Xzeres Corp (XPWR) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
9025 SW HILLMAN COURT, SUITE 3126 WILSONVILLE, OR 97070 |
| State of Incorp. | NV |
| Fiscal Year End | February 28 |
| Industry (SIC) | 351 - Engines And Turbines (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 5/31/2015 MRQ | 2/28/2015 | 2/28/2014 | 2/28/2013 | 2/29/2012 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 880 | 43 | ✕ | ||||
| Cash and cash equivalents | 880 | 43 | ✕ | ||||
| Receivables | 921 | 1,880 | 49 | ✕ | |||
| Inventory, net of allowances, customer advances and progress billings | 2,491 | 2,809 | 752 | ✕ | |||
| Inventory | 2,491 | 2,809 | 752 | ✕ | |||
| Prepaid expense | 219 | 426 | ✕ | ✕ | |||
| Deferred costs | 5 | 51 | ✕ | ||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | 73 | ✕ | ||
| Other undisclosed current assets | 1,003 | 761 | 269 | ✕ | |||
| Total current assets: | 5,515 | 5,925 | 1,194 | ✕ | |||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 190 | 222 | 321 | ✕ | |||
| Long-term investments and receivables | 154 | 107 | ✕ | ||||
| Accounts and financing receivable, after allowance for credit loss | 154 | 107 | ✕ | ||||
| Other undisclosed noncurrent assets | 1,278 | 1,820 | 1,935 | ✕ | |||
| Total noncurrent assets: | 1,622 | 2,150 | 2,256 | ✕ | |||
| TOTAL ASSETS: | 7,137 | 8,075 | 3,450 | ✕ | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 2,634 | 2,626 | 3,315 | ✕ | |||
| Taxes payable | 9 | 106 | ✕ | ||||
| Employee-related liabilities | 363 | ✕ | |||||
| Accounts payable | 1,535 | 1,698 | 2,434 | ✕ | |||
| Accrued liabilities | 727 | 822 | 881 | ✕ | |||
| Debt | 14,821 | 9,557 | 2,068 | ✕ | |||
| Customer advances and deposits | 79 | ✕ | ✕ | ✕ | |||
| Other undisclosed current liabilities | 77 | 1,196 | 385 | ✕ | |||
| Total current liabilities: | 17,611 | 13,379 | 5,768 | ✕ | |||
| Noncurrent Liabilities | |||||||
| Liabilities, other than long-term debt | 734 | ✕ | |||||
| Due to related parties | 734 | ✕ | |||||
| Other undisclosed noncurrent liabilities | 1,085 | ✕ | |||||
| Total noncurrent liabilities: | 734 | 1,085 | ✕ | ||||
| Other undisclosed liabilities | 0 | ✕ | |||||
| Total liabilities: | 18,346 | 13,379 | 6,854 | ✕ | |||
| Equity | |||||||
| Equity, attributable to parent | (11,209) | (5,304) | (3,403) | ✕ | |||
| Preferred stock | 1 | 1 | ✕ | ||||
| Common stock | 63 | 43 | 28 | ✕ | |||
| Additional paid in capital | 25,412 | 19,707 | 14,071 | ✕ | |||
| Accumulated other comprehensive income (loss) | (1) | (1) | 61 | ✕ | |||
| Accumulated deficit | (42,073) | (31,335) | (21,838) | ✕ | |||
| Warrants and rights outstanding | 5,390 | 6,280 | 4,273 | ✕ | |||
| Other undisclosed equity | (0) | ✕ | |||||
| Total equity: | (11,209) | (5,304) | (3,403) | ✕ | |||
| TOTAL LIABILITIES AND EQUITY: | 7,137 | 8,075 | 3,450 | ✕ | |||
Income Statement (P&L) ($ in thousands)
| 5/31/2015 TTM | 2/28/2015 | 2/28/2014 | 2/28/2013 | 2/29/2012 | ||
|---|---|---|---|---|---|---|
| Revenues | 4,410 | 4,055 | 4,517 | ✕ | ||
| Cost of revenue (Cost of Goods and Services Sold) | (4,337) | (3,950) | (4,597) | ✕ | ||
| Gross profit: | 73 | 105 | (80) | ✕ | ||
| Operating expenses | (8,368) | (7,578) | (7,292) | ✕ | ||
| Operating loss: | (8,294) | (7,474) | (7,372) | ✕ | ||
| Nonoperating expense | (2,443) | (2,085) | (158) | ✕ | ||
| Gain (loss), foreign currency transaction, before tax | (0) | (63) | 70 | ✕ | ||
| Other nonoperating expense | (2,443) | (2,023) | (227) | ✕ | ||
| Interest and debt expense | (1,128) | (1,211) | 298 | ✕ | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 1,126 | ✕ | ||||
| Loss from continuing operations: | (10,738) | (10,770) | (7,232) | ✕ | ||
| Loss before gain (loss) on sale of properties: | (10,738) | (10,770) | (7,232) | ✕ | ||
| Net loss: | (10,738) | (10,770) | (7,232) | ✕ | ||
| Other undisclosed net income (loss) attributable to parent | 1,273 | (627) | ✕ | |||
| Net loss attributable to parent: | (10,738) | (9,497) | (7,858) | ✕ | ||
| Preferred stock dividends and other adjustments | 259 | ✕ | ||||
| Other undisclosed net loss available to common stockholders, basic | (259) | ✕ | ||||
| Net loss available to common stockholders, diluted: | (10,738) | (9,497) | (7,858) | ✕ | ||
Comprehensive Income ($ in thousands)
| 5/31/2015 TTM | 2/28/2015 | 2/28/2014 | 2/28/2013 | 2/29/2012 | ||
|---|---|---|---|---|---|---|
| Net loss: | (10,738) | (10,770) | (7,232) | ✕ | ||
| Comprehensive loss: | (10,738) | (10,770) | (7,232) | ✕ | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (0) | 1,211 | (557) | ✕ | ||
| Comprehensive loss, net of tax, attributable to parent: | (10,738) | (9,559) | (7,789) | ✕ | ||
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.