Sadot Group Inc. (SDOT) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1751 RIVER RUN WESTBEND FORT WORTH, TX 76107 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 581 - Eating And Drinking Places (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 investments | 1,354 | 9,898 | 15,767 | 4,196 | 479 | 358 | |||
| Cash and cash equivalents | 1,354 | 9,898 | 15,767 | 4,196 | 479 | 358 | |||
| Receivables | 52,920 | 363 | 1,789 | 143 | 39 | 38 | |||
| Inventory, net of allowances, customer advances and progress billings | 2,561 | 297 | 259 | 114 | 78 | 45 | |||
| Inventory | 2,561 | 297 | 259 | 114 | 78 | 45 | |||
| Prepaid expense | 89 | 84 | |||||||
| Disposal group, including discontinued operation | |||||||||
| Other current assets | 56,016 | ||||||||
| Other undisclosed current assets | 72 | 41 | 185 | 197 | |||||
| Total current assets: | 112,851 | 10,648 | 17,970 | 4,493 | 781 | 638 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 1,284 | 2,433 | ✕ | ||||||
| Property, plant and equipment | 12,883 | 1,895 | 2,280 | 2,343 | 1,647 | 637 | |||
| Long-term investments and receivables | 1 | 99 | 76 | ||||||
| Accounts and financing receivable, after allowance for credit loss | 1 | 99 | 76 | ||||||
| Intangible assets, net (including goodwill) | 4,631 | 7,237 | 9,014 | 3,535 | 3,695 | 3,103 | |||
| Goodwill | 1,798 | 2,626 | 2,626 | 656 | 656 | ||||
| Intangible assets, net (excluding goodwill) | 2,833 | 4,611 | 6,387 | 2,878 | 3,039 | 3,103 | |||
| Deposits noncurrent assets | 132 | ||||||||
| Other noncurrent assets | 46,442 | ||||||||
| Other undisclosed noncurrent assets | 5,016 | 168 | 39 | 34 | |||||
| Total noncurrent assets: | 65,240 | 16,582 | 11,462 | 6,010 | 5,480 | 3,849 | |||
| TOTAL ASSETS: | 178,091 | 27,230 | 29,432 | 10,504 | 6,261 | 4,487 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 50,167 | 1,953 | 2,209 | 1,501 | 2,631 | 2,887 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 28 | 25 | 521 | 250 | ||
| Taxes payable | ✕ | ✕ | ✕ | 126 | 231 | 329 | 297 | ||
| Employee-related liabilities | ✕ | ✕ | ✕ | 759 | 79 | 139 | 181 | ||
| Accounts payable | 3,488 | 1,085 | 735 | 693 | 858 | 841 | |||
| Accrued liabilities | 204 | 87 | 467 | 436 | 645 | 991 | |||
| Other undisclosed accounts payable and accrued liabilities | 46,475 | 781 | 94 | 37 | 139 | 327 | |||
| Deferred revenue | 95 | 50 | 63 | 123 | ✕ | ||||
| Debt | 6,531 | 305 | 348 | 182 | 82 | 139 | |||
| Deferred rent credit | 37 | 21 | 21 | 14 | |||||
| Disposal group, including discontinued operation | |||||||||
| Other liabilities | 46,270 | 182 | 286 | 641 | 653 | 607 | |||
| Due to related parties | ✕ | ✕ | 702 | 352 | |||||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 908 | ||
| Other undisclosed current liabilities | 1,614 | 4,080 | 627 | ||||||
| Total current liabilities: | 104,582 | 6,615 | 2,929 | 3,110 | 4,488 | 4,556 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 622 | 759 | 1,005 | 575 | 315 | 2,240 | |||
| Long-term debt, excluding current maturities | 622 | 759 | 1,005 | 575 | 315 | 2,240 | |||
| Liabilities, other than long-term debt | 1,027 | 3,295 | 1,105 | 1,024 | 1,212 | 534 | |||
| Deferred revenue | 1,276 | 1,014 | 944 | 1,153 | ✕ | ||||
| Deferred rent credit | 91 | 79 | 59 | 45 | |||||
| Due to related parties | ✕ | ✕ | 489 | ||||||
| Operating lease, liability | 1,027 | 2,019 | ✕ | ||||||
