S&W Seed Company (SANW) financial statements (2022 and earlier)
Company profile
| Business Address |
2101 KEN PRATT BLVD. LONGMONT, CO 80501 |
| State of Incorp. | NV |
| Fiscal Year End | June 30 |
| SIC | 01 - Agricultural Production Crops (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2021 Q2 | 9/30/2021 Q1 | 6/30/2021 Q4 | 3/31/2021 Q3 | 12/31/2020 Q2 | 9/30/2020 Q1 | 6/30/2020 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 2,722 | 1,895 | 3,528 | 3,365 | 2,926 | 3,530 | 4,123 | ||
| Cash and cash equivalents | 2,722 | 1,895 | 3,528 | 3,365 | 2,926 | 3,530 | 4,123 | ||
| Receivables | 16,421 | 22,248 | 19,389 | 24,013 | 12,906 | 20,208 | 19,023 | ||
| Inventory, net of allowances, customer advances and progress billings | 67,701 | 63,270 | 63,395 | 65,989 | 71,991 | 66,716 | 63,883 | ||
| Inventory | 67,701 | 63,270 | 63,395 | 65,989 | 71,991 | 66,716 | 63,883 | ||
| Assets held-for-sale, not part of disposal group | 950 | ||||||||
| Other undisclosed current assets | 1,362 | 1,551 | 1,556 | 1,204 | 1,982 | 1,335 | 1,375 | ||
| Total current assets: | 88,206 | 88,964 | 87,868 | 94,571 | 90,755 | 91,789 | 88,404 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 17,678 | 17,501 | 17,741 | 18,141 | 18,358 | 20,060 | 20,494 | ||
| Intangible assets, net (including goodwill) | 37,271 | 37,793 | 38,783 | 39,542 | 40,286 | 40,068 | 40,293 | ||
| Goodwill | 1,600 | 1,586 | 1,652 | 1,677 | 1,701 | 1,568 | 1,509 | ||
| Intangible assets, net (excluding goodwill) | 35,671 | 36,207 | 37,131 | 37,865 | 38,585 | 38,501 | 38,784 | ||
| Other noncurrent assets | 7,097 | 7,129 | 7,079 | 6,287 | 6,689 | 6,439 | 6,765 | ||
| Total noncurrent assets: | 62,045 | 62,423 | 63,603 | 63,970 | 65,333 | 66,568 | 67,552 | ||
| TOTAL ASSETS: | 150,251 | 151,387 | 151,471 | 158,541 | 156,088 | 158,358 | 155,956 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 25,419 | 27,186 | 25,083 | 30,601 | 21,366 | 20,870 | 17,665 | ||
| Accounts payable | 16,727 | 17,460 | 15,948 | 22,584 | 13,791 | 12,358 | 8,046 | ||
| Accrued liabilities | 8,691 | 9,726 | 9,135 | 8,018 | 7,575 | 8,512 | 9,619 | ||
| Deferred revenue | 5,888 | 706 | 385 | 1,750 | 6,894 | 8,271 | 6,172 | ||
| Debt | 8,508 | 8,420 | 1,681 | 1,546 | 1,657 | 1,759 | 1,781 | ||
| Other undisclosed current liabilities | 15,153 | 38,463 | 33,947 | 34,978 | 35,507 | 30,907 | 26,983 | ||
| Total current liabilities: | 54,968 | 74,776 | 61,096 | 68,876 | 65,423 | 61,808 | 52,600 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 26,652 | 4,407 | 11,591 | 11,588 | 13,754 | 14,093 | 14,329 | ||
| Long-term debt, excluding current maturities | 22,344 | ||||||||
| Finance lease, liability | 784 | 925 | 1,109 | 1,179 | 1,597 | 1,459 | 1,643 | ||
| Operating lease, liability | 3,524 | 3,473 | 3,298 | 2,576 | 2,945 | 3,049 | 3,243 | ||
| Other undisclosed long-term debt and lease obligation | 9 | 7,184 | 7,833 | 9,212 | 9,584 | 9,443 | |||
| Liabilities, other than long-term debt | 3,741 | 3,679 | 3,650 | 2,736 | 3,143 | 3,193 | 3,427 | ||
| Other liabilities | 3,741 | 3,679 | 3,650 | 2,736 | 3,143 | 3,193 | 3,427 | ||
| Other undisclosed noncurrent liabilities | 730 | 651 | 742 | 4,509 | 5,259 | 4,534 | 4,264 | ||
| Total noncurrent liabilities: | 31,123 | 8,737 | 15,982 | 18,833 | 22,156 | 21,820 | 22,019 | ||
| Total liabilities: | 86,090 | 83,513 | 77,078 | 87,709 | 87,579 | 83,628 | 74,620 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 64,326 | 68,053 | 74,558 | 71,030 | 68,705 | 74,998 | 81,591 | ||
