Hempacco Co. Inc. (HPCO) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
9925 AIRWAY RD SAN DIEGO, CA 92154 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2111 - Cigarettes (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2023 | 12/31/2022 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 548 | |||
| Cash and cash equivalent | 548 | |||
| Receivables | 5 | |||
| Inventory, net of allowances, customer advances and progress billings | 645 | |||
| Inventory | 645 | |||
| Deposits current assets | 478 | |||
| Other undisclosed current assets | 231 | |||
| Total current assets: | 1,908 | |||
| Noncurrent Assets | ||||
| Operating lease, right-of-use asset | 351 | |||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 7,221 | |||
| Intangible asset, including goodwill, after accumulated amortization | 3 | |||
| Goodwill | ||||
| Intangible asset, excluding goodwill, after accumulated amortization | 3 | |||
| Other undisclosed noncurrent assets | ||||
| Total noncurrent assets: | 7,574 | |||
| TOTAL ASSETS: | 9,482 | |||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities, including: | 336 | |||
| Other undisclosed accounts payable and accrued liabilities | 336 | |||
| Debt | 125 | |||
| Due to related parties | ✕ | 93 | ||
| Other undisclosed current liabilities | 967 | |||
| Total current liabilities: | 1,520 | |||
| Noncurrent Liabilities | ||||
| Other undisclosed noncurrent liabilities | 402 | |||
| Total noncurrent liabilities: | 402 | |||
| Total liabilities: | 1,922 | |||
| Equity | ||||
| Equity, attributable to parent | 7,656 | |||
| Common stock | 23 | |||
| Additional paid in capital | 18,095 | |||
| Accumulated deficit | (10,463) | |||
| Equity, attributable to noncontrolling interest | (95) | |||
| Total equity: | 7,560 | |||
| TOTAL LIABILITIES AND EQUITY: | 9,482 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2023 | 12/31/2022 | ||
|---|---|---|---|
| Revenues | 3,967 | ||
| Cost of revenue (Cost of Product and Service Sold) | (3,724) | ||
| Other undisclosed gross profit | (4) | ||
| Gross profit: | 239 | ||
| Operating expenses | (7,323) | ||
| Operating loss: | (7,084) | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | (3) | ||
| Interest and debt expense | (47) | ||
| Loss from continuing operations before income taxes: | (7,135) | ||
| Income tax benefit | 1,032 | ||
| Loss from continuing operations: | (6,103) | ||
| Other undisclosed net income (loss) | (1,032) | ||
| Net income (loss): | (7,135) | ||
| Net income attributable to noncontrolling interest | 7,004 | ||
| Other undisclosed net loss attributable to parent | (7,004) | ||
| Net loss attributable to parent: | (7,135) | ||
| Other undisclosed net income available to common stockholders, basic | 131 | ||
| Net loss available to common stockholders, diluted: | (7,004) | ||
Comprehensive Income ($ in thousands)
| 12/31/2023 | 12/31/2022 | ||
|---|---|---|---|
| Net income (loss): | (7,135) | ||
| Comprehensive income (loss): | (7,135) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 7,004 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (131) | ||
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.