M Line Holdings, Inc. (MLHC) financial statements (2020 and earlier)

Company profile

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

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

6/30/2014
6/30/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments47182
Cash and cash equivalents47182
Receivables2221,666
Inventory, net of allowances, customer advances and progress billings1,4311,556
Inventory1,4311,556
Other undisclosed current assets (377)
Total current assets:1,7003,027
Noncurrent Assets
Property, plant and equipment402557
Deferred costs 299
Other undisclosed noncurrent assets141(186)
Total noncurrent assets:543670
TOTAL ASSETS:2,2433,697
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities5,9683,356
Accounts payable1,3501,422
Accrued liabilities2,595 
Employee-related liabilities2,0231,934
Debt328459
Estimated litigation liability288138
Due to related parties72 
Deferred revenue and credits 10
Other undisclosed current liabilities1,8013,048
Total current liabilities:8,4567,011
Noncurrent Liabilities
Long-term debt and lease obligation1,8702,110
Long-term debt, excluding current maturities1,8242,019
Capital lease obligations4691
Other undisclosed noncurrent liabilities(1,700)(1,791)
Total noncurrent liabilities:170319
Total liabilities:8,6267,330
Stockholders' equity
Stockholders' equity attributable to parent, including:(6,383)(3,633)
Preferred stock00
Common stock24370
Common stock held by subsidiary(2,100) 
Additional paid in capital12,84710,741
Accumulated deficit(19,473)(14,444)
Other undisclosed stockholders' equity attributable to parent2,100 
Total stockholders' equity:(6,383)(3,633)
TOTAL LIABILITIES AND EQUITY:2,2433,697

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

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
Net loss:(6,948)(4,393)
Other undisclosed net income attributable to parent1,919 
Net loss available to common stockholders, diluted:(5,029)(4,393)

Comprehensive Income ($ in thousands)

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 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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: