Video River Networks, Inc. (NIHK) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
1333 N. BUFFALO DR. LAS VEGAS, NV 89128 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 65 - Real Estate (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 113 | 208 | 294 | 489 | 525 | 1,147 | |||
| Cash and cash equivalents | 20 | 65 | 91 | 76 | 75 | 701 | |||
| Short-term investments | 93 | 143 | 204 | 413 | 450 | 446 | |||
| Other undisclosed current assets | (1) | ||||||||
| Total current assets: | 113 | 208 | 294 | 489 | 524 | 1,147 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 88 | 101 | 147 | 133 | |||||
| Long-term investments and receivables | 2,247 | 7,687 | 9,103 | 7,491 | 6,115 | ||||
| Due from related parties | ✕ | ✕ | 553 | 102 | 2,655 | 2,600 | 2,609 | ||
| Long-term investments | 2,217 | 2,069 | 1,953 | 1,847 | |||||
| Accounts and financing receivable, after allowance for credit loss | 1,693 | 5,368 | 4,378 | 2,938 | 1,659 | ||||
| Other receivable, after allowance for credit loss | 453 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed noncurrent assets | 3,092 | 862 | 2,691 | 102 | 251 | 329 | |||
| Total noncurrent assets: | 3,633 | 3,210 | 10,525 | 9,338 | 7,742 | 6,443 | |||
| TOTAL ASSETS: | 3,747 | 3,418 | 10,820 | 9,826 | 8,265 | 7,590 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 2 | 3 | 1 | 1 | 1 | 1 | |||
| Accrued liabilities | 2 | 3 | 1 | 1 | 1 | 1 | |||
| Debt | 24 | ||||||||
| Total current liabilities: | 2 | 3 | 1 | 1 | 1 | 24 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 468 | 420 | 1,277 | 1,277 | 690 | 589 | |||
| Long-term debt, excluding current maturities | 468 | 420 | 1,277 | 1,277 | 690 | 589 | |||
| Liabilities, other than long-term debt | 5,248 | 4,748 | 4,748 | 4,748 | |||||
| Due to related parties | ✕ | ✕ | 5,248 | 4,748 | 4,748 | 4,748 | |||
| Total noncurrent liabilities: | 468 | 420 | 6,525 | 6,025 | 5,438 | 5,337 | |||
| Total liabilities: | 470 | 423 | 6,526 | 6,026 | 5,439 | 5,361 | |||
| Equity | |||||||||
| Equity, attributable to parent | 3,276 | 2,995 | 4,294 | 3,801 | 2,827 | 2,229 | |||
| Common stock | 182 | 182 | 182 | 182 | 178 | 178 | |||
| Additional paid in capital | 19,207 | 19,207 | 19,207 | 19,207 | 19,211 | 19,211 | |||
| Accumulated deficit | (16,112) | (16,394) | (15,095) | (15,588) | (16,562) | (17,160) | |||
| Total equity: | 3,276 | 2,995 | 4,294 | 3,801 | 2,827 | 2,229 | |||
| TOTAL LIABILITIES AND EQUITY: | 3,747 | 3,418 | 10,820 | 9,826 | 8,265 | 7,590 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 381 | (6,251) | 1,036 | 2,071 | 7,799 | 1,437 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (60) | 7,125 | (442) | (983) | (7,068) | 61 | ||
| Other undisclosed gross profit | (788) | (0) | ||||||
| Gross profit: | 321 | 85 | 594 | 1,088 | 731 | 1,498 | ||
| Operating expenses | (39) | (1,385) | (101) | (114) | (135) | (74) | ||
| Operating income (loss): | 282 | (1,300) | 494 | 974 | 596 | 1,424 | ||
| Interest and debt expense | (0) | (0) | 0 | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 282 | (1,300) | 494 | 974 | 596 | 1,424 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 0 | 0 | (0) | |||||
| Income (loss) from continuing operations: | 282 | (1,300) | 494 | 974 | 596 | 1,424 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 494 | 974 | 596 | 1,424 | |
| Other undisclosed net income | 4 | 0 | ||||||
| Net income (loss): | 282 | (1,296) | 494 | 974 | 596 | 1,424 | ||
| Other undisclosed net income (loss) attributable to parent | (4) | 4 | (164) | |||||
| Net income (loss) attributable to parent: | 282 | (1,300) | 494 | 974 | 599 | 1,260 | ||
| Preferred stock dividends and other adjustments | (0) | |||||||
| Other undisclosed net income available to common stockholders, basic | 0 | |||||||
| Net income (loss) available to common stockholders, diluted: | 282 | (1,300) | 494 | 974 | 599 | 1,260 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 282 | (1,296) | 494 | 974 | 596 | 1,424 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 282 | (1,296) | 494 | 974 | 596 | 1,424 | ||
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.