Scientific Energy Inc (SCGY) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
ROOM M, 21F, TONG NAM A COMMERCIAL CTR MACAU, 00000 |
| State of Incorp. | UT |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6794 - Patent Owners and Lessors (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 3,164 | 2,678 | 4,920 | 14 | 85 | 153 | |||
| Cash and cash equivalent | 3,164 | 2,678 | 4,920 | 14 | 85 | 153 | |||
| Receivables | 2,297 | 2,510 | 2,783 | ||||||
| Inventory, net of allowances, customer advances and progress billings | 68 | 108 | 255 | ||||||
| Inventory | 68 | 108 | 255 | ||||||
| Prepaid expense | 646 | 637 | 369 | 3 | 7 | ||||
| Deferred costs | (922) | (870) | (715) | ||||||
| Intangible current assets | 1,423 | 1,009 | 1,226 | ||||||
| Other undisclosed current assets | 609 | 1,491 | 957 | ||||||
| Total current assets: | 7,284 | 7,562 | 9,796 | 14 | 87 | 160 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 192 | 79 | 77 | 1 | 2 | 1 | |||
| Intangible assets, net (including goodwill) | 74,091 | 72,674 | 72,891 | ||||||
| Goodwill | 72,668 | 71,665 | 71,665 | ||||||
| Intangible assets, net (excluding goodwill) | 1,423 | 1,009 | 1,226 | ||||||
| Prepaid expense | 146 | 353 | 526 | 15 | 20 | ||||
| Deposits noncurrent assets | 20 | ||||||||
| Other noncurrent assets | 236 | 516 | 587 | 51 | 14 | ||||
| Total noncurrent assets: | 74,665 | 73,620 | 74,081 | 66 | 36 | 22 | |||
| TOTAL ASSETS: | 81,949 | 81,183 | 83,877 | 81 | 123 | 182 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 7,777 | 9,588 | 9,062 | 1,164 | 1,160 | 1,154 | |||
| Accounts payable | 5,077 | 6,805 | 6,200 | ||||||
| Accrued liabilities | 2,699 | 2,783 | 2,862 | ||||||
| Other undisclosed accounts payable and accrued liabilities | 1,164 | 1,160 | 1,154 | ||||||
| Debt | 2,240 | 1,493 | 1,275 | 900 | 100 | ||||
| Other liabilities | 188 | 348 | 400 | 51 | 14 | ||||
| Due to related parties | ✕ | ✕ | 20 | 20 | |||||
| Other undisclosed current liabilities | 3,072 | 1,919 | 3,120 | 347 | |||||
| Total current liabilities: | 13,276 | 13,367 | 12,602 | 2,491 | 2,073 | 1,601 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 19 | 717 | 481 | ||||||
| Long-term debt, excluding current maturities | 19 | 717 | 481 | ||||||
| Other undisclosed noncurrent liabilities | 48 | 168 | 187 | ||||||
| Total noncurrent liabilities: | 67 | 885 | 668 | ||||||
| Total liabilities: | 13,343 | 14,252 | 13,270 | 2,491 | 2,073 | 1,601 | |||
| Equity | |||||||||
| Equity, attributable to parent | 69,187 | 67,092 | 70,711 | (2,410) | (1,950) | (1,419) | |||
| Common stock | 2,633 | 2,633 | 2,633 | 1,149 | 1,149 | 1,149 | |||
| Additional paid in capital | 78,461 | 78,461 | 78,461 | 5,734 | 5,734 | 5,734 | |||
| Accumulated other comprehensive income (loss) | 40 | 33 | (114) | 8 | 6 | (7) | |||
| Accumulated deficit | (11,947) | (14,035) | (10,269) | (9,301) | (8,840) | (8,295) | |||
| Equity, attributable to noncontrolling interest | (581) | (161) | (104) | ||||||
| Total equity: | 68,606 | 66,931 | 70,607 | (2,410) | (1,950) | (1,419) | |||
| TOTAL LIABILITIES AND EQUITY: | 81,949 | 81,183 | 83,877 | 81 | 123 | 182 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 38,958 | 44,112 | 10,050 | 23 | 677 | |||
| Revenue from related parties | ✕ | ✕ | 677 | |||||
| Other income | 47 | 64 | 0 | 23 | ||||
| Cost of revenue | (21,098) | (30,902) | (7,665) | |||||
| Gross profit: | 17,860 | 13,210 | 2,385 | 23 | 677 | |||
| Operating expenses | (15,967) | (17,053) | (3,344) | (473) | (524) | (341) | ||
| Other undisclosed operating loss | (23) | (677) | ||||||
| Operating income (loss): | 1,894 | (3,843) | (959) | (473) | (524) | (341) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 1,894 | (3,843) | (959) | (473) | (524) | (341) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (57) | 21 | (29) | 11 | (21) | (2) | ||
| Income (loss) from continuing operations before income taxes: | 1,837 | (3,823) | (988) | (462) | (544) | (343) | ||
| Income tax expense | (9) | |||||||
| Income (loss) from continuing operations: | 1,828 | (3,823) | (988) | (462) | (544) | (343) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (988) | (462) | (544) | (343) | |
| Other undisclosed net loss | ||||||||
| Net income (loss): | 1,828 | (3,823) | (988) | (462) | (544) | (343) | ||
| Net income attributable to noncontrolling interest | 260 | 56 | 20 | |||||
| Net income (loss) available to common stockholders, diluted: | 2,088 | (3,766) | (968) | (462) | (544) | (343) | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 1,828 | (3,823) | (988) | (462) | (544) | (343) | ||
| Other comprehensive income | 344 | |||||||
| Comprehensive income (loss): | 1,828 | (3,823) | (988) | (462) | (544) | 1 | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 260 | 56 | 20 | |||||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | ||||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 2,088 | (3,766) | (968) | (462) | (544) | 1 | ||
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.