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
Q1
12/31/2014
Q4
9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1380237  
Cash and cash equivalents1380237  
Receivables   (5)(5)  
Inventory, net of allowances, customer advances and progress billings131368
Inventory131368  
Prepaid expense 121212   
Other undisclosed current assets44971 
Total current assets:4210945171 
Noncurrent Assets
Property, plant and equipment44    
Total noncurrent assets:44    
TOTAL ASSETS:4711345171 
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1574364
Other undisclosed accounts payable and accrued liabilities1574364
Debt  0  01
Deferred compensation liability     148 
Derivative instruments and hedges, liabilities69079169478562
Due to related parties     763
Other undisclosed current liabilities2642776121(133)12
Total current liabilities:9691,0747591028481
Noncurrent Liabilities
Total liabilities:9691,0747591028481
Commitments and contingencies969     
Equity
Equity, attributable to parent, including:(922)(961)(714)(85)(83)(81)
Preferred stock      
Common stock3398876
Additional paid in capital3,6213,2843,2613,1082,9731,757
Deferred compensation equity (26)(39)(169)(432)(674) 
Accumulated deficit(4,550)(4,214)  (2,389) 
Other undisclosed equity, attributable to parent   (3,815)(2,770) (1,845)
Total equity:(922)(961)(714)(85)(83)(81)
Other undisclosed liabilities and equity(969)     
TOTAL LIABILITIES AND EQUITY:4711345171 

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

3/31/2015
Q1
12/31/2014
Q4
9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
Revenues(13)9 111
Revenue, net 9    
Cost of revenue
(Cost of Goods and Services Sold)
 (6)    
Other undisclosed gross profit 25 3   
Gross profit:1243111
Operating expenses(244)(305)(520)(346)(490)(21)
Other operating income, net
(Other Expenses)
  00   
Other undisclosed operating loss  (0)(0)  (0)
Operating loss:(232)(302)(517)(345)(488)(20)
Nonoperating income (expense)(104)(116)(528)36(56)(3)
Interest and debt expense22(51)(4)(18)(6)(3)
Loss from continuing operations:(314)(469)(1,049)(327)(550)(27)
Loss before gain (loss) on sale of properties:(314)(469)(1,049)(327)(550)(27)
Other undisclosed net income (loss)(22)  (54)(4) 
Net income (loss):(336)(469)(1,049)(381)(555)(27)
Other undisclosed net income (loss) attributable to parent 514 103
Net loss available to common stockholders, basic:(336)(418)(1,045)(381)(545)(23)
Other undisclosed net loss available to common stockholders, diluted (183,519)     
Net loss available to common stockholders, diluted:(183,855)(418)(1,045)(381)(545)(23)

Comprehensive Income ($ in thousands)

3/31/2015
Q1
12/31/2014
Q4
9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
Net income (loss):(336)(469)(1,049)(381)(555)(27)
Comprehensive income (loss), net of tax, attributable to parent:(336)(469)(1,049)(381)(555)(27)

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.

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