XFIT BRANDS INC (XFTB) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
25731 COMMERCENTRE DRIVE LAKE FOREST, CA 92630 |
| State of Incorp. | NV |
| Fiscal Year End | June 30 |
| Industry (SIC) | 3949 - Sporting and Athletic Goods, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2016 | 6/30/2015 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 51 | |||
| Cash and cash equivalents | 51 | |||
| Receivables | 93 | |||
| Inventory, net of allowances, customer advances and progress billings | 169 | |||
| Inventory | 169 | |||
| Prepaid expense | 334 | |||
| Advance royalties | 75 | |||
| Total current assets: | 722 | |||
| Noncurrent Assets | ||||
| Property, plant and equipment | 42 | |||
| Intangible assets, net (including goodwill) | 52 | |||
| Intangible assets, net (excluding goodwill) | 52 | |||
| Deposits noncurrent assets | 27 | |||
| Total noncurrent assets: | 122 | |||
| TOTAL ASSETS: | 844 | |||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities | 660 | |||
| Accounts payable | 446 | |||
| Accrued liabilities | 214 | |||
| Debt | ||||
| Due to related parties | 96 | |||
| Customer advances and deposits | 158 | |||
| Other undisclosed current liabilities | ||||
| Total current liabilities: | 914 | |||
| Noncurrent Liabilities | ||||
| Long-term debt and lease obligation | 1,620 | |||
| Long-term debt, excluding current maturities | 1,620 | |||
| Total noncurrent liabilities: | 1,620 | |||
| Total liabilities: | 2,535 | |||
| Equity | ||||
| Equity, attributable to parent | (1,691) | |||
| Common stock | 0 | |||
| Additional paid in capital | 4,319 | |||
| Accumulated deficit | (6,010) | |||
| Total equity: | (1,691) | |||
| TOTAL LIABILITIES AND EQUITY: | 844 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2016 | 6/30/2015 | ||
|---|---|---|---|
| Revenues | 2,039 | ||
| Revenue, net | 2,039 | ||
| Cost of revenue | (1,418) | ||
| Gross profit: | 621 | ||
| Operating expenses | (1,847) | ||
| Operating loss: | (1,227) | ||
| Interest and debt expense | (382) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 3,202 | ||
| Income from continuing operations: | 1,594 | ||
| Income before gain (loss) on sale of properties: | 1,594 | ||
| Net income: | 1,594 | ||
| Other undisclosed net loss attributable to parent | (3,188) | ||
| Net loss available to common stockholders, diluted: | (1,594) | ||
Comprehensive Income ($ in thousands)
| 6/30/2016 | 6/30/2015 | ||
|---|---|---|---|
| Net income: | 1,594 | ||
| Comprehensive income, net of tax, attributable to parent: | 1,594 | ||
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.