Hasco Medical Inc (HASC) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
16800 DALLAS PARKWAY DALLAS, TX 75248 |
| State of Incorp. | FL |
| Fiscal Year End | December 31 |
| Industry (SIC) | 8082 - Home Health Care Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2015 MRQ | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 510 | 150 | 850 | |||
| Cash and cash equivalents | 510 | 150 | 850 | |||
| Receivables | 9,032 | 6,183 | 7,116 | |||
| Inventory, net of allowances, customer advances and progress billings | 16,642 | 11,572 | 10,489 | |||
| Inventory | 16,642 | 11,572 | 10,489 | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | 178 | ||
| Deferred tax assets | 449 | 413 | ||||
| Other undisclosed current assets | 604 | 505 | ||||
| Total current assets: | 27,236 | 18,823 | 18,634 | |||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 2,041 | 2,141 | 2,163 | |||
| Long-term investments and receivables | 89 | |||||
| Due from related parties | 89 | |||||
| Intangible assets, net (including goodwill), including: | 6,153 | 6,214 | 5,670 | |||
| Intangible assets, net (excluding goodwill) | (31) | (10) | 5,670 | |||
| Other undisclosed intangible assets, net (including goodwill) | 6,184 | 6,224 | ✕ | |||
| Other noncurrent assets | 592 | 605 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | 601 | ||
| Deferred tax assets, net | 195 | 149 | ||||
| Total noncurrent assets: | 9,069 | 9,109 | 8,434 | |||
| TOTAL ASSETS: | 36,306 | 27,932 | 27,067 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities, including: | 2,843 | 1,850 | 2,528 | |||
| Other undisclosed accounts payable and accrued liabilities | 2,843 | 1,850 | 2,528 | |||
| Debt | 16,781 | 13,447 | 8,553 | |||
| Due to related parties | 360 | 353 | ||||
| Customer advances and deposits | 465 | 388 | ✕ | |||
| Other liabilities | 2,457 | 494 | 378 | |||
| Other undisclosed current liabilities | 2,379 | 1,950 | 6,991 | |||
| Total current liabilities: | 25,285 | 18,482 | 18,450 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 6,113 | 6,841 | 6,923 | |||
| Long-term debt, excluding current maturities | 5,243 | 6,023 | 6,391 | |||
| Capital lease obligations | 870 | 818 | 532 | |||
| Liabilities, other than long-term debt | 1,576 | 1,947 | ||||
| Due to related parties | 1,576 | 1,947 | ||||
| Other undisclosed noncurrent liabilities | (1,576) | (1,947) | ||||
| Total noncurrent liabilities: | 6,113 | 6,841 | 6,923 | |||
| Total liabilities: | 31,398 | 25,323 | 25,372 | |||
| Equity | ||||||
| Equity, attributable to parent | 4,908 | 2,610 | 1,695 | |||
| Common stock | 1,004 | 993 | 988 | |||
| Additional paid in capital | 6,875 | 6,669 | 6,561 | |||
| Accumulated deficit | (2,972) | (5,052) | (5,854) | |||
| Total equity: | 4,908 | 2,610 | 1,695 | |||
| TOTAL LIABILITIES AND EQUITY: | 36,306 | 27,932 | 27,067 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 91,020 | 72,914 | 63,853 | ||
| Cost of revenue | (67,684) | (54,716) | (49,784) | ||
| Gross profit: | 23,335 | 18,198 | 14,068 | ||
| Operating expenses | (19,362) | (16,530) | (13,524) | ||
| Other operating expense, net (Other Nonrecurring (Income) Expense) | (27) | ||||
| Other undisclosed operating income | 27 | ||||
| Operating income: | 3,974 | 1,668 | 544 | ||
| Nonoperating expense | (1,097) | (582) | (455) | ||
| Other nonoperating income | 7 | 487 | 619 | ||
| Interest and debt expense | (1,104) | (1,069) | (942) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 942 | ||||
| Income from continuing operations before equity method investments, income taxes: | 1,773 | 17 | 89 | ||
| Other undisclosed income from continuing operations before income taxes | 1,104 | 1,069 | |||
| Income from continuing operations before income taxes: | 2,877 | 1,086 | 89 | ||
| Income tax expense | (1,046) | (63) | (7) | ||
| Income from continuing operations: | 1,831 | 1,024 | 82 | ||
| Income before gain (loss) on sale of properties: | 2,080 | 802 | 82 | ||
| Income (loss) from discontinued operations | 250 | (222) | |||
| Net income available to common stockholders, diluted: | 2,080 | 802 | 82 | ||
Comprehensive Income ($ in thousands)
| 6/30/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Net income: | 2,080 | 802 | 82 | ||
| Comprehensive income, net of tax, attributable to parent: | 2,080 | 802 | 82 | ||
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.