Gilla Inc (GLLA) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
475 FENTRESS BLVD. DAYTONA BEACH, FL 32114 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 21 - Tobacco Products (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 42 | 4 | 62 | 76 | 314 | ||
| Cash and cash equivalents | 42 | 4 | 62 | 76 | 314 | ||
| Receivables | 174 | 211 | 232 | 281 | 168 | ||
| Inventory, net of allowances, customer advances and progress billings | 601 | 527 | 451 | 404 | 556 | ||
| Inventory | 601 | 527 | 451 | 404 | 556 | ||
| Other current assets | 258 | 353 | 176 | 365 | 454 | ||
| Total current assets: | 1,075 | 1,095 | 922 | 1,125 | 1,492 | ||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 234 | 250 | 286 | 337 | 87 | ||
| Intangible assets, net (including goodwill) | 2,990 | 3,029 | 3,068 | 3,233 | 1,027 | ||
| Goodwill | 2,377 | 2,377 | 2,377 | 3,106 | 889 | ||
| Intangible assets, net (excluding goodwill) | 613 | 652 | 692 | 127 | 138 | ||
| Other undisclosed noncurrent assets | 4 | 5 | 5 | 6 | 6 | ||
| Total noncurrent assets: | 3,228 | 3,283 | 3,359 | 3,575 | 1,120 | ||
| TOTAL ASSETS: | 4,303 | 4,379 | 4,281 | 4,700 | 2,612 | ||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 3,705 | 3,354 | 2,607 | 2,379 | 1,961 | ||
| Accounts payable | 3,012 | 2,633 | 2,188 | 1,956 | 1,593 | ||
| Accrued liabilities | 693 | 721 | 419 | 423 | 369 | ||
| Debt | 1,869 | 1,761 | 1,550 | 1,305 | 1,931 | ||
| Due to related parties | 2,564 | 405 | 253 | 2,166 | 931 | ||
| Other undisclosed current liabilities | 2,865 | 1,326 | 1,171 | 2,409 | 1,147 | ||
| Total current liabilities: | 11,004 | 6,845 | 5,581 | 8,260 | 5,971 | ||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 191 | 95 | 346 | 368 | 30 | ||
| Long-term debt, excluding current maturities | 191 | 95 | 346 | 368 | 30 | ||
| Liabilities, other than long-term debt | 2,759 | 2,751 | 1,061 | ||||
| Accounts payable and accrued liabilities | 512 | 469 | |||||
| Due to related parties | 2,247 | 2,282 | 1,061 | ||||
| Other undisclosed noncurrent liabilities | 1,376 | 2,042 | 2,159 | 1,547 | 617 | ||
| Total noncurrent liabilities: | 1,567 | 4,896 | 5,256 | 1,915 | 1,708 | ||
| Total liabilities: | 12,570 | 11,741 | 10,836 | 10,175 | 7,678 | ||
| Stockholders' equity | |||||||
| Stockholders' equity attributable to parent, including: | (8,268) | (7,363) | (6,555) | (5,475) | (5,066) | ||
| Common stock | 29 | 29 | 27 | 27 | 26 | ||
| Additional paid in capital | 13,753 | 13,668 | 12,759 | 12,222 | 11,429 | ||
| Accumulated other comprehensive income | 471 | 278 | 73 | 16 | 178 | ||
| Accumulated deficit | (22,543) | (21,360) | (19,899) | (17,763) | (16,782) | ||
| Other undisclosed stockholders' equity attributable to parent | 23 | 23 | 485 | 23 | 83 | ||
| Total stockholders' equity: | (8,268) | (7,363) | (6,555) | (5,475) | (5,066) | ||
| TOTAL LIABILITIES AND EQUITY: | 4,303 | 4,379 | 4,281 | 4,700 | 2,612 | ||
Income Statement (P&L) ($ in thousands) Annual | Quarterly
| 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | ||
|---|---|---|---|---|---|---|
| Revenues | 841 | 1,266 | 1,015 | 1,076 | 1,266 | |
| Revenue, net | ✕ | 1,266 | 1,015 | |||
| Cost of revenue (Cost of Goods and Services Sold) | (309) | (529) | (148) | (452) | (494) | |
| Gross profit: | 532 | 737 | 867 | 624 | 772 | |
| Operating expenses | (1,381) | (1,748) | (1,979) | (1,417) | (2,530) | |
| Operating loss: | (849) | (1,011) | (1,112) | (793) | (1,758) | |
| Nonoperating expense | (334) | (451) | (1,132) | (187) | (875) | |
| Foreign currency transaction loss, before tax | (27) | (81) | (47) | (154) | (65) | |
| Interest and debt expense | (307) | (310) | (301) | (247) | (220) | |
| Loss from continuing operations before income taxes: | (1,491) | (1,771) | (2,545) | (1,228) | (2,853) | |
| Other undisclosed income from continuing operations | 108 | |||||
| Net loss: | (1,491) | (1,771) | (2,437) | (1,228) | (2,853) | |
| Other undisclosed net income attributable to parent | 307 | 310 | 301 | 247 | 220 | |
| Net loss available to common stockholders, diluted: | (1,183) | (1,461) | (2,136) | (981) | (2,633) | |
Comprehensive Income ($ in thousands)Annual | Quarterly
| 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | ||
|---|---|---|---|---|---|---|
| Net loss: | (1,491) | (1,771) | (2,437) | (1,228) | (2,853) | |
| Comprehensive loss: | (1,491) | (1,771) | (2,437) | (1,228) | (2,853) | |
| Other undisclosed comprehensive income, net of tax, attributable to parent | 501 | 515 | 358 | 85 | 120 | |
| Comprehensive loss, net of tax, attributable to parent: | (990) | (1,256) | (2,079) | (1,143) | (2,733) | |
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.