DALRADA FINANCIAL CORP (DFCO) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
600 LA TERRAZA BOULEVARD ESCONDIDO, CA 92025 |
| State of Incorp. | WY |
| Fiscal Year End | June 30 |
| Industry (SIC) | 7363 - Help Supply Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2024 MRQ | 12/31/2023 MRQ | 6/30/2023 | 6/30/2022 | 6/30/2021 | 6/30/2020 | 6/30/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 598 | 813 | 772 | 110 | 75 | 1 | |||
| Cash and cash equivalents | 598 | 813 | 772 | 110 | 75 | 1 | |||
| Receivables | 6,729 | 4,830 | 6,737 | 403 | 405 | 28 | |||
| Inventory, net of allowances, customer advances and progress billings | 2,570 | 2,079 | 1,625 | 842 | 650 | 19 | |||
| Inventory | 2,570 | 2,079 | 1,625 | 842 | 650 | 19 | |||
| Other undisclosed current assets | 1,598 | 2,096 | 430 | 285 | 121 | ||||
| Total current assets: | 11,495 | 9,817 | 9,564 | 1,641 | 1,252 | 48 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 2,714 | 2,772 | 1,665 | 532 | 1,118 | ✕ | |||
| Property, plant and equipment | 1,623 | 1,476 | 1,076 | 490 | 241 | 6 | |||
| Long-term investments and receivables, including: | 20 | 42 | 42 | ||||||
| Other undisclosed long-term investments and receivables | 20 | 42 | 42 | ||||||
| Intangible assets, net (including goodwill) | 7,458 | 7,661 | 7,778 | 1,401 | 143 | ||||
| Goodwill | 3,803 | 3,803 | 4,253 | 736 | 143 | ||||
| Intangible assets, net (excluding goodwill) | 3,655 | 3,858 | 3,525 | 664 | |||||
| Other undisclosed noncurrent assets | 3,116 | 3,401 | 2,296 | 639 | 30 | ||||
| Total noncurrent assets: | 14,931 | 15,352 | 12,859 | 3,063 | 1,532 | 6 | |||
| TOTAL ASSETS: | 26,426 | 25,169 | 22,422 | 4,703 | 2,784 | 53 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 6,474 | 6,263 | 6,187 | 3,505 | 11,049 | 74 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | 2,056 | 1,953 | 10,519 | 10,980 | ||
| Accounts payable | 5,554 | 5,179 | 2,332 | 911 | 298 | ||||
| Accrued liabilities | 920 | 1,084 | 1,799 | 641 | 232 | ||||
| Other undisclosed accounts payable and accrued liabilities | (10,907) | ||||||||
| Deferred revenue | 939 | 1,337 | 721 | 220 | 176 | ✕ | |||
| Debt | 440 | 440 | 669 | 416 | 93 | 1,875 | |||
| Due to related parties | ✕ | ✕ | 10,540 | 10,923 | 3,610 | 760 | |||
| Other undisclosed current liabilities | 6,324 | 1,980 | 2,300 | 2,201 | 2,101 | ||||
| Total current liabilities: | 14,176 | 10,019 | 20,417 | 17,264 | 17,029 | 2,709 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 2,449 | 1,060 | 1,831 | 366 | 893 | ||||
| Long-term debt, excluding current maturities | 2,449 | 1,060 | 600 | ||||||
| Liabilities, other than long-term debt | 2,028 | 2,161 | 9,539 | ||||||
| Due to related parties | ✕ | ✕ | 9,539 | ||||||
| Operating lease, liability | 2,028 | 2,161 | 1,232 | 366 | 893 | ✕ | |||
| Other undisclosed noncurrent liabilities | 10,705 | 7,676 | 5,589 | 113 | (893) | ||||
| Total noncurrent liabilities: | 15,182 | 10,897 | 16,959 | 846 | 893 | ||||
| Other undisclosed liabilities | 10,980 | ||||||||
| Total liabilities: | 29,358 | 20,916 | 37,376 | 18,110 | 17,922 | 13,689 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (3,020) | 4,109 | (16,499) | (13,971) | (15,138) | (13,636) | |||
| Preferred stock | 0 | 0 | |||||||
