Capital Financial Holdings, Inc (CPFH) financial statements (2023 and earlier)
Company profile
| Business Address |
1821 BURDICK EXPRESSWAY W MINOT, ND 58701 |
| State of Incorp. | ND |
| Fiscal Year End | December 31 |
| SIC | 6211 - Security Brokers, Dealers, and Flotation Companies (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,833 | 1,795 | 935 | 1,038 | 1,333 | 1,665 | 1,267 | ||
| Cash and cash equivalents | 1,833 | 1,795 | 935 | 1,038 | 1,333 | 1,665 | 1,222 | ||
| Short-term investments | 45 | ||||||||
| Receivables | 1,801 | 1,825 | 1,933 | 1,766 | 2,183 | 1,734 | 1,308 | ||
| Prepaid expense | 31 | 55 | 62 | 116 | 77 | 78 | ✕ | ||
| Disposal group, including discontinued operation | 6 | ||||||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 38 | ||
| Other undisclosed current assets | (0) | 38 | (36) | ||||||
| Total current assets: | 3,664 | 3,675 | 2,936 | 2,958 | 3,593 | 3,477 | 2,577 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 1,207 | 1,272 | 1,168 | 412 | 150 | 87 | 49 | ||
| Long-term investments and receivables | 500 | 500 | |||||||
| Accounts and financing receivable, after allowance for credit loss | 500 | 500 | |||||||
| Intangible assets, net (including goodwill) | 2,132 | 2,132 | |||||||
| Goodwill | 2,132 | 2,132 | |||||||
| Other noncurrent assets | 270 | 188 | ✕ | ||||||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 3,151 | ||
| Other undisclosed noncurrent assets | 851 | 680 | 804 | 939 | (2,132) | ||||
| Total noncurrent assets: | 1,478 | 1,460 | 2,019 | 1,592 | 1,454 | 3,158 | 3,200 | ||
| TOTAL ASSETS: | 5,142 | 5,135 | 4,955 | 4,551 | 5,047 | 6,635 | 5,777 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 2,349 | 2,537 | 2,331 | 1,930 | 2,272 | 340 | 172 | ||
| Accounts payable | 303 | 497 | 293 | 156 | 368 | 340 | 172 | ||
| Accrued liabilities | 2,046 | 2,029 | 2,028 | 1,712 | 1,904 | ||||
| Taxes payable | 11 | 10 | 62 | ||||||
| Debt | 200 | 401 | 126 | ||||||
| Estimated litigation liability | 22 | ||||||||
| Disposal group, including discontinued operation | 7 | ||||||||
| Other liabilities | 2 | 13 | 24 | 17 | 48 | 99 | |||
| Other undisclosed current liabilities | 0 | 1,660 | 1,301 | ||||||
| Total current liabilities: | 2,349 | 2,539 | 2,352 | 1,954 | 2,489 | 2,472 | 1,699 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 641 | 50 | 193 | ||||||
| Long-term debt, excluding current maturities | 641 | 50 | 193 | ||||||
| Liabilities, other than long-term debt | 3 | ||||||||
| Disposal group, including discontinued operation, liabilities | 3 | ||||||||
| Other undisclosed noncurrent liabilities | 555 | 672 | 475 | 3 | (126) | ||||
| Total noncurrent liabilities: | 1,196 | 672 | 478 | 53 | 67 | ||||
| Total liabilities: | 3,545 | 3,211 | 2,829 | 2,007 | 2,489 | 2,472 | 1,766 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 1,597 | 1,924 | 2,126 | 2,543 | 2,559 | 4,163 | 4,011 | ||
| Preferred stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Common stock | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
| Treasury stock, value | (1,300) | (1,300) | (1,300) | (1,300) | (1,300) | (1,300) | (1,300) | ||
| Additional paid in capital | 11,746 | 11,746 | 11,746 | 11,746 | 11,746 | 11,746 | 11,971 | ||
| Accumulated deficit | (8,851) | (8,524) | (8,322) | (7,904) | (7,889) | (6,285) | (6,662) | ||
| Other undisclosed stockholders' equity | (0) | ||||||||
| Total stockholders' equity: | 1,597 | 1,924 | 2,126 | 2,543 | 2,559 | 4,163 | 4,011 | ||
| TOTAL LIABILITIES AND EQUITY: | 5,142 | 5,135 | 4,955 | 4,551 | 5,047 | 6,635 | 5,777 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 15,071 | 15,569 | 17,558 | 19,322 | 21,245 | 21,422 | 18,282 | |
| Brokerage commissions revenue | 12,765 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | |
| Financial services revenue | ✕ | 15,099 | 17,173 | 18,901 | 20,655 | |||
| Gross profit: | 15,071 | 15,569 | 17,558 | 19,322 | 21,245 | 21,422 | 18,282 | |
| Operating expenses | (15,364) | (15,572) | (17,877) | (19,151) | (23,414) | (20,745) | (18,311) | |
| Other operating expense, net (Other Expenses) | (33) | |||||||
| Other undisclosed operating income | 33 | |||||||
| Operating income (loss): | (292) | (2) | (319) | 171 | (2,169) | 677 | (29) | |
| Nonoperating income (expense) | (32) | (29) | (3) | 79 | 884 | (38) | ||
| Other nonoperating income (expense) | (32) | (29) | (3) | 79 | 853 | (38) | ||
| Interest and debt expense | (33) | (29) | (3) | (4) | (14) | (5) | 33 | |
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 33 | 29 | 3 | 4 | (17) | 5 | (65) | |
| Income (loss) from continuing operations before income taxes: | (324) | (31) | (321) | 250 | (1,316) | 639 | (62) | |
| Income tax expense (benefit) | 29 | (86) | 62 | (203) | (226) | (262) | (74) | |
| Income (loss) from continuing operations: | (295) | (117) | (260) | 47 | (1,542) | 377 | (136) | |
| Loss from discontinued operations | (22) | (158) | ||||||
| Net income (loss) attributable to parent: | (295) | (140) | (418) | 47 | (1,542) | 377 | (136) | |
| Other undisclosed net income available to common stockholders, basic | 22 | 158 | ||||||
| Net income (loss) available to common stockholders, diluted: | (295) | (117) | (260) | 47 | (1,542) | 377 | (136) | |
Comprehensive Income ($ in thousands)
| 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (295) | (140) | (418) | 47 | (1,542) | 377 | (136) | |
| Comprehensive income (loss), net of tax, attributable to parent: | (295) | (140) | (418) | 47 | (1,542) | 377 | (136) | |
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.