IFAN Financial, Inc . (IFAN) financial statements (2021 and earlier)

Company profile

Business Address 5694 MISSION CENTER ROAD
SAN DIEGO, CA 92108
State of Incorp. NV
Fiscal Year End August 31
SIC 239 - Miscellaneous Fabricated Textile Products (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

8/31/2015
8/31/2014
8/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments138 1
Cash and cash equivalents138 1
Prepaid expense957 
Other undisclosed current assets 30 
Total current assets:147871
Noncurrent Assets
Property, plant and equipment2  
Long-term investments and receivables100  
Accounts and financing receivable, after allowance for credit loss100  
Regulated entity, other noncurrent assets79  
Other noncurrent assets5  
Other undisclosed noncurrent assets4,688195 
Total noncurrent assets:4,874195 
TOTAL ASSETS:5,0212811
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:55  
Accrued liabilities379  
Employee-related liabilities233  
Other undisclosed accounts payable and accrued liabilities(557)  
Debt476  
Due to related parties282146 
Other liabilities 165 
Other undisclosed current liabilities634 31
Total current liabilities:1,44731131
Noncurrent Liabilities
Total liabilities:1,44731131
Stockholders' equity
Stockholders' equity attributable to parent, including:3,574(30)(30)
Preferred stock11 
Common stock84807
Additional paid in capital5,948(27)5
Accumulated deficit(2,460)(84) 
Other undisclosed stockholders' equity attributable to parent  (42)
Total stockholders' equity:3,574(30)(30)
TOTAL LIABILITIES AND EQUITY:5,0212811

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

8/31/2015
8/31/2014
8/31/2013
Operating expenses(2,349)(43)(19)
Operating loss:(2,349)(43)(19)
Interest and debt expense(28)  
Net loss:(2,378)(43)(19)
Net income attributable to noncontrolling interest 1,792 
Other undisclosed net income (loss) attributable to parent2(1,791) 
Net loss available to common stockholders, diluted:(2,376)(42)(19)

Comprehensive Income ($ in thousands)

8/31/2015
8/31/2014
8/31/2013
Net loss:(2,378)(43)(19)
Comprehensive loss:(2,378)(43)(19)
Comprehensive loss, net of tax, attributable to noncontrolling interest (1,792) 
Comprehensive loss, net of tax, attributable to parent:(2,378)(1,835)(19)

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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