RENEWABLE ENERGY ACQUISITION CORP. (REAC) financial statements (2021 and earlier)

Company profile

Business Address 10935 57TH AVE NO.
PLYMOUTH, MN 55442
State of Incorp. NV
Fiscal Year End December 31
SIC 677 - Blank Checks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments73800 
Cash and cash equivalents73800 
Total current assets:73800 
Noncurrent Assets
TOTAL ASSETS:73800 
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities464445373837
Accounts payable464445373837
Debt202019121217
Due to related parties999895 8784
Other undisclosed current liabilities884943 
Total current liabilities:173170163143140138
Noncurrent Liabilities
Total liabilities:173170163143140138
Stockholders' equity
Stockholders' equity attributable to parent(165)(167)(155)(143)(140)(138)
Common stock000000
Additional paid in capital646464646464
Accumulated deficit(229)(231)(219)(207)(204)(202)
Total stockholders' equity:(165)(167)(155)(143)(140)(138)
TOTAL LIABILITIES AND EQUITY:73800 

Income statement (P&L) ($ in thousands)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
Operating expenses3(10)(11)(1)(3)(4)
Operating income (loss):3(10)(11)(1)(3)(4)
Interest and debt expense(1)(1)(1)(1)1(2)
Income (loss) from continuing operations before equity method investments, income taxes:3(11)(11)(2)(2)(6)
Other undisclosed loss from continuing operations before income taxes(1)(1)(1)(1)(0) 
Net income (loss) available to common stockholders, diluted:2(12)(12)(3)(2)(6)

Comprehensive Income ($ in thousands)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
Net income (loss):2(12)(12)(3)(2)(6)
Comprehensive income (loss), net of tax, attributable to parent:2(12)(12)(3)(2)(6)

Statements sources

The financial statements are based on the company's filings with the 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.

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