VERDE BIO HOLDINGS, INC. (VBHI) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
5 COWBOYS WAY FRISCO, TX 75034 |
| State of Incorp. | NV |
| Fiscal Year End | April 30 |
| Industry (SIC) | 1311 - Crude Petroleum and Natural Gas (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 4/30/2023 | 4/30/2022 | 4/30/2021 | 4/30/2020 | 4/30/2019 | 4/30/2018 | 4/30/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 141 | 2,088 | 2 | 24 | 10 | 17 | |||
| Cash and cash equivalent | 141 | 2,088 | 2 | 24 | 10 | 17 | |||
| Receivables | 126 | 87 | 5 | 2 | |||||
| Prepaid expense | 9 | 38 | |||||||
| Other undisclosed current assets | 29 | 32 | |||||||
| Total current assets: | 296 | 2,207 | 2 | 24 | 24 | 57 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 72 | 115 | ✕ | ✕ | ✕ | ||||
| Property, plant and equipment | 2,779 | ||||||||
| Oil and gas, full cost method, property and equipment, after accumulated depletion | 1,938 | 895 | |||||||
| Total noncurrent assets: | 4,789 | 1,011 | |||||||
| TOTAL ASSETS: | 5,085 | 3,218 | 2 | 24 | 24 | 57 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 168 | 212 | 333 | 485 | 424 | 268 | |||
| Other undisclosed accounts payable and accrued liabilities | 168 | 212 | 333 | 485 | 424 | 268 | |||
| Debt | 1 | 596 | 465 | 195 | 257 | ||||
| Derivative instruments and hedges, liabilities | 9 | 1,606 | 1,081 | 928 | 1,252 | ||||
| Due to related parties | 19 | ||||||||
| Other undisclosed current liabilities | 1,285 | 263 | |||||||
| Total current liabilities: | 1,453 | 484 | 2,554 | 2,030 | 1,548 | 1,776 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 21 | 78 | |||||||
| Operating lease, liability | 21 | 78 | ✕ | ✕ | ✕ | ||||
| Other undisclosed noncurrent liabilities | (21) | (78) | |||||||
| Total noncurrent liabilities: | 21 | 78 | |||||||
| Other undisclosed liabilities | 583 | ||||||||
| Total liabilities: | 1,474 | 562 | 3,137 | 2,030 | 1,548 | 1,776 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 3,590 | 2,656 | (3,135) | (2,007) | (1,524) | (1,719) | |||
| Preferred stock | 1 | 1 | 1 | 1 | 1 | ||||
| Common stock | 1,179 | 683 | 2 | 107 | 63 | 274 | |||
| Additional paid in capital | 16,669 | 12,133 | 4,385 | 3,832 | 3,822 | 2,104 | |||
| Accumulated deficit | (14,259) | (10,837) | (7,522) | (5,946) | (5,409) | (4,084) | |||
| Stockholders' equity note, subscriptions receivable | (13) | ||||||||
| Other undisclosed equity, attributable to parent | 1 | 676 | |||||||
| Other undisclosed equity | 20 | ||||||||
| Total equity: | 3,611 | 2,656 | (3,135) | (2,007) | (1,524) | (1,719) | |||
| TOTAL LIABILITIES AND EQUITY: | 5,085 | 3,218 | 2 | 24 | 24 | 57 | |||
Income Statement (P&L) ($ in thousands)
| 4/30/2023 | 4/30/2022 | 4/30/2021 | 4/30/2020 | 4/30/2019 | 4/30/2018 | 4/30/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 42 | 50 | ||||||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 50 | ||
| Cost of revenue | (43) | (22) | (6) | (23) | (22) | |||
| Cost of product and service sold | (22) | |||||||
| Provision for loan, lease, and other losses | (43) | (22) | (6) | ✕ | ✕ | |||
| Other cost of operating revenue | ||||||||
| Other undisclosed gross profit | 41 | |||||||
| Gross profit: | (2) | (22) | (6) | 19 | 28 | |||
| Operating expenses | (3,870) | (2,964) | (259) | (37) | (469) | (484) | ||
| Other undisclosed operating income | 720 | 22 | 6 | |||||
| Operating loss: | (3,150) | (2,966) | (259) | (37) | (451) | (456) | ||
| Nonoperating expense | (272) | (349) | (1,316) | (500) | (1,044) | (1,836) | ||
| Investment income, nonoperating | 720 | 49 | ||||||
| Debt instrument, convertible, beneficial conversion feature | 72 | 138 | ||||||
| Interest and debt expense | 5 | 167 | (290) | 9 | (143) | (105) | ||
| Loss from continuing operations before equity method investments, income taxes: | (3,417) | (3,148) | (1,865) | (528) | (1,638) | (2,397) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (5) | (167) | 290 | (9) | 143 | 105 | ||
| Loss from continuing operations: | (3,422) | (3,315) | (1,575) | (537) | (1,495) | (2,292) | ||
| Loss before gain (loss) on sale of properties: | ✕ | (3,422) | (3,315) | (1,575) | (537) | (1,495) | (2,292) | |
| Net loss: | (3,422) | (3,315) | (1,575) | (537) | (1,495) | (2,292) | ||
| Other undisclosed net loss attributable to parent | (20) | |||||||
| Net loss available to common stockholders, diluted: | (3,442) | (3,315) | (1,575) | (537) | (1,495) | (2,292) | ||
Comprehensive Income ($ in thousands)
| 4/30/2023 | 4/30/2022 | 4/30/2021 | 4/30/2020 | 4/30/2019 | 4/30/2018 | 4/30/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (3,422) | (3,315) | (1,575) | (537) | (1,495) | (2,292) | ||
| Comprehensive loss, net of tax, attributable to parent: | (3,422) | (3,315) | (1,575) | (537) | (1,495) | (2,292) | ||
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.