Cardiff Lexington Corp (CDIX) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
3753 HOWARD HUGHES PARKWAY LAS VEGAS, NV 89169 |
| State of Incorp. | FL |
| Fiscal Year End | December 31 |
| Industry (SIC) | 8011 - Offices and Clinics of Doctors of Medicine (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 227 | 596 | 279 | 101 | 118 | 69 | |||
| Cash and cash equivalents | 227 | 596 | 279 | 101 | 118 | 69 | |||
| Receivables | 6,605 | 4,949 | 16 | 118 | 64 | 63 | |||
| Inventory, net of allowances, customer advances and progress billings | 3 | 3 | 47 | ||||||
| Inventory | 3 | 3 | 47 | ||||||
| Other undisclosed current assets | 5 | 5 | 10 | 47 | 12 | ||||
| Total current assets: | 6,837 | 5,550 | 296 | 232 | 232 | 191 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 219 | 284 | 53 | 382 | ✕ | ✕ | |||
| Inventory, real estate | 540 | 540 | 603 | ||||||
| Property, plant and equipment | 55 | 259 | 212 | 273 | 381 | 491 | |||
| Long-term investments and receivables | 5 | 2 | |||||||
| Due from related parties | ✕ | 5 | 2 | ||||||
| Intangible assets, net (including goodwill) | 5,667 | 4,484 | 3,754 | 3,754 | 2,092 | 16 | |||
| Goodwill | 5,667 | 4,484 | 3,500 | 3,500 | 2,092 | ||||
| Intangible assets, net (excluding goodwill) | 254 | 254 | 16 | ||||||
| Other undisclosed noncurrent assets | 36 | 39 | 14 | 656 | 635 | 610 | |||
| Total noncurrent assets: | 6,517 | 5,610 | 4,634 | 5,065 | 3,109 | 1,118 | |||
| TOTAL ASSETS: | 13,353 | 11,160 | 4,930 | 5,297 | 3,341 | 1,309 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 2,039 | 1,393 | 617 | 878 | 1,095 | 765 | |||
| Interest and dividends payable | ✕ | ✕ | 449 | 366 | 312 | ||||
| Taxes payable | ✕ | ✕ | 16 | ||||||
| Employee-related liabilities | ✕ | ✕ | 57 | 28 | 59 | 10 | 2 | ||
| Accounts payable | 342 | 171 | 120 | 237 | 193 | ||||
| Accrued liabilities | 452 | 40 | 159 | 197 | 604 | 292 | |||
| Other undisclosed accounts payable and accrued liabilities | 1,245 | 675 | 311 | 386 | 115 | (51) | |||
| Deferred revenue | 354 | 297 | ✕ | ✕ | |||||
| Debt | 2,493 | 2,536 | 948 | 370 | 942 | 336 | |||
| Derivative instruments and hedges, liabilities | 2,904 | 3,102 | 1,871 | 2,419 | |||||
| Disposal group, including discontinued operation | 471 | 2,692 | 2,342 | ||||||
| Due to related parties | ✕ | 0 | 2,361 | 1,743 | 885 | 671 | |||
| Other undisclosed current liabilities | 5,442 | 3,714 | 3,528 | 1,580 | 2,356 | 710 | |||
| Total current liabilities: | 9,974 | 8,114 | 13,403 | 10,313 | 7,147 | 4,900 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 140 | 265 | 942 | 336 | |||||
| Long-term debt, excluding current maturities | 140 | 143 | 942 | 336 | |||||
| Liabilities, other than long-term debt | 85 | ||||||||
| Operating lease, liability | 85 | 122 | ✕ | ✕ | |||||
| Other undisclosed noncurrent liabilities | (122) | 400 | 895 | 98 | (336) | ||||
| Total noncurrent liabilities: | 225 | 265 | 400 | 895 | 1,040 | ||||
| Total liabilities: | 10,198 | 8,379 | 13,802 | 11,208 | 8,187 | 4,900 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (1,470) | 2,781 | (8,872) | (5,910) | (4,846) | (3,591) | |||
| Preferred stock | 9 | ||||||||
| Common stock | 790 | 167 | 5 | 677 | 1 | 66 | |||
| Treasury stock, value | (4,968) | (2,366) | |||||||
| Additional paid in capital | (8,554) | (3,826) | 46,111 | 42,794 | 50,220 | 46,796 | |||
| Accumulated deficit | (70,855) | (66,195) | (65,583) | (61,742) | (55,379) | (50,462) | |||
| Warrants and rights outstanding | 0 | 4 | 6 | ||||||
| Other undisclosed equity, attributable to parent | 77,150 | 77,602 | 12,956 | 12,355 | 312 | ||||
| Other undisclosed equity | 4,625 | 0 | |||||||
| Total equity: | 3,155 | 2,781 | (8,872) | (5,910) | (4,846) | (3,591) | |||
| TOTAL LIABILITIES AND EQUITY: | 13,353 | 11,160 | 4,930 | 5,297 | 3,341 | 1,309 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 11,998 | 10,009 | 3,453 | 4,541 | 2,374 | 1,745 | ||
| Cost of revenue | (4,457) | (3,848) | (1,668) | (2,297) | (1,628) | (1,356) | ||
| Cost of goods and services sold | (1,356) | |||||||
| Gross profit: | 7,541 | 6,160 | 1,785 | 2,244 | 746 | 388 | ||
| Operating expenses | (5,849) | (4,534) | (3,589) | (3,560) | (5,050) | (3,230) | ||
| Operating income (loss): | 1,692 | 1,626 | (1,804) | (1,316) | (4,304) | (2,842) | ||
| Nonoperating expense | (7,162) | (3,055) | (1,115) | (4,757) | (1,961) | (2,158) | ||
| Interest and debt expense | 1,397 | (2,983) | (144) | (489) | (360) | (46) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (4,073) | (4,412) | (3,063) | (6,562) | (6,626) | (5,046) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (1,397) | 2,983 | ||||||
| Income (loss) from continuing operations before income taxes: | (5,470) | (1,429) | (3,063) | (6,562) | (6,626) | (5,046) | ||
| Other undisclosed income from continuing operations | 144 | 489 | ||||||
| Income (loss) from continuing operations: | (5,470) | (1,429) | (2,920) | (6,073) | (6,626) | (5,046) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | (410) | (2,837) | (6,364) | (6,626) | (5,046) | |
| Income (loss) from discontinued operations | 41 | 1,019 | 83 | (291) | ||||
| Net income (loss): | (5,430) | (410) | (2,837) | (6,364) | (6,626) | (5,046) | ||
| Other undisclosed net income attributable to parent | 360 | 46 | ||||||
| Net income (loss) attributable to parent: | (5,430) | (410) | (2,837) | (6,364) | (6,265) | (5,000) | ||
| Preferred stock dividends and other adjustments | ||||||||
| Net income (loss) available to common stockholders, diluted: | (5,430) | (410) | (2,837) | (6,364) | (6,265) | (5,000) | ||
Comprehensive Income ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (5,430) | (410) | (2,837) | (6,364) | (6,626) | (5,046) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (5,430) | (410) | (2,837) | (6,364) | (6,626) | (5,046) | ||
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.