Groove Botanicals, Inc. (GRVE) Financial Statements (2024 and earlier)
Company Profile
Business Address |
310 FOURTH AVENUE SOUTH MINNEAPOLIS, MN 55415 |
State of Incorp. | CO |
Fiscal Year End | March 31 |
Industry (SIC) | 1311 - Crude Petroleum and Natural Gas (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
12/31/2017 Q3 | 9/30/2017 Q2 | 6/30/2017 Q1 | 3/31/2017 Q4 | 12/31/2016 Q3 | 9/30/2016 Q2 | 6/30/2016 Q1 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 100 | 102 | 105 | 127 | 107 | 107 | |||
Cash and cash equivalents | 100 | 102 | 105 | 127 | 107 | 107 | |||
Total current assets: | 100 | 102 | 105 | 127 | 107 | 107 | |||
Noncurrent Assets | |||||||||
Property, plant and equipment | 7 | 8 | 9 | 10 | 11 | 12 | |||
Oil and gas property, full cost method | 15 | 16 | 35 | 58 | 64 | 69 | |||
Other undisclosed noncurrent assets | 177 | 177 | 177 | 177 | 177 | 177 | |||
Total noncurrent assets: | 199 | 201 | 221 | 245 | 252 | 258 | |||
TOTAL ASSETS: | 298 | 303 | 325 | 372 | 359 | 366 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities, including: | 229 | 213 | 208 | 201 | 219 | 210 | |||
Interest and dividends payable | 459 | 408 | 358 | 373 | 317 | 261 | |||
Employee-related liabilities | 220 | 220 | 221 | ||||||
Accounts payable | 154 | 134 | 133 | 128 | 149 | 143 | |||
Accrued liabilities | 75 | 79 | 76 | 73 | 70 | 67 | |||
Other undisclosed accounts payable and accrued liabilities | (459) | (408) | (577) | (593) | (537) | (261) | |||
Debt | 149 | 149 | 149 | 149 | 149 | 149 | |||
Due to related parties | 248 | 239 | 240 | 240 | 241 | 231 | |||
Other undisclosed current liabilities | 566 | 506 | 445 | 385 | 328 | 272 | |||
Total current liabilities: | 1,192 | 1,107 | 1,042 | 974 | 937 | 862 | |||
Noncurrent Liabilities | |||||||||
Liabilities, other than long-term debt | 158 | 154 | 150 | 146 | 143 | 140 | |||
Asset retirement obligations | 158 | 154 | 150 | 146 | 143 | 140 | |||
Total noncurrent liabilities: | 158 | 154 | 150 | 146 | 143 | 140 | |||
Total liabilities: | 1,350 | 1,261 | 1,192 | 1,120 | 1,080 | 1,002 | |||
Equity | |||||||||
Equity, attributable to parent, including: | (1,241) | (1,150) | (1,000) | (921) | (772) | (687) | |||
Preferred stock | 0 | 0 | 0 | 0 | 0 | 0 | |||
Common stock | 18 | 18 | 18 | 18 | 18 | 18 | |||
Additional paid in capital | 32,993 | 32,993 | 32,993 | 32,993 | 32,993 | 32,993 | |||
Accumulated deficit | (34,253) | (34,162) | (34,012) | (33,933) | (33,784) | (33,699) | |||
Other undisclosed equity, attributable to parent | 0 | 0 | 0 | 0 | 0 | 0 | |||
Equity, attributable to noncontrolling interest | 190 | 191 | 133 | 173 | 51 | 51 | |||
Total equity: | (1,052) | (958) | (867) | (748) | (721) | (636) | |||
TOTAL LIABILITIES AND EQUITY: | 298 | 303 | 325 | 372 | 359 | 366 |
Income Statement (P&L) ($ in thousands)Annual | Quarterly
12/31/2017 Q3 | 9/30/2017 Q2 | 6/30/2017 Q1 | 3/31/2017 Q4 | 12/31/2016 Q3 | 9/30/2016 Q2 | 6/30/2016 Q1 | ||
---|---|---|---|---|---|---|---|---|
Revenues | (49) | |||||||
Other undisclosed gross profit | 62 | |||||||
Gross profit: | 13 | |||||||
Operating expenses | (40) | (36) | 123 | (141) | (34) | (47) | ||
Other undisclosed operating income (loss) | 14 | 18 | (5) | 23 | 11 | 21 | ||
Operating income (loss): | (30) | (24) | 132 | (121) | (25) | (29) | ||
Other undisclosed loss from continuing operations before equity method investments, income taxes | (258) | |||||||
Loss from continuing operations before equity method investments, income taxes: | (30) | (24) | (127) | (121) | (25) | (29) | ||
Other undisclosed loss from continuing operations before income taxes | (3) | (6) | (6) | (3) | (3) | (3) | ||
Loss from continuing operations: | (33) | (31) | (133) | (124) | (28) | (32) | ||
Loss before gain (loss) on sale of properties: | (61) | (45) | (133) | (217) | (57) | (64) | ||
Loss from discontinued operations | (28) | (14) | (93) | (28) | (32) | |||
Net loss: | (61) | (45) | (133) | (217) | (57) | (64) | ||
Net income attributable to noncontrolling interest | 0 | 0 | 32 | 0 | 0 | |||
Other undisclosed net income (loss) attributable to parent | 28 | 14 | 61 | (4) | 32 | |||
Net loss attributable to parent: | (33) | (31) | (133) | (124) | (61) | (32) | ||
Preferred stock dividends and other adjustments | (61) | (61) | (77) | (57) | (56) | (56) | ||
Other undisclosed net income available to common stockholders, basic | 0 | 0 | 8 | 32 | 32 | 0 | ||
Net loss available to common stockholders, diluted: | (93) | (91) | (201) | (149) | (84) | (88) |
Comprehensive Income ($ in thousands)Annual | Quarterly
12/31/2017 Q3 | 9/30/2017 Q2 | 6/30/2017 Q1 | 3/31/2017 Q4 | 12/31/2016 Q3 | 9/30/2016 Q2 | 6/30/2016 Q1 | ||
---|---|---|---|---|---|---|---|---|
Net loss: | (61) | (45) | (133) | (217) | (57) | (64) | ||
Comprehensive loss: | (61) | (45) | (133) | (217) | (57) | (64) | ||
Comprehensive income, net of tax, attributable to noncontrolling interest | 0 | 0 | 32 | 0 | 0 | |||
Other undisclosed comprehensive loss, net of tax, attributable to parent | (31,264) | |||||||
Comprehensive loss, net of tax, attributable to parent: | (61) | (45) | (31,397) | (185) | (57) | (64) |
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.