ML Capital Group Inc (MLCG) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
16810 AVENUE OF THE FOUNTAINS FOUNTAIN HILLS, AZ 85268 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6199 - Finance Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2015 MRQ | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 13 | ||||
| Cash and cash equivalents | 13 | ||||
| Inventory, net of allowances, customer advances and progress billings | 13 | ✕ | |||
| Inventory | 13 | ||||
| Prepaid expense | 12 | ||||
| Other undisclosed current assets | 4 | 1 | |||
| Total current assets: | 42 | 1 | |||
| Noncurrent Assets | |||||
| Property, plant and equipment | 4 | ||||
| Total noncurrent assets: | 4 | ||||
| TOTAL ASSETS: | 47 | 1 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities, including: | 15 | 6 | |||
| Other undisclosed accounts payable and accrued liabilities | 15 | 6 | |||
| Debt | 0 | ||||
| Deferred compensation liability | 148 | ||||
| Derivative instruments and hedges, liabilities | 690 | 56 | |||
| Due to related parties | 7 | ||||
| Other undisclosed current liabilities | 264 | (133) | |||
| Total current liabilities: | 969 | 84 | |||
| Noncurrent Liabilities | |||||
| Total liabilities: | 969 | 84 | |||
| Commitments and contingencies | 969 | ||||
| Equity | |||||
| Equity, attributable to parent | (922) | (83) | |||
| Common stock | 33 | 7 | |||
| Additional paid in capital | 3,621 | 2,973 | |||
| Deferred compensation equity | (26) | (674) | |||
| Accumulated deficit | (4,550) | (2,389) | |||
| Total equity: | (922) | (83) | |||
| Other undisclosed liabilities and equity | (969) | ||||
| TOTAL LIABILITIES AND EQUITY: | 47 | 1 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2015 TTM | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|
| Revenues | 2 | 2 | ||
| Revenue, net | 25 | |||
| Cost of revenue (Cost of Goods and Services Sold) | (7) | |||
| Other undisclosed gross profit | 25 | |||
| Gross profit: | 20 | 2 | ||
| Operating expenses | (1,414) | (771) | ||
| Operating loss: | (1,395) | (768) | ||
| Nonoperating expense | (767) | (62) | ||
| Interest and debt expense | (37) | (10) | ||
| Loss from continuing operations: | (2,198) | (840) | ||
| Loss before gain (loss) on sale of properties: | (2,198) | (840) | ||
| Other undisclosed net income | 37 | |||
| Net loss: | (2,161) | (840) | ||
| Other undisclosed net income attributable to parent | 10 | |||
| Net loss available to common stockholders, diluted: | (2,161) | (830) | ||
Comprehensive Income ($ in thousands)
| 3/31/2015 TTM | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|
| Net loss: | (2,161) | (840) | ||
| Comprehensive loss, net of tax, attributable to parent: | (2,161) | (840) | ||
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.