Trans-Pacific Aerospace Company, Inc. (TPAC) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
2975 HUNTINGTON DRIVE, SUITE 107 SAN MARINO, CA 91108 |
| State of Incorp. | NV |
| Fiscal Year End | October 31 |
| Industry (SIC) | 1311 - Crude Petroleum and Natural Gas (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 7/31/2017 MRQ | 10/31/2016 | 10/31/2015 | 10/31/2014 | 10/31/2013 | 10/31/2012 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 7 | 7 | 50 | 27 | 18 | |||
| Cash and cash equivalents | 7 | 7 | 50 | 27 | 18 | |||
| Prepaid expense | 2 | 2 | 2 | ✕ | ||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | 1 | ||
| Total current assets: | 7 | 8 | 52 | 29 | 19 | |||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 3 | 5 | 6 | 4 | ||||
| Other noncurrent assets | 5 | 6 | 8 | ✕ | ||||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | 5 | ||
| Other undisclosed noncurrent assets | 2 | (5) | (6) | (4) | ||||
| Total noncurrent assets: | 4 | 5 | 6 | 8 | 5 | |||
| TOTAL ASSETS: | 11 | 14 | 58 | 37 | 24 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities, including: | 713 | 60 | 108 | 186 | 92 | |||
| Interest and dividends payable | 1 | 6 | ||||||
| Taxes payable | 2 | 2 | 2 | 2 | 2 | |||
| Employee-related liabilities | 20 | 20 | 20 | 20 | 20 | |||
| Accounts payable | 59 | 69 | ||||||
| Other undisclosed accounts payable and accrued liabilities | 691 | (22) | 12 | 163 | 70 | |||
| Debt | 8 | 234 | 8 | |||||
| Derivative instruments and hedges, liabilities | 208 | |||||||
| Due to related parties | 61 | |||||||
| Other undisclosed current liabilities | 282 | 342 | 357 | 323 | 287 | |||
| Total current liabilities: | 1,057 | 410 | 907 | 517 | 379 | |||
| Noncurrent Liabilities | ||||||||
| Total liabilities: | 1,057 | 410 | 907 | 517 | 379 | |||
| Equity | ||||||||
| Equity, attributable to parent, including: | (497) | 243 | (359) | (480) | (355) | |||
| Preferred stock | 0 | 0 | ||||||
| Common stock | 4,200 | 3,829 | 179 | 101 | 73 | |||
| Common stock, value, subscriptions | 84 | 86 | 64 | ✕ | ✕ | |||
| Additional paid in capital | 20,585 | 17,143 | 15,462 | 12,157 | 9,920 | |||
| Accumulated deficit | (25,383) | (20,815) | (16,064) | |||||
| Other undisclosed equity, attributable to parent | 18 | (12,738) | (10,348) | |||||
| Equity, attributable to noncontrolling interest | (760) | (640) | (489) | (117) | ||||
| Other undisclosed equity | 117 | |||||||
| Total equity: | (1,257) | (397) | (848) | (480) | (355) | |||
| Other undisclosed liabilities and equity | 211 | |||||||
| TOTAL LIABILITIES AND EQUITY: | 11 | 14 | 58 | 37 | 24 | |||
Income Statement (P&L) ($ in thousands)
| 7/31/2017 TTM | 10/31/2016 | 10/31/2015 | 10/31/2014 | 10/31/2013 | 10/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 109 | ||||||
| Cost of revenue (Cost of Goods and Services Sold) | (328) | (721) | (26) | ||||
| Gross profit: | 109 | (328) | (721) | (26) | |||
| Operating expenses | (4,540) | (4,493) | (5,736) | (3,470) | (2,791) | ||
| Other undisclosed operating income | 109 | 328 | 3,123 | 1,688 | 1,339 | ||
| Operating loss: | (4,322) | (4,493) | (3,334) | (1,782) | (1,479) | ||
| Nonoperating income (Debt Instrument, Convertible, Beneficial Conversion Feature) | 83 | 38 | |||||
| Interest and debt expense | (134) | (347) | (190) | (26) | (18) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (521) | ||||||
| Loss from continuing operations before equity method investments, income taxes: | (4,456) | (4,839) | (3,442) | (2,292) | (1,497) | ||
| Other undisclosed loss from continuing operations before income taxes | (233) | (62) | (235) | (45) | |||
| Loss from continuing operations before income taxes: | (4,689) | (4,901) | (3,677) | (2,337) | (1,497) | ||
| Income tax expense | (1) | (1) | (4) | ||||
| Loss from continuing operations: | (4,689) | (4,901) | (3,678) | (2,337) | (1,501) | ||
| Loss before gain (loss) on sale of properties: | (4,689) | (4,901) | (3,678) | (2,337) | (1,501) | ||
| Other undisclosed net loss | (31) | ||||||
| Net loss: | (4,689) | (4,901) | (3,678) | (2,337) | (1,533) | ||
| Other undisclosed net income (loss) attributable to parent | 373 | 46 | (4) | ||||
| Net loss attributable to parent: | (4,689) | (4,901) | (3,305) | (2,292) | (1,537) | ||
| Other undisclosed net income available to common stockholders, basic | 121 | 150 | |||||
| Net loss available to common stockholders, diluted: | (4,568) | (4,751) | (3,305) | (2,292) | (1,537) | ||
Comprehensive Income ($ in thousands)
| 7/31/2017 TTM | 10/31/2016 | 10/31/2015 | 10/31/2014 | 10/31/2013 | 10/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Net loss: | (4,689) | (4,901) | (3,678) | (2,337) | (1,533) | ||
| Comprehensive loss, net of tax, attributable to parent: | (4,689) | (4,901) | (3,678) | (2,337) | (1,533) | ||
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.