EMERGE HEALTH INTERNATIONAL INC (MTWD) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
721 SOUTH ROSSITER STREET MOUNT DORA, FL 32757 |
| State of Incorp. | WY |
| Fiscal Year End | June 30 |
| Industry (SIC) | 344 - Fabricated Structural Metal Products (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | 6/30/2015 | 6/30/2014 | 6/30/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 17 | 62 | 68 | 91 | 87 | 37 | 175 | ||
| Cash and cash equivalents | 17 | 62 | 68 | 91 | 87 | 37 | 175 | ||
| Receivables | (8) | (8) | (8) | (7) | (5) | ||||
| Inventory, net of allowances, customer advances and progress billings | 440 | 518 | 479 | 729 | 815 | ✕ | |||
| Inventory | 440 | 518 | 479 | 729 | 815 | ||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 30 | ||
| Other current assets | 18 | 15 | 12 | 36 | ✕ | ||||
| Other undisclosed current assets | 234 | 193 | 210 | 136 | 199 | 1,169 | |||
| Total current assets: | 17 | 745 | 785 | 784 | 982 | 1,046 | 1,374 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 10 | 421 | 470 | 530 | 358 | 379 | 381 | ||
| Other noncurrent assets | 245 | ✕ | |||||||
| Deferred tax assets, net | 245 | ||||||||
| Other undisclosed noncurrent assets | (245) | 246 | 189 | ||||||
| Total noncurrent assets: | 10 | 421 | 470 | 530 | 603 | 625 | 570 | ||
| TOTAL ASSETS: | 27 | 1,167 | 1,255 | 1,314 | 1,585 | 1,671 | 1,944 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 51 | 266 | 202 | 200 | 143 | 224 | 146 | ||
| Interest and dividends payable | 12 | 15 | |||||||
| Employee-related liabilities | 19 | 23 | 19 | 6 | |||||
| Accounts payable | 39 | 247 | 179 | 181 | 121 | 205 | 135 | ||
| Accrued liabilities | 19 | 11 | |||||||
| Debt | 365 | ||||||||
| Due to related parties | 77 | 77 | 81 | 66 | 95 | 100 | |||
| Customer advances and deposits | ✕ | 20 | 13 | ✕ | |||||
| Other undisclosed current liabilities | 50 | 32 | (66) | (95) | 15 | ||||
| Total current liabilities: | 466 | 376 | 279 | 281 | 163 | 237 | 261 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 32 | 15 | |||||||
| Long-term debt, excluding current maturities | 32 | 15 | |||||||
| Liabilities, other than long-term debt, including: | 95 | 100 | |||||||
| Other undisclosed liabilities, other than long-term debt | 95 | 100 | |||||||
| Other undisclosed noncurrent liabilities | 66 | ||||||||
| Total noncurrent liabilities: | 32 | 15 | 66 | 95 | 100 | ||||
| Total liabilities: | 466 | 408 | 294 | 281 | 228 | 332 | 361 | ||
| Equity | |||||||||
| Equity, attributable to parent, including: | (439) | 791 | 961 | 1,033 | 1,356 | 1,339 | 1,583 | ||
| Common stock | 23 | 18 | 18 | 18 | 15 | 15 | |||
| Common stock, share subscribed but unissued, subscriptions receivable | 0 | (0) | (0) | ||||||
| Additional paid in capital | 4,385 | 3,550 | 3,550 | 3,500 | 1,918 | 1,900 | 1,900 | ||
| Accumulated deficit | (4,847) | (2,153) | (1,671) | (1,237) | (577) | (576) | (332) | ||
| Other undisclosed equity, attributable to parent | (624) | (936) | (1,248) | 15 | 0 | ||||
| Total equity: | (439) | 791 | 961 | 1,033 | 1,356 | 1,339 | 1,583 | ||
| Other undisclosed liabilities and equity | (32) | ||||||||
| TOTAL LIABILITIES AND EQUITY: | 27 | 1,167 | 1,255 | 1,314 | 1,585 | 1,671 | 1,944 | ||
Income Statement (P&L) ($ in thousands)
| 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | 6/30/2015 | 6/30/2014 | 6/30/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,938 | 1,864 | 1,781 | 1,722 | 19 | 2,157 | ||
| Revenue, net | ✕ | 1,722 | 19 | 2,157 | ||||
| Cost of revenue | (1,305) | (1,170) | (1,114) | (929) | (1,508) | (131) | ||
| Cost of goods and services sold | (11) | (32) | (52) | (929) | (1,489) | (131) | ||
| Insurance tax | (19) | 23 | ||||||
| Other undisclosed gross profit | (0) | 2,037 | (1,228) | |||||
| Gross profit: | 634 | 695 | 667 | 793 | 548 | 798 | ||
| Operating expenses | (91) | (1,094) | (1,138) | (1,114) | (1,495) | (928) | (1,248) | |
| Other operating income (expense), net (Other Expenses) | (77) | 82 | ||||||
| Other undisclosed operating income (loss) | (2,236) | 713 | 177 | (48) | ||||
| Operating income (loss): | (2,327) | (461) | (443) | (446) | 10 | (280) | (415) | |
| Nonoperating income (expense) | (21) | 9 | 7 | (10) | 82 | |||
| Gain on sale of leased assets, net, operating leases | 82 | |||||||
| Other nonoperating income (expense) | 4 | 6 | 7 | (10) | ||||
| Interest and debt expense | (28) | 26 | (23) | (4) | ||||
| Income (loss) from continuing operations before income taxes: | (2,355) | (456) | (458) | (443) | 0 | (280) | (333) | |
| Income tax expense (benefit) | 245 | (1) | 50 | 26 | ||||
| Loss from continuing operations: | (2,355) | (456) | (458) | (198) | (1) | (230) | (307) | |
| Loss before gain (loss) on sale of properties: | (3,817) | (456) | (458) | (198) | (1) | (230) | (307) | |
| Loss from discontinued operations | (1,463) | |||||||
| Net loss: | (3,817) | (456) | (458) | (198) | (1) | (230) | (307) | |
| Other undisclosed net income (loss) attributable to parent | 1,463 | (26) | 23 | (462) | (14) | (21) | ||
| Net loss available to common stockholders, diluted: | (2,355) | (482) | (435) | (660) | (1) | (244) | (328) | |
Comprehensive Income ($ in thousands)
| 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | 6/30/2015 | 6/30/2014 | 6/30/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (3,817) | (456) | (458) | (198) | (1) | (230) | (307) | |
| Comprehensive loss, net of tax, attributable to parent: | (3,817) | (456) | (458) | (198) | (1) | (230) | (307) | |
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.