Green Automotive CO (GACR) financial statements (2022 and earlier)

Company profile

Business Address 23 CORPORATE PLACE
NEWPORT BEACH, CA 92660
State of Incorp.
Fiscal Year End December 31
SIC 3711 - Motor Vehicles and Passenger Car Bodies (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments6287
Cash and cash equivalents6287
Receivables154163
Inventory, net of allowances, customer advances and progress billings293
Inventory293 
Prepaid expense586
Prepaid expense and other current assets38
Other current assets5
Other undisclosed current assets12011
Total current assets:1,218300
Noncurrent Assets
Property, plant and equipment608164
Intangible assets, net (including goodwill), including:3,7343,734
Intangible assets, net (excluding goodwill)(4,352)(3,582)
Other undisclosed intangible assets, net (including goodwill)8,0867,316
Deferred costs60 
Other undisclosed noncurrent assets(3,734)(3,734)
Total noncurrent assets:668164
TOTAL ASSETS:1,887464
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1,717872
Taxes payable16340
Accounts payable and other accrued liabilities171104
Other undisclosed accounts payable and accrued liabilities1,384728
Debt95589
Deferred revenue and credits18307
Other liabilities17727
Other undisclosed current liabilities72,47980,387
Total current liabilities:75,34681,683
Noncurrent Liabilities
Long-term debt and lease obligation204385
Long-term debt, excluding current maturities204385
Liabilities, other than long-term debt486 
Due to related parties486 
Other undisclosed noncurrent liabilities(486) 
Total noncurrent liabilities:204385
Total liabilities:75,55082,067
Stockholders' equity
Stockholders' equity attributable to parent, including:(73,663)(81,603)
Preferred stock1 
Common stock405325
Additional paid in capital37,02012,710
Accumulated other comprehensive loss(198)(111)
Accumulated deficit(110,890)(94,528)
Other undisclosed stockholders' equity attributable to parent 1
Total stockholders' equity:(73,663)(81,603)
TOTAL LIABILITIES AND EQUITY:1,887464

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

12/31/2013
12/31/2012
Revenues3,026321
Cost of revenue
(Cost of Goods and Services Sold)
(1,944)(75)
Other undisclosed gross profit(0) 
Gross profit:1,082245
Operating expenses(14,121)(10,027)
Other operating expense, net(3,322)(74,766)
Other undisclosed operating income3,32274,766
Operating loss:(13,040)(9,781)
Nonoperating income (expense)(11,166)134
Debt instrument, convertible, beneficial conversion feature(11,358)134
Interest and debt expense(476)(113)
Net loss:(24,682)(9,760)
Other undisclosed net income (loss) attributable to parent8,320(74,788)
Net loss attributable to parent:(16,362)(84,548)
Preferred stock dividends and other adjustments0(150)
Net loss available to common stockholders, diluted:(16,362)(84,698)

Comprehensive Income ($ in thousands)

12/31/2013
12/31/2012
Net loss:(24,682)(9,760)
Comprehensive loss, net of tax, attributable to parent:(24,682)(9,760)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: