Driven Deliveries, Inc. (DRVD) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
134 PENN STREET EL SEGUNDO, CA 90245 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 8742 - Management Consulting Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2020 MRQ | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 267 | 5 | 11 | ||||
| Cash and cash equivalents | 267 | 5 | 11 | ||||
| Receivables | 474 | 0 | 0 | ||||
| Inventory, net of allowances, customer advances and progress billings | 150 | ||||||
| Inventory | 150 | ||||||
| Other undisclosed current assets | 207 | 11 | |||||
| Total current assets: | 1,098 | 6 | 0 | 22 | |||
| Noncurrent Assets | |||||||
| Operating lease, right-of-use asset | 116 | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 82 | 24 | 1 | 2 | |||
| Intangible assets, net (including goodwill) | 4,622 | ||||||
| Intangible assets, net (excluding goodwill) | 4,622 | ||||||
| Deposits noncurrent assets | 61 | 4 | |||||
| Other undisclosed noncurrent assets | 1,272 | ||||||
| Total noncurrent assets: | 6,153 | 28 | 1 | 2 | |||
| Other undisclosed assets | (0) | ||||||
| TOTAL ASSETS: | 7,251 | 34 | 1 | 24 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities, including: | 1,701 | 219 | 3 | 16 | |||
| Settlement liabilities | 352 | ||||||
| Interest and dividends payable | 2 | ||||||
| Taxes payable | 784 | 0 | 0 | ||||
| Other undisclosed accounts payable and accrued liabilities | 564 | 219 | 16 | ||||
| Debt | 1,057 | ||||||
| Deferred rent credit | 5 | ✕ | ✕ | ||||
| Derivative instruments and hedges, liabilities | 27 | ||||||
| Business combination, contingent consideration, liability | 908 | ||||||
| Due to related parties | 12 | 26 | |||||
| Other undisclosed current liabilities | 1,416 | 150 | 25 | 0 | |||
| Total current liabilities: | 5,109 | 386 | 28 | 43 | |||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation: | 76 | ||||||
| Liabilities, other than long-term debt | 443 | ||||||
| Operating lease, liability | 76 | ✕ | ✕ | ✕ | |||
| Business combination, contingent consideration, liability | 443 | ||||||
| Total noncurrent liabilities: | 519 | ||||||
| Total liabilities: | 5,628 | 386 | 28 | 43 | |||
| Equity | |||||||
| Equity, attributable to parent | 2,150 | (352) | (27) | (19) | |||
| Common stock | 4 | 4 | 0 | 0 | |||
| Additional paid in capital | 17,388 | 2,425 | 58 | 37 | |||
| Accumulated deficit | (15,242) | (2,681) | (85) | (56) | |||
| Stockholders' equity note, subscriptions receivable | (100) | ||||||
| Equity, attributable to noncontrolling interest | (528) | ||||||
| Total equity: | 1,622 | (352) | (27) | (19) | |||
| TOTAL LIABILITIES AND EQUITY: | 7,251 | 34 | 1 | 24 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2020 TTM | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|
| Revenues | 2,823 | (65) | 55 | 168 | ||
| Revenue, net | ✕ | ✕ | ✕ | 55 | 168 | |
| Cost of revenue | (1,851) | (3) | (8) | (31) | ||
| Cost of goods and services sold | (1,851) | (19) | (75) | |||
| Other undisclosed gross profit | (14) | (44) | ||||
| Gross profit: | 972 | (68) | 33 | 93 | ||
| Operating expenses | (13,474) | (2,553) | (59) | (128) | ||
| Operating loss: | (12,502) | (2,621) | (27) | (35) | ||
| Nonoperating expense (Other Nonoperating expense) | (344) | |||||
| Interest and debt expense | 26 | 8 | (2) | |||
| Loss from continuing operations before equity method investments, income taxes: | (12,821) | (2,614) | (29) | (35) | ||
| Other undisclosed loss from continuing operations before income taxes | (26) | (15) | ||||
| Loss from continuing operations before income taxes: | (12,847) | (2,629) | (29) | (35) | ||
| Income tax expense | (241) | |||||
| Other undisclosed income from continuing operations | 12,561 | |||||
| Loss from continuing operations: | (528) | (2,629) | (29) | (35) | ||
| Loss before gain (loss) on sale of properties: | ✕ | (528) | (2,629) | (29) | (35) | |
| Other undisclosed net loss | (12,561) | |||||
| Net loss: | (13,088) | (2,629) | (29) | (35) | ||
| Net income attributable to noncontrolling interest | 12,561 | |||||
| Other undisclosed net loss attributable to parent | (12,561) | |||||
| Net loss available to common stockholders, diluted: | (13,088) | (2,629) | (29) | (35) | ||
Comprehensive Income ($ in thousands)
| 9/30/2020 TTM | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|
| Net loss: | (13,088) | (2,629) | (29) | (35) | ||
| Comprehensive loss: | (13,088) | (2,629) | (29) | (35) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 12,561 | |||||
| Comprehensive loss, net of tax, attributable to parent: | (528) | (2,629) | (29) | (35) | ||
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.