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)
| 9/30/2023 MRQ | 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 investments | 3,941 | 5,825 | 5,263 | 8,444 | 7,044 | 6,203 | |||
| Cash and cash equivalents | 3,941 | 5,825 | 5,263 | 8,444 | 7,044 | 6,203 | |||
| Receivables | 3,703 | 4,136 | 2,819 | 3,738 | 2,529 | 1,273 | |||
| Inventory, net of allowances, customer advances and progress billings | 2,378 | 2,444 | 1,878 | 898 | |||||
| Inventory | 2,378 | 2,444 | 1,878 | 898 | |||||
| Other current assets | 1,046 | 810 | 1,380 | 691 | 610 | 519 | |||
| Other undisclosed current assets | 2,330 | 1,453 | |||||||
| Total current assets: | 11,068 | 13,215 | 11,340 | 13,771 | 12,513 | 9,448 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 1,778 | 2,127 | 2,452 | 2,752 | ✕ | ✕ | |||
| Property, plant and equipment | 14,207 | 15,444 | 16,367 | 19,077 | 15,010 | 7,850 | |||
| Intangible assets, net (including goodwill) | 380 | 527 | 4,637 | 4,865 | 3,178 | ||||
| Goodwill | 3,915 | 3,915 | 3,178 | ||||||
| Intangible assets, net (excluding goodwill) | 380 | 527 | 722 | 950 | |||||
| Other noncurrent assets | 27 | 16 | 63 | ||||||
| Total noncurrent assets: | 16,365 | 18,098 | 23,456 | 26,721 | 18,204 | 7,913 | |||
| TOTAL ASSETS: | 27,433 | 31,313 | 34,796 | 40,492 | 30,717 | 17,361 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 2,356 | 2,296 | 2,092 | 2,710 | 3,036 | 2,279 | |||
| Employee-related liabilities | ✕ | ✕ | 787 | 601 | 877 | 933 | 773 | ||
| Accounts payable | 1,232 | 826 | 955 | 833 | 1,583 | 765 | |||
| Accrued liabilities | 1,124 | 683 | 536 | 1,000 | 520 | 741 | |||
| Deferred revenue | 12 | ✕ | ✕ | ||||||
| Debt | 1,306 | 1,397 | 780 | 438 | 77 | 4 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 75 | ||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | 145 | ✕ | ||
| Other undisclosed current liabilities | 7,702 | 5,463 | 2,954 | 2,652 | 3,603 | 258 | |||
| Total current liabilities: | 11,364 | 9,156 | 5,826 | 5,812 | 6,861 | 2,616 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,621 | 3,404 | 5,550 | 2,937 | 145 | 12 | |||
| Long-term debt, excluding current maturities | 1,296 | 1,356 | 3,107 | 73 | 145 | 12 | |||
| Finance lease, liability | 325 | 100 | 113 | 190 | ✕ | ✕ | |||
| Liabilities, other than long-term debt | 1,626 | 258 | |||||||
| Operating lease, liability | 1,557 | 1,948 | 2,330 | 2,674 | ✕ | ✕ | |||
| Derivative instruments and hedges, liabilities | 69 | 258 | |||||||
| Other undisclosed noncurrent liabilities | (87) | (2,330) | |||||||
| Total noncurrent liabilities: | 3,160 | 3,662 | 5,550 | 2,937 | 145 | 12 | |||
| Total liabilities: | 14,524 | 12,818 | 11,376 | 8,749 | 7,006 | 2,628 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 12,909 | 18,495 | 23,420 | 31,631 | 23,711 | 14,420 | |||
| Preferred stock | 75 | 75 | 112 | ||||||
| Common stock | 328,551 | 326,279 | 322,218 | 318,811 | 296,739 | 279,548 | |||
| 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: | 12,909 | 18,495 | 23,420 | 31,743 | 23,711 | 14,733 | |||
| TOTAL LIABILITIES AND EQUITY: | 27,433 | 31,313 | 34,796 | 40,492 | 30,717 | 17,361 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 41,617 | 31,131 | 26,199 | 23,713 | 14,762 | 13,355 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 13,355 | |
| 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) | 2,982 | 3,791 | ||
| 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) | 35 | 309 | (422) | 822 | 156 | (9,118) | ||
| Investment income, nonoperating | 211 | 390 | 20 | 50 | ||||
| Other nonoperating income (expense) | (176) | (81) | (124) | 868 | 168 | 125 | ||
| 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) | 318 | 96 | 12 | 8,290 | |||
| 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)
| 9/30/2023 TTM | 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.