Latitude 360, Inc. (LATX) Financial Statements (2024 and earlier)
Company Profile
Business Address |
6022 SAN JOSE BLVD JACKSONVILLE, FL 32217 |
State of Incorp. | NV |
Fiscal Year End | December 31 |
Industry (SIC) | 5211 - Lumber and Other Building Materials Dealers (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 12/31/2013 Q4 | 9/30/2013 Q3 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 141 | 99 | 85 | 117 | 10 | 14 | |||
Cash and cash equivalents | 141 | 99 | 85 | 117 | 10 | 14 | |||
Receivables | 150 | 209 | 82 | 238 | |||||
Inventory, net of allowances, customer advances and progress billings | 257 | 312 | 221 | 287 | ✕ | ✕ | |||
Inventory | 257 | 312 | 221 | 287 | |||||
Prepaid expense | 72 | 23 | |||||||
Other undisclosed current assets | 465 | 220 | 2,045 | 1,293 | 1 | 2 | |||
Total current assets: | 1,084 | 841 | 2,433 | 1,958 | 11 | 16 | |||
Noncurrent Assets | |||||||||
Property, plant and equipment | 43,778 | 46,722 | 46,268 | 47,495 | 10 | 11 | |||
Deferred costs | 52 | 456 | |||||||
Other noncurrent assets | |||||||||
Other undisclosed noncurrent assets | 2,354 | (64) | 2,601 | 3,034 | |||||
Total noncurrent assets: | 46,184 | 47,115 | 48,869 | 50,529 | 10 | 11 | |||
TOTAL ASSETS: | 47,268 | 47,956 | 51,302 | 52,487 | 21 | 27 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 15,955 | 15,955 | 13,251 | 11,221 | 4 | 4 | |||
Interest and dividends payable | 3,978 | 3,579 | 2,923 | 4,005 | |||||
Accounts payable | 5,797 | 7,966 | 4,911 | 2,138 | 4 | 2 | |||
Accrued liabilities | 6,180 | 4,410 | 5,417 | 5,078 | 0 | 1 | |||
Debt | 46,982 | 52,037 | 22,143 | 2,935 | |||||
Deferred compensation liability | 1,600 | 1,600 | |||||||
Derivative instruments and hedges, liabilities | 1,183 | 588 | |||||||
Deferred revenue and credits | |||||||||
Due to related parties | 460 | 389 | 178 | ||||||
Other undisclosed current liabilities | (16,672) | (20,785) | 7,898 | 11,028 | 60 | ||||
Total current liabilities: | 49,509 | 49,784 | 43,471 | 25,184 | 4 | 64 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 20,723 | 20,789 | 22,985 | 38,425 | |||||
Long-term debt, excluding current maturities | 14,501 | ||||||||
Capital lease obligations | 20,723 | 20,789 | 22,985 | 23,924 | |||||
Liabilities, other than long-term debt | 276 | 302 | 243 | 2,150 | 62 | ||||
Deferred revenue and credits | 276 | 302 | 243 | 2,150 | |||||
Due to related parties | 62 | ||||||||
Other undisclosed noncurrent liabilities | (70) | (95) | 42 | 6 | |||||
Total noncurrent liabilities: | 20,930 | 20,996 | 23,270 | 40,575 | 68 | ||||
Total liabilities: | 70,438 | 70,781 | 66,741 | 65,758 | 72 | 64 | |||
Equity | |||||||||
Equity, attributable to parent, including: | (23,171) | (22,825) | (15,439) | (13,271) | (51) | (37) | |||
Common stock | 131 | 127 | 103 | 489 | 6 | 6 | |||
Additional paid in capital | 152,628 | 143,861 | 116,689 | 78,917 | 275 | 275 | |||
Accumulated deficit | (175,930) | (166,813) | (132,231) | (92,678) | (332) | (318) | |||
Warrants and rights outstanding | |||||||||
Other undisclosed equity, attributable to parent | 0 | ||||||||
Total equity: | (23,171) | (22,825) | (15,439) | (13,271) | (51) | (37) | |||
TOTAL LIABILITIES AND EQUITY: | 47,268 | 47,956 | 51,302 | 52,487 | 21 | 27 |
Income Statement (P&L) ($ in thousands)Annual | Quarterly
6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 12/31/2013 Q4 | 9/30/2013 Q3 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 5,641 | 12,734 | 3,846 | 1,427 | 20 | 36 | ||
Revenue, net | 5,641 | 12,734 | 3,734 | 1,427 | ||||
Cost of revenue | (1,069) | (2,415) | (819) | (2,291) | (9) | (17) | ||
Cost of goods and services sold | (1,069) | (2,415) | (819) | (321) | (9) | (17) | ||
Gross profit: | 4,572 | 10,319 | 3,026 | (863) | 11 | 19 | ||
Operating expenses | (9,148) | (29,161) | (7,898) | (1,511) | (25) | (27) | ||
Other operating income, net (Other Expenses) | 682 | |||||||
Other undisclosed operating income (loss) | 1,069 | 2,415 | 708 | (682) | ||||
Operating loss: | (3,506) | (16,427) | (4,164) | (2,374) | (14) | (8) | ||
Nonoperating expense | ||||||||
Interest and debt expense | (1,736) | (11,122) | (468) | 682 | ||||
Loss from continuing operations: | (5,243) | (27,549) | (4,632) | (1,692) | (14) | (8) | ||
Loss before gain (loss) on sale of properties: | (5,245) | (27,903) | (4,629) | (1,704) | (14) | (8) | ||
Income (loss) from discontinued operations | (2) | (354) | 2 | (12) | ||||
Net loss: | (5,245) | (27,903) | (4,629) | (1,704) | (14) | (8) | ||
Other undisclosed net income (loss) attributable to parent | (3,872) | (10,047) | (4,906) | (682) | ||||
Net loss available to common stockholders, diluted: | (9,117) | (37,950) | (9,536) | (2,387) | (14) | (8) |
Comprehensive Income ($ in thousands)Annual | Quarterly
6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 12/31/2013 Q4 | 9/30/2013 Q3 | ||
---|---|---|---|---|---|---|---|---|
Net loss: | (5,245) | (27,903) | (4,629) | (1,704) | (14) | (8) | ||
Comprehensive loss, net of tax, attributable to parent: | (5,245) | (27,903) | (4,629) | (1,704) | (14) | (8) |
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.