HQDA Elderly Life Network Corp. (HQDA) Financial Statements (2023 and Earlier)
Company Profile
| Business Address |
8780 VALLEY BLVD., ROSEMEAD, CA 91770 |
| State of Incorp. | NV |
| Fiscal Year End | June 30 |
| Industry (SIC) | 83 - Social Services (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2021 TTM | 6/30/2021 | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 19 | 28 | 120 | 351 | 9,701 | 3 | |||
| Cash and cash equivalents | 19 | 28 | 120 | 351 | 9,701 | 3 | |||
| Receivables | 60 | 44 | 195 | 575 | |||||
| Prepaid expense | 7 | 0 | |||||||
| Other undisclosed current assets | 23 | 34 | 53 | 53 | 50 | ||||
| Total current assets: | 101 | 106 | 367 | 926 | 9,761 | 50 | 3 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 73 | ✕ | ✕ | ✕ | ✕ | ||||
| Property, plant and equipment | 5,690 | 5,714 | 5,324 | 5,592 | 2 | ||||
| Deposits noncurrent assets | 20,732 | 20,598 | 19,663 | 21,042 | 18,233 | ||||
| Other undisclosed noncurrent assets | 147 | ||||||||
| Total noncurrent assets: | 26,422 | 26,385 | 24,987 | 26,781 | 18,235 | ||||
| TOTAL ASSETS: | 26,523 | 26,491 | 25,354 | 27,707 | 27,996 | 50 | 3 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 141 | 95 | 92 | 113 | 8 | 16 | 16 | ||
| Taxes payable | 50 | ||||||||
| Settlement liabilities | 13 | 40 | |||||||
| Other undisclosed accounts payable and accrued liabilities | 128 | 55 | 92 | 113 | 8 | 16 | (34) | ||
| Deferred revenue | 53 | 108 | 19 | ✕ | ✕ | ✕ | |||
| Estimated litigation liability | 2,737 | 2,315 | 1,210 | ||||||
| Due to related parties | 3,814 | 3,869 | 3,537 | 2,208 | |||||
| Other undisclosed current liabilities | 64 | 1,983 | 50 | ||||||
| Total current liabilities: | 6,745 | 6,452 | 4,839 | 2,339 | 1,991 | 16 | 66 | ||
| Noncurrent Liabilities | |||||||||
| Other undisclosed noncurrent liabilities | 123 | ||||||||
| Total noncurrent liabilities: | 123 | ||||||||
| Other undisclosed liabilities | 224 | ||||||||
| Total liabilities: | 6,968 | 6,574 | 4,839 | 2,339 | 1,991 | 16 | 66 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 19,555 | 19,917 | 20,515 | 25,368 | 26,004 | 34 | (63) | ||
| Common stock | 139 | 139 | 139 | 139 | 80 | 10 | 10 | ||
| Additional paid in capital | 29,720 | 29,720 | 29,720 | 29,720 | 9,264 | 1,086 | 1,019 | ||
| Accumulated other comprehensive loss | (506) | (590) | (1,235) | (1,138) | |||||
| Accumulated deficit | (9,798) | (9,352) | (8,110) | (3,353) | (1,529) | (1,062) | (1,091) | ||
| Stockholders' equity note, subscriptions receivable | (18,190) | ✕ | |||||||
| Other undisclosed stockholders' equity attributable to parent | 36,379 | ||||||||
| Total stockholders' equity: | 19,555 | 19,917 | 20,515 | 25,368 | 26,004 | 34 | (63) | ||
| TOTAL LIABILITIES AND EQUITY: | 26,523 | 26,491 | 25,354 | 27,707 | 27,996 | 50 | 3 | ||
Income Statement (P&L) ($ in thousands)
| 12/31/2021 TTM | 6/30/2021 | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 756 | 839 | 490 | 478 | 50 | |||
| Cost of revenue | (42) | (12) | (10) | |||||
| Cost of goods and services sold | (42) | |||||||
| Financial services costs | ✕ | ✕ | ✕ | ✕ | (12) | (10) | ||
| Gross profit: | 714 | 839 | 490 | 478 | 38 | (10) | ||
| Operating expenses | (943) | (1,061) | (5,289) | (1,837) | (470) | 92 | (15) | |
| Other undisclosed operating income | 42 | |||||||
| Operating income (loss): | (187) | (222) | (4,800) | (1,359) | (470) | 130 | (25) | |
| Nonoperating income (expense) | (1,420) | (1,019) | 43 | (464) | (0) | |||
| Foreign currency transaction loss, before tax | (460) | (0) | ||||||
| Other nonoperating income (expense) | (52) | (67) | 43 | (4) | ||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (2) | (2) | ||||||
| Income (loss) from continuing operations before income taxes: | (1,609) | (1,243) | (4,757) | (1,823) | (470) | 130 | (25) | |
| Income tax benefit | 1 | 10 | ||||||
| Other undisclosed income from continuing operations | 1 | |||||||
| Net income (loss): | (1,608) | (1,242) | (4,757) | (1,823) | (470) | 140 | (25) | |
| Other undisclosed net income (loss) attributable to parent | 475 | 3 | (110) | (123) | ||||
| Net income (loss) available to common stockholders, diluted: | (1,133) | (1,242) | (4,757) | (1,823) | (467) | 29 | (148) | |
Comprehensive Income ($ in thousands)
| 12/31/2021 TTM | 6/30/2021 | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (1,608) | (1,242) | (4,757) | (1,823) | (470) | 140 | (25) | |
| Other comprehensive income | 2,962 | |||||||
| Comprehensive income (loss): | (1,608) | (1,242) | (4,757) | 1,138 | (470) | 140 | (25) | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 666 | 644 | (96) | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | (942) | (598) | (4,853) | 1,138 | (470) | 140 | (25) | |
Statements Sources
The financial statements are based on the Company's filings with 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.