Friendable, Inc. (FDBL) Financial Statements (2024 and earlier)

Company Profile

Business Address 1821 S BASCOM AVE
CAMPBELL, CA 95008
State of Incorp. NV
Fiscal Year End December 31
Industry (SIC) 7372 - Prepackaged Software (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2022
MRQ
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 investments 254531126 120
Cash and cash equivalents 254531126 120
Receivables  1330  1
Prepaid expense  8330 77
Total current assets: 25414972267128
Noncurrent Assets
Intangible assets, net (including goodwill)     3535
Intangible assets, net (excluding goodwill)     3535
Total noncurrent assets:     3535
TOTAL ASSETS: 254149722642163
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 2,9292,4801,9453,8642,7191,554
Interest and dividends payable 32    
Accounts payable  2,4481,9453,8642,7191,554
Other undisclosed accounts payable and accrued liabilities 2,929     
Debt 1932051226,4004,8072,172
Derivative instruments and hedges, liabilities 1231,32012,778   
Due to related parties 100190    
Other undisclosed current liabilities 1,6621,2421,197  6
Total current liabilities: 5,0075,43716,04210,2647,5263,733
Noncurrent Liabilities
Long-term debt and lease obligation      219
Long-term debt, excluding current maturities      219
Other undisclosed noncurrent liabilities  (176)    
Total noncurrent liabilities:  (176)   219
Total liabilities: 5,0075,26116,04210,2647,5263,952
Equity
Equity, attributable to parent, including: (4,753)(5,288)(15,970)(10,238)(7,484)(3,789)
Preferred stock    000
Common stock 4850555501107
Additional paid in capital 34,67231,27016,47711,47211,1589,609
Accumulated deficit (39,474)(36,569)(32,444)(22,260)(19,138)(13,500)
Stockholders' equity note, subscriptions receivable  (5)(5)(5)(5)(5)
Other undisclosed equity, attributable to parent 1101   
Other undisclosed equity  176    
Total equity: (4,753)(5,112)(15,970)(10,238)(7,484)(3,789)
TOTAL LIABILITIES AND EQUITY: 254149722642163

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

9/30/2022
TTM
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues 74022436929
Cost of revenue (813)    (1)
Financial services costs (1)
Gross profit: (806)4022436928
Operating expenses (2,839)(2,177)(1,285)(3,093)(5,472)(5,484)
Other undisclosed operating income 813    1
Operating loss: (2,832)(1,775)(1,042)(3,087)(5,463)(5,455)
Nonoperating income (expense) (73)333 (175)(575)
Investment income, nonoperating     (175)(575)
Gain, foreign currency transaction, before tax  325   
Debt instrument, convertible, beneficial conversion feature   8   
Other nonoperating expense (73)     
Interest and debt expense (992)450(6,764)(2,052)(3,507)500
Loss from continuing operations before income taxes: (3,897)(1,322)(7,773)(5,139)(9,145)(5,530)
Income tax benefit  8662,1391,0931,9732,140
Loss from continuing operations: (3,897)(456)(5,634)(4,047)(7,172)(3,391)
Loss before gain (loss) on sale of properties:(3,897)(456)(5,634)(4,047)(7,172)(3,391)
Net loss: (3,897)(456)(5,634)(4,047)(7,172)(3,391)
Other undisclosed net income (loss) attributable to parent 992(3,670)(4,549)9251,534(2,723)
Net loss available to common stockholders, diluted: (2,905)(4,125)(10,183)(3,122)(5,638)(6,113)

Comprehensive Income ($ in thousands)

9/30/2022
TTM
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net loss: (3,897)(456)(5,634)(4,047)(7,172)(3,391)
Comprehensive loss: (3,897)(456)(5,634)(4,047)(7,172)(3,391)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent  (3,670)(4,549)9251,534(2,723)
Comprehensive loss, net of tax, attributable to parent: (3,897)(4,125)(10,183)(3,122)(5,638)(6,113)

Statements Sources

The financial statements are based on the Company's filings with 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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