VERDE BIO HOLDINGS, INC. (VBHI) Financial Statements (2023 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)Annual | Quarterly
| 4/30/2022 | 1/31/2022 TTM | 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 | 711 | 2,088 | 2 | 24 | 10 | 17 | ||
| Cash and cash equivalents | 141 | 711 | 2,088 | 2 | 24 | 10 | 17 | ||
| Receivables | 126 | 220 | 87 | 5 | 2 | ||||
| Prepaid expense | 9 | 38 | |||||||
| Other undisclosed current assets | 29 | 27 | 32 | ||||||
| Total current assets: | 296 | 958 | 2,207 | 2 | 24 | 24 | 57 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 72 | 84 | 115 | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 2,779 | 2,605 | |||||||
| Oil and gas property, full cost method | 1,938 | 1,801 | 895 | ||||||
| Total noncurrent assets: | 4,789 | 4,490 | 1,011 | ||||||
| TOTAL ASSETS: | 5,085 | 5,449 | 3,218 | 2 | 24 | 24 | 57 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 168 | 199 | 212 | 333 | 485 | 424 | 268 | ||
| Other undisclosed accounts payable and accrued liabilities | 168 | 199 | 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 | 1,282 | 263 | ||||||
| Total current liabilities: | 1,453 | 1,482 | 484 | 2,554 | 2,030 | 1,548 | 1,776 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 21 | 37 | 78 | ||||||
| Operating lease, liability | 21 | 37 | 78 | ✕ | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | (21) | (37) | (78) | ||||||
| Total noncurrent liabilities: | 21 | 37 | 78 | ||||||
| Other undisclosed liabilities | 583 | ||||||||
| Total liabilities: | 1,474 | 1,518 | 562 | 3,137 | 2,030 | 1,548 | 1,776 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 3,590 | 3,882 | 2,656 | (3,135) | (2,007) | (1,524) | (1,719) | ||
| Preferred stock | 1 | 1 | 1 | 1 | 1 | ||||
| Common stock | 1,179 | 1,167 | 683 | 2 | 107 | 63 | 274 | ||
| Additional paid in capital | 16,669 | 16,549 | 12,133 | 4,385 | 3,832 | 3,822 | 2,104 | ||
| Accumulated deficit | (14,259) | (13,834) | (10,837) | (7,522) | (5,946) | (5,409) | (4,084) | ||
| Stockholders' equity note, subscriptions receivable | (13) | ||||||||
| Other undisclosed stockholders' equity attributable to parent | 1 | 1 | 676 | ||||||
| Other undisclosed stockholders' equity | 20 | 48 | |||||||
| Total stockholders' equity: | 3,611 | 3,930 | 2,656 | (3,135) | (2,007) | (1,524) | (1,719) | ||
| TOTAL LIABILITIES AND EQUITY: | 5,085 | 5,449 | 3,218 | 2 | 24 | 24 | 57 | ||
Income Statement (P&L) ($ in thousands) Annual | Quarterly
| 4/30/2022 | 1/31/2022 TTM | 4/30/2021 | 4/30/2020 | 4/30/2019 | 4/30/2018 | 4/30/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | (2) | 42 | 50 | |||||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 50 | ||
| Cost of revenue | (43) | (22) | (6) | (23) | (22) | |||
| Cost of goods and services sold | (22) | |||||||
| Provision for loan, lease, and other losses | (43) | (22) | (6) | ✕ | ✕ | |||
| Other undisclosed gross profit | (2) | 41 | ||||||
| Gross profit: | (4) | (2) | (22) | (6) | 19 | 28 | ||
| Operating expenses | (3,870) | (5,661) | (2,964) | (259) | (37) | (469) | (484) | |
| Other undisclosed operating income | 720 | 510 | 22 | 6 | ||||
| Operating loss: | (3,150) | (5,156) | (2,966) | (259) | (37) | (451) | (456) | |
| Nonoperating expense | (272) | (400) | (349) | (1,316) | (500) | (1,044) | (1,836) | |
| Investment income, nonoperating | 720 | 556 | 49 | |||||
| Debt instrument, convertible, beneficial conversion feature | 72 | 138 | ||||||
| Interest and debt expense | 5 | 210 | 167 | (290) | 9 | (143) | (105) | |
| Loss from continuing operations before equity method investments, income taxes: | (3,417) | (5,345) | (3,148) | (1,865) | (528) | (1,638) | (2,397) | |
| Other undisclosed income (loss) from continuing operations before income taxes | (5) | (167) | (167) | 290 | (9) | 143 | 105 | |
| Loss before gain (loss) on sale of properties: | (3,422) | (5,512) | (3,315) | (1,575) | (537) | (1,495) | (2,292) | |
| Other undisclosed net loss | (187) | |||||||
| Net loss: | (3,422) | (5,699) | (3,315) | (1,575) | (537) | (1,495) | (2,292) | |
| Other undisclosed net loss attributable to parent | (20) | (8) | ||||||
| Net loss available to common stockholders, diluted: | (3,442) | (5,707) | (3,315) | (1,575) | (537) | (1,495) | (2,292) | |
Comprehensive Income ($ in thousands)Annual | Quarterly
| 4/30/2022 | 1/31/2022 TTM | 4/30/2021 | 4/30/2020 | 4/30/2019 | 4/30/2018 | 4/30/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (3,422) | (5,699) | (3,315) | (1,575) | (537) | (1,495) | (2,292) | |
| Comprehensive loss, net of tax, attributable to parent: | (3,422) | (5,699) | (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.