FIRST RATE STAFFING CORP (FRSI) Financial Statements (2024 and earlier)
Company Profile
Business Address |
2775 WEST THOMAS ROAD PHOENIX, AZ 85018 |
State of Incorp. | DE |
Fiscal Year End | December 31 |
Industry (SIC) | 7363 - Help Supply Services (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | 12/31/2015 Q4 | |||
---|---|---|---|---|---|---|
ASSETS | ||||||
Current Assets | ||||||
Cash, cash equivalents, and short-term investments | 177 | 535 | ||||
Cash and cash equivalents | 177 | 535 | ||||
Receivables | 516 | 454 | ||||
Total current assets: | 693 | 989 | ||||
Noncurrent Assets | ||||||
Property, plant and equipment | 46 | 50 | ||||
Long-term investments and receivables | 97 | 99 | ||||
Due from related parties | 97 | 99 | ||||
Intangible assets, net (including goodwill) | 227 | 250 | ||||
Intangible assets, net (excluding goodwill) | 227 | 250 | ||||
Deposits noncurrent assets | 133 | 8 | ||||
Total noncurrent assets: | 504 | 406 | ||||
TOTAL ASSETS: | 1,196 | 1,395 | ||||
LIABILITIES AND EQUITY | ||||||
Liabilities | ||||||
Current Liabilities | ||||||
Accounts payable and accrued liabilities | 1,024 | 822 | ||||
Accounts payable | 85 | 77 | ||||
Accrued liabilities | 939 | 745 | ||||
Debt | 116 | 114 | ||||
Total current liabilities: | 1,140 | 937 | ||||
Noncurrent Liabilities | ||||||
Long-term debt and lease obligation | 99 | 130 | ||||
Long-term debt, excluding current maturities | 99 | 130 | ||||
Total noncurrent liabilities: | 99 | 130 | ||||
Total liabilities: | 1,239 | 1,067 | ||||
Equity | ||||||
Equity, attributable to parent | (43) | 328 | ||||
Common stock | 1 | 1 | ||||
Additional paid in capital | 1,090 | 1,090 | ||||
Accumulated deficit | (1,133) | (762) | ||||
Total equity: | (43) | 328 | ||||
TOTAL LIABILITIES AND EQUITY: | 1,196 | 1,395 |
Income Statement (P&L) ($ in thousands)Annual | Quarterly
9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | 12/31/2015 Q4 | ||
---|---|---|---|---|---|
Revenues | 6,360 | 6,957 | |||
Cost of revenue | (6,023) | (6,126) | |||
Gross profit: | 337 | 832 | |||
Operating expenses | (647) | (749) | |||
Operating income (loss): | (311) | 83 | |||
Interest and debt expense | (60) | (74) | |||
Income (loss) from continuing operations: | (371) | 8 | |||
Income (loss) before gain (loss) on sale of properties: | (371) | 8 | |||
Net income (loss) available to common stockholders, diluted: | (371) | 8 |
Comprehensive Income ($ in thousands)Annual | Quarterly
9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | 12/31/2015 Q4 | ||
---|---|---|---|---|---|
Net income (loss): | (371) | 8 | |||
Comprehensive income (loss), net of tax, attributable to parent: | (371) | 8 |
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.