GigInternational1, Inc. (GIW) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1731 EMBARCADERO ROAD SUITE 200 PALO ALTO, CA 94303 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 677 - Blank Checks (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments, including: | 196,000 | 196,000 | 196,000 | 1,163 | 1,451 | |||
| Cash and cash equivalents | 163 | 377 | 875 | 1,163 | 1,451 | |||
| Other undisclosed cash, cash equivalents, and short-term investments | 195,837 | 195,623 | 195,125 | |||||
| Receivables | 2 | 2 | ||||||
| Prepaid expense | 545 | 753 | 838 | 870 | ||||
| Other undisclosed current assets | (195,837) | (195,623) | (194,321) | |||||
| Total current assets: | 710 | 1,130 | 1,681 | 2,001 | 2,321 | |||
| Noncurrent Assets | ||||||||
| Nontrade receivables | 144 | 12 | 2 | 2 | 1 | |||
| Asset, held-in-trust | 211,246 | 211,105 | 211,100 | 211,094 | 211,090 | |||
| Other noncurrent assets | 103 | 305 | 507 | |||||
| Total noncurrent assets: | 211,390 | 211,117 | 211,205 | 211,401 | 211,597 | |||
| TOTAL ASSETS: | 212,100 | 212,248 | 212,885 | 213,402 | 213,918 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 1,095 | 1,072 | 1,149 | 609 | 87 | |||
| Accounts payable | 185 | 81 | 33 | 14 | 10 | |||
| Accrued liabilities | 910 | 991 | 1,116 | 595 | 77 | |||
| Other liabilities | 85 | 8 | 3 | 2 | 0 | |||
| Due to related parties | 321 | 119 | 19 | 13 | 7 | |||
| Total current liabilities: | 1,501 | 1,199 | 1,171 | 624 | 94 | |||
| Noncurrent Liabilities | ||||||||
| Other undisclosed noncurrent liabilities | 7,524 | 7,668 | 7,773 | 7,898 | 7,828 | |||
| Total noncurrent liabilities: | 7,524 | 7,668 | 7,773 | 7,898 | 7,828 | |||
| Total liabilities: | 9,025 | 8,867 | 8,944 | 8,522 | 7,923 | |||
| Equity | ||||||||
| Equity, attributable to parent | (8,225) | (7,728) | (7,157) | (6,214) | 5,000 | |||
| Common stock | 1 | 1 | 1 | 1 | 1 | |||
| Additional paid in capital | 5,418 | |||||||
| Accumulated deficit | (8,226) | (7,729) | (7,158) | (6,215) | (418) | |||
| Other undisclosed equity | 211,301 | 211,109 | 211,098 | 211,094 | 200,995 | |||
| Total equity: | 203,075 | 203,381 | 203,941 | 204,880 | 205,995 | |||
| TOTAL LIABILITIES AND EQUITY: | 212,100 | 212,248 | 212,885 | 213,402 | 213,918 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | ||
|---|---|---|---|---|---|---|---|
| Revenues (Other Income) | 105 | ||||||
| Gross profit: | 105 | ||||||
| Operating expenses | (641) | (677) | (1,049) | (305) | |||
| Other undisclosed operating loss | (105) | ||||||
| Operating loss: | (641) | (677) | (1,049) | (305) | |||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 144 | ||||||
| Interest and debt expense | |||||||
| Loss from continuing operations before equity method investments, income taxes: | (497) | (677) | (1,049) | (305) | |||
| Other undisclosed income (loss) from continuing operations before income taxes | 273 | 121 | (64) | (77) | |||
| Loss from continuing operations before income taxes: | (225) | (555) | (1,113) | (382) | |||
| Income tax expense | (81) | (5) | (2) | (0) | |||
| Loss from continuing operations: | (306) | (560) | (1,115) | (383) | |||
| Loss before gain (loss) on sale of properties: | (306) | (560) | ✕ | (1,115) | (383) | ||
| Other undisclosed net loss | (36) | ||||||
| Net loss: | (306) | (560) | (1,115) | (418) | |||
| Other undisclosed net income attributable to parent | 36 | ||||||
| Net loss attributable to parent: | (306) | (560) | (1,115) | (383) | |||
| Other undisclosed net loss available to common stockholders, basic | (0) | ||||||
| Net loss available to common stockholders, diluted: | (306) | (560) | (1,115) | (383) | |||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | ||
|---|---|---|---|---|---|---|---|
| Net loss: | (306) | (560) | (1,115) | (418) | |||
| Comprehensive loss, net of tax, attributable to parent: | (306) | (560) | (1,115) | (418) | |||
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.