Advanced Credit Technologies Inc (ACRT) financial statements (2020 and earlier)

Company profile

Business Address 4947 OLDHAM STREET
SARASOTA, FL 34238
State of Incorp.
Fiscal Year End December 31
SIC 7372 - Prepackaged Software (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 211133244
Cash and cash equivalents 211133244
Other undisclosed current assets 916  
Total current assets: 301293244
Noncurrent Assets
Property, plant and equipment 551671  
Total noncurrent assets: 551671  
TOTAL ASSETS: 5818003244
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 101012462
Other undisclosed accounts payable and accrued liabilities 101012462
Debt 45  26
Due to related parties  14519131
Other undisclosed current liabilities 4050  
Total current liabilities: 94205316118
Noncurrent Liabilities
Other undisclosed liabilities    161
Total liabilities: 94205316279
Stockholders' equity
Stockholders' equity attributable to parent, including: 486594(284)(235)
Preferred stock 00  
Common stock 66624436
Common stock, value, subscriptions 15012  
Additional paid in capital 3,8843,1421,7331,261
Accumulated deficit (3,662)(2,621)(2,061)(1,532)
Warrants and rights outstanding 19   
Other undisclosed stockholders' equity attributable to parent 29   
Total stockholders' equity: 486594(284)(235)
TOTAL LIABILITIES AND EQUITY: 5818003244

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues 10 46
Revenue, net 4 
Other income    1
Cost of revenue
(Cost of Goods and Services Sold)
   (0)(0)
Other undisclosed gross profit    0
Gross profit: 10 46
Operating expenses (1,038)(651)(462)(394)
Other undisclosed operating income   0 
Operating loss: (1,028)(651)(458)(388)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
 (13)91  
Interest and debt expense (12)151(63)(52)
Net loss: (1,052)(409)(521)(440)
Other undisclosed net income (loss) attributable to parent 12(151)01
Net loss available to common stockholders, diluted: (1,040)(560)(521)(439)

Comprehensive Income ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net loss: (1,052)(409)(521)(440)
Comprehensive loss, net of tax, attributable to parent: (1,052)(409)(521)(440)

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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