Greenkraft Inc (GKIT) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
2530 S. BIRCH STREET SANTA ANA, CA 92797 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3711 - Motor Vehicles and Passenger Car Bodies (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 | 259 | 519 | 24 | 25 | 135 | 21 | |||
| Cash and cash equivalents | 259 | 519 | 24 | 25 | 135 | 21 | |||
| Receivables | 4 | 4 | |||||||
| Inventory, net of allowances, customer advances and progress billings | 1,809 | 1,649 | 1,806 | 2,021 | 1,973 | 2,012 | |||
| Inventory | 1,809 | 1,649 | 1,806 | 2,021 | 1,973 | 2,012 | |||
| Deferred rent asset | 1 | ||||||||
| Other undisclosed current assets | 118 | 4 | 4 | 4 | 44 | ||||
| Total current assets: | 2,072 | 2,290 | 1,834 | 2,050 | 2,112 | 2,077 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 246 | 177 | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 158 | 152 | 154 | 54 | 57 | 60 | |||
| Other undisclosed noncurrent assets | |||||||||
| Total noncurrent assets: | 404 | 329 | 154 | 54 | 57 | 60 | |||
| TOTAL ASSETS: | 2,476 | 2,619 | 1,988 | 2,104 | 2,169 | 2,137 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 165 | 132 | 115 | ||||||
| Accounts payable | 51 | 17 | 3 | ||||||
| Accrued liabilities | 114 | 115 | 112 | ||||||
| Deferred revenue | 485 | 470 | ✕ | ✕ | ✕ | ✕ | |||
| Debt | 346 | 364 | 246 | 511 | 6 | 6 | |||
| Deferred rent credit | 1 | ||||||||
| Due to related parties | 100 | 100 | 250 | 220 | 190 | 160 | |||
| Other liabilities | 75 | 75 | 75 | ||||||
| Other undisclosed current liabilities | 310 | 280 | 476 | 663 | 1,151 | 1,070 | |||
| Total current liabilities: | 1,481 | 1,420 | 1,162 | 1,394 | 1,347 | 1,235 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 731 | 804 | 704 | 1,902 | |||||
| Long-term debt, excluding current maturities | 584 | 624 | 704 | 1,902 | |||||
| Liabilities, other than long-term debt | 8 | ||||||||
| Deferred rent credit | 8 | ||||||||
| Operating lease, liability | 147 | 180 | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | 2,718 | 2,718 | 2,718 | 3,650 | 3,650 | 1,748 | |||
| Total noncurrent liabilities: | 3,450 | 3,522 | 3,430 | 3,650 | 3,650 | 3,650 | |||
| Total liabilities: | 4,931 | 4,942 | 4,593 | 5,044 | 4,997 | 4,885 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (2,455) | (2,324) | (2,605) | (2,940) | (2,828) | (2,748) | |||
| Common stock | 103 | 105 | 105 | 105 | 105 | 103 | |||
| Additional paid in capital | 4,810 | 4,813 | 4,813 | 4,106 | 4,106 | 4,106 | |||
| Accumulated deficit | (7,367) | (7,241) | (7,523) | (7,150) | (7,039) | (6,959) | |||
| Other undisclosed equity, attributable to parent | 2 | ||||||||
| Total equity: | (2,455) | (2,324) | (2,605) | (2,940) | (2,828) | (2,748) | |||
| TOTAL LIABILITIES AND EQUITY: | 2,476 | 2,619 | 1,988 | 2,104 | 2,169 | 2,137 | |||
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 | 97 | 624 | 101 | 15 | 207 | 112 | ||
| Cost of revenue | (90) | (240) | (133) | (6) | (139) | (95) | ||
| Gross profit: | 7 | 384 | (32) | 9 | 69 | 16 | ||
| Operating expenses | (45) | (55) | 167 | (120) | (149) | (146) | ||
| Other undisclosed operating loss | (88) | (48) | (325) | |||||
| Operating income (loss): | (126) | 281 | (190) | (112) | (80) | (129) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (364) | |||||||
| Income (loss) from continuing operations: | (126) | 281 | (554) | (112) | (80) | (129) | ||
| Income (loss) before gain (loss) on sale of properties: | (126) | 281 | (554) | (112) | (80) | (129) | ||
| Net income (loss): | (126) | 281 | (554) | (112) | (80) | (129) | ||
| Other undisclosed net income attributable to parent | 182 | |||||||
| Net income (loss) available to common stockholders, diluted: | (126) | 281 | (372) | (112) | (80) | (129) | ||
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 income (loss): | (126) | 281 | (554) | (112) | (80) | (129) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (126) | 281 | (554) | (112) | (80) | (129) | ||
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.