| Other undisclosed noncurrent liabilities | 47,603 | ||||||||
| Total noncurrent liabilities: | 49,252 | 4,053 | 2,110 | 1,599 | 1,527 | 2,774 | |||
| Total liabilities: | 153,834 | 10,669 | 5,039 | 4,708 | 6,015 | 7,330 | |||
| Equity | |||||||||
| Equity, attributable to parent | 20,821 | 16,561 | 24,393 | 5,795 | 246 | (2,843) | |||
| Common stock | 4 | 3 | 3 | 1 | 1 | 16,260 | |||
| Additional paid in capital | 107,988 | 95,913 | 95,760 | 68,988 | 53,340 | 4,731 | |||
| Accumulated other comprehensive income (loss) | 8 | ||||||||
| Accumulated deficit | (87,179) | (79,355) | (71,370) | (63,194) | (53,095) | (23,834) | |||
| Equity, attributable to noncontrolling interest | 3,436 | ||||||||
| Total equity: | 24,257 | 16,561 | 24,393 | 5,795 | 246 | (2,843) | |||
| TOTAL LIABILITIES AND EQUITY: | 178,091 | 27,230 | 29,432 | 10,504 | 6,261 | 4,487 | |||
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 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 161,698 | 10,350 | 4,473 | 4,959 | 6,023 | |||
| Cost of revenue (Cost of Goods and Services Sold) | (716,755) | |||||||
| Other undisclosed gross profit | 726,686 | |||||||
| Gross profit: | 9,931 | 161,698 | 10,350 | 4,473 | 4,959 | 6,023 | ||
| Operating expenses | (13,222) | (169,816) | (19,822) | (14,431) | (8,613) | (9,609) | ||
| Other undisclosed operating income (loss) | (6,477) | |||||||
| Operating loss: | (9,768) | (8,117) | (9,473) | (9,957) | (3,654) | (3,586) | ||
| Nonoperating income (expense) | 308 | 179 | 1,297 | (142) | (24,731) | (3,619) | ||
| Investment income, nonoperating | (983) | |||||||
| Other nonoperating income (expense) | 308 | 45 | (9) | 27 | 1 | 96 | ||
| Interest and debt expense | (7) | 1,228 | (116) | (1,577) | ||||
| Loss from continuing operations before equity method investments, income taxes: | (9,460) | (7,944) | (6,948) | (10,215) | (29,962) | (7,205) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 1,403 | 7 | (1,228) | 116 | 1,577 | |||
| Loss from continuing operations before income taxes: | (8,057) | (7,938) | (8,176) | (10,099) | (28,385) | (7,205) | ||
| Income tax expense (benefit) | 15 | (25) | (2,194) | (2,740) | (1,773) | (809) | ||
| Loss from continuing operations: | (8,042) | (7,962) | (10,370) | (12,839) | (30,158) | (8,014) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (10,370) | (12,839) | (30,158) | (8,014) | |
| Other undisclosed net income | 1,773 | 809 | ||||||
| Net loss: | (8,042) | (7,962) | (10,370) | (12,839) | (28,385) | (7,205) | ||
| Net income attributable to noncontrolling interest | 218 | 2 | ||||||
| Other undisclosed net income attributable to parent | 2,194 | 2,740 | ||||||
| Net loss available to common stockholders, diluted: | (7,824) | (7,962) | (8,176) | (10,099) | (28,385) | (7,202) | ||
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 loss: | (8,042) | (7,962) | (10,370) | (12,839) | (28,385) | (7,205) | ||
| Other comprehensive income (loss) | 8 | |||||||
| Other undisclosed comprehensive income | ||||||||
| Comprehensive loss: | (8,034) | (7,962) | (10,370) | (12,839) | (28,385) | (7,205) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 218 | 2 | ||||||
| Comprehensive loss, net of tax, attributable to parent: | (7,816) | (7,962) | (10,370) | (12,839) | (28,385) | (7,202) | ||
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.