Cavitation Technologies, Inc. (CVAT) financial statements (2022 and earlier)

Company profile

Business Address 10019 CANOGA AVENUE
CHATSWORTH,, CA 91311
State of Incorp.
Fiscal Year End June 30
SIC 07 - Agricultural Services (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2021
TTM
6/30/2021
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,1001,363759649945549657
Cash and cash equivalents1,1001,363759649945549657
Receivables86104240   
Inventory, net of allowances, customer advances and progress billings 25475734143154
Inventory 25475734143154
Advance royalties      436
Other undisclosed current assets      (436)
Total current assets:1,1081,394910946979692811
Noncurrent Assets
Operating lease, right-of-use asset213245308
Property, plant and equipment182182766590141123
Long-term investments and receivables1,179      
Long-term investments1,179      
Intangible assets, net (including goodwill)     316
Intangible assets, net (excluding goodwill)     316
Other undisclosed noncurrent assets10101010101010
Total noncurrent assets:1,58443739475100153148
TOTAL ASSETS:2,6921,8311,3041,0211,079845960
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:315342316187307245171
Employee-related liabilities529667693892889994994
Other undisclosed accounts payable and accrued liabilities(214)(325)(377)(705)(582)(749)(823)
Deferred revenue 727368
Due to related parties 111111
Customer advances and deposits 749 
Other undisclosed current liabilities1,5487257471,6521,3169941,430
Total current liabilities:1,8631,7951,4321,8401,6241,9891,602
Noncurrent Liabilities
Long-term debt and lease obligation451447362    
Long-term debt, excluding current maturities289254104    
Operating lease, liability162193258
Other undisclosed noncurrent liabilities(162)(193)(258)    
Total noncurrent liabilities:451447362    
Total liabilities:2,3142,2421,7941,8401,6241,9891,602
Stockholders' equity
Stockholders' equity attributable to parent378(411)(490)(819)(545)(1,145)(643)
Common stock254208197197197197194
Additional paid in capital24,86624,00823,29123,09022,64122,62522,063
Accumulated deficit(24,742)(24,627)(23,978)(24,106)(23,383)(23,967)(22,900)
Total stockholders' equity:378(411)(490)(819)(545)(1,145)(643)
TOTAL LIABILITIES AND EQUITY:2,6921,8311,3041,0211,079845960

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

12/31/2021
TTM
6/30/2021
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
Revenues7335581,6631,0901,3031,0631,798
Cost of revenue(34)(20)(40)(69)(122)(69)(122)
Cost of goods and services sold    (28)  
Gross profit:6995381,6231,0211,1819941,677
Operating expenses(1,535)(1,285)(1,487)(1,744)(1,532)(2,061)(1,244)
Operating income (loss):(836)(747)136(723)(351)(1,067)433
Nonoperating income10198  101  
Other nonoperating income 98  101  
Interest and debt expense(3)104  101  
Other undisclosed income from continuing operations before equity method investments, income taxes202      
Income (loss) from continuing operations before equity method investments, income taxes:(536)(545)136(723)(149)(1,067)433
Other undisclosed loss from continuing operations before income taxes(104)(104)(8)    
Net income (loss):(640)(649)128(723)(149)(1,067)433
Other undisclosed net income (loss) attributable to parent6   (101)  
Net income (loss) available to common stockholders, diluted:(634)(649)128(723)(250)(1,067)433

Comprehensive Income ($ in thousands)

12/31/2021
TTM
6/30/2021
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
Net income (loss):(640)(649)128(723)(149)(1,067)433
Comprehensive income (loss), net of tax, attributable to parent:(640)(649)128(723)(149)(1,067)433

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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