Southern States Sign Co (SOST) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
VIALE BRUNO BUOZZI, N. 83 ROME PARIOLI, 00197 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7011 - Hotels and Motels (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 728 | 441 | ||
| Cash and cash equivalents | 728 | 441 | ||
| Receivables | 1,986 | 4,701 | ||
| Prepaid expense and other current assets | ✕ | 340 | ||
| Other current assets | 1,270 | ✕ | ||
| Other undisclosed current assets | 20,128 | 23,671 | ||
| Total current assets: | 24,112 | 29,153 | ||
| Noncurrent Assets | ||||
| Property, plant and equipment | 58,375 | 69,171 | ||
| Intangible assets, net (including goodwill) | 1,541 | 1,541 | ||
| Goodwill | 1,541 | 1,541 | ||
| Other noncurrent assets | 10,492 | ✕ | ||
| Prepaid expense and other noncurrent assets | ✕ | 10,535 | ||
| Total noncurrent assets: | 70,408 | 81,247 | ||
| TOTAL ASSETS: | 94,520 | 110,400 | ||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities | 7,207 | 7,774 | ||
| Accounts payable | 7,207 | 7,774 | ||
| Debt | 11,878 | 14,191 | ||
| Estimated litigation liability | 2,250 | |||
| Other liabilities | 2,652 | 4,232 | ||
| Other undisclosed current liabilities | 4,359 | 7,014 | ||
| Total current liabilities: | 28,346 | 33,211 | ||
| Noncurrent Liabilities | ||||
| Long-term debt and lease obligation | 36,581 | 42,188 | ||
| Long-term debt, excluding current maturities | 36,581 | 42,188 | ||
| Liabilities, other than long-term debt | 4,612 | 70 | ||
| Other liabilities | 4,612 | 70 | ||
| Other undisclosed noncurrent liabilities | 2,361 | 626 | ||
| Total noncurrent liabilities: | 43,554 | 42,884 | ||
| Total liabilities: | 71,900 | 76,095 | ||
| Equity | ||||
| Equity, attributable to parent | 22,620 | 33,445 | ||
| Common stock | 27 | 27 | ||
| Additional paid in capital | 26,059 | 26,059 | ||
| Retained earnings (accumulated deficit) | (3,466) | 7,359 | ||
| Equity, attributable to noncontrolling interest | 860 | |||
| Total equity: | 22,620 | 34,305 | ||
| TOTAL LIABILITIES AND EQUITY: | 94,520 | 110,400 | ||
Income Statement (P&L) ($ in thousands)
| 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|
| Revenues | 3,483 | 4,420 | |
| Cost of revenue (Cost of Goods and Services Sold) | (1,884) | (929) | |
| Gross profit: | 1,599 | 3,491 | |
| Operating expenses | (13,677) | (3,725) | |
| Other undisclosed operating income | 1,884 | 929 | |
| Operating income (loss): | (10,194) | 695 | |
| Nonoperating income (Investment Income, Nonoperating) | 697 | 33 | |
| Interest and debt expense | 2,346 | (2,345) | |
| Loss from continuing operations before equity method investments, income taxes: | (7,151) | (1,617) | |
| Other undisclosed loss from continuing operations before income taxes | (4,692) | ||
| Loss from continuing operations before income taxes: | (11,843) | (1,617) | |
| Income tax expense (benefit) | 769 | (725) | |
| Loss from continuing operations: | (11,074) | (2,342) | |
| Loss before gain (loss) on sale of properties: | (11,072) | (3,760) | |
| Income (loss) from discontinued operations | 2 | (1,418) | |
| Other undisclosed net income (loss) | (602) | 11,881 | |
| Net income (loss): | (11,674) | 8,121 | |
| Net loss attributable to noncontrolling interest | (32) | ||
| Other undisclosed net income attributable to parent | 64 | ||
| Net income (loss) available to common stockholders, diluted: | (11,674) | 8,153 | |
Comprehensive Income ($ in thousands)
| 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|
| Net income (loss): | (11,674) | 8,121 | |
| Other comprehensive income (loss) | (11,657) | 8,159 | |
| Comprehensive income (loss): | (23,331) | 16,280 | |
| Comprehensive income, net of tax, attributable to noncontrolling interest | 32 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (23,331) | 16,312 | |
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.