Medical Innovation Holdings, Inc. (MIHI) financial statements (2020 and earlier)

Company profile

Business Address 5805 STATE BRIDGE ROAD
DULUTH, GA 30097
State of Incorp. CO
Fiscal Year End April 30
SIC 373 - Ship And Boat Building And Repairing (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

4/30/2017
4/30/2016
4/30/2015
4/30/2014
4/30/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments921105
Cash and cash equivalents921105
Inventory, net of allowances, customer advances and progress billings  8094194
Inventory  8094194
Other undisclosed current assets    7
Total current assets:929194206
Noncurrent Assets
Property, plant and equipment  48208243
Intangible assets, net (including goodwill)   91
Intangible assets, net (excluding goodwill)    91
Prepaid expense  9919
Other undisclosed noncurrent assets    (91)
Total noncurrent assets:  57217261
TOTAL ASSETS:92148311468
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:8052042,1252,9351,367
Accounts payable 204659701657
Accrued liabilities273 1,4661,220710
Employee-related liabilities   991 
Taxes payable   23 
Other undisclosed accounts payable and accrued liabilities532    
Debt322442330344129
Deferred compensation liability  118 
Due to related parties 1847148150
Customer advances and deposits  3062
Other undisclosed current liabilities   (1,015)1,329
Total current liabilities:1,1276643,2432,7552,875
Noncurrent Liabilities
Total liabilities:1,1276643,2432,7552,875
Stockholders' equity
Stockholders' equity attributable to parent, including:(1,118)(662)(3,095)(2,444)(2,407)
Preferred stock   380360
Common stock437666
Additional paid in capital441(37)4,9084,8884,880
Accumulated deficit(1,563)(662)(8,369)(7,718)(7,673)
Other undisclosed stockholders' equity attributable to parent  360 20
Total stockholders' equity:(1,118)(662)(3,095)(2,444)(2,407)
TOTAL LIABILITIES AND EQUITY:92148311468

Income statement (P&L) ($ in thousands)

4/30/2017
4/30/2016
4/30/2015
4/30/2014
4/30/2013
Revenues  2392,1251,355
Cost of revenue
(Cost of Goods and Services Sold)
  (258)(1,405)(1,073)
Gross profit:  (19)720282
Operating expenses(841)(662)(411)(731)(662)
Other undisclosed operating income (loss)1,6811,324(168) 0
Operating income (loss):841662(598)(11)(379)
Nonoperating income (expense)60 (53)(34)2
Other nonoperating income60 3041 
Interest and debt expense  (83)(75)(40)
Other undisclosed income from continuing operations before equity method investments, income taxes  8375 
Net income (loss):901662(651)(44)(417)
Other undisclosed net loss attributable to parent(1,802)(1,324)   
Net loss available to common stockholders, diluted:(901)(662)(651)(44)(417)

Comprehensive Income ($ in thousands)

4/30/2017
4/30/2016
4/30/2015
4/30/2014
4/30/2013
Net income (loss):901662(651)(44)(417)
Comprehensive income (loss), net of tax, attributable to parent:901662(651)(44)(417)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: