Splash Beverage Group, Inc. (NV) (SBEV) Financial Statements (2024 and earlier)

Company Profile

Business Address 1314 E LAS OLAS BLVD, SUITE 221
FORT LAUDERDALE, FL 33301
State of Incorp. NV
Fiscal Year End December 31
Industry (SIC) 208 - Beverages (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments969032,1464,4322,6014,206
Cash and cash equivalents969032,1464,4322,6014,206
Receivables1,8902,1472,6812,1561,9402,011
Inventory, net of allowances, customer advances and progress billings2,9073,4473,1453,7213,5842,643
Inventory2,9073,4473,1453,7213,5842,643
Prepaid expense225397926348586610
Total current assets:5,1196,8958,89810,6588,7129,470
Noncurrent Assets
Operating lease, right-of-use asset620596674750828881
Property, plant and equipment386424461490557509
Intangible assets, net (including goodwill)4,8214,9195,0175,1085,5675,665
Goodwill257257257257257257
Intangible assets, net (excluding goodwill)4,5644,6624,7604,8515,3105,408
Other undisclosed noncurrent assets299299299299299345
Total noncurrent assets:6,1256,2386,4516,6477,2527,400
TOTAL ASSETS:11,24413,13315,34917,30515,96316,870
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities4,6963,6083,0823,5252,4552,711
Interest and dividends payable184167
Accounts payable4,1993,3082,9193,3832,0882,376
Accrued liabilities496301163142184167
Debt5,5494,2721,2761,0801,3871,321
Business combination, contingent consideration, liability   92921,161 
Due to related parties 75 
Other undisclosed current liabilities885681451269107429
Total current liabilities:11,1308,5614,9004,9665,1854,461
Noncurrent Liabilities
Long-term debt and lease obligation4092372,4322,536786952
Long-term debt, excluding current maturities4092372,4322,536248358
Liabilities, other than long-term debt363365423481  
Operating lease, liability363365423481537594
Other undisclosed noncurrent liabilities     (537)(594)
Total noncurrent liabilities:7726022,8553,017786952
Total liabilities:11,9029,1637,7557,9835,9715,412
Equity
Equity, attributable to parent, including:(658)3,9707,5939,3229,99211,458
Common stock434341414037
Additional paid in capital126,648125,636123,635121,633117,488113,821
Accumulated other comprehensive income (loss)(8)(38)(22)(20)2 
Accumulated deficit(127,341)(121,671)(116,060)(112,331)(107,538)(102,394)
Other undisclosed equity, attributable to parent      (7)
Total equity:(658)3,9707,5939,3229,99211,458
TOTAL LIABILITIES AND EQUITY:11,24413,13315,34917,30515,96316,870

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

12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
Revenues5,1445,1955,8234,7924,8704,499
Cost of revenue(3,847)(3,418)(4,061)(1,529)(3,719)(3,826)
Gross profit:1,2971,7771,7613,2631,151673
Operating expenses(5,620)(5,998)(5,216)(8,033)(6,262)(6,502)
Other undisclosed operating income      0
Operating loss:(4,324)(4,221)(3,455)(4,771)(5,111)(5,829)
Nonoperating expense
(Other Nonoperating expense)
(1,347)(1,389)(274)(23)(66)(71)
Interest and debt expense(221)(173)(167)(26)(66)(73)
Loss from continuing operations:(5,892)(5,783)(3,896)(4,819)(5,243)(5,973)
Loss before gain (loss) on sale of properties:(5,243)(5,948)
Income from discontinued operations      25
Other undisclosed net income   1675  
Net loss:(5,892)(5,783)(3,729)(4,814)(5,243)(5,948)
Other undisclosed net income attributable to parent221173 2099189
Net loss available to common stockholders, diluted:(5,670)(5,610)(3,729)(4,793)(5,144)(5,759)

Comprehensive Income ($ in thousands)

12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
Net loss:(5,892)(5,783)(3,729)(4,814)(5,243)(5,948)
Other comprehensive loss(5,641)(5,626)(3,731)   
Other undisclosed comprehensive loss    (21,711)  
Comprehensive loss, net of tax, attributable to parent:(11,532)(11,409)(7,460)(26,525)(5,243)(5,948)

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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