Moregain Pictures, Inc. (MGPC) financial statements (2020 and earlier)

Company profile

Business Address 120 S VICTORY BLVD.
BURBANK, CA 91502
State of Incorp.
Fiscal Year End June 30
SIC 677 - Blank Checks (benchmarking)
More info Complete financial analysis Financial benchmarking

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

6/30/2018
6/30/2017
6/30/2016
6/30/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1960501
Cash and cash equivalents1960501
Prepaid expense228 
Total current assets:2061581
Noncurrent Assets
Property, plant and equipment11  
Prepaid expense   0
Deposits noncurrent assets  64 
Total noncurrent assets:11640
Other undisclosed assets  2 
TOTAL ASSETS:21631241
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities3652341
Accounts payable3652341
Debt70   
Due to related parties  344 
Total current liabilities:106523781
Noncurrent Liabilities
Total liabilities:106523781
Stockholders' equity
Stockholders' equity attributable to parent(85)11(254)1
Common stock7755
Additional paid in capital1,029863323283
Accumulated deficit(1,121)(859)(581)(286)
Total stockholders' equity:(85)11(254)1
TOTAL LIABILITIES AND EQUITY:21631241

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

6/30/2018
6/30/2017
6/30/2016
6/30/2015
Operating expenses(261)(79)(280)(34)
Other undisclosed operating loss(5)   
Operating loss:(261)(79)(280)(34)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
0(199)(15) 
Interest and debt expense (185)(15) 
Net loss:(261)(463)(310)(34)
Other undisclosed net income attributable to parent 18515 
Net loss available to common stockholders, diluted:(261)(278)(295)(34)

Comprehensive Income ($ in thousands)

6/30/2018
6/30/2017
6/30/2016
6/30/2015
Net loss:(261)(463)(310)(34)
Comprehensive loss, net of tax, attributable to parent:(261)(463)(310)(34)

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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