229) | (10,346) | ✕ | |
| Net income attributable to noncontrolling interest | 2,968 | 2,651 | ✕ | |
| Net loss available to common stockholders, diluted: | (15,261) | (7,695) | ✕ | |
Comprehensive Income ($ in thousands)
| 12/31/2013 | 12/31/2012 | 12/31/2011 | ||
|---|---|---|---|---|
| Net loss: | (18,229) | (10,346) | ✕ | |
| Comprehensive loss: | (18,229) | (10,346) | ✕ | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (2,968) | (2,651) | ✕ | |
| Comprehensive loss, net of tax, attributable to parent: | (21,198) | (12,997) | ✕ | |
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.