Wellness Center USA, Inc. (WCUI) Financial Statements (2024 and earlier)
Company Profile
Business Address |
2500 WEST HIGGINS ROAD, STE. 780 HOFFMAN ESTATES, IL 60169 |
State of Incorp. | NV |
Fiscal Year End | September 30 |
Industry (SIC) | 2834 - Pharmaceutical Preparations (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
6/30/2022 Q3 | 3/31/2022 Q2 | 12/31/2021 Q1 | 9/30/2021 Q4 | 6/30/2021 Q3 | 3/31/2021 Q2 | 12/31/2020 Q1 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 64 | 16 | 32 | 42 | 146 | 79 | |||
Cash and cash equivalents | 64 | 16 | 32 | 42 | 146 | 79 | |||
Receivables | 1 | 1 | 38 | 9 | 24 | ||||
Inventory, net of allowances, customer advances and progress billings | 27 | 24 | 50 | 129 | 132 | 135 | |||
Inventory | 27 | 24 | 50 | 129 | 132 | 135 | |||
Other undisclosed current assets | 1 | ||||||||
Total current assets: | 93 | 41 | 82 | 208 | 288 | 238 | |||
Noncurrent Assets | |||||||||
Operating lease, right-of-use asset | 2 | ||||||||
Total noncurrent assets: | 2 | ||||||||
TOTAL ASSETS: | 93 | 41 | 82 | 208 | 288 | 239 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities, including: | 662 | 683 | 624 | 549 | 518 | 481 | |||
Settlement liabilities | ✕ | ✕ | 673 | 673 | |||||
Employee-related liabilities | ✕ | ✕ | 71 | 76 | 80 | 85 | 88 | ||
Other undisclosed accounts payable and accrued liabilities | 662 | (62) | (124) | 469 | 433 | 393 | |||
Due to related parties | 2,237 | 2,112 | 2,055 | 1,916 | 1,825 | 1,460 | |||
Other undisclosed current liabilities | 608 | 744 | 749 | 753 | 758 | 762 | |||
Total current liabilities: | 3,507 | 3,539 | 3,428 | 3,219 | 3,101 | 2,703 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 305 | 37 | 37 | 37 | |||||
Long-term debt, excluding current maturities | 305 | 37 | 37 | 37 | |||||
Total noncurrent liabilities: | 305 | 37 | 37 | 37 | |||||
Total liabilities: | 3,812 | 3,539 | 3,428 | 3,256 | 3,138 | 2,740 | |||
Equity | |||||||||
Equity, attributable to parent | (3,230) | (3,096) | (3,008) | (2,810) | (2,700) | (2,540) | |||
Common stock | 126 | 125 | 124 | 122 | 121 | 120 | |||
Additional paid in capital | 25,343 | 25,301 | 25,258 | 25,198 | 25,156 | 25,105 | |||
Accumulated deficit | (28,700) | (28,522) | (28,390) | (28,131) | (27,977) | (27,764) | |||
Equity, attributable to noncontrolling interest | (489) | (402) | (339) | (237) | (150) | 38 | |||
Total equity: | (3,719) | (3,498) | (3,346) | (3,047) | (2,850) | (2,501) | |||
TOTAL LIABILITIES AND EQUITY: | 93 | 41 | 82 | 208 | 288 | 239 |
Income Statement (P&L) ($ in thousands)Annual | Quarterly
6/30/2022 Q3 | 3/31/2022 Q2 | 12/31/2021 Q1 | 9/30/2021 Q4 | 6/30/2021 Q3 | 3/31/2021 Q2 | 12/31/2020 Q1 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 100 | 165 | 19 | 79 | 52 | 90 | ||
Cost of revenue (Cost of Goods and Services Sold) | (10) | (26) | (79) | (10) | (59) | (80) | ||
Gross profit: | 90 | 139 | (60) | 68 | (7) | 10 | ||
Operating expenses | (311) | (288) | (296) | (273) | (362) | (309) | ||
Operating loss: | (221) | (149) | (356) | (204) | (370) | (298) | ||
Nonoperating expense | (44) | (46) | (5) | (36) | (32) | (26) | ||
Interest and debt expense | (40) | (42) | (3) | (36) | (32) | (26) | ||
Loss from continuing operations: | (305) | (237) | (363) | (277) | (434) | (350) | ||
Loss before gain (loss) on sale of properties: | (305) | (237) | (363) | (277) | (434) | (350) | ||
Other undisclosed net income | 40 | 42 | 3 | 36 | 32 | 26 | ||
Net loss: | (265) | (195) | (360) | (241) | (402) | (324) | ||
Net income attributable to noncontrolling interest | 87 | 63 | 102 | 87 | 188 | 144 | ||
Net loss available to common stockholders, diluted: | (178) | (132) | (259) | (154) | (213) | (181) |
Comprehensive Income ($ in thousands)Annual | Quarterly
6/30/2022 Q3 | 3/31/2022 Q2 | 12/31/2021 Q1 | 9/30/2021 Q4 | 6/30/2021 Q3 | 3/31/2021 Q2 | 12/31/2020 Q1 | ||
---|---|---|---|---|---|---|---|---|
Net loss: | (265) | (195) | (360) | (241) | (402) | (324) | ||
Comprehensive loss: | (265) | (195) | (360) | (241) | (402) | (324) | ||
Comprehensive income, net of tax, attributable to noncontrolling interest | 87 | 63 | 102 | 87 | 188 | 144 | ||
Comprehensive loss, net of tax, attributable to parent: | (178) | (132) | (259) | (154) | (213) | (181) |
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.