Zero Gravity Solutions, Inc. (ZGSI) Financial Statements (2024 and earlier)

Company Profile

Business Address 190 NW SPANISH RIVER BLVD., SUITE 101
BOCA RATON, FL 33431
State of Incorp. NV
Fiscal Year End December 31
Industry (SIC) 07 - Agricultural Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

9/30/2019
MRQ
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 44142322,851
Cash and cash equivalents 44142322,851
Receivables 0112245
Inventory, net of allowances, customer advances and progress billings 103693322
Inventory 103693322
Prepaid expense 315216282198
Other undisclosed current assets    97
Total current assets: 4623006703,214
Noncurrent Assets
Property, plant and equipment 8610511952
Deposits noncurrent assets    7
Advance royalties    193
Other noncurrent assets 5336286 
Total noncurrent assets: 90440405252
TOTAL ASSETS: 5527401,0753,465
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 54569648167
Interest and dividends payable 21   
Accounts payable   481 
Other undisclosed accounts payable and accrued liabilities 523696 67
Deferred revenue 250✕✕✕
Debt 200204195143
Deferred compensation liability 13131313
Due to related parties 1,186612575467
Other undisclosed current liabilities 960   
Total current liabilities: 3,1531,5251,264690
Noncurrent Liabilities
Long-term debt and lease obligation 453182  
Long-term debt, excluding current maturities 453182  
Liabilities, other than long-term debt 9441,002  
Due to related parties 9441,002  
Other undisclosed noncurrent liabilities 1,099   
Total noncurrent liabilities: 2,4951,184  
Total liabilities: 5,6482,7091,264690
Equity
Equity, attributable to parent (5,096)(1,969)(189)2,776
Common stock 41413937
Additional paid in capital 24,28421,97016,12612,130
Accumulated deficit (29,421)(23,980)(16,354)(9,391)
Total equity: (5,096)(1,969)(189)2,776
TOTAL LIABILITIES AND EQUITY: 5527401,0753,465

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues 4566218137
Revenue, net✕✕ 218137
Cost of revenue (40)(12)(52)(21)
Cost of goods and services sold (38)(10)(41)(13)
Gross profit: 553167116
Operating expenses (4,715)(7,582)(6,960)(4,895)
Operating loss: (4,710)(7,528)(6,793)(4,779)
Nonoperating expense (731)(98)(169)(126)
Interest and debt expense (380)(82)(49)(21)
Loss from continuing operations: (5,820)(7,709)(7,012)(4,926)
Loss before gain (loss) on sale of properties: (5,820)(7,709)(7,012)(4,926)
Net loss: (5,820)(7,709)(7,012)(4,926)
Other undisclosed net income attributable to parent 380824921
Net loss available to common stockholders, diluted: (5,440)(7,627)(6,962)(4,906)

Comprehensive Income ($ in thousands)
Annual | Quarterly

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net loss: (5,820)(7,709)(7,012)(4,926)
Comprehensive loss, net of tax, attributable to parent: (5,820)(7,709)(7,012)(4,926)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: