Greenkraft Inc (GKIT) financial statements (2021 and earlier)

Company profile

Business Address 2530 S. BIRCH STREET
SANTA ANA, CA 92797
State of Incorp. NV
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)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
4/30/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments24183792,2622,1145830
Cash and cash equivalents24183792,2622,1145830
Restricted cash and investments   1,5061,502  
Receivables   324200  
Inventory, net of allowances, customer advances and progress billings1,8061,4961,3551,4522,6262,216
Inventory1,8061,4961,3551,4522,6262,216 
Prepaid expense      1
Deferred costs    19  
Deferred rent asset 1     
Deposits current assets     219 
Other undisclosed current assets451248    
Total current assets:1,8342,0271,7825,5446,4613,0181
Noncurrent Assets
Inventory, Noncurrent  1622   
Property, plant and equipment1546374829388 
Other undisclosed noncurrent assets  539    
Total noncurrent assets:154636137049388 
TOTAL ASSETS:1,9882,0902,3956,2486,5533,1051
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities115  1,3492074542
Accounts payable3  1,2491233942
Accrued liabilities112  1008559 
Debt24624881,9992,0001,606 
Deferred rent credit1
Due to related parties2501301,9021,9021,9021,917 
Other liabilities75  7575  
Other undisclosed current liabilities4766832,9332,6453,4251,151 
Total current liabilities:1,1621,0614,8437,9707,6085,1272
Noncurrent Liabilities
Long-term debt and lease obligation7041,902     
Long-term debt, excluding current maturities7041,902     
Liabilities, other than long-term debt8 8    
Deferred revenue and credits 8    
Deferred rent credit8
Other undisclosed noncurrent liabilities2,7181,748     
Total noncurrent liabilities:3,4303,6508    
Other undisclosed liabilities      22
Total liabilities:4,5934,7114,8517,9707,6085,12724
Stockholders' equity
Stockholders' equity attributable to parent, including:(2,605)(2,621)(2,456)(1,722)(1,055)(2,022)(23)
Common stock105103968989853
Additional paid in capital4,8134,1063,2453,1943,1221,050192
Accumulated deficit(7,523)(6,830)(5,798)(5,005)(4,266)  
Other undisclosed stockholders' equity attributable to parent     (3,157)(219)
Total stockholders' equity:(2,605)(2,621)(2,456)(1,722)(1,055)(2,022)(23)
TOTAL LIABILITIES AND EQUITY:1,9882,0902,3956,2486,5533,1051

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

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
4/30/2013
Revenues4341,15384712,3402,4962,182 
Revenue, net  12,3402,4962,182 
Cost of revenue(397)(765)(688)(12,029)(2,464)(1,416) 
Cost of goods and services sold(3)    (1,416) 
Gross profit:3738815931232766 
Operating expenses(224) (936)(943)(1,054)(3,349)(11)
Other undisclosed operating income (loss)(325)(1,420)  111,416 
Operating loss:(511)(1,032)(777)(631)(1,011)(1,167)(11)
Nonoperating income (expense)(182)(0)(16)52  
Investment income, nonoperating 0152  
Interest and debt expense(182)016(112)(100)(58) 
Loss from continuing operations before equity method investments, income taxes:(875)(1,032)(777)(739)(1,109)(1,225)(11)
Other undisclosed income from continuing operations before income taxes      21
Income (loss) before gain (loss) on sale of properties:(875)(1,032)(777)(739)(1,109)(1,225)11
Other undisclosed net loss  (16)    
Net income (loss):(875)(1,032)(793)(739)(1,109)(1,225)11
Other undisclosed net income (loss) attributable to parent182(0)   0(19)
Net loss available to common stockholders, diluted:(693)(1,032)(793)(739)(1,109)(1,225)(9)

Comprehensive Income ($ in thousands)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
4/30/2013
Net income (loss):(875)(1,032)(793)(739)(1,109)(1,225)11
Comprehensive income (loss), net of tax, attributable to parent:(875)(1,032)(793)(739)(1,109)(1,225)11

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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