Vegalab, Inc. (VEGL) financial statements (2021 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
SIC 287 - Agricultural Chemicals (benchmarking)
More info Complete financial analysis Financial benchmarking

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

6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
3/31/2017
Q1
12/31/2016
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments222647343130126390
Cash and cash equivalents222647343130126390
Receivables9641,8341,675715737732671
Inventory, net of allowances, customer advances and progress billings3,6591,5281,5951,4721,9021,9651,889
Inventory3,6591,5281,5951,4721,9021,9651,889
Prepaid expense28730233914232721
Deposits current assets   2   
Total current assets:5,1324,3113,9522,3322,7882,7632,581
Noncurrent Assets
Property, plant and equipment1,1101,0238212118  
Intangible assets, net (including goodwill)4,1154,209     
Goodwill1,151457     
Intangible assets, net (excluding goodwill)2,9643,752     
Deposits noncurrent assets17 1515 1515
Other noncurrent assets    15  
Total noncurrent assets:5,2425,23383636331515
TOTAL ASSETS:10,3749,5444,7872,3682,8212,7772,596
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,6289884091116310585
Accounts payable1,6289884091116310568
Taxes payable      17
Debt33633  
Due to related parties2,7111,5271,5741,5031,9732,0561,903
Other undisclosed current liabilities3324542
Total current liabilities:4,3452,5211,9911,6222,0442,1661,990
Noncurrent Liabilities
Long-term debt and lease obligation36736844756  
Long-term debt, excluding current maturities35035042956  
Capital lease obligations171818    
Other undisclosed noncurrent liabilities33     
Total noncurrent liabilities:36937244756  
Total liabilities:4,7142,8932,4381,6262,0492,1661,990
Stockholders' equity
Stockholders' equity attributable to parent5,6606,6512,349742772611606
Common stock24242321212020
Additional paid in capital9,1779,1494,7912,2012,0211,6081,377
Accumulated deficit(3,541)(2,522)(2,465)(1,481)(1,271)(1,017)(792)
Total stockholders' equity:5,6606,6512,349742772611606
TOTAL LIABILITIES AND EQUITY:10,3749,5444,7872,3682,8212,7772,596

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

6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
3/31/2017
Q1
12/31/2016
Q4
Revenues4,1667,2891,935180167209528
Revenue, net4,1667,289     
Cost of revenue
(Cost of Goods and Services Sold)
(4,457)(5,696)(1,580)(167)(121)(189)(461)
Gross profit:(290)1,59335613461967
Operating expenses(717)(1,642)(1,336)(223)(298)(259)(336)
Operating loss:(1,008)(49)(980)(210)(252)(240)(269)
Interest and debt expense(10)(7)(4)(0)1(2)(2)
Other undisclosed loss from continuing operations before equity method investments, income taxes      (4)
Loss from continuing operations before equity method investments, income taxes:(1,018)(57)(985)(210)(251)(242)(275)
Other undisclosed loss from continuing operations before income taxes    (3)  
Loss from continuing operations before income taxes:(1,018)(57)(985)(210)(254)(242)(275)
Income tax benefit     1748
Net loss:(1,018)(57)(985)(210)(254)(225)(227)
Other undisclosed net income attributable to parent      4
Net loss available to common stockholders, diluted:(1,018)(57)(985)(210)(254)(225)(224)

Comprehensive Income ($ in thousands)

6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
3/31/2017
Q1
12/31/2016
Q4
Net loss:(1,018)(57)(985)(210)(254)(225)(227)
Comprehensive loss, net of tax, attributable to parent:(1,018)(57)(985)(210)(254)(225)(227)

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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