Micro Imaging Technology Inc (MMTC) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
23456 S POINTE DR LAGUNA HILLS, CA 92653-1512 |
| State of Incorp. | CA |
| Fiscal Year End | October 31 |
| Industry (SIC) | 6794 - Patent Owners and Lessors (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 7/31/2014 MRQ | 10/31/2013 | 10/31/2012 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 5,007 | 90,132 | |||
| Cash and cash equivalents | 5,007 | 90,132 | |||
| Inventory, net of allowances, customer advances and progress billings | 67,487 | 25,600 | |||
| Inventory | 67,487 | 25,600 | |||
| Prepaid expense | 897 | ✕ | |||
| Prepaid expense and other current assets | ✕ | ✕ | 31,120 | ||
| Other undisclosed current assets | 15,269 | ||||
| Total current assets: | 73,391 | 162,121 | |||
| Noncurrent Assets | |||||
| Property, plant and equipment | 111,570 | 123,041 | |||
| Total noncurrent assets: | 111,570 | 123,041 | |||
| TOTAL ASSETS: | 184,961 | 285,162 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 33,500 | ||||
| Accounts payable | 33,500 | ||||
| Debt | 351,318 | 142,000 | |||
| Derivative instruments and hedges, liabilities | 75,557 | ||||
| Other undisclosed current liabilities | 721,855 | 548,787 | |||
| Total current liabilities: | 1,182,230 | 690,787 | |||
| Noncurrent Liabilities | |||||
| Long-term debt and lease obligation | 46,950 | ||||
| Long-term debt, excluding current maturities | 46,950 | ||||
| Other undisclosed noncurrent liabilities | 26,000 | 25,156 | |||
| Total noncurrent liabilities: | 26,000 | 72,106 | |||
| Total liabilities: | 1,208,230 | 762,893 | |||
| Equity | |||||
| Equity, attributable to parent, including: | (1,023,269) | (477,731) | |||
| Common stock | 51,531 | 22,368,573 | |||
| Additional paid in capital | 45,335,031 | 22,565,177 | |||
| Retained earnings | 46,409,831 | 45,411,481 | |||
| Other undisclosed equity, attributable to parent | (92,819,662) | (90,822,962) | |||
| Total equity: | (1,023,269) | (477,731) | |||
| TOTAL LIABILITIES AND EQUITY: | 184,961 | 285,162 | |||
Income Statement (P&L) (USD)
| 7/31/2014 TTM | 10/31/2013 | 10/31/2012 | ||
|---|---|---|---|---|
| Operating expenses | (977,898) | (1,205,686) | ||
| Operating loss: | (977,898) | (1,205,686) | ||
| Nonoperating expense | (18,852) | (42,205) | ||
| Other nonoperating income | 39,427 | 285,919 | ||
| Interest and debt expense | (67,045) | (673,155) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 67,045 | 673,155 | ||
| Loss from continuing operations before income taxes: | (996,750) | (1,247,891) | ||
| Income tax expense | (1,600) | (1,600) | ||
| Loss from continuing operations: | (998,350) | (1,249,491) | ||
| Loss before gain (loss) on sale of properties: | (998,350) | (1,249,491) | ||
| Net loss: | (998,350) | (1,249,491) | ||
| Net loss attributable to noncontrolling interest | (131,721) | (92,409) | ||
| Other undisclosed net income attributable to parent | 2,128,421 | |||
| Net income (loss) attributable to parent: | 998,350 | (1,341,900) | ||
| Other undisclosed net income (loss) available to common stockholders, basic | (1,864,979) | 184,818 | ||
| Net loss available to common stockholders, diluted: | (866,629) | (1,157,082) | ||
Comprehensive Income (USD)
| 7/31/2014 TTM | 10/31/2013 | 10/31/2012 | ||
|---|---|---|---|---|
| Net loss: | (998,350) | (1,249,491) | ||
| Comprehensive loss: | (998,350) | (1,249,491) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 131,721 | 92,409 | ||
| Comprehensive loss, net of tax, attributable to parent: | (866,629) | (1,157,082) | ||
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.