Free Flow, Inc. (FFLO) financial statements (2022 and earlier)

Company profile

Business Address 6269 CALEDON ROAD
KING GEORGE, VA 22485
State of Incorp. DE
Fiscal Year End December 31
SIC 5531 - Auto and Home Supply Stores (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 84719541
Cash and cash equivalents 84719541
Receivables 203107828 
Inventory, net of allowances, customer advances and progress billings 1,779777571178200 
Inventory 1,779777571178200 
Prepaid expense     497
Advances on inventory purchases   19 14 
Other undisclosed current assets (0)61   
Total current assets: 2,0658976181852748
Noncurrent Assets
Property, plant and equipment 1,5887117714  
Other undisclosed noncurrent assets 9(686)(742) 4 
Total noncurrent assets: 1,597252944 
Other undisclosed assets  686742   
TOTAL ASSETS: 3,6621,6081,3881892788
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 10127217317
Accounts payable 10127217317
Debt 940     
Due to related parties  10 17613152
Other undisclosed current liabilities 2 0   
Total current liabilities: 95222819820468
Noncurrent Liabilities
Long-term debt and lease obligation 496889900   
Long-term debt, excluding current maturities 496889900   
Other undisclosed noncurrent liabilities 964322    
Total noncurrent liabilities: 1,4601,211900   
Other undisclosed liabilities (0)     
Total liabilities: 2,4111,23390819820468
Temporary equity, carrying amount    330330330
Stockholders' equity
Stockholders' equity attributable to parent, including: (401)(437)(321)(339)(256)(390)
Preferred stock    000
Common stock 333333
Common stock, value, subscriptions 26     
Additional paid in capital 131131115115115115
Accumulated deficit (560)(560)(438)(456)(373)(508)
Other undisclosed stockholders' equity attributable to parent  (11)0  (0)
Other undisclosed stockholders' equity 34311801   
Total stockholders' equity: (58)(426)480(339)(256)(390)
Other undisclosed liabilities and equity 1,309801    
TOTAL LIABILITIES AND EQUITY: 3,6621,6081,3881892788

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 412421250340551 
Revenue, net340551 
Cost of revenue
(Cost of Goods and Services Sold)
 (173)(112)(39)(217)(102)(86)
Other undisclosed gross profit   (0)   
Gross profit: 239309211123449(86)
Operating expenses (393)(851)    
Operating income (loss): (155)(542)211123449(86)
Nonoperating income (expense) 1,005431(191)(206)(315)(417)
Other nonoperating income 1,005     
Income (loss) from continuing operations before equity method investments, income taxes: 851(112)20(83)134(504)
Other undisclosed income (loss) from continuing operations before income taxes  (10)(40) (0)86
Income (loss) from continuing operations before income taxes: 851(122)(20)(83)134(417)
Income tax expense (289)(41)(7)(28)  
Other undisclosed income from continuing operations  41    
Income (loss) before gain (loss) on sale of properties: 561(122)(27)(111)134(417)
Other undisclosed net income 289142    
Net income (loss): 85120(27)(111)134(417)
Other undisclosed net income (loss) attributable to parent  (142)4728  
Net income (loss) available to common stockholders, diluted: 851(122)20(83)134(417)

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 income (loss): 85120(27)(111)134(417)
Comprehensive income (loss), net of tax, attributable to parent: 85120(27)(111)134(417)

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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