M Line Holdings, Inc. (MLHC) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
2672 DOW AVENUE TUSTIN, CA 92780 |
| State of Incorp. | NV |
| Fiscal Year End | June 30 |
| Industry (SIC) | 354 - Metalworking Machinery And Equipment (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2015 MRQ | 6/30/2014 | 6/30/2013 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 47 | 182 | |||
| Cash and cash equivalent | 47 | 182 | |||
| Receivables | 222 | 1,666 | |||
| Inventory, net of allowances, customer advances and progress billings | 1,431 | 1,556 | |||
| Inventory | 1,431 | 1,556 | |||
| Other undisclosed current assets | (377) | ||||
| Total current assets: | 1,700 | 3,027 | |||
| Noncurrent Assets | |||||
| Property, plant and equipment | 402 | 557 | |||
| Deferred costs | 299 | ||||
| Other undisclosed noncurrent assets | 141 | (186) | |||
| Total noncurrent assets: | 543 | 670 | |||
| TOTAL ASSETS: | 2,243 | 3,697 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 5,968 | 3,356 | |||
| Employee-related liabilities | 2,023 | 1,934 | |||
| Accounts payable | 1,350 | 1,422 | |||
| Accrued liabilities | 2,595 | ||||
| Debt | 328 | 459 | |||
| Estimated litigation liability | 288 | 138 | |||
| Deferred revenue and credits | 10 | ||||
| Due to related parties | 72 | ||||
| Other undisclosed current liabilities | 1,801 | 3,048 | |||
| Total current liabilities: | 8,456 | 7,011 | |||
| Noncurrent Liabilities | |||||
| Long-term debt and lease obligation | 1,870 | 2,110 | |||
| Long-term debt, excluding current maturities | 1,824 | 2,019 | |||
| Capital lease obligations | 46 | 91 | |||
| Other undisclosed noncurrent liabilities | (1,700) | (1,791) | |||
| Total noncurrent liabilities: | 170 | 319 | |||
| Total liabilities: | 8,626 | 7,330 | |||
| Equity | |||||
| Equity, attributable to parent, including: | (6,383) | (3,633) | |||
| Preferred stock | 0 | 0 | |||
| Common stock | 243 | 70 | |||
| Common stock held by subsidiary | (2,100) | ||||
| Additional paid in capital | 12,847 | 10,741 | |||
| Accumulated deficit | (19,473) | (14,444) | |||
| Other undisclosed equity, attributable to parent | 2,100 | ||||
| Total equity: | (6,383) | (3,633) | |||
| TOTAL LIABILITIES AND EQUITY: | 2,243 | 3,697 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2015 TTM | 6/30/2014 | 6/30/2013 | ||
|---|---|---|---|---|
| Revenues (Revenue, Net) | 8,701 | 9,325 | ||
| Cost of revenue (Cost of Product and Service Sold) | (7,051) | (7,561) | ||
| Gross profit: | 1,650 | 1,763 | ||
| Operating expenses | (3,812) | (5,673) | ||
| Operating loss: | (2,161) | (3,909) | ||
| Nonoperating expense | (2,866) | (497) | ||
| Interest and debt expense | (1,919) | (497) | ||
| Loss from continuing operations before equity method investments, income taxes: | (6,946) | (4,904) | ||
| Other undisclosed income from continuing operations before income taxes | 497 | |||
| Loss from continuing operations before income taxes: | (6,946) | (4,407) | ||
| Income tax expense (benefit) | (2) | 14 | ||
| Loss from continuing operations: | (6,948) | (4,393) | ||
| Loss before gain (loss) on sale of properties: | (6,948) | (4,393) | ||
| Net loss: | (6,948) | (4,393) | ||
| Other undisclosed net income attributable to parent | 1,919 | |||
| Net loss available to common stockholders, diluted: | (5,029) | (4,393) | ||
Comprehensive Income ($ in thousands)
| 3/31/2015 TTM | 6/30/2014 | 6/30/2013 | ||
|---|---|---|---|---|
| Net loss: | (6,948) | (4,393) | ||
| Comprehensive loss, net of tax, attributable to parent: | (6,948) | (4,393) | ||
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.