OZOP ENERGY SOLUTIONS, INC. (OZSC) Financial Statements (2023 and Earlier)

Company Profile

Business Address 31 SANDFORT LN.
WARWICK, NY 10990
State of Incorp. NV
Fiscal Year End December 31
Industry (SIC) 369 - Miscellaneous Electrical Machinery, Equipment, and Supplies (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
4/30/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 1,80811511
Cash and cash equivalents 1,80811511
Receivables 0 4629
Inventory, net of allowances, customer advances and progress billings 359378  
Inventory 359378  
Prepaid expense  8 16
Other undisclosed current assets 100103 
Total current assets: 2,17839719945
Noncurrent Assets
Operating lease, right-of-use asset 150 
Property, plant and equipment 61358716
Intangible assets, net (including goodwill)  5,094453 
Goodwill  2,197239 
Intangible assets, net (excluding goodwill)  2,897214 
Other undisclosed noncurrent assets  (0) 40
Total noncurrent assets: 2105,45246056
TOTAL ASSETS: 2,3885,849659102
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 1,6784592989
Accrued liabilities    9
Other undisclosed accounts payable and accrued liabilities 1,678459298 
Deferred revenue 18 
Debt 2,9293,25184463
Derivative instruments and hedges, liabilities 1,2382,4631,200 
Due to related parties 9471553 
Other undisclosed current liabilities 1,0141,229113 
Total current liabilities: 6,8867,8733,00871
Noncurrent Liabilities
Long-term debt and lease obligation 4641  
Long-term debt, excluding current maturities 3891  
Operating lease, liability 74 
Liabilities, other than long-term debt 462,892  
Deferred revenue 46 
Other liabilities  2,892  
Other undisclosed noncurrent liabilities  250 (15)
Total noncurrent liabilities: 5103,144 (15)
Total liabilities: 7,39611,0163,00856
Stockholders' equity
Stockholders' equity attributable to parent, including: (5,008)(5,167)(2,348)(15)
Preferred stock  0  
Common stock 3,398029 
Common stock, share subscribed but unissued, subscriptions receivable  (8)(8) 
Additional paid in capital 13,3875,0911,96026
Deferred compensation equity  (49)(269) 
Accumulated other comprehensive income (loss) (0)78 
Accumulated deficit (21,793)(10,209)(4,069)(44)
Other undisclosed stockholders' equity attributable to parent 00 3
Total stockholders' equity: (5,008)(5,167)(2,348)(15)
TOTAL LIABILITIES AND EQUITY: 2,3885,84965941

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

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
4/30/2017
Revenues 1,41131715727
Cost of revenue
(Cost of Goods and Services Sold)
 (1,404)(57)(40) 
Gross profit: 726011827
Operating expenses (17,585)(2,713)(1,562)61
Operating income (loss): (17,578)(2,452)(1,444)88
Nonoperating income (expense) 2,9053,688(1,047) 
Other nonoperating expense   (1,047) 
Interest and debt expense 196861662 
Income (loss) from continuing operations before equity method investments, income taxes: (14,478)2,097(1,829)88
Other undisclosed loss from continuing operations before income taxes (6,005)(8,237)  
Income (loss) from continuing operations: (20,483)(6,140)(1,829)88
Loss from discontinued operations    (33)
Income (loss) before gain (loss) on sale of properties: (20,483)(6,140)(1,829)54
Other undisclosed net loss    (89)
Net loss: (20,483)(6,140)(1,829)(34)
Other undisclosed net loss attributable to parent   (662) 
Net loss available to common stockholders, basic: (20,483)(6,140)(2,491)(34)
Interest on convertible debt  110  
Net loss available to common stockholders, diluted: (20,483)(6,030)(2,491)(34)

Comprehensive Income ($ in thousands)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
4/30/2017
Net loss: (20,483)(6,140)(1,829)(34)
Comprehensive loss: (20,483)(6,140)(1,829)(34)
Other undisclosed comprehensive loss, net of tax, attributable to parent (0)(1)(662) 
Comprehensive loss, net of tax, attributable to parent: (20,483)(6,141)(2,491)(34)

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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