12 Retech Corp (RETC) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
10785 W. TWAIN AVE., LAS VEGAS, NV 89135 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7371 - Computer Programming Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 11/30/2016 | 11/30/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 13 | 12 | 119 | 38 | 100 | 0 | 5 | ||
| Cash and cash equivalents | 13 | 12 | 119 | 38 | 100 | 0 | 5 | ||
| Receivables | 12 | 3 | 132 | 16 | 3 | ||||
| Inventory, net of allowances, customer advances and progress billings | 104 | 177 | 242 | 23 | |||||
| Inventory | 104 | 177 | 242 | 23 | |||||
| Prepaid expense | 14 | 13 | 8 | 5 | 1 | ||||
| Deposits current assets | 14 | ||||||||
| Other current assets | 19 | ||||||||
| Other undisclosed current assets | (0) | ||||||||
| Total current assets: | 142 | 205 | 500 | 101 | 118 | 0 | 5 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 356 | 53 | 303 | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 46 | 88 | 348 | 98 | 9 | 11 | 13 | ||
| Other noncurrent assets | 89 | 179 | |||||||
| Other undisclosed noncurrent assets | 231 | 241 | 61 | 384 | 6 | ||||
| Total noncurrent assets: | 722 | 382 | 891 | 482 | 14 | 11 | 13 | ||
| TOTAL ASSETS: | 864 | 587 | 1,391 | 583 | 132 | 11 | 18 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 4,168 | 3,188 | 2,167 | 1,235 | 106 | 13 | 1 | ||
| Accounts payable | 1,750 | 1,357 | 1,250 | 379 | 31 | 11 | 0 | ||
| Accrued liabilities | 1,661 | 1,242 | 549 | 496 | 67 | 2 | 1 | ||
| Employee-related liabilities | 139 | 139 | 111 | 206 | |||||
| Interest and dividends payable | 347 | 300 | 192 | 79 | 8 | ||||
| Other undisclosed accounts payable and accrued liabilities | 270 | 150 | 66 | 74 | |||||
| Debt | 2,676 | 1,519 | 824 | 158 | 408 | ||||
| Derivative instruments and hedges, liabilities | 6,759 | 23,798 | 5,359 | 2,696 | |||||
| Due to related parties | 418 | 415 | 384 | 766 | 669 | 28 | 16 | ||
| Other undisclosed current liabilities | 916 | 2,776 | 3,551 | 1,570 | |||||
| Total current liabilities: | 14,936 | 31,695 | 12,286 | 6,426 | 1,183 | 41 | 17 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 177 | 59 | |||||||
| Operating lease, liability | 177 | 59 | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | 149 | 620 | |||||||
| Total noncurrent liabilities: | 502 | 620 | 59 | ||||||
| Total liabilities: | 15,438 | 32,316 | 12,346 | 6,426 | 1,183 | 41 | 17 | ||
| Temporary equity, carrying amount | 945 | ||||||||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | (17,383) | (35,183) | (13,792) | (5,843) | (1,051) | (30) | 1 | ||
| Preferred stock | 0 | ||||||||
| Common stock | 129 | 12 | 0 | 7 | 1 | 0 | 0 | ||
| Additional paid in capital | 32,202 | 9,282 | 8,342 | 5,331 | 1,268 | 63 | 48 | ||
| Accumulated other comprehensive income (loss) | (4) | (1) | (2) | 1 | 2 | ||||
| Accumulated deficit | (49,710) | (44,476) | (22,756) | (11,181) | (2,414) | (93) | (47) | ||
| Other undisclosed stockholders' equity attributable to parent | 625 | 0 | 93 | ||||||
| Stockholders' equity attributable to noncontrolling interest | (661) | (634) | |||||||
| Other undisclosed stockholders' equity | 977 | 1,037 | 2,838 | (945) | |||||
| Total stockholders' equity: | (17,067) | (34,780) | (10,954) | (6,787) | (1,051) | (30) | 1 | ||
| Other undisclosed liabilities and equity | 2,493 | 3,052 | |||||||
| TOTAL LIABILITIES AND EQUITY: | 864 | 587 | 1,391 | 583 | 132 | 11 | 18 | ||
Income Statement (P&L) ($ in thousands) Annual | Quarterly
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 11/30/2016 | 11/30/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 660 | 721 | 1,629 | 93 | 61 | |||
| Other income | 599 | 432 | 1,024 | 5 | ||||
| Cost of revenue | (394) | (385) | (1,122) | (51) | (50) | |||
| Cost of goods and services sold | (50) | |||||||
| Gross profit: | 266 | 336 | 507 | 42 | 11 | |||
| Operating expenses | (2,234) | (2,885) | (3,449) | (3,298) | (1,371) | (45) | (41) | |
| Operating loss: | (1,968) | (2,549) | (2,943) | (3,256) | (1,360) | (45) | (41) | |
| Nonoperating expense | (3,293) | (19,392) | (9,204) | (5,512) | (59) | (1) | (1) | |
| Foreign currency transaction gain (loss), before tax | 0 | (0) | ||||||
| Interest and debt expense | (2,528) | (472) | (1,260) | (1,370) | (8) | (1) | (1) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 8 | |||||||
| Loss from continuing operations before equity method investments, income taxes: | (7,789) | (22,413) | (13,407) | (10,137) | (1,419) | (47) | (43) | |
| Other undisclosed income from continuing operations before income taxes | 2,665 | 623 | 1,260 | 1,370 | ||||
| Net loss: | (5,124) | (21,790) | (12,147) | (8,767) | (1,419) | (47) | (43) | |
| Other undisclosed net income (loss) attributable to parent | (137) | 277 | 1 | 1 | ||||
| Net loss available to common stockholders, diluted: | (5,261) | (21,513) | (12,147) | (8,767) | (1,419) | (46) | (42) | |
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 11/30/2016 | 11/30/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (5,124) | (21,790) | (12,147) | (8,767) | (1,419) | (47) | (43) | |
| Other undisclosed comprehensive income (loss) | (139) | (150) | 568 | |||||
| Comprehensive loss: | (5,263) | (21,940) | (11,579) | (8,767) | (1,419) | (47) | (43) | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 27 | 222 | (572) | |||||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (0) | (19) | ||||||
| Comprehensive loss, net of tax, attributable to parent: | (5,237) | (21,719) | (12,151) | (8,767) | (1,437) | (47) | (43) | |
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.