Las Vegas Xpress, Inc. (LVXI) financial statements (2020 and earlier)

Company profile

Business Address 9480 S EASTERN AVE
LAS VEGAS, NV 89123
State of Incorp. NV
Fiscal Year End December 31
SIC 47 - Transportation Services (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments357
Cash and cash equivalents357
Deposits current assets 0
Total current assets:357
Noncurrent Assets
Property, plant and equipment 125
Total noncurrent assets: 125
TOTAL ASSETS:3182
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,209350
Accounts payable5744
Accrued liabilities2,152 
Interest and dividends payable 306
Debt40246
Derivative instruments and hedges, liabilities337 
Due to related parties491379
Other undisclosed current liabilities21,790
Total current liabilities:3,4402,565
Noncurrent Liabilities
Total liabilities:3,4402,565
Stockholders' equity
Stockholders' equity attributable to parent(3,437)(2,383)
Preferred stock00
Common stock76
Additional paid in capital19,37512,963
Accumulated deficit(22,820)(15,352)
Other undisclosed stockholders' equity0 
Total stockholders' equity:(3,437)(2,383)
TOTAL LIABILITIES AND EQUITY:3182

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

12/31/2018
12/31/2017
Revenues1352
Cost of revenue
(Cost of Goods and Services Sold)
(9) 
Other undisclosed gross profit (62)
Gross profit:4(9)
Operating expenses(7,050)(4,854)
Operating loss:(7,046)(4,863)
Nonoperating expense
(Other Nonoperating expense)
(423) 
Interest and debt expense(959)1,186
Net loss:(8,427)(3,677)
Other undisclosed net income (loss) attributable to parent959(3,708)
Net loss available to common stockholders, diluted:(7,468)(7,385)

Comprehensive Income ($ in thousands)

12/31/2018
12/31/2017
Net loss:(8,427)(3,677)
Comprehensive loss, net of tax, attributable to parent:(8,427)(3,677)

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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