LGBTQ Loyalty Holdings, Inc. (LFAP) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
5752 OBERLIN DRIVE SAN DIEGO, CA 92121 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2022 MRQ | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 78 | 30 | 13 | 41 | 1 | 1 | |||
| Cash and cash equivalents | 78 | 30 | 13 | 41 | 1 | 1 | |||
| Receivables | 100 | 100 | |||||||
| Prepaid expense | 7 | ||||||||
| Other current assets | 21 | 9 | 1 | 1 | 1 | ||||
| Total current assets: | 85 | 151 | 122 | 42 | 2 | 2 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 2 | (8) | |||||||
| Intangible assets, net (including goodwill) | 53 | 78 | 73 | 0 | 2 | ||||
| Intangible assets, net (excluding goodwill) | 53 | 78 | 73 | 0 | 2 | ||||
| Other undisclosed noncurrent assets | 7 | ||||||||
| Total noncurrent assets: | 53 | 78 | 75 | 0 | 1 | ||||
| TOTAL ASSETS: | 139 | 230 | 197 | 42 | 2 | 3 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 2,286 | 1,847 | 1,573 | 266 | 125 | 131 | |||
| Interest and dividends payable | ✕ | 640 | 226 | 71 | 15 | ||||
| Employee-related liabilities | ✕ | 660 | 700 | 730 | 349 | 601 | |||
| Accounts payable | 986 | 921 | 772 | ||||||
| Other undisclosed accounts payable and accrued liabilities | (98) | (477) | 131 | ||||||
| Debt | 127 | 1,662 | 83 | 33 | 20 | ||||
| Derivative instruments and hedges, liabilities | 1,398 | 1,930 | 1,112 | 42 | |||||
| Due to related parties | 2 | 18 | 18 | 11 | 8 | 537 | |||
| Other undisclosed current liabilities | 401 | 619 | |||||||
| Total current liabilities: | 3,813 | 5,457 | 2,786 | 752 | 771 | 667 | |||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 3,274 | 33 | 284 | ||||||
| Total liabilities: | 7,087 | 5,490 | 3,070 | 752 | 771 | 667 | |||
| Temporary equity, carrying amount | 1,079 | ||||||||
| Equity | |||||||||
| Equity, attributable to parent, including: | (6,949) | (5,261) | (2,873) | (711) | (769) | (664) | |||
| Common stock | 833 | 264 | 169 | 122 | 88 | 25 | |||
| Additional paid in capital | 12,125 | 7,715 | 6,036 | 3,242 | 2,579 | 2,099 | |||
| Deferred compensation equity | (195) | (391) | |||||||
| Accumulated deficit | (19,907) | (13,239) | (9,078) | (3,880) | (3,045) | (2,789) | |||
| Other undisclosed equity, attributable to parent | 0 | 0 | 0 | ||||||
| Other undisclosed equity | (1,079) | ||||||||
| Total equity: | (8,027) | (5,261) | (2,873) | (711) | (769) | (664) | |||
| TOTAL LIABILITIES AND EQUITY: | 139 | 230 | 197 | 42 | 2 | 3 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1 | 3 | 3 | 4 | 12 | |||
| Cost of revenue (Cost of Goods and Services Sold) | (0) | (8) | ||||||
| Gross profit: | 1 | 3 | 3 | 4 | 4 | |||
| Operating expenses | (3,440) | (1,817) | (3,700) | (748) | (261) | (270) | ||
| Operating loss: | (3,440) | (1,816) | (3,697) | (746) | (257) | (266) | ||
| Nonoperating expense | (3,173) | (2,293) | (1,455) | |||||
| Interest and debt expense | (2,134) | (2,463) | (1,024) | (124) | ||||
| Loss from continuing operations before equity method investments, income taxes: | (8,747) | (6,572) | (6,176) | (870) | (257) | (266) | ||
| Other undisclosed income from continuing operations before income taxes | 35 | |||||||
| Loss from continuing operations before income taxes: | (8,747) | (6,572) | (6,176) | (835) | (257) | (266) | ||
| Income tax expense | (1,332) | |||||||
| Loss from continuing operations: | (8,747) | (7,904) | (6,176) | (835) | (257) | (266) | ||
| Loss before gain (loss) on sale of properties: | ✕ | (8,747) | (7,904) | (6,176) | (835) | (257) | (266) | |
| Other undisclosed net income | 21,143 | |||||||
| Net income (loss): | (8,747) | 13,239 | (6,176) | (835) | (257) | (266) | ||
| Other undisclosed net income (loss) attributable to parent | 2,134 | (17,348) | 1,024 | |||||
| Net loss available to common stockholders, diluted: | (6,613) | (4,109) | (5,151) | (835) | (257) | (266) | ||
Comprehensive Income ($ in thousands)
| 9/30/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (8,747) | 13,239 | (6,176) | (835) | (257) | (266) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (8,747) | 13,239 | (6,176) | (835) | (257) | (266) | ||
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.