Free Flow, Inc. (FFLO) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
9243 JOHN F. KENNEDY BLVD. NORTH BERGEN, NJ 07047 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 5531 - Auto and Home Supply Stores (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 40 | 17 | 10 | 84 | 7 | 19 | |||
| Cash and cash equivalents | 40 | 17 | 10 | 84 | 7 | 19 | |||
| Receivables | 95 | 95 | 105 | 203 | 107 | 8 | |||
| Inventory, net of allowances, customer advances and progress billings | 5 | 1 | 2,525 | 1,779 | 777 | 571 | |||
| Inventory | 5 | 1 | 2,525 | 1,779 | 777 | 571 | |||
| Advances on inventory purchases | 19 | ||||||||
| Other undisclosed current assets | 33 | 78 | (0) | (0) | 6 | 1 | |||
| Total current assets: | 172 | 190 | 2,640 | 2,065 | 897 | 618 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 489 | 531 | 1,535 | 1,588 | 711 | 771 | |||
| Other undisclosed noncurrent assets | 12 | 11 | 11 | 9 | (686) | (742) | |||
| Total noncurrent assets: | 500 | 542 | 1,546 | 1,597 | 25 | 29 | |||
| Other undisclosed assets | 686 | 742 | |||||||
| TOTAL ASSETS: | 673 | 732 | 4,186 | 3,662 | 1,608 | 1,388 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 139 | 2 | 24 | 10 | 12 | 7 | |||
| Accounts payable | 139 | 2 | 24 | 10 | 12 | 7 | |||
| Debt | 3 | 10 | 959 | 940 | |||||
| Due to related parties | ✕ | ✕ | 10 | ||||||
| Other undisclosed current liabilities | 10 | 10 | 2 | 2 | 0 | ||||
| Total current liabilities: | 151 | 22 | 984 | 952 | 22 | 8 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 819 | 819 | 482 | 496 | 889 | 900 | |||
| Long-term debt, excluding current maturities | 819 | 819 | 482 | 496 | 889 | 900 | |||
| Other undisclosed noncurrent liabilities | 918 | 885 | 950 | 964 | 322 | ||||
| Total noncurrent liabilities: | 1,737 | 1,705 | 1,433 | 1,460 | 1,211 | 900 | |||
| Other undisclosed liabilities | (0) | (0) | |||||||
| Total liabilities: | 1,888 | 1,726 | 2,417 | 2,411 | 1,233 | 908 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (2,016) | 966 | 425 | (401) | (437) | (321) | |||
| Common stock | 3 | 3 | 3 | 3 | 3 | 3 | |||
| Common stock, value, subscriptions | 26 | ||||||||
| Additional paid in capital | 140 | 129 | 131 | 131 | 131 | 115 | |||
| Retained earnings (accumulated deficit) | (1,927) | 835 | 291 | (560) | (560) | (438) | |||
| Stockholders' equity note, subscriptions receivable | |||||||||
| Other undisclosed equity, attributable to parent | (232) | (11) | 0 | ||||||
| Other undisclosed equity | (0) | (2,761) | 544 | 343 | 11 | 801 | |||
| Total equity: | (2,016) | (1,795) | 968 | (58) | (426) | 480 | |||
| Other undisclosed liabilities and equity | 801 | 801 | 801 | 1,309 | 801 | ||||
| TOTAL LIABILITIES AND EQUITY: | 673 | 732 | 4,186 | 3,662 | 1,608 | 1,388 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 4 | 195 | 746 | 412 | 421 | 250 | ||
| Gain on disposition of assets for financial service operations | ||||||||
| Other income | ||||||||
| Cost of revenue (Cost of Goods and Services Sold) | (17) | (196) | (350) | (173) | (112) | (39) | ||
| Other undisclosed gross profit | 0 | (0) | ||||||
| Gross profit: | (13) | (0) | 396 | 239 | 309 | 211 | ||
| Operating expenses | (254) | (342) | (517) | (393) | (851) | |||
| Other undisclosed operating loss | ||||||||
| Operating income (loss): | (266) | (342) | (121) | (155) | (542) | 211 | ||
| Nonoperating income (expense) | 34 | (2,419) | (27) | 1,005 | 431 | (191) | ||
| Other nonoperating income (expense) | 34 | (2,419) | (27) | 1,005 | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (232) | (2,761) | (148) | 851 | (112) | 20 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 692 | (10) | (40) | |||||
| Income (loss) from continuing operations before income taxes: | (232) | (2,761) | 544 | 851 | (122) | (20) | ||
| Income tax expense | (79) | (185) | (289) | (41) | (7) | |||
| Other undisclosed income (loss) from continuing operations | 41 | |||||||
| Income (loss) from continuing operations: | (311) | (2,761) | 359 | 561 | (122) | (27) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 359 | 561 | (122) | (27) | |
| Other undisclosed net income | 79 | 158 | 289 | 142 | ||||
| Net income (loss): | (232) | (2,761) | 517 | 851 | 20 | (27) | ||
| Other undisclosed net income (loss) attributable to parent | 27 | (142) | 47 | |||||
| Net income (loss) available to common stockholders, diluted: | (232) | (2,761) | 544 | 851 | (122) | 20 | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (232) | (2,761) | 517 | 851 | 20 | (27) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (232) | (2,761) | 517 | 851 | 20 | (27) | ||
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.