LiquidValue Development Inc. (LVDW) financial statements (2022 and earlier)

Company profile

Business Address 4800 MONTGOMERY LANE
BETHESDA, MD 20814
State of Incorp. NV
Fiscal Year End December 31
SIC 65 - Real Estate (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments7,4568,1045,40371635832
Cash and cash equivalents7,4568,1045,40371635832
Receivables47     
Total current assets:7,5038,1045,40371635832
Noncurrent Assets
Operating lease, right-of-use asset192 87
Inventory, real estate8,069     
Property, plant and equipment6,60442822 
Long-term investments and receivables24,941     
Long-term investments24,941     
Total noncurrent assets:39,806489822 
Other undisclosed assets87221,11225,29345,47257,786 
TOTAL ASSETS:48,18029,22030,78546,19658,16732
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 5647841,7491,13140
Other undisclosed accounts payable and accrued liabilities 5647841,7491,13140
Total current liabilities: 5647841,7491,13140
Noncurrent Liabilities
Long-term debt and lease obligation199     
Operating lease, liability199  
Liabilities, other than long-term debt19,918     
Due to related parties19,918     
Total noncurrent liabilities:20,118     
Other undisclosed liabilities3,1612,1273,28211,98423,430 
Total liabilities:23,2792,6914,06513,73324,56140
Stockholders' equity
Stockholders' equity attributable to parent24,85024,61424,44529,57631,350(8)
Common stock70470470470470474
Additional paid in capital32,54332,54332,54332,54332,739101
Accumulated deficit(8,397)(8,633)(8,802)(3,671)(2,093)(183)
Stockholders' equity attributable to noncontrolling interest521,9152,2752,8872,255 
Total stockholders' equity:24,90126,52926,72032,46333,605(8)
TOTAL LIABILITIES AND EQUITY:48,18029,22030,78546,19658,16732

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues14,21315,65722,85517,6756,957 
Revenue, net6,869 
Cost of revenue(11,551)(14,326)(20,364)(15,641)  
Gross profit:2,6621,3312,4912,0346,957 
Operating expenses(1,498)(15,512)(27,147)(18,794)(7,336) 
Other operating expense, net
(Other Expenses)
     (55)
Other undisclosed operating income 14,32620,36415,641  
Operating income (loss):1,164145(4,291)(1,119)(379)(55)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(150)85    
Interest and debt expense   (3,928)(10,865) 
Income (loss) from continuing operations before equity method investments, income taxes:1,014230(4,291)(5,048)(11,244)(55)
Other undisclosed income from continuing operations before income taxes  483,96510,994 
Income (loss) from continuing operations before income taxes:1,014230(4,243)(1,082)(250)(55)
Income tax expense(92)(10)(431)   
Other undisclosed income (loss) from continuing operations(686)(51)(457)(496)23 
Income (loss) before gain (loss) on sale of properties:236169(5,131)(1,578)(227)(55)
Other undisclosed net income (loss) 51457496(23) 
Net income (loss):236220(4,674)(1,082)(250)(55)
Net income (loss) attributable to noncontrolling interest(686)(51)(457)(496)23 
Other undisclosed net income (loss) attributable to parent1,37351457496(23) 
Net income (loss) available to common stockholders, diluted:922220(4,674)(1,082)(250)(55)

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net income (loss):236220(4,674)(1,082)(250)(55)
Comprehensive income (loss):236220(4,674)(1,082)(250)(55)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(686)(51)(457)(496)23 
Comprehensive income (loss), net of tax, attributable to parent:(451)169(5,131)(1,578)(227)(55)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: