Petrone Worldwide, Inc. (PFWIQ) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
2200 N. COMMERCE PARKWAY WESTON, FL 33326 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 8742 - Management Consulting Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | 12/31/2016 Q4 | 9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 77 | 18 | 10 | 3 | 13 | 47 | 67 | ||
| Cash and cash equivalents | 77 | 18 | 10 | 3 | 13 | 47 | 67 | ||
| Receivables | 32 | 71 | 171 | 67 | 67 | 17 | 15 | ||
| Inventory, net of allowances, customer advances and progress billings | 153 | 13 | 35 | ||||||
| Inventory | 153 | 13 | 35 | ||||||
| Prepaid expense | 11 | 141 | 51 | 131 | 137 | 109 | 92 | ||
| Other undisclosed current assets | 2 | 20 | 23 | 36 | 31 | 30 | 350 | ||
| Total current assets: | 275 | 263 | 291 | 237 | 248 | 203 | 524 | ||
| Noncurrent Assets | |||||||||
| TOTAL ASSETS: | 275 | 263 | 291 | 237 | 248 | 203 | 524 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 145 | 88 | 156 | 107 | 82 | 13 | 29 | ||
| Accounts payable | 123 | 65 | 143 | 94 | 75 | 10 | 27 | ||
| Accrued liabilities | 22 | 23 | 12 | 14 | 7 | 3 | 2 | ||
| Debt | 302 | 305 | 133 | 68 | 141 | 91 | 137 | ||
| Derivative instruments and hedges, liabilities | 449 | 843 | 1,271 | 5,071 | 2 | 5 | 27 | ||
| Due to related parties | 0 | 0 | 0 | 0 | 34 | 3 | 12 | ||
| Other undisclosed current liabilities | 5 | 4 | 21 | 80 | 10 | ||||
| Total current liabilities: | 901 | 1,241 | 1,581 | 5,326 | 269 | 111 | 205 | ||
| Noncurrent Liabilities | |||||||||
| Total liabilities: | 901 | 1,241 | 1,581 | 5,326 | 269 | 111 | 205 | ||
| Equity | |||||||||
| Equity, attributable to parent, including: | (626) | (978) | (1,290) | (5,089) | (21) | 92 | 318 | ||
| Preferred stock | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
| Common stock | 312 | 37 | 30 | 29 | 23 | 23 | 23 | ||
| Common stock, share subscribed but unissued, subscriptions receivable | (280) | ||||||||
| Additional paid in capital | 5,416 | 4,563 | 4,414 | 4,165 | 3,334 | 3,257 | 3,222 | ||
| Accumulated deficit | (6,355) | (5,579) | (5,736) | (9,283) | (3,379) | (3,189) | (2,927) | ||
| Other undisclosed equity, attributable to parent | 280 | ||||||||
| Total equity: | (626) | (978) | (1,290) | (5,089) | (21) | 92 | 318 | ||
| TOTAL LIABILITIES AND EQUITY: | 275 | 263 | 291 | 237 | 248 | 203 | 524 | ||
Income Statement (P&L) ($ in thousands) Annual | Quarterly
| 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | 12/31/2016 Q4 | 9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 28 | 147 | 264 | 69 | 86 | 64 | 108 | |
| Revenue, net | 3 | 125 | 238 | 86 | ||||
| Other income | 25 | 22 | 26 | |||||
| Cost of revenue | (53) | (122) | (234) | (86) | (62) | (59) | (75) | |
| Cost of goods and services sold | (53) | (122) | (234) | (86) | (62) | (65) | (80) | |
| Gross profit: | (25) | 25 | 31 | (16) | 24 | 5 | 32 | |
| Operating expenses | (367) | (193) | (109) | (301) | (126) | (194) | (262) | |
| Operating loss: | (392) | (168) | (78) | (317) | (102) | (189) | (230) | |
| Nonoperating income (expense) | (383) | 324 | 3,626 | (5,587) | (89) | (73) | (17) | |
| Interest and debt expense | (312) | (191) | (174) | (168) | (91) | (88) | (58) | |
| Income (loss) from continuing operations: | (1,088) | (35) | 3,374 | (6,072) | (281) | (349) | (305) | |
| Income (loss) before gain (loss) on sale of properties: | (1,088) | (35) | 3,374 | (6,072) | (281) | (349) | (305) | |
| Net income (loss): | (1,088) | (35) | 3,374 | (6,072) | (281) | (349) | (305) | |
| Other undisclosed net income attributable to parent | 312 | 191 | 174 | 168 | 91 | 88 | 58 | |
| Net income (loss) available to common stockholders, basic: | (776) | 156 | 3,548 | (5,904) | (190) | (262) | (247) | |
| Interest on convertible debt | 11 | 4 | ||||||
| Other undisclosed net loss available to common stockholders, diluted | (803) | |||||||
| Net income (loss) available to common stockholders, diluted: | (776) | (636) | 3,551 | (5,904) | (190) | (262) | (247) | |
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | 12/31/2016 Q4 | 9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (1,088) | (35) | 3,374 | (6,072) | (281) | (349) | (305) | |
| Comprehensive income (loss), net of tax, attributable to parent: | (1,088) | (35) | 3,374 | (6,072) | (281) | (349) | (305) | |
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.