GROW CAPITAL, INC. (GRWC) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
2485 VILLAGE VIEW DRIVE, SUITE 180 HENDERSON, NV 89074 |
| State of Incorp. | UT |
| Fiscal Year End | June 30 |
| Industry (SIC) | 7371 - Computer Programming Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2021 MRQ | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | 6/30/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 247 | 483 | 14 | 30 | 44 | 43 | |||
| Cash and cash equivalents | 247 | 483 | 14 | 30 | 44 | 43 | |||
| Receivables | 318 | 14 | 40 | (3) | |||||
| Prepaid expense | 69 | 1,432 | 6 | 17 | 21 | 5 | |||
| Deferred rent asset | 6 | ||||||||
| Asset, held-for-sale, not part of disposal group | 327 | ✕ | |||||||
| Intangible current assets | 0 | ||||||||
| Other current assets | 4 | ||||||||
| Other undisclosed current assets | 137 | 147 | 2 | 3 | 0 | 1 | |||
| Total current assets: | 775 | 2,082 | 389 | 47 | 65 | 49 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 843 | 68 | 1,742 | 2,092 | 1,523 | 1,257 | |||
| Regulated entity, other noncurrent assets | 1,380 | ||||||||
| Other undisclosed noncurrent assets | 296 | 283 | 9 | 29 | 110 | 9 | |||
| Total noncurrent assets: | 1,139 | 1,732 | 1,751 | 2,121 | 1,634 | 1,266 | |||
| TOTAL ASSETS: | 1,913 | 3,814 | 2,140 | 2,168 | 1,699 | 1,315 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 671 | 604 | 617 | 608 | 357 | 182 | |||
| Accounts payable | 499 | 333 | 5 | 19 | 3 | 70 | |||
| Accrued liabilities | 173 | 270 | 612 | 589 | 354 | 112 | |||
| Deferred revenue | 25 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Debt | 46 | 911 | 854 | 33 | 31 | ||||
| Deferred rent credit | 3 | ✕ | ✕ | ✕ | ✕ | ||||
| Disposal group, including discontinued operation | 472 | 251 | |||||||
| Due to related parties | 105 | 105 | 105 | 100 | |||||
| Other liabilities | 12 | ||||||||
| Other undisclosed current liabilities | 185 | 514 | 792 | ||||||
| Total current liabilities: | 1,044 | 1,183 | 1,884 | 2,076 | 1,182 | 213 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 294 | 606 | 971 | 1,203 | 967 | ||||
| Long-term debt, excluding current maturities | 606 | 971 | 1,203 | 967 | |||||
| Liabilities, other than long-term debt | 598 | 79 | 53 | 20 | 26 | ||||
| Customer advances or deposits | ✕ | ✕ | ✕ | 5 | 5 | ||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 15 | 21 | ||||
| Disposal group, including discontinued operation, liabilities | 598 | ||||||||
| Other liabilities | 79 | 53 | |||||||
| Operating lease, liability | 294 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | 584 | ||||||||
| Total noncurrent liabilities: | 877 | 598 | 685 | 1,023 | 1,223 | 993 | |||
| Total liabilities: | 1,921 | 1,781 | 2,569 | 3,099 | 2,406 | 1,207 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (8) | 2,032 | (429) | (931) | (707) | 109 | |||
| Common stock | 13 | 141 | 94 | 31 | 229 | 42 | |||
| Additional paid in capital | 50,067 | 49,633 | 44,813 | 41,892 | 12,001 | 11,507 | |||
| Accumulated deficit | (50,088) | (47,741) | (45,336) | (42,854) | (12,937) | (11,441) | |||
| Stockholders' equity note, subscriptions receivable | (150) | ✕ | ✕ | ||||||
| Other undisclosed equity, attributable to parent | 150 | ||||||||
| Other undisclosed equity | 0 | ||||||||
| Total equity: | (8) | 2,032 | (429) | (931) | (707) | 109 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,913 | 3,814 | 2,140 | 2,168 | 1,699 | 1,315 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2021 TTM | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | 6/30/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,369 | 331 | 143 | 119 | 55 | |||
| Revenue, net | ✕ | ✕ | ✕ | 119 | 55 | |||
| Revenue from related parties | 2,051 | ✕ | ✕ | ✕ | ✕ | |||
| Cost of revenue | (1,268) | (80) | (13) | |||||
| Gross profit: | 1,101 | 251 | 131 | 119 | 55 | |||
| Operating expenses | (3,971) | (2,234) | (1,833) | (996) | (1,041) | (257) | ||
| Other undisclosed operating income | 80 | 13 | ||||||
| Operating loss: | (2,870) | (2,234) | (1,502) | (853) | (923) | (202) | ||
| Nonoperating expense | (30) | (11) | (981) | (762) | ||||
| Investment income, nonoperating | 6 | |||||||
| Debt instrument, convertible, beneficial conversion feature | 440 | |||||||
| Interest and debt expense | (36) | (6) | (1,007) | (762) | (70) | (49) | ||
| Loss from continuing operations before equity method investments, income taxes: | (2,936) | (2,251) | (3,489) | (2,377) | (993) | (251) | ||
| Other undisclosed loss from continuing operations before income taxes | (504) | |||||||
| Loss from continuing operations: | (2,936) | (2,251) | (3,489) | (2,377) | (1,496) | (251) | ||
| Loss before gain (loss) on sale of properties: | ✕ | (2,383) | (2,411) | (3,489) | (2,377) | (1,496) | (251) | |
| Income (loss) from discontinued operations | 553 | (159) | ||||||
| Other undisclosed net income | 36 | 4,816 | 1,007 | 762 | ||||
| Net income (loss): | (2,347) | 2,405 | (2,483) | (1,615) | (1,496) | (251) | ||
| Other undisclosed net income (loss) attributable to parent | 4,694 | (4,810) | ||||||
| Net income (loss) available to common stockholders, diluted: | 2,347 | (2,405) | (2,483) | (1,615) | (1,496) | (251) | ||
Comprehensive Income ($ in thousands)
| 3/31/2021 TTM | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | 6/30/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (2,347) | 2,405 | (2,483) | (1,615) | (1,496) | (251) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (2,347) | 2,405 | (2,483) | (1,615) | (1,496) | (251) | ||
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.