Solar Quartz Technologies, Inc. (SQTI) financial statements (2021 and earlier)

Company profile

Business Address 433 NORTH CAMDEN DRIVE
BEVERLY HILLS, CA 90212
State of Incorp. CO
Fiscal Year End September 30
SIC 10 - Metal Mining (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2020
TTM
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 07471100
Cash and cash equivalents 07471100
Receivables    271 
Prepaid expense  12    
Other undisclosed current assets  5    
Total current assets: 09173810
Noncurrent Assets
Property, plant and equipment 12284793  
Other undisclosed noncurrent assets  282930  
Total noncurrent assets: 125676123  
TOTAL ASSETS: 121478316010
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 13240323343510269
Accounts payable  4031413644820
Accrued liabilities   36261810
Interest and dividends payable 132 56453639
Debt 66609085156197
Due to related parties 7174564194193 
Other liabilities    000
Other undisclosed current liabilities 77021116071  
Total current liabilities: 1,6851,1309021,010261266
Noncurrent Liabilities
Total liabilities: 1,6851,1309021,010261266
Stockholders' equity
Stockholders' equity attributable to parent (1,672)(982)(819)(849)(260)(266)
Common stock 222211
Additional paid in capital 9,5099,0477,9725,8886,3196,319
Accumulated other comprehensive income 5210192   
Accumulated deficit (11,236)(10,133)(8,886)(6,740)(6,580)(6,586)
Total stockholders' equity: (1,672)(982)(819)(849)(260)(266)
TOTAL LIABILITIES AND EQUITY: 121478316010

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

12/31/2020
TTM
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
Other income6   0 (24)
Gross profit:6   0  
Operating expenses(1,438)(1,046)(1,148)(2,125)(143)(65)(110)
Other undisclosed operating income (loss)(6)   (0) 24
Operating loss:(1,438)(1,046)(1,148)(2,125)(143)(65)(110)
Nonoperating income (expense)(64)(57)7,891(21)(17)722,521
Investment income, nonoperating  7,889    
Other nonoperating income (expense)(12)(57)   722,521
Interest and debt expense(44)(37)76(21)(9)(19)(32)
Income (loss) from continuing operations before equity method investments, income taxes:(1,545)(1,140)6,819(2,167)(169)(13)2,380
Other undisclosed income from continuing operations before income taxes    91932
Income (loss) before gain (loss) on sale of properties:(1,545)(1,140)6,819(2,167)(160)72,412
Other undisclosed net loss(7)      
Net income (loss):(1,553)(1,140)6,819(2,167)(160)72,412
Other undisclosed net income (loss) attributable to parent5137(8,066)21   
Net income (loss) attributable to parent:(1,502)(1,103)(1,247)(2,146)(160)72,412
Other undisclosed net loss available to common stockholders, basic(49)(49)     
Net income (loss) available to common stockholders, diluted:(1,550)(1,152)(1,247)(2,146)(160)72,412

Comprehensive Income ($ in thousands)

12/31/2020
TTM
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
Net income (loss):(1,553)(1,140)6,819(2,167)(160)72,412
Other comprehensive loss(1,213)(1,152)(1,238)(2,054)   
Comprehensive income (loss), net of tax, attributable to parent:(2,766)(2,292)5,581(4,221)(160)72,412

Statements sources

The financial statements are based on the company's filings with the 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.

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