Conversion Labs, Inc. (CVLB) financial statements (2020 and earlier)
Company profile
| Business Address |
800 THIRD AVENUE, SUITE 2800 NEW YORK, NY 10022 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 399 - Miscellaneous Manufacturing Industries (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cash and cash equivalents | 1 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Inventory, net of allowances, customer advances and progress billings | 1 | 1 | 1 | 0 | 0 | 0 | 0 | ||
| Inventory | 1 | 1 | 1 | 0 | 0 | 0 | 0 | ||
| Other current assets | 0 | 0 | |||||||
| Other undisclosed current assets | 0 | 0 | 0 | 0 | |||||
| Total current assets: | 2 | 2 | 1 | 1 | 0 | 0 | 0 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 0 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 0 | 0 | |||||||
| Intangible assets, net (including goodwill) | 1 | 1 | ✕ | ||||||
| Intangible assets, net (excluding goodwill) | 1 | 1 | |||||||
| Total noncurrent assets: | 1 | 1 | 0 | 0 | |||||
| TOTAL ASSETS: | 3 | 3 | 1 | 1 | 0 | 0 | 1 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 2 | 1 | 0 | 1 | 0 | 0 | 0 | ||
| Other undisclosed accounts payable and accrued liabilities | 2 | 1 | 0 | 1 | 0 | 0 | 0 | ||
| Debt | 1 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Derivative instruments and hedges, liabilities | 0 | ||||||||
| Due to related parties | 0 | ||||||||
| Other undisclosed current liabilities | 0 | 0 | 0 | 0 | |||||
| Total current liabilities: | 3 | 1 | 1 | 1 | 0 | 0 | 0 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 0 | ||||||||
| Long-term debt, excluding current maturities | 0 | ||||||||
| Liabilities, other than long-term debt | 0 | 0 | 0 | ||||||
| Deferred tax liabilities, net | ✕ | 0 | 0 | 0 | |||||
| Other undisclosed noncurrent liabilities | 0 | 0 | |||||||
| Total noncurrent liabilities: | 0 | 1 | 0 | 0 | |||||
| Total liabilities: | 3 | 2 | 1 | 1 | 0 | 0 | 0 | ||
| Commitments and contingencies | 0 | 1 | |||||||
| Temporary equity, carrying amount | (0) | (1) | |||||||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | (0) | 1 | 1 | (0) | 0 | (0) | 0 | ||
| Common stock | 1 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Treasury stock, value | (0) | (0) | (0) | (0) | |||||
| Additional paid in capital | 15 | 13 | 12 | 9 | 8 | 8 | 8 | ||
| Deferred compensation equity | (0) | ||||||||
| Accumulated deficit | (16) | (12) | (11) | (10) | (9) | (9) | (8) | ||
| Other undisclosed stockholders' equity attributable to parent | 0 | ||||||||
| Stockholders' equity attributable to noncontrolling interest | (0) | (0) | (0) | (0) | 0 | 100 | |||
| Other undisclosed stockholders' equity | (100) | ||||||||
| Total stockholders' equity: | (1) | 1 | 1 | (0) | 0 | (0) | 0 | ||
| TOTAL LIABILITIES AND EQUITY: | 3 | 3 | 1 | 1 | 0 | 0 | 1 | ||
Income statement (P&L) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 11 | 8 | 5 | 5 | 1 | 1 | 1 | |
| Revenue, net | ✕ | ✕ | 5 | 5 | (0) | |||
| Cost of revenue | (3) | (2) | (1) | (2) | (0) | (0) | (0) | |
| Cost of goods and services sold | 0 | 0 | ||||||
| Gross profit: | 8 | 6 | 4 | 3 | 1 | 1 | 1 | |
| Operating expenses | (11) | (8) | (5) | (4) | (1) | (0) | (0) | |
| Other undisclosed operating loss | (1) | (1) | (1) | |||||
| Operating loss: | (3) | (2) | (1) | (1) | (0) | (1) | (1) | |
| Nonoperating expense (Other Nonoperating expense) | (0) | (0) | ||||||
| Interest and debt expense | (1) | (0) | (1) | (0) | (0) | (0) | (0) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 1 | 1 | ||||||
| Loss from continuing operations before equity method investments, income taxes: | (3) | (1) | (2) | (1) | (0) | (1) | (1) | |
| Other undisclosed income from continuing operations before income taxes | 0 | 0 | 0 | 0 | ||||
| Loss from continuing operations before income taxes: | (3) | (1) | (2) | (1) | (0) | (0) | (0) | |
| Income tax benefit | 0 | 0 | 0 | |||||
| Other undisclosed income from continuing operations | 0 | |||||||
| Loss from continuing operations: | (3) | (1) | (2) | (1) | (0) | (0) | (0) | |
| Income from discontinued operations | 0 | 1 | ||||||
| Loss before gain (loss) on sale of properties: | (3) | (0) | (2) | (1) | (0) | (0) | (0) | |
| Other undisclosed net income (loss) | (1) | (1) | 1 | |||||
| Net loss: | (4) | (1) | (1) | (1) | (0) | (0) | (0) | |
| Net income attributable to noncontrolling interest | 0 | 0 | 0 | 0 | 0 | |||
| Other undisclosed net income attributable to parent | 0 | |||||||
| Net loss available to common stockholders, diluted: | (3) | (1) | (1) | (1) | (0) | (0) | (0) | |
Comprehensive Income ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (4) | (1) | (1) | (1) | (0) | (0) | (0) | |
| Comprehensive loss: | (4) | (1) | (1) | (1) | (0) | (0) | (0) | |
| Comprehensive income, net of tax, attributable to noncontrolling interest | 0 | 0 | 0 | 0 | 0 | |||
| Comprehensive loss, net of tax, attributable to parent: | (3) | (1) | (1) | (1) | (0) | (0) | (0) | |
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.