Confederate Motors Inc (CFED) financial statements (2020 and earlier)

Company profile

Business Address 3029 2ND AVENUE SOUTH
BIRMINGHAM, AL 35233
State of Incorp. DE
Fiscal Year End December 31
SIC 3751 - Motorcycles, Bicycles, and Parts (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments923129
Cash and cash equivalents923129
Receivables 1063
Inventory, net of allowances, customer advances and progress billings647375346
Inventory647375346
Prepaid expense55
Prepaid expense and other current assets201
Other undisclosed current assets2044311
Total current assets:948436749
Noncurrent Assets
Property, plant and equipment38274
Deferred costs (30)(50)
Other undisclosed noncurrent assets 3050
Total noncurrent assets:38274
TOTAL ASSETS:986464753
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities487499499
Accounts payable24194201
Accrued liabilities 275201
Employee-related liabilities789667
Interest and dividends payable888
Accounts payable and other accrued liabilities2722
Settlement liabilities160
Debt38 21
Due to related parties38  
Deferred revenue and credits652792818
Other undisclosed current liabilities484445559
Total current liabilities:1,6981,7371,897
Noncurrent Liabilities
Total liabilities:1,6981,7371,897
Stockholders' equity
Stockholders' equity attributable to parent, including:(712)(1,273)(1,144)
Common stock261413
Treasury stock, value(314)(314)(314)
Common stock, share subscribed but unissued, subscriptions receivable(113)(113) 
Common stock, value, subscriptions525
Additional paid in capital11,7879,8539,803
Accumulated deficit(12,623)(11,312)(10,646)
Other undisclosed stockholders' equity attributable to parent 600 
Total stockholders' equity:(712)(1,273)(1,144)
Other undisclosed liabilities and equity 0 
TOTAL LIABILITIES AND EQUITY:986464753

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

12/31/2014
12/31/2013
12/31/2012
Revenues
(Revenue, Net)
2,3091,3962,561
Cost of revenue
(Cost of Goods and Services Sold)
(1,507)(940)(1,820)
Other undisclosed gross profit  42
Gross profit:802455783
Operating expenses(2,107)(1,161)(1,490)
Operating loss:(1,305)(706)(706)
Nonoperating income (expense)(6)40197
Other nonoperating income11714160
Interest and debt expense04(3)
Net loss:(1,310)(662)(513)
Other undisclosed net income (loss) attributable to parent(0)(4)3
Net loss available to common stockholders, diluted:(1,311)(666)(510)

Comprehensive Income ($ in thousands)

12/31/2014
12/31/2013
12/31/2012
Net loss:(1,310)(662)(513)
Comprehensive loss, net of tax, attributable to parent:(1,310)(662)(513)

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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