Acquired Sales Corp (AQSP) financial statements (2021 and earlier)

Company profile

Business Address 4227 HABANA AVENUE
JACKSONVILLE, FL 32217
State of Incorp. NV
Fiscal Year End December 31
SIC 2833 - Medicinal Chemicals and Botanical Products (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4394,385  128588
Cash and cash equivalents4394,385  128588
Receivables1,709      
Inventory, net of allowances, customer advances and progress billings641      
Inventory641      
Prepaid expense45510    8
Intangible current assets3      
Other undisclosed current assets17200     
Total current assets:3,2654,595  128596
Noncurrent Assets
Operating lease, right-of-use asset8 
Inventory, real estate200      
Nontrade receivables      36
Property, plant and equipment135      
Long-term investments and receivables     25603
Accounts and financing receivable, after allowance for credit loss     25603
Intangible assets, net (including goodwill)22,291      
Goodwill22,293      
Intangible assets, net (excluding goodwill)(1)      
Other undisclosed noncurrent assets1,9281,896     
Total noncurrent assets:24,5621,896   25638
TOTAL ASSETS:27,8276,491  1531,234
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:639381151069219224
Accounts payable 38113106921925
Accrued liabilities1     199
Employee-related liabilities350      
Interest and dividends payable64 1    
Other undisclosed accounts payable and accrued liabilities224      
Deferred revenue1,096 
Due to related parties  22412257 111
Other undisclosed current liabilities573151    (310)
Total current liabilities:2,3091893392281491925
Noncurrent Liabilities
Long-term debt and lease obligation150      
Long-term debt, excluding current maturities150      
Liabilities, other than long-term debt3,750      
Due to related parties3,750      
Total noncurrent liabilities:3,900      
Total liabilities:6,2081893392281491925
Stockholders' equity
Stockholders' equity attributable to parent, including:21,6196,301(339)(228)(148)331,209
Preferred stock00     
Common stock632222 
Treasury stock, value(34)      
Additional paid in capital38,78721,69113,66513,55513,55513,55513,555
Accumulated deficit(17,141)(15,393)(14,006)(13,785)(13,705)(13,523)(12,347)
Other undisclosed stockholders' equity attributable to parent      2
Total stockholders' equity:21,6196,301(339)(228)(148)331,209
TOTAL LIABILITIES AND EQUITY:27,8276,491  1531,234

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues5,344   02 
Other income    02
Cost of revenue(3,407)      
Gross profit:1,937   02 
Operating expenses(1,085)(177)(71)(65)(79)(1,240)(311)
Other undisclosed operating loss(2,370)(1,086)     
Operating loss:(1,518)(1,263)(71)(65)(79)(1,237)(311)
Nonoperating income (expense)(16)27   6236
Investment income, nonoperating     6236
Other nonoperating income (expense)(16)27     
Interest and debt expense1329(39)    
Loss from continuing operations before equity method investments, income taxes:(1,522)(1,207)(110)(65)(79)(1,176)(275)
Other undisclosed loss from continuing operations before income taxes (29)     
Loss before gain (loss) on sale of properties:(1,522)(1,236)(110)(65)(79)(1,176)(275)
Other undisclosed net loss  (110)(15)  (5,046)
Net loss:(1,522)(1,236)(221)(80)(79)(1,176)(5,321)
Other undisclosed net loss attributable to parent(13)   (102)  
Net loss available to common stockholders, diluted:(1,535)(1,236)(221)(80)(182)(1,176)(5,321)

Comprehensive Income ($ in thousands)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net loss:(1,522)(1,236)(221)(80)(79)(1,176)(5,321)
Comprehensive loss, net of tax, attributable to parent:(1,522)(1,236)(221)(80)(79)(1,176)(5,321)

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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