Occidental Development Group Inc (ILVG) financial statements (2021 and earlier)

Company profile

Business Address 256 S. ROBERTSON BLVD
BEVERLY HILLS, CA 90211
State of Incorp. NV
Fiscal Year End May 31
SIC 7359 - Equipment Rental and Leasing, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

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

5/31/2015
5/31/2014
5/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2223
Cash and cash equivalents2223
Inventory, net of allowances, customer advances and progress billings 542
Inventory 542
Prepaid expense  0
Other undisclosed current assets (54)1
Total current assets:2226
Noncurrent Assets
Property, plant and equipment3153155
Other undisclosed noncurrent assets (315) 
Total noncurrent assets:315 5
TOTAL ASSETS:317231
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 514274
Accounts payable 5585
Accrued liabilities 198189
Interest and dividends payable 260 
Debt 542364
Due to related parties 18 
Other undisclosed current liabilities 227834
Total current liabilities: 1,3001,472
Noncurrent Liabilities
Long-term debt and lease obligation  620
Long-term debt, excluding current maturities  620
Total noncurrent liabilities:  620
Total liabilities: 1,3002,092
Stockholders' equity
Stockholders' equity attributable to parent, including:(16,782)(1,298)(2,061)
Common stock 764
Common stock, share subscribed but unissued, subscriptions receivable (56) 
Additional paid in capital 15,80613,893
Accumulated other comprehensive loss (780)(86)
Accumulated deficit(16,782)(16,457)(15,872)
Other undisclosed stockholders' equity attributable to parent 112 
Total stockholders' equity:(16,782)(1,298)(2,061)
TOTAL LIABILITIES AND EQUITY:(16,782)231

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

5/31/2015
5/31/2014
5/31/2013
Revenues  33
Cost of revenue  (17)
Gross profit:  16
Operating expenses(286)(516)(475)
Other undisclosed operating income39194 
Operating loss:(286)(516)(459)
Nonoperating expense (693)(162)
Foreign currency transaction loss, before tax (693) 
Other nonoperating expense  (162)
Interest and debt expense39(4) 
Loss from continuing operations:(248)(1,213)(621)
Income from discontinued operations 28 
Loss before gain (loss) on sale of properties:(248)(1,185)(621)
Other undisclosed net income (loss)(77)600 
Net loss available to common stockholders, diluted:(325)(585)(621)

Comprehensive Income ($ in thousands)

5/31/2015
5/31/2014
5/31/2013
Net loss:(325)(585)(621)
Other comprehensive loss(325)  
Comprehensive loss:(650)(585)(621)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (693)1,240
Comprehensive income (loss), net of tax, attributable to parent:(650)(1,278)619

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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