Argentum 47, Inc. (ARGQ) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
OFFICE 3305, JUMEIRAH BAY TOWER X3 DUBAI, 340100 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 8742 - Management Consulting Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,653 | 2,034 | 67 | 42 | 19 | 49 | |||
| Cash and cash equivalents | 194 | 5 | 67 | 42 | 19 | 49 | |||
| Short-term investments | 1,459 | 2,029 | |||||||
| Receivables | 14 | 31 | 22 | 3 | 3 | ||||
| Prepaid expense | 4 | 5 | 36 | 86 | 6 | 34 | |||
| Disposal group, including discontinued operation | |||||||||
| Other current assets | 5 | 7 | 9 | 8 | 9 | 452 | |||
| Other undisclosed current assets | 11 | 6 | |||||||
| Total current assets: | 1,675 | 2,078 | 133 | 137 | 48 | 543 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 5 | 2 | 10 | 20 | 30 | 8 | |||
| Intangible assets, net (including goodwill) | 476 | ✕ | |||||||
| Goodwill | 143 | ||||||||
| Intangible assets, net (excluding goodwill) | 333 | ||||||||
| Other undisclosed noncurrent assets | 0 | 3,085 | 2,650 | 3 | 5 | ||||
| Total noncurrent assets: | 481 | 2 | 3,096 | 2,671 | 33 | 13 | |||
| TOTAL ASSETS: | 2,156 | 2,080 | 3,228 | 2,807 | 81 | 556 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 149 | 276 | 388 | 373 | 114 | 39 | |||
| Interest and dividends payable | 112 | 204 | 305 | 305 | 658 | ||||
| Taxes payable | 3 | ||||||||
| Employee-related liabilities | 162 | 153 | 354 | ||||||
| Accounts payable | 63 | 64 | 83 | ||||||
| Accrued liabilities | 5 | 51 | 7 | ||||||
| Other undisclosed accounts payable and accrued liabilities | (188) | (135) | (905) | 39 | |||||
| Debt | 261 | 341 | 120 | 563 | 520 | 1,645 | |||
| Derivative instruments and hedges, liabilities | 302 | ||||||||
| Deferred revenue and credits | ✕ | ✕ | 200 | 839 | 462 | 247 | |||
| Due to related parties | 170 | 239 | 54 | 361 | 59 | 57 | |||
| Other liabilities | |||||||||
| Other undisclosed current liabilities | 1,870 | 515 | 1,053 | 147 | 1,019 | (336) | |||
| Total current liabilities: | 2,450 | 1,371 | 1,815 | 2,284 | 2,476 | 1,653 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 68 | 324 | |||||||
| Long-term debt, excluding current maturities | 68 | 324 | |||||||
| Operating lease, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | 284 | 360 | |||||||
| Total noncurrent liabilities: | 284 | 427 | 324 | ||||||
| Total liabilities: | 2,734 | 1,371 | 1,815 | 2,284 | 2,903 | 1,977 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (578) | 709 | 1,414 | 523 | (3,842) | (2,441) | |||
| Preferred stock | 45 | 1,020 | 1,020 | ||||||
| Common stock | 526 | 526 | 374 | 776 | 36 | 31 | |||
| Additional paid in capital | 10,188 | 9,869 | 8,197 | 6,934 | 3,473 | 2,658 | |||
| Accumulated other comprehensive income (loss) | 14 | 1,182 | 1 | ||||||
| Accumulated deficit | (11,353) | (10,914) | (7,203) | (7,187) | (7,435) | (5,213) | |||
| Other undisclosed equity, attributable to parent | 48 | 47 | (937) | (937) | |||||
| Total equity: | (578) | 709 | 1,414 | 523 | (3,842) | (2,441) | |||
| Other undisclosed liabilities and equity | 1,020 | 1,020 | |||||||
| TOTAL LIABILITIES AND EQUITY: | 2,156 | 2,080 | 3,228 | 2,807 | 81 | 556 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 144 | 225 | 1,511 | 3,313 | 515 | 174 | ||
| Revenue, net | ✕ | ✕ | 1,511 | 3,313 | 730 | |||
| Gross profit: | 144 | 225 | 1,511 | 3,313 | 515 | 174 | ||
| Operating expenses | (1,303) | (1,451) | (1,323) | (1,870) | (1,392) | (2,366) | ||
| Operating income (loss): | (1,159) | (1,227) | 188 | 1,443 | (877) | (2,191) | ||
| Nonoperating expense | (461) | (2,433) | (204) | (1,196) | (1,343) | (154) | ||
| Other nonoperating expense | (461) | (2,482) | (204) | (1,196) | (1,345) | (154) | ||
| Interest and debt expense | 243 | (113) | (83) | 661 | (586) | (148) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (1,377) | (3,773) | (99) | 908 | (2,807) | (2,493) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (243) | 64 | ||||||
| Income (loss) from continuing operations before income taxes: | (1,620) | (3,708) | (99) | 908 | (2,807) | (2,493) | ||
| Income tax expense | (3) | |||||||
| Income (loss) from continuing operations: | (1,620) | (3,711) | (99) | 908 | (2,807) | (2,493) | ||
| Income (loss) before gain (loss) on sale of properties: | (1,620) | (3,711) | (99) | 908 | (2,807) | (2,493) | ||
| Net income (loss): | (1,620) | (3,711) | (99) | 908 | (2,807) | (2,493) | ||
| Other undisclosed net income (loss) attributable to parent | 83 | (661) | 584 | 148 | ||||
| Net income (loss) available to common stockholders, diluted: | (1,620) | (3,711) | (16) | 247 | (2,222) | (2,345) | ||
Comprehensive Income ($ in thousands)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (1,620) | (3,711) | (99) | 908 | (2,807) | (2,493) | ||
| Other comprehensive income | 13 | 1 | ||||||
| Comprehensive income (loss): | (1,607) | (3,711) | (99) | 908 | (2,806) | (2,493) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 1,182 | 83 | (662) | 584 | 148 | |||
| Comprehensive income (loss), net of tax, attributable to parent: | (1,607) | (2,529) | (16) | 246 | (2,221) | (2,345) | ||
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.