Invent Ventures Inc (IDEA) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
3651 LINDELL ROAD LAS VEGAS, NV 89103 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3576 - Computer Communications Equipment (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 34 | 26 | 44 | 74 | 52 | 57 | |||
| Cash and cash equivalents | 34 | 26 | 44 | 74 | 52 | 57 | |||
| Receivables | 11 | ||||||||
| Prepaid expense and other current assets | ✕ | ✕ | 112 | 164 | 226 | 291 | ✕ | ||
| Total current assets: | 34 | 138 | 208 | 311 | 342 | 57 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 5 | 6 | 6 | 7 | 8 | 9 | |||
| Long-term investments and receivables | 524 | 506 | 490 | 469 | 467 | ||||
| Long-term investments | 524 | 506 | 490 | 469 | 467 | ||||
| Total noncurrent assets: | 529 | 6 | 513 | 497 | 477 | 476 | |||
| Other undisclosed assets | 5,737 | 6,712 | 9,396 | 10,163 | 10,185 | 10,292 | |||
| TOTAL ASSETS: | 6,300 | 6,856 | 10,117 | 10,971 | 11,005 | 10,825 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 641 | 1,216 | 1,098 | 958 | 815 | 681 | |||
| Employee-related liabilities | 544 | 1,216 | 1,098 | 958 | 815 | 681 | |||
| Accounts payable | 97 | ||||||||
| Debt | 41 | 248 | 41 | 41 | 41 | ||||
| Derivative instruments and hedges, liabilities | 78 | 108 | |||||||
| Due to related parties | 576 | 2 | 5 | 28 | 36 | 62 | |||
| Total current liabilities: | 1,258 | 1,545 | 1,252 | 1,027 | 892 | 743 | |||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 23 | 90 | 239 | 261 | 158 | 125 | |||
| Total liabilities: | 1,281 | 1,634 | 1,491 | 1,288 | 1,050 | 868 | |||
| Equity | |||||||||
| Equity, attributable to parent | (151) | (592) | (122) | 175 | 441 | 441 | |||
| Common stock | 40 | 36 | 37 | 37 | 37 | 37 | |||
| Common stock, share subscribed but unissued, subscriptions receivable | 13 | 13 | 13 | 13 | 13 | 13 | |||
| Additional paid in capital | 4,737 | 4,204 | 4,553 | 4,553 | 4,553 | 4,313 | |||
| Accumulated deficit | (4,941) | (4,845) | (4,725) | (4,428) | (4,162) | (3,922) | |||
| Total equity: | (151) | (592) | (122) | 175 | 441 | 441 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,129 | 1,042 | 1,369 | 1,463 | 1,492 | 1,310 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 75 | 46 | 39 | 34 | 39 | 33 | ||
| Gross profit: | 75 | 46 | 39 | 34 | 39 | 33 | ||
| Operating expenses | (295) | (269) | (353) | (296) | (289) | (268) | ||
| Other operating income, net | 63 | 88 | ||||||
| Other undisclosed operating income | 78 | 17 | 36 | 10 | 80 | |||
| Operating loss: | (80) | (136) | (297) | (226) | (240) | (155) | ||
| Nonoperating income (expense) (Investment Income, Nonoperating) | 81 | (14) | 20 | (2) | 12 | 81 | ||
| Interest and debt expense | (47) | (23) | (48) | (31) | (29) | (59) | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (39) | 53 | 29 | 33 | 17 | (22) | ||
| Loss from continuing operations: | (85) | (120) | (297) | (226) | (240) | (155) | ||
| Loss before gain (loss) on sale of properties: | (85) | (120) | (297) | (226) | (240) | (155) | ||
| Net loss: | (85) | (120) | (297) | (226) | (240) | (155) | ||
| Other undisclosed net income (loss) attributable to parent | 18 | (10) | ||||||
| Net loss available to common stockholders, diluted: | (85) | (120) | (279) | (226) | (240) | (166) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (85) | (120) | (297) | (226) | (240) | (155) | ||
| Comprehensive loss, net of tax, attributable to parent: | (85) | (120) | (297) | (226) | (240) | (155) | ||
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.