Cool Technologies, Inc. (WARM) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
8875 HIDDEN RIVER PARKWAY TAMPA, FL 33637 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 82 - Educational Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 0 | 72 | 0 | 15 | 24 | 173 | 62 | ||
| Cash and cash equivalents | 0 | 72 | 0 | 15 | 24 | 173 | 62 | ||
| Inventory, net of allowances, customer advances and progress billings | 385 | 421 | 180 | 150 | 54 | ||||
| Inventory | 385 | 421 | 180 | 150 | 54 | ||||
| Prepaid expense | 344 | 5 | 12 | 10 | |||||
| Other undisclosed current assets | 344 | ||||||||
| Total current assets: | 730 | 838 | 180 | 170 | 91 | 183 | 62 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 18 | 37 | 57 | 76 | 64 | 46 | 72 | ||
| Intangible assets, net (including goodwill) | 206 | 183 | 166 | ||||||
| Intangible assets, net (excluding goodwill) | 206 | 183 | 166 | ||||||
| Other undisclosed noncurrent assets | 296 | 262 | 234 | 213 | |||||
| Total noncurrent assets: | 313 | 299 | 291 | 289 | 270 | 229 | 238 | ||
| TOTAL ASSETS: | 1,043 | 1,137 | 471 | 460 | 361 | 413 | 300 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 2,576 | 3,620 | 3,487 | 2,908 | 1,350 | 1,280 | 1,689 | ||
| Interest and dividends payable | ✕ | 1,105 | 764 | ||||||
| Employee-related liabilities | ✕ | 258 | 107 | 62 | 62 | 57 | 94 | ||
| Accounts payable | 1,674 | 1,348 | 1,474 | 1,932 | 1,288 | 1,223 | 1,596 | ||
| Accrued liabilities | 902 | 909 | 1,143 | 914 | |||||
| Debt | 3,645 | 4,013 | 2,939 | 2,971 | 2,091 | 659 | 825 | ||
| Derivative instruments and hedges, liabilities | 157 | 176 | 396 | 713 | |||||
| Due to related parties | 82 | 87 | 106 | 92 | 813 | 992 | 616 | ||
| Customer advances and deposits | ✕ | ✕ | ✕ | ✕ | ✕ | 400 | 400 | ||
| Other undisclosed current liabilities | 2,063 | 313 | 294 | 308 | 481 | 8 | 4,790 | ||
| Total current liabilities: | 8,522 | 8,208 | 7,222 | 6,992 | 4,735 | 3,338 | 8,320 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 9 | 31 | 38 | 29 | 37 | 97 | 18 | ||
| Long-term debt, excluding current maturities | 9 | 31 | 38 | 29 | 37 | 97 | 18 | ||
| Total noncurrent liabilities: | 9 | 31 | 38 | 29 | 37 | 97 | 18 | ||
| Total liabilities: | 8,531 | 8,239 | 7,260 | 7,021 | 4,772 | 3,435 | 8,339 | ||
| Equity | |||||||||
| Equity, attributable to parent, including: | (7,502) | (7,102) | (6,789) | (6,562) | (4,490) | (3,694) | (8,186) | ||
| Common stock | 683 | 588 | 509 | 267 | 215 | 153 | 111 | ||
| Additional paid in capital | 52,935 | 51,574 | 48,520 | 46,265 | 45,161 | 41,401 | 31,891 | ||
| Accumulated deficit | (61,121) | (59,277) | (55,830) | (52,107) | (49,866) | (45,248) | (40,188) | ||
| Other undisclosed equity, attributable to parent | 13 | 13 | (987) | ||||||
| Equity, attributable to noncontrolling interest | (56) | (57) | (56) | (55) | (52) | (40) | |||
| Other undisclosed equity | 70 | 57 | 56 | 135 | 723 | 189 | |||
| Total equity: | (7,488) | (7,102) | (6,789) | (6,562) | (4,410) | (3,023) | (8,038) | ||
| TOTAL LIABILITIES AND EQUITY: | 1,043 | 1,137 | 471 | 460 | 361 | 413 | 300 | ||
Income Statement (P&L) ($ in thousands)
| 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Operating expenses | (1,196) | (1,175) | (986) | (1,755) | (2,260) | (2,379) | (3,958) | |
| Operating loss: | (1,196) | (1,175) | (986) | (1,755) | (2,260) | (2,379) | (3,958) | |
| Interest and debt expense | (726) | (1,676) | (1,396) | (1,819) | (2,456) | (1,163) | (1,815) | |
| Loss from continuing operations before equity method investments, income taxes: | (1,922) | (2,850) | (2,382) | (3,574) | (4,716) | (3,542) | (5,773) | |
| Income from equity method investments | 2 | |||||||
| Other undisclosed income from continuing operations before income taxes | 2,848 | |||||||
| Loss from continuing operations: | (1,922) | (1) | (2,382) | (3,574) | (4,716) | (3,542) | (5,773) | |
| Loss before gain (loss) on sale of properties: | ✕ | (1) | (2,382) | (3,574) | (4,716) | (3,542) | (5,773) | |
| Other undisclosed net income (loss) | 78 | 98 | (1,517) | 4,929 | ||||
| Net loss: | (1,844) | (1) | (2,382) | (3,574) | (4,618) | (5,059) | (844) | |
| Net loss attributable to noncontrolling interest | (0) | |||||||
| Other undisclosed net income (loss) attributable to parent | 0 | (3,445) | (342) | 331 | (2) | (12) | (12) | |
| Net loss attributable to parent: | (1,844) | (3,446) | (2,724) | (3,243) | (4,621) | (5,071) | (856) | |
| Other undisclosed net income available to common stockholders, basic | 1 | 1 | 2 | 2 | 12 | 12 | ||
| Net loss available to common stockholders, diluted: | (1,844) | (3,445) | (2,723) | (3,241) | (4,618) | (5,059) | (844) | |
Comprehensive Income ($ in thousands)
| 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (1,844) | (1) | (2,382) | (3,574) | (4,618) | (5,059) | (844) | |
| Comprehensive loss: | (1,844) | (1) | (2,382) | (3,574) | (4,618) | (5,059) | (844) | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (0) | |||||||
| Comprehensive loss, net of tax, attributable to parent: | (1,844) | (1) | (2,382) | (3,574) | (4,618) | (5,059) | (844) | |
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.