ML Capital Group Inc (MLCG) financial statements (2021 and earlier)

Company profile

Business Address 16810 AVENUE OF THE FOUNTAINS
FOUNTAIN HILLS, AZ 85268
State of Incorp. NV
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)

12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments13 
Cash and cash equivalents13 
Inventory, net of allowances, customer advances and progress billings13
Inventory13 
Prepaid expense12 
Other undisclosed current assets41
Total current assets:421
Noncurrent Assets
Property, plant and equipment4 
Total noncurrent assets:4 
TOTAL ASSETS:471
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:156
Other undisclosed accounts payable and accrued liabilities156
Debt 0
Deferred compensation liability 148
Derivative instruments and hedges, liabilities69056
Due to related parties 7
Other undisclosed current liabilities264(133)
Total current liabilities:96984
Noncurrent Liabilities
Total liabilities:96984
Commitments and contingencies969 
Stockholders' equity
Stockholders' equity attributable to parent(922)(83)
Common stock337
Additional paid in capital3,6212,973
Deferred compensation equity(26)(674)
Accumulated deficit(4,550)(2,389)
Total stockholders' equity:(922)(83)
Other undisclosed liabilities and equity(969) 
TOTAL LIABILITIES AND EQUITY:471

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

12/31/2014
12/31/2013
Revenues22
Revenue, net25 
Cost of revenue
(Cost of Goods and Services Sold)
(7) 
Other undisclosed gross profit25 
Gross profit:202
Operating expenses(1,414)(771)
Operating loss:(1,395)(768)
Nonoperating expense(767)(62)
Interest and debt expense(37)(10)
Loss before gain (loss) on sale of properties:(2,198)(840)
Other undisclosed net income37 
Net loss:(2,161)(840)
Other undisclosed net income attributable to parent 10
Net loss available to common stockholders, diluted:(2,161)(830)

Comprehensive Income ($ in thousands)

12/31/2014
12/31/2013
Net loss:(2,161)(840)
Comprehensive loss, net of tax, attributable to parent:(2,161)(840)

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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