Agritech Worldwide, Inc. (FBER) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1011 CAMPUS DRIVE MUNDELEIN, IL 60060 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 204 - Grain Mill Products (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2017 MRQ | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 21 | 310 | 1,028 | 443 | 645 | |||
| Cash and cash equivalents | 21 | 310 | 1,028 | 443 | 645 | |||
| Receivables | 33 | 248 | 46 | 380 | 299 | |||
| Inventory, net of allowances, customer advances and progress billings | 91 | 238 | 709 | 545 | 469 | |||
| Inventory | 91 | 238 | 709 | 545 | 469 | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | 137 | 137 | ||
| Other undisclosed current assets | 10 | 56 | 63 | |||||
| Total current assets: | 154 | 852 | 1,846 | 1,505 | 1,550 | |||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 367 | 471 | 1,208 | 1,800 | 2,446 | |||
| Long-term investments and receivables | 551 | 523 | ||||||
| Accounts and financing receivable, after allowance for credit loss | 551 | 523 | ||||||
| Other noncurrent assets | 28 | 31 | 15 | ✕ | ||||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | 12 | 12 | ||
| Total noncurrent assets: | 395 | 502 | 1,223 | 2,363 | 2,981 | |||
| TOTAL ASSETS: | 549 | 1,354 | 3,070 | 3,868 | 4,531 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 2,402 | 1,826 | 1,751 | 620 | 534 | |||
| Settlement liabilities | 102 | ✕ | ✕ | |||||
| Interest and dividends payable | 628 | 96 | ||||||
| Employee-related liabilities | 152 | 52 | 32 | |||||
| Accounts payable | 833 | 1,141 | 1,034 | 375 | 329 | |||
| Accrued liabilities | 940 | 685 | 367 | 194 | 174 | |||
| Debt | 1,093 | 217 | 588 | |||||
| Derivative instruments and hedges, liabilities | 131 | 743 | 20 | 95 | 8,025 | |||
| Due to related parties | 1,850 | 1,082 | 270 | |||||
| Customer advances and deposits | 70 | ✕ | ✕ | |||||
| Other undisclosed current liabilities | 1,293 | 786 | (314) | (15) | 4 | |||
| Total current liabilities: | 6,769 | 4,654 | 2,386 | 700 | 8,564 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 265 | |||||||
| Capital lease obligations | 265 | |||||||
| Liabilities, other than long-term debt | 990 | |||||||
| Due to related parties | 990 | |||||||
| Total noncurrent liabilities: | 265 | 990 | ||||||
| Total liabilities: | 6,769 | 4,919 | 3,376 | 700 | 8,564 | |||
| Equity | ||||||||
| Equity, attributable to parent, including: | (6,220) | (3,564) | (307) | 3,168 | (4,033) | |||
| Common stock | 8 | 5 | 2 | 2 | 1 | |||
| Additional paid in capital | 153,346 | 152,854 | 131,135 | 130,040 | 104,892 | |||
| Accumulated deficit | (159,585) | (156,430) | (132,453) | (126,873) | (113,441) | |||
| Other undisclosed equity, attributable to parent | 12 | 7 | 1,010 | 4,515 | ||||
| Other undisclosed equity | 0 | |||||||
| Total equity: | (6,220) | (3,564) | (307) | 3,168 | (4,033) | |||
| TOTAL LIABILITIES AND EQUITY: | 549 | 1,354 | 3,070 | 3,868 | 4,531 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 1,177 | 1,151 | 1,014 | 1,429 | 1,275 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (1,804) | (2,056) | (996) | (3,600) | (2,610) | ||
| Gross profit: | (626) | (905) | 18 | (2,171) | (1,335) | ||
| Operating expenses | (2,027) | (3,677) | (5,355) | (6,480) | (4,708) | ||
| Operating loss: | (2,654) | (4,581) | (5,337) | (8,651) | (6,043) | ||
| Nonoperating expense | (502) | (19,395) | (242) | (4,782) | (3,541) | ||
| Investment income, nonoperating | 567 | (1,266) | 102 | 102 | 98 | ||
| Interest and debt expense | (552) | (232) | (8) | (2) | (0) | ||
| Loss from continuing operations: | (3,707) | (24,208) | (5,587) | (13,434) | (9,584) | ||
| Loss before gain (loss) on sale of properties: | (3,707) | (24,208) | (5,587) | (13,434) | (9,584) | ||
| Net loss: | (3,707) | (24,208) | (5,587) | (13,434) | (9,584) | ||
| Other undisclosed net income attributable to parent | 552 | 232 | 8 | 2 | 0 | ||
| Net loss attributable to parent: | (3,155) | (23,976) | (5,580) | (13,432) | (9,584) | ||
| Preferred stock dividends and other adjustments | (356) | (281) | (56) | (584) | |||
| Other undisclosed net loss available to common stockholders, basic | (3,684) | ||||||
| Net loss available to common stockholders, diluted: | (3,511) | (24,257) | (5,580) | (13,488) | (13,852) | ||
Comprehensive Income ($ in thousands)
| 3/31/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Net loss: | (3,707) | (24,208) | (5,587) | (13,434) | (9,584) | ||
| Comprehensive loss, net of tax, attributable to parent: | (3,707) | (24,208) | (5,587) | (13,434) | (9,584) | ||
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.