LiquidValue Development Inc. (LVDW) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
4800 MONTGOMERY LANE BETHESDA, MD 20814 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 65 - Real Estate (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,774 | 1,035 | 7,456 | 8,104 | 5,403 | 716 | |||
| Cash and cash equivalents | 1,774 | 1,035 | 7,456 | 8,104 | 5,403 | 716 | |||
| Receivables | 29 | 47 | |||||||
| Total current assets: | 1,803 | 1,035 | 7,503 | 8,104 | 5,403 | 716 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 28 | 109 | 192 | 87 | ✕ | ||||
| Inventory, real estate | 8,069 | ||||||||
| Nontrade receivables | 35 | 144 | |||||||
| Property, plant and equipment | 2 | 5 | 6,604 | 4 | 2 | 8 | |||
| Long-term investments and receivables | 24,941 | ||||||||
| Long-term investments | 24,941 | ||||||||
| Total noncurrent assets: | 65 | 257 | 39,806 | 4 | 89 | 8 | |||
| Other undisclosed assets | 30,231 | 51,412 | 872 | 21,112 | 25,293 | 47,877 | |||
| TOTAL ASSETS: | 32,099 | 52,703 | 48,180 | 29,220 | 30,785 | 48,601 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 564 | 784 | 1,749 | ||||||
| Other undisclosed accounts payable and accrued liabilities | 564 | 784 | 1,749 | ||||||
| Total current liabilities: | 564 | 784 | 1,749 | ||||||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 199 | ||||||||
| Liabilities, other than long-term debt | 22 | 19,918 | |||||||
| Due to related parties | ✕ | ✕ | 19,918 | ||||||
| Operating lease, liability | 22 | 199 | ✕ | ||||||
| Total noncurrent liabilities: | 22 | 20,118 | |||||||
| Other undisclosed liabilities | 3,200 | 30,267 | 3,161 | 2,127 | 3,282 | 11,984 | |||
| Total liabilities: | 3,200 | 30,290 | 23,279 | 2,691 | 4,065 | 13,733 | |||
| Equity | |||||||||
| Equity, attributable to parent | 28,819 | 22,339 | 24,850 | 24,614 | 24,445 | 31,980 | |||
| Common stock | 704 | 704 | 704 | 704 | 704 | 704 | |||
| Additional paid in capital | 32,817 | 32,543 | 32,543 | 32,543 | 32,543 | 32,543 | |||
| Accumulated deficit | (4,702) | (10,907) | (8,397) | (8,633) | (8,802) | (1,266) | |||
| Equity, attributable to noncontrolling interest | 80 | 74 | 52 | 1,915 | 2,275 | 2,887 | |||
| Total equity: | 28,899 | 22,414 | 24,901 | 26,529 | 26,720 | 34,868 | |||
| TOTAL LIABILITIES AND EQUITY: | 32,099 | 52,703 | 48,180 | 29,220 | 30,785 | 48,601 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 18,100 | 665 | 14,213 | 15,657 | 22,855 | 17,675 | ||
| Cost of revenue | (11,551) | (14,326) | (20,364) | (15,641) | ||||
| Gross profit: | 18,100 | 665 | 2,662 | 1,331 | 2,491 | 2,034 | ||
| Operating expenses | (12,579) | (1,872) | (1,498) | (15,512) | (27,147) | (16,390) | ||
| Other undisclosed operating income | 104 | 14,326 | 20,364 | 15,641 | ||||
| Operating income (loss): | 5,625 | (1,207) | 1,164 | 145 | (4,291) | 1,285 | ||
| Nonoperating income (expense) | 597 | (913) | (150) | 85 | ||||
| Other nonoperating income (expense) | 64 | (913) | (150) | 85 | ||||
| Interest and debt expense | 69 | (3,928) | ||||||
| Other undisclosed income from continuing operations before equity method investments, income taxes | ||||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 6,221 | (2,051) | 1,014 | 230 | (4,291) | (2,643) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (69) | 48 | 3,965 | |||||
| Income (loss) from continuing operations before income taxes: | 6,221 | (2,120) | 1,014 | 230 | (4,243) | 1,322 | ||
| Income tax expense | (1,458) | (92) | (10) | (431) | ||||
| Other undisclosed income (loss) from continuing operations | 1,458 | (686) | (51) | (457) | (496) | |||
| Income (loss) from continuing operations: | 6,221 | (2,120) | 236 | 169 | (5,131) | 826 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 236 | 169 | (5,131) | 826 | |
| Loss from discontinued operations | (10) | (368) | ||||||
| Other undisclosed net income | 51 | 457 | 496 | |||||
| Net income (loss): | 6,211 | (2,488) | 236 | 220 | (4,674) | 1,322 | ||
| Net income (loss) attributable to noncontrolling interest | (6) | (23) | (686) | (51) | (457) | (496) | ||
| Other undisclosed net income attributable to parent | 1,373 | 51 | 457 | 496 | ||||
| Net income (loss) available to common stockholders, diluted: | 6,206 | (2,510) | 922 | 220 | (4,674) | 1,322 | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 6,211 | (2,488) | 236 | 220 | (4,674) | 1,322 | ||
| Comprehensive income (loss): | 6,211 | (2,488) | 236 | 220 | (4,674) | 1,322 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (6) | (23) | (686) | (51) | (457) | (496) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 6,206 | (2,510) | (451) | 169 | (5,131) | 826 | ||
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.