Global Digital Solutions, Inc. (GDSI) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
777 SOUTH FLAGLER DRIVE WEST PALM BEACH, FL 33401 |
| State of Incorp. | NJ |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2844 - Perfumes, Cosmetics, and Other Toilet Preparations (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1 | 99 | 0 | 493 | 8 | 93 | |||
| Cash and cash equivalent | 1 | 99 | 0 | 493 | 8 | 93 | |||
| Prepaid expense | 6 | 20 | |||||||
| Total current assets: | 1 | 99 | 0 | 499 | 8 | 113 | |||
| Noncurrent Assets | |||||||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | (18) | 33 | 46 | 26 | |||||
| Prepaid expense | 23 | 520 | |||||||
| Other undisclosed noncurrent assets | 18 | 145 | 135 | 9 | |||||
| Total noncurrent assets: | 201 | 701 | 26 | 9 | |||||
| TOTAL ASSETS: | 1 | 300 | 701 | 526 | 8 | 122 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 2,392 | 1,894 | 2,084 | 1,508 | 1,738 | 1,245 | |||
| Interest and dividends payable | ✕ | ✕ | 255 | 149 | 60 | ||||
| Employee-related liabilities | ✕ | ✕ | 50 | 253 | |||||
| Accounts payable | 363 | 362 | 487 | 540 | 672 | 657 | |||
| Accrued liabilities | 2,029 | 1,482 | 1,344 | 714 | 918 | 529 | |||
| Debt | 4,607 | 4,627 | 4,512 | 3,683 | 2,000 | 1,288 | |||
| Derivative instruments and hedges, liabilities | 3,421 | 809 | 9,367 | 1,158 | 562 | 383 | |||
| Due to related parties | 77 | ||||||||
| Other undisclosed current liabilities | 5,656 | 3,928 | 1,441 | 334 | 3 | 132 | |||
| Total current liabilities: | 16,076 | 11,258 | 17,404 | 6,683 | 4,304 | 3,126 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 103 | ||||||||
| Long-term debt, excluding current maturities | 103 | ||||||||
| Other undisclosed noncurrent liabilities | 103 | ||||||||
| Total noncurrent liabilities: | 103 | 103 | |||||||
| Total liabilities: | 16,076 | 11,361 | 17,507 | 6,683 | 4,304 | 3,126 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (16,075) | (11,061) | (16,805) | (6,158) | (4,295) | (3,013) | |||
| Preferred stock | 1 | 1 | 1 | 1 | 1 | 1 | |||
| Common stock | 801 | 737 | 668 | 643 | 580 | 531 | |||
| Additional paid in capital | 38,234 | 37,370 | 34,086 | 32,153 | 30,785 | 30,283 | |||
| Accumulated deficit | (55,111) | (49,350) | (51,561) | (38,954) | (35,662) | (33,827) | |||
| Other undisclosed equity, attributable to parent | 180 | (0) | |||||||
| Total equity: | (16,075) | (11,061) | (16,805) | (6,158) | (4,295) | (3,013) | |||
| Other undisclosed liabilities and equity | 0 | ||||||||
| TOTAL LIABILITIES AND EQUITY: | 1 | 300 | 701 | 526 | 8 | 113 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues (Net Investment Income) | 42 | |||||||
| Gross profit: | 42 | |||||||
| Operating expenses | (427) | (2,240) | (1,085) | (1,364) | (1,278) | (1,364) | ||
| Other undisclosed operating loss | (42) | |||||||
| Operating loss: | (427) | (2,240) | (1,085) | (1,364) | (1,278) | (1,364) | ||
| Nonoperating income (expense) | (5,334) | 4,452 | (11,521) | 1,929 | 557 | (247) | ||
| Investment income, nonoperating | (2,091) | (7,348) | 7,132 | (461) | 46 | (290) | ||
| Interest and debt expense | (2,009) | (3,226) | 1,583 | 416 | ||||
| Other undisclosed income from continuing operations before equity method investments, income taxes | ||||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (5,761) | 203 | (15,832) | 2,148 | (305) | (1,611) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 495 | |||||||
| Income (loss) from continuing operations: | (5,761) | 203 | (15,832) | 2,148 | (305) | (1,116) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | 203 | (15,832) | 2,148 | (305) | (1,116) | ||
| Other undisclosed net income | ||||||||
| Net income (loss): | (5,761) | 203 | (15,832) | 2,148 | (305) | (1,116) | ||
| Other undisclosed net income (loss) attributable to parent | 2,009 | 3,226 | (5,440) | (1,530) | ||||
| Net income (loss) attributable to parent: | (5,761) | 2,211 | (12,607) | (3,293) | (1,834) | (1,116) | ||
| Other undisclosed net loss available to common stockholders, basic | ||||||||
| Net income (loss) available to common stockholders, diluted: | (5,761) | 2,211 | (12,607) | (3,293) | (1,834) | (1,116) | ||
Comprehensive Income ($ in thousands)
| 6/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (5,761) | 203 | (15,832) | 2,148 | (305) | (1,116) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (5,761) | 203 | (15,832) | 2,148 | (305) | (1,116) | ||
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.