Panache Beverage Inc (WDKA) financial statements (2021 and earlier)

Company profile

Business Address 150 5TH AVE 3RD FL
NEW YORK, NY 10011
State of Incorp. DE
Fiscal Year End December 31
SIC 208 - Beverages (benchmarking)
More info Complete financial analysis Financial benchmarking

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

Current Assets
Cash, cash equivalents, and short-term investments50714
Cash and cash equivalents50714
Inventory, net of allowances, customer advances and progress billings95
Inventory 95
Prepaid expense and other current assets100
Other undisclosed current assets3,6801,984
Total current assets:3,7302,893
Noncurrent Assets
Property, plant and equipment3,45111
Total noncurrent assets:3,45111
TOTAL ASSETS:7,1802,904
Current Liabilities
Accounts payable and accrued liabilities1,2191,055
Accounts payable1,2191,055
Due to related parties498 
Other liabilities620569
Other undisclosed current liabilities4661,977
Total current liabilities:2,8363,601
Noncurrent Liabilities
Other undisclosed noncurrent liabilities11,2112,100
Total noncurrent liabilities:11,2112,100
Total liabilities:14,0475,701
Stockholders' equity
Stockholders' equity attributable to parent, including:(6,867)(2,796)
Common stock2727
Additional paid in capital4,1923,213
Accumulated deficit(10,366)(5,783)
Other additional capital483234
Other undisclosed stockholders' equity attributable to parent(1,203)(486)
Stockholders' equity attributable to noncontrolling interest(1,203)(486)
Other undisclosed stockholders' equity1,2033,769
Total stockholders' equity:(6,867)486
Other undisclosed liabilities and equity (3,283)

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

Cost of revenue
(Cost of Goods and Services Sold)
Gross profit:1,1571,162
Operating expenses(6,214)(4,889)
Other operating expense, net
(Other Expenses)
Operating loss:(5,057)(3,888)
Nonoperating expense
(Other Nonoperating expense)
Interest and debt expense(567)133
Loss from continuing operations before equity method investments, income taxes:(5,866)(3,755)
Other undisclosed income (loss) from continuing operations before income taxes567(133)
Loss from continuing operations before income taxes:(5,299)(3,888)
Other undisclosed income from continuing operations6,0154,508
Income before gain (loss) on sale of properties:716621
Other undisclosed net loss(6,015) 
Net income (loss):(5,299)621
Other undisclosed net income (loss) attributable to parent716(3,888)
Net loss available to common stockholders, diluted:(4,583)(3,267)

Comprehensive Income ($ in thousands)

Net income (loss):(5,299)621
Comprehensive income (loss):(5,299)621
Comprehensive loss, net of tax, attributable to noncontrolling interest(716) 
Comprehensive income (loss), net of tax, attributable to parent:(6,015)621

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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