PREFERRED RESTAURANT BRANDS, INC. (PRBI) financial statements (2020 and earlier)

Company profile

Business Address 4033 SOUTH DEAN MARTIN DRIVE
LAS VEGAS, NV 89103
State of Incorp. FL
Fiscal Year End August 31
SIC 5812 - Eating Places (benchmarking)
More info Complete financial analysis Financial benchmarking

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

8/31/2014
8/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments241
Cash and cash equivalents241
Receivables75 
Inventory, net of allowances, customer advances and progress billings1039
Inventory1039
Prepaid expense 3
Other undisclosed current assets116 
Total current assets:31913
Noncurrent Assets
Property, plant and equipment3,4192
Intangible assets, net (including goodwill)898
Intangible assets, net (excluding goodwill)898 
Total noncurrent assets:4,3172
TOTAL ASSETS:4,63615
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:82914
Accounts payable 7
Accrued liabilities 7
Other undisclosed accounts payable and accrued liabilities829 
Debt14,733 
Deferred revenue and credits95 
Other undisclosed current liabilities(6,962)9
Total current liabilities:8,69523
Noncurrent Liabilities
Long-term debt and lease obligation500 
Long-term debt, excluding current maturities500 
Other undisclosed noncurrent liabilities550 
Total noncurrent liabilities:1,050 
Total liabilities:9,74523
Stockholders' equity
Stockholders' equity attributable to parent, including:(6,109)(8)
Common stock438
Additional paid in capital14,312129
Accumulated deficit(20,464) 
Other undisclosed stockholders' equity attributable to parent (145)
Other undisclosed stockholders' equity1,000 
Total stockholders' equity:(5,109)(8)
TOTAL LIABILITIES AND EQUITY:4,63615

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

8/31/2014
8/31/2013
Revenues
(Revenue, Net)
6,3702
Cost of revenue
(Cost of Goods and Services Sold)
 (1)
Gross profit:6,3701
Operating expenses(13,310)(60)
Other undisclosed operating income (loss)(1,566)29
Operating loss:(8,506)(29)
Nonoperating expense
(Other Nonoperating expense)
(2,197) 
Interest and debt expense(2,801) 
Loss from continuing operations before equity method investments, income taxes:(13,504)(29)
Other undisclosed income from continuing operations before income taxes2,801 
Net loss available to common stockholders, diluted:(10,703)(29)

Comprehensive Income ($ in thousands)

8/31/2014
8/31/2013
Net loss:(10,703)(29)
Comprehensive loss, net of tax, attributable to parent:(10,703)(29)

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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