Electronic Systems Technology Inc (ELST) financial statements (2022 and earlier)

Company profile

Business Address 415 N. ROOSEVELT ST., STE B1
KENNEWICK, WA 99336
State of Incorp. WA
Fiscal Year End December 31
SIC 367 - Electronic Components And Accessories (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments656308275324208503
Cash and cash equivalents656308275324208503
Receivables166294837057
Inventory, net of allowances, customer advances and progress billings502632823715763703
Inventory502632823715763703
Prepaid expense24282121  
Other undisclosed current assets4005006509001,1071,080
Total current assets:1,7481,7611,8522,0302,0832,293
Noncurrent Assets
Operating lease, right-of-use asset296540
Property, plant and equipment1512203151
Other undisclosed noncurrent assets     244
Total noncurrent assets:3071522031295
TOTAL ASSETS:1,7781,8321,9042,0512,1142,588
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities10948115873935
Accounts payable7221102711915
Accrued liabilities15723 18
Employee-related liabilities23201114202
Customer advances and deposits45
Other undisclosed current liabilities2837421023
Total current liabilities:13885157984542
Noncurrent Liabilities
Long-term debt and lease obligation 200    
Long-term debt, excluding current maturities 172    
Operating lease, liability 29 
Other undisclosed noncurrent liabilities (29)    
Total noncurrent liabilities: 200    
Total liabilities:138285157984542
Stockholders' equity
Stockholders' equity attributable to parent, including:1,6411,5471,7471,9532,0692,546
Common stock55 555
Additional paid in capital932931929944944973
Retained earnings7036108131,0041,1201,568
Other undisclosed stockholders' equity attributable to parent  5   
Total stockholders' equity:1,6411,5471,7471,9532,0692,546
TOTAL LIABILITIES AND EQUITY:1,7781,8321,9042,0512,1142,588

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues1,512 1,4091,3951,4371,503
Revenue, net1,4251,490
Other income283 22181112
Cost of revenue
(Cost of Goods and Services Sold)
(744) (664)(676)(643) 
Other undisclosed gross profit    (11)(690)
Gross profit:768 744719782813
Operating expenses(958)(13)(957)(854)(997)(1,041)
Operating loss:(190)(13)(213)(134)(215)(228)
Nonoperating income
(Investment Income, Nonoperating)
    1112
Interest and debt expense280     
Income (loss) from continuing operations before income taxes:91(13)(213)(134)(204)(216)
Income tax expense (benefit)    244(76)
Income (loss) before gain (loss) on sale of properties:91(13)(213)(134)40(292)
Other undisclosed net income (loss) (189)2218(488)151
Net income (loss):91(203)(191)(116)(448)(141)
Other undisclosed net income attributable to parent2     
Net income (loss) available to common stockholders, diluted:93(203)(191)(116)(448)(141)

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net income (loss):91(203)(191)(116)(448)(141)
Comprehensive income (loss), net of tax, attributable to parent:91(203)(191)(116)(448)(141)

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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