Safe & Green Holdings Corp. (SGBX) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
195 MONTAGUE STREET, 14TH FLOOR BROOKLYN, NY 11201 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 503 - Lumber And Other Construction Materials (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2024 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 | 17 | 583 | 13,024 | 13,010 | 1,626 | 1,368 | |||
| Cash and cash equivalents | 17 | 583 | 13,024 | 13,010 | 1,626 | 1,368 | |||
| Receivables | 183 | 1,280 | 2,918 | 2,942 | 1,101 | 1,746 | |||
| Inventory, net of allowances, customer advances and progress billings | 157 | 466 | 1,274 | 778 | |||||
| Inventory | 157 | 466 | 1,274 | 778 | |||||
| Contract with customer, asset, after allowance for credit loss | 11 | 36 | 42 | 1,303 | 106 | 260 | |||
| Asset, held-for-sale, not part of disposal group | 4,400 | 4,397 | |||||||
| Other undisclosed current assets | 573 | 744 | 656 | 265 | 74 | 987 | |||
| Total current assets: | 5,341 | 7,506 | 17,914 | 18,298 | 2,907 | 4,362 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 1,987 | 4,421 | 1,210 | 1,538 | ✕ | ||||
| Property, plant and equipment | 5,582 | 5,609 | 6,840 | 2,683 | 12 | 71 | |||
| Long-term investments and receivables | 3,643 | 5,157 | 4,520 | 683 | |||||
| Long-term investments | 3,643 | 4,300 | 3,800 | ||||||
| Accounts and financing receivable, after allowance for credit loss | 858 | 720 | 683 | ||||||
| Intangible assets, net (including goodwill) | 24 | 3,307 | 3,405 | 3,528 | 3,522 | 6,606 | |||
| Goodwill | 1,309 | 1,309 | 1,309 | 1,224 | 4,162 | ||||
| Intangible assets, net (excluding goodwill) | 24 | 1,998 | 2,095 | 2,219 | 2,299 | 2,444 | |||
| Deferred costs | 31 | 71 | 112 | 153 | 194 | ||||
| Other undisclosed noncurrent assets | 604 | 484 | 923 | ||||||
| Total noncurrent assets: | 11,871 | 19,049 | 17,010 | 8,584 | 3,728 | 6,677 | |||
| TOTAL ASSETS: | 17,211 | 26,556 | 34,924 | 26,882 | 6,635 | 11,039 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 9,854 | 4,010 | 7,569 | 3,962 | 2,106 | 2,624 | |||
| Taxes payable | ✕ | ✕ | ✕ | 38 | |||||
| Employee-related liabilities | ✕ | ✕ | ✕ | 545 | |||||
| Accounts payable | 3,147 | 3,785 | |||||||
| Accrued liabilities | 1,349 | 419 | |||||||
| Other undisclosed accounts payable and accrued liabilities | 8,505 | 444 | 3,202 | 3,962 | 2,106 | 2,624 | |||
| Deferred revenue | 1,367 | 437 | 1,438 | 1,775 | 169 | ✕ | |||
| Debt | 8,472 | 2,648 | 24 | 19 | |||||
| Liabilities of business transferred under contractual arrangement | 6 | 6 | 201 | ||||||
| Other liabilities | 5 | ||||||||
| Due to related parties | ✕ | ✕ | 264 | 966 | |||||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 1,335 | ||
| Other undisclosed current liabilities | 856 | 1,225 | 2,286 | 308 | |||||
| Total current liabilities: | 20,549 | 8,326 | 11,586 | 7,235 | 2,274 | 3,959 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 2,447 | 750 | 1,622 | 1,210 | |||||
| Long-term debt, excluding current maturities | 2,447 | 750 | 750 | ||||||
| Liabilities, other than long-term debt | 549 | 3,040 | |||||||
| Operating lease, liability | 549 | 3,040 | 872 | 1,210 | ✕ | ||||
| Business combination, contingent consideration, liability | |||||||||
| Other undisclosed noncurrent liabilities | (872) | (1,210) | |||||||
| Total noncurrent liabilities: | 2,997 | 3,790 | 1,622 | 1,210 | |||||
