Mitesco, Inc. (MITI) financial statements (2022 and earlier)
Company profile
| Business Address |
1660 HIGHWAY 100 SOUTH ST. LOUIS PARK, MN 55416 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 6199 - Finance Services (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 65 | 83 | 1 | 28 | |||||
| Cash and cash equivalents | 65 | 83 | 1 | 28 | |||||
| Prepaid expense | 10 | 3 | |||||||
| Other undisclosed current assets | 2 | 17 | |||||||
| Total current assets: | 65 | 93 | 4 | 2 | 45 | ||||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 310 | ✕ | ✕ | ✕ | ✕ | ||||
| Property, plant and equipment | 6 | 8 | |||||||
| Other undisclosed noncurrent assets | 417 | ||||||||
| Total noncurrent assets: | 734 | 8 | |||||||
| TOTAL ASSETS: | 799 | 101 | 4 | 2 | 45 | ||||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 245 | 119 | 972 | 965 | 428 | ||||
| Accounts payable | 794 | 766 | 414 | ||||||
| Accrued liabilities | 26 | 117 | 148 | 13 | |||||
| Employee-related liabilities | 245 | 93 | |||||||
| Interest and dividends payable | 60 | 51 | |||||||
| Debt | 460 | 77 | 30 | 60 | 256 | 122 | |||
| Derivative instruments and hedges, liabilities | 808 | 1,488 | |||||||
| Estimated litigation liability | 242 | ||||||||
| Due to related parties | 14 | 91 | 107 | ||||||
| Other liabilities | 95 | ||||||||
| Other undisclosed current liabilities | 1,420 | 735 | 277 | 271 | 705 | 15 | |||
| Total current liabilities: | 3,029 | 2,419 | 1,535 | 1,387 | 1,068 | 565 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 312 | 123 | |||||||
| Long-term debt, excluding current maturities | 123 | ||||||||
| Operating lease, liability | 312 | ✕ | ✕ | ✕ | ✕ | ||||
| Other undisclosed noncurrent liabilities | (312) | ||||||||
| Total noncurrent liabilities: | 312 | 123 | |||||||
| Total liabilities: | 3,341 | 2,419 | 1,658 | 1,387 | 1,068 | 565 | |||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | (2,542) | (2,318) | (1,654) | (1,387) | (1,066) | (520) | |||
| Preferred stock | 0 | ||||||||
| Common stock | 1,554 | 813 | 316 | 189 | 174 | 118 | |||
| Common stock, value, subscriptions | 10 | ||||||||
| Additional paid in capital | 10,341 | 8,408 | 5,684 | 4,660 | 4,262 | 4 | |||
| Accumulated deficit | (14,437) | (11,577) | (7,691) | (6,276) | (5,522) | (641) | |||
| Other undisclosed stockholders' equity attributable to parent | 0 | 37 | 37 | 30 | 20 | ||||
| Total stockholders' equity: | (2,542) | (2,318) | (1,654) | (1,387) | (1,066) | (520) | |||
| TOTAL LIABILITIES AND EQUITY: | 799 | 101 | 4 | 2 | 45 | ||||
Income statement (P&L) ($ in thousands)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 4 | |||||||
| Gross profit: | 4 | |||||||
| Operating expenses | (2,534) | (1,448) | (1,316) | (700) | (4,405) | (65) | ||
| Operating loss: | (2,534) | (1,444) | (1,316) | (700) | (4,405) | (65) | ||
| Nonoperating income (expense) | (327) | (2,441) | (99) | (54) | 1,685 | |||
| Investment income, nonoperating | 1,618 | |||||||
| Other nonoperating expense | (327) | (2,441) | (99) | (54) | ||||
| Interest and debt expense | 35 | (161) | (29) | (5) | 269 | (1) | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (35) | 161 | 29 | 5 | ||||
| Loss from continuing operations: | (2,861) | (3,885) | (1,415) | (754) | (2,451) | (66) | ||
| Loss from discontinued operations | (337) | |||||||
| Loss before gain (loss) on sale of properties: | (2,861) | (3,885) | (1,415) | (754) | (2,451) | (403) | ||
| Other undisclosed net loss | (2,430) | |||||||
| Net loss attributable to parent: | (2,861) | (3,885) | (1,415) | (754) | (4,881) | (403) | ||
| Other undisclosed net loss available to common stockholders, basic | (76) | |||||||
| Net loss available to common stockholders, diluted: | (2,936) | (3,885) | (1,415) | (754) | (4,881) | (403) | ||
Comprehensive Income ($ in thousands)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (2,861) | (3,885) | (1,415) | (754) | (4,881) | (403) | ||
| Other comprehensive income | 25 | |||||||
| Comprehensive loss, net of tax, attributable to parent: | (2,861) | (3,885) | (1,415) | (754) | (4,881) | (378) | ||
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.