Saleen Automotive Inc (SLNN) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
2735 WARDLOW ROAD CORONA, CA 92882 |
| State of Incorp. | NV |
| Fiscal Year End | March 31 |
| Industry (SIC) | 3711 - Motor Vehicles and Passenger Car Bodies (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 12/31/2019 Q3 | 9/30/2019 Q2 | 6/30/2019 Q1 | 3/31/2019 Q4 | 12/31/2015 Q3 | 9/30/2015 Q2 | 6/30/2015 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 4,152 | 3,723 | 3,374 | 61 | 15 | 85 | |||
| Cash and cash equivalent | 4,152 | 3,723 | 3,374 | 61 | 15 | 85 | |||
| Receivables | 635 | 71 | 136 | 22 | 17 | 6 | |||
| Inventory, net of allowances, customer advances and progress billings | 264 | 127 | 108 | 128 | 237 | 227 | |||
| Inventory | 264 | 127 | 108 | 128 | 237 | 227 | |||
| Other current assets | 15 | 400 | |||||||
| Other undisclosed current assets | 4 | 2 | 22 | ||||||
| Total current assets: | 5,065 | 4,321 | 3,619 | 215 | 272 | 340 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 4,001 | 4,059 | ✕ | ✕ | ✕ | ||||
| Property, plant and equipment | 1,353 | 2,288 | 650 | 525 | 543 | 575 | |||
| Intangible assets, net (including goodwill) | 1,482 | ||||||||
| Intangible assets, net (excluding goodwill) | 1,482 | ||||||||
| Deposits noncurrent assets | |||||||||
| Other noncurrent assets | 71 | 71 | 71 | 5 | 5 | 5 | |||
| Total noncurrent assets: | 6,908 | 6,418 | 721 | 530 | 548 | 580 | |||
| TOTAL ASSETS: | 11,973 | 10,739 | 4,340 | 746 | 820 | 920 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 2,745 | 1,383 | 1,525 | 2,996 | 3,088 | 2,841 | |||
| Interest and dividends payable | 37 | 37 | 37 | 618 | 536 | 456 | |||
| Taxes payable | 1,129 | 831 | 503 | ||||||
| Employee-related liabilities | 456 | 763 | 708 | 716 | |||||
| Accounts payable | 126 | 202 | 352 | 1,616 | 1,843 | 1,668 | |||
| Accrued liabilities | 2,745 | 313 | 633 | ||||||
| Other undisclosed accounts payable and accrued liabilities | (1,748) | ||||||||
| Deferred revenue | 100 | 412 | ✕ | ✕ | ✕ | ||||
| Debt | 87 | 395 | 224 | 572 | 572 | 572 | |||
| Derivative instruments and hedges, liabilities | 182 | 319 | 473 | ||||||
| Other liabilities | 2,491 | 452 | 187 | 189 | 194 | ||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 500 | 500 | 500 | ||
| Due to related parties | 62 | 62 | 519 | 192 | 123 | 99 | |||
| Customer advances and deposits | ✕ | ✕ | ✕ | ✕ | 1,491 | 1,587 | 1,317 | ||
| Other undisclosed current liabilities | 3,438 | 1,188 | 1,543 | 830 | 757 | ||||
| Total current liabilities: | 6,431 | 5,931 | 2,720 | 7,662 | 7,208 | 6,753 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 3,756 | 3,813 | 3,748 | 3,831 | 3,659 | ||||
| Long-term debt, excluding current maturities | 3,748 | 3,831 | 3,659 | ||||||
| Operating lease, liability | 3,756 | 3,813 | ✕ | ✕ | ✕ | ||||
| Other undisclosed noncurrent liabilities | (3,756) | (274) | (291) | ||||||
| Total noncurrent liabilities: | 3,756 | 3,813 | 3,748 | 3,558 | 3,368 | ||||
| Other undisclosed liabilities | 1,679 | ||||||||
| Total liabilities: | 10,187 | 9,744 | 4,399 | 11,410 | 10,766 | 10,121 | |||
| Equity | |||||||||
| Equity, attributable to parent | 1,786 | 995 | (59) | (10,664) | (9,945) | (9,201) | |||
| Preferred stock | 0 | 0 | 0 | 0 | 0 | ||||
| Common stock | 25 | 25 | 25 | 1,230 | 490 | 461 | |||
| Additional paid in capital | 36,407 | 36,407 | 36,407 | 18,557 | 19,145 | 19,094 | |||
| Accumulated deficit | (34,646) | (35,437) | (36,490) | (30,451) | (29,580) | (28,755) | |||
| Total equity: | 1,786 | 995 | (59) | (10,664) | (9,945) | (9,201) | |||
| TOTAL LIABILITIES AND EQUITY: | 11,973 | 10,739 | 4,340 | 746 | 820 | 920 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 12/31/2019 Q3 | 9/30/2019 Q2 | 6/30/2019 Q1 | 3/31/2019 Q4 | 12/31/2015 Q3 | 9/30/2015 Q2 | 6/30/2015 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 11,858 | 11,936 | 10,937 | 552 | 627 | 1,592 | ||
| Cost of revenue | (9,104) | (9,555) | (2,353) | (494) | (587) | (1,252) | ||
| Cost of product and service sold | (494) | (587) | (1,252) | |||||
| Gross profit: | 2,755 | 2,381 | 8,584 | 59 | 40 | 340 | ||
| Operating expenses | (1,565) | (1,267) | (3,555) | (736) | (719) | (966) | ||
| Operating income (loss): | 1,190 | 1,113 | 5,028 | (677) | (679) | (626) | ||
| Nonoperating income | 101 | 1 | ||||||
| Interest and debt expense | (101) | (1) | 1,150 | (331) | (300) | (523) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (32) | |||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 1,190 | 1,113 | 6,147 | (1,008) | (980) | (1,149) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (101) | (1) | 32 | |||||
| Income (loss) from continuing operations before income taxes: | 1,089 | 1,112 | 6,178 | (1,008) | (980) | (1,149) | ||
| Income tax expense | (298) | (323) | ||||||
| Other undisclosed loss from continuing operations | (503) | |||||||
| Income (loss) from continuing operations: | 791 | 789 | 5,675 | (1,008) | (980) | (1,149) | ||
| Income (loss) before gain (loss) on sale of properties: | 791 | 789 | 5,675 | (1,008) | (980) | (1,149) | ||
| Net income (loss): | 791 | 789 | 5,675 | (1,008) | (980) | (1,149) | ||
| Other undisclosed net income (loss) attributable to parent | (1,087) | 137 | 154 | 768 | ||||
| Net income (loss) attributable to parent: | 791 | 789 | 4,588 | (871) | (825) | (381) | ||
| Other undisclosed net loss available to common stockholders, basic | (92) | |||||||
| Net income (loss) available to common stockholders, diluted: | 791 | 789 | 4,496 | (871) | (825) | (381) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2019 Q3 | 9/30/2019 Q2 | 6/30/2019 Q1 | 3/31/2019 Q4 | 12/31/2015 Q3 | 9/30/2015 Q2 | 6/30/2015 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 791 | 789 | 5,675 | (1,008) | (980) | (1,149) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 791 | 789 | 5,675 | (1,008) | (980) | (1,149) | ||
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.