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 investments | 6 | 9 | 16 | 7 | 7 | 3 | ||
| Cash and cash equivalents | 6 | 9 | 16 | 7 | 7 | 3 | ||
| Receivables | 3 | 3 | 21 | 109 | 109 | |||
| Inventory, net of allowances, customer advances and progress billings | 10 | 5 | ||||||
| Inventory | 10 | 5 | ||||||
| Prepaid expense | 5 | 5 | ||||||
| Total current assets: | 24 | 21 | 37 | 7 | 116 | 113 | ||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 2 | 2 | 2 | 3 | 3 | 3 | ||
| Other undisclosed noncurrent assets | 2 | 2 | 2 | 2 | 2 | 2 | ||
| Total noncurrent assets: | 3 | 3 | 4 | 4 | 4 | 5 | ||
| TOTAL ASSETS: | 27 | 25 | 41 | 11 | 120 | 117 | ||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities, including: | 703 | 703 | 713 | 713 | 210 | 479 | ||
| Employee-related liabilities | 20 | 20 | 20 | 20 | 20 | 20 | ||
| Taxes payable | 2 | 2 | 2 | 2 | 2 | 2 | ||
| Interest and dividends payable | 5 | 1 | ||||||
| Other undisclosed accounts payable and accrued liabilities | 676 | 679 | 691 | 691 | 188 | 457 | ||
| Debt | 100 | 46 | 10 | |||||
| Derivative instruments and hedges, liabilities | 162 | 140 | ||||||
| Due to related parties | 60 | 60 | 61 | 61 | 265 | 308 | ||
| Customer advances and deposits | 18 | 4 | ||||||
| Other undisclosed current liabilities | 267 | 293 | 282 | 282 | 282 | 282 | ||
| Total current liabilities: | 1,310 | 1,246 | 1,067 | 1,057 | 757 | 1,069 | ||
| Noncurrent Liabilities | ||||||||
| Total liabilities: | 1,310 | 1,246 | 1,067 | 1,057 | 757 | 1,069 | ||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent, including: | (648) | (599) | (419) | (497) | 97 | (259) | ||
| Preferred stock | 0 | 0 | 0 | |||||
| Common stock | 8,222 | 6,170 | 4,401 | 4,200 | 3,575 | 3,487 | ||
| Common stock, value, subscriptions | 244 | 64 | 84 | 84 | 64 | 64 | ||
| Additional paid in capital | 17,713 | 19,500 | 20,529 | 20,585 | 19,625 | 19,140 | ||
| Accumulated deficit | (26,834) | (26,372) | (25,552) | (25,383) | (23,402) | (22,997) | ||
| Other undisclosed stockholders' equity attributable to parent | 8 | 40 | 119 | 18 | 236 | 47 | ||
| 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 equity | 211 | 211 | 211 | 211 | ||||
| TOTAL LIABILITIES AND EQUITY: | 27 | 25 | 41 | 11 | 120 | 117 | ||
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 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 2 | 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, basic | 13 | 16 | 58 | 26 | 41 | 30 | |
| 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.