Metastat Inc (MTST) Financial Statements (2024 and earlier)

Company Profile

Business Address 27 DRYDOCK AVE., 2ND FLOOR
BOSTON, MA 02210
State of Incorp. NV
Fiscal Year End February 28
Industry (SIC) 2834 - Pharmaceutical Preparations (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

2/28/2018
2/28/2017
2/29/2016
2/28/2015
2/28/2014
2/28/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments782,707363,783257,820483,408969,188
Cash and cash equivalents782,707363,783257,820483,408969,188
Receivables  125,000 20,000 
Prepaid expense20,85633,12138,748 
Deferred costs   60,523 
Prepaid expense and other current assets12,073 
Total current assets:803,563521,904296,568576,004969,188
Noncurrent Assets
Property, plant and equipment414,635497,052526,606204,25453,326
Other undisclosed noncurrent assets43,60043,600278,95210,367 
Total noncurrent assets:458,235540,652805,558214,62153,326
TOTAL ASSETS:1,261,7981,062,5561,102,126790,6251,022,514
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities767,5131,008,772314,484257,965168,005
Interest and dividends payable15,63848,31716,767  
Accounts payable572,195746,144293,152257,965168,005
Accrued liabilities179,680214,3114,565  
Debt989,0861,533,12099,96528,000 
Other undisclosed current liabilities193,40756,0002,351  
Total current liabilities:1,950,0062,597,892416,800285,965168,005
Noncurrent Liabilities
Long-term debt and lease obligation   169,676  
Capital lease obligations   169,676  
Liabilities, other than long-term debt2,106,972234,461   
Derivative instruments and hedges, liabilities2,106,972234,461   
Other undisclosed noncurrent liabilities  273,000  
Total noncurrent liabilities:2,106,972234,461442,676  
Other undisclosed liabilities    2,585,418718,897
Total liabilities:4,056,9782,832,353859,4762,871,383886,902
Equity
Equity, attributable to parent, including:(2,795,180)(1,769,797)242,650(2,080,758)135,612
Common stock4711852,7472,1572,106
Additional paid in capital23,523,14021,607,25918,962,9658,644,7605,495,985
Accumulated deficit(26,318,885)(23,377,328)(18,723,149)(10,727,675) 
Other undisclosed equity, attributable to parent948787 (5,362,479)
Total equity:(2,795,180)(1,769,797)242,650(2,080,758)135,612
TOTAL LIABILITIES AND EQUITY:1,261,7981,062,5561,102,126790,6251,022,514

Income Statement (P&L) (USD)

2/28/2018
2/28/2017
2/29/2016
2/28/2015
2/28/2014
2/28/2013
Revenues  75,000 596
Revenue, net   75,000  
Gross profit:  75,000 596
Operating expenses(3,347,952)(4,778,974)(4,791,059)(4,351,199)(2,521,175)
Other operating income (expense), net
(Other Expenses)
406,395124,795(3,204,415)1,013,997 
Operating loss:(2,941,557)(4,654,179)(7,920,474)(3,337,202)(2,520,579)
Nonoperating income   2,483,227 71,543
Debt instrument, convertible, beneficial conversion feature   2,324,759 71,543
Interest and debt expense(1,375,829)(317,238) (104,245) 
Loss from continuing operations:(4,317,386)(4,971,417)(5,437,247)(3,441,447)(2,449,036)
Loss before gain (loss) on sale of properties:(4,317,386)(4,971,417)(5,437,247)(3,441,447)(2,449,036)
Other undisclosed net income (loss)1,375,829317,238(2,558,227)(1,923,749)(71,543)
Net loss attributable to parent:(2,941,557)(4,654,179)(7,995,474)(5,365,196)(2,520,579)
Preferred stock dividends and other adjustments 708,3031,067,491225,296  
Other undisclosed net loss available to common stockholders, basic(3,984,321)(2,402,040)(467,359)  
Net loss available to common stockholders, diluted:(6,217,575)(5,988,728)(8,237,537)(5,365,196)(2,520,579)

Comprehensive Income (USD)

2/28/2018
2/28/2017
2/29/2016
2/28/2015
2/28/2014
2/28/2013
Net loss:(2,941,557)(4,654,179)(7,995,474)(5,365,196)(2,520,579)
Comprehensive loss, net of tax, attributable to parent:(2,941,557)(4,654,179)(7,995,474)(5,365,196)(2,520,579)

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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