Creative Learning Corp. (CLCN) financial statements (2020 and earlier)
Company profile
| Business Address |
701 MARKET STREET ST AUGUSTINE, FL 32095 |
| State of Incorp. | DE |
| Fiscal Year End | September 30 |
| SIC | 82 - Educational Services (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 6/30/2019 TTM | 9/30/2018 | 9/30/2017 | 9/30/2016 | 9/30/2015 | 9/30/2014 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 264 | 81 | 214 | 277 | 2,451 | 6,123 | ||
| Cash and cash equivalents | 264 | 81 | 214 | 277 | 2,451 | 6,123 | ||
| Restricted cash and investments | 24 | 23 | 118 | 162 | 249 | |||
| Receivables | 388 | 207 | 360 | 257 | 505 | 303 | ||
| Prepaid expense | 0 | 30 | 73 | 120 | 11 | 8 | ||
| Disposal group, including discontinued operation | 57 | |||||||
| Assets held-for-sale, not part of disposal group | 43 | ✕ | ||||||
| Income taxes receivable | ✕ | ✕ | ✕ | ✕ | ✕ | 116 | ||
| Deferred tax assets | ✕ | (6) | ||||||
| Other undisclosed current assets | 275 | 425 | 334 | (2,701) | ||||
| Total current assets: | 952 | 383 | 765 | 1,241 | 3,606 | 3,843 | ||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 394 | 358 | 260 | 299 | 284 | 323 | ||
| Long-term investments and receivables | 3 | 59 | 60 | 87 | ||||
| Accounts and financing receivable, after allowance for credit loss | 3 | 59 | 60 | 87 | ||||
| Intangible assets, net (including goodwill), including: | 23 | 101 | 101 | 126 | ||||
| Intangible assets, net (excluding goodwill) | 23 | 101 | 101 | |||||
| Other undisclosed intangible assets, net (including goodwill) | 126 | |||||||
| Deposits noncurrent assets | 1 | 1 | 15 | 1 | 11 | 11 | ||
| Deferred tax assets, net | ✕ | 343 | 3 | 22 | ||||
| Other undisclosed noncurrent assets | 1,352 | 116 | ||||||
| Total noncurrent assets: | 1,748 | 362 | 358 | 805 | 485 | 598 | ||
| TOTAL ASSETS: | 2,700 | 745 | 1,123 | 2,046 | 4,092 | 4,441 | ||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 109 | 176 | 302 | 682 | 832 | 535 | ||
| Accounts payable | 93 | 161 | 148 | 172 | 119 | 535 | ||
| Accrued liabilities | 16 | 15 | 136 | 494 | 677 | |||
| Employee-related liabilities | 18 | 16 | 36 | |||||
| Deferred revenue | 1,011 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Debt | 2 | |||||||
| Due to related parties | 0 | |||||||
| Deferred revenue and credits | ✕ | ✕ | 0 | 36 | ||||
| Deferred tax liabilities | ✕ | 6 | ||||||
| Customer advances and deposits | ✕ | ✕ | 5 | 20 | ||||
| Other undisclosed current liabilities | 65 | 97 | 132 | 9 | 536 | |||
| Total current liabilities: | 1,186 | 273 | 434 | 687 | 898 | 1,079 | ||
| Noncurrent Liabilities | ||||||||
| Liabilities, other than long-term debt | 3,832 | 22 | ||||||
| Deferred revenue | 3,832 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Deferred tax liabilities, net | ✕ | 22 | ||||||
| Total noncurrent liabilities: | 3,832 | 22 | ||||||
| Total liabilities: | 5,017 | 273 | 434 | 687 | 898 | 1,101 | ||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent | (2,317) | 472 | 689 | 1,359 | 3,194 | 3,340 | ||
| Common stock | 1 | 1 | 1 | 1 | 1 | 1 | ||
| Treasury stock, value | (35) | (35) | (35) | (35) | (18) | |||
| Additional paid in capital | 2,897 | 2,897 | 2,895 | 2,535 | 2,535 | 2,264 | ||
| Retained earnings (accumulated deficit) | (5,181) | (2,392) | (2,173) | (1,142) | 676 | 1,075 | ||
| Total stockholders' equity: | (2,317) | 472 | 689 | 1,359 | 3,194 | 3,340 | ||
| TOTAL LIABILITIES AND EQUITY: | 2,700 | 745 | 1,123 | 2,046 | 4,092 | 4,441 | ||
Income statement (P&L) ($ in thousands)
| 6/30/2019 TTM | 9/30/2018 | 9/30/2017 | 9/30/2016 | 9/30/2015 | 9/30/2014 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 4,602 | 2,417 | 2,456 | 3,238 | 5,710 | 7,711 | |
| Revenue, net | ✕ | ✕ | 2,456 | 2,307 | 2,850 | 1,846 | |
| Cost of revenue | (7) | (1,536) | |||||
| Cost of goods and services sold | (1,536) | ||||||
| Other undisclosed gross profit | (7) | ||||||
| Gross profit: | 4,595 | 2,410 | 2,456 | 3,238 | 5,710 | 6,175 | |
| Operating expenses | (3,274) | (2,625) | (3,148) | (5,507) | (6,079) | (6,317) | |
| Other undisclosed operating income | 1,536 | ||||||
| Operating income (loss): | 1,321 | (215) | (692) | (2,269) | (370) | 1,394 | |
| Nonoperating income (expense) | 37 | (4) | 26 | (100) | (72) | (83) | |
| Other nonoperating income (expense) | 37 | (4) | 26 | 23 | 7 | 62 | |
| Interest and debt expense | (0) | ||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 1,359 | (219) | (666) | (2,369) | (441) | 1,310 | |
| Other undisclosed income from continuing operations before income taxes | 0 | ||||||
| Income (loss) from continuing operations before income taxes: | 1,359 | (219) | (666) | (2,369) | (441) | 1,310 | |
| Income tax expense (benefit) | 128 | 109 | (365) | (511) | |||
| Income (loss) from continuing operations: | 1,487 | (110) | (1,031) | (2,369) | (441) | 799 | |
| Loss from discontinued operations | (12) | (208) | |||||
| Income (loss) before gain (loss) on sale of properties: | 1,487 | (110) | (1,031) | (2,381) | (649) | 799 | |
| Other undisclosed net income | 329 | 329 | |||||
| Net income (loss): | 1,816 | 219 | (1,031) | (2,381) | (649) | 799 | |
| Other undisclosed net income (loss) attributable to parent | (438) | (438) | 563 | 192 | |||
| Net income (loss) available to common stockholders, diluted: | 1,378 | (219) | (1,031) | (1,818) | (457) | 799 | |
Comprehensive Income ($ in thousands)
| 6/30/2019 TTM | 9/30/2018 | 9/30/2017 | 9/30/2016 | 9/30/2015 | 9/30/2014 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | 1,816 | 219 | (1,031) | (2,381) | (649) | 799 | |
| Comprehensive income (loss), net of tax, attributable to parent: | 1,816 | 219 | (1,031) | (2,381) | (649) | 799 | |
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.