Forevergreen Worldwide Corp (FVRG) financial statements (2020 and earlier)

Company profile

Business Address 632 N 2000 W
LINDON, UT 84042
State of Incorp. NV
Fiscal Year End December 31
SIC 209 - Miscellaneous Food Preparations And Kindred (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments811201481921088592
Cash and cash equivalents811201481921088592
Restricted cash and investments2757575757152152
Receivables971081541502159460
Inventory, net of allowances, customer advances and progress billings4275935485457191,1121,006
Inventory4275935485457191,1121,006
Other undisclosed current assets51292155193127156102
Total current assets:6841,1691,0621,1371,2271,5991,411
Noncurrent Assets
Property, plant and equipment1,6352,1472,3552,4872,6802,7733,036
Intangible assets, net (including goodwill)    (942) 6
Intangible assets, net (excluding goodwill)    (942) 6
Other undisclosed noncurrent assets    942  
Total noncurrent assets:1,6352,1472,3552,4872,6802,7733,042
TOTAL ASSETS:2,3193,3163,4163,6243,9064,3724,453
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities4,1664,6664,6824,7694,6095,1975,167
Accounts payable1,8131,8781,8871,9612,1792,4662,543
Accrued liabilities2,3532,7882,7962,8082,4292,7312,624
Deferred revenue231
Debt2,591818822(1,847)1,0861,929
Due to related parties133    245245
Deferred revenue and credits60143391
Other undisclosed current liabilities3,0791,1962,0221,8153,693  
Total current liabilities:10,1996,6806,7126,6666,4706,5617,432
Noncurrent Liabilities
Long-term debt and lease obligation4584835335935,793723788
Long-term debt, excluding current maturities4584835335935,793723788
Liabilities, other than long-term debt     3,0982,260
Due to related parties     3,0982,260
Other undisclosed noncurrent liabilities1,0004,3405,1415,139 2,3662,078
Total noncurrent liabilities:1,4584,8235,6745,7325,7936,1865,126
Total liabilities:11,65711,50412,38612,39812,26212,74712,557
Stockholders' equity
Stockholders' equity attributable to parent(9,338)(8,188)(8,970)(8,774)(8,356)(8,375)(8,104)
Common stock31322727272727
Treasury stock, value (1,000)(1,000)(1,000)(1,000)(1,000)(1,000)
Additional paid in capital37,10638,10537,11837,11837,11837,11836,866
Accumulated other comprehensive income (loss)1,104555493275401(315)(46)
Accumulated deficit(47,579)(45,879)(45,608)(45,194)(44,902)(44,205)(43,951)
Total stockholders' equity:(9,338)(8,188)(8,970)(8,774)(8,356)(8,375)(8,104)
TOTAL LIABILITIES AND EQUITY:2,3193,3163,4163,6243,9064,3724,453

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

12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
Revenues1,9222,2952,7273,2143,5794,0344,775
Revenue, net3,2143,5794,0344,775
Cost of revenue(1,501)(381)(620)(800)(882)(877)(1,274)
Gross profit:4211,9142,1072,4142,6973,1563,501
Operating expenses(1,844)(1,914)(2,239)(2,487)(3,290)(3,155)(4,010)
Operating income (loss):(1,423)(0)(132)(72)(593)1(508)
Nonoperating expense(276)(271)(283)(219)(104)(256)(188)
Other nonoperating income (expense)35(2)1330199(44)2
Interest and debt expense 25(296)(249)   
Other undisclosed loss from continuing operations before equity method investments, income taxes    (851)  
Loss from continuing operations before equity method investments, income taxes:(1,699)(247)(710)(540)(1,549)(255)(696)
Other undisclosed income from continuing operations before income taxes  296    
Net loss:(1,699)(247)(414)(540)(1,549)(255)(696)
Other undisclosed net income (loss) attributable to parent (25) 249851  
Net loss available to common stockholders, diluted:(1,699)(272)(414)(291)(697)(255)(696)

Comprehensive Income ($ in thousands)

12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
Net loss:(1,699)(247)(414)(540)(1,549)(255)(696)
Comprehensive loss:(1,699)(247)(414)(540)(1,549)(255)(696)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent549372181221,568(269)39
Comprehensive income (loss), net of tax, attributable to parent:(1,150)(210)(196)(418)19(524)(658)

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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