PCT Ltd (PCTL) financial statements (2023 and earlier)
Company profile
| Business Address |
4235 COMMERCE STREET LITTLE RIVER, SC 29566 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| SIC | 359 - Miscellaneous Industrial And Commercial (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 116 | 115 | 68 | 5 | 8 | 21 | ||
| Cash and cash equivalents | 116 | 115 | 68 | 5 | 8 | 21 | ||
| Receivables | 96 | 350 | 112 | 49 | 13 | 4 | ||
| Inventory, net of allowances, customer advances and progress billings | 37 | 6 | 7 | 11 | 43 | |||
| Inventory | 37 | 6 | 7 | 11 | 43 | |||
| Prepaid expense | 53 | 275 | 43 | 218 | 7 | 7 | ||
| Deposits current assets | 78 | |||||||
| Other current assets | 8 | 2 | 2 | |||||
| Other undisclosed current assets | 2 | 2 | ||||||
| Total current assets: | 311 | 748 | 225 | 282 | 40 | 152 | ||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 762 | 359 | 440 | 500 | 383 | 78 | ||
| Intangible assets, net (including goodwill) | 3,098 | 3,400 | 3,704 | 4,060 | 4,325 | 43 | ||
| Intangible assets, net (excluding goodwill) | 3,098 | 3,400 | 3,704 | 4,060 | 4,325 | 43 | ||
| Other noncurrent assets | 3,181 | 3,528 | 3,710 | 4,065 | 4,331 | |||
| Other undisclosed noncurrent assets | (3,098) | (3,400) | (3,704) | (4,060) | (4,325) | 5 | ||
| Total noncurrent assets: | 3,943 | 3,887 | 4,150 | 4,565 | 4,714 | 126 | ||
| TOTAL ASSETS: | 4,254 | 4,635 | 4,375 | 4,847 | 4,754 | 279 | ||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 691 | 622 | 890 | 362 | 173 | 13 | ||
| Accrued liabilities | 691 | 622 | 890 | 362 | 173 | 13 | ||
| Deferred revenue | 1 | ✕ | ✕ | ✕ | ||||
| Debt | 133 | 384 | 468 | 400 | 301 | |||
| Derivative instruments and hedges, liabilities | 3,044 | 7,103 | 10,518 | 323 | ||||
| Due to related parties | 86 | 789 | 827 | 93 | 833 | 359 | ||
| Other undisclosed current liabilities | 823 | 2,002 | 1,587 | 710 | 149 | 55 | ||
| Total current liabilities: | 4,777 | 10,901 | 14,290 | 1,888 | 1,456 | 426 | ||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 1,507 | 137 | 127 | 129 | ||||
| Long-term debt, excluding current maturities | 1,465 | 54 | 127 | 129 | ||||
| Operating lease, liability | 41 | 83 | ✕ | ✕ | ✕ | |||
| Liabilities, other than long-term debt | 734 | |||||||
| Due to related parties | 734 | |||||||
| Other undisclosed noncurrent liabilities | (41) | (83) | 393 | |||||
| Total noncurrent liabilities: | 1,507 | 137 | 1,253 | 129 | ||||
| Total liabilities: | 6,284 | 11,038 | 14,290 | 3,141 | 1,456 | 556 | ||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent | (4,498) | (6,662) | (10,134) | 1,706 | 3,298 | (277) | ||
| Common stock | 791 | 722 | 499 | 45 | 41 | 37 | ||
| Additional paid in capital | 24,310 | 23,203 | 15,872 | 11,588 | 10,001 | 3,709 | ||
| Accumulated deficit | (29,599) | (30,588) | (26,506) | (9,927) | (6,745) | (4,023) | ||
| Other undisclosed stockholders' equity | 2,469 | 259 | 219 | |||||
| Total stockholders' equity: | (2,029) | (6,404) | (9,916) | 1,706 | 3,298 | (277) | ||
| TOTAL LIABILITIES AND EQUITY: | 4,254 | 4,635 | 4,375 | 4,847 | 4,754 | 279 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 1,281 | 2,520 | 708 | 266 | 123 | 113 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 123 | ||
| Cost of revenue | (406) | (517) | (380) | (351) | (331) | (111) | |
| Cost of goods and services sold | (368) | (349) | (338) | (337) | (331) | (111) | |
| Gross profit: | 875 | 2,003 | 328 | (85) | (208) | 3 | |
| Operating expenses | (3,367) | (3,404) | (2,010) | (2,583) | (2,061) | (922) | |
| Other undisclosed operating loss | (26) | ||||||
| Operating loss: | (2,492) | (1,401) | (1,682) | (2,668) | (2,269) | (946) | |
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 3,481 | (2,411) | (14,897) | ||||
| Interest and debt expense | 3,930 | 12,021 | (68) | (207) | (81) | (1,304) | |
| Net income (loss): | 4,919 | 8,209 | (16,646) | (2,875) | (2,350) | (2,250) | |
| Other undisclosed net income (loss) attributable to parent | (3,930) | (12,021) | 68 | (307) | (371) | ||
| Net income (loss) attributable to parent: | 989 | (3,812) | (16,579) | (3,182) | (2,722) | (2,250) | |
| Preferred stock dividends and other adjustments | (270) | ||||||
| Net income (loss) available to common stockholders, diluted: | 989 | (4,082) | (16,579) | (3,182) | (2,722) | (2,250) | |
Comprehensive Income ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | 4,919 | 8,209 | (16,646) | (2,875) | (2,350) | (2,250) | |
| Comprehensive income (loss), net of tax, attributable to parent: | 4,919 | 8,209 | (16,646) | (2,875) | (2,350) | (2,250) | |
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.