INDOOR HARVEST CORP (INQD) financial statements (2021 and earlier)

Company profile

Business Address 7401 W. SLAUGHTER LANE #5078
AUSTIN, TX 78739
State of Incorp. TX
Fiscal Year End December 31
SIC 359 - Miscellaneous Industrial And Commercial (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments121563578101
Cash and cash equivalents121563578101
Receivables   3559
Inventory, net of allowances, customer advances and progress billings   27
Inventory   27
Prepaid expense5184 2
Other undisclosed current assets 13507 
Total current assets:1818790123169
Noncurrent Assets
Property, plant and equipment51425158194
Intangible assets, net (including goodwill)34689
Intangible assets, net (excluding goodwill)34689
Deposits noncurrent assets  131313
Other noncurrent assets    49
Total noncurrent assets:71843179264
TOTAL ASSETS:25205133301433
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:400213895641
Accounts payable131    
Accrued liabilities16    
Employee-related liabilities 4776
Interest and dividends payable228    
Other undisclosed accounts payable and accrued liabilities26209824935
Debt48676210 
Deferred rent credit 26
Derivative instruments and hedges, liabilities3,0301,401341  
Due to related parties0    
Deferred revenue and credits 910
Billings in excess of cost 2020
Other undisclosed current liabilities89895471366
Total current liabilities:4,3312,5791,12043177
Noncurrent Liabilities
Long-term debt and lease obligation 4132033
Long-term debt, excluding current maturities 4132033
Total noncurrent liabilities: 4132033
Total liabilities:4,3312,5831,133451110
Stockholders' equity
Stockholders' equity attributable to parent, including:(4,306)(2,378)(1,000)(150)323
Preferred stock 883 
Common stock20135261511
Additional paid in capital10,3779,3007,3763,8302,234
Accumulated deficit(14,892)(11,721)(8,409)(3,997)(1,922)
Other undisclosed stockholders' equity attributable to parent8    
Total stockholders' equity:(4,306)(2,378)(1,000)(150)323
TOTAL LIABILITIES AND EQUITY:25205133301433

Income statement (P&L) ($ in thousands)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues   16489
Cost of revenue (12) (112)(65)
Cost of goods and services sold (12)   
Gross profit: (12) 5225
Operating expenses(633)(1,092)(3,224)(1,305)(994)
Other undisclosed operating income (loss) 12  (311)
Operating loss:(633)(1,092)(3,224)(1,253)(1,280)
Nonoperating expense(2,464)(2,220)(1,183)(822)(12)
Debt instrument, convertible, beneficial conversion feature 16 334 
Interest and debt expense(136)(101)(163)(284) 
Loss from continuing operations before equity method investments, income taxes:(3,233)(3,412)(4,570)(2,359)(1,291)
Other undisclosed income from continuing operations before income taxes136101   
Net loss:(3,097)(3,312)(4,570)(2,359)(1,291)
Other undisclosed net income attributable to parent  15828425
Net loss available to common stockholders, diluted:(3,097)(3,312)(4,412)(2,075)(1,267)

Comprehensive Income ($ in thousands)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net loss:(3,097)(3,312)(4,570)(2,359)(1,291)
Comprehensive loss, net of tax, attributable to parent:(3,097)(3,312)(4,570)(2,359)(1,291)

Statements sources

The financial statements are based on the company's filings with the 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.

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