iPic Entertainment Inc. (IPIC) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
MIZNER PARK,433 PLAZA REAL BOCA RATON, FL 33432 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 581 - Eating And Drinking Places (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 6,026 | |||
| Cash and cash equivalents | 6,026 | |||
| Receivables | 3,874 | |||
| Inventory, net of allowances, customer advances and progress billings | 1,218 | |||
| Inventory | 1,218 | |||
| Prepaid expense | 3,808 | |||
| Total current assets: | 14,926 | |||
| Noncurrent Assets | ||||
| Property, plant and equipment | 143,539 | |||
| Long-term investments and receivables | 259 | |||
| Long-term investments | 259 | |||
| Total noncurrent assets: | 143,798 | |||
| TOTAL ASSETS: | 158,724 | |||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities | 22,674 | |||
| Taxes payable | 958 | |||
| Employee-related liabilities | 4,048 | |||
| Accounts payable | 12,629 | |||
| Accrued liabilities | 5,039 | |||
| Deferred lease income | 5,541 | ✕ | ||
| Other undisclosed current liabilities | 1,392 | |||
| Total current liabilities: | 29,607 | |||
| Noncurrent Liabilities | ||||
| Liabilities, other than long-term debt | 238,940 | |||
| Deferred rent credit | 49,354 | ✕ | ||
| Due to related parties | 188,261 | |||
| Other liabilities | 1,325 | |||
| Other undisclosed noncurrent liabilities | 9,398 | |||
| Total noncurrent liabilities: | 248,338 | |||
| Total liabilities: | 277,945 | |||
| Equity | ||||
| Equity, attributable to parent, including: | (140,744) | |||
| Additional paid in capital | (121,988) | |||
| Accumulated deficit | (18,757) | |||
| Other undisclosed equity, attributable to parent | 1 | |||
| Equity, attributable to noncontrolling interest | 21,523 | |||
| Total equity: | (119,221) | |||
| TOTAL LIABILITIES AND EQUITY: | 158,724 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|
| Revenues | 148,345 | ||
| Gross profit: | 148,345 | ||
| Operating expenses | (188,002) | ||
| Operating loss: | (39,657) | ||
| Nonoperating expense | (17,078) | ||
| Interest and debt expense | (17,078) | ||
| Loss from continuing operations before equity method investments, income taxes: | (73,813) | ||
| Other undisclosed income from continuing operations before income taxes | 17,078 | ||
| Loss from continuing operations before income taxes: | (56,735) | ||
| Income tax expense | (30) | ||
| Loss from continuing operations: | (56,765) | ||
| Loss before gain (loss) on sale of properties: | (56,765) | ||
| Net loss: | (56,765) | ||
| Net income attributable to noncontrolling interest | 33,566 | ||
| Net loss available to common stockholders, diluted: | (23,199) | ||
Comprehensive Income ($ in thousands)
| 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|
| Net loss: | (56,765) | ||
| Comprehensive loss: | (56,765) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 33,566 | ||
| Comprehensive loss, net of tax, attributable to parent: | (23,199) | ||
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.