2050 Motors, Inc. (ETFM) financial statements (2020 and earlier)

Company profile

Business Address 25 N RIVER LANE
GENEVA, IL 60134
State of Incorp. CA
Fiscal Year End December 31
SIC 2844 - Perfumes, Cosmetics, and Other Toilet Preparations (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
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments10001282757 
Cash and cash equivalents10001282757 
Prepaid expense   202518 
Total current assets:100032107775 
Noncurrent Assets
Property, plant and equipment     60 
Long-term investments and receivables306      
Long-term investments306      
Intangible assets, net (including goodwill), including:  50505050
Other undisclosed intangible assets, net (including goodwill)  50505050
Deferred costs  1956   
Other undisclosed noncurrent assets  27273230 
Total noncurrent assets:306 9513382141 
Other undisclosed assets  326510560 
TOTAL ASSETS:3160128230294976 
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities69865110728854
Accounts payable272243 41 
Accrued liabilities641626    4
Taxes payable 34    
Interest and dividends payable31 602854 
Debt15172 10  47
Derivative instruments and hedges, liabilities2908761,030270   
Due to related parties  45867101 
Deferred revenue and credits  12 
Other undisclosed current liabilities22250297296  41
Total current liabilities:1,1621,8491,4786127610792
Noncurrent Liabilities
Total liabilities:1,1621,8491,4786127610792
Stockholders' equity
Stockholders' equity attributable to parent(846)(1,849)(1,350)(382)218869(92)
Preferred stock 45     
Common stock3,6553,4052,4742,2601,9941,9167,436
Common stock, value, subscriptions125125140125  
Additional paid in capital9785369541  918
Accumulated deficit(5,604)(5,961)(4,059)(2,809)(1,776)(1,047)(8,447)
Other undisclosed stockholders' equity attributable to parent0      
Total stockholders' equity:(846)(1,849)(1,350)(382)218869(92)
TOTAL LIABILITIES AND EQUITY:3160128230294976 

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Operating expenses(221)(292)(299)(776)(732)(546)(23)
Operating loss:(221)(292)(299)(776)(732)(546)(23)
Nonoperating income (expense)240(1,610) 13  
Investment income, nonoperating(130)      
Other nonoperating income   13  
Interest and debt expense222(9)(909)(231)(11) (3)
Income (loss) from continuing operations before equity method investments, income taxes:241(1,910)(1,207)(1,005)(740)(546)(25)
Other undisclosed income (loss) from continuing operations before income taxes(222)9(42)(28)11  
Income (loss) from continuing operations before income taxes:19(1,901)(1,250)(1,033)(729)(546)(25)
Income tax expense  (1)   (1)
Net income (loss) available to common stockholders, diluted:19(1,901)(1,250)(1,033)(729)(546)(26)

Comprehensive Income ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):19(1,901)(1,250)(1,033)(729)(546)(26)
Comprehensive income (loss), net of tax, attributable to parent:19(1,901)(1,250)(1,033)(729)(546)(26)

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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