Trident Brands Inc (TDNT) Financial Statements (2024 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 8881,0143,1333,1441,528
Cash and cash equivalents 8881,0143,1333,1441,528
Receivables 12642803571,07253
Inventory, net of allowances, customer advances and progress billings 8821,2202,0832,055133231
Inventory 8821,2202,0832,055133231
Prepaid expense      67
Other undisclosed current assets 158155168124237 
Total current assets: 1,0601,5273,5455,6694,5851,879
Noncurrent Assets
Property, plant and equipment   43240 
Long-term investments and receivables     617 
Accounts and financing receivable, after allowance for credit loss     617 
Intangible assets, net (including goodwill)  4004003944732,425
Intangible assets, net (excluding goodwill)  4004003944732,425
Total noncurrent assets:  4004044251,1302,425
TOTAL ASSETS: 1,0601,9273,9506,0955,7154,304
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 9,9307,9104,0484,2842,843538
Accounts payable 5244294431,2901,388107
Accrued liabilities 9,4067,4813,6052,9941,455431
Debt   11,965   
Derivative instruments and hedges, liabilities   5,825892  
Due to related parties      191
Total current liabilities: 9,9307,91021,8395,1762,843729
Noncurrent Liabilities
Long-term debt and lease obligation 22,30022,3006,647  5,114
Long-term debt, excluding current maturities 22,30022,3006,647  5,114
Other undisclosed noncurrent liabilities  135 13,6188,845 
Total noncurrent liabilities: 22,30022,4356,64713,6188,8455,114
Total liabilities: 32,23030,34528,48618,79411,6895,843
Equity
Equity, attributable to parent, including: (31,170)(28,418)(24,536)(12,699)(5,974)(1,539)
Common stock 333232323231
Additional paid in capital 11,49311,4599,9459,5657,8705,432
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: 1,0601,9273,9506,0955,7154,304

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 2258732,1545,6554,743168
Revenue, net4,743168
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 goods and services sold (206) (1,724)(5,308)(4,648)(98)
Gross profit: 1042444303489570
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    5001,4671,367
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)2,1751,521576
Net loss: (3,885)(6,487)(12,218)(8,420)(6,874)(3,187)
Net income attributable to noncontrolling interest 40499118465951
Other undisclosed net income attributable to parent 395994    
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 40499118465951
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.

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