Maiden Lane Jewelry, Ltd. (MDNL) financial statements (2020 and earlier)

Company profile

Business Address 64 WEST 48TH STREET, SUITE 1107
NEW YORK, NY 10036
State of Incorp. NY
Fiscal Year End May 31
SIC 3911 - Jewelry, Precious Metal (benchmarking)
More info Complete financial analysis Financial benchmarking

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

5/31/2015
5/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4215
Cash and cash equivalents4215
Receivables3,9911,594
Inventory, net of allowances, customer advances and progress billings2,5892,095
Inventory2,5892,095
Prepaid expense18764
Other undisclosed current assets12286
Total current assets:6,9323,854
Noncurrent Assets
Property, plant and equipment4710
Other undisclosed noncurrent assets22
Total noncurrent assets:4912
TOTAL ASSETS:6,9813,866
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,0881,945
Accounts payable2,0091,896
Accrued liabilities3049
Taxes payable49 
Debt2,242826
Due to related parties797360
Other undisclosed current liabilities7433
Total current liabilities:5,2013,164
Noncurrent Liabilities
Long-term debt and lease obligation28874
Long-term debt, excluding current maturities28874
Liabilities, other than long-term debt600 
Due to related parties600 
Total noncurrent liabilities:88874
Total liabilities:6,0903,238
Stockholders' equity
Stockholders' equity attributable to parent891628
Common stock11
Additional paid in capital1,205896
Accumulated deficit(315)(269)
Total stockholders' equity:891628
TOTAL LIABILITIES AND EQUITY:6,9813,866

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

5/31/2015
5/31/2014
Revenues
(Revenue, Net)
8,8535,409
Cost of revenue(7,634)(5,707)
Cost of goods and services sold(6,638)(4,304)
Gross profit:1,219(298)
Operating expenses(966)(64)
Operating income (loss):253(362)
Nonoperating expense(282) 
Interest and debt expense(225)(64)
Loss from continuing operations before equity method investments, income taxes:(254)(427)
Other undisclosed income from continuing operations before income taxes225 
Loss from continuing operations before income taxes:(29)(427)
Income tax expense (benefit)(18)71
Net loss available to common stockholders, diluted:(47)(356)

Comprehensive Income ($ in thousands)

5/31/2015
5/31/2014
Net loss:(47)(356)
Comprehensive loss, net of tax, attributable to parent:(47)(356)

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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