| Common stock | 471 | 443 | 361 | 369 | 342 | 241 | |||
| Additional paid in capital | 148,335 | 145,252 | 104,627 | 92,966 | 91,905 | 91,086 | |||
| Accumulated other comprehensive income (loss) | (5) | (51) | (51) | 32 | (8) | ||||
| Accumulated deficit | (151,951) | (141,729) | (121,436) | (107,338) | (107,430) | (104,963) | |||
| Other undisclosed equity, attributable to parent | 130 | 194 | 52 | ||||||
| Equity, attributable to noncontrolling interest | 88 | 144 | 479 | (38) | |||||
| Other undisclosed equity | 1,067 | 602 | |||||||
| Total equity: | (2,932) | 4,253 | (14,953) | (13,407) | (15,138) | (13,636) | |||
| TOTAL LIABILITIES AND EQUITY: | 26,426 | 25,169 | 22,422 | 4,703 | 2,784 | 53 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 TTM | 6/30/2023 | 6/30/2022 | 6/30/2021 | 6/30/2020 | 6/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 31,324 | 29,739 | 19,268 | 3,407 | 1,178 | 72 | ||
| Cost of revenue | (23,491) | (20,679) | (8,761) | (2,472) | (626) | (75) | ||
| Cost of goods and services sold | (23,491) | (20,679) | (8,761) | (2,472) | (626) | |||
| Gross profit: | 7,833 | 9,060 | 10,506 | 935 | 552 | (3) | ||
| Operating expenses | (30,352) | (30,020) | (20,942) | (9,505) | (3,241) | (772) | ||
| Operating loss: | (22,519) | (20,960) | (10,435) | (8,570) | (2,689) | (775) | ||
| Nonoperating income (expense) | (735) | 332 | (1,004) | 8,571 | 212 | |||
| Other nonoperating expense | ||||||||
| Interest and debt expense | (987) | (2,553) | (1,304) | 78 | (1,042) | (853) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 1,042 | |||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (24,241) | (23,181) | (12,743) | 80 | (2,478) | (1,628) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 660 | 2,553 | 1,304 | (78) | 853 | |||
| Income (loss) from continuing operations before income taxes: | (23,581) | (20,628) | (11,439) | 1 | (2,478) | (775) | ||
| Income tax expense | (133) | (2,054) | (667) | |||||
| Other undisclosed income from continuing operations | 327 | 2,054 | 667 | |||||
| Income (loss) from continuing operations: | (23,254) | (20,628) | (11,572) | 1 | (2,478) | (775) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (11,572) | 1 | (2,478) | (775) | |
| Net income (loss): | (23,254) | (20,628) | (11,572) | 1 | (2,478) | (775) | ||
| Net income (loss) attributable to noncontrolling interest | 770 | 335 | (2,527) | 90 | 11 | |||
| Other undisclosed net income attributable to parent | 1,141 | |||||||
| Net income (loss) available to common stockholders, diluted: | (22,484) | (20,293) | (14,098) | 91 | (2,466) | 366 | ||
Comprehensive Income ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 TTM | 6/30/2023 | 6/30/2022 | 6/30/2021 | 6/30/2020 | 6/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (23,254) | (20,628) | (11,572) | 1 | (2,478) | (775) | ||
| Comprehensive income (loss): | (23,254) | (20,628) | (11,572) | 1 | (2,478) | (775) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 770 | 335 | (2,527) | 90 | 11 | |||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (753) | (335) | 2,444 | (50) | (19) | |||
| Comprehensive income (loss), net of tax, attributable to parent: | (23,237) | (20,628) | (11,655) | 41 | (2,485) | (775) | ||
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.