Next Generation Management Corp. (NGMC) financial statements (2020 and earlier)

Company profile

Business Address 44715 PRENTICE DR., UNIT 973
ASHBURN, VA 20146
State of Incorp. NV
Fiscal Year End December 31
SIC 7331 - Direct Mail Advertising Services (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2013
12/31/2012
12/31/2011
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments11
Cash and cash equivalents11
Total current assets:11
Noncurrent Assets
Other undisclosed noncurrent assets86229
Total noncurrent assets:86229
TOTAL ASSETS:87229
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities389171
Accounts payable151119
Accrued liabilities23952
Debt6030
Due to related parties40 
Other undisclosed current liabilities407290
Total current liabilities:896491
Noncurrent Liabilities
Long-term debt and lease obligation, including:70 
Other undisclosed long-term debt and lease obligation70 
Liabilities, other than long-term debt 40
Due to related parties 40
Other undisclosed noncurrent liabilities(70) 
Total noncurrent liabilities: 40
Total liabilities:896531
Stockholders' equity
Stockholders' equity attributable to parent, including:(809)(302)
Additional paid in capital17,97914,038
Accumulated deficit(18,914)(14,454)
Other undisclosed stockholders' equity attributable to parent126114
Total stockholders' equity:(809)(302)
TOTAL LIABILITIES AND EQUITY:87229

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

12/31/2013
12/31/2012
12/31/2011
Gross profit:12
Operating expenses(418)(1,844)
Operating loss:(417)(1,842)
Nonoperating expense(4,384)(194)
Debt instrument, convertible, beneficial conversion feature62(47)
Interest and debt expense(4,446)(61)
Net loss:(9,247)(2,098)
Other undisclosed net income attributable to parent4,44661
Net loss available to common stockholders, diluted:(4,801)(2,036)

Comprehensive Income ($ in thousands)

12/31/2013
12/31/2012
12/31/2011
Net loss:(9,247)(2,098)
Comprehensive loss, net of tax, attributable to parent:(9,247)(2,098)

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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