LZG International, Inc. (LZGI) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
135 WEST 41ST STREET NEW YORK, NY 10036 |
| State of Incorp. | FL |
| Fiscal Year End | May 31 |
| Industry (SIC) | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 5/31/2022 | 11/30/2021 TTM | 5/31/2021 | 5/31/2020 | 5/31/2019 | 5/31/2018 | 5/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 82 | 45 | 5 | 2 | 0 | 1 | 1 | ||
| Cash and cash equivalents | 82 | 45 | 5 | 2 | 0 | 1 | 1 | ||
| Receivables | 155 | ||||||||
| Intangible current assets | 8,310 | ||||||||
| Other undisclosed current assets | 1,485 | ||||||||
| Total current assets: | 10,031 | 45 | 5 | 2 | 0 | 1 | 1 | ||
| Noncurrent Assets | |||||||||
| Intangible assets, net (including goodwill) | 11,643 | 340 | |||||||
| Intangible assets, net (excluding goodwill) | 11,643 | 340 | |||||||
| Other undisclosed noncurrent assets | (178) | ||||||||
| Total noncurrent assets: | 11,465 | 340 | |||||||
| TOTAL ASSETS: | 21,496 | 385 | 5 | 2 | 0 | 1 | 1 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 52 | 34 | 0 | 20 | 16 | 93 | |||
| Accounts payable | 2 | 1 | 0 | 93 | |||||
| Accrued liabilities | 50 | ||||||||
| Interest and dividends payable | 33 | 20 | 16 | ||||||
| Deferred revenue | 86 | ✕ | ✕ | ✕ | |||||
| Debt | 95 | 70 | 59 | 59 | 51 | ||||
| Due to related parties | 152 | 125 | 119 | 6 | 99 | ||||
| Other undisclosed current liabilities | 3,012 | 6 | 55 | 41 | 106 | 0 | 57 | ||
| Total current liabilities: | 3,150 | 287 | 250 | 219 | 192 | 166 | 150 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 45 | 43 | 41 | 37 | |||||
| Other undisclosed long-term debt and lease obligation | 45 | 43 | 41 | 37 | |||||
| Liabilities, other than long-term debt | 46 | 24 | |||||||
| Accounts payable and accrued liabilities | 22 | ||||||||
| Due to related parties | 24 | 24 | |||||||
| Other undisclosed noncurrent liabilities | 16 | ||||||||
| Total noncurrent liabilities: | 46 | 45 | 43 | 41 | 39 | 37 | |||
| Total liabilities: | 3,150 | 333 | 295 | 262 | 233 | 205 | 187 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 18,346 | 52 | (290) | (260) | (232) | (204) | (186) | ||
| Common stock | 145 | 10 | 0 | 0 | 0 | 0 | 0 | ||
| Additional paid in capital | 22,474 | 3,401 | 3,063 | 3,063 | 3,063 | 3,063 | 3,063 | ||
| Accumulated deficit | (4,273) | (3,359) | (3,353) | (3,323) | (3,296) | (3,268) | (3,249) | ||
| Stockholders' equity note, subscriptions receivable | (12) | ||||||||
| Other undisclosed stockholders' equity attributable to parent | 12 | ||||||||
| Total stockholders' equity: | 18,346 | 52 | (290) | (260) | (232) | (204) | (186) | ||
| TOTAL LIABILITIES AND EQUITY: | 21,496 | 385 | 5 | 2 | 0 | 1 | 1 | ||
Income Statement (P&L) ($ in thousands) Annual | Quarterly
| 5/31/2022 | 11/30/2021 TTM | 5/31/2021 | 5/31/2020 | 5/31/2019 | 5/31/2018 | 5/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 216 | 43 | ||||||
| Sales-type lease, revenue | 216 | ✕ | ✕ | ✕ | ||||
| Revenue from related parties | 215 | ✕ | ✕ | |||||
| Cost of revenue | (43) | |||||||
| Other undisclosed gross profit | (8) | |||||||
| Gross profit: | 174 | 35 | ||||||
| Operating expenses | (1,075) | (38) | (14) | (13) | (14) | (13) | (13) | |
| Other operating expense, net (Other Expenses) | (16) | (15) | (14) | (6) | (5) | |||
| Other undisclosed operating income | 16 | 15 | 14 | 6 | 5 | |||
| Operating loss: | (901) | (3) | (14) | (13) | (14) | (13) | (13) | |
| Nonoperating income (expense) | 130 | (4) | ||||||
| Investment income, nonoperating | 130 | |||||||
| Other nonoperating expense | (4) | |||||||
| Interest and debt expense | (4) | (6) | (5) | (5) | (4) | (4) | (3) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 12 | |||||||
| Loss from continuing operations before equity method investments, income taxes: | (775) | (1) | (19) | (18) | (18) | (17) | (17) | |
| Other undisclosed loss from continuing operations before income taxes | (3) | |||||||
| Loss from continuing operations before income taxes: | (775) | (3) | (19) | (18) | (18) | (17) | (17) | |
| Income tax expense | (6) | (6) | (6) | (4) | ||||
| Other undisclosed loss from continuing operations | (6) | |||||||
| Net loss: | (775) | (10) | (25) | (24) | (24) | (21) | (17) | |
| Other undisclosed net income (loss) attributable to parent | (145) | (10) | (5) | (4) | (4) | 2 | (2) | |
| Net loss available to common stockholders, diluted: | (920) | (20) | (30) | (28) | (28) | (19) | (19) | |
Comprehensive Income ($ in thousands)Annual | Quarterly
| 5/31/2022 | 11/30/2021 TTM | 5/31/2021 | 5/31/2020 | 5/31/2019 | 5/31/2018 | 5/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (775) | (10) | (25) | (24) | (24) | (21) | (17) | |
| Comprehensive loss, net of tax, attributable to parent: | (775) | (10) | (25) | (24) | (24) | (21) | (17) | |
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.