| Common stock | 39 | 37 | 37 | 35 | 34 | 33 | 33 | ||
| Additional paid in capital | 155,853 | 150,040 | 149,684 | 144,163 | 140,029 | 138,113 | 137,810 | ||
| Accumulated other comprehensive loss | (6,059) | (6,312) | (5,851) | (5,541) | (5,577) | (5,835) | (6,111) | ||
| Accumulated deficit | (85,507) | (75,712) | (69,312) | (67,627) | (65,780) | (57,314) | (50,141) | ||
| Stockholders' equity attributable to noncontrolling interest | (32) | (45) | (31) | (64) | (62) | (134) | (120) | ||
| Other undisclosed stockholders' equity | (134) | (134) | (134) | (134) | (134) | (134) | (134) | ||
| Total stockholders' equity: | 64,161 | 67,874 | 74,393 | 70,832 | 68,509 | 74,730 | 81,336 | ||
| TOTAL LIABILITIES AND EQUITY: | 150,251 | 151,387 | 151,471 | 158,541 | 156,088 | 158,358 | 155,956 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2021 Q2 | 9/30/2021 Q1 | 6/30/2021 Q4 | 3/31/2021 Q3 | 12/31/2020 Q2 | 9/30/2020 Q1 | 6/30/2020 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 12,631 | 70,000 | 22,766 | 32,377 | 15,051 | 13,855 | 25,865 | |
| Revenue from related parties | 70,000 | |||||||
| Cost of revenue (Cost of Goods and Services Sold) | (10,971) | (12,405) | (19,078) | (26,206) | (13,013) | (12,074) | (22,620) | |
| Other undisclosed gross profit | (54,468) | |||||||
| Gross profit: | 1,660 | 3,127 | 3,687 | 6,171 | 2,038 | 1,781 | 3,244 | |
| Operating expenses | (10,557) | (8,896) | (8,287) | (8,181) | (9,400) | (8,079) | (9,133) | |
| Operating loss: | (8,897) | (5,769) | (4,599) | (2,010) | (7,362) | (6,298) | (5,889) | |
| Nonoperating income (expense) (Foreign Currency Transaction Gain (Loss), before Tax) | (258) | (163) | 78 | (88) | 204 | (99) | (31) | |
| Interest and debt expense | (835) | (711) | (734) | (692) | (864) | (682) | (749) | |
| Loss from continuing operations before equity method investments, income taxes: | (9,990) | (6,642) | (5,256) | (2,790) | (8,022) | (7,079) | (6,669) | |
| Other undisclosed income (loss) from continuing operations before income taxes | 466 | 62 | 3,769 | 684 | (331) | (105) | 2,261 | |
| Loss from continuing operations before income taxes: | (9,524) | (6,580) | (1,487) | (2,107) | (8,353) | (7,184) | (4,408) | |
| Income tax expense (benefit) | (258) | 166 | (189) | 258 | (42) | (2) | (369) | |
| Net loss: | (9,782) | (6,414) | (1,676) | (1,849) | (8,395) | (7,186) | (4,777) | |
| Net income (loss) attributable to noncontrolling interest | (14) | 14 | (8) | 2 | (71) | 13 | (25) | |
| Net loss available to common stockholders, diluted: | (9,795) | (6,400) | (1,684) | (1,847) | (8,466) | (7,173) | (4,802) | |
Comprehensive Income ($ in thousands)
| 12/31/2021 Q2 | 9/30/2021 Q1 | 6/30/2021 Q4 | 3/31/2021 Q3 | 12/31/2020 Q2 | 9/30/2020 Q1 | 6/30/2020 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (9,782) | (6,414) | (1,676) | (1,849) | (8,395) | (7,186) | (4,777) | |
| Other undisclosed comprehensive income (loss) | 253 | (461) | (310) | 37 | 257 | 277 | 568 | |
| Comprehensive loss: | (9,528) | (6,875) | (1,987) | (1,812) | (8,138) | (6,909) | (4,209) | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (14) | 14 | (8) | 2 | (71) | 13 | (25) | |
| Comprehensive loss, net of tax, attributable to parent: | (9,542) | (6,861) | (1,995) | (1,810) | (8,209) | (6,896) | (4,234) | |
Statements sources
The financial statements are based on the company's filings with the 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.