Momentous Entertainment Group Inc. (MMEG) financial statements (2021 and earlier)

Company profile

Business Address PO BOX 861
SUGAR LAND, TX 77487-0861
State of Incorp. NV
Fiscal Year End December 31
SIC 7819 - Services Allied to Motion Picture Production (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments16011
Cash and cash equivalents16011
Inventory, net of allowances, customer advances and progress billings 655
Inventory 655
Other undisclosed current assets7141443
Total current assets:8747509
Noncurrent Assets
TOTAL ASSETS:8747509
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities16974142
Accounts payable1486654
Accrued liabilities21888
Debt41384228
Derivative instruments and hedges, liabilities913  
Due to related parties396343356
Other undisclosed current liabilities164120180
Total current liabilities:1,684922905
Noncurrent Liabilities
Total liabilities:1,684922905
Stockholders' equity
Stockholders' equity attributable to parent(1,597)(874)(396)
Preferred stock1370 
Common stock5218171
Additional paid in capital1,281764226
Accumulated deficit(3,535)(1,720)(693)
Total stockholders' equity:(1,597)(874)(396)
TOTAL LIABILITIES AND EQUITY:8747509

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

12/31/2016
12/31/2015
12/31/2014
Gross profit:311
Operating expenses(814)(1,016)(333)
Other operating expense, net
(Other Expenses)
(1,003) (7)
Other undisclosed operating income1,003 7
Operating loss:(812)(1,016)(333)
Interest and debt expense(842)(11)(7)
Net loss:(1,654)(1,027)(340)
Other undisclosed net loss attributable to parent(161)  
Net loss available to common stockholders, diluted:(1,815)(1,027)(340)

Comprehensive Income ($ in thousands)

12/31/2016
12/31/2015
12/31/2014
Net loss:(1,654)(1,027)(340)
Comprehensive loss, net of tax, attributable to parent:(1,654)(1,027)(340)

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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