VIASPACE Inc. (VSPC) Financial Statements (2024 and earlier)
Company Profile
Business Address |
382 N. LEMON AVE #364 WALNUT, CA 91789 |
State of Incorp. | |
Fiscal Year End | December 31 |
Industry (SIC) | 733 - Mailing, Reproduction, Commercial Art And Photography, and Stenographic Services (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
3/31/2019 MRQ | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 5 | 4 | 19 | 10 | 13 | 6 | |||
Cash and cash equivalents | 5 | 4 | 19 | 10 | 13 | 6 | |||
Receivables | 2 | 41 | |||||||
Prepaid expense | 11 | 22 | 14 | 69 | 68 | ||||
Other undisclosed current assets | 182 | 233 | |||||||
Total current assets: | 18 | 26 | 33 | 120 | 263 | 239 | |||
Noncurrent Assets | |||||||||
Property, plant and equipment | 1 | ||||||||
Long-term investments and receivables | 6 | ||||||||
Long-term investments | 6 | ||||||||
Other noncurrent assets | 1 | 1 | 16 | 42 | 1 | 1 | |||
Total noncurrent assets: | 1 | 7 | 16 | 42 | 1 | 2 | |||
TOTAL ASSETS: | 19 | 33 | 49 | 162 | 264 | 241 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 107 | 101 | 97 | 166 | 58 | 32 | |||
Accounts payable | 89 | 83 | 68 | 93 | 58 | 32 | |||
Accrued liabilities | 18 | 18 | 29 | 73 | |||||
Deferred revenue and credits | ✕ | ✕ | 20 | 20 | 47 | 65 | 37 | ||
Due to related parties | 749 | 749 | 640 | 656 | 640 | ||||
Contract with customer, liability | 55 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
Other undisclosed current liabilities | 33 | 16 | 65 | 740 | |||||
Total current liabilities: | 944 | 886 | 757 | 869 | 828 | 809 | |||
Noncurrent Liabilities | |||||||||
Total liabilities: | 944 | 886 | 757 | 869 | 828 | 809 | |||
Equity | |||||||||
Equity, attributable to parent | (925) | (853) | (708) | (707) | (564) | (568) | |||
Common stock | 383 | 330 | 282 | 200 | 1,562 | 1,489 | |||
Additional paid in capital | 53,783 | 53,136 | 52,458 | 51,340 | 48,115 | 47,432 | |||
Accumulated deficit | (55,091) | (54,319) | (53,448) | (52,247) | (50,241) | (49,489) | |||
Total equity: | (925) | (853) | (708) | (707) | (564) | (568) | |||
TOTAL LIABILITIES AND EQUITY: | 19 | 33 | 49 | 162 | 264 | 241 |
Income Statement (P&L) ($ in thousands)
3/31/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 93 | 116 | 205 | 188 | 153 | 105 | ||
Revenue, net | ✕ | ✕ | 116 | 205 | 129 | 153 | 105 | |
Revenue from related parties | 67 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
Other income | 84 | ✕ | ✕ | |||||
Cost of revenue | (31) | (30) | (58) | (87) | (46) | (31) | ||
Gross profit: | 62 | 86 | 147 | 101 | 107 | 74 | ||
Operating expenses | (740) | (807) | (36) | (61) | (57) | (29) | ||
Other undisclosed operating loss | (984) | (1,376) | (669) | (679) | ||||
Operating loss: | (678) | (721) | (873) | (1,336) | (619) | (634) | ||
Nonoperating expense | (94) | (150) | (328) | (670) | (133) | (65) | ||
Debt instrument, convertible, beneficial conversion feature | 88 | 139 | 330 | 709 | 137 | |||
Interest and debt expense | (88) | (141) | (333) | (710) | (138) | (65) | ||
Other undisclosed income from continuing operations before equity method investments, income taxes | 333 | 710 | 138 | 65 | ||||
Loss from continuing operations before equity method investments, income taxes: | (860) | (1,012) | (1,201) | (2,006) | (752) | (699) | ||
Other undisclosed income from continuing operations before income taxes | 88 | 141 | ||||||
Loss from continuing operations: | (772) | (871) | (1,201) | (2,006) | (752) | (699) | ||
Loss before gain (loss) on sale of properties: | (772) | (871) | (1,201) | (2,006) | (752) | (699) | ||
Net loss available to common stockholders, diluted: | (772) | (871) | (1,201) | (2,006) | (752) | (699) |
Comprehensive Income ($ in thousands)
3/31/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
---|---|---|---|---|---|---|---|---|
Net loss: | (772) | (871) | (1,201) | (2,006) | (752) | (699) | ||
Comprehensive loss, net of tax, attributable to parent: | (772) | (871) | (1,201) | (2,006) | (752) | (699) |
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.