ALTITUDE INTERNATIONAL HOLDINGS, INC. (ALTD) financial statements (2023 and earlier)

Company profile

Business Address 4500 SE PINE VALLEY STREET
PORT SAINT LUCIE, FL 34952
State of Incorp. NY
Fiscal Year End December 31
SIC 7363 - Help Supply Services (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4230822520
Cash and cash equivalents4230822520
Receivables92    9
Inventory, net of allowances, customer advances and progress billings161     
Inventory161     
Prepaid expense8831064 
Total current assets:76431882929
Noncurrent Assets
Property, plant and equipment71 259 
Intangible assets, net (including goodwill)29,781 1111127
Goodwill29,493     
Intangible assets, net (excluding goodwill)288 1111127
Total noncurrent assets:29,852 1217217
TOTAL ASSETS:30,616331255036
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:4376215719347
Accounts payable    4 
Accrued liabilities   718947
Interest and dividends payable21342550  
Other undisclosed accounts payable and accrued liabilities41628(25)   
Deferred revenue1,388 1
Debt 21279   
Due to related parties36105363627 
Business combination, contingent consideration, liability     13
Deferred revenue and credits 4
Other liabilities     2
Other undisclosed current liabilities21113114438 12
Total current liabilities:1,88230243153122078
Noncurrent Liabilities
Long-term debt and lease obligation1,289     
Long-term debt, excluding current maturities1,289     
Other undisclosed noncurrent liabilities     50
Total noncurrent liabilities:1,289    50
Total liabilities:3,171302431531220128
Stockholders' equity
Stockholders' equity attributable to parent27,445(298)(400)(506)(170)(92)
Common stock30,3633,0912,6691,785270131
Additional paid in capital (175)(183)(150)(150) 
Accumulated deficit(2,918)(3,214)(2,886)(2,142)(290)(223)
Total stockholders' equity:27,445(298)(400)(506)(170)(92)
TOTAL LIABILITIES AND EQUITY:30,616331255036

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues6,596122679 5
Cost of revenue
(Cost of Goods and Services Sold)
  (90)(47)  
Gross profit:6,596113732 5
Operating expenses(9,018)(276)(946)(1,880) (139)
Other undisclosed operating income  9047  
Operating loss:(2,422)(274)(720)(1,801) (133)
Nonoperating income (expense)580(54)(24)(50) (52)
Interest and debt expense(23)(40)(23)(50) (2)
Loss before gain (loss) on sale of properties:(1,864)(368)(767)(1,901) (186)
Other undisclosed net income23     
Net loss:(1,842)(368)(767)(1,901) (186)
Other undisclosed net income (loss) attributable to parent 402350(290)2
Net loss available to common stockholders, diluted:(1,842)(329)(744)(1,851)(290)(185)

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net loss:(1,842)(368)(767)(1,901) (186)
Comprehensive loss, net of tax, attributable to parent:(1,842)(368)(767)(1,901) (186)

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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