Globe Photos, Inc. (GBPT) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
6445 SOUTH TENAYA WAY, B-130 LAS VEGAS, NV 90232 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 599 - Retail Stores, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2019 MRQ | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 304 | 1 | 54 | 33 | |||
| Cash and cash equivalent | 304 | 1 | 54 | 33 | |||
| Receivables | 559 | 45 | 92 | 112 | |||
| Inventory, net of allowances, customer advances and progress billings | (612) | 57 | 11 | 85 | |||
| Inventory | (612) | 57 | 11 | 85 | |||
| Other undisclosed current assets | 633 | 13 | 97 | 41 | |||
| Total current assets: | 885 | 115 | 254 | 271 | |||
| Noncurrent Assets | |||||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 5,534 | 2,493 | 2,844 | 3,059 | |||
| Long-term investments and receivables | 79 | 91 | |||||
| Due from related parties | 79 | 91 | |||||
| Intangible asset, including goodwill, after accumulated amortization | 294 | 326 | 413 | ||||
| Intangible asset, excluding goodwill, after accumulated amortization | 294 | 326 | 413 | ||||
| Other undisclosed noncurrent assets | 15,511 | 6 | 297 | 14 | |||
| Total noncurrent assets: | 21,338 | 2,826 | 3,220 | 3,577 | |||
| TOTAL ASSETS: | 22,223 | 2,941 | 3,473 | 3,847 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities, including: | 2,463 | 80 | 132 | 706 | |||
| Interest and dividends payable | 55 | ||||||
| Employee-related liabilities | 4 | ||||||
| Accounts payable | 2,463 | 602 | 245 | ||||
| Accrued liabilities | 80 | 80 | 461 | ||||
| Other undisclosed accounts payable and accrued liabilities | (608) | ||||||
| Debt | 2,712 | 466 | 481 | 270 | |||
| Deferred compensation liability | 104 | ||||||
| Business combination, contingent consideration, liability | 6,279 | 79 | |||||
| Due to related parties | 287 | 147 | 32 | 46 | |||
| Other undisclosed current liabilities | 943 | 1,701 | 839 | 290 | |||
| Total current liabilities: | 12,684 | 2,395 | 1,668 | 1,312 | |||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 120 | ||||||
| Long-term debt, excluding current maturities | 120 | ||||||
| Other undisclosed noncurrent liabilities | (3) | 65 | |||||
| Total noncurrent liabilities: | (3) | 185 | |||||
| Total liabilities: | 12,681 | 2,395 | 1,668 | 1,497 | |||
| Equity | |||||||
| Equity, attributable to parent | 6,130 | 546 | 1,805 | 2,351 | |||
| Common stock | 33 | 33 | 33 | 33 | |||
| Treasury stock, value | (88) | ||||||
| Additional paid in capital | 10,114 | 4,124 | 4,098 | 4,052 | |||
| Accumulated deficit | (4,017) | (3,523) | (2,325) | (1,733) | |||
| Equity, attributable to noncontrolling interest | 3,409 | ||||||
| Total equity: | 9,539 | 546 | 1,805 | 2,351 | |||
| Other undisclosed liabilities and equity | 3 | ||||||
| TOTAL LIABILITIES AND EQUITY: | 22,223 | 2,941 | 3,473 | 3,847 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|
| Revenues | 3,183 | 939 | 1,260 | 858 | ||
| Cost of revenue | (2,606) | (780) | (881) | (376) | ||
| Gross profit: | 577 | 159 | 379 | 481 | ||
| Operating expenses | (5,488) | (941) | (913) | (1,838) | ||
| Operating loss: | (4,910) | (782) | (533) | (1,356) | ||
| Nonoperating income (expense) | 5,076 | (66) | (3) | (6) | ||
| Investment income, nonoperating | 7,297 | 55 | ||||
| Other nonoperating expense | (66) | (58) | (6) | |||
| Interest and debt expense | (208) | (115) | (110) | (7) | ||
| Loss from continuing operations before equity method investments, income taxes: | (43) | (963) | (647) | (1,369) | ||
| Other undisclosed income from continuing operations before income taxes | 7 | |||||
| Loss from continuing operations before income taxes: | (43) | (963) | (647) | (1,362) | ||
| Income tax expense | (310) | |||||
| Loss from continuing operations: | (43) | (963) | (957) | (1,362) | ||
| Loss before gain (loss) on sale of properties: | (43) | (963) | (957) | (1,362) | ||
| Other undisclosed net income | 208 | |||||
| Net income (loss): | 165 | (963) | (957) | (1,362) | ||
| Net loss attributable to noncontrolling interest | (659) | |||||
| Other undisclosed net income attributable to parent | 115 | 365 | ||||
| Net loss available to common stockholders, diluted: | (494) | (848) | (592) | (1,362) | ||
Comprehensive Income ($ in thousands)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|
| Net income (loss): | 165 | (963) | (957) | (1,362) | ||
| Comprehensive income (loss): | 165 | (963) | (957) | (1,362) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (659) | |||||
| Comprehensive loss, net of tax, attributable to parent: | (494) | (963) | (957) | (1,362) | ||
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.