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 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 13 | 95 | 149 | 50 | 12 | 43 | 68 | ||
| Cash and cash equivalents | 13 | 95 | 149 | 50 | 12 | 43 | 68 | ||
| Receivables | 12 | 8 | 18 | 77 | 3 | 23 | 11 | ||
| Inventory, net of allowances, customer advances and progress billings | 104 | 188 | 182 | 168 | 177 | 199 | 156 | ||
| Inventory | 104 | 188 | 182 | 168 | 177 | 199 | 156 | ||
| Prepaid expense | 14 | 11 | 11 | 11 | 13 | 12 | 11 | ||
| Total current assets: | 142 | 302 | 361 | 305 | 205 | 277 | 246 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 356 | 14 | 33 | 53 | 77 | 153 | |||
| Property, plant and equipment | 46 | 45 | 56 | 71 | 88 | 199 | 230 | ||
| Other noncurrent assets | 89 | 89 | 30 | 64 | 102 | ||||
| Other undisclosed noncurrent assets | 231 | 241 | 246 | 240 | 241 | 236 | 194 | ||
| Total noncurrent assets: | 722 | 376 | 346 | 345 | 382 | 576 | 679 | ||
| TOTAL ASSETS: | 864 | 677 | 706 | 650 | 587 | 853 | 925 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 4,168 | 3,722 | 3,530 | 3,471 | 3,188 | 2,860 | 2,732 | ||
| Interest and dividends payable | 347 | 310 | 294 | 325 | 300 | 272 | 241 | ||
| Employee-related liabilities | 139 | 139 | 139 | 139 | 139 | 139 | 139 | ||
| Accounts payable | 1,750 | 1,494 | 1,385 | 1,444 | 1,357 | 1,291 | 1,252 | ||
| Accrued liabilities | 1,661 | 1,539 | 1,501 | 1,383 | 1,242 | 1,037 | 1,011 | ||
| Other undisclosed accounts payable and accrued liabilities | 270 | 240 | 210 | 180 | 150 | 120 | 90 | ||
| Debt | 2,676 | 1,567 | 1,386 | 290 | 1,519 | 1,525 | 1,528 | ||
| Derivative instruments and hedges, liabilities | 6,759 | 10,090 | 6,062 | 11,778 | 23,798 | 7,391 | 14,101 | ||
| Due to related parties | 418 | 416 | 416 | 420 | 415 | 415 | 415 | ||
| Other undisclosed current liabilities | 916 | 1,868 | 2,154 | 3,975 | 2,776 | 2,574 | 2,518 | ||
| Total current liabilities: | 14,936 | 17,664 | 13,547 | 19,934 | 31,695 | 14,764 | 21,295 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 177 | 59 | 59 | ||||||
| Operating lease, liability | 177 | 59 | 59 | ||||||
| Other undisclosed noncurrent liabilities | 325 | 628 | 852 | 907 | 620 | 426 | 236 | ||
| Total noncurrent liabilities: | 502 | 628 | 852 | 907 | 620 | 545 | 354 | ||
| Total liabilities: | 15,438 | 18,292 | 14,400 | 20,841 | 32,316 | 15,309 | 21,649 | ||
| Equity | |||||||||
| Equity, attributable to parent | (17,383) | (20,360) | (16,333) | (23,661) | (35,183) | (17,929) | (24,151) | ||
| Common stock | 129 | 112 | 79 | 20 | 12 | 9 | 8 | ||
| Additional paid in capital | 32,202 | 31,485 | 29,729 | 10,299 | 9,282 | 9,096 | 9,055 | ||
| Accumulated other comprehensive loss | (4) | (2) | (2) | (1) | (1) | (1) | (1) | ||
| Accumulated deficit | (49,710) | (51,956) | (46,139) | (33,979) | (44,476) | (27,033) | (33,212) | ||
| Equity, attributable to noncontrolling interest | (661) | (659) | (674) | (677) | (634) | (567) | (568) | ||
| Other undisclosed equity | 977 | 1,037 | 1,037 | 1,037 | 1,037 | 1,037 | 1,037 | ||
| Total equity: | (17,067) | (19,982) | (15,970) | (23,301) | (34,780) | (17,458) | (23,681) | ||
| Other undisclosed liabilities and equity | 2,493 | 2,367 | 2,277 | 3,110 | 3,052 | 3,002 | 2,956 | ||
| TOTAL LIABILITIES AND EQUITY: | 864 | 677 | 706 | 650 | 587 | 853 | 925 | ||
Income Statement (P&L) ($ in thousands) Annual | Quarterly
| 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 149 | 225 | 183 | 137 | 130 | 217 | 115 | |
| Other income | 308 | 225 | 76 | (9) | 16 | 217 | (14) | |
| Cost of revenue | (77) | (102) | (121) | (95) | (81) | (34) | (76) | |
| Other undisclosed gross profit | (34) | (149) | ||||||
| Gross profit: | 71 | 89 | 63 | 42 | 50 | 35 | 39 | |
| Operating expenses | (594) | (558) | (581) | (500) | (767) | (530) | (571) | |
| Operating loss: | (523) | (469) | (519) | (458) | (717) | (496) | (531) | |
| Nonoperating income (expense) | 2,767 | (5,333) | (11,639) | 10,912 | (16,794) | 6,676 | 1,287 | |
| Interest and debt expense | (438) | (309) | (1,681) | (99) | (373) | (99) | (101) | |
| Income (loss) from continuing operations before equity method investments, income taxes: | 1,806 | (6,111) | (13,839) | 10,355 | (17,883) | 6,081 | 654 | |
| Other undisclosed income from continuing operations before income taxes | 2,665 | 623 | ||||||
| Income (loss) from continuing operations: | 4,471 | (6,111) | (13,839) | 10,355 | (17,261) | 6,081 | 654 | |
| Income (loss) before gain (loss) on sale of properties: | 4,471 | (6,111) | (13,839) | 10,355 | (17,261) | 6,081 | 654 | |
| Other undisclosed net income | 19,517 | 101 | ||||||
| Net income (loss): | 4,471 | (6,111) | 5,678 | 10,355 | (17,261) | 6,081 | 755 | |
| Other undisclosed net income (loss) attributable to parent | (2,227) | 309 | (17,836) | 99 | 178 | 99 | ||
| Net income (loss) available to common stockholders, diluted: | 2,244 | (5,802) | (12,158) | 10,454 | (17,083) | 6,180 | 755 | |
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 4,471 | (6,111) | 5,678 | 10,355 | (17,261) | 6,081 | 755 | |
| Other undisclosed comprehensive income (loss) | (2,229) | 309 | (17,836) | 99 | (250) | 99 | 0 | |
| Comprehensive income (loss): | 2,242 | (5,802) | (12,158) | 10,454 | (17,511) | 6,180 | 755 | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 2 | (15) | (3) | 43 | 68 | (1) | 102 | |
| Comprehensive income (loss), net of tax, attributable to parent: | 2,243 | (5,817) | (12,161) | 10,497 | (17,443) | 6,179 | 858 | |
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.