Bravo Multinational Inc. (BRVO) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
2020 GENERAL BOOTH BLVD UNIT 230 VIRGINIA BEACH, VA 23454 |
| State of Incorp. | WY |
| Fiscal Year End | December 31 |
| Industry (SIC) | 799 - Miscellaneous Amusement And Recreation (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 0 | 0 | 6 | 6 | 0 | 0 | |||
| Cash and cash equivalents | 0 | 0 | 6 | 6 | 0 | 0 | |||
| Receivables | (45) | (3) | (3) | (3) | (3) | ||||
| Inventory, net of allowances, customer advances and progress billings | 198 | ||||||||
| Inventory | 198 | ||||||||
| Prepaid expense | 0 | 10 | 10 | 5 | |||||
| Other undisclosed current assets | 45 | 3 | 3 | 3 | 3 | ||||
| Total current assets: | 0 | 0 | 6 | 16 | 10 | 0 | 203 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 0 | 0 | 1 | ||||||
| Total noncurrent assets: | 0 | 0 | 1 | ||||||
| TOTAL ASSETS: | 0 | 0 | 6 | 16 | 10 | 0 | 204 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,537 | 1,062 | 587 | 1,874 | 1,844 | 400 | 601 | ||
| Interest and dividends payable | ✕ | 41 | |||||||
| Employee-related liabilities | ✕ | 1,062 | 587 | 266 | 266 | 400 | 560 | ||
| Accounts payable | 1,608 | 1,578 | |||||||
| Accrued liabilities | 1,537 | ||||||||
| Debt | 9 | 14 | 14 | 139 | 213 | ||||
| Due to related parties | 194 | 141 | 93 | 80 | 80 | 65 | 669 | ||
| Customer advances and deposits | ✕ | ✕ | ✕ | ✕ | ✕ | 36 | |||
| Other undisclosed current liabilities | 146 | 1,096 | |||||||
| Total current liabilities: | 1,731 | 1,203 | 690 | 1,969 | 2,084 | 1,699 | 1,520 | ||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 481 | ||||||||
| Due to related parties | 481 | ||||||||
| Total noncurrent liabilities: | 481 | ||||||||
| Other undisclosed liabilities | 37 | 37 | 136 | 135 | 1,391 | ||||
| Total liabilities: | 1,768 | 1,240 | 826 | 2,104 | 2,084 | 2,180 | 2,910 | ||
| Equity | |||||||||
| Equity, attributable to parent | (1,767) | (1,240) | (819) | (2,087) | (2,074) | (2,180) | (2,706) | ||
| Preferred stock | 1 | ||||||||
| Common stock | 5 | 5 | 5 | 1 | 1 | 0 | 0 | ||
| Additional paid in capital | 89,168 | 89,168 | 89,168 | 27,430 | 27,264 | 25,758 | 23,467 | ||
| Accumulated deficit | (90,941) | (90,413) | (89,993) | (29,519) | (29,339) | (27,938) | (26,173) | ||
| Total equity: | (1,767) | (1,240) | (819) | (2,087) | (2,074) | (2,180) | (2,706) | ||
| TOTAL LIABILITIES AND EQUITY: | 0 | 0 | 6 | 16 | 10 | 0 | 204 | ||
Income Statement (P&L) ($ in thousands)
| 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,816 | 742 | ||||||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 742 | ||
| Cost of revenue | (1,356) | (477) | ||||||
| Cost of goods and services sold | (434) | (477) | ||||||
| Gross profit: | 460 | 265 | ||||||
| Operating expenses | (528) | (528) | (60,522) | (178) | (436) | (1,905) | (2,147) | |
| Operating loss: | (528) | (528) | (60,522) | (178) | (436) | (1,445) | (1,882) | |
| Nonoperating income (expense) | 108 | 49 | (2) | (965) | (320) | (302) | ||
| Gain on contract termination | 50 | |||||||
| Debt instrument, convertible, beneficial conversion feature | 812 | |||||||
| Interest and debt expense | 12 | 40 | (2) | 1 | (139) | (57) | ||
| Loss from continuing operations: | (528) | (409) | (60,434) | (182) | (1,400) | (1,904) | (2,242) | |
| Loss before gain (loss) on sale of properties: | ✕ | (409) | (60,434) | (182) | (1,400) | (1,904) | (2,242) | |
| Other undisclosed net income (loss) | (12) | (40) | 2 | (1) | 139 | |||
| Net loss: | (528) | (420) | (60,474) | (180) | (1,400) | (1,765) | (2,242) | |
| Other undisclosed net income attributable to parent | 57 | |||||||
| Net loss available to common stockholders, diluted: | (528) | (420) | (60,474) | (180) | (1,400) | (1,765) | (2,184) | |
Comprehensive Income ($ in thousands)
| 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (528) | (420) | (60,474) | (180) | (1,400) | (1,765) | (2,242) | |
| Comprehensive loss, net of tax, attributable to parent: | (528) | (420) | (60,474) | (180) | (1,400) | (1,765) | (2,242) | |
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.