Scientific Energy Inc (SCGY) Financial Statements (2024 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)

3/31/2024
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 investments3,1642,6784,9201485153
Cash and cash equivalents3,1642,6784,9201485153
Receivables2,2972,5102,783   
Inventory, net of allowances, customer advances and progress billings68108255   
Inventory68108255   
Prepaid expense646637369 37
Deferred costs(922)(870)(715)   
Intangible current assets1,4231,0091,226   
Other undisclosed current assets6091,491957   
Total current assets:7,2847,5629,7961487160
Noncurrent Assets
Property, plant and equipment1927977121
Intangible assets, net (including goodwill)74,09172,67472,891   
Goodwill72,66871,66571,665   
Intangible assets, net (excluding goodwill)1,4231,0091,226   
Prepaid expense1463535261520 
Deposits noncurrent assets      20
Other noncurrent assets2365165875114 
Total noncurrent assets:74,66573,62074,081663622
TOTAL ASSETS:81,94981,18383,87781123182
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:7,7779,5889,0621,1641,1601,154
Accounts payable5,0776,8056,200   
Accrued liabilities2,6992,7832,862   
Other undisclosed accounts payable and accrued liabilities    1,1641,1601,154
Debt2,2401,493 1,275900100
Other liabilities1883484005114 
Due to related parties2020   
Other undisclosed current liabilities3,0721,9193,120  347
Total current liabilities:13,27613,36712,6022,4912,0731,601
Noncurrent Liabilities
Long-term debt and lease obligation 19717481   
Long-term debt, excluding current maturities 19717481   
Other undisclosed noncurrent liabilities48168187   
Total noncurrent liabilities:67885668   
Total liabilities:13,34314,25213,2702,4912,0731,601
Equity
Equity, attributable to parent69,18767,09270,711(2,410)(1,950)(1,419)
Common stock2,6332,6332,6331,1491,1491,149
Additional paid in capital78,46178,46178,4615,7345,7345,734
Accumulated other comprehensive income (loss)4033(114)86(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:68,60666,93170,607(2,410)(1,950)(1,419)
TOTAL LIABILITIES AND EQUITY:81,94981,18383,87781123182

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

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues38,95844,11210,05023677 
Revenue from related parties   677 
Other income 4764023  
Cost of revenue(21,098)(30,902)(7,665)   
Gross profit:17,86013,2102,38523677 
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 interest2605620   
Net income (loss) available to common stockholders, diluted:2,088(3,766)(968)(462)(544)(343)

Comprehensive Income ($ in thousands)

3/31/2024
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 interest2605620   
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.

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