Giggles N' Hugs Inc. (GIGL) financial statements (2020 and earlier)

Company profile

Business Address 3222 GLENDALE GALLERIA WAY
GLENDALE, CA 91210
State of Incorp. NV
Fiscal Year End December 31
SIC 581 - Eating And Drinking Places (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 investments 5813114533410871
Cash and cash equivalents 5813114533410871
Inventory, net of allowances, customer advances and progress billings 242520383742
Inventory 242520383742
Prepaid expense    27106
Other undisclosed current assets 222114 13 
Total current assets: 104177179399169119
Noncurrent Assets
Property, plant and equipment 5087409941,7302,4382,695
Intangible assets, net (including goodwill)     24
Intangible assets, net (excluding goodwill)     24 
Regulated entity, other noncurrent assets      68
Other noncurrent assets 3333366 
Other undisclosed noncurrent assets     (24)39
Total noncurrent assets: 5107439971,7622,5042,802
TOTAL ASSETS: 6149201,1752,1612,6722,922
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 1,2459299409517631,152
Accounts payable 621678611554433850
Accrued liabilities 157251329397330302
Employee-related liabilities 467     
Debt 5050 20550130
Derivative instruments and hedges, liabilities   357   
Due to related parties 421422226489240
Deferred revenue and credits724524341
Customer advances and deposits137   
Contract with customer, liability17
Other undisclosed current liabilities 1173414322066285
Total current liabilities: 1,8511,8861,7752,0621,0101,447
Noncurrent Liabilities
Long-term debt and lease obligation      322
Long-term debt, excluding current maturities      322
Liabilities, other than long-term debt 3329521,4931,0631,8131,248
Deferred revenue and credits9521,0821,0631,2041,248
Deferred gain on sale of property 332
Due to related parties   411 609 
Other undisclosed noncurrent liabilities 433    542
Total noncurrent liabilities: 7669521,4931,0631,8132,112
Other undisclosed liabilities    0  
Total liabilities: 2,6172,8383,2683,1262,8233,559
Stockholders' equity
Stockholders' equity attributable to parent, including: (2,002)(1,918)(2,093)(965)(151)(637)
Common stock 16814668423424
Common stock, value, subscriptions 294294219245668
Additional paid in capital 10,4599,8758,2307,9706,3013,654
Accumulated deficit (12,923)(12,232)(10,609)(9,222)(7,154)(4,796)
Other undisclosed stockholders' equity attributable to parent      481
Total stockholders' equity: (2,002)(1,918)(2,093)(965)(151)(637)
TOTAL LIABILITIES AND EQUITY: 6149201,1752,1612,6722,922

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
Revenues 2,4322,4543,0233,4523,3412,261
Revenue, net2,4543,0233,4523,3412,261
Cost of revenue (62)(91)(498)(113)(1,565)(995)
Cost of goods and services sold     (1,402)(904)
Financing interest expense (62)
Financial services costs(91)(498)(113)(162)(91)
Gross profit: 2,3702,3642,5263,3381,7761,266
Operating expenses (3,060)(3,931)(3,954)(5,480)(3,329)(2,223)
Other undisclosed operating income 6291498113  
Operating loss: (628)(1,477)(930)(2,029)(1,553)(958)
Nonoperating income     5,696 
Interest and debt expense  (249)190(75)(111)(8)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes (63)107(647)36(6,387)(554)
Loss from continuing operations before income taxes: (691)(1,620)(1,388)(2,067)(2,355)(1,520)
Income tax expense (benefit)  (3)1(1)(2)(6)
Net loss available to common stockholders, diluted: (691)(1,622)(1,387)(2,069)(2,357)(1,525)

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 loss: (691)(1,622)(1,387)(2,069)(2,357)(1,525)
Comprehensive loss, net of tax, attributable to parent: (691)(1,622)(1,387)(2,069)(2,357)(1,525)

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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