QUALITY INDUSTRIAL CORP. (WSFT) Financial Statements (2024 and earlier)
Company Profile
Business Address |
315 MONTGOMERY STREET SAN FRANCISCO, CA 94104 |
State of Incorp. | NV |
Fiscal Year End | June 30 |
Industry (SIC) | 359 - Miscellaneous Industrial And Commercial (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
9/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | |||
---|---|---|---|---|---|---|
ASSETS | ||||||
Current Assets | ||||||
Cash, cash equivalents, and short-term investments | 1,313 | 16 | 24 | |||
Cash and cash equivalents | 1,313 | 16 | 24 | |||
Receivables | 1,794 | |||||
Inventory, net of allowances, customer advances and progress billings | 1,203 | |||||
Inventory | 1,203 | |||||
Deposits current assets | ||||||
Other current assets | 110,289 | |||||
Other undisclosed current assets | (2,997) | 0 | 188 | |||
Total current assets: | 111,602 | 16 | 212 | |||
Noncurrent Assets | ||||||
Finance lease, right-of-use asset, after accumulated amortization | ||||||
Property, plant and equipment | ||||||
Intangible assets, net (including goodwill) | ||||||
Goodwill | ||||||
Other noncurrent assets | 89,090 | 210 | ||||
Other undisclosed noncurrent assets | ||||||
Total noncurrent assets: | 89,090 | 210 | ||||
TOTAL ASSETS: | 200,692 | 226 | 212 | |||
LIABILITIES AND EQUITY | ||||||
Liabilities | ||||||
Current Liabilities | ||||||
Accounts payable and accrued liabilities, including: | 44,551 | 207 | 137 | |||
Accounts payable | 54 | |||||
Accrued liabilities | 883 | |||||
Other undisclosed accounts payable and accrued liabilities | 43,615 | 207 | 137 | |||
Debt | 358 | |||||
Due to related parties | ✕ | 30 | 30 | |||
Other liabilities | 100,135 | |||||
Other undisclosed current liabilities | 63 | |||||
Total current liabilities: | 144,686 | 595 | 230 | |||
Noncurrent Liabilities | ||||||
Long-term debt and lease obligation | 1,100 | |||||
Long-term debt, excluding current maturities | 1,100 | |||||
Liabilities, other than long-term debt, including: | 28,029 | |||||
Liability, pension and other postretirement and postemployment benefits | 1,954 | |||||
Other liabilities | 28,029 | |||||
Operating lease, liability | 13,697 | |||||
Other undisclosed liabilities, other than long-term debt | (15,651) | |||||
Other undisclosed noncurrent liabilities | ||||||
Total noncurrent liabilities: | 29,129 | |||||
Total liabilities: | 173,815 | 595 | 230 | |||
Equity | ||||||
Equity, attributable to parent, including: | 3,235 | (369) | (18) | |||
Common stock | 103 | 95 | 105 | |||
Additional paid in capital | 12,175 | 11,904 | 7,232 | |||
Accumulated deficit | (9,438) | (12,763) | (7,579) | |||
Other undisclosed equity, attributable to parent | 395 | 395 | 223 | |||
Equity, attributable to noncontrolling interest | 23,643 | |||||
Total equity: | 26,877 | (369) | (18) | |||
TOTAL LIABILITIES AND EQUITY: | 200,692 | 226 | 212 |
Income Statement (P&L) ($ in thousands)
9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | ||
---|---|---|---|---|---|
Revenues | 65,604 | ||||
Cost of revenue | (43,932) | ||||
Other undisclosed gross profit | |||||
Gross profit: | 21,672 | ||||
Operating expenses | (11,471) | (5,175) | (1,943) | ||
Other operating expense, net (Other Expenses) | |||||
Other undisclosed operating income | |||||
Operating income (loss): | 10,201 | (5,175) | (1,943) | ||
Nonoperating income | 263 | ||||
Other nonoperating income | 263 | ||||
Interest and debt expense | 3,840 | (4) | (7) | ||
Other undisclosed income from continuing operations before equity method investments, income taxes | |||||
Income (loss) from continuing operations: | 14,304 | (5,179) | (1,950) | ||
Loss before gain (loss) on sale of properties: | ✕ | ✕ | (5,179) | (1,950) | |
Other undisclosed net loss | |||||
Net income (loss): | 14,304 | (5,179) | (1,950) | ||
Other undisclosed net loss attributable to parent | (7,531) | (0) | |||
Net income (loss) available to common stockholders, basic: | 6,773 | (5,180) | (1,950) | ||
Dilutive securities, effect on basic earnings per share | |||||
Net income (loss) available to common stockholders, diluted: | 6,773 | (5,180) | (1,950) |
Comprehensive Income ($ in thousands)
9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | ||
---|---|---|---|---|---|
Net income (loss): | 14,304 | (5,179) | (1,950) | ||
Comprehensive income (loss), net of tax, attributable to parent: | 14,304 | (5,179) | (1,950) |
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.