Cavitation Technologies, Inc. (CVAT) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
10019 CANOGA AVENUE CHATSWORTH,, CA 91311 |
| State of Incorp. | |
| Fiscal Year End | June 30 |
| Industry (SIC) | 07 - Agricultural Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 12/31/2023 Q2 | 9/30/2023 Q1 | 6/30/2023 Q4 | 3/31/2023 Q3 | 12/31/2022 Q2 | 9/30/2022 Q1 | 6/30/2022 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 140 | 18 | 310 | 343 | 367 | 441 | |||
| Cash and cash equivalents | 140 | 18 | 310 | 343 | 367 | 441 | |||
| Receivables | 18 | 1 | |||||||
| Inventory, net of allowances, customer advances and progress billings | (48) | 48 | 48 | 48 | 48 | ||||
| Inventory | (48) | 48 | 48 | 48 | 48 | ||||
| Prepaid expense | 38 | ||||||||
| Other undisclosed current assets | 48 | ||||||||
| Total current assets: | 140 | 18 | 358 | 391 | 433 | 528 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 95 | 113 | 130 | 147 | 163 | 180 | |||
| Property, plant and equipment | 1 | 1 | 3 | 3 | 4 | 4 | |||
| Long-term investments and receivables, including: | 1 | 1 | 1,106 | 1,120 | 1,131 | 1,149 | |||
| Long-term investments | 1 | 1 | 1,106 | 1,120 | 1,131 | ||||
| Other undisclosed long-term investments and receivables | 1,149 | ||||||||
| Other undisclosed noncurrent assets | 10 | 10 | 10 | 10 | 10 | 10 | |||
| Total noncurrent assets: | 107 | 125 | 1,249 | 1,280 | 1,308 | 1,343 | |||
| TOTAL ASSETS: | 247 | 143 | 1,607 | 1,671 | 1,741 | 1,871 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 144 | 120 | 129 | 164 | 139 | 135 | |||
| Accrued liabilities | 326 | 280 | 280 | 280 | 280 | ||||
| Other undisclosed accounts payable and accrued liabilities | (182) | (160) | (151) | (116) | 139 | (145) | |||
| Deferred revenue | 695 | 391 | 443 | 257 | 36 | 80 | |||
| Debt | 5 | 5 | |||||||
| Other undisclosed current liabilities | 394 | 348 | 343 | 343 | 343 | 343 | |||
| Total current liabilities: | 1,238 | 864 | 915 | 764 | 518 | 558 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 145 | 145 | 150 | 150 | 260 | 150 | |||
| Long-term debt, excluding current maturities | 145 | 145 | 150 | 150 | 150 | 150 | |||
| Liabilities, other than long-term debt | 34 | 53 | 76 | 93 | 127 | ||||
| Operating lease, liability | 34 | 53 | 76 | 93 | 110 | 127 | |||
| Other undisclosed noncurrent liabilities | (110) | ||||||||
| Total noncurrent liabilities: | 179 | 198 | 226 | 243 | 260 | 277 | |||
| Total liabilities: | 1,417 | 1,062 | 1,141 | 1,007 | 778 | 835 | |||
| Equity | |||||||||
| Equity, attributable to parent | (1,170) | (919) | 466 | 664 | 963 | 1,036 | |||
| Common stock | 284 | 284 | 279 | 277 | 277 | 277 | |||
| Additional paid in capital | 26,083 | 26,083 | 26,043 | 26,005 | 26,005 | 26,005 | |||
| Accumulated deficit | (27,537) | (27,286) | (25,856) | (25,618) | (25,319) | (25,246) | |||
| Total equity: | (1,170) | (919) | 466 | 664 | 963 | 1,036 | |||
| TOTAL LIABILITIES AND EQUITY: | 247 | 143 | 1,607 | 1,671 | 1,741 | 1,871 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 12/31/2023 Q2 | 9/30/2023 Q1 | 6/30/2023 Q4 | 3/31/2023 Q3 | 12/31/2022 Q2 | 9/30/2022 Q1 | 6/30/2022 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 32 | 61 | 58 | 261 | 917 | |||
| Cost of revenue | (48) | (11) | (13) | (50) | (15) | |||
| Other undisclosed gross profit | 20 | 62 | ||||||
| Gross profit: | 4 | 50 | 45 | 211 | 964 | |||
| Operating expenses | (250) | (326) | (273) | (332) | (265) | (785) | ||
| Operating income (loss): | (250) | (322) | (223) | (287) | (54) | 179 | ||
| Nonoperating expense | (19) | |||||||
| Interest and debt expense | (1) | (3) | (1) | (1) | (1) | 5 | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (1,154) | (320) | ||||||
| Loss from continuing operations before equity method investments, income taxes: | (251) | (1,479) | (224) | (288) | (74) | (136) | ||
| Income (loss) from equity method investments | 43 | (14) | (11) | (18) | (37) | |||
| Other undisclosed income from continuing operations before income taxes | 6 | |||||||
| Loss from continuing operations: | (251) | (1,430) | (238) | (299) | (92) | (173) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | ✕ | (92) | ✕ | |
| Other undisclosed net income | 19 | 371 | ||||||
| Net income (loss): | (251) | (1,430) | (238) | (299) | (73) | 198 | ||
| Other undisclosed net loss attributable to parent | (104) | |||||||
| Net income (loss) available to common stockholders, diluted: | (251) | (1,430) | (238) | (299) | (73) | 94 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2023 Q2 | 9/30/2023 Q1 | 6/30/2023 Q4 | 3/31/2023 Q3 | 12/31/2022 Q2 | 9/30/2022 Q1 | 6/30/2022 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (251) | (1,430) | (238) | (299) | (73) | 198 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (251) | (1,430) | (238) | (299) | (73) | 198 | ||
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.