Frelii, Inc. (FRLI) financial statements (2021 and earlier)

Company profile

Business Address 2701 NORTH THANKSGIVING WAY
LEHI, UT 84043
State of Incorp. NV
Fiscal Year End December 31
SIC 65 - Real Estate (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments12752045912450
Cash and cash equivalents12752045912450
Receivables452525252528
Inventory, net of allowances, customer advances and progress billings5050452314 
Inventory5050452314 
Prepaid expense20  8  
Other undisclosed current assets 25101318 
Total current assets:12817528424517178
Noncurrent Assets
Property, plant and equipment121,734234234234234
Intangible assets, net (including goodwill)1,542     
Intangible assets, net (excluding goodwill)1,542     
Other undisclosed noncurrent assets (105)(56)(44)(33)(21)
Total noncurrent assets:1,5541,629178190202213
TOTAL ASSETS:1,6821,804462435373292
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1324588552910
Employee-related liabilities252521242323
Interest and dividends payable3     
Other undisclosed accounts payable and accrued liabilities1031966316(14)
Deferred revenue4340 
Debt19     
Due to related parties12712712712712791
Other undisclosed current liabilities     150
Total current liabilities:321211214182155251
Noncurrent Liabilities
Other undisclosed liabilities21225212423 
Total liabilities:533237235205178251
Stockholders' equity
Stockholders' equity attributable to parent, including:1,1491,56822722919441
Common stock, share subscribed but unissued, subscriptions receivable (25)(10)(131)  
Additional paid in capital14,04411,9879,2118,8668,5916,177
Accumulated other comprehensive loss(1)     
Accumulated deficit(12,947)(10,461)(9,023)(8,676)(8,435)(6,173)
Other undisclosed stockholders' equity attributable to parent5366491703937
Total stockholders' equity:1,1491,56822722919441
TOTAL LIABILITIES AND EQUITY:1,6821,804462435373292

Income statement (P&L) ($ in thousands)

9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Revenues24231719133
Cost of revenue
(Cost of Goods and Services Sold)
(2)(4)(5)(10)(18) 
Gross profit:2118129(5)3
Operating expenses(2,501)(1,455)(359)(248)(1,099)(2,227)
Operating loss:(2,479)(1,437)(347)(239)(1,103)(2,224)
Nonoperating income (expense)(8)(1)(1)(2)(1,159)1
Interest and debt expense(8)(1)(1) (1,159) 
Loss from continuing operations before equity method investments, income taxes:(2,495)(1,438)(348)(241)(3,421)(2,223)
Other undisclosed income from continuing operations before income taxes811 1,159 
Net loss available to common stockholders, diluted:(2,487)(1,438)(347)(241)(2,262)(2,223)

Comprehensive Income ($ in thousands)

9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Net loss:(2,487)(1,438)(347)(241)(2,262)(2,223)
Comprehensive loss:(2,487)(1,438)(347)(241)(2,262)(2,223)
Other undisclosed comprehensive loss, net of tax, attributable to parent(1)     
Comprehensive loss, net of tax, attributable to parent:(2,488)(1,438)(347)(241)(2,262)(2,223)

Statements sources

The financial statements are based on the company's filings with the 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.

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