Powered Brands (POW) financial statements (2022 and earlier)

Company profile

Business Address 292 MADISON AVENUE
NEW YORK, NY 10017
State of Incorp.
Fiscal Year End December 31
SIC 677 - Blank Checks (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments629
Cash and cash equivalents629
Prepaid expense295
Total current assets:923
Noncurrent Assets
Assets held-in-trust276,026
Total noncurrent assets:276,026
TOTAL ASSETS:276,950
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities272
Accounts payable146
Accrued liabilities127
Total current liabilities:272
Noncurrent Liabilities
Other undisclosed noncurrent liabilities18,253
Total noncurrent liabilities:18,253
Total liabilities:18,526
Temporary equity, carrying amount276,000
Stockholders' equity
Stockholders' equity attributable to parent, including:(17,576)
Accumulated deficit(17,577)
Other undisclosed stockholders' equity attributable to parent1
Total stockholders' equity:(17,576)
TOTAL LIABILITIES AND EQUITY:276,950

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

12/31/2021
Operating expenses(1,059)
Other undisclosed operating loss(177)
Operating loss:(1,236)
Nonoperating income4,081
Investment income, nonoperating4,368
Net income available to common stockholders, diluted:2,845

Comprehensive Income ($ in thousands)

12/31/2021
Net income:2,845
Comprehensive income, net of tax, attributable to parent:2,845

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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