Giggles N' Hugs Inc. (GIGL) financial statements (2021 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)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5813114533410871156
Cash and cash equivalents5813114533410871156
Inventory, net of allowances, customer advances and progress billings24252038374217
Inventory24252038374217
Prepaid expense   27106
Prepaid expense and other current assets247
Other undisclosed current assets222114 13  
Total current assets:104177179399169119420
Noncurrent Assets
Property, plant and equipment5087409941,7302,4382,6951,198
Intangible assets, net (including goodwill)    24
Intangible assets, net (excluding goodwill)    24  
Regulated entity, other noncurrent assets     68 
Other noncurrent assets3333366 
Other undisclosed noncurrent assets    (24)3933
Total noncurrent assets:5107439971,7622,5042,8021,231
TOTAL ASSETS:6149201,1752,1612,6722,9221,651
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,2459299409517631,152360
Accounts payable621678611554433850295
Accrued liabilities15725132939733030265
Employee-related liabilities467      
Debt5050 2055013055
Derivative instruments and hedges, liabilities  357    
Due to related parties4214222264892408
Deferred revenue and credits72452434146
Customer advances and deposits137   
Contract with customer, liability17
Other undisclosed current liabilities1173414322066285(0)
Total current liabilities:1,8511,8861,7752,0621,0101,447469
Noncurrent Liabilities
Long-term debt and lease obligation     322 
Long-term debt, excluding current maturities     322 
Liabilities, other than long-term debt3329521,4931,0631,8131,248 
Deferred revenue and credits9521,0821,0631,2041,248 
Deferred gain on sale of property332
Due to related parties  411 609  
Other undisclosed noncurrent liabilities433    542725
Total noncurrent liabilities:7669521,4931,0631,8132,112725
Other undisclosed liabilities   0   
Total liabilities:2,6172,8383,2683,1262,8233,5591,194
Stockholders' equity
Stockholders' equity attributable to parent, including:(2,002)(1,918)(2,093)(965)(151)(637)457
Common stock1681466842342423
Common stock, value, subscriptions294294219245668
Additional paid in capital10,4599,8758,2307,9706,3013,6543,358
Accumulated deficit(12,923)(12,232)(10,609)(9,222)(7,154)(4,796)(3,271)
Other undisclosed stockholders' equity attributable to parent     481347
Total stockholders' equity:(2,002)(1,918)(2,093)(965)(151)(637)457
TOTAL LIABILITIES AND EQUITY:6149201,1752,1612,6722,9221,651

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

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues2,4322,4543,0233,4523,3412,2611,349
Revenue, net2,4543,0233,4523,3412,2611,349
Cost of revenue(62)(91)(498)(113)(1,565)(995)(549)
Cost of goods and services sold    (1,402)(904)(543)
Financing interest expense(62)
Financial services costs(91)(498)(113)(162)(91)(6)
Gross profit:2,3702,3642,5263,3381,7761,266799
Operating expenses(3,060)(3,931)(3,954)(5,480)(3,329)(2,223)(1,130)
Other undisclosed operating income6291498113   
Operating loss:(628)(1,477)(930)(2,029)(1,553)(958)(330)
Nonoperating income    5,696 5
Debt instrument, convertible, beneficial conversion feature    12 5
Interest and debt expense (249)190(75)(111)(8)(0)
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)(325)
Income tax expense (benefit) (3)1(1)(2)(6) 
Net loss:(691)(1,622)(1,387)(2,069)(2,357)(1,525)(325)
Other undisclosed net loss attributable to parent      (1,772)
Net loss available to common stockholders, diluted:(691)(1,622)(1,387)(2,069)(2,357)(1,525)(2,097)

Comprehensive Income ($ in thousands)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net loss:(691)(1,622)(1,387)(2,069)(2,357)(1,525)(325)
Comprehensive loss, net of tax, attributable to parent:(691)(1,622)(1,387)(2,069)(2,357)(1,525)(325)

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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