GEX Management, Inc. (GXXM) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
12001 N CENTRAL EXPRESSWAY DALLAS, TX 75243 |
| State of Incorp. | TX |
| Fiscal Year End | December 31 |
| Industry (SIC) | 8742 - Management Consulting Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 12/31/2023 Q4 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 24 | 83 | 97 | 139 | 138 | ||||
| Cash and cash equivalent | 24 | 83 | 97 | 139 | 138 | ||||
| Receivables | 373 | 361 | 169 | 221 | 170 | ||||
| Other current assets | 38 | 39 | 12 | 12 | |||||
| Other undisclosed current assets | 6 | ||||||||
| Total current assets: | 435 | 483 | 278 | 372 | 314 | ||||
| Noncurrent Assets | |||||||||
| TOTAL ASSETS: | 435 | 483 | 278 | 372 | 314 | ||||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 477 | 1,179 | 601 | 562 | 531 | ||||
| Settlement liabilities | ✕ | ✕ | ✕ | ✕ | 57 | 195 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | ✕ | 127 | 93 | 74 | ||
| Accounts payable | 243 | 945 | 231 | 40 | 30 | ||||
| Accrued liabilities | 234 | 234 | 185 | 234 | 426 | ||||
| Debt | 693 | 693 | 3,659 | 3,659 | 4,639 | ||||
| Due to related parties | ✕ | ✕ | ✕ | 173 | 173 | 173 | |||
| Other undisclosed current liabilities | 758 | (0) | 1,068 | 920 | 121 | ||||
| Total current liabilities: | 1,927 | 1,871 | 5,500 | 5,314 | 5,463 | ||||
| Noncurrent Liabilities | |||||||||
| Total liabilities: | 1,927 | 1,871 | 5,500 | 5,314 | 5,463 | ||||
| Equity | |||||||||
| Equity, attributable to parent | (1,492) | (1,388) | (5,222) | (4,942) | (5,150) | ||||
| Common stock | 593 | 593 | 415 | 395 | 172 | ||||
| Additional paid in capital | 12,170 | 12,170 | 8,253 | 8,004 | 7,536 | ||||
| Accumulated deficit | (14,255) | (14,151) | (13,891) | (13,341) | (12,859) | ||||
| Other undisclosed equity | (0) | ||||||||
| Total equity: | (1,492) | (1,388) | (5,222) | (4,942) | (5,150) | ||||
| TOTAL LIABILITIES AND EQUITY: | 435 | 483 | 278 | 372 | 314 | ||||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 12/31/2023 Q4 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 527 | 528 | 476 | 519 | 445 | |||
| Cost of revenue | (319) | (368) | (185) | (188) | (419) | |||
| Gross profit: | 208 | 160 | 291 | 331 | 26 | |||
| Operating expenses | (170) | (154) | (391) | (271) | (1,328) | |||
| Other undisclosed operating loss | (77) | (0) | ||||||
| Operating income (loss): | (38) | 6 | (99) | 59 | (1,302) | |||
| Nonoperating expense | (69) | (16) | (450) | (542) | (4,018) | |||
| Other nonoperating income (expense) | (69) | (16) | 243 | |||||
| Interest and debt expense | (388) | (42) | ||||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (608) | |||||||
| Loss from continuing operations: | (108) | (10) | (937) | (525) | (5,928) | |||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (937) | (525) | (5,928) | |
| Net loss: | (108) | (10) | (937) | (525) | (5,928) | |||
| Other undisclosed net income attributable to parent | 77 | 388 | 42 | 608 | ||||
| Net loss available to common stockholders, diluted: | (31) | (10) | (549) | (483) | (5,320) | |||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2023 Q4 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (108) | (10) | (937) | (525) | (5,928) | |||
| Comprehensive loss, net of tax, attributable to parent: | (108) | (10) | (937) | (525) | (5,928) | |||
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.