RENEWABLE INNOVATIONS, INC. (REII) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
588 WEST 400 SOUTH, SUITE 110 LINDON, UT 84042 |
| State of Incorp. | NV |
| Fiscal Year End | November 30 |
| Industry (SIC) | 731 - Advertising (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 2/28/2023 Q1 | 11/30/2022 Q4 | 8/31/2022 Q3 | 5/31/2022 Q2 | 2/28/2022 Q1 | 11/30/2021 Q4 | 8/31/2021 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,260 | 101 | 108 | 84 | 20 | 26 | |||
| Cash and cash equivalent | 1,260 | 101 | 108 | 84 | 20 | 26 | |||
| Receivables | 74 | ||||||||
| Inventory, net of allowances, customer advances and progress billings | 347 | ||||||||
| Inventory | 347 | ||||||||
| Prepaid expense | 584 | ||||||||
| Contract with customer, asset, after allowance for credit loss | 44 | ||||||||
| Other undisclosed current assets | |||||||||
| Total current assets: | 2,309 | 101 | 108 | 84 | 20 | 26 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 4,240 | ||||||||
| Property, plant and equipment | 2,564 | (83) | |||||||
| Deposits noncurrent assets | 35 | ||||||||
| Other undisclosed noncurrent assets | 83 | ||||||||
| Total noncurrent assets: | 6,838 | ||||||||
| TOTAL ASSETS: | 9,148 | 101 | 108 | 84 | 20 | 26 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 628 | 99 | 100 | 109 | 102 | 99 | |||
| Accounts payable | 628 | ||||||||
| Accrued liabilities | |||||||||
| Other undisclosed accounts payable and accrued liabilities | 99 | 100 | 109 | 102 | 99 | ||||
| Deferred revenue | 2,842 | ||||||||
| Debt | 2 | 66 | 48 | ||||||
| Other undisclosed current liabilities | 546 | 13 | |||||||
| Total current liabilities: | 4,017 | 99 | 100 | 111 | 168 | 159 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 3,876 | ||||||||
| Operating lease, liability | 3,876 | ||||||||
| Total noncurrent liabilities: | 3,876 | ||||||||
| Total liabilities: | 7,893 | 99 | 100 | 111 | 168 | 159 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 1,255 | 2 | 8 | (27) | (148) | (133) | |||
| Preferred stock | 0 | ||||||||
| Common stock | 1 | 1 | 1 | 0 | 0 | 0 | |||
| Treasury stock, value | (120) | (120) | (120) | (120) | (120) | ||||
| Additional paid in capital | 4,787 | 1,333 | 1,125 | 908 | 588 | 588 | |||
| Accumulated deficit | (3,532) | (1,212) | (997) | (779) | (616) | (601) | |||
| Other undisclosed equity, attributable to parent | (36) | ||||||||
| Total equity: | 1,255 | 2 | 8 | (27) | (148) | (133) | |||
| TOTAL LIABILITIES AND EQUITY: | 9,148 | 101 | 108 | 84 | 20 | 26 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 2/28/2023 Q1 | 11/30/2022 Q4 | 8/31/2022 Q3 | 5/31/2022 Q2 | 2/28/2022 Q1 | 11/30/2021 Q4 | 8/31/2021 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,394 | 12 | 13 | 11 | 13 | 17 | ||
| Cost of revenue | (2,545) | (5) | (4) | (4) | (4) | (4) | ||
| Gross profit: | (151) | 6 | 9 | 8 | 9 | 13 | ||
| Operating expenses | (793) | (221) | (227) | (107) | (24) | (27) | ||
| Operating loss: | (944) | (215) | (218) | (100) | (15) | (14) | ||
| Nonoperating expense | (814) | (0) | (63) | |||||
| Interest and debt expense | (0) | (72) | ||||||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 72 | |||||||
| Loss from continuing operations before income taxes: | (1,685) | (215) | (218) | (235) | (15) | (14) | ||
| Other undisclosed loss from continuing operations | (0) | |||||||
| Loss from continuing operations: | (1,685) | (215) | (218) | (235) | (15) | (14) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | (215) | (218) | (235) | (15) | (14) | |
| Net loss: | (1,685) | (215) | (218) | (235) | (15) | (14) | ||
| Other undisclosed net income (loss) attributable to parent | (72) | 0 | 72 | |||||
| Net loss available to common stockholders, diluted: | (1,758) | (215) | (218) | (163) | (15) | (14) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 2/28/2023 Q1 | 11/30/2022 Q4 | 8/31/2022 Q3 | 5/31/2022 Q2 | 2/28/2022 Q1 | 11/30/2021 Q4 | 8/31/2021 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (1,685) | (215) | (218) | (235) | (15) | (14) | ||
| Comprehensive loss, net of tax, attributable to parent: | (1,685) | (215) | (218) | (235) | (15) | (14) | ||
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.