Driven Deliveries, Inc. (DRVD) financial statements (2020 and earlier)

Company profile

Business Address 510 KEARNY VILLA ROAD
SAN DIEGO, CA 92123
State of Incorp. DE
Fiscal Year End December 31
SIC 8742 - Management Consulting Services (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3545 11
Cash and cash equivalents3545 11
Receivables600 
Inventory, net of allowances, customer advances and progress billings247   
Inventory247   
Other undisclosed current assets163  11
Total current assets:7706022
Noncurrent Assets
Operating lease, right-of-use asset166
Property, plant and equipment742412
Intangible assets, net (including goodwill)6,448   
Goodwill3,015   
Intangible assets, net (excluding goodwill)3,433   
Prepaid expense206   
Deposits noncurrent assets44  
Other undisclosed noncurrent assets0   
Total noncurrent assets:6,8982812
Other undisclosed assets  (0) 
TOTAL ASSETS:7,66834124
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1,269219316
Taxes payable169 00
Interest and dividends payable  2 
Other undisclosed accounts payable and accrued liabilities1,100219 16
Debt219   
Deferred rent credit 5
Due to related parties5812 26
Business combination, contingent consideration, liability2,016   
Other undisclosed current liabilities750150250
Total current liabilities:4,3123862843
Noncurrent Liabilities
Long-term debt and lease obligation166   
Operating lease, liability166
Liabilities, other than long-term debt1,399   
Business combination, contingent consideration, liability1,399   
Total noncurrent liabilities:1,565   
Total liabilities:5,8773862843
Stockholders' equity
Stockholders' equity attributable to parent1,791(352)(27)(19)
Common stock4400
Additional paid in capital13,6502,4255837
Accumulated deficit(11,863)(2,681)(85)(56)
Stockholders' equity note, subscriptions receivable (100)  
Total stockholders' equity:1,791(352)(27)(19)
TOTAL LIABILITIES AND EQUITY:7,66834124

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
Revenues1,073(65)55168
Revenue, net55168
Other income174   
Cost of revenue(573)(3)(8)(31)
Cost of goods and services sold(653) (19)(75)
Other undisclosed gross profit174 (14)(44)
Gross profit:673(68)3393
Operating expenses(12,017)(2,553)(59)(128)
Operating loss:(11,343)(2,621)(27)(35)
Nonoperating expense
(Other Nonoperating expense)
(312)   
Interest and debt expense308(2) 
Loss from continuing operations before equity method investments, income taxes:(11,625)(2,614)(29)(35)
Other undisclosed loss from continuing operations before income taxes(32)(15)  
Loss from continuing operations before income taxes:(11,657)(2,629)(29)(35)
Income tax expense(169)   
Net loss available to common stockholders, diluted:(11,826)(2,629)(29)(35)

Comprehensive Income ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
Net loss:(11,826)(2,629)(29)(35)
Comprehensive loss, net of tax, attributable to parent:(11,826)(2,629)(29)(35)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: