2050 Motors, Inc. (ETFM) financial statements (2021 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)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 0001282757
Cash and cash equivalents 0001282757
Prepaid expense    202518
Total current assets: 00032107775
Noncurrent Assets
Property, plant and equipment      60
Long-term investments and receivables 189     
Long-term investments 189     
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: 189 9513382141
Other undisclosed assets   326510560
TOTAL ASSETS: 1890128230294976
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 686511072885
Accounts payable 62243 41
Accrued liabilities 63626    
Taxes payable  34   
Interest and dividends payable   602854
Debt 18872 10  
Derivative instruments and hedges, liabilities 8938761,030270  
Due to related parties   45867101
Deferred revenue and credits  12
Other undisclosed current liabilities 282250297296  
Total current liabilities: 1,4311,8491,47861276107
Noncurrent Liabilities
Total liabilities: 1,4311,8491,47861276107
Stockholders' equity
Stockholders' equity attributable to parent, including: (1,242)(1,849)(1,350)(382)218869
Preferred stock  45    
Common stock 3,8003,4052,4742,2601,9941,916
Common stock, value, subscriptions 125125140125  
Additional paid in capital 8585369541  
Accumulated deficit (6,026)(5,961)(4,059)(2,809)(1,776)(1,047)
Other undisclosed stockholders' equity attributable to parent 0     
Total stockholders' equity: (1,242)(1,849)(1,350)(382)218869
TOTAL LIABILITIES AND EQUITY: 1890128230294976

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

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Operating expenses (213)(292)(299)(776)(732)(546)
Operating loss: (213)(292)(299)(776)(732)(546)
Nonoperating income (expense) 147(1,610) 13 
Investment income, nonoperating (147)     
Other nonoperating income    13 
Interest and debt expense 583(9)(909)(231)(11) 
Income (loss) from continuing operations before equity method investments, income taxes: 517(1,910)(1,207)(1,005)(740)(546)
Other undisclosed income (loss) from continuing operations before income taxes (583)9(42)(28)11 
Loss from continuing operations before income taxes: (65)(1,901)(1,250)(1,033)(729)(546)
Income tax expense   (1)   
Net loss available to common stockholders, diluted: (65)(1,901)(1,250)(1,033)(729)(546)

Comprehensive Income ($ in thousands)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net loss: (65)(1,901)(1,250)(1,033)(729)(546)
Comprehensive loss, net of tax, attributable to parent: (65)(1,901)(1,250)(1,033)(729)(546)

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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