GlyEco, Inc. (GLYE) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
230 GILL WAY ROCK HILL, SC 29730 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 289 - Miscellaneous Chemical Products (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 238 | 231 | 143 | 404 | 111 | 182 | |||
| Cash and cash equivalent | 238 | 231 | 143 | 404 | 111 | 182 | |||
| Restricted cash and investments | 7 | 22 | |||||||
| Receivables | 215 | 1,043 | 1,533 | 1,147 | 1,546 | 1,561 | |||
| Inventory, net of allowances, customer advances and progress billings | 239 | 547 | 548 | 633 | 564 | 905 | |||
| Inventory | 239 | 547 | 548 | 633 | 564 | 905 | |||
| Prepaid expense | 137 | 199 | 355 | 473 | 361 | 288 | |||
| Disposal group, including discontinued operation | 1,760 | ||||||||
| Total current assets: | 2,589 | 2,019 | 2,578 | 2,657 | 2,589 | 2,959 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 2,563 | 3,951 | 3,878 | 3,990 | 3,898 | 4,072 | |||
| Other noncurrent assets | 4,707 | 6,125 | 6,281 | 6,403 | 6,526 | 6,658 | |||
| Total noncurrent assets: | 7,270 | 10,076 | 10,159 | 10,393 | 10,424 | 10,730 | |||
| TOTAL ASSETS: | 9,859 | 12,096 | 12,737 | 13,050 | 13,013 | 13,689 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 2,846 | 3,440 | 2,835 | 3,011 | 2,921 | 2,464 | |||
| Other undisclosed accounts payable and accrued liabilities | 2,846 | 3,440 | 2,835 | 3,011 | 2,921 | 2,464 | |||
| Debt | 2,574 | 2,543 | 2,510 | 746 | 675 | 474 | |||
| Disposal group, including discontinued operation | 586 | ||||||||
| Business combination, contingent consideration, liability | 816 | 1,503 | 1,503 | 1,503 | 1,510 | 1,767 | |||
| Other undisclosed current liabilities | 274 | ||||||||
| Total current liabilities: | 7,096 | 7,486 | 6,849 | 5,260 | 5,106 | 4,706 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 3,534 | 3,803 | 3,871 | 4,854 | 4,040 | 4,164 | |||
| Long-term debt, excluding current maturities | 2,784 | 2,924 | 2,899 | 3,759 | 2,954 | 2,979 | |||
| Capital lease obligations | ✕ | 750 | 879 | 973 | 1,095 | 1,086 | 1,185 | ||
| Finance lease, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Liabilities, other than long-term debt | |||||||||
| Disposal group, including discontinued operation, liabilities | |||||||||
| Operating lease, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Total noncurrent liabilities: | 3,534 | 3,803 | 3,871 | 4,854 | 4,040 | 4,164 | |||
| Total liabilities: | 10,630 | 11,289 | 10,720 | 10,114 | 9,146 | 8,870 | |||
| Equity | |||||||||
| Equity, attributable to parent | (771) | 806 | 2,017 | 2,936 | 3,868 | 4,819 | |||
| Common stock | 0 | 0 | 0 | 17 | 17 | 16 | |||
| Additional paid in capital | 46,540 | 46,512 | 46,384 | 46,134 | 45,848 | 45,685 | |||
| Accumulated deficit | (47,311) | (45,706) | (44,368) | (43,214) | (41,997) | (40,883) | |||
| Total equity: | (771) | 806 | 2,017 | 2,936 | 3,868 | 4,819 | |||
| TOTAL LIABILITIES AND EQUITY: | 9,859 | 12,096 | 12,737 | 13,050 | 13,013 | 13,689 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Other undisclosed loss before gain (loss) on sale of properties | (1,862) | |||||||
| Revenues | (2,907) | 2,896 | 3,467 | 3,001 | 3,580 | 3,285 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 3,580 | 3,285 | |
| Cost of revenue | 3,082 | (2,733) | (3,073) | (2,449) | (2,976) | (2,877) | ||
| Cost of product and service sold | (2,733) | (3,073) | (2,449) | (2,976) | (2,877) | |||
| Gross profit: | 176 | 163 | 394 | 552 | 603 | 408 | ||
| Operating expenses | 290 | (1,268) | (1,326) | (1,643) | (1,594) | (2,163) | ||
| Operating income (loss): | 466 | (1,104) | (931) | (1,091) | (991) | (1,755) | ||
| Nonoperating expense | (206) | (241) | (222) | (109) | (111) | (301) | ||
| Interest and debt expense | (206) | (241) | (222) | (109) | (293) | (147) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 206 | 241 | 222 | 109 | 293 | 147 | ||
| Income (loss) from continuing operations before income taxes: | 260 | (1,345) | (1,154) | (1,200) | (1,102) | (2,056) | ||
| Income tax expense (benefit) | (3) | 8 | (17) | (12) | (1) | |||
| Income (loss) from continuing operations: | 257 | (1,338) | (1,154) | (1,218) | (1,114) | (2,057) | ||
| Loss before gain (loss) on sale of properties: | (1,605) | (1,338) | (1,154) | (1,218) | (1,114) | (2,057) | ||
| Loss from discontinued operations | ||||||||
| Net loss available to common stockholders, diluted: | (1,605) | (1,338) | (1,154) | (1,218) | (1,114) | (2,057) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (1,605) | (1,338) | (1,154) | (1,218) | (1,114) | (2,057) | ||
| Comprehensive loss, net of tax, attributable to parent: | (1,605) | (1,338) | (1,154) | (1,218) | (1,114) | (2,057) | ||
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.