Life On Earth, Inc. (LFER) financial statements (2022 and earlier)
Company profile
| Business Address |
1345 6TH AVE. NEW YORK, NY 10105 |
| State of Incorp. | DE |
| Fiscal Year End | May 31 |
| SIC | 208 - Beverages (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 11/30/2021 Q2 | 8/31/2021 Q1 | 5/31/2021 Q4 | 2/28/2021 Q3 | 11/30/2020 Q2 | 8/31/2020 Q1 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 42 | 148 | 35 | 65 | 3 | 5 | ||
| Cash and cash equivalents | 42 | 148 | 35 | 65 | 3 | 5 | ||
| Receivables | 31 | 42 | 6 | 26 | ||||
| Prepaid expense | 2 | 1 | 3 | |||||
| Other undisclosed current assets | 20 | 70 | ||||||
| Total current assets: | 75 | 211 | 114 | 65 | 3 | 31 | ||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 4 | 6 | 4 | |||||
| Intangible assets, net (including goodwill) | 4,661 | 5,102 | ||||||
| Intangible assets, net (excluding goodwill) | 4,661 | 5,102 | ||||||
| Regulated entity, other noncurrent assets | 8 | |||||||
| Other undisclosed noncurrent assets | 4,866 | (8) | ||||||
| Total noncurrent assets: | 4,664 | 4,872 | 5,106 | |||||
| TOTAL ASSETS: | 4,740 | 5,082 | 5,219 | 65 | 3 | 31 | ||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities, including: | 2,303 | 2,347 | 2,164 | 2,138 | 2,085 | 2,076 | ||
| Interest and dividends payable | 0 | 0 | ||||||
| Other undisclosed accounts payable and accrued liabilities | 2,303 | 2,347 | 2,164 | 2,138 | 2,085 | 2,076 | ||
| Debt | 33 | 31 | 38 | 25 | 828 | 683 | ||
| Derivative instruments and hedges, liabilities | 111 | 137 | 203 | 147 | ||||
| Due to related parties | 88 | 120 | 58 | 63 | 65 | 63 | ||
| Business combination, contingent consideration, liability | 415 | 221 | 117 | 57 | ||||
| Other undisclosed current liabilities | 3,068 | 4,040 | 7,095 | 2,331 | 1,534 | 1,489 | ||
| Total current liabilities: | 5,492 | 6,539 | 9,881 | 4,914 | 4,832 | 4,515 | ||
| Noncurrent Liabilities | ||||||||
| Total liabilities: | 5,492 | 6,539 | 9,881 | 4,914 | 4,832 | 4,515 | ||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent, including: | (753) | (1,456) | (4,662) | (4,849) | (4,829) | (4,484) | ||
| Common stock | 62 | 46 | 30 | 21 | 21 | 21 | ||
| Additional paid in capital | 18,878 | 17,379 | 13,942 | 13,218 | 13,068 | 13,068 | ||
| Accumulated deficit | (19,695) | (18,884) | (18,635) | (18,089) | (17,918) | (17,574) | ||
| Other undisclosed stockholders' equity attributable to parent | 3 | 2 | 2 | 1 | 1 | 1 | ||
| Total stockholders' equity: | (753) | (1,456) | (4,662) | (4,849) | (4,829) | (4,484) | ||
| TOTAL LIABILITIES AND EQUITY: | 4,740 | 5,082 | 5,219 | 65 | 3 | 31 | ||
Income statement (P&L) ($ in thousands)
| 11/30/2021 Q2 | 8/31/2021 Q1 | 5/31/2021 Q4 | 2/28/2021 Q3 | 11/30/2020 Q2 | 8/31/2020 Q1 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 56 | 26 | 11 | 66 | 25 | ||
| Gain (loss) on disposition of assets for financial service operations | 111 | 66 | (56) | ||||
| Cost of revenue (Cost of Goods and Services Sold) | (1) | (25) | |||||
| Other undisclosed gross profit | 25 | ||||||
| Gross profit: | 55 | 26 | 36 | 66 | (0) | ||
| Operating expenses | (695) | (578) | |||||
| Operating income (loss): | (640) | (553) | 36 | 66 | (56) | (0) | |
| Interest and debt expense | (171) | (159) | (0) | (70) | (263) | (90) | |
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 463 | (25) | |||||
| Income (loss) from continuing operations: | (811) | (249) | 11 | (3) | (319) | (91) | |
| Loss from discontinued operations | (522) | (170) | (345) | (373) | |||
| Net loss: | (811) | (249) | (511) | (174) | (664) | (463) | |
| Other undisclosed net income (loss) attributable to parent | (36) | 3 | 319 | 91 | |||
| Net loss available to common stockholders, diluted: | (811) | (249) | (547) | (170) | (345) | (373) | |
Comprehensive Income ($ in thousands)
| 11/30/2021 Q2 | 8/31/2021 Q1 | 5/31/2021 Q4 | 2/28/2021 Q3 | 11/30/2020 Q2 | 8/31/2020 Q1 | ||
|---|---|---|---|---|---|---|---|
| Net loss: | (811) | (249) | (511) | (174) | (664) | (463) | |
| Comprehensive loss, net of tax, attributable to parent: | (811) | (249) | (511) | (174) | (664) | (463) | |
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.