Northstar Electronics, Inc. (NEIK) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
1000-355 BURRARD ST. VANCOUVER, BC V6C 2G8 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3663 - Radio and Television Broadcasting and Communications Equipment (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 22 | 40 | 171 | 16 | 6 | 24 | 17 | ||
| Cash and cash equivalents | 22 | 40 | 171 | 16 | 6 | 24 | 17 | ||
| Prepaid expense | 7 | ||||||||
| Deferred costs | 697 | ||||||||
| Other undisclosed current assets | (697) | ||||||||
| Total current assets: | 22 | 40 | 171 | 16 | 13 | 24 | 17 | ||
| Noncurrent Assets | |||||||||
| TOTAL ASSETS: | 22 | 40 | 171 | 16 | 13 | 24 | 17 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 880 | 1,221 | 1,110 | 941 | 806 | 316 | 409 | ||
| Interest and dividends payable | 17 | 17 | 17 | 17 | |||||
| Accounts payable | 526 | 221 | 260 | 500 | 484 | ||||
| Accrued liabilities | 355 | 1,000 | 851 | 441 | 323 | ||||
| Other undisclosed accounts payable and accrued liabilities | (17) | (17) | 299 | 392 | |||||
| Debt | 443 | 443 | 443 | 434 | 434 | 424 | 422 | ||
| Estimated litigation liability | 3,137 | ||||||||
| Due to related parties | 950 | 616 | 521 | 425 | 315 | 500 | 455 | ||
| Other liabilities | 3,100 | 2,856 | 3,001 | 2,707 | |||||
| Total current liabilities: | 5,410 | 5,380 | 4,930 | 4,801 | 4,262 | 1,240 | 1,286 | ||
| Noncurrent Liabilities | |||||||||
| Total liabilities: | 5,410 | 5,380 | 4,930 | 4,801 | 4,262 | 1,240 | 1,286 | ||
| Equity | |||||||||
| Equity, attributable to parent, including: | (5,388) | (5,340) | (4,759) | (4,785) | (4,249) | (1,216) | (1,268) | ||
| Preferred stock | 404 | 404 | 404 | 404 | 436 | 456 | 456 | ||
| Common stock | 13 | 13 | 13 | 10 | 9 | 8 | 7 | ||
| Common stock, value, subscriptions | (5) | ||||||||
| Additional paid in capital | 8,609 | 8,609 | 8,609 | 8,333 | 8,195 | 8,106 | 8,051 | ||
| Accumulated other comprehensive income | 28 | 28 | |||||||
| Accumulated deficit | (14,414) | (14,366) | (13,785) | (13,527) | (12,888) | (13,347) | (13,239) | ||
| Other undisclosed equity, attributable to parent | 3,533 | 3,428 | |||||||
| Total equity: | (5,388) | (5,340) | (4,759) | (4,785) | (4,249) | (1,216) | (1,268) | ||
| TOTAL LIABILITIES AND EQUITY: | 22 | 40 | 171 | 16 | 13 | 24 | 17 | ||
Income Statement (P&L) ($ in thousands)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 14 | 47 | 5 | 11 | ||||
| Financial services revenue | ✕ | ✕ | 14 | 47 | 5 | |||
| Gross profit: | 14 | 47 | 5 | 11 | ||||
| Operating expenses | (18) | (104) | (157) | (538) | (363) | (108) | (86) | |
| Other undisclosed operating loss | (14) | (47) | ||||||
| Operating loss: | (18) | (104) | (157) | (538) | (358) | (108) | (76) | |
| Nonoperating expense | (148) | (237) | (208) | (240) | ||||
| Loss, foreign currency transaction, before tax | (148) | (237) | (208) | (69) | ||||
| Other nonoperating expense | (172) | |||||||
| Interest and debt expense | (98) | (101) | (101) | (103) | 106 | |||
| Loss from continuing operations before equity method investments, income taxes: | (18) | (350) | (495) | (847) | (702) | (3) | (76) | |
| Other undisclosed income (loss) from continuing operations before income taxes | (81) | 338 | 2 | (1,732) | ||||
| Loss from continuing operations before income taxes: | (18) | (432) | (495) | (847) | (363) | (1) | (1,808) | |
| Income tax expense (benefit) | 10 | (50) | ||||||
| Loss from continuing operations: | (8) | (482) | (495) | (847) | (363) | (1) | (1,808) | |
| Loss before gain (loss) on sale of properties: | (8) | (482) | (495) | (847) | (363) | (1) | (1,808) | |
| Other undisclosed net loss | (41) | (98) | ||||||
| Net loss: | (49) | (580) | (495) | (847) | (363) | (1) | (1,808) | |
| Other undisclosed net income (loss) attributable to parent | 237 | 208 | (172) | (108) | 1,732 | |||
| Net loss available to common stockholders, diluted: | (49) | (580) | (258) | (639) | (535) | (108) | (76) | |
Comprehensive Income ($ in thousands)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (49) | (580) | (495) | (847) | (363) | (1) | (1,808) | |
| Comprehensive loss: | (49) | (580) | (495) | (847) | (363) | (1) | (1,808) | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (2) | 1,732 | ||||||
| Comprehensive loss, net of tax, attributable to parent: | (49) | (580) | (495) | (847) | (363) | (3) | (76) | |
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.