Verity Corp (IFRS) financial statements (2021 and earlier)

Company profile

Business Address 387 CORONA ST.
DENVER, CO 80218
State of Incorp. DE
Fiscal Year End September 30
SIC 02 - Agriculture production livestock and animal specialties (benchmarking)
More info Complete financial analysis Financial benchmarking

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

6/30/2020
6/30/2019
9/30/2013
9/30/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments00958
Cash and cash equivalents00958
Receivables  1502
Inventory, net of allowances, customer advances and progress billings  5761
Inventory  5761
Prepaid expense  136
Other undisclosed current assets  17(1)
Total current assets:009749
Noncurrent Assets
Property, plant and equipment  3,45423
Other noncurrent assets  20
Investments and other noncurrent assets20 
Other undisclosed noncurrent assets  (20)(23)
Total noncurrent assets:  3,474 
TOTAL ASSETS:004,4489
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities103105210128
Accounts payable8896210128
Accrued liabilities15   
Interest and dividends payable 9  
Debt280215101 
Due to related parties4,0014,001  
Other undisclosed current liabilities 654,697368
Total current liabilities:4,3854,3865,008496
Noncurrent Liabilities
Other undisclosed noncurrent liabilities  2,442 
Total noncurrent liabilities:  2,442 
Total liabilities:4,3854,3867,450496
Stockholders' equity
Stockholders' equity attributable to parent, including:(4,385)(4,386)(3,003)(463)
Preferred stock   1
Common stock13139562
Additional paid in capital8,6788,678 2,259
Accumulated deficit(13,075)(13,077)(10,829)(3,235)
Other undisclosed stockholders' equity attributable to parent  7,817(49)
Stockholders' equity attributable to noncontrolling interest  (117)(49)
Other undisclosed stockholders' equity  117 
Total stockholders' equity:(4,385)(4,386)(3,003)(512)
Other undisclosed liabilities and equity   49
TOTAL LIABILITIES AND EQUITY:004,44834

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

6/30/2020
6/30/2019
9/30/2013
9/30/2012
Revenues  2,411480
Revenue, net2,411450
Cost of revenue
(Cost of Goods and Services Sold)
  (1,298)(123)
Other undisclosed gross profit  44 
Gross profit:  1,157356
Operating expenses(7)(18)(2,586)(784)
Operating loss:(7)(18)(1,428)(427)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
9(5)(50) 
Interest and debt expense  (232)158
Income (loss) from continuing operations before equity method investments, income taxes:1(22)(1,710)(269)
Other undisclosed income (loss) from continuing operations before income taxes  0(212)
Income (loss) before gain (loss) on sale of properties:1(22)(1,710)(482)
Other undisclosed net loss  (5,951) 
Net income (loss):1(22)(7,661)(482)
Net income attributable to noncontrolling interest  6831
Other undisclosed net loss attributable to parent   (172)
Net income (loss) available to common stockholders, diluted:1(22)(7,593)(623)

Comprehensive Income ($ in thousands)

6/30/2020
6/30/2019
9/30/2013
9/30/2012
Net income (loss):1(22)(7,661)(482)
Comprehensive income (loss):1(22)(7,661)(482)
Comprehensive loss, net of tax, attributable to noncontrolling interest  (68)(31)
Comprehensive income (loss), net of tax, attributable to parent:1(22)(7,730)(512)

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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