Formcap Corp (FRMC) financial statements (2020 and earlier)

Company profile

Business Address 50 WEST LIBERTY STREET
RENO, NV 89501
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)

6/30/2017
TTM
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 010
Cash and cash equivalents 010
Other undisclosed current assets 159 
Total current assets: 15100
Noncurrent Assets
Other noncurrent assets  102
Total noncurrent assets:  102 
TOTAL ASSETS: 151120
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 2310135
Accounts payable   398
Other undisclosed accounts payable and accrued liabilities 23101(363)
Debt 242  
Due to related parties 112 560
Other undisclosed current liabilities 288486214
Total current liabilities: 665587808
Noncurrent Liabilities
Total liabilities: 665587808
Stockholders' equity
Stockholders' equity attributable to parent, including: (649)(475)(808)
Additional paid in capital 22,22913,80511,177
Accumulated deficit (22,967)(14,356)(11,970)
Other undisclosed stockholders' equity attributable to parent 8975(15)
Total stockholders' equity: (649)(475)(808)
TOTAL LIABILITIES AND EQUITY: 151120

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

6/30/2017
TTM
12/31/2014
12/31/2013
12/31/2012
Operating expenses (633)(112)(109)
Other operating income, net
(Other Expenses)
   4
Operating loss: (633)(112)(106)
Nonoperating expense (7,978)(2,274)(0)
Interest and debt expense (7,978)(0)(0)
Loss from continuing operations before income taxes: (16,589)(2,386)(106)
Income tax benefit 41  
Loss before gain (loss) on sale of properties: (16,549)(2,386)(106)
Other undisclosed net income  0 
Net loss: (16,549)(2,386)(106)
Other undisclosed net income (loss) attributable to parent 7,938 (4)
Net loss available to common stockholders, diluted: (8,611)(2,386)(109)

Comprehensive Income ($ in thousands)

6/30/2017
TTM
12/31/2014
12/31/2013
12/31/2012
Net loss: (16,549)(2,386)(106)
Comprehensive loss, net of tax, attributable to parent: (16,549)(2,386)(106)

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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