Leet Technology Inc. (LTES) Financial Statements (2024 and earlier)

Company Profile

Business Address 805, 8TH FLOOR, MENARA MUTIARA MAJESTIC
SELANGOR, 46000
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 7372 - Prepackaged Software (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments37233991132
Cash and cash equivalents37233991132
Receivables157202121529
Prepaid expense    113
Deposits current assets12253   
Total current assets:2056863113763
Noncurrent Assets
Operating lease, right-of-use asset 983 
Property, plant and equipment1231538   
Intangible assets, net (including goodwill)   540   
Intangible assets, net (excluding goodwill)   540   
Deposits noncurrent assets    66 
Other undisclosed noncurrent assets      5
Total noncurrent assets:133161551665
TOTAL ASSETS:3382306141201469
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities9105899065883138
Interest and dividends payable  161735
Taxes payable  766
Accounts payable5305375400 40
Accrued liabilities38052366366057
Deferred revenue271   
Debt 100  6711860
Derivative instruments and hedges, liabilities    302312
Due to related parties 4,0362,2343842945
Contract with customer, liability92184
Other undisclosed current liabilities1,5803723796220146
Total current liabilities:2,8604,9963,1441,335564586
Noncurrent Liabilities
Long-term debt and lease obligation  3 111821
Long-term debt, excluding current maturities    111821
Liabilities, other than long-term debt    2,0202,020839
Due to related parties   2,0202,020839
Operating lease, liability  3  
Other undisclosed noncurrent liabilities  (3)  144
Total noncurrent liabilities:  3 2,0312,052864
Other undisclosed liabilities    (30)  
Total liabilities:2,8604,9993,1443,3362,6161,450
Temporary equity, carrying amount5,285     
Equity
Equity, attributable to parent, including:(7,804)(4,769)(2,530)(3,247)(2,603)(1,381)
Preferred stock0 110211
Common stock151514333
Additional paid in capital2,7733,06393,5143,4902,912
Accumulated other comprehensive income (loss)(14)(13)(76)   
Accumulated deficit(10,578)(7,835)(2,478)(6,866)(6,096)(4,297)
Other undisclosed equity, attributable to parent (0)0    
Equity, attributable to noncontrolling interest(3)     
Other undisclosed equity    30  
Total equity:(7,807)(4,769)(2,530)(3,217)(2,603)(1,381)
TOTAL LIABILITIES AND EQUITY:3382306141201469

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

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues15263735359421,235
Other income  117  309
Cost of revenue(927)(589) (14)(119)(161)
Gross profit:(775)(526)735208241,075
Operating expenses(1,728)(4,832)(936)(690)(1,810)(2,602)
Operating loss:(2,503)(5,358)(863)(169)(986)(1,527)
Nonoperating income (expense)(150)  (599)(812)(1,180)
Gain, foreign currency transaction, before tax      
Other nonoperating expense     (812)(1,180)
Interest and debt expense(3)  55312(305)
Other undisclosed loss from continuing operations before equity method investments, income taxes      
Loss from continuing operations before equity method investments, income taxes:(2,656)(5,358)(863)(713)(1,487)(3,013)
Other undisclosed income (loss) from continuing operations before income taxes3117(55)(312)305
Loss from continuing operations before income taxes:(2,653)(5,357)(846)(768)(1,799)(2,708)
Income tax expense    (2)(1)(2)
Loss from continuing operations:(2,653)(5,357)(846)(770)(1,800)(2,709)
Loss before gain (loss) on sale of properties:(5,357)(846)(770)(1,800)(2,709)
Net loss:(2,653)(5,357)(846)(770)(1,800)(2,709)
Net income attributable to noncontrolling interest4     
Other undisclosed net income attributable to parent      
Net loss available to common stockholders, diluted:(2,649)(5,357)(846)(770)(1,800)(2,709)

Comprehensive Income ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net loss:(2,653)(5,357)(846)(770)(1,800)(2,709)
Comprehensive loss:(2,653)(5,357)(846)(770)(1,800)(2,709)
Comprehensive income, net of tax, attributable to noncontrolling interest4     
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(5)64(55)   
Comprehensive loss, net of tax, attributable to parent:(2,654)(5,293)(901)(770)(1,800)(2,709)

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.

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