Amerinac Holding Corp. (PAOS) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
5936 STATE ROUTE 159 CHILLICOTHE, OH 45601 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 5072 - Hardware (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2020 MRQ | 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 | 57 | 360 | 348 | 83 | 82 | 66 | |||
| Cash and cash equivalents | 57 | 360 | 348 | 83 | 82 | 66 | |||
| Receivables | 419 | 3,801 | 2,826 | 1,985 | 2,122 | 1,920 | |||
| Inventory, net of allowances, customer advances and progress billings | 7,057 | 5,581 | 3,484 | 8,982 | 9,706 | 9,639 | |||
| Inventory | 7,057 | 5,581 | 3,484 | 8,982 | 9,706 | 9,639 | |||
| Other current assets | 155 | 231 | 337 | 101 | 144 | 201 | |||
| Other undisclosed current assets | 3,805 | 1,000 | |||||||
| Total current assets: | 11,492 | 9,973 | 7,995 | 11,152 | 12,054 | 11,826 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 1,092 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Operating lease, right-of-use asset | 242 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 6,005 | 187 | 16 | 38 | |||||
| Intangible assets, net (including goodwill) | 55 | 55 | 55 | ||||||
| Goodwill | 55 | 55 | 55 | ||||||
| Deposits noncurrent assets | 7 | 7 | |||||||
| Other noncurrent assets | 66 | 52 | 52 | 7 | |||||
| Other undisclosed noncurrent assets | 1,624 | 2,067 | 1,907 | ||||||
| Total noncurrent assets: | 9,083 | 2,174 | 2,014 | 194 | 23 | 45 | |||
| Other undisclosed assets | 6,125 | 6,242 | |||||||
| TOTAL ASSETS: | 20,576 | 18,272 | 16,250 | 11,346 | 12,077 | 11,871 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 3,284 | 3,275 | 2,625 | 2,663 | 3,204 | 3,923 | |||
| Interest and dividends payable | 40 | 36 | |||||||
| Taxes payable | 165 | 14 | 22 | 128 | 81 | ||||
| Employee-related liabilities | 358 | 117 | |||||||
| Accounts payable | 2,839 | 3,060 | |||||||
| Accrued liabilities | 46 | 42 | 42 | ||||||
| Other undisclosed accounts payable and accrued liabilities | (165) | 5 | 2,583 | 2,641 | 3,076 | 3,842 | |||
| Debt | 905 | 600 | 729 | ||||||
| Derivative instruments and hedges, liabilities | 687 | 565 | |||||||
| Due to related parties | 516 | 123 | 535 | ||||||
| Other undisclosed current liabilities | 3,445 | 1,150 | 5,314 | 5,865 | 7,226 | ||||
| Total current liabilities: | 7,634 | 5,025 | 3,141 | 8,665 | 9,757 | 12,412 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 4,497 | 113 | 7,026 | 3,800 | 3,768 | ||||
| Long-term debt, excluding current maturities | 3,540 | 4,070 | 7,026 | 3,800 | 3,768 | ||||
| Finance lease, liability | 79 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed long-term debt and lease obligation | (3,957) | ||||||||
| Operating lease, liability | 878 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | 4,070 | ||||||||
| Total noncurrent liabilities: | 4,497 | 4,183 | 7,026 | 3,800 | 3,768 | ||||
| Total liabilities: | 12,131 | 9,208 | 10,167 | 12,465 | 13,525 | 12,412 | |||
| Temporary equity, carrying amount | 758 | 453 | |||||||
| Equity | |||||||||
| Equity, attributable to parent, including: | 8,445 | 8,306 | 5,630 | (1,120) | (1,448) | (541) | |||
| Preferred stock | 1 | ||||||||
| Common stock | 0 | 0 | 0 | 0 | 100 | 4 | |||
| Additional paid in capital | 14,836 | 16,384 | 15,734 | 12,071 | 11,894 | 11,507 | |||
| Accumulated deficit | (6,392) | (8,078) | (10,104) | (13,191) | (13,442) | (12,059) | |||
| Other undisclosed equity, attributable to parent | 5 | ||||||||
| Total equity: | 8,445 | 8,306 | 5,630 | (1,120) | (1,448) | (541) | |||
| TOTAL LIABILITIES AND EQUITY: | 20,576 | 18,272 | 16,250 | 11,346 | 12,077 | 11,871 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2020 TTM | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 44,389 | 43,154 | 18,373 | 22,608 | 26,952 | 26,326 | ||
| Revenue, net | ✕ | ✕ | ✕ | 18,373 | 22,608 | 26,952 | 26,326 | |
| Cost of revenue | (36,656) | (35,410) | (14,822) | (17,480) | (21,683) | (20,260) | ||
| Cost of goods and services sold | (36,656) | (14,822) | (17,480) | (21,683) | (20,260) | |||
| Other undisclosed gross profit | 122 | |||||||
| Gross profit: | 7,733 | 7,744 | 3,551 | 5,128 | 5,269 | 6,188 | ||
| Operating expenses | (4,684) | (3,891) | (4,528) | (5,788) | ||||
| Operating income: | 3,049 | 7,744 | 3,551 | 1,237 | 740 | 400 | ||
| Nonoperating expense (Other Nonoperating expense) | (927) | |||||||
| Interest and debt expense | 516 | (927) | ||||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (4,082) | |||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (516) | 7,744 | 3,551 | 1,237 | 740 | (1,454) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (5,571) | (1,394) | (1,027) | (2,067) | 927 | |||
| Income (loss) from continuing operations before income taxes: | (516) | 2,174 | 2,157 | 210 | (1,327) | (527) | ||
| Income tax expense (benefit) | (2,533) | 41 | (56) | (94) | ||||
| Income (loss) from continuing operations: | (3,049) | 2,174 | 2,157 | 251 | (1,383) | (621) | ||
| Income (loss) before gain (loss) on sale of properties: | (3,049) | 4,690 | 4,313 | 251 | (1,383) | (621) | ||
| Income from discontinued operations | 2,516 | 2,156 | ||||||
| Other undisclosed net income | 4,735 | |||||||
| Net income (loss): | 1,685 | 4,690 | 4,313 | 251 | (1,383) | (621) | ||
| Net loss attributable to noncontrolling interest | (2,026) | (3,087) | ||||||
| Other undisclosed net income (loss) attributable to parent | (147) | 1,915 | ||||||
| Net income (loss) available to common stockholders, diluted: | 1,685 | 2,516 | 3,141 | 251 | (1,383) | (621) | ||
Comprehensive Income ($ in thousands)
| 3/31/2020 TTM | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 1,685 | 4,690 | 4,313 | 251 | (1,383) | (621) | ||
| Comprehensive income (loss): | 1,685 | 4,690 | 4,313 | 251 | (1,383) | (621) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (2,026) | (3,087) | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 1,685 | 2,664 | 1,225 | 251 | (1,383) | (621) | ||
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.