VISION ENERGY Corp (VENG) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
95 CHRISTOPHER COLUMBUS DRIVE JERSEY CITY, NJ 07302 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 281 - Industrial Inorganic Chemicals (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 3,713 | 154 | 7 | 278 | 359 | 456 | |||
| Cash and cash equivalents | 3,713 | 154 | 7 | 278 | 359 | 456 | |||
| Receivables | 29 | 61 | 804 | 1,087 | 772 | ||||
| Prepaid expense | 432 | 29 | 9 | 15 | 16 | 15 | |||
| Contract with customer, asset, after allowance for credit loss | 26 | ✕ | |||||||
| Other current assets | 70 | ||||||||
| Costs in excess of billings | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 52 | ||
| Other undisclosed current assets | 45 | 36 | |||||||
| Total current assets: | 4,174 | 244 | 86 | 1,123 | 1,508 | 1,330 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 107 | 223 | ✕ | ✕ | |||||
| Property, plant and equipment | 23 | 478 | 476 | 103 | |||||
| Long-term investments and receivables | 175 | ||||||||
| Long-term investments | 175 | ||||||||
| Intangible assets, net (including goodwill) | 1,437 | 1,457 | |||||||
| Goodwill | 1,374 | 1,374 | |||||||
| Intangible assets, net (excluding goodwill) | 63 | 84 | |||||||
| Deposits noncurrent assets | 32 | 33 | 8 | ||||||
| Deferred income tax assets | 46 | ✕ | ✕ | ||||||
| Deferred tax assets, net | ✕ | ✕ | ✕ | ✕ | ✕ | 50 | 44 | ||
| Other undisclosed noncurrent assets | 110 | 25 | 130 | ||||||
| Total noncurrent assets: | 110 | 155 | 175 | 2,346 | 2,016 | 155 | |||
| TOTAL ASSETS: | 4,285 | 399 | 261 | 3,468 | 3,525 | 1,485 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 176 | 443 | 70 | 702 | 891 | 631 | |||
| Interest and dividends payable | ✕ | ✕ | 17 | ||||||
| Taxes payable | ✕ | ✕ | 67 | 81 | 109 | 160 | |||
| Other undisclosed accounts payable and accrued liabilities | 176 | 376 | 53 | 621 | 783 | 472 | |||
| Deferred revenue | 47 | ✕ | ✕ | ||||||
| Debt | 20 | 191 | 104 | ||||||
| Billings in excess of cost | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 87 | ||
| Due to related parties | 580 | 31 | |||||||
| Other undisclosed current liabilities | 107 | 17 | 431 | 495 | 160 | ||||
| Total current liabilities: | 176 | 550 | 686 | 1,372 | 1,490 | 909 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 67 | 517 | 393 | ||||||
| Long-term debt, excluding current maturities | 72 | 160 | |||||||
| Capital lease obligations | ✕ | ✕ | ✕ | ✕ | ✕ | 233 | |||
| Finance lease, liability | 308 | ✕ | ✕ | ||||||
| Operating lease, liability | 67 | 137 | ✕ | ✕ | |||||
| Other undisclosed noncurrent liabilities | (67) | 683 | 18 | ||||||
| Total noncurrent liabilities: | 67 | 1,200 | 411 | ||||||
| Total liabilities: | 176 | 617 | 686 | 2,572 | 1,902 | 909 | |||
| Equity | |||||||||
| Equity, attributable to parent | 4,109 | (218) | (425) | 897 | 1,623 | 576 | |||
| Common stock | 4 | 2 | 0 | 1 | 1 | 1 | |||
| Additional paid in capital | 24,439 | 4,219 | 3,060 | 2,970 | 2,983 | 1,336 | |||
| Accumulated other comprehensive income (loss) | 2 | 34 | (64) | (76) | (29) | ||||
| Accumulated deficit | (20,336) | (4,474) | (3,485) | (2,010) | (1,286) | (732) | |||
| Total equity: | 4,109 | (218) | (425) | 897 | 1,623 | 576 | |||
| TOTAL LIABILITIES AND EQUITY: | 4,285 | 399 | 261 | 3,468 | 3,525 | 1,485 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 6,817 | 7,546 | 6,353 | |||||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 6,353 | |
| Cost of revenue (Cost of Goods and Services Sold) | (4,855) | (5,533) | (4,329) | |||||
| Gross profit: | 1,962 | 2,013 | 2,024 | |||||
| Operating expenses | (14,833) | (994) | (311) | (2,416) | (2,447) | (1,961) | ||
| Operating income (loss): | (14,833) | (994) | (311) | (453) | (433) | 63 | ||
| Nonoperating income (expense) | (0) | 5 | 258 | 104 | ||||
| Debt instrument, convertible, beneficial conversion feature | 98 | 366 | ||||||
| Interest and debt expense | (0) | (15) | (81) | (43) | (106) | |||
| Income (loss) from continuing operations before income taxes: | (14,834) | (1,003) | (392) | (238) | (435) | 63 | ||
| Income tax expense | (16) | (54) | ||||||
| Income (loss) from continuing operations: | (14,834) | (1,003) | (392) | (238) | (452) | 9 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | (1,003) | (1,337) | (238) | (452) | 9 | ||
| Loss from discontinued operations | (1,028) | (945) | ||||||
| Other undisclosed net loss | (473) | |||||||
| Net income (loss): | (15,862) | (1,003) | (1,337) | (711) | (452) | 9 | ||
| Other undisclosed net income (loss) attributable to parent | 0 | 15 | (74) | (13) | (102) | |||
| Net income (loss) attributable to parent: | (15,862) | (988) | (1,412) | (724) | (554) | 9 | ||
| Preferred stock dividends and other adjustments | (93,840) | |||||||
| Other undisclosed net income (loss) available to common stockholders, basic | (33) | 34 | ||||||
| Net income (loss) available to common stockholders, diluted: | (15,895) | (94,794) | (1,412) | (724) | (554) | 9 | ||
Comprehensive Income ($ in thousands)
| 3/31/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (15,862) | (1,003) | (1,337) | (711) | (452) | 9 | ||
| Other comprehensive income | 14 | 47 | 22 | |||||
| Comprehensive income (loss): | (15,848) | (1,003) | (1,337) | (711) | (405) | 31 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (46) | 49 | (1) | (196) | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | (15,895) | (954) | (1,337) | (712) | (601) | 31 | ||
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.