Frelii, Inc. (FRLI) financial statements (2020 and earlier)

Company profile

Business Address 2701 NORTH THANKSGIVING WAY
LEHI, UT 84043
State of Incorp. NV
Fiscal Year End December 31
SIC 65 - Real Estate (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1259     
Cash and cash equivalents1259     
Receivables4525341    
Inventory, net of allowances, customer advances and progress billings5023    
Inventory5023     
Prepaid expense208     
Other undisclosed current assets 13114    
Total current assets:128245355    
Noncurrent Assets
Property, plant and equipment12234     
Intangible assets, net (including goodwill)1,542     
Intangible assets, net (excluding goodwill)1,542      
Other undisclosed noncurrent assets (44)     
Total noncurrent assets:1,554190     
TOTAL ASSETS:1,682435355    
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:13255384257731971
Accrued liabilities   2014  
Employee-related liabilities2524     
Interest and dividends payable3      
Other undisclosed accounts payable and accrued liabilities10331382356431971
Deferred revenue43
Debt19  77726
Due to related parties12712737874874 37
Other undisclosed current liabilities   8175933854
Total current liabilities:321182401,8041,5331,259989
Noncurrent Liabilities
Other undisclosed liabilities21224     
Total liabilities:533205401,8041,5331,259989
Stockholders' equity
Stockholders' equity attributable to parent, including:1,149229315(1,804)(1,533)(1,259)(989)
Common stock      (989)
Common stock, share subscribed but unissued, subscriptions receivable (131)     
Additional paid in capital14,0448,8663,4301,9161,9161,9161,916
Accumulated other comprehensive loss(1)      
Retained earnings (accumulated deficit)(12,947)(8,676)(3,126)  3,1762,907
Other undisclosed stockholders' equity attributable to parent5317010(3,720)(3,449)(6,351)(4,823)
Total stockholders' equity:1,149229315(1,804)(1,533)(1,259)(989)
TOTAL LIABILITIES AND EQUITY:1,682435355    

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues8636     
Cost of revenue
(Cost of Goods and Services Sold)
(16)(28)     
Gross profit:708     
Operating expenses(5,770)(4,400)(229)(183)(187)(182)(179)
Operating loss:(5,700)(4,392)(229)(183)(187)(182)(179)
Nonoperating income (expense)(10)(1,158)821(88)(88)(88)(68)
Other nonoperating expense   (88)(88)(88)(68)
Interest and debt expense(11)(1,159)(79)(88)(88)(88)(68)
Income (loss) from continuing operations before equity method investments, income taxes:(5,720)(6,708)514(359)(362)(357)(315)
Other undisclosed income from continuing operations before income taxes111,15979    
Income (loss) before gain (loss) on sale of properties:(5,709)(5,550)593(359)(362)(357)(315)
Other undisclosed net income   88888868
Net income (loss) attributable to parent:(5,709)(5,550)593(271)(274)(270)(247)
Preferred stock dividends and other adjustments      (1,823)
Other undisclosed net income available to common stockholders, basic  79   1,823
Net income (loss) available to common stockholders, basic:(5,709)(5,550)671(271)(274)(270)(247)
Interest on convertible debt  76    
Net income (loss) available to common stockholders, diluted:(5,709)(5,550)747(271)(274)(270)(247)

Comprehensive Income ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):(5,709)(5,550)593(271)(274)(270)(247)
Comprehensive income (loss):(5,709)(5,550)593(271)(274)(270)(247)
Other undisclosed comprehensive loss, net of tax, attributable to parent(1)      
Comprehensive income (loss), net of tax, attributable to parent:(5,710)(5,550)593(271)(274)(270)(247)

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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