East Coast Diversified Corp (ECDV) financial statements (2020 and earlier)

Company profile

Business Address 810 FRANKLIN COURT, SUITE H
MARIETTA, GA 30067
State of Incorp. NV
Fiscal Year End December 31
SIC 3663 - Radio and Television Broadcasting and Communications Equipment (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments160 
Cash and cash equivalents160 
Receivables1850200
Inventory, net of allowances, customer advances and progress billings251252109
Inventory251252109
Prepaid expense9114
Prepaid expense and other current assets16
Other undisclosed current assets38307307
Total current assets:581573632
Noncurrent Assets
Property, plant and equipment2647
Intangible assets, net (including goodwill)150
Intangible assets, net (excluding goodwill)150  
Prepaid expense 38
Other noncurrent assets17058
Prepaid expense and other noncurrent assets195
Other undisclosed noncurrent assets(150)(38)(88)
Total noncurrent assets:19661115
TOTAL ASSETS:777634747
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1,035629509
Employee-related liabilities2,9202,3721,938
Other undisclosed accounts payable and accrued liabilities(1,885)(1,743)(1,429)
Debt867683411
Due to related parties7211065
Deferred revenue and credits83  
Other undisclosed current liabilities2,9202,9842,489
Total current liabilities:5,6264,3063,474
Noncurrent Liabilities
Long-term debt and lease obligation 72 
Long-term debt, excluding current maturities 72 
Total noncurrent liabilities: 72 
Total liabilities:5,6264,3783,474
Stockholders' equity
Stockholders' equity attributable to parent, including:(4,449)(4,630)(3,927)
Preferred stock, shares subscribed but unissued, subscriptions receivable(1,087)(1,113)(1,156)
Common stock12,4092,2227
Additional paid in capital5,71514,95015,931
Accumulated deficit(21,926)(21,096)(18,812)
Other undisclosed stockholders' equity attributable to parent441409103
Stockholders' equity attributable to noncontrolling interest(404)(383)(359)
Total stockholders' equity:(4,854)(5,012)(4,286)
Other undisclosed liabilities and equity51,2681,559
TOTAL LIABILITIES AND EQUITY:777634747

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

12/31/2014
12/31/2013
12/31/2012
Revenues
(Revenue, Net)
404180716
Cost of revenue(21)(25)(63)
Cost of goods and services sold(127)(102)(335)
Gross profit:384155653
Operating expenses(1,686)(2,067)(3,687)
Other undisclosed operating income212563
Operating loss:(1,281)(1,887)(2,971)
Nonoperating expense(556)(422)(1,312)
Debt instrument, convertible, beneficial conversion feature  924
Interest and debt expense(620)(571)(1,338)
Loss from continuing operations:(2,457)(2,880)(5,622)
Income from discontinued operations984  
Loss before gain (loss) on sale of properties:(1,473)(2,880)(5,622)
Other undisclosed net income (loss)643595(228)
Net loss:(830)(2,284)(5,849)
Net income attributable to noncontrolling interest2324100
Other undisclosed net income (loss) attributable to parent(1,007)(48)1,466
Net loss attributable to parent:(1,814)(2,309)(4,284)
Other undisclosed net income (loss) available to common stockholders, basic 24(1,466)
Net loss available to common stockholders, diluted:(1,814)(2,284)(5,750)

Comprehensive Income ($ in thousands)

12/31/2014
12/31/2013
12/31/2012
Net loss:(830)(2,284)(5,849)
Comprehensive loss:(830)(2,284)(5,849)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest23(24)(100)
Comprehensive loss, net of tax, attributable to parent:(807)(2,309)(5,949)

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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