NuZee, Inc. (NUZE) financial statements (2023 and earlier)
Company profile
| Business Address |
1700 CAPITAL AVENUE PLANO, TX 75074 |
| State of Incorp. | NV |
| Fiscal Year End | September 30 |
| SIC | 59 - Miscellaneous Retail (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2021 TTM | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 10,967 | 10,816 | 4,399 | 1,326 | 1,807 | 347 | 41 | ||
| Cash and cash equivalents | 10,967 | 10,816 | 4,399 | 1,326 | 1,807 | 347 | 41 | ||
| Receivables | 795 | 555 | 196 | 421 | 145 | 156 | 58 | ||
| Inventory, net of allowances, customer advances and progress billings | 384 | 573 | 245 | 501 | 135 | 267 | 206 | ||
| Inventory | 384 | 573 | 245 | 501 | 135 | 267 | 206 | ||
| Contract with customer, asset | 0 | 34 | ✕ | ✕ | |||||
| Other current assets | 372 | 135 | 103 | ||||||
| Other undisclosed current assets | 673 | 464 | 645 | 120 | 0 | 29 | 66 | ||
| Total current assets: | 12,820 | 12,409 | 5,485 | 2,740 | 2,255 | 903 | 370 | ||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset | 106 | ✕ | ✕ | ✕ | |||||
| Operating lease, right-of-use asset | 542 | 387 | 652 | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 640 | 692 | 278 | 152 | |||||
| Intangible assets, net (including goodwill) | 52 | 63 | |||||||
| Goodwill | 17 | 17 | |||||||
| Intangible assets, net (excluding goodwill) | 34 | 46 | |||||||
| Other noncurrent assets | 80 | 80 | 81 | 635 | 2 | ||||
| Other undisclosed noncurrent assets | 174 | 175 | 183 | 11 | |||||
| Total noncurrent assets: | 1,436 | 1,334 | 1,022 | 635 | 53 | 352 | 152 | ||
| Other undisclosed assets | 1,668 | 1,876 | 674 | ||||||
| TOTAL ASSETS: | 14,256 | 13,743 | 8,175 | 5,251 | 2,983 | 1,254 | 522 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 811 | 617 | 753 | 341 | 268 | 105 | 189 | ||
| Accounts payable | 682 | 343 | 50 | 341 | 268 | 105 | 189 | ||
| Accrued liabilities | 130 | 274 | 703 | ||||||
| Deferred revenue | 327 | 176 | 34 | ✕ | ✕ | ✕ | |||
| Debt | 60 | 71 | 78 | 104 | 47 | 45 | 145 | ||
| Due to related parties | 603 | ||||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | 73 | |||
| Other liabilities | 95 | 139 | 105 | 532 | 161 | 127 | 7 | ||
| Other undisclosed current liabilities | 205 | 151 | 264 | 1 | |||||
| Total current liabilities: | 1,499 | 1,154 | 1,233 | 977 | 476 | 350 | 945 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 403 | 311 | 531 | 157 | 88 | 134 | |||
| Long-term debt, excluding current maturities | 11 | 13 | 57 | 157 | 88 | 134 | |||
| Finance lease, liability | 44 | 51 | 78 | ✕ | ✕ | ✕ | |||
| Operating lease, liability | 349 | 248 | 396 | ✕ | ✕ | ✕ | |||
| Liabilities, other than long-term debt, including: | 68 | 66 | 22 | 2 | 6 | 10 | |||
| Other liabilities | 68 | 66 | 22 | 10 | |||||
| Other undisclosed liabilities, other than long-term debt | 2 | 6 | |||||||
| Total noncurrent liabilities: | 471 | 377 | 553 | 159 | 94 | 143 | |||
| Total liabilities: | 1,970 | 1,530 | 1,785 | 1,135 | 570 | 494 | 945 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 12,286 | 12,212 | 6,390 | 4,012 | 2,319 | 761 | (423) | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Treasury stock, value | 69 | ||||||||
| Additional paid in capital | 67,684 | 64,839 | 40,472 | 28,898 | 14,957 | 9,719 | 6,910 | ||
| Accumulated other comprehensive income (loss) | 231 | 198 | 190 | (91) | (31) | (21) | |||
| Accumulated deficit | (55,629) | (52,825) | (34,273) | (24,796) | (12,608) | (9,031) | (7,263) | ||
| Other undisclosed stockholders' equity attributable to parent | 93 | (138) | |||||||
| Stockholders' equity attributable to noncontrolling interest | 103 | 93 | |||||||
| Total stockholders' equity: | 12,286 | 12,212 | 6,390 | 4,115 | 2,412 | 761 | (423) | ||
| TOTAL LIABILITIES AND EQUITY: | 14,256 | 13,743 | 8,175 | 5,251 | 2,983 | 1,254 | 522 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2021 TTM | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,428 | 1,927 | 1,403 | 1,794 | 1,389 | 1,628 | 455 | |
| Cost of revenue | (2,494) | (2,007) | (1,642) | (1,498) | (1,322) | (1,319) | (408) | |
| Cost of goods and services sold | (1,319) | (408) | ||||||
| Gross profit: | (66) | (80) | (239) | 295 | 67 | 309 | 47 | |
| Operating expenses | (15,508) | (18,559) | (9,094) | (12,399) | (3,685) | (2,077) | (1,335) | |
| Operating loss: | (15,575) | (18,639) | (9,333) | (12,104) | (3,618) | (1,767) | (1,287) | |
| Nonoperating income (expense) | 134 | 108 | (99) | (106) | 51 | |||
| Investment income, nonoperating | (1) | 96 | ||||||
| Loss on condemnation | (2) | (11) | ||||||
| Other nonoperating income (expense) | 124 | 110 | (193) | (106) | 62 | |||
| Interest and debt expense | (491) | (492) | (21) | (5) | (2) | (3) | (3) | |
| Loss from continuing operations before equity method investments, income taxes: | (15,931) | (19,023) | (9,453) | (12,215) | (3,570) | (1,770) | (1,291) | |
| Income (loss) from equity method investments | (4) | (8) | 23 | |||||
| Loss before gain (loss) on sale of properties: | (15,935) | (19,031) | (9,430) | (12,215) | (3,570) | (1,770) | (1,291) | |
| Other undisclosed net income (loss) | 475 | 479 | (95) | (8) | ||||
| Net loss: | (15,460) | (18,552) | (9,524) | (12,215) | (3,577) | (1,770) | (1,291) | |
| Net income (loss) attributable to noncontrolling interest | 47 | 27 | (8) | 9 | ||||
| Other undisclosed net income (loss) attributable to parent | 0 | 15 | (15) | 15 | ||||
| Net loss available to common stockholders, diluted: | (15,460) | (18,552) | (9,477) | (12,188) | (3,570) | (1,776) | (1,275) | |
Comprehensive Income ($ in thousands)
| 12/31/2021 TTM | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (15,460) | (18,552) | (9,524) | (12,215) | (3,577) | (1,770) | (1,291) | |
| Other comprehensive income (loss) | 39 | 8 | 225 | (23) | (18) | |||
| Other undisclosed comprehensive income | 8 | |||||||
| Comprehensive loss: | (15,422) | (18,544) | (9,299) | (12,238) | (3,587) | (1,770) | (1,291) | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 47 | 27 | (8) | 9 | ||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 0 | (47) | (4) | |||||
| Comprehensive loss, net of tax, attributable to parent: | (15,421) | (18,544) | (9,299) | (12,215) | (3,595) | (1,761) | (1,291) | |
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.