Avt Inc (AVTC) financial statements (2020 and earlier)

Company profile

Business Address 342 BONNIE CIRCLE, SUITE 102
CORONA, CA 92880
State of Incorp. NV
Fiscal Year End December 31
SIC 358 - Refrigeration And Service Industry Machinery (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3771,060
Cash and cash equivalents3771,060
Receivables9751,664
Inventory, net of allowances, customer advances and progress billings1,9752,037
Inventory1,9752,037
Other undisclosed current assets326 
Total current assets:3,6524,760
Noncurrent Assets
Property, plant and equipment2,5922,662
Intangible assets, net (including goodwill)4,8854,763
Intangible assets, net (excluding goodwill)4,8854,763
Total noncurrent assets:7,4777,426
TOTAL ASSETS:11,12912,186
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt1,397507
Other undisclosed current liabilities2,1585,163
Total current liabilities:3,5565,670
Noncurrent Liabilities
Long-term debt and lease obligation 412
Long-term debt, excluding current maturities 412
Other undisclosed noncurrent liabilities1,188223
Total noncurrent liabilities:1,188635
Total liabilities:4,7446,305
Stockholders' equity
Stockholders' equity attributable to parent6,3855,881
Preferred stock23
Common stock1712
Additional paid in capital36,76027,672
Accumulated deficit(30,394)(21,805)
Total stockholders' equity:6,3855,881
TOTAL LIABILITIES AND EQUITY:11,12912,186

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

12/31/2013
12/31/2012
Revenues6,95313,528
Other operating income (2,732)
Cost of revenue
(Cost of Goods and Services Sold)
(4,871)(11,346)
Gross profit:2,0812,182
Operating expenses(5,448)(6,395)
Operating loss:(3,366)(4,214)
Nonoperating expense(5,223)(665)
Investment income, nonoperating (665)
Interest and debt expense1,2061,745
Loss from continuing operations:(7,383)(3,133)
Loss from discontinued operations (321)
Loss before gain (loss) on sale of properties:(7,383)(3,455)
Other undisclosed net loss(1,274)(3,491)
Net loss:(8,657)(6,946)
Other undisclosed net income attributable to parent6813,891
Net income (loss) attributable to parent:(8,589)6,946
Preferred stock dividends and other adjustments (125)
Net income (loss) available to common stockholders, diluted:(8,589)6,821

Comprehensive Income ($ in thousands)

12/31/2013
12/31/2012
Net loss:(8,657)(6,946)
Comprehensive loss, net of tax, attributable to parent:(8,657)(6,946)

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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