Reflect Scientific Inc (RSCF) Financial Statements (2026 and earlier)

Company Profile

Business Address 1270 S 1380 W
OREM, UT 84058
State of Incorp. UT
Fiscal Year End December 31
Industry (SIC) 3821 - Laboratory Apparatus and Furniture (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

9/30/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,2781,3821,474555220236
Cash and cash equivalent1,2781,3821,474555220236
Receivables108129176   
Inventory, net of allowances, customer advances and progress billings972797624  155
Inventory972797624  155
Prepaid expense 122031   
Other undisclosed current assets     126
Total current assets:2,3702,3292,305555220517
Noncurrent Assets
Operating lease, right-of-use asset23654110 ✕✕
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization   (158)   
Intangible asset, including goodwill, after accumulated amortization606060 1,81860
Goodwill606060  60
Intangible asset, excluding goodwill, after accumulated amortization     1,818 
Other noncurrent assets      
Other undisclosed noncurrent assets 33161  3
Total noncurrent assets:299117174 1,81863
TOTAL ASSETS:2,6692,4462,4795552,038580
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:867967   
Accounts payable 575567   
Other undisclosed accounts payable and accrued liabilities2924    
Deferred revenue   119 ✕✕
Customer advances and deposits✕✕✕✕✕✕71
Other undisclosed current liabilities5107156  54
Total current liabilities:596150242  124
Noncurrent Liabilities
Long-term debt and lease obligation:   57   
Liabilities, other than long-term debt180     
Operating lease, liability180 57 ✕✕
Other undisclosed noncurrent liabilities   (57)   
Total noncurrent liabilities:180 57   
Total liabilities:776150299  124
Equity
Equity, attributable to parent1,8932,2972,180(20,496)(20,301)455
Common stock857852850  713
Additional paid in capital20,30320,25220,227  19,793
Accumulated deficit(19,267)(18,808)(18,897)(20,496)(20,301)(20,051)
Other undisclosed equity    21,04920,818 
Total equity:1,8932,2972,180553518455
TOTAL LIABILITIES AND EQUITY:2,6692,4462,479553518580

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

9/30/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2019
12/31/2018
12/31/2017
Revenues1,0802,0412,8151,6091,5521,066
Cost of revenue
(Cost of Product and Service Sold)		(484)(822)(884)(618)(487)(434)
Other undisclosed gross profit      28
Gross profit:5961,2191,9319921,065660
Operating expenses(1,064)(1,129)(1,103)(1,186)(1,314)(1,062)
Other operating expense, net    (1)(1) 
Other undisclosed operating income    11 
Operating income (loss):(467)90828(195)(249)(402)
Nonoperating income
(Other Nonoperating income)		9     
Interest and debt expense   11111 
Income (loss) from continuing operations before equity method investments, income taxes:(459)90939(194)(248)(402)
Other undisclosed loss from continuing operations before income taxes    (2)(1) 
Income (loss) from continuing operations before income taxes:(459)90939(196)(250)(402)
Income tax expense (benefit)(0)(1)   137
Income (loss) from continuing operations:(459)89939(196)(250)(265)
Income (loss) before gain (loss) on sale of properties:✕✕✕939(196)(250)(265)
Net income (loss):(459)89939(196)(250)(265)
Other undisclosed net income (loss) attributable to parent     (137)
Net income (loss) available to common stockholders, diluted:(459)89939(196)(250)(402)

Comprehensive Income ($ in thousands)
Annual | Quarterly

9/30/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2019
12/31/2018
12/31/2017
Net income (loss):(459)89939(196)(250)(265)
Comprehensive income (loss), net of tax, attributable to parent:(459)89939(196)(250)(265)

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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