| Total liabilities: | 23,546 | 12,116 | 13,208 | 8,444 | 2,274 | 3,959 | |||
| Equity | |||||||||
| Equity, attributable to parent | (7,459) | 14,822 | 20,352 | 18,253 | 4,360 | 7,080 | |||
| Common stock | 9 | 126 | 120 | 86 | 12 | 43 | |||
| Treasury stock, value | (92) | (50) | |||||||
| Additional paid in capital | 68,555 | 56,174 | 53,341 | 40,444 | 21,932 | 17,701 | |||
| Accumulated deficit | (75,931) | (41,428) | (33,109) | (22,277) | (17,584) | (10,663) | |||
| Equity, attributable to noncontrolling interest | 1,124 | (383) | 1,364 | 185 | |||||
| Total equity: | (6,335) | 14,440 | 21,716 | 18,438 | 4,360 | 7,080 | |||
| TOTAL LIABILITIES AND EQUITY: | 17,211 | 26,556 | 34,924 | 26,882 | 6,635 | 11,039 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 16,523 | 24,394 | 38,342 | 8,756 | 2,985 | 8,191 | ||
| Cost of revenue | (19,079) | (21,140) | (36,013) | (6,535) | (2,307) | (7,648) | ||
| Other cost of operating revenue | (16,900) | |||||||
| Gross profit: | (2,556) | 3,254 | 2,329 | 2,220 | 677 | 543 | ||
| Operating expenses | (22,216) | (10,484) | (8,312) | (6,803) | (7,381) | (5,389) | ||
| Operating loss: | (24,773) | (7,230) | (5,983) | (4,583) | (6,704) | (4,846) | ||
| Nonoperating income (expense) | (1,985) | 141 | 74 | 75 | (217) | 2 | ||
| Investment income, nonoperating | 0 | (262) | 56 | 52 | (179) | 0 | ||
| Other nonoperating income | 623 | 428 | 63 | 23 | 15 | 6 | ||
| Interest and debt expense | (2,609) | (73) | ||||||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 73 | |||||||
| Loss from continuing operations before equity method investments, income taxes: | (29,367) | (7,089) | (5,908) | (4,508) | (6,921) | (4,844) | ||
| Other undisclosed income from continuing operations before income taxes | 2,609 | |||||||
| Loss from continuing operations before income taxes: | (26,758) | (7,089) | (5,908) | (4,508) | (6,921) | (4,844) | ||
| Income tax benefit | 5,532 | 2,289 | 1,542 | 264 | 356 | |||
| Other undisclosed income from continuing operations | ||||||||
| Loss from continuing operations: | (21,226) | (4,800) | (5,908) | (2,966) | (6,656) | (4,488) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (5,908) | (2,966) | (6,656) | (4,488) | |
| Other undisclosed net loss | (5,532) | (2,289) | (1,542) | (264) | (356) | |||
| Net loss: | (26,758) | (7,089) | (5,908) | (4,508) | (6,921) | (4,844) | ||
| Net income (loss) attributable to noncontrolling interest | 475 | (1,230) | (4,924) | (185) | ||||
| Other undisclosed net income attributable to parent | ||||||||
| Net loss attributable to parent: | (26,283) | (8,319) | (10,833) | (4,693) | (6,921) | (4,844) | ||
| Other undisclosed net loss available to common stockholders, basic | ||||||||
| Net loss available to common stockholders, diluted: | (26,283) | (8,319) | (10,833) | (4,693) | (6,921) | (4,844) | ||
Comprehensive Income ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (26,758) | (7,089) | (5,908) | (4,508) | (6,921) | (4,844) | ||
| Comprehensive loss: | (26,758) | (7,089) | (5,908) | (4,508) | (6,921) | (4,844) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 475 | (1,230) | (4,924) | (185) | ||||
| Other undisclosed comprehensive income, net of tax, attributable to parent | ||||||||
| Comprehensive loss, net of tax, attributable to parent: | (26,283) | (8,319) | (10,833) | (4,693) | (6,921) | (4,844) | ||
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.