Garb Oil & Power Corp. (GARB) financial statements (2021 and earlier)
Company profile
| Business Address |
1185 GOODEN XING LARGO, FL 33778 |
| State of Incorp. | UT |
| Fiscal Year End | December 31 |
| SIC | 3559 - Special Industry Machinery, Not Elsewhere Classified (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | 12/31/2011 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 0 | 0 | 0 | 0 | ✕ | ||
| Cash and cash equivalents | 0 | 0 | 0 | 0 | ✕ | ||
| Receivables | (249) | (249) | (248) | ✕ | |||
| Other undisclosed current assets | 249 | 249 | 248 | ✕ | |||
| Total current assets: | 0 | 0 | 0 | 0 | ✕ | ||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 1,142 | 1,258 | 4 | ✕ | |||
| Total noncurrent assets: | 1,142 | 1,258 | 4 | ✕ | |||
| TOTAL ASSETS: | 1,142 | 1,258 | 0 | 4 | ✕ | ||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities, including: | 2,284 | 1,190 | 832 | 820 | ✕ | ||
| Employee-related liabilities | 388 | 255 | 203 | 2,004 | ✕ | ||
| Taxes payable | 124 | ✕ | |||||
| Interest and dividends payable | 1,896 | 1,521 | 1,283 | 1,420 | ✕ | ||
| Other undisclosed accounts payable and accrued liabilities | (586) | (655) | (2,729) | ✕ | |||
| Debt | 1,961 | 2,747 | 1,397 | 1,893 | ✕ | ||
| Derivative instruments and hedges, liabilities | 58 | 2,250 | ✕ | ||||
| Due to related parties | 198 | 160 | 4 | 291 | ✕ | ||
| Other undisclosed current liabilities | 6,792 | 1,810 | 1,637 | 3,548 | ✕ | ||
| Total current liabilities: | 11,293 | 8,156 | 3,870 | 6,551 | ✕ | ||
| Noncurrent Liabilities | |||||||
| Other undisclosed noncurrent liabilities | 16 | ✕ | |||||
| Total noncurrent liabilities: | 16 | ✕ | |||||
| Total liabilities: | 11,293 | 8,156 | 3,870 | 6,568 | ✕ | ||
| Stockholders' equity | |||||||
| Stockholders' equity attributable to parent, including: | (36,780) | (6,898) | (3,870) | (6,529) | ✕ | ||
| Common stock | (13,724) | (13,724) | (15,714) | (18,824) | ✕ | ||
| Accumulated other comprehensive income | 143 | ✕ | |||||
| Retained earnings (accumulated deficit) | (23,056) | 19,400 | (15,741) | (14,423) | ✕ | ||
| Other undisclosed stockholders' equity attributable to parent | (12,575) | 27,585 | 26,574 | ✕ | |||
| Stockholders' equity attributable to noncontrolling interest | (34) | ✕ | |||||
| Total stockholders' equity: | (36,780) | (6,898) | (3,870) | (6,564) | ✕ | ||
| Other undisclosed liabilities and equity | 26,629 | ✕ | |||||
| TOTAL LIABILITIES AND EQUITY: | 1,142 | 1,258 | 0 | 4 | ✕ | ||
Income statement (P&L) ($ in thousands)
| 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | 12/31/2011 | ||
|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 345 | ✕ | ||||
| Cost of revenue | (190) | ✕ | ||||
| Other undisclosed gross profit | (45) | ✕ | ||||
| Gross profit: | 110 | ✕ | ||||
| Operating expenses | (538) | (802) | (2,386) | (3,055) | ✕ | |
| Other operating income (expense), net (Other Nonrecurring (Income) Expense) | (335) | 2,726 | ✕ | |||
| Operating loss: | (538) | (692) | (2,721) | (329) | ✕ | |
| Nonoperating expense | (3,119) | (2,967) | ✕ | |||
| Interest and debt expense | 1,096 | (807) | (339) | 2,723 | ✕ | |
| Income (loss) before gain (loss) on sale of properties: | (2,560) | (4,466) | (3,060) | 2,394 | ✕ | |
| Other undisclosed net loss | (1,096) | ✕ | ||||
| Net income (loss): | (3,656) | (4,466) | (3,060) | 2,394 | ✕ | |
| Other undisclosed net income (loss) attributable to parent | 807 | 1,009 | (8,175) | ✕ | ||
| Net loss available to common stockholders, diluted: | (3,656) | (3,659) | (2,051) | (5,781) | ✕ | |
Comprehensive Income ($ in thousands)
| 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | 12/31/2011 | ||
|---|---|---|---|---|---|---|
| Net income (loss): | (3,656) | (4,466) | (3,060) | 2,394 | ✕ | |
| Other comprehensive income | 3,656 | 3,659 | 2,051 | 5,781 | ✕ | |
| Comprehensive income (loss), net of tax, attributable to parent: | (807) | (1,009) | 8,175 | ✕ | ||
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.