Crumbs Bake Shop Inc (CRMB) Financial Statements (2024 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)

3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
6/30/2013
Q2
3/31/2013
Q1
12/31/2012
Q4
9/30/2012
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8931,6676,5732,8256,270156
Cash and cash equivalents8931,6676,5732,8256,270156
Receivables321453658513259360
Inventory, net of allowances, customer advances and progress billings419416570577559612
Inventory419416570577559612
Prepaid expense 777724 
Deferred costs      11
Prepaid expense and other current assets1,0791,010947
Other current assets424625663 
Total current assets:2,0563,9389,1874,9948,0982,086
Noncurrent Assets
Property, plant and equipment14,59817,61017,09015,05813,20913,617
Intangible assets, net (including goodwill)846293298322367384
Intangible assets, net (excluding goodwill)846293298322367384
Regulated entity, other noncurrent assets837884909   
Deposits noncurrent assets239268282292289283
Restricted cash and investments673673673673673673
Other noncurrent assets  919 
Prepaid expense and other noncurrent assets664477340
Other undisclosed noncurrent assets7548515,5914,7744,7744,816
Total noncurrent assets:17,94820,58924,86321,78319,78920,113
TOTAL ASSETS:20,00424,52634,04926,77727,88722,198
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:3,7852,2562,7752,7092,0791,810
Taxes payable18220925163110119
Employee-related liabilities36511933762735759
Other undisclosed accounts payable and accrued liabilities3,2391,9282,1862,0181,6121,632
Deferred revenue and credits17     
Other undisclosed current liabilities804551809907701346
Total current liabilities:4,6072,8073,5843,6152,7812,156
Noncurrent Liabilities
Long-term debt and lease obligation10,00010,00010,000   
Long-term debt, excluding current maturities10,00010,00010,000   
Liabilities, other than long-term debt4,3935,2097,2526,8416,5606,317
Deferred revenue and credits4,0664,6094,3743,9633,7913,657
Due to related parties   2,3872,3872,3872,387
Derivative instruments and hedges, liabilities327600491491382273
Total noncurrent liabilities:14,39315,20917,2526,8416,5606,317
Total liabilities:19,00018,01620,83610,4569,3408,473
Equity
Equity, attributable to parent(1,145)3,4289,02511,59513,4296,950
Preferred stock000000
Common stock111111
Treasury stock, value(15,914)(15,914)(15,914)(15,914)(15,914)(15,914)
Additional paid in capital39,80439,53539,44039,25839,11727,278
Accumulated deficit(25,037)(20,195)(14,502)(11,751)(9,776)(4,415)
Equity, attributable to noncontrolling interest2,1493,0824,1884,7265,1186,775
Total equity:1,0046,51013,21416,32118,54613,726
TOTAL LIABILITIES AND EQUITY:20,00424,52634,04926,77727,88722,198

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

3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
6/30/2013
Q2
3/31/2013
Q1
12/31/2012
Q4
9/30/2012
Q3
Revenues11,35211,42112,35012,08014,1409,895
Revenue, net      
Cost of revenue(5,349)(5,350)(5,651)(5,357)(6,865)(4,445)
Gross profit:6,0036,0716,6996,7237,2755,450
Operating expenses(11,884)(10,123)(9,913)(8,972)(15,843)(7,526)
Operating loss:(5,881)(4,052)(3,214)(2,249)(8,569)(2,076)
Nonoperating income (expense)105(360)(75)(117)(2,252)207
Investment income, nonoperating275(81)5(107)(2,160)274
Interest and debt expense(162)(165)(75)   
Loss from continuing operations before equity method investments, income taxes:(5,938)(4,577)(3,364)(2,366)(10,821)(1,869)
Other undisclosed income from continuing operations before income taxes 162165    
Loss from continuing operations before income taxes:(5,775)(4,412)(3,364)(2,366)(10,821)(1,869)
Income tax expense (benefit)  (2,387)  187
Loss from continuing operations:(5,775)(6,799)(3,364)(2,366)(10,803)(1,862)
Loss before gain (loss) on sale of properties:(5,775)(6,799)(3,364)(2,366)(10,803)(1,862)
Other undisclosed net income  75   
Net loss:(5,775)(6,799)(3,289)(2,366)(10,803)(1,862)
Net income attributable to noncontrolling interest9331,1065373922,841749
Net loss available to common stockholders, diluted:(4,842)(5,693)(2,751)(1,975)(7,963)(1,112)

Comprehensive Income ($ in thousands)

3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
6/30/2013
Q2
3/31/2013
Q1
12/31/2012
Q4
9/30/2012
Q3
Net loss:(5,775)(6,799)(3,289)(2,366)(10,803)(1,862)
Comprehensive loss:(5,775)(6,799)(3,289)(2,366)(10,803)(1,862)
Comprehensive loss, net of tax, attributable to noncontrolling interest(933)(1,106)(537)(392)(2,841)(749)
Comprehensive loss, net of tax, attributable to parent:(6,709)(7,905)(3,826)(2,758)(13,644)(2,611)

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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