GenFlat Holdings, Inc. (GFLT) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
1983 N BERRA BLVD TOOELE, UT 84074 |
| State of Incorp. | DE |
| Fiscal Year End | June 30 |
| Industry (SIC) | 8742 - Management Consulting Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2025 MRQ | 6/30/2025 | 12/31/2024 MRQ | 6/30/2024 | 2/28/2023 | 2/28/2022 | 2/28/2021 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 341 | 14 | 26 | 35 | |||||
| Cash and cash equivalent | 341 | 14 | 26 | 35 | |||||
| Receivables | 7 | ||||||||
| Inventory, net of allowances, customer advances and progress billings | 544 | 1,688 | 1,661 | ||||||
| Inventory | 544 | 1,688 | 1,661 | ||||||
| Prepaid expense | 21 | 20 | |||||||
| Deferred costs | (105) | ||||||||
| Other undisclosed current assets | (494) | (1,688) | (1,511) | 100 | 140 | ||||
| Total current assets: | 70 | 361 | 44 | 121 | 166 | 35 | |||
| Noncurrent Assets | |||||||||
| Inventory, Noncurrent | 544 | 1,688 | |||||||
| Operating lease, right-of-use asset | 23 | 1 | 8 | ||||||
| Property, plant and equipment | 0 | 1 | 1 | ||||||
| Long-term investments and receivables | 7 | ||||||||
| Due from related parties | ✕ | ✕ | ✕ | ✕ | 7 | ||||
| Intangible assets, net (including goodwill) | 49 | 65 | 162 | ||||||
| Intangible assets, net (excluding goodwill) | 49 | 65 | 162 | ||||||
| Other undisclosed noncurrent assets | 1,580 | (7) | |||||||
| Total noncurrent assets: | 616 | 1,755 | 1,751 | ||||||
| TOTAL ASSETS: | 686 | 2,116 | 1,795 | 121 | 166 | 35 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 113 | 119 | 105 | 95 | 112 | 72 | |||
| Accounts payable | 108 | 91 | 77 | 36 | |||||
| Accrued liabilities | 10 | 3 | 35 | 35 | |||||
| Other undisclosed accounts payable and accrued liabilities | 113 | 119 | (13) | ||||||
| Debt | 58 | 51 | 105 | 78 | |||||
| Due to related parties | ✕ | ✕ | ✕ | ✕ | 50 | ||||
| Other undisclosed current liabilities | 23 | 1 | 17 | 7 | 175 | ||||
| Total current liabilities: | 194 | 171 | 227 | 180 | 337 | 72 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 200 | 100 | |||||||
| Long-term debt, excluding current maturities | 200 | 100 | |||||||
| Liabilities, other than long-term debt | 8 | ||||||||
| Lease deposit liability | 8 | ||||||||
| Other undisclosed noncurrent liabilities | 42 | ||||||||
| Total noncurrent liabilities: | 200 | 100 | 51 | ||||||
| Total liabilities: | 394 | 271 | 277 | 180 | 337 | 72 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 295 | 1,813 | 1,476 | (59) | (171) | (37) | |||
| Common stock | 11 | 11 | 11 | 21 | 21 | 20 | |||
| Additional paid in capital | 7,841 | 6,723 | 4,616 | 3,386 | 3,107 | 1,591 | |||
| Accumulated deficit | (7,818) | (5,755) | (3,150) | (3,466) | (3,300) | (1,647) | |||
| Other undisclosed equity, attributable to parent | 262 | 834 | |||||||
| Equity, attributable to noncontrolling interest | (3) | 32 | 42 | ||||||
| Total equity: | 292 | 1,845 | 1,518 | (59) | (171) | (37) | |||
| TOTAL LIABILITIES AND EQUITY: | 686 | 2,116 | 1,795 | 121 | 166 | 35 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2025 TTM | 6/30/2025 | 12/31/2024 TTM | 6/30/2024 | 2/28/2023 | 2/28/2022 | 2/28/2021 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 8 | 12 | 5 | 2 | 29 | 4 | ||
| Net investment income | 5 | |||||||
| Other income | 0 | 0 | 2 | |||||
| Cost of revenue | (177) | (177) | (169) | (29) | ||||
| Deferred sales inducement cost, amortization expense | (8) | (33) | ||||||
| Other undisclosed gross profit | ||||||||
| Gross profit: | (169) | (166) | (163) | 2 | 4 | |||
| Operating expenses | (4,540) | (2,875) | (1,069) | (172) | (1,662) | (1,630) | ||
| Other undisclosed operating income (loss) | (96) | 29 | ||||||
| Operating loss: | (4,709) | (3,136) | (1,233) | (170) | (1,633) | (1,626) | ||
| Nonoperating income (expense) | (5) | (4) | 0 | 4 | ||||
| Other nonoperating income (expense) | (2) | 0 | 4 | |||||
| Interest and debt expense | (5) | (2) | (2) | (11) | (19) | (2) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 1 | |||||||
| Loss from continuing operations before income taxes: | (4,718) | (3,142) | (1,235) | (178) | (1,652) | (1,628) | ||
| Income tax expense | (255) | |||||||
| Other undisclosed loss from continuing operations | (255) | |||||||
| Loss from continuing operations: | (4,718) | (3,397) | (1,490) | (178) | (1,652) | (1,628) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | ✕ | (1,652) | (1,628) | |
| Other undisclosed net income (loss) | 5 | 1,979 | 257 | |||||
| Net loss: | (4,714) | (1,418) | (1,233) | (178) | (1,652) | (1,628) | ||
| Net income (loss) attributable to noncontrolling interest | 46 | (5) | ||||||
| Other undisclosed net income (loss) attributable to parent | (1,712) | 11 | 3,304 | |||||
| Net income (loss) available to common stockholders, diluted: | (4,668) | (3,135) | (1,233) | (167) | 1,652 | (1,628) | ||
Comprehensive Income ($ in thousands)
| 9/30/2025 TTM | 6/30/2025 | 12/31/2024 TTM | 6/30/2024 | 2/28/2023 | 2/28/2022 | 2/28/2021 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (4,714) | (1,418) | (1,233) | (178) | (1,652) | (1,628) | ||
| Comprehensive loss: | (4,714) | (1,418) | (1,233) | (178) | (1,652) | (1,628) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 46 | (5) | ||||||
| Comprehensive loss, net of tax, attributable to parent: | (4,668) | (1,423) | (1,233) | (178) | (1,652) | (1,628) | ||
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.