Terrace Ventures Inc (TVEN) financial statements (2021 and earlier)

Company profile

Business Address 810 PEACE PORTAL DR
BLAINE, WA 98230
State of Incorp. NV
Fiscal Year End April 30
SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

1/31/2014
Q3
10/31/2013
Q2
7/31/2013
Q1
4/30/2013
Q4
1/31/2013
Q3
10/31/2012
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1003 28
Cash and cash equivalents1003 28
Prepaid expense    2
Total current assets:1003 210
Noncurrent Assets
Other undisclosed noncurrent assets666 33
Total noncurrent assets:666 33
TOTAL ASSETS:1669 413
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:238214182 156127
Accounts payable 77 77
Other undisclosed accounts payable and accrued liabilities238206175 149120
Debt625127 77
Total current liabilities:300265209 163134
Noncurrent Liabilities
Total liabilities:300265209 163134
Stockholders' equity
Stockholders' equity attributable to parent(284)(259)(200) (159)(122)
Common stock333333 3333
Additional paid in capital2,1722,1722,172 2,1722,172
Accumulated deficit(2,489)(2,464)(2,405) (2,364)(2,327)
Total stockholders' equity:(284)(259)(200) (159)(122)
TOTAL LIABILITIES AND EQUITY:1669 413

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

1/31/2014
Q3
10/31/2013
Q2
7/31/2013
Q1
4/30/2013
Q4
1/31/2013
Q3
10/31/2012
Q2
Gross profit:(2)(22)  (7)(34)
Operating expenses(24)(58)(20) (37)(71)
Other undisclosed operating income222  734
Operating loss:(24)(58)(20) (37)(71)
Interest and debt expense110   
Net loss:(22)(57)(20) (37)(71)
Other undisclosed net income (loss) attributable to parent(3)(2)(0) 33
Net loss available to common stockholders, diluted:(25)(59)(20) (35)(68)

Comprehensive Income ($ in thousands)

1/31/2014
Q3
10/31/2013
Q2
7/31/2013
Q1
4/30/2013
Q4
1/31/2013
Q3
10/31/2012
Q2
Net loss:(22)(57)(20) (37)(71)
Comprehensive loss, net of tax, attributable to parent:(22)(57)(20) (37)(71)

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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