Fresh Promise Foods, Inc. (FPFI) financial statements (2021 and earlier)

Company profile

Business Address 3416 SHADYBROOK DRIVE
MIDWEST CITY, OK 73110
State of Incorp. NV
Fiscal Year End December 31
SIC 204 - Grain Mill Products (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
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 00  233
Cash and cash equivalents 00  233
Inventory, net of allowances, customer advances and progress billings     21
Inventory     21 
Other current assets     1 
Total current assets: 00  2333
Noncurrent Assets
Property, plant and equipment     911
Intangible assets, net (including goodwill)     5
Intangible assets, net (excluding goodwill)     5 
Other undisclosed noncurrent assets      (1)
Total noncurrent assets:     95 
TOTAL ASSETS: 00  11833
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 1,395819450421698237
Accounts payable 165165165165299237
Accrued liabilities 1,229653284255  
Employee-related liabilities     330 
Interest and dividends payable     69 
Debt 1,5151,498  397229
Derivative instruments and hedges, liabilities     585157
Due to related parties 44442447
Disposal group, including discontinued operation   1,2821,223  
Other liabilities      10
Other undisclosed current liabilities 2,2091,8992,5301,960 258
Total current liabilities: 5,1234,2194,2663,6071,703937
Noncurrent Liabilities
Long-term debt and lease obligation     425 
Long-term debt, excluding current maturities     389 
Capital lease obligations   36 
Other undisclosed noncurrent liabilities     (389) 
Total noncurrent liabilities:     36 
Total liabilities: 5,1234,2194,2663,6071,739937
Stockholders' equity
Stockholders' equity attributable to parent, including: (5,123)(4,219)(4,266)(3,607)(1,621)(903)
Preferred stock 0000  
Common stock 868873801
Treasury stock, value     (0) 
Additional paid in capital 8,8948,8317,9477,4187,1356,705
Accumulated deficit (14,104)(13,138)(12,286)(11,033)(8,756)(7,609)
Other undisclosed stockholders' equity attributable to parent     00
Total stockholders' equity: (5,123)(4,219)(4,266)(3,607)(1,621)(903)
TOTAL LIABILITIES AND EQUITY: 00  11833

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

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2014
12/31/2013
Revenues     10
Cost of revenue
(Cost of Goods and Services Sold)
      (8)
Other undisclosed gross profit     (11)6
Gross profit:     (10)(2)
Operating expenses (141)(946)(503) (893)(477)
Other operating income, net
(Other Expenses)
     0 
Other undisclosed operating income (loss) 24   (0) 
Operating loss: (141)(946)(503) (903)(479)
Nonoperating income (expense) 824   (151)(160)
Investment income, nonoperating     93 
Other nonoperating income (expense) 824   (244)(160)
Interest and debt expense 50898882340(576)(87)
Income (loss) from continuing operations before equity method investments, income taxes: 1,19143(421)340(1,630)(726)
Other undisclosed income from continuing operations before income taxes     48387
Income (loss) from continuing operations before income taxes: 1,19143(421)340(1,148)(639)
Income tax expense     (3,354) 
Income (loss) from continuing operations: 1,19143(421)340(4,502)(639)
Income (loss) from discontinued operations  1,282(59)(163)  
Net income (loss): 1,1911,324(480)177(4,502)(639)
Other undisclosed net income (loss) attributable to parent (2,157)(2,177)(773)(598)3,354 
Net loss attributable to parent: (966)(852)(1,253)(421)(1,148)(639)
Preferred stock dividends and other adjustments (9)(9)    
Net loss available to common stockholders, diluted: (975)(861)(1,253)(421)(1,148)(639)

Comprehensive Income ($ in thousands)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2014
12/31/2013
Net income (loss): 1,1911,324(480)177(4,502)(639)
Comprehensive income (loss), net of tax, attributable to parent: 1,1911,324(480)177(4,502)(639)

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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