Momentous Entertainment Group Inc. (MMEG) financial statements (2021 and earlier)

Company profile

Business Address PO BOX 861
SUGAR LAND, TX 77487-0861
State of Incorp. NV
Fiscal Year End December 31
SIC 7819 - Services Allied to Motion Picture Production (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2017
Q3
6/30/2017
Q2
3/31/2017
Q1
12/31/2016
Q4
9/30/2016
Q3
6/30/2016
Q2
3/31/2016
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments118113160 21
Cash and cash equivalents118113160 21
Receivables 127     
Inventory, net of allowances, customer advances and progress billings    366
Inventory    366
Intangible current assets  2,618    
Other current assets5252     
Other undisclosed current assets149 (2,423)71888466
Total current assets:20119730887919093
Noncurrent Assets
Property, plant and equipment 5     
Intangible assets, net (including goodwill)3202,618     
Intangible assets, net (excluding goodwill)3202,618     
Prepaid expense18730     
Other undisclosed noncurrent assets  2,635    
Total noncurrent assets:5072,6522,635    
TOTAL ASSETS:7082,8492,94387919093
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities31141,33043,24816916113384
Accounts payable23540,61343,16914814712476
Accrued liabilities758580211498
Taxes payable 632     
Debt4218602,6354121022134
Derivative instruments and hedges, liabilities  1,085913   
Due to related parties3341838239677343343
Other liabilities2,1471,156     
Other undisclosed current liabilities37,139 (2,277)16453233495
Total current liabilities:40,35243,36445,0731,6849801,031556
Noncurrent Liabilities
Other undisclosed noncurrent liabilities      370
Total noncurrent liabilities:      370
Total liabilities:40,35243,36445,0731,6849801,031926
Stockholders' equity
Stockholders' equity attributable to parent, including:(39,644)(40,515)(42,130)(1,597)(889)(941)(833)
Preferred stock  0137000
Common stock7,9861,1286715211028786
Additional paid in capital(3,428)1,4151,4991,2811,4501,3481,274
Accumulated deficit(44,203)(43,059)(44,301)(3,535)(2,441)(2,376)(2,192)
Other undisclosed stockholders' equity attributable to parent00     
Total stockholders' equity:(39,644)(40,515)(42,130)(1,597)(889)(941)(833)
TOTAL LIABILITIES AND EQUITY:7082,8492,94387919093

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

9/30/2017
Q3
6/30/2017
Q2
3/31/2017
Q1
12/31/2016
Q4
9/30/2016
Q3
6/30/2016
Q2
3/31/2016
Q1
Other operating income(39,991)      
Gross profit:104138330  3
Operating expenses(853)1,410(40,966)(272)(121)(167)(246)
Other operating expense, net
(Other Expenses)
   (822)(63)(16)(229)
Other undisclosed operating income (loss)(2,297)(2,820) 8226316229
Operating loss:(3,046)(1,271)(40,933)(272)(121)(167)(244)
Nonoperating income8202,981     
Investment income, nonoperating(528)80     
Foreign currency transaction gain, before tax3,3442,755     
Other nonoperating income (expense)(1,540)243     
Interest and debt expense(455)(94)(12)(552)(7)(64)(219)
Income (loss) before gain (loss) on sale of properties:(2,681)1,616(40,945)(824)(128)(231)(463)
Other undisclosed net income (loss)  180(108)  (9)
Net income (loss):(2,681)1,616(40,765)(933)(128)(231)(472)
Other undisclosed net income (loss) attributable to parent(39,535)94 (161)7048 
Net income (loss) available to common stockholders, diluted:(42,217)1,710(40,765)(1,094)(58)(183)(472)

Comprehensive Income ($ in thousands)

9/30/2017
Q3
6/30/2017
Q2
3/31/2017
Q1
12/31/2016
Q4
9/30/2016
Q3
6/30/2016
Q2
3/31/2016
Q1
Net income (loss):(2,681)1,616(40,765)(933)(128)(231)(472)
Comprehensive income (loss), net of tax, attributable to parent:(2,681)1,616(40,765)(933)(128)(231)(472)

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.

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