Baltia Air Lines Inc (BLTA) financial statements (2022 and earlier)

Company profile

Business Address TERMINAL 4 - JFK INTERNATIONAL AIRPORT
JAMAICA, NY 11430
State of Incorp. NY
Fiscal Year End December 31
SIC 4512 - Air Transportation, Scheduled (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 1861212
Cash and cash equivalents 1861212
Restricted cash and investments1319  
Receivables52   
Other current assets 25 
Other undisclosed current assets1,613(319)  
Total current assets:1,6662111212
Noncurrent Assets
Property, plant and equipment402,3161,7941,807
Other undisclosed noncurrent assets1319317(1,490)
Total noncurrent assets:412,6352,112317
Other undisclosed assets   1,807
TOTAL ASSETS:1,7072,8452,1232,137
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:2,4152,572621588
Accounts payable   588
Accrued liabilities536515  
Employee-related liabilities139   
Other undisclosed accounts payable and accrued liabilities1,7402,057621 
Debt 50  
Other undisclosed current liabilities1,514515319216
Total current liabilities:3,9293,137940803
Noncurrent Liabilities
Long-term debt and lease obligation1,1501,1501,1501,187
Long-term debt, excluding current maturities1,1501,1501,1501,187
Liabilities, other than long-term debt 336  
Accounts payable and accrued liabilities 336  
Other undisclosed noncurrent liabilities  336 
Total noncurrent liabilities:1,1501,4861,4861,187
Total liabilities:5,0794,6232,4261,990
Stockholders' equity
Stockholders' equity attributable to parent(3,372)(1,778)(303)147
Preferred stock1111
Common stock756550330232
Additional paid in capital114,754108,21694,50888,187
Accumulated other comprehensive loss   (88,272)
Accumulated deficit(118,882)(110,544)(95,141) 
Total stockholders' equity:(3,372)(1,778)(303)147
TOTAL LIABILITIES AND EQUITY:1,7072,8452,1232,137

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

12/31/2015
12/31/2014
12/31/2013
12/31/2012
Cost of goods and services sold(2,484)(1,400)(815) 
Gross profit:(2,649)(1,527)(13,700) 
Operating expenses(5,690)(13,876)6,835(21,000)
Operating loss:(8,338)(15,403)(6,865)(21,622)
Interest and debt expense(165)(127)(123)(250)
Other undisclosed income from continuing operations before equity method investments, income taxes   8,252
Loss from continuing operations before equity method investments, income taxes:(8,503)(15,530)(6,987)(13,619)
Other undisclosed income from continuing operations before income taxes165   
Loss from continuing operations before income taxes:(8,338)(15,530)(6,987)(13,619)
Income tax expense  (4) 
Loss before gain (loss) on sale of properties:(8,338)(15,530)(6,991)(13,619)
Other undisclosed net income 127  
Net loss:(8,338)(15,403)(6,991)(13,619)
Other undisclosed net income attributable to parent   12,012
Net loss available to common stockholders, diluted:(8,338)(15,403)(6,991)(1,607)

Comprehensive Income ($ in thousands)

12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net loss:(8,338)(15,403)(6,991)(13,619)
Comprehensive loss, net of tax, attributable to parent:(8,338)(15,403)(6,991)(13,619)

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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