Bitzio Inc (BTZO) financial statements (2022 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 investments | 1,930 | 4 | 4 | 40 | ||
| Cash and cash equivalents | 1,930 | 4 | 4 | 40 | ||
| Receivables | 472 | 25 | 2 | 15 | ||
| Inventory, net of allowances, customer advances and progress billings | 635 | 219 | ✕ | ✕ | ||
| Inventory | 635 | 219 | ||||
| Deferred costs | 3,537 | |||||
| Deposits current assets | 400 | |||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | 63 | ||
| Other undisclosed current assets | 209 | 561 | ||||
| Total current assets: | 7,184 | 808 | 6 | 118 | ||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 23 | 3 | ||||
| Intangible assets, net (including goodwill) | 225 | 589 | 293 | 192 | ||
| Goodwill | 133 | |||||
| Intangible assets, net (excluding goodwill) | 225 | 589 | 293 | 59 | ||
| Deposits noncurrent assets | 70 | |||||
| Costs in excess of billings | 9 | |||||
| Other undisclosed noncurrent assets | 3,360 | 27 | 75 | |||
| Total noncurrent assets: | 3,687 | 619 | 368 | 192 | ||
| TOTAL ASSETS: | 10,871 | 1,427 | 374 | 310 | ||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities, including: | 4,292 | 1,291 | 652 | 562 | ||
| Accounts payable | 1,867 | |||||
| Accrued liabilities | 1,454 | |||||
| Taxes payable | 151 | |||||
| Interest and dividends payable | 821 | |||||
| Other undisclosed accounts payable and accrued liabilities | 1,291 | 652 | 562 | |||
| Debt | 665 | 328 | 368 | 249 | ||
| Derivative instruments and hedges, liabilities | 11,186 | 3,212 | 827 | |||
| Due to related parties | 847 | 164 | 138 | 377 | ||
| Other undisclosed current liabilities | 7,480 | 1,008 | 1,188 | 836 | ||
| Total current liabilities: | 24,469 | 6,002 | 3,172 | 2,024 | ||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 726 | |||||
| Long-term debt, excluding current maturities | 726 | |||||
| Other undisclosed noncurrent liabilities | 225 | |||||
| Total noncurrent liabilities: | 726 | 225 | ||||
| Total liabilities: | 25,195 | 6,002 | 3,397 | 2,024 | ||
| Stockholders' equity | ||||||
| Stockholders' equity attributable to parent, including: | (9,526) | (4,573) | (3,023) | (1,714) | ||
| Preferred stock | 2 | |||||
| Common stock | 7,321 | 2,949 | 176 | 70 | ||
| Common stock, share subscribed but unissued, subscriptions receivable | (120) | |||||
| Common stock, value, subscriptions | 181 | 181 | ✕ | ✕ | ||
| Additional paid in capital | 12,473 | 19,171 | 19,603 | 18,237 | ||
| Accumulated deficit | (29,503) | (27,026) | (22,986) | (20,276) | ||
| Other undisclosed stockholders' equity attributable to parent | 3 | 272 | 184 | 253 | ||
| Stockholders' equity attributable to noncontrolling interest | (4,798) | (2) | ||||
| Other undisclosed stockholders' equity | 0 | |||||
| Total stockholders' equity: | (14,324) | (4,575) | (3,023) | (1,714) | ||
| TOTAL LIABILITIES AND EQUITY: | 10,871 | 1,427 | 374 | 310 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Revenues | 9,870 | 395 | 6 | 422 | |
| Revenue, net | 5,529 | ||||
| Financial services revenue | 643 | (585) | |||
| Cost of revenue (Cost of Goods and Services Sold) | (3,503) | (219) | |||
| Other undisclosed gross profit | 10 | ||||
| Gross profit: | 6,367 | 185 | 6 | 422 | |
| 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, nonoperating | 3,477 | (2,044) | |||
| Interest and debt expense | 21,815 | (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) | 834 | 1,385 | 960 | |
| 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.