Trident Brands Inc (TDNT) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
433 PLAZA REAL, SUITE 275 BOCA RATON, FL 33432 |
| State of Incorp. | NV |
| Fiscal Year End | November 30 |
| Industry (SIC) | 202 - Dairy Products (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 5/31/2022 MRQ | 11/30/2021 | 11/30/2020 | 11/30/2019 | 11/30/2018 | 11/30/2017 | 11/30/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 8 | 88 | 1,014 | 3,133 | 3,144 | 1,528 | |||
| Cash and cash equivalent | 8 | 88 | 1,014 | 3,133 | 3,144 | 1,528 | |||
| Receivables | 12 | 64 | 280 | 357 | 1,072 | 53 | |||
| Inventory, net of allowances, customer advances and progress billings | 882 | 1,220 | 2,083 | 2,055 | 133 | 231 | |||
| Inventory | 882 | 1,220 | 2,083 | 2,055 | 133 | 231 | |||
| Prepaid expense | 67 | ||||||||
| Other undisclosed current assets | 158 | 155 | 168 | 124 | 237 | ||||
| Total current assets: | 1,060 | 1,527 | 3,545 | 5,669 | 4,585 | 1,879 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 4 | 32 | 40 | ||||||
| Long-term investments and receivables | 617 | ||||||||
| Accounts and financing receivable, after allowance for credit loss | 617 | ||||||||
| Intangible assets, net (including goodwill) | 400 | 400 | 394 | 473 | 2,425 | ||||
| Intangible assets, net (excluding goodwill) | 400 | 400 | 394 | 473 | 2,425 | ||||
| Total noncurrent assets: | 400 | 404 | 425 | 1,130 | 2,425 | ||||
| TOTAL ASSETS: | 1,060 | 1,927 | 3,950 | 6,095 | 5,715 | 4,304 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 9,930 | 7,910 | 4,048 | 4,284 | 2,843 | 538 | |||
| Accounts payable | 524 | 429 | 443 | 1,290 | 1,388 | 107 | |||
| Accrued liabilities | 9,406 | 7,481 | 3,605 | 2,994 | 1,455 | 431 | |||
| Debt | 11,965 | ||||||||
| Derivative instruments and hedges, liabilities | 5,825 | 892 | |||||||
| Due to related parties | 191 | ||||||||
| Total current liabilities: | 9,930 | 7,910 | 21,839 | 5,176 | 2,843 | 729 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 22,300 | 22,300 | 6,647 | 5,114 | |||||
| Long-term debt, excluding current maturities | 22,300 | 22,300 | 6,647 | 5,114 | |||||
| Other undisclosed noncurrent liabilities | 135 | 13,618 | 8,845 | ||||||
| Total noncurrent liabilities: | 22,300 | 22,435 | 6,647 | 13,618 | 8,845 | 5,114 | |||
| Total liabilities: | 32,230 | 30,345 | 28,486 | 18,794 | 11,689 | 5,843 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (31,170) | (28,418) | (24,536) | (12,699) | (5,974) | (1,539) | |||
| Common stock | 33 | 32 | 32 | 32 | 32 | 31 | |||
| Additional paid in capital | 11,493 | 11,459 | 9,945 | 9,565 | 7,870 | 5,432 | |||
| Accumulated deficit | (42,205) | (39,522) | (34,226) | (22,125) | (13,751) | (6,936) | |||
| Other undisclosed equity, attributable to parent | (491) | (387) | (289) | (171) | (125) | (66) | |||
| Equity, attributable to noncontrolling interest | (289) | ||||||||
| Other undisclosed equity | 289 | ||||||||
| Total equity: | (31,170) | (28,418) | (24,536) | (12,699) | (5,974) | (1,539) | |||
| TOTAL LIABILITIES AND EQUITY: | 1,060 | 1,927 | 3,950 | 6,095 | 5,715 | 4,304 | |||
Income Statement (P&L) ($ in thousands)
| 5/31/2022 TTM | 11/30/2021 | 11/30/2020 | 11/30/2019 | 11/30/2018 | 11/30/2017 | 11/30/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 225 | 873 | 2,154 | 5,655 | 4,743 | 168 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 4,743 | 168 | |
| Gain (loss) on disposition of assets for financial service operations | 4,312 | (1,325) | ✕ | ✕ | ||||
| Cost of revenue | (121) | (629) | (1,724) | (5,308) | (4,648) | (98) | ||
| Cost of product and service sold | (206) | (1,724) | (5,308) | (4,648) | (98) | |||
| Gross profit: | 104 | 244 | 430 | 348 | 95 | 70 | ||
| Operating expenses | (2,527) | (4,571) | 6,951 | (6,593) | (3,323) | (2,681) | ||
| Other undisclosed operating loss | (13,902) | (2,125) | ||||||
| Operating loss: | (2,423) | (4,327) | (6,521) | (6,245) | (5,353) | (2,611) | ||
| Nonoperating expense | (664) | (1,068) | (5,697) | (2,175) | (1,521) | (576) | ||
| Debt instrument, convertible, beneficial conversion feature | 500 | 1,467 | 1,367 | |||||
| Other nonoperating expense | (664) | (1,068) | ||||||
| Interest and debt expense | (799) | (1,092) | 4,372 | (2,175) | (1,521) | (576) | ||
| Loss from continuing operations: | (3,885) | (6,487) | (7,846) | (10,595) | (8,395) | (3,763) | ||
| Loss before gain (loss) on sale of properties: | ✕ | (3,885) | (6,487) | (7,846) | (10,595) | (8,395) | (3,763) | |
| Other undisclosed net income (loss) | (4,372) | 2,175 | 1,521 | 576 | ||||
| Net loss: | (3,885) | (6,487) | (12,218) | (8,420) | (6,874) | (3,187) | ||
| Net income attributable to noncontrolling interest | 404 | 99 | 118 | 46 | 59 | 51 | ||
| Other undisclosed net income attributable to parent | 395 | 994 | ||||||
| Net loss available to common stockholders, diluted: | (3,086) | (5,395) | (12,100) | (8,374) | (6,815) | (3,136) | ||
Comprehensive Income ($ in thousands)
| 5/31/2022 TTM | 11/30/2021 | 11/30/2020 | 11/30/2019 | 11/30/2018 | 11/30/2017 | 11/30/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (3,885) | (6,487) | (12,218) | (8,420) | (6,874) | (3,187) | ||
| Comprehensive loss: | (3,885) | (6,487) | (12,218) | (8,420) | (6,874) | (3,187) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 404 | 99 | 118 | 46 | 59 | 51 | ||
| Comprehensive loss, net of tax, attributable to parent: | (3,482) | (6,389) | (12,100) | (8,374) | (6,815) | (3,136) | ||
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.