East Coast Diversified Corp (ECDV) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
810 FRANKLIN COURT, SUITE H MARIETTA, GA 30067 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3663 - Radio and Television Broadcasting and Communications Equipment (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1 | 16 | 5 | 4 | 4 | ||||
| Cash and cash equivalents | 1 | 16 | 5 | 4 | 4 | ||||
| Receivables | 334 | 299 | 185 | 76 | 51 | ||||
| Inventory, net of allowances, customer advances and progress billings | 183 | 184 | 251 | 249 | 244 | 251 | |||
| Inventory | 183 | 184 | 251 | 249 | 244 | 251 | |||
| Prepaid expense | 1 | 154 | 91 | 14 | 15 | 16 | |||
| Other undisclosed current assets | 13 | 25 | 38 | 343 | 200 | 200 | |||
| Total current assets: | 531 | 663 | 581 | 611 | 538 | 522 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 24 | 27 | 26 | 2 | 2 | 3 | |||
| Intangible assets, net (including goodwill) | 700 | 150 | 150 | ||||||
| Intangible assets, net (excluding goodwill) | 700 | 150 | 150 | ||||||
| Prepaid expense | 13 | 25 | |||||||
| Other noncurrent assets | 720 | 170 | 170 | 15 | 28 | 40 | |||
| Other undisclosed noncurrent assets | (700) | (150) | (150) | (13) | (25) | ||||
| Total noncurrent assets: | 744 | 197 | 196 | 17 | 30 | 43 | |||
| TOTAL ASSETS: | 1,275 | 860 | 777 | 628 | 568 | 565 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 837 | 719 | 1,035 | 714 | 644 | 629 | |||
| Interest and dividends payable | 33 | 20 | |||||||
| Employee-related liabilities | 3,782 | 3,628 | 2,920 | 2,729 | 2,600 | 2,495 | |||
| Accounts payable | 595 | 500 | |||||||
| Accrued liabilities | 210 | 199 | |||||||
| Other undisclosed accounts payable and accrued liabilities | (3,782) | (3,628) | (1,885) | (2,015) | (1,957) | (1,866) | |||
| Debt | 1,634 | 1,139 | 867 | 552 | 454 | 563 | |||
| Deferred revenue and credits | 73 | 83 | 88 | ||||||
| Due to related parties | 369 | 1,230 | 721 | 704 | 600 | ||||
| Other undisclosed current liabilities | 4,139 | 3,206 | 2,920 | 2,729 | 2,694 | 3,172 | |||
| Total current liabilities: | 7,053 | 6,295 | 5,626 | 4,788 | 4,391 | 4,365 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 2 | 75 | |||||||
| Due to related parties | 75 | ||||||||
| Derivative instruments and hedges, liabilities | 2 | ||||||||
| Other undisclosed noncurrent liabilities | (2) | 74 | |||||||
| Total noncurrent liabilities: | 75 | 74 | |||||||
| Total liabilities: | 7,053 | 6,295 | 5,626 | 4,788 | 4,466 | 4,438 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (5,343) | (5,006) | (4,449) | (3,772) | (3,513) | (3,674) | |||
| Preferred stock, shares subscribed but unissued, subscriptions receivable | (1,087) | (1,087) | (1,087) | (1,087) | (1,087) | (1,108) | |||
| Common stock | 12,409 | 12,409 | 12,409 | 12,409 | 12,409 | 7,187 | |||
| Additional paid in capital | 5,715 | 5,715 | 5,715 | 5,715 | 5,702 | 10,398 | |||
| Accumulated deficit | (22,820) | (22,483) | (21,926) | (21,249) | (20,957) | (20,620) | |||
| Other undisclosed equity, attributable to parent | 441 | 441 | 441 | 441 | 421 | 469 | |||
| Equity, attributable to noncontrolling interest | (440) | (433) | (404) | (392) | (390) | (386) | |||
| Total equity: | (5,783) | (5,439) | (4,854) | (4,164) | (3,902) | (4,059) | |||
| Other undisclosed liabilities and equity | 5 | 5 | 5 | 5 | 5 | 187 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,275 | 860 | 777 | 628 | 568 | 565 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 157 | 198 | 175 | 153 | 58 | 18 | ||
| Revenue, net | 87 | 198 | 146 | 58 | 18 | |||
| Cost of revenue | (11) | (7) | 48 | (24) | (10) | (3) | ||
| Cost of goods and services sold | (37) | (88) | (24) | (28) | (4) | |||
| Gross profit: | 146 | 191 | 222 | 130 | 49 | 15 | ||
| Operating expenses | (464) | (729) | 594 | (769) | (356) | (422) | ||
| Other undisclosed operating income (loss) | 11 | 7 | (1,153) | 396 | 10 | 3 | ||
| Operating loss: | (307) | (531) | (337) | (243) | (297) | (404) | ||
| Nonoperating expense | (36) | (55) | (352) | (51) | (44) | (109) | ||
| Interest and debt expense | 36 | (55) | (352) | (51) | (108) | (109) | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (36) | |||||||
| Loss from continuing operations: | (343) | (641) | (1,041) | (346) | (449) | (621) | ||
| Loss before gain (loss) on sale of properties: | (343) | (641) | (1,041) | (346) | (449) | (621) | ||
| Other undisclosed net income | 6 | 1,359 | 51 | |||||
| Net income (loss): | (337) | (641) | 318 | (294) | (449) | (621) | ||
| Net income attributable to noncontrolling interest | 6 | 29 | 12 | 2 | 4 | 4 | ||
| Other undisclosed net income (loss) attributable to parent | (6) | 55 | (1,007) | 108 | 1,093 | |||
| Net income (loss) attributable to parent: | (337) | (557) | (677) | (292) | (337) | 476 | ||
| Other undisclosed net loss available to common stockholders, basic | (984) | (984) | ||||||
| Net loss available to common stockholders, diluted: | (337) | (557) | (1,661) | (292) | (337) | (508) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (337) | (641) | 318 | (294) | (449) | (621) | ||
| Comprehensive income (loss): | (337) | (641) | 318 | (294) | (449) | (621) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 6 | 29 | 12 | 2 | 4 | (4) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (330) | (612) | 330 | (292) | (445) | (626) | ||
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.