SOUTHERN ITS INTERNATIONAL, INC. (SITS) Financial Statements (2025 and earlier)
Company Profile
Business Address |
42215 WASHINGTON STREET PALM DESERT, CA 92211 |
State of Incorp. | NV |
Fiscal Year End | December 31 |
Industry (SIC) | 7372 - Prepackaged Software (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
9/30/2016 MRQ | 12/31/2015 | |||
---|---|---|---|---|
ASSETS | ||||
Current Assets | ||||
Prepaid expense | 2 | |||
Other undisclosed current assets | 25 | |||
Total current assets: | 27 | |||
Noncurrent Assets | ||||
Property, plant and equipment | 3 | |||
Total noncurrent assets: | 3 | |||
TOTAL ASSETS: | 30 | |||
LIABILITIES AND EQUITY | ||||
Liabilities | ||||
Current Liabilities | ||||
Accounts payable and accrued liabilities | 458 | |||
Accrued liabilities | 458 | |||
Other undisclosed accounts payable and accrued liabilities | ||||
Other undisclosed current liabilities | 2,616 | |||
Total current liabilities: | 3,075 | |||
Noncurrent Liabilities | ||||
Total liabilities: | 3,075 | |||
Equity | ||||
Equity, attributable to parent | (3,045) | |||
Preferred stock | 5 | |||
Common stock | 21 | |||
Additional paid in capital | 6,098 | |||
Accumulated deficit | (9,169) | |||
Total equity: | (3,045) | |||
TOTAL LIABILITIES AND EQUITY: | 30 |
Income Statement (P&L) ($ in thousands)
9/30/2016 TTM | 12/31/2015 | ||
---|---|---|---|
Revenues | 1,390 | ||
Cost of revenue (Cost of Goods and Services Sold) | (1,377) | ||
Gross profit: | 13 | ||
Operating expenses | (295) | ||
Operating loss: | (282) | ||
Nonoperating expense | (736) | ||
Other nonoperating expense | (736) | ||
Interest and debt expense | (42) | ||
Loss from continuing operations before equity method investments, income taxes: | (1,060) | ||
Other undisclosed income from continuing operations before income taxes | 42 | ||
Loss from continuing operations: | (1,018) | ||
Other undisclosed net loss | |||
Net loss: | (1,018) | ||
Other undisclosed net income attributable to parent | |||
Net loss available to common stockholders, diluted: | (1,018) |
Comprehensive Income ($ in thousands)
9/30/2016 TTM | 12/31/2015 | ||
---|---|---|---|
Net loss: | (1,018) | ||
Comprehensive loss, net of tax, attributable to parent: | (1,018) |
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.