Sacks Parente Golf Inc. (SPGC) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
551 CALLE SAN PABLO CAMARILLO, CA 93012 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3949 - Sporting and Athletic Goods, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2024 MRQ | 12/31/2023 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 5,338 | |||
| Cash and cash equivalents | 5,338 | |||
| Receivables | 53 | |||
| Inventory, net of allowances, customer advances and progress billings | 248 | |||
| Inventory | 248 | |||
| Other undisclosed current assets | 196 | |||
| Total current assets: | 5,835 | |||
| Noncurrent Assets | ||||
| Operating lease, right-of-use asset | 65 | |||
| Property, plant and equipment | 379 | |||
| Deposits noncurrent assets | 5 | |||
| Deferred costs | ||||
| Other undisclosed noncurrent assets | 110 | |||
| Total noncurrent assets: | 559 | |||
| TOTAL ASSETS: | 6,394 | |||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities, including: | 401 | |||
| Accrued liabilities | 1,095 | |||
| Other undisclosed accounts payable and accrued liabilities | (694) | |||
| Other undisclosed current liabilities | 74 | |||
| Total current liabilities: | 475 | |||
| Noncurrent Liabilities | ||||
| Liabilities, other than long-term debt | 34 | |||
| Operating lease, liability | 34 | |||
| Other undisclosed noncurrent liabilities | 95 | |||
| Total noncurrent liabilities: | 129 | |||
| Total liabilities: | 604 | |||
| Equity | ||||
| Equity, attributable to parent | 5,790 | |||
| Common stock | 146 | |||
| Additional paid in capital | 15,961 | |||
| Accumulated deficit | (10,317) | |||
| Total equity: | 5,790 | |||
| TOTAL LIABILITIES AND EQUITY: | 6,394 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | ||
|---|---|---|---|
| Revenues | 349 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (227) | ||
| Gross profit: | 122 | ||
| Operating expenses | (4,755) | ||
| Operating loss: | (4,633) | ||
| Nonoperating income (Other undisclosed Nonoperating income) | |||
| Other undisclosed income from continuing operations before equity method investments, income taxes | |||
| Net loss: | (4,633) | ||
| Other undisclosed net income attributable to parent | 8 | ||
| Net loss available to common stockholders, diluted: | (4,625) | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | ||
|---|---|---|---|
| Net loss: | (4,633) | ||
| Comprehensive loss, net of tax, attributable to parent: | (4,633) | ||
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.