Saleen Automotive Inc (SLNN) Financial Statements (2024 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)

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 investments4,1523,7233,374611585
Cash and cash equivalents4,1523,7233,374611585
Receivables6357113622176
Inventory, net of allowances, customer advances and progress billings264127108128237227
Inventory264127108128237227
Other current assets15400    
Other undisclosed current assets    4222
Total current assets:5,0654,3213,619215272340
Noncurrent Assets
Operating lease, right-of-use asset4,0014,059 
Property, plant and equipment1,3532,288650525543575
Intangible assets, net (including goodwill)1,482     
Intangible assets, net (excluding goodwill)1,482     
Deposits noncurrent assets      
Other noncurrent assets 717171555
Total noncurrent assets:6,9086,418721530548580
TOTAL ASSETS:11,97310,7394,340746820920
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:2,7451,3831,5252,9963,0882,841
Interest and dividends payable373737618536456
Taxes payable1,129831503   
Employee-related liabilities456  763708716
Accounts payable1262023521,6161,8431,668
Accrued liabilities2,745313633   
Other undisclosed accounts payable and accrued liabilities (1,748)     
Deferred revenue 100412 
Debt87395224572572572
Derivative instruments and hedges, liabilities    182319473
Other liabilities  2,491452187189194
Deferred revenue and credits500500500
Due to related parties626251919212399
Customer advances and deposits1,4911,5871,317
Other undisclosed current liabilities3,4381,188 1,543830757
Total current liabilities:6,4315,9312,7207,6627,2086,753
Noncurrent Liabilities
Long-term debt and lease obligation3,7563,813 3,7483,8313,659
Long-term debt, excluding current maturities    3,7483,8313,659
Operating lease, liability3,7563,813 
Other undisclosed noncurrent liabilities(3,756)   (274)(291)
Total noncurrent liabilities:3,7563,813 3,7483,5583,368
Other undisclosed liabilities   1,679   
Total liabilities:10,1879,7444,39911,41010,76610,121
Equity
Equity, attributable to parent1,786995(59)(10,664)(9,945)(9,201)
Preferred stock000 00
Common stock2525251,230490461
Additional paid in capital36,40736,40736,40718,55719,14519,094
Accumulated deficit(34,646)(35,437)(36,490)(30,451)(29,580)(28,755)
Total equity:1,786995(59)(10,664)(9,945)(9,201)
TOTAL LIABILITIES AND EQUITY:11,97310,7394,340746820920

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

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
Revenues11,85811,93610,9375526271,592
Cost of revenue(9,104)(9,555)(2,353)(494)(587)(1,252)
Cost of goods and services sold    (494)(587)(1,252)
Gross profit:2,7552,3818,5845940340
Operating expenses(1,565)(1,267)(3,555)(736)(719)(966)
Operating income (loss):1,1901,1135,028(677)(679)(626)
Nonoperating income1011    
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:1,1901,1136,147(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:1,0891,1126,178(1,008)(980)(1,149)
Income tax expense(298)(323)    
Other undisclosed loss from continuing operations   (503)   
Income (loss) from continuing operations:7917895,675(1,008)(980)(1,149)
Income (loss) before gain (loss) on sale of properties:7917895,675(1,008)(980)(1,149)
Net income (loss):7917895,675(1,008)(980)(1,149)
Other undisclosed net income (loss) attributable to parent   (1,087)137154768
Net income (loss) attributable to parent:7917894,588(871)(825)(381)
Other undisclosed net loss available to common stockholders, basic   (92)   
Net income (loss) available to common stockholders, diluted:7917894,496(871)(825)(381)

Comprehensive Income ($ in thousands)

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):7917895,675(1,008)(980)(1,149)
Comprehensive income (loss), net of tax, attributable to parent:7917895,675(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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: