Friendable, Inc. (FDBL) financial statements (2023 and earlier)
Company profile
| Business Address |
1821 S BASCOM AVE CAMPBELL, CA 95008 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| SIC | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 53 | 11 | 26 | 120 | 16 | ||||
| Cash and cash equivalents | 53 | 11 | 26 | 120 | 16 | ||||
| Receivables | 13 | 30 | 1 | 4 | |||||
| Prepaid expense | 83 | 30 | 7 | 7 | 2 | ||||
| Deferred costs | 201 | ||||||||
| Total current assets: | 149 | 72 | 26 | 7 | 128 | 222 | |||
| Noncurrent Assets | |||||||||
| Intangible assets, net (including goodwill) | 35 | 35 | 35 | ||||||
| Intangible assets, net (excluding goodwill) | 35 | 35 | 35 | ||||||
| Total noncurrent assets: | 35 | 35 | 35 | ||||||
| TOTAL ASSETS: | 149 | 72 | 26 | 42 | 163 | 257 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 2,480 | 1,945 | 3,864 | 2,719 | 1,554 | 1,183 | |||
| Accounts payable | 2,448 | 1,945 | 3,864 | 2,719 | 1,554 | 1,183 | |||
| Interest and dividends payable | 32 | ||||||||
| Debt | 205 | 122 | 6,400 | 4,807 | 2,172 | 494 | |||
| Derivative instruments and hedges, liabilities | 1,320 | 12,778 | |||||||
| Due to related parties | 190 | ||||||||
| Other undisclosed current liabilities | 1,242 | 1,197 | 6 | 6 | |||||
| Total current liabilities: | 5,437 | 16,042 | 10,264 | 7,526 | 3,733 | 1,683 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 219 | 74 | |||||||
| Long-term debt, excluding current maturities | 219 | 74 | |||||||
| Other undisclosed noncurrent liabilities | (176) | ||||||||
| Total noncurrent liabilities: | (176) | 219 | 74 | ||||||
| Total liabilities: | 5,261 | 16,042 | 10,264 | 7,526 | 3,952 | 1,757 | |||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | (5,288) | (15,970) | (10,238) | (7,484) | (3,789) | (1,500) | |||
| Preferred stock | 0 | 0 | 0 | 0 | |||||
| Common stock | 5 | 0 | 555 | 501 | 107 | 22 | |||
| Additional paid in capital | 31,270 | 16,477 | 11,472 | 11,158 | 9,609 | 5,948 | |||
| Accumulated deficit | (36,569) | (32,444) | (22,260) | (19,138) | (13,500) | (7,465) | |||
| Stockholders' equity note, subscriptions receivable | (5) | (5) | (5) | (5) | (5) | ✕ | |||
| Other undisclosed stockholders' equity attributable to parent | 10 | 1 | (5) | ||||||
| Other undisclosed stockholders' equity | 176 | ||||||||
| Total stockholders' equity: | (5,112) | (15,970) | (10,238) | (7,484) | (3,789) | (1,500) | |||
| TOTAL LIABILITIES AND EQUITY: | 149 | 72 | 26 | 42 | 163 | 257 | |||
Income statement (P&L) ($ in thousands)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 402 | 243 | 6 | 9 | 29 | 151 | ||
| Cost of revenue (Financial Services Costs) | (1) | (117) | ||||||
| Gross profit: | 402 | 243 | 6 | 9 | 28 | 34 | ||
| Operating expenses | (2,177) | (1,285) | (3,093) | (5,472) | (5,484) | (3,311) | ||
| Other undisclosed operating income | 1 | 117 | ||||||
| Operating loss: | (1,775) | (1,042) | (3,087) | (5,463) | (5,455) | (3,160) | ||
| Nonoperating income (expense) | 3 | 33 | (175) | (575) | ||||
| Investment income, nonoperating | (175) | (575) | ||||||
| Foreign currency transaction gain, before tax | 3 | 25 | ||||||
| Debt instrument, convertible, beneficial conversion feature | 8 | |||||||
| Interest and debt expense | 450 | (6,764) | (2,052) | (3,507) | 500 | (1,407) | ||
| Loss from continuing operations before income taxes: | (1,322) | (7,773) | (5,139) | (9,145) | (5,530) | (4,567) | ||
| Income tax benefit | 866 | 2,139 | 1,093 | 1,973 | 2,140 | 1,104 | ||
| Net loss: | (456) | (5,634) | (4,047) | (7,172) | (3,391) | (3,463) | ||
| Other undisclosed net income (loss) attributable to parent | (3,670) | (4,549) | 925 | 1,534 | (2,723) | 308 | ||
| Net loss available to common stockholders, diluted: | (4,125) | (10,183) | (3,122) | (5,638) | (6,113) | (3,155) | ||
Comprehensive Income ($ in thousands)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (456) | (5,634) | (4,047) | (7,172) | (3,391) | (3,463) | ||
| Comprehensive loss: | (456) | (5,634) | (4,047) | (7,172) | (3,391) | (3,463) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (3,670) | (4,549) | 925 | 1,534 | (2,723) | 308 | ||
| Comprehensive loss, net of tax, attributable to parent: | (4,125) | (10,183) | (3,122) | (5,638) | (6,113) | (3,155) | ||
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.