Balance Labs, Inc. (BLNC) financial statements (2020 and earlier)

Company profile

Business Address 1111 LINCOLN ROAD
MIAMI, FL 33139
State of Incorp. DE
Fiscal Year End December 31
SIC 8742 - Management Consulting Services (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments42771619
Cash and cash equivalents42771619
Receivables 33 8921
Prepaid expense292929363
Other undisclosed current assets   (892)(1)
Total current assets:3390375222
Noncurrent Assets
Property, plant and equipment2359 
Long-term investments and receivables15    
Due from related parties15    
Intangible assets, net (including goodwill)33   
Intangible assets, net (excluding goodwill)33   
Other undisclosed noncurrent assets191220808941
Total noncurrent assets:210225859031
TOTAL ASSETS:24331512195523
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 4332479537
Accounts payable    37
Interest and dividends payable   38 
Other undisclosed accounts payable and accrued liabilities 43324758 
Debt 1005254007
Deferred compensation liability    174
Due to related parties 694313122
Other undisclosed current liabilities2,504 56133326
Total current liabilities:2,5041,2271,646829265
Noncurrent Liabilities
Other undisclosed noncurrent liabilities500    
Total noncurrent liabilities:500    
Other undisclosed liabilities 1,201   
Total liabilities:3,0042,4281,646829265
Stockholders' equity
Stockholders' equity attributable to parent(2,718)(2,072)(1,525)126(242)
Common stock22222
Additional paid in capital741741741741130
Accumulated other comprehensive income  80892 
Accumulated deficit(3,461)(2,815)(2,348)(1,509)(374)
Stockholders' equity attributable to noncontrolling interest(43)(41)   
Total stockholders' equity:(2,761)(2,113)(1,525)126(242)
TOTAL LIABILITIES AND EQUITY:24331512195523

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues1071 39
Cost of revenue
(Cost of Goods and Services Sold)
  (30)(15) 
Other undisclosed gross profit18    
Gross profit:287(30)(15)39
Operating expenses(593)(610)(535)(670)(402)
Other undisclosed operating income (loss)(18) 301,355 
Operating income (loss):(583)(603)(535)670(363)
Nonoperating income (expense)(270)10 125 
Debt instrument, convertible, beneficial conversion feature   125 
Interest and debt expense(155)(130)  2
Income (loss) from continuing operations before equity method investments, income taxes:(1,009)(723)(535)795(361)
Other undisclosed loss from continuing operations before income taxes    (5)
Income (loss) before gain (loss) on sale of properties:(1,009)(723)(535)795(366)
Other undisclosed net income (loss)155130(304)  
Net income (loss):(854)(593)(839)795(366)
Net income (loss) attributable to noncontrolling interest(49)(45)1  
Other undisclosed net income (loss) attributable to parent9291 (1,930) 
Net loss available to common stockholders, diluted:(811)(548)(839)(1,135)(366)

Comprehensive Income ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):(854)(593)(839)795(366)
Other comprehensive loss(30)    
Comprehensive income (loss):(883)(593)(839)795(366)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(49)(45)1  
Other undisclosed comprehensive income (loss), net of tax, attributable to parent9191(812)(1,038) 
Comprehensive loss, net of tax, attributable to parent:(842)(548)(1,651)(243)(366)

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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