Trans-Pacific Aerospace Company, Inc. (TPAC) financial statements (2021 and earlier)

Company profile

Business Address 2975 HUNTINGTON DRIVE, SUITE 107
SAN MARINO, CA 91108
State of Incorp. NV
Fiscal Year End October 31
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
Q3
4/30/2017
Q2
1/31/2017
Q1
10/31/2016
Q4
7/31/2016
Q3
4/30/2016
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments6916773
Cash and cash equivalents6916773
Receivables3321 109109
Inventory, net of allowances, customer advances and progress billings105    
Inventory105    
Prepaid expense55    
Total current assets:2421377116113
Noncurrent Assets
Property, plant and equipment222333
Other undisclosed noncurrent assets222222
Total noncurrent assets:334445
TOTAL ASSETS:27254111120117
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:703703713713210479
Employee-related liabilities202020202020
Taxes payable222222
Interest and dividends payable51    
Other undisclosed accounts payable and accrued liabilities676679691691188457
Debt1004610   
Derivative instruments and hedges, liabilities162140    
Due to related parties60606161265308
Customer advances and deposits184    
Other undisclosed current liabilities267293282282282282
Total current liabilities:1,3101,2461,0671,0577571,069
Noncurrent Liabilities
Total liabilities:1,3101,2461,0671,0577571,069
Stockholders' equity
Stockholders' equity attributable to parent, including:(648)(599)(419)(497)97(259)
Preferred stock   000
Common stock8,2226,1704,4014,2003,5753,487
Common stock, value, subscriptions2446484846464
Additional paid in capital17,71319,50020,52920,58519,62519,140
Accumulated deficit(26,834)(26,372)(25,552)(25,383)(23,402)(22,997)
Other undisclosed stockholders' equity attributable to parent8401191823647
Stockholders' equity attributable to noncontrolling interest(846)(834)(818)(760)(735)(693)
Total stockholders' equity:(1,494)(1,432)(1,237)(1,257)(637)(952)
Other undisclosed liabilities and equity211211211211  
TOTAL LIABILITIES AND EQUITY:27254111120117

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

7/31/2017
Q3
4/30/2017
Q2
1/31/2017
Q1
10/31/2016
Q4
7/31/2016
Q3
4/30/2016
Q2
Revenues2    109
Revenue, net     109
Cost of revenue(1)     
Gross profit:0    109
Operating expenses(356)(722)(324)(1,833)(440)(1,962)
Other undisclosed operating income   109  
Operating loss:(356)(722)(324)(1,724)(440)(1,853)
Nonoperating income
(Investment Income, Nonoperating)
 1    
Interest and debt expense(63)(19)(5)(50)(6)(46)
Loss from continuing operations before equity method investments, income taxes:(419)(740)(329)(1,774)(446)(1,899)
Other undisclosed income (loss) from continuing operations before income taxes(56)(95)103(233)  
Net loss:(475)(835)(226)(2,007)(446)(1,899)
Other undisclosed net loss attributable to parent (1)    
Net loss attributable to parent:(475)(836)(226)(2,007)(446)(1,899)
Other undisclosed net income available to common stockholders, basic131658264130
Net loss available to common stockholders, diluted:(462)(820)(169)(1,981)(405)(1,869)

Comprehensive Income ($ in thousands)

7/31/2017
Q3
4/30/2017
Q2
1/31/2017
Q1
10/31/2016
Q4
7/31/2016
Q3
4/30/2016
Q2
Net loss:(475)(835)(226)(2,007)(446)(1,899)
Comprehensive loss, net of tax, attributable to parent:(475)(835)(226)(2,007)(446)(1,899)

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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