Erf Wireless Inc (ERFB) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
2911 SOUTH SHORE BLVD LEAGUE CITY, TX 77573 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3669 - Communications Equipment, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 179 | 190 | 216 | 42 | 110 | 1,287 | 56 | ||
| Cash and cash equivalents | 179 | 190 | 216 | 42 | 110 | 1,287 | 56 | ||
| Receivables | 455 | 361 | 551 | 1,001 | 682 | 725 | 845 | ||
| Inventory, net of allowances, customer advances and progress billings | 269 | 262 | 252 | 264 | 313 | 363 | 385 | ||
| Inventory | 269 | 262 | 252 | 264 | 313 | 363 | 385 | ||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 36 | ||
| Other current assets | 63 | 43 | 37 | 37 | 37 | 36 | |||
| Other undisclosed current assets | 1,125 | 545 | 525 | 738 | 828 | 710 | 671 | ||
| Total current assets: | 2,091 | 1,401 | 1,581 | 2,082 | 1,970 | 3,121 | 1,993 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 1,439 | 1,975 | 2,373 | 2,777 | 3,127 | 3,469 | 3,730 | ||
| Intangible assets, net (including goodwill) | 176 | 176 | 176 | 176 | 176 | 176 | |||
| Goodwill | 176 | 176 | 176 | 176 | 176 | 176 | |||
| Other undisclosed noncurrent assets | 63 | 43 | 37 | 37 | 37 | 36 | 36 | ||
| Total noncurrent assets: | 1,502 | 2,194 | 2,586 | 2,990 | 3,340 | 3,681 | 3,942 | ||
| TOTAL ASSETS: | 3,593 | 3,595 | 4,167 | 5,072 | 5,310 | 6,802 | 5,935 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 2,325 | 2,312 | 2,285 | 2,457 | 1,826 | 1,992 | 1,765 | ||
| Accounts payable | 1,218 | 1,058 | 964 | 1,299 | 1,005 | 1,045 | 1,025 | ||
| Accrued liabilities | 1,107 | 1,254 | 1,321 | 1,158 | 821 | 947 | 740 | ||
| Debt | 3,045 | 3,975 | 3,853 | 3,435 | 3,742 | 3,193 | 1,262 | ||
| Derivative instruments and hedges, liabilities | 216 | 315 | 398 | 677 | 1,072 | 1,107 | 610 | ||
| Deferred revenue and credits | 23 | 1 | 7 | 13 | 21 | 8 | 14 | ||
| Total current liabilities: | 5,609 | 6,603 | 6,543 | 6,582 | 6,661 | 6,300 | 3,651 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 141 | 108 | 134 | 174 | 233 | 231 | 167 | ||
| Long-term debt, excluding current maturities | 634 | 639 | 781 | 1,024 | 1,016 | 1,133 | 1,418 | ||
| Capital lease obligations | 141 | 108 | 134 | 174 | 233 | 231 | 167 | ||
| Other undisclosed long-term debt and lease obligation | (634) | (639) | (781) | (1,024) | (1,016) | (1,133) | (1,418) | ||
| Other undisclosed noncurrent liabilities | 4,683 | 4,986 | 5,295 | 5,305 | 3,539 | 4,160 | 4,797 | ||
| Total noncurrent liabilities: | 4,824 | 5,094 | 5,429 | 5,479 | 3,772 | 4,391 | 4,964 | ||
| Total liabilities: | 10,433 | 11,697 | 11,972 | 12,061 | 10,433 | 10,691 | 8,615 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | (6,972) | (8,234) | (7,936) | (7,121) | (5,252) | (4,016) | (2,811) | ||
| Preferred stock | 9 | 9 | 9 | 10 | 8 | 8 | 8 | ||
| Common stock | 15 | 4 | 1 | 15 | 10 | 8 | |||
| Additional paid in capital | 57,695 | 57,099 | 56,412 | 56,177 | 57,302 | 55,922 | 54,873 | ||
| Accumulated other comprehensive loss | (32) | (32) | (32) | (32) | (32) | (32) | (32) | ||
| Accumulated deficit | (64,659) | (65,314) | (64,326) | (63,276) | (62,545) | (59,924) | (57,668) | ||
| Stockholders' equity attributable to noncontrolling interest | 132 | 132 | 131 | 132 | 129 | 127 | 131 | ||
| Total stockholders' equity: | (6,840) | (8,102) | (7,805) | (6,989) | (5,123) | (3,889) | (2,680) | ||
| TOTAL LIABILITIES AND EQUITY: | 3,593 | 3,595 | 4,167 | 5,072 | 5,310 | 6,802 | 5,935 | ||
Income Statement (P&L) ($ in thousands) Annual | Quarterly
| 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,362 | 1,635 | 1,592 | 1,968 | 1,803 | 1,563 | 1,902 | |
| Revenue, net | 1,362 | 1,635 | 1,592 | 1,877 | 1,803 | 1,563 | 1,913 | |
| Cost of revenue (Cost of Goods and Services Sold) | (397) | (329) | (312) | (400) | (412) | (366) | (394) | |
| Other undisclosed gross profit | (612) | (610) | (620) | (768) | (647) | (633) | (619) | |
| Gross profit: | 353 | 696 | 660 | 800 | 744 | 564 | 889 | |
| Operating expenses | (1,269) | (1,255) | (1,364) | (1,683) | (1,892) | (1,911) | (2,018) | |
| Operating loss: | (916) | (559) | (704) | (883) | (1,148) | (1,347) | (1,129) | |
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 1,570 | (428) | (347) | 155 | (1,471) | (913) | (524) | |
| Interest and debt expense | (555) | (466) | (554) | (256) | (1,479) | (1,030) | (758) | |
| Income (loss) before gain (loss) on sale of properties: | 99 | (1,453) | (1,605) | (984) | (4,098) | (3,290) | (2,411) | |
| Other undisclosed net income | 556 | 466 | 554 | 256 | 1,479 | 1,030 | 758 | |
| Net income (loss): | 655 | (987) | (1,051) | (728) | (2,619) | (2,260) | (1,653) | |
| Net income (loss) attributable to noncontrolling interest | (1) | 1 | (3) | (2) | 4 | (3) | ||
| Net income (loss) available to common stockholders, basic: | 655 | (988) | (1,050) | (731) | (2,621) | (2,256) | (1,656) | |
| Other undisclosed net income (loss) available to common stockholders, diluted | (1) | 2 | (4) | 3 | ||||
| Net income (loss) available to common stockholders, diluted: | 655 | (988) | (1,050) | (732) | (2,619) | (2,260) | (1,653) | |
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 655 | (987) | (1,051) | (728) | (2,619) | (2,260) | (1,653) | |
| Comprehensive income (loss): | 655 | (987) | (1,051) | (728) | (2,619) | (2,260) | (1,653) | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (1) | (1) | 3 | 2 | (4) | 3 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (6) | (4) | 8 | (6) | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | 655 | (988) | (1,052) | (731) | (2,621) | (2,256) | (1,656) | |
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.