Network CN Inc (NWCN) financial statements (2022 and earlier)

Company profile

Business Address UNIT 802B-803, 8/F, TOWER 2
KOWLOON, 00000
State of Incorp. DE
Fiscal Year End December 31
SIC 731 - Advertising (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 6623697
Cash and cash equivalents 6623697
Prepaid expense 100100100101102101
Other undisclosed current assets   0000
Total current assets: 106106123107110108
Noncurrent Assets
Property, plant and equipment 1013117
Total noncurrent assets: 1013117
TOTAL ASSETS: 107106124110111125
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 4,2624,7974,0333,7215,7764,853
Accounts payable     108
Accrued liabilities 8912675134256224
Employee-related liabilities 1,7491,9171,7371,6501,4611,242
Taxes payable 2,3712,7532,2211,9371,392878
Other undisclosed accounts payable and accrued liabilities 531  2,6572,501
Debt 2,9737,9527,9177,8225,0005,013
Total current liabilities: 7,23512,74911,95011,54410,7769,866
Noncurrent Liabilities
Long-term debt and lease obligation 645    5
Long-term debt, excluding current maturities 645     
Capital lease obligations   5
Total noncurrent liabilities: 645    5
Total liabilities: 7,88012,74911,95011,54410,7769,871
Stockholders' equity
Stockholders' equity attributable to parent (7,773)(12,643)(11,825)(11,434)(10,664)(9,746)
Common stock 999888
Additional paid in capital 124,209124,209124,133123,707123,707123,687
Accumulated other comprehensive income 1,7041,7041,7041,7041,7041,704
Accumulated deficit (133,696)(138,565)(137,671)(136,853)(136,083)(135,145)
Total stockholders' equity: (7,773)(12,643)(11,825)(11,434)(10,664)(9,746)
TOTAL LIABILITIES AND EQUITY: 107106124110111125

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

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Operating expenses (292)(317)(359)(272)(424)(365)
Operating loss: (292)(317)(359)(272)(424)(365)
Nonoperating income 5,694010847 0
Investment income, nonoperating    0 0
Interest and debt expense (533)(577)(567)(545)(514)(472)
Net income (loss) available to common stockholders, diluted: 4,869(894)(818)(770)(938)(837)

Comprehensive Income ($ in thousands)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss): 4,869(894)(818)(770)(938)(837)
Comprehensive income (loss): 4,869(894)(818)(770)(938)(837)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent 0(0)(0)0(0)1
Comprehensive income (loss), net of tax, attributable to parent: 4,869(894)(818)(770)(938)(835)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: