OZOP ENERGY SOLUTIONS, INC. (OZSC) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
55 RONALD REAGAN BLVD. WARWICK, NY 10990 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 369 - Miscellaneous Electrical Machinery, Equipment, and Supplies (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,446 | 1,369 | 6,767 | 1,808 | 11 | 51 | |||
| Cash and cash equivalent | 1,446 | 1,369 | 6,767 | 1,808 | 11 | 51 | |||
| Receivables | 169 | 173 | 1,299 | 0 | 46 | ||||
| Inventory, net of allowances, customer advances and progress billings | 1,090 | 3,601 | 1,066 | 359 | 378 | ||||
| Inventory | 1,090 | 3,601 | 1,066 | 359 | 378 | ||||
| Prepaid expense | 8 | ||||||||
| Contract with customer, asset, after allowance for credit loss | 3,054 | 875 | |||||||
| Other undisclosed current assets | 75 | 59 | 152 | 10 | 0 | 103 | |||
| Total current assets: | 2,780 | 8,257 | 10,159 | 2,178 | 397 | 199 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 372 | 508 | 708 | 150 | ✕ | ||||
| Property, plant and equipment | 619 | 712 | 133 | 61 | 358 | 7 | |||
| Intangible assets, net (including goodwill) | 5,094 | 453 | |||||||
| Goodwill | 2,197 | 239 | |||||||
| Intangible assets, net (excluding goodwill) | 2,897 | 214 | |||||||
| Other noncurrent assets | 13 | 13 | 568 | ||||||
| Other undisclosed noncurrent assets | (0) | ||||||||
| Total noncurrent assets: | 1,005 | 1,233 | 1,409 | 210 | 5,452 | 460 | |||
| TOTAL ASSETS: | 3,785 | 9,489 | 11,568 | 2,388 | 5,849 | 659 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 8,027 | 5,089 | 3,246 | 1,678 | 459 | 298 | |||
| Other undisclosed accounts payable and accrued liabilities | 8,027 | 5,089 | 3,246 | 1,678 | 459 | 298 | |||
| Deferred revenue | 21 | 18 | ✕ | ||||||
| Debt | 18,838 | 4,582 | 13,011 | 2,929 | 3,251 | 844 | |||
| Derivative instruments and hedges, liabilities | 1,216 | 4,314 | 20,967 | 1,238 | 2,463 | 1,200 | |||
| Disposal group, including discontinued operation | 1,038 | 1,060 | |||||||
| Due to related parties | ✕ | ✕ | 9 | 471 | 553 | ||||
| Other undisclosed current liabilities | 663 | 764 | 1,139 | 1,014 | 1,229 | 113 | |||
| Total current liabilities: | 29,782 | 15,809 | 38,385 | 6,886 | 7,873 | 3,008 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 284 | 14,273 | 907 | 464 | 1 | ||||
| Long-term debt, excluding current maturities | 284 | 14,273 | 389 | 389 | 1 | ||||
| Liabilities, other than long-term debt | 236 | 384 | 25 | 46 | 2,892 | ||||
| Deferred revenue | 25 | 46 | ✕ | ||||||
| Other liabilities | 2,892 | ||||||||
| Operating lease, liability | 236 | 384 | 518 | 74 | ✕ | ||||
| Other undisclosed noncurrent liabilities | 250 | ||||||||
| Total noncurrent liabilities: | 521 | 14,657 | 932 | 510 | 3,144 | ||||
| Total liabilities: | 30,303 | 30,466 | 39,317 | 7,396 | 11,016 | 3,008 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (25,733) | (20,192) | (27,494) | (5,008) | (5,167) | (2,348) | |||
| Preferred stock | 0 | ||||||||
| Common stock | 5,482 | 4,771 | 4,617 | 3,398 | 0 | 29 | |||
| Treasury stock, value | (11,250) | (11,250) | (11,250) | ||||||
| Common stock, share subscribed but unissued, subscriptions receivable | (8) | (8) | |||||||
| Additional paid in capital | 198,705 | 197,587 | 196,464 | 13,387 | 5,091 | 1,960 | |||
| Deferred compensation equity | (49) | (269) | |||||||
| Accumulated other comprehensive income (loss) | (0) | 7 | 8 | ||||||
| Accumulated deficit | (218,670) | (211,301) | (217,327) | (21,793) | (10,209) | (4,069) | |||
| Other undisclosed equity, attributable to parent | 1 | 1 | 1 | 0 | 0 | ||||
| Equity, attributable to noncontrolling interest | (785) | (785) | (255) | ||||||
| Total equity: | (26,518) | (20,977) | (27,749) | (5,008) | (5,167) | (2,348) | |||
| TOTAL LIABILITIES AND EQUITY: | 3,785 | 9,489 | 11,568 | 2,388 | 5,849 | 659 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 4,761 | 16,629 | 11,929 | 1,411 | 317 | 157 | ||
| Cost of revenue | (5,368) | (15,282) | (10,342) | (1,404) | (57) | (40) | ||
| Cost of product and service sold | (5,368) | (15,282) | (10,342) | (1,404) | (57) | (40) | ||
| Gross profit: | (607) | 1,348 | 1,586 | 7 | 260 | 118 | ||
| Operating expenses | (5,645) | (5,959) | (14,388) | (17,585) | (2,713) | (1,562) | ||
| Operating loss: | (6,252) | (4,612) | (12,802) | (17,578) | (2,452) | (1,444) | ||
| Nonoperating income (expense) | (1,139) | 10,764 | (182,501) | 2,905 | 3,688 | (1,047) | ||
| Other nonoperating expense | (1,047) | |||||||
| Interest and debt expense | (4,351) | (8,439) | (95,450) | 196 | 861 | 662 | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (11,742) | (2,287) | (290,753) | (14,478) | 2,097 | (1,829) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 4,351 | 8,439 | 95,450 | (6,005) | (8,237) | |||
| Income (loss) from continuing operations: | (7,391) | 6,152 | (195,303) | (20,483) | (6,140) | (1,829) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (195,303) | (20,483) | (6,140) | (1,829) | |
| Income (loss) from discontinued operations | 21 | (656) | ||||||
| Net income (loss): | (7,370) | 5,496 | (195,303) | (20,483) | (6,140) | (1,829) | ||
| Net income attributable to noncontrolling interest | 530 | 255 | ||||||
| Other undisclosed net loss attributable to parent | (662) | |||||||
| Net income (loss) available to common stockholders, basic: | (7,370) | 6,026 | (195,048) | (20,483) | (6,140) | (2,491) | ||
| Interest on convertible debt | 110 | |||||||
| Net income (loss) available to common stockholders, diluted: | (7,370) | 6,026 | (195,048) | (20,483) | (6,030) | (2,491) | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (7,370) | 5,496 | (195,303) | (20,483) | (6,140) | (1,829) | ||
| Comprehensive income (loss): | (7,370) | 5,496 | (195,303) | (20,483) | (6,140) | (1,829) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 530 | 255 | ||||||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (0) | (1) | (662) | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | (7,370) | 6,026 | (195,048) | (20,483) | (6,141) | (2,491) | ||
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.