BLUE BIOFUELS, INC. (BIOF) financial statements (2022 and earlier)
Company profile
| Business Address |
3710 BUCKEYE ST PALM BEACH GARDENS, FL 33401 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| SIC | 286 - Industrial Organic Chemicals (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 1,165 | 287 | 55 | 50 | 62 | 206 | ||
| Cash and cash equivalents | 1,165 | 287 | 55 | 50 | 62 | 206 | ||
| Prepaid expense | 45 | 45 | 429 | 681 | 744 | 471 | ||
| Deferred costs | 54 | |||||||
| Disposal group, including discontinued operation | 11 | |||||||
| Total current assets: | 1,210 | 332 | 484 | 730 | 860 | 688 | ||
| Noncurrent Assets | ||||||||
| Operating lease, right-of-use asset | 66 | 145 | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 378 | 247 | 177 | 255 | 311 | 140 | ||
| Intangible assets, net (including goodwill) | 155 | 138 | ||||||
| Intangible assets, net (excluding goodwill) | 155 | 138 | ||||||
| Deferred costs | 202 | |||||||
| Other undisclosed noncurrent assets | 30 | 30 | 3,751 | 7,779 | 7,141 | 7,364 | ||
| Total noncurrent assets: | 629 | 561 | 3,928 | 8,034 | 7,654 | 7,505 | ||
| Other undisclosed assets | 177 | 255 | 311 | 140 | ||||
| TOTAL ASSETS: | 1,838 | 893 | 4,590 | 9,019 | 8,825 | 8,333 | ||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities, including: | 60 | 190 | 483 | 342 | 387 | 182 | ||
| Accounts payable | 11 | 91 | ||||||
| Interest and dividends payable | 49 | 99 | 193 | 69 | 9 | 5 | ||
| Other undisclosed accounts payable and accrued liabilities | 291 | 273 | 378 | 177 | ||||
| Debt | 50 | 75 | 645 | 185 | 1,264 | |||
| Derivative instruments and hedges, liabilities | 235 | 914 | ||||||
| Due to related parties | 313 | 753 | 2,073 | 2,073 | 2,031 | 2,031 | ||
| Disposal group, including discontinued operation | 36 | 36 | 36 | 734 | ||||
| Other undisclosed current liabilities | 72 | 80 | 127 | 164 | 78 | |||
| Total current liabilities: | 496 | 1,098 | 3,473 | 3,677 | 3,883 | 3,025 | ||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 217 | 339 | ||||||
| Long-term debt, excluding current maturities | 217 | 267 | ||||||
| Operating lease, liability | 72 | ✕ | ✕ | ✕ | ✕ | |||
| Liabilities, other than long-term debt | 2,522 | 2,522 | ||||||
| Due to related parties | 2,522 | 2,522 | ||||||
| Other undisclosed noncurrent liabilities | 270 | 1,250 | 1,250 | |||||
| Total noncurrent liabilities: | 2,738 | 3,131 | 1,250 | 1,250 | ||||
| Other undisclosed liabilities | 337 | |||||||
| Total liabilities: | 3,234 | 4,229 | 3,810 | 3,677 | 5,133 | 4,275 | ||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent, including: | (1,396) | (3,337) | 780 | 5,342 | 4,144 | 4,196 | ||
| Common stock | 274 | 242 | 98 | 72 | 41 | 40 | ||
| Common stock, share subscribed but unissued, subscriptions receivable | (75) | (5) | (10) | |||||
| Common stock, value, subscriptions | 10 | |||||||
| Additional paid in capital | 47,151 | 43,104 | 36,768 | 31,168 | 21,161 | 16,374 | ||
| Accumulated deficit | (48,821) | (6,682) | (36,085) | (25,823) | (17,053) | (12,208) | ||
| Other undisclosed stockholders' equity attributable to parent | (40,000) | (10) | ||||||
| Stockholders' equity attributable to noncontrolling interest | (452) | (139) | ||||||
| Total stockholders' equity: | (1,396) | (3,337) | 780 | 5,342 | 3,692 | 4,058 | ||
| TOTAL LIABILITIES AND EQUITY: | 1,838 | 893 | 4,590 | 9,019 | 8,825 | 8,333 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 134 | ||||||
| Gross profit: | 134 | ||||||
| Operating expenses | (2,172) | (1,991) | (5,048) | (4,300) | (5,331) | (7,677) | |
| Operating loss: | (2,172) | (1,991) | (4,914) | (4,300) | (5,331) | (7,677) | |
| Nonoperating income (expense) | 33 | (190) | (4,659) | (6,751) | (219) | ||
| Investment income, nonoperating | (1,164) | ||||||
| Other nonoperating expense | (5,346) | (5,178) | (219) | ||||
| Interest and debt expense | (7) | (12) | (676) | 529 | (186) | 11 | |
| Loss from continuing operations before equity method investments, income taxes: | (2,146) | (2,193) | (10,248) | (10,522) | (5,517) | (7,885) | |
| Income from equity method investments | 208 | ||||||
| Loss from continuing operations before income taxes: | (2,146) | (2,193) | (10,248) | (10,522) | (5,517) | (7,677) | |
| Income tax benefit | 4,105 | 3,508 | 1,938 | 3,920 | |||
| Other undisclosed income from continuing operations | 7 | 12 | |||||
| Loss from continuing operations: | (2,139) | (2,181) | (6,143) | (7,014) | (3,579) | (3,758) | |
| Income (loss) from discontinued operations | (2) | 1,160 | (1,903) | ||||
| Loss before gain (loss) on sale of properties: | (2,139) | (2,181) | (6,146) | (5,854) | (3,579) | (5,660) | |
| Other undisclosed net loss | (4,117) | (2,916) | (1,266) | (4,277) | |||
| Net loss: | (2,139) | (2,181) | (10,262) | (8,770) | (4,844) | (9,938) | |
| Net income (loss) attributable to noncontrolling interest | (452) | 314 | (139) | ||||
| Other undisclosed net income (loss) attributable to parent | 905 | (627) | 277 | ||||
| Net loss available to common stockholders, diluted: | (2,139) | (2,181) | (10,262) | (8,317) | (5,158) | (9,799) | |
Comprehensive Income ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|
| Net loss: | (2,139) | (2,181) | (10,262) | (8,770) | (4,844) | (9,938) | |
| Comprehensive loss: | (2,139) | (2,181) | (10,262) | (8,770) | (4,844) | (9,938) | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (452) | 314 | (139) | ||||
| Comprehensive loss, net of tax, attributable to parent: | (2,139) | (2,181) | (10,262) | (9,222) | (4,531) | (10,076) | |
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.