KushCo Holdings, Inc. (KSHB) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
6261 KATELLA AVE STE 250 CYPRESS, CA 90630 |
| State of Incorp. | NV |
| Fiscal Year End | August 31 |
| Industry (SIC) | 308 - Miscellaneous Plastics Products (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 5/31/2021 MRQ | 8/31/2020 | 8/31/2019 | 8/31/2018 | 8/31/2017 | 8/31/2016 | 8/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 10,476 | 3,944 | 13,467 | 917 | 1,027 | 201 | |||
| Cash and cash equivalents | 10,476 | 3,944 | 13,467 | 917 | 1,027 | 201 | |||
| Receivables | (146) | ||||||||
| Inventory, net of allowances, customer advances and progress billings | 28,049 | 43,768 | 11,814 | 3,754 | 1,142 | 662 | |||
| Inventory | 28,049 | 43,768 | 11,814 | 3,754 | 1,142 | 662 | |||
| Prepaid expense | 596 | 153 | |||||||
| Intangible current assets | 3,730 | ||||||||
| Deferred tax assets | ✕ | ✕ | ✕ | (1,394) | |||||
| Other undisclosed current assets | 18,481 | 38,181 | 22,224 | 985 | 200 | 293 | |||
| Total current assets: | 57,006 | 85,893 | 47,505 | 7,992 | 2,966 | 1,163 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 8,801 | 11,054 | 4,135 | 832 | 274 | 205 | |||
| Intangible assets, net (including goodwill) | 53,267 | 55,370 | 56,755 | 34,247 | 2,377 | 2,377 | |||
| Goodwill | 52,267 | 52,267 | 52,267 | 34,247 | 2,377 | 2,377 | |||
| Intangible assets, net (excluding goodwill) | 1,000 | 3,103 | 4,487 | ||||||
| Deposits noncurrent assets | 250 | ||||||||
| Other noncurrent assets | 8,582 | 6,917 | |||||||
| Other undisclosed noncurrent assets | 0 | 3,911 | 12 | ||||||
| Total noncurrent assets: | 70,650 | 73,341 | 61,140 | 38,990 | 2,662 | 2,582 | |||
| TOTAL ASSETS: | 127,656 | 159,234 | 108,645 | 46,982 | 5,628 | 3,745 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 10,894 | 17,375 | 4,721 | 769 | |||||
| Taxes payable | 727 | 1,047 | 432 | ||||||
| Employee-related liabilities | 2,798 | 3,485 | 993 | ||||||
| Accounts payable | 4,282 | 10,907 | 2,822 | 377 | |||||
| Accrued liabilities | 3,087 | 1,936 | 474 | 391 | |||||
| Debt | 1,583 | 12,261 | 980 | 689 | 20 | 27 | |||
| Business combination, contingent consideration, liability | 20,692 | 5,488 | |||||||
| Due to related parties | 75 | ||||||||
| Contract with customer, liability | ✕ | ✕ | ✕ | 769 | ✕ | ✕ | ✕ | ||
| Other undisclosed current liabilities | 3,188 | 2,992 | 341 | 3,853 | 919 | 85 | |||
| Total current liabilities: | 36,357 | 32,628 | 12,298 | 4,543 | 939 | 956 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 18,975 | 172 | |||||||
| Long-term debt, excluding current maturities | 18,975 | 172 | |||||||
| Liabilities, other than long-term debt | 4,570 | 6,277 | 14,536 | ||||||
| Deferred rent credit | 106 | ✕ | ✕ | ✕ | |||||
| Other liabilities | 4,205 | 833 | |||||||
| Derivative instruments and hedges, liabilities | 365 | 5,444 | 14,430 | ||||||
| Other undisclosed noncurrent liabilities | 1,459 | 39 | 55 | ||||||
| Total noncurrent liabilities: | 4,570 | 25,252 | 14,708 | 1,459 | 39 | 55 | |||
| Total liabilities: | 40,927 | 57,880 | 27,006 | 6,001 | 978 | 1,011 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 86,729 | 101,354 | 81,638 | 40,981 | 4,650 | 2,735 | |||
| Common stock | 126 | 90 | 78 | 59 | 48 | ||||
| Additional paid in capital | 227,253 | 164,258 | 104,918 | 41,529 | 5,278 | 3,437 | |||
| Accumulated deficit | (140,650) | (62,994) | (23,358) | (607) | (677) | (748) | |||
| Other undisclosed equity, attributable to parent | 46 | ||||||||
| Other undisclosed equity | (0) | ||||||||
| Total equity: | 86,729 | 101,354 | 81,638 | 40,981 | 4,650 | 2,735 | |||
| TOTAL LIABILITIES AND EQUITY: | 127,656 | 159,234 | 108,645 | 46,982 | 5,628 | 3,745 | |||
Income Statement (P&L) ($ in thousands)
| 5/31/2021 TTM | 8/31/2020 | 8/31/2019 | 8/31/2018 | 8/31/2017 | 8/31/2016 | 8/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 113,837 | 148,954 | 52,075 | 18,799 | 8,215 | 4,014 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (106,265) | (124,386) | (38,741) | (12,597) | (5,536) | (2,585) | ||
| Gross profit: | 7,572 | 24,568 | 13,334 | 6,203 | 2,679 | 1,428 | ||
| Operating expenses | (80,828) | (69,753) | (39,856) | (5,822) | (2,595) | (1,774) | ||
| Other operating expense, net | (92) | (13) | ||||||
| Operating income (loss): | (73,256) | (45,185) | (26,522) | 289 | 72 | (346) | ||
| Nonoperating income (expense) | (4,429) | 5,676 | 622 | |||||
| Interest and debt expense | (1,651) | (2,523) | (276) | 7 | 20 | 7 | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 1,651 | 276 | ||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (77,685) | (42,032) | (25,900) | 295 | 92 | (339) | ||
| Other undisclosed income from continuing operations before income taxes | 2,523 | 0 | ||||||
| Income (loss) from continuing operations before income taxes: | (77,685) | (39,509) | (25,900) | 295 | 92 | (339) | ||
| Income tax expense (benefit) | 29 | (127) | 1,563 | (107) | (10) | (135) | ||
| Income (loss) from continuing operations: | (77,656) | (39,636) | (24,337) | 188 | 83 | (474) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | (77,656) | (39,636) | (24,337) | 188 | 83 | (474) | |
| Other undisclosed net income (loss) | (11) | 135 | ||||||
| Net income (loss): | (77,656) | (39,636) | (24,337) | 188 | 72 | (339) | ||
| Other undisclosed net loss attributable to parent | (118) | |||||||
| Net income (loss) attributable to parent: | (77,656) | (39,636) | (24,337) | 69 | 72 | (339) | ||
| Other undisclosed net loss available to common stockholders, basic | (8,986) | |||||||
| Net income (loss) available to common stockholders, basic: | (77,656) | (48,622) | (24,337) | 69 | 72 | (339) | ||
| Dilutive securities, effect on basic earnings per share | (8,986) | |||||||
| Net income (loss) available to common stockholders, diluted: | (77,656) | (57,608) | (24,337) | 69 | 72 | (339) | ||
Comprehensive Income ($ in thousands)
| 5/31/2021 TTM | 8/31/2020 | 8/31/2019 | 8/31/2018 | 8/31/2017 | 8/31/2016 | 8/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (77,656) | (39,636) | (24,337) | 188 | 72 | (339) | ||
| Other comprehensive income | 289 | 72 | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (77,656) | (39,636) | (24,337) | 476 | 143 | (339) | ||
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.