Green Automotive CO (GACR) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
23 CORPORATE PLACE NEWPORT BEACH, CA 92660 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3711 - Motor Vehicles and Passenger Car Bodies (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 62 | 87 | ||
| Cash and cash equivalents | 62 | 87 | ||
| Receivables | 154 | 163 | ||
| Inventory, net of allowances, customer advances and progress billings | 293 | ✕ | ||
| Inventory | 293 | |||
| Prepaid expense | 586 | ✕ | ||
| Prepaid expense and other current assets | ✕ | 38 | ||
| Other current assets | 5 | ✕ | ||
| Other undisclosed current assets | 120 | 11 | ||
| Total current assets: | 1,218 | 300 | ||
| Noncurrent Assets | ||||
| Property, plant and equipment | 608 | 164 | ||
| Intangible assets, net (including goodwill), including: | 3,734 | 3,734 | ||
| Intangible assets, net (excluding goodwill) | (4,352) | (3,582) | ||
| Other undisclosed intangible assets, net (including goodwill) | 8,086 | 7,316 | ||
| Deferred costs | 60 | |||
| Other undisclosed noncurrent assets | (3,734) | (3,734) | ||
| Total noncurrent assets: | 668 | 164 | ||
| TOTAL ASSETS: | 1,887 | 464 | ||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities, including: | 1,717 | 872 | ||
| Taxes payable | 163 | 40 | ||
| Accounts payable and other accrued liabilities | 171 | 104 | ||
| Other undisclosed accounts payable and accrued liabilities | 1,384 | 728 | ||
| Debt | 955 | 89 | ||
| Deferred revenue and credits | 18 | 307 | ||
| Other liabilities | 177 | 27 | ||
| Other undisclosed current liabilities | 72,479 | 80,387 | ||
| Total current liabilities: | 75,346 | 81,683 | ||
| Noncurrent Liabilities | ||||
| Long-term debt and lease obligation | 204 | 385 | ||
| Long-term debt, excluding current maturities | 204 | 385 | ||
| Liabilities, other than long-term debt | 486 | |||
| Due to related parties | 486 | |||
| Other undisclosed noncurrent liabilities | (486) | |||
| Total noncurrent liabilities: | 204 | 385 | ||
| Total liabilities: | 75,550 | 82,067 | ||
| Stockholders' equity | ||||
| Stockholders' equity attributable to parent, including: | (73,663) | (81,603) | ||
| Preferred stock | 1 | |||
| Common stock | 405 | 325 | ||
| Additional paid in capital | 37,020 | 12,710 | ||
| Accumulated other comprehensive loss | (198) | (111) | ||
| Accumulated deficit | (110,890) | (94,528) | ||
| Other undisclosed stockholders' equity attributable to parent | 1 | |||
| Total stockholders' equity: | (73,663) | (81,603) | ||
| TOTAL LIABILITIES AND EQUITY: | 1,887 | 464 | ||
Income Statement (P&L) ($ in thousands) Annual | Quarterly
| 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|
| Revenues | 3,026 | 321 | |
| Cost of revenue (Cost of Goods and Services Sold) | (1,944) | (75) | |
| Other undisclosed gross profit | (0) | ||
| Gross profit: | 1,082 | 245 | |
| Operating expenses | (14,121) | (10,027) | |
| Other operating expense, net | (3,322) | (74,766) | |
| Other undisclosed operating income | 3,322 | 74,766 | |
| Operating loss: | (13,040) | (9,781) | |
| Nonoperating income (expense) | (11,166) | 134 | |
| Debt instrument, convertible, beneficial conversion feature | (11,358) | 134 | |
| Interest and debt expense | (476) | (113) | |
| Net loss: | (24,682) | (9,760) | |
| Other undisclosed net income (loss) attributable to parent | 8,320 | (74,788) | |
| Net loss attributable to parent: | (16,362) | (84,548) | |
| Preferred stock dividends and other adjustments | 0 | (150) | |
| Net loss available to common stockholders, diluted: | (16,362) | (84,698) | |
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|
| Net loss: | (24,682) | (9,760) | |
| Comprehensive loss, net of tax, attributable to parent: | (24,682) | (9,760) | |
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.