Mendocino Brewing Co Inc (MENB) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1601 AIRPORT ROAD UKIAH,, CA 95482 |
| State of Incorp. | CA |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2082 - Malt Beverages (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2016 MRQ | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 130 | 145 | 325 | 199 | |||
| Cash and cash equivalents | 130 | 145 | 325 | 199 | |||
| Inventory, net of allowances, customer advances and progress billings | 1,547 | 2,118 | 2,242 | 1,911 | |||
| Inventory | 1,547 | 2,118 | 2,242 | 1,911 | |||
| Prepaid expense | 760 | 633 | 592 | ✕ | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | 515 | ||
| Other undisclosed current assets | 3,836 | 4,385 | 4,119 | 5,422 | |||
| Total current assets: | 6,272 | 7,280 | 7,278 | 8,046 | |||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 10,588 | 11,088 | 11,665 | 11,937 | |||
| Intangible assets, net (including goodwill) | ✕ | 30 | |||||
| Intangible assets, net (excluding goodwill) | 30 | ||||||
| Deposits noncurrent assets | 176 | 310 | 325 | 239 | |||
| Total noncurrent assets: | 10,764 | 11,398 | 11,989 | 12,206 | |||
| TOTAL ASSETS: | 17,036 | 18,679 | 19,267 | 20,252 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 6,398 | 6,629 | 6,362 | 7,346 | |||
| Accounts payable | 4,489 | 4,861 | 4,894 | 5,694 | |||
| Accrued liabilities | 1,909 | 1,769 | 1,468 | 1,652 | |||
| Debt | 3,379 | 3,919 | 4,453 | 453 | |||
| Due to related parties | 492 | 519 | |||||
| Other undisclosed current liabilities | 7,606 | 3,196 | 2,798 | 3,160 | |||
| Total current liabilities: | 17,874 | 14,263 | 13,613 | 10,959 | |||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 79 | 3,601 | 3,516 | 3,982 | |||
| Long-term debt, excluding current maturities | 3,589 | 3,498 | 3,982 | ||||
| Capital lease obligations | 79 | 12 | 18 | ||||
| Liabilities, other than long-term debt | 519 | ||||||
| Due to related parties | 519 | ||||||
| Other undisclosed noncurrent liabilities | 678 | 760 | 1,105 | 3,407 | |||
| Total noncurrent liabilities: | 758 | 4,880 | 4,621 | 7,389 | |||
| Total liabilities: | 18,631 | 19,144 | 18,233 | 18,348 | |||
| Equity | |||||||
| Equity, attributable to parent | (1,595) | (465) | 1,034 | 1,904 | |||
| Preferred stock | 228 | 228 | 228 | 228 | |||
| Common stock | 15,100 | 15,100 | 15,100 | 15,100 | |||
| Accumulated other comprehensive income | 472 | 454 | 414 | 406 | |||
| Accumulated deficit | (17,396) | (16,247) | (14,708) | (13,831) | |||
| Total equity: | (1,595) | (465) | 1,034 | 1,904 | |||
| TOTAL LIABILITIES AND EQUITY: | 17,036 | 18,679 | 19,267 | 20,252 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2016 TTM | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 31,692 | 34,655 | 36,418 | 40,336 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (21,916) | (25,102) | (27,464) | (30,448) | ||
| Other undisclosed gross profit | 1,051 | 911 | 914 | |||
| Gross profit: | 9,776 | 10,604 | 9,866 | 10,803 | ||
| Operating expenses | (10,429) | (11,523) | (10,131) | (9,867) | ||
| Operating income (loss): | (653) | (919) | (266) | 935 | ||
| Nonoperating expense (Other Nonoperating expense) | (492) | (620) | (607) | (374) | ||
| Interest and debt expense | (605) | (687) | (577) | (450) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (1,750) | (2,226) | (1,450) | 111 | ||
| Other undisclosed income from continuing operations before income taxes | 605 | 687 | 577 | 450 | ||
| Income (loss) from continuing operations before income taxes: | (1,145) | (1,540) | (873) | 561 | ||
| Income tax expense | (4) | (4) | (3) | |||
| Income (loss) from continuing operations: | (1,149) | (1,540) | (877) | 558 | ||
| Income (loss) before gain (loss) on sale of properties: | (1,149) | (1,540) | (877) | 558 | ||
| Net income (loss) available to common stockholders, diluted: | (1,149) | (1,540) | (877) | 558 | ||
Comprehensive Income ($ in thousands)
| 9/30/2016 TTM | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Net income (loss): | (1,149) | (1,540) | (877) | 558 | ||
| Comprehensive income (loss): | (1,149) | (1,540) | (877) | 558 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 18 | 41 | 7 | (117) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (1,130) | (1,499) | (870) | 441 | ||
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.