HQDA Elderly Life Network Corp. (HQDA) financial statements (2021 and earlier)
Company profile
| Business Address |
8780 VALLEY BLVD., ROSEMEAD, CA 91770 |
| State of Incorp. | NV |
| Fiscal Year End | June 30 |
| SIC | 83 - Social Services (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2020 TTM | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | 6/30/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 150 | 120 | 351 | 9,701 | 3 | 0 | |||
| Cash and cash equivalents | 150 | 120 | 351 | 9,701 | 3 | 0 | |||
| Receivables | 136 | 195 | 575 | ||||||
| Prepaid expense | 7 | 0 | |||||||
| Other undisclosed current assets | 89 | 53 | 53 | 50 | |||||
| Total current assets: | 374 | 367 | 926 | 9,761 | 50 | 3 | 0 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 5,619 | 5,324 | 5,592 | 2 | |||||
| Deposits noncurrent assets | 20,397 | 19,663 | 21,042 | 18,233 | |||||
| Other undisclosed noncurrent assets | 45 | 147 | |||||||
| Total noncurrent assets: | 26,061 | 24,987 | 26,781 | 18,235 | |||||
| TOTAL ASSETS: | 26,435 | 25,354 | 27,707 | 27,996 | 50 | 3 | 0 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 114 | 92 | 113 | 8 | 16 | 16 | 9 | ||
| Taxes payable | 50 | ||||||||
| Other undisclosed accounts payable and accrued liabilities | 114 | 92 | 113 | 8 | 16 | (34) | 9 | ||
| Deferred revenue | 19 | ✕ | ✕ | ✕ | ✕ | ||||
| Estimated litigation liability | 1,800 | 1,210 | |||||||
| Due to related parties | 3,933 | 3,537 | 2,208 | ||||||
| Other undisclosed current liabilities | 28 | 1,983 | 50 | ||||||
| Total current liabilities: | 5,875 | 4,839 | 2,339 | 1,991 | 16 | 66 | 9 | ||
| Noncurrent Liabilities | |||||||||
| Other undisclosed noncurrent liabilities | 63 | ||||||||
| Total noncurrent liabilities: | 63 | ||||||||
| Total liabilities: | 5,938 | 4,839 | 2,339 | 1,991 | 16 | 66 | 9 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 20,497 | 20,515 | 25,368 | 26,004 | 34 | (63) | (8) | ||
| Common stock | 139 | 139 | 139 | 80 | 10 | 10 | 10 | ||
| Additional paid in capital | 29,720 | 29,720 | 29,720 | 9,264 | 1,086 | 1,019 | 925 | ||
| Accumulated other comprehensive loss | (697) | (1,235) | (1,138) | ||||||
| Accumulated deficit | (8,665) | (8,110) | (3,353) | (1,529) | (1,062) | (1,091) | (943) | ||
| Stockholders' equity note, subscriptions receivable | (18,190) | ✕ | ✕ | ||||||
| Other undisclosed stockholders' equity attributable to parent | 36,379 | ||||||||
| Total stockholders' equity: | 20,497 | 20,515 | 25,368 | 26,004 | 34 | (63) | (8) | ||
| TOTAL LIABILITIES AND EQUITY: | 26,435 | 25,354 | 27,707 | 27,996 | 50 | 3 | 0 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2020 TTM | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | 6/30/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 660 | 490 | 478 | 50 | ||||
| Cost of revenue (Financial Services Costs) | (12) | (10) | (15) | |||||
| Gross profit: | 660 | 490 | 478 | 38 | (10) | (15) | ||
| Operating expenses | (5,758) | (5,289) | (1,837) | (470) | 92 | (15) | (14) | |
| Operating income (loss): | (5,098) | (4,800) | (1,359) | (470) | 130 | (25) | (29) | |
| Nonoperating income (expense) | 4 | 43 | (464) | (0) | 1 | |||
| Foreign currency transaction gain (loss), before tax | (460) | (0) | 1 | |||||
| Other nonoperating income (expense) | 4 | 43 | (4) | |||||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 43 | |||||||
| Income (loss) from continuing operations before income taxes: | (5,051) | (4,757) | (1,823) | (470) | 130 | (25) | (28) | |
| Income tax expense (benefit) | 10 | (39) | ||||||
| Net income (loss): | (5,051) | (4,757) | (1,823) | (470) | 140 | (25) | (67) | |
| Other undisclosed net income (loss) attributable to parent | 2 | 3 | (110) | (123) | (49) | |||
| Net income (loss) available to common stockholders, diluted: | (5,049) | (4,757) | (1,823) | (467) | 29 | (148) | (116) | |
Comprehensive Income ($ in thousands)
| 12/31/2020 TTM | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | 6/30/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (5,051) | (4,757) | (1,823) | (470) | 140 | (25) | (67) | |
| Other comprehensive income | 2,962 | |||||||
| Comprehensive income (loss): | (5,051) | (4,757) | 1,138 | (470) | 140 | (25) | (67) | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 632 | (96) | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (4,418) | (4,853) | 1,138 | (470) | 140 | (25) | (67) | |
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.