Vegalab, Inc. (VEGL) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
636 U.S. HIGHWAY 1, STE. 110, NORTH PALM BEACH,, FL 33408 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 287 - Agricultural Chemicals (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2018 MRQ | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 343 | 0 | 78 | 34 | 0 | 0 | |||
| Cash and cash equivalents | 343 | 0 | 78 | 34 | 0 | 0 | |||
| Receivables | 1,675 | 671 | 2 | ||||||
| Inventory, net of allowances, customer advances and progress billings | 1,595 | 1,889 | ✕ | ✕ | |||||
| Inventory | 1,595 | 1,889 | |||||||
| Prepaid expense | 339 | 21 | 1 | ✕ | |||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | 2 | 1 | ||
| Total current assets: | 3,952 | 2,581 | 80 | 36 | 2 | 2 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 821 | ||||||||
| Deposits noncurrent assets | 15 | 15 | |||||||
| Total noncurrent assets: | 836 | 15 | |||||||
| TOTAL ASSETS: | 4,787 | 2,596 | 80 | 36 | 2 | 2 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 409 | 85 | 27 | 22 | |||||
| Interest and dividends payable | 24 | ||||||||
| Taxes payable | 17 | ||||||||
| Accounts payable | 409 | 68 | 3 | 22 | |||||
| Debt | 6 | 122 | 57 | ||||||
| Due to related parties | 1,574 | 1,903 | 87 | ||||||
| Other undisclosed current liabilities | 2 | 2 | 8 | 89 | 13 | ||||
| Total current liabilities: | 1,991 | 1,990 | 244 | 22 | 89 | 70 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 447 | ||||||||
| Long-term debt, excluding current maturities | 429 | ||||||||
| Capital lease obligations | 18 | ||||||||
| Liabilities, other than long-term debt | 122 | ||||||||
| Due to related parties | 122 | ||||||||
| Total noncurrent liabilities: | 447 | 122 | |||||||
| Other undisclosed liabilities | 106 | ||||||||
| Total liabilities: | 2,438 | 1,990 | 244 | 250 | 89 | 70 | |||
| Equity | |||||||||
| Equity, attributable to parent | 2,349 | 606 | (165) | (214) | (87) | (68) | |||
| Common stock | 23 | 20 | 7 | 7 | 7 | 7 | |||
| Additional paid in capital | 4,791 | 1,377 | 503 | 403 | 402 | 402 | |||
| Accumulated deficit | (2,465) | (792) | (675) | (624) | (496) | (478) | |||
| Total equity: | 2,349 | 606 | (165) | (214) | (87) | (68) | |||
| TOTAL LIABILITIES AND EQUITY: | 4,787 | 2,596 | 80 | 36 | 2 | 2 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,491 | 2,115 | ||||||
| Revenue, net | 2,491 | |||||||
| Cost of revenue (Cost of Goods and Services Sold) | (2,058) | (1,617) | ||||||
| Gross profit: | 434 | 498 | ||||||
| Operating expenses | (2,116) | (593) | (38) | (120) | (14) | (13) | ||
| Operating loss: | (1,683) | (95) | (38) | (120) | (14) | (13) | ||
| Nonoperating expense (Other Nonoperating expense) | (4) | |||||||
| Interest and debt expense | (8) | (4) | (14) | 5 | ||||
| Loss from continuing operations before income taxes: | (1,691) | (103) | (51) | (115) | (14) | (13) | ||
| Income tax expense (benefit) | 17 | (17) | ||||||
| Loss from continuing operations: | (1,674) | (120) | (51) | (115) | (14) | (13) | ||
| Income (loss) before gain (loss) on sale of properties: | (1,674) | (120) | (51) | 13 | (14) | (13) | ||
| Income from discontinued operations | 128 | |||||||
| Other undisclosed net loss | (141) | (4) | (3) | |||||
| Net loss: | (1,674) | (120) | (51) | (128) | (18) | (16) | ||
| Other undisclosed net income attributable to parent | 4 | |||||||
| Net loss available to common stockholders, diluted: | (1,674) | (116) | (51) | (128) | (18) | (16) | ||
Comprehensive Income ($ in thousands)
| 6/30/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (1,674) | (120) | (51) | (128) | (18) | (16) | ||
| Comprehensive loss, net of tax, attributable to parent: | (1,674) | (120) | (51) | (128) | (18) | (16) | ||
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.