Bitzio Inc (BTZO) financial statements (2020 and earlier)

Company profile

Business Address 9625 COZYCROFT AVE.
CHATSWORTH, CA 91311
State of Incorp. NV
Fiscal Year End December 31
SIC 233 - Women's, Misses', And Juniors' Outerwear (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 investments1,9304440
Cash and cash equivalents1,9304440
Receivables47225215
Inventory, net of allowances, customer advances and progress billings635219
Inventory635219  
Deferred costs3,537   
Deposits current assets400   
Prepaid expense and other current assets63
Other undisclosed current assets209561  
Total current assets:7,1848086118
Noncurrent Assets
Property, plant and equipment233  
Intangible assets, net (including goodwill)225589293192
Goodwill   133
Intangible assets, net (excluding goodwill)22558929359
Deposits noncurrent assets70   
Costs in excess of billings9   
Other undisclosed noncurrent assets3,3602775 
Total noncurrent assets:3,687619368192
TOTAL ASSETS:10,8711,427374310
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:4,2921,291652562
Accounts payable1,867   
Accrued liabilities1,454   
Taxes payable151   
Interest and dividends payable821   
Other undisclosed accounts payable and accrued liabilities 1,291652562
Debt665328368249
Derivative instruments and hedges, liabilities11,1863,212827 
Due to related parties847164138377
Other undisclosed current liabilities7,4801,0081,188836
Total current liabilities:24,4696,0023,1722,024
Noncurrent Liabilities
Long-term debt and lease obligation726   
Long-term debt, excluding current maturities726   
Other undisclosed noncurrent liabilities  225 
Total noncurrent liabilities:726 225 
Total liabilities:25,1956,0023,3972,024
Stockholders' equity
Stockholders' equity attributable to parent, including:(9,526)(4,573)(3,023)(1,714)
Preferred stock   2
Common stock7,3212,94917670
Common stock, share subscribed but unissued, subscriptions receivable (120)  
Common stock, value, subscriptions181181
Additional paid in capital12,47319,17119,60318,237
Accumulated deficit(29,503)(27,026)(22,986)(20,276)
Other undisclosed stockholders' equity attributable to parent3272184253
Stockholders' equity attributable to noncontrolling interest(4,798)(2)  
Other undisclosed stockholders' equity0   
Total stockholders' equity:(14,324)(4,575)(3,023)(1,714)
TOTAL LIABILITIES AND EQUITY:10,8711,427374310

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

12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues9,8703956422
Revenue, net5,529   
Financial services revenue643  (585)
Cost of revenue
(Cost of Goods and Services Sold)
(3,503)(219)  
Other undisclosed gross profit 10  
Gross profit:6,3671856422
Operating expenses(8,049)(1,373)(1,002)(9,374)
Operating loss:(1,682)(1,187)(996)(8,952)
Nonoperating income (expense)18,215(2,854)(2,027)(25)
Investment income, nonoperating3,477(2,044)  
Interest and debt expense21,815(834)(1,385)(960)
Income (loss) from continuing operations before equity method investments, income taxes:38,348(4,876)(4,408)(9,938)
Other undisclosed income (loss) from continuing operations before income taxes(21,815)8341,385960
Income (loss) from continuing operations before income taxes:16,533(4,042)(3,023)(8,978)
Income tax expense(146)   
Other undisclosed income from continuing operations   5,519
Net income (loss):16,387(4,042)(3,023)(3,459)
Net income (loss) attributable to noncontrolling interest(3,132)2  
Other undisclosed net income (loss) attributable to parent  313(6,715)
Net income (loss) attributable to parent:13,254(4,040)(2,710)(10,174)
Other undisclosed net loss available to common stockholders, basic(245)   
Net income (loss) available to common stockholders, diluted:13,010(4,040)(2,710)(10,174)

Comprehensive Income ($ in thousands)

12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income (loss):16,387(4,042)(3,023)(3,459)
Comprehensive income (loss):16,387(4,042)(3,023)(3,459)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(3,132)2  
Comprehensive income (loss), net of tax, attributable to parent:13,254(4,040)(3,023)(3,459)

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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