Jingbo Technology, Inc. (SVMB) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
BUILDING B8, CHINA ZHIGU, YINHU STREET HANGZHOU, ZHEJIANG, 310000 |
| State of Incorp. | NV |
| Fiscal Year End | February 29 |
| Industry (SIC) | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 5/31/2024 MRQ | 2/29/2024 | 11/30/2023 MRQ | 5/31/2023 | 5/31/2022 | 5/31/2021 | 5/31/2020 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 142 | 61 | 484 | 1 | |||||
| Cash and cash equivalents | 142 | 61 | 484 | 1 | |||||
| Restricted cash and investments | 6 | 1 | 10 | ||||||
| Receivables | 1,299 | 328 | 343 | ||||||
| Inventory, net of allowances, customer advances and progress billings | 204 | 207 | 177 | ||||||
| Inventory | 204 | 207 | 177 | ||||||
| Prepaid expense | 435 | 2,673 | 2,022 | 0 | |||||
| Other undisclosed current assets | 2,169 | 138 | 82 | ||||||
| Total current assets: | 4,256 | 3,408 | 3,118 | 0 | 1 | ||||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 86 | 123 | 277 | ||||||
| Property, plant and equipment | 6,001 | 6,230 | 6,582 | ||||||
| Intangible assets, net (including goodwill) | 14 | 14 | 16 | ||||||
| Intangible assets, net (excluding goodwill) | 14 | 14 | 16 | ||||||
| Other noncurrent assets | 2,510 | 2,646 | 2,884 | ||||||
| Total noncurrent assets: | 8,611 | 9,013 | 9,759 | ||||||
| TOTAL ASSETS: | 12,867 | 12,421 | 12,877 | 0 | 1 | ||||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 1,015 | 1,445 | 1,114 | 8 | 12 | ||||
| Accounts payable | 643 | 901 | 775 | ||||||
| Accrued liabilities | 371 | 544 | 339 | ||||||
| Other undisclosed accounts payable and accrued liabilities | 8 | 12 | |||||||
| Debt | 2,087 | 1,815 | 363 | ||||||
| Customer refund liability | 973 | ||||||||
| Other liabilities | 402 | 511 | 521 | 0 | |||||
| Due to related parties | ✕ | ✕ | ✕ | 30 | |||||
| Other undisclosed current liabilities | 24,159 | 5,997 | 1,904 | ||||||
| Total current liabilities: | 28,636 | 9,768 | 3,902 | 8 | 42 | ||||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 15 | 26 | 122 | ||||||
| Operating lease, liability | 15 | 26 | 122 | ||||||
| Other undisclosed noncurrent liabilities | 2,918 | 29,119 | 32,741 | ||||||
| Total noncurrent liabilities: | 2,933 | 29,145 | 32,862 | ||||||
| Total liabilities: | 31,569 | 38,912 | 36,764 | 8 | 42 | ||||
| Equity | |||||||||
| Equity, attributable to parent | (17,666) | (25,417) | (22,871) | (8) | (41) | ||||
| Common stock | 5 | 1,062 | 1,062 | 62 | 62 | 62 | |||
| Additional paid in capital | 9,531 | 8,474 | 8,474 | 191 | 114 | 114 | |||
| Accumulated other comprehensive income | 2,109 | 412 | 344 | ||||||
| Accumulated deficit | (29,311) | (35,365) | (32,751) | (261) | (218) | (176) | |||
| Equity, attributable to noncontrolling interest | (1,036) | (1,075) | (1,017) | ||||||
| Total equity: | (18,702) | (26,492) | (23,888) | (8) | (41) | ||||
| TOTAL LIABILITIES AND EQUITY: | 12,867 | 12,421 | 12,877 | 0 | 1 | ||||
Income Statement (P&L) ($ in thousands)
| 5/31/2024 TTM | 2/29/2024 | 11/30/2023 TTM | 5/31/2023 | 5/31/2022 | 5/31/2021 | 5/31/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,584 | 3,024 | 3,723 | 10 | ||||
| Cost of revenue | (2,122) | (3,195) | (4,132) | (3) | ||||
| Gross profit: | (538) | (171) | (409) | 7 | ||||
| Operating expenses | (4,570) | (5,791) | (6,281) | (43) | (48) | |||
| Operating loss: | (5,109) | (5,962) | (6,691) | (43) | (41) | |||
| Nonoperating income (expense) | (373) | 60 | (93) | |||||
| Other nonoperating income (expense) | (347) | 69 | (93) | |||||
| Interest and debt expense | (27) | (1,110) | (1,300) | |||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (1,300) | |||||||
| Loss from continuing operations before equity method investments, income taxes: | (5,509) | (8,312) | (8,083) | (43) | (41) | |||
| Other undisclosed income from continuing operations before income taxes | 27 | 2,410 | 1,300 | 86 | ||||
| Income (loss) from continuing operations before income taxes: | (5,482) | (5,902) | (6,783) | 43 | (41) | |||
| Income tax expense | (0) | (0) | ||||||
| Other undisclosed income from continuing operations | ||||||||
| Income (loss) from continuing operations: | (5,482) | (5,902) | (6,784) | 43 | (41) | |||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 43 | (41) | ||
| Other undisclosed net loss | (9) | |||||||
| Net income (loss): | (5,482) | (5,911) | (6,784) | 43 | (41) | |||
| Net loss attributable to noncontrolling interest | (186) | (496) | (388) | |||||
| Other undisclosed net income (loss) attributable to parent | 372 | 913 | 776 | (86) | ||||
| Net loss available to common stockholders, diluted: | (5,296) | (5,493) | (6,395) | (43) | (41) | |||
Comprehensive Income ($ in thousands)
| 5/31/2024 TTM | 2/29/2024 | 11/30/2023 TTM | 5/31/2023 | 5/31/2022 | 5/31/2021 | 5/31/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (5,482) | (5,911) | (6,784) | 43 | (41) | |||
| Other undisclosed comprehensive income | 736 | 478 | 1,330 | |||||
| Comprehensive income (loss): | (4,746) | (5,433) | (5,454) | 43 | (41) | |||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 194 | (365) | (390) | |||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (4,403) | 780 | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (4,552) | (10,201) | (5,064) | 43 | (41) | |||
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.