Global Seed Corp (GLBD) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
3906-3907, VANKE ITC CENTER, CHANGAN DONGGUAN, 77077 |
| State of Incorp. | TX |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2721 - Periodicals: Publishing, or Publishing and Printing (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2019 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | 6/30/2015 | 6/30/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 0 | 0 | 2 | 2 | 17 | ||||
| Cash and cash equivalent | 0 | 0 | 2 | 2 | 17 | ||||
| Receivables | |||||||||
| Inventory, net of allowances, customer advances and progress billings | ✕ | ||||||||
| Inventory | |||||||||
| Prepaid expense | 10 | ||||||||
| Other current assets | |||||||||
| Other undisclosed current assets | |||||||||
| Total current assets: | 10 | 0 | 0 | 2 | 2 | 17 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | |||||||||
| Total noncurrent assets: | |||||||||
| TOTAL ASSETS: | 10 | 0 | 0 | 2 | 2 | 17 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 16 | ||||||||
| Accrued liabilities | 16 | ||||||||
| Other undisclosed accounts payable and accrued liabilities | |||||||||
| Other liabilities | |||||||||
| Due to related parties | 42 | 7 | |||||||
| Other undisclosed current liabilities | |||||||||
| Total current liabilities: | 58 | 7 | |||||||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | |||||||||
| Long-term debt, excluding current maturities | |||||||||
| Other undisclosed noncurrent liabilities | |||||||||
| Total noncurrent liabilities: | |||||||||
| Total liabilities: | 58 | 7 | |||||||
| Equity | |||||||||
| Equity, attributable to parent, including: | (48) | 0 | (16) | (5) | 2 | 17 | |||
| Preferred stock | |||||||||
| Common stock | 1 | 1 | 1 | 1 | 1 | ||||
| Additional paid in capital | 80 | 80 | 50 | 50 | 50 | ||||
| Accumulated other comprehensive income | |||||||||
| Accumulated deficit | (128) | (80) | (55) | (48) | (33) | ||||
| Other undisclosed equity, attributable to parent | (16) | ||||||||
| Equity, attributable to noncontrolling interest | |||||||||
| Total equity: | (48) | 0 | (16) | (5) | 2 | 17 | |||
| TOTAL LIABILITIES AND EQUITY: | 10 | 0 | (16) | 2 | 2 | 17 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2019 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | 6/30/2015 | 6/30/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 4 | |||||||
| Cost of revenue | ||||||||
| Gross profit: | 4 | |||||||
| Operating expenses | (48) | (11) | (10) | (15) | (28) | |||
| Other undisclosed operating income | 61 | |||||||
| Operating income (loss): | (48) | (11) | (6) | (15) | 33 | |||
| Nonoperating expense | (11) | (15) | (28) | |||||
| Loss from real estate operations | (11) | (15) | (28) | |||||
| Other nonoperating expense | ||||||||
| Interest and debt expense | (0) | (1) | ||||||
| Other undisclosed income from continuing operations before equity method investments, income taxes | ||||||||
| Income (loss) from continuing operations before income taxes: | (48) | (11) | (13) | (6) | (30) | 5 | ||
| Income tax expense | ||||||||
| Income (loss) from continuing operations: | (48) | (11) | (13) | (6) | (30) | 5 | ||
| Income (loss) before gain (loss) on sale of properties: | (48) | (11) | (13) | (6) | (30) | 5 | ||
| Other undisclosed net income (loss) | 79 | (33) | ||||||
| Net income (loss): | (48) | (11) | (13) | (6) | 48 | (28) | ||
| Net income attributable to noncontrolling interest | ||||||||
| Other undisclosed net loss attributable to parent | (2) | (64) | ||||||
| Net loss attributable to parent: | (48) | (13) | (13) | (6) | (15) | (28) | ||
| Other undisclosed net income available to common stockholders, basic | ||||||||
| Net loss available to common stockholders, diluted: | (48) | (13) | (13) | (6) | (15) | (28) | ||
Comprehensive Income ($ in thousands)
| 12/31/2019 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | 6/30/2015 | 6/30/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (48) | (11) | (13) | (6) | 48 | (28) | ||
| Comprehensive income (loss): | (48) | (11) | (13) | (6) | 48 | (28) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | ||||||||
| Other undisclosed comprehensive income, net of tax, attributable to parent | ||||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (48) | (11) | (13) | (6) | 48 | (28) | ||
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.