RiceBran Technologies (RIBT) Financial Statements (2024 and earlier)

Company Profile

Business Address 25420 KUYKENDAHL ROAD, SUITE B300
TOMBALL, TX 77375
State of Incorp. CA
Fiscal Year End December 31
Industry (SIC) 204 - Grain Mill Products (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3,9415,8255,2638,4447,0446,203
Cash and cash equivalents3,9415,8255,2638,4447,0446,203
Receivables3,7034,1362,8193,7382,5291,273
Inventory, net of allowances, customer advances and progress billings2,3782,4441,878898  
Inventory2,3782,4441,878898  
Other current assets1,0468101,380691610519
Other undisclosed current assets     2,3301,453
Total current assets:11,06813,21511,34013,77112,5139,448
Noncurrent Assets
Operating lease, right-of-use asset 1,7782,1272,4522,752
Property, plant and equipment14,20715,44416,36719,07715,0107,850
Intangible assets, net (including goodwill)3805274,6374,8653,178 
Goodwill   3,9153,9153,178 
Intangible assets, net (excluding goodwill)380527722950  
Other noncurrent assets    271663
Total noncurrent assets:16,36518,09823,45626,72118,2047,913
TOTAL ASSETS:27,43331,31334,79640,49230,71717,361
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,3562,2962,0922,7103,0362,279
Employee-related liabilities787601877933773
Accounts payable1,2328269558331,583765
Accrued liabilities1,1246835361,000520741
Deferred revenue    12
Debt1,3061,397780438774
Deferred revenue and credits75
Contract with customer, liability145
Other undisclosed current liabilities7,7025,4632,9542,6523,603258
Total current liabilities:11,3649,1565,8265,8126,8612,616
Noncurrent Liabilities
Long-term debt and lease obligation1,6213,4045,5502,93714512
Long-term debt, excluding current maturities1,2961,3563,1077314512
Finance lease, liability325100113190
Liabilities, other than long-term debt 1,626258    
Operating lease, liability 1,5571,9482,3302,674
Derivative instruments and hedges, liabilities 69258    
Other undisclosed noncurrent liabilities (87) (2,330)   
Total noncurrent liabilities:3,1603,6625,5502,93714512
Total liabilities:14,52412,81811,3768,7497,0062,628
Equity
Equity, attributable to parent, including:12,90918,49523,42031,63123,71114,420
Preferred stock7575112   
Common stock328,551326,279322,218318,811296,739279,548
Accumulated deficit(315,717)(307,859)(298,910)(287,180)(273,229)(265,128)
Other undisclosed equity, attributable to parent     201 
Other undisclosed equity    112 313
Total equity:12,90918,49523,42031,74323,71114,733
TOTAL LIABILITIES AND EQUITY:27,43331,31334,79640,49230,71717,361

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

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues41,61731,13126,19923,71314,76213,355
Revenue, net13,355
Cost of revenue
(Cost of Goods and Services Sold)
(42,376)(30,689)(28,670)(24,574)(11,780)(9,564)
Gross profit:(759)442(2,471)(861)2,9823,791
Operating expenses(6,543)(11,008)(7,971)(13,696)(11,194)(9,888)
Other undisclosed operating loss   (847)   
Operating loss:(7,302)(10,566)(11,289)(14,557)(8,212)(6,097)
Nonoperating income (expense)35309(422)822156(9,118)
Investment income, nonoperating2113902050  
Other nonoperating income (expense)(176)(81)(124)868168125
Unusual or infrequent item, or both, net (gain) loss   (847)   
Interest and debt expense(572)1,792(318)(96)(12)(8,290)
Loss from continuing operations before equity method investments, income taxes:(7,839)(8,465)(12,029)(13,831)(8,068)(23,505)
Other undisclosed income (loss) from continuing operations before income taxes  (463)31896128,290
Loss from continuing operations before income taxes:(7,839)(8,928)(11,711)(13,735)(8,056)(15,215)
Income tax expense (benefit)(19)(21)(19) (45)5,030
Loss from continuing operations:(7,858)(8,949)(11,730)(13,735)(8,101)(10,185)
Loss before gain (loss) on sale of properties:(8,949)(11,730)(13,951)(8,101)(6,202)
Income (loss) from discontinued operations   (216) 3,983
Net loss:(7,858)(8,949)(12,577)(13,951)(8,101)(6,202)
Other undisclosed net income attributable to parent   847  1,671
Net loss attributable to parent:(7,858)(8,949)(11,730)(13,951)(8,101)(4,531)
Preferred stock dividends and other adjustments      (778)
Other undisclosed net income available to common stockholders, basic      
Net loss available to common stockholders, diluted:(7,858)(8,949)(11,730)(13,951)(8,101)(5,309)

Comprehensive Income ($ in thousands)

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net loss:(7,858)(8,949)(12,577)(13,951)(8,101)(6,202)
Other undisclosed comprehensive income      184
Comprehensive loss:(7,858)(8,949)(12,577)(13,951)(8,101)(6,018)
Comprehensive income, net of tax, attributable to noncontrolling interest      1,614
Other undisclosed comprehensive income, net of tax, attributable to parent   847   
Comprehensive loss, net of tax, attributable to parent:(7,858)(8,949)(11,730)(13,951)(8,101)(4,404)

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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