Giggles N' Hugs Inc. (GIGL) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
3222 GLENDALE GALLERIA WAY GLENDALE, CA 91210 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 581 - Eating And Drinking Places (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 31 | 29 | 58 | 103 | 165 | 135 | |||
| Cash and cash equivalent | 31 | 29 | 58 | 103 | 165 | 135 | |||
| Inventory, net of allowances, customer advances and progress billings | 23 | 23 | 24 | 24 | 22 | 27 | |||
| Inventory | 23 | 23 | 24 | 24 | 22 | 27 | |||
| Other undisclosed current assets | 19 | 17 | 22 | 25 | 25 | 13 | |||
| Total current assets: | 74 | 69 | 104 | 152 | 212 | 174 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 822 | 866 | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 409 | 456 | 508 | 564 | 620 | 679 | |||
| Other noncurrent assets | 3 | 3 | 3 | 3 | 3 | 3 | |||
| Total noncurrent assets: | 1,234 | 1,324 | 510 | 566 | 623 | 681 | |||
| TOTAL ASSETS: | 1,307 | 1,393 | 614 | 718 | 834 | 856 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,372 | 1,236 | 1,245 | 1,108 | 1,144 | 993 | |||
| Employee-related liabilities | 511 | 477 | 467 | 414 | 426 | ||||
| Accounts payable | 677 | 622 | 621 | 569 | 578 | 739 | |||
| Accrued liabilities | 184 | 137 | 157 | 125 | 140 | 254 | |||
| Deferred revenue | 9 | 20 | ✕ | ✕ | ✕ | ✕ | |||
| Debt | 378 | 366 | 50 | 50 | 57 | 50 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 15 | ||
| Due to related parties | 421 | 421 | 421 | 421 | 422 | 422 | |||
| Customer advances and deposits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 141 | ||
| Contract with customer, liability | ✕ | ✕ | ✕ | 17 | |||||
| Other undisclosed current liabilities | 117 | 135 | 124 | 435 | |||||
| Total current liabilities: | 2,180 | 2,043 | 1,851 | 1,713 | 1,747 | 2,056 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 988 | 1,099 | |||||||
| Liabilities, other than long-term debt | 298 | 315 | 332 | 350 | 367 | 907 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 907 | ||
| Deferred gain on sale of property | 298 | 315 | 332 | 350 | 367 | ||||
| Operating lease, liability | 988 | 1,099 | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | 433 | 464 | 493 | ||||||
| Total noncurrent liabilities: | 1,286 | 1,414 | 766 | 813 | 860 | 907 | |||
| Total liabilities: | 3,465 | 3,458 | 2,617 | 2,527 | 2,608 | 2,963 | |||
| Equity | |||||||||
| Equity, attributable to parent | (2,158) | (2,065) | (2,002) | (1,809) | (1,773) | (2,107) | |||
| Common stock | 169 | 169 | 168 | 168 | 167 | 147 | |||
| Common stock, value, subscriptions | 294 | 294 | 294 | 294 | 294 | 294 | |||
| Additional paid in capital | 10,582 | 10,524 | 10,459 | 10,508 | 10,500 | 9,925 | |||
| Accumulated deficit | (13,203) | (13,051) | (12,923) | (12,779) | (12,734) | (12,473) | |||
| Total equity: | (2,158) | (2,065) | (2,002) | (1,809) | (1,773) | (2,107) | |||
| TOTAL LIABILITIES AND EQUITY: | 1,307 | 1,393 | 614 | 718 | 834 | 856 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 554 | 699 | 561 | 678 | 580 | 613 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 613 | |
| Cost of revenue | (12) | (10) | (25) | (11) | (12) | (14) | ||
| Financing interest expense | (12) | (10) | (25) | (11) | (12) | |||
| Financial services costs | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | (14) | |
| Gross profit: | 542 | 689 | 536 | 667 | 568 | 599 | ||
| Operating expenses | (692) | (817) | (680) | (711) | (829) | (840) | ||
| Other undisclosed operating income | 12 | 10 | 25 | 11 | 12 | 14 | ||
| Operating loss: | (138) | (117) | (120) | (34) | (249) | (226) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (12) | (25) | (11) | (12) | ||||
| Loss from continuing operations before income taxes: | (150) | (117) | (144) | (45) | (261) | (226) | ||
| Income tax benefit | 2 | |||||||
| Loss from continuing operations: | (147) | (117) | (144) | (45) | (261) | (226) | ||
| Loss before gain (loss) on sale of properties: | (147) | (117) | (144) | (45) | (261) | (226) | ||
| Net loss: | (147) | (117) | (144) | (45) | (261) | (226) | ||
| Other undisclosed net loss attributable to parent | (5) | (10) | (15) | |||||
| Net loss available to common stockholders, diluted: | (152) | (128) | (144) | (45) | (261) | (242) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (147) | (117) | (144) | (45) | (261) | (226) | ||
| Comprehensive loss, net of tax, attributable to parent: | (147) | (117) | (144) | (45) | (261) | (226) | ||
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.