Renovare Environmental, Inc. (RENO) Financial Statements (2026 and earlier)

Company Profile

Business Address 80 RED SCHOOLHOUSE ROAD
CHESTNUT RIDGE, NY 10977
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 82 - Educational Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2022
Q1
12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 6222,2797,3142,4044,950
Cash and cash equivalent 6222,2797,3142,4044,950
Restricted cash and investments 3,7653,8091,8851,8851,287
Receivables 1,8611,8481,6771,5743,312
Inventory, net of allowances, customer advances and progress billings 1,0081,3811,193695627
Inventory 1,0081,3811,193695627
Other undisclosed current assets 211259325184241
Total current assets: 7,4669,57612,3946,74210,417
Noncurrent Assets
Operating lease, right-of-use asset    1,2661,285
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization 79,13479,85780,28981,27782,114
Long-term investments and receivables    711 
Long-term investments    711 
Intangible asset, including goodwill, after accumulated amortization      58
Goodwill      58
Restricted cash and investments      
Other noncurrent assets 1,8881,9241,9502934
Other undisclosed noncurrent assets (32,441)(32,727)(32,907)(33,338)(33,692)
Total noncurrent assets: 48,58149,05449,33249,94449,798
TOTAL ASSETS: 56,04758,63161,72756,68660,215
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 4,4704,0653,5284,6896,990
Interest and dividends payable 7591,3446931,279627
Accounts payable 3,7112,7202,8352,4936,363
Accrued liabilities    917 
Deferred revenue 29926913113995
Debt    1,4991,498
Other liabilities  6,8057,6938,2929,16410,849
Due to related parties    935935
Other undisclosed current liabilities 6,0526,6597,4971,923(490)
Total current liabilities: 17,62618,68619,44818,34919,877
Noncurrent Liabilities
Long-term debt and lease obligation 29,97130,51029,9241,2212,471
Long-term debt, excluding current maturities  28,83329,35328,74941,240
Liabilities, other than long-term debt 1,9821,8961,8143,3941,730
Accounts payable and accrued liabilities 1,9821,8961,8141,8081,730
Due to related parties     1,586 
Operating lease, liability 1,1381,1571,1741,2171,231
Other undisclosed noncurrent liabilities    29,64128,444
Total noncurrent liabilities: 31,95332,40731,73834,25632,644
Total liabilities: 49,57951,09251,18652,60552,521
Temporary equity, including noncontrolling interest 477477477627627
Equity
Equity, attributable to parent, including: 5,2435,7318,0382,3144,913
Preferred stock 5,0585,0585,756  
Common stock 33322
Additional paid in capital 75,10069,68368,89760,25459,776
Accumulated other comprehensive loss (127)(160)(154)(144)(84)
Accumulated deficit (74,790)(68,853)(66,464)(64,420)(61,403)
Other undisclosed equity, attributable to parent     6,6226,622
Equity, attributable to noncontrolling interest  7471,3312,0261,1412,155
Total equity: 5,9917,06210,0643,4557,067
TOTAL LIABILITIES AND EQUITY: 56,04758,63161,72756,68660,215

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2022
Q1
12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
Revenues(11,019)4,5233,4553,0402,503743
Operating lease, lease income 306333321299356
Cost of revenue   (138) 3,468(1,256)
Cost of product and service sold   (138)   
Gross profit: 4,5233,3173,0405,970(514)
Operating expenses (5,671)(5,497)(4,317)(9,011)(3,404)
Other undisclosed operating income   138 42 
Operating loss: (1,147)(2,042)(1,277)(3,000)(3,917)
Nonoperating expense (623)(1,034)(1,058)(1,023)(1,023)
Interest and debt expense (1,042)(1,031)(1,028)(1,023)(1,023)
Loss from continuing operations before equity method investments, income taxes: (2,812)(4,106)(3,363)(5,045)(5,964)
Loss from equity method investments (11)(3)(30)  
Loss from continuing operations before income taxes: (2,823)(4,109)(3,393)(5,045)(5,964)
Other undisclosed loss from continuing operations     (2,707) 
Loss from continuing operations: (2,823)(4,109)(3,393)(7,752)(5,964)
Loss before gain (loss) on sale of properties:✕(2,823)(4,109)(3,393)(7,752)(5,964)
Other undisclosed net income 1,0531,0341,0583,7301,023
Net loss: (1,770)(3,075)(2,335)(4,022)(4,941)
Net income attributable to noncontrolling interest  5836957011,0141,648
Net loss attributable to parent: (1,187)(2,380)(1,634)(3,008)(3,293)
Preferred stock dividends and other adjustments (175)(175)(183)(198)(205)
Other undisclosed net loss available to common stockholders, basic (622)   (22)
Net loss available to common stockholders, diluted: (1,985)(2,555)(1,817)(3,206)(3,520)

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2022
Q1
12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
Net loss: (1,770)(3,075)(2,335)(4,022)(4,941)
Comprehensive loss: (1,770)(3,075)(2,335)(4,022)(4,941)
Comprehensive income, net of tax, attributable to noncontrolling interest  5836957011,0141,648
Other undisclosed comprehensive income (loss), net of tax, attributable to parent 33(5)(11)(142)71
Comprehensive loss, net of tax, attributable to parent: (1,154)(2,386)(1,645)(3,150)(3,222)

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.

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