M Line Holdings, Inc. (MLHC) Financial Statements (2024 and earlier)

Company Profile

Business Address 2672 DOW AVENUE
TUSTIN, CA 92780
State of Incorp. NV
Fiscal Year End June 30
Industry (SIC) 354 - Metalworking Machinery And Equipment (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2015
MRQ
6/30/2014
6/30/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 47182
Cash and cash equivalents 47182
Receivables 2221,666
Inventory, net of allowances, customer advances and progress billings 1,4311,556
Inventory 1,4311,556
Other undisclosed current assets  (377)
Total current assets: 1,7003,027
Noncurrent Assets
Property, plant and equipment 402557
Deferred costs  299
Other undisclosed noncurrent assets 141(186)
Total noncurrent assets: 543670
TOTAL ASSETS: 2,2433,697
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 5,9683,356
Employee-related liabilities 2,0231,934
Accounts payable 1,3501,422
Accrued liabilities 2,595 
Debt 328459
Estimated litigation liability 288138
Deferred revenue and credits  10
Due to related parties 72 
Other undisclosed current liabilities 1,8013,048
Total current liabilities: 8,4567,011
Noncurrent Liabilities
Long-term debt and lease obligation 1,8702,110
Long-term debt, excluding current maturities 1,8242,019
Capital lease obligations 4691
Other undisclosed noncurrent liabilities (1,700)(1,791)
Total noncurrent liabilities: 170319
Total liabilities: 8,6267,330
Equity
Equity, attributable to parent, including: (6,383)(3,633)
Preferred stock 00
Common stock 24370
Common stock held by subsidiary (2,100) 
Additional paid in capital 12,84710,741
Accumulated deficit (19,473)(14,444)
Other undisclosed equity, attributable to parent 2,100 
Total equity: (6,383)(3,633)
TOTAL LIABILITIES AND EQUITY: 2,2433,697

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

3/31/2015
TTM
6/30/2014
6/30/2013
Revenues
(Revenue, Net)
 8,7019,325
Cost of revenue
(Cost of Goods and Services Sold)
 (7,051)(7,561)
Gross profit: 1,6501,763
Operating expenses (3,812)(5,673)
Operating loss: (2,161)(3,909)
Nonoperating expense (2,866)(497)
Interest and debt expense (1,919)(497)
Loss from continuing operations before equity method investments, income taxes: (6,946)(4,904)
Other undisclosed income from continuing operations before income taxes  497
Loss from continuing operations before income taxes: (6,946)(4,407)
Income tax expense (benefit) (2)14
Loss from continuing operations: (6,948)(4,393)
Loss before gain (loss) on sale of properties: (6,948)(4,393)
Net loss: (6,948)(4,393)
Other undisclosed net income attributable to parent 1,919 
Net loss available to common stockholders, diluted: (5,029)(4,393)

Comprehensive Income ($ in thousands)

3/31/2015
TTM
6/30/2014
6/30/2013
Net loss: (6,948)(4,393)
Comprehensive loss, net of tax, attributable to parent: (6,948)(4,393)

Statements Sources

The financial statements are based on the Company's filings with 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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