GZ6G Technologies Corp. (GZIC) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1 TECHNOLOGY DRIVE, BLDG B IRVINE, CA 92618 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4812 - Radiotelephone Communications (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2023 MRQ | 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 507 | 760 | |||
| Cash and cash equivalents | 507 | 760 | |||
| Receivables | 60 | 2 | |||
| Prepaid expense | 49 | 19 | |||
| Other current assets | 16 | 16 | |||
| Total current assets: | 632 | 796 | |||
| Noncurrent Assets | |||||
| Finance lease, right-of-use asset, after accumulated amortization | 553 | 98 | |||
| Property, plant and equipment | 188 | 235 | |||
| Total noncurrent assets: | 741 | 333 | |||
| TOTAL ASSETS: | 1,373 | 1,130 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities, including: | 566 | 335 | |||
| Accounts payable | 6 | ||||
| Other undisclosed accounts payable and accrued liabilities | 566 | 329 | |||
| Deferred revenue | 172 | 209 | |||
| Debt | 6,942 | 139 | |||
| Due to related parties | 417 | 180 | |||
| Other undisclosed current liabilities | 1,441 | 6,145 | |||
| Total current liabilities: | 9,538 | 7,009 | |||
| Noncurrent Liabilities | |||||
| Long-term debt and lease obligation | 526 | 44 | |||
| Long-term debt, excluding current maturities | 44 | 44 | |||
| Finance lease, liability | 482 | ||||
| Total noncurrent liabilities: | 526 | 44 | |||
| Total liabilities: | 10,065 | 7,053 | |||
| Equity | |||||
| Equity, attributable to parent, including: | (7,976) | (5,263) | |||
| Common stock | 71 | 25 | |||
| Additional paid in capital | 14,897 | 10,784 | |||
| Accumulated deficit | (22,964) | (16,093) | |||
| Other undisclosed equity, attributable to parent | 20 | 20 | |||
| Equity, attributable to noncontrolling interest | (716) | (660) | |||
| Total equity: | (8,692) | (5,923) | |||
| TOTAL LIABILITIES AND EQUITY: | 1,373 | 1,130 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2023 TTM | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|
| Revenues | 222 | 78 | ||
| Cost of revenue | (18) | (43) | ||
| Gross profit: | 204 | 35 | ||
| Operating expenses | (3,676) | (1,456) | ||
| Operating loss: | (3,473) | (1,421) | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | (3,473) | (8,766) | ||
| Interest and debt expense | (7,095) | (715) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 10,586 | 9,524 | ||
| Loss from continuing operations: | (3,454) | (1,378) | ||
| Loss before gain (loss) on sale of properties: | ✕ | (1,378) | ||
| Other undisclosed net income (loss) | (3,473) | (8,766) | ||
| Net loss: | (6,927) | (10,144) | ||
| Net income attributable to noncontrolling interest | 56 | 112 | ||
| Net income (loss) available to common stockholders, diluted: | (6,871) | (10,032) | ||
Comprehensive Income ($ in thousands)
| 3/31/2023 TTM | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|
| Net loss: | (6,927) | (10,144) | ||
| Comprehensive loss: | (6,927) | (10,144) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 56 | 112 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (6,871) | (10,032) | ||
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.