Micro Imaging Technology Inc (MMTC) Financial Statements (2024 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)Annual | Quarterly
| 7/31/2014 Q3 | 4/30/2014 Q2 | 1/31/2014 Q1 | 10/31/2013 Q4 | 7/31/2013 Q3 | 4/30/2013 Q2 | 1/31/2013 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 5,007 | 514 | 13,143 | 2,962 | |||||
| Cash and cash equivalents | 5,007 | 514 | 13,143 | 2,962 | |||||
| Inventory, net of allowances, customer advances and progress billings | 67,487 | 67,487 | 67,487 | 67,487 | 67,487 | 67,487 | |||
| Inventory | 67,487 | 67,487 | 67,487 | 67,487 | 67,487 | 67,487 | |||
| Prepaid expense | 4,284 | 2,928 | 897 | 4,720 | ✕ | ||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | 4,720 | 16,141 | ||
| Other undisclosed current assets | 2,000 | 12,015 | |||||||
| Total current assets: | 71,771 | 70,415 | 73,391 | 72,721 | 87,350 | 98,605 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 82,168 | 97,186 | 111,570 | ||||||
| Other undisclosed noncurrent assets | 91,679 | 104,401 | 113,777 | ||||||
| Total noncurrent assets: | 82,168 | 97,186 | 111,570 | 91,679 | 104,401 | 113,777 | |||
| TOTAL ASSETS: | 153,939 | 167,601 | 184,961 | 164,400 | 191,751 | 212,382 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 33,500 | 31,500 | |||||||
| Interest and dividends payable | |||||||||
| Employee-related liabilities | |||||||||
| Accounts payable | 33,500 | 31,500 | |||||||
| Accrued liabilities | |||||||||
| Debt | 398,962 | 408,801 | 351,318 | 289,818 | 164,500 | 142,000 | |||
| Derivative instruments and hedges, liabilities | 75,557 | ||||||||
| Due to related parties | |||||||||
| Other undisclosed current liabilities | 1,064,128 | 963,347 | 721,855 | 741,468 | 729,847 | 635,996 | |||
| Total current liabilities: | 1,463,090 | 1,372,148 | 1,182,230 | 1,062,786 | 894,347 | 777,996 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,950 | 46,950 | |||||||
| Long-term debt, excluding current maturities | 1,950 | 46,950 | |||||||
| Other undisclosed noncurrent liabilities | 26,000 | 26,000 | 26,000 | 26,000 | 25,990 | 3,238 | |||
| Total noncurrent liabilities: | 26,000 | 26,000 | 26,000 | 26,000 | 27,940 | 50,188 | |||
| Total liabilities: | 1,489,090 | 1,398,148 | 1,208,230 | 1,088,786 | 922,287 | 828,184 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (1,335,151) | (1,230,547) | (1,023,269) | (924,386) | (730,536) | (615,802) | |||
| Common stock | 58,426 | 53,814 | 51,531 | 50,331 | 49,455 | 47,250 | |||
| Additional paid in capital | 45,769,292 | 45,699,303 | 45,335,031 | 45,276,631 | 45,230,688 | 45,043,499 | |||
| Retained earnings (accumulated deficit) | 46,409,831 | ||||||||
| Other undisclosed equity, attributable to parent | (47,162,869) | (46,983,664) | (92,819,662) | (46,251,348) | (46,010,679) | (45,706,551) | |||
| Total equity: | (1,335,151) | (1,230,547) | (1,023,269) | (924,386) | (730,536) | (615,802) | |||
| TOTAL LIABILITIES AND EQUITY: | 153,939 | 167,601 | 184,961 | 164,400 | 191,751 | 212,382 | |||
Income Statement (P&L) (USD)Annual | Quarterly
| 7/31/2014 Q3 | 4/30/2014 Q2 | 1/31/2014 Q1 | 10/31/2013 Q4 | 7/31/2013 Q3 | 4/30/2013 Q2 | 1/31/2013 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Operating expenses | (157,734) | (467,924) | (167,976) | (224,326) | (300,050) | (285,546) | ||
| Operating loss: | (157,734) | (467,924) | (167,976) | (224,326) | (300,050) | (285,546) | ||
| Nonoperating income (expense) | (21,471) | (104,309) | 9,493 | (16,343) | (4,078) | (7,924) | ||
| Other nonoperating income (expense) | 42,043 | (2,616) | ||||||
| Interest and debt expense | (47,753) | (34,632) | (38,992) | (16,038) | (4,080) | (7,935) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 47,753 | 34,632 | 38,992 | 16,038 | 4,080 | 7,935 | ||
| Loss from continuing operations before income taxes: | (179,205) | (572,233) | (158,483) | (240,669) | (304,128) | (293,470) | ||
| Income tax expense | (1,600) | (1,600) | ||||||
| Loss from continuing operations: | (179,205) | (573,833) | (158,483) | (240,669) | (304,128) | (295,070) | ||
| Loss before gain (loss) on sale of properties: | (179,205) | (573,833) | (158,483) | (240,669) | (304,128) | (295,070) | ||
| Other undisclosed net loss | (13,727) | |||||||
| Net loss: | (179,205) | (573,833) | (158,483) | (254,396) | (304,128) | (295,070) | ||
| Net loss attributable to noncontrolling interest | (22,938) | (48,657) | (20,021) | (16,038) | (43,097) | (39,955) | ||
| Other undisclosed net income attributable to parent | 2,128,421 | |||||||
| Net income (loss) attributable to parent: | (202,143) | (622,490) | 1,949,917 | (270,434) | (347,225) | (335,025) | ||
| Other undisclosed net income (loss) available to common stockholders, basic | 45,876 | 97,314 | (2,088,379) | 32,076 | 86,194 | 79,910 | ||
| Net loss available to common stockholders, diluted: | (156,267) | (525,176) | (138,462) | (238,358) | (261,031) | (255,115) | ||
Comprehensive Income (USD)Annual | Quarterly
| 7/31/2014 Q3 | 4/30/2014 Q2 | 1/31/2014 Q1 | 10/31/2013 Q4 | 7/31/2013 Q3 | 4/30/2013 Q2 | 1/31/2013 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (179,205) | (573,833) | (158,483) | (254,396) | (304,128) | (295,070) | ||
| Comprehensive loss: | (179,205) | (573,833) | (158,483) | (254,396) | (304,128) | (295,070) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 22,938 | 48,657 | 20,021 | 16,038 | 43,097 | 39,955 | ||
| Comprehensive loss, net of tax, attributable to parent: | (156,267) | (525,176) | (138,462) | (238,358) | (261,031) | (255,115) | ||
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.