Powerstorm Holdings, Inc. (PSTO) Financial Statements (2023 and Earlier)
Company Profile
| Business Address |
31244 PALOS VERDES DR W, STE 245 RANCHO PALOS VERDES, CA 90275-5370 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4813 - Telephone Communications, Except Radiotelephone (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 0 | 8 | ||
| Cash and cash equivalents | 0 | 8 | ||
| Prepaid expense | 2 | 1 | ||
| Total current assets: | 3 | 9 | ||
| Noncurrent Assets | ||||
| Property, plant and equipment | 5 | 6 | ||
| Intangible assets, net (including goodwill) | 9 | ✕ | ||
| Intangible assets, net (excluding goodwill) | 9 | |||
| Other noncurrent assets | 3 | 3 | ||
| Other undisclosed noncurrent assets | 6 | |||
| Total noncurrent assets: | 16 | 14 | ||
| TOTAL ASSETS: | 19 | 23 | ||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities | 61 | 52 | ||
| Accounts payable | 61 | 52 | ||
| Due to related parties | 33 | 24 | ||
| Total current liabilities: | 94 | 77 | ||
| Noncurrent Liabilities | ||||
| Total liabilities: | 94 | 77 | ||
| Stockholders' equity | ||||
| Stockholders' equity attributable to parent, including: | (75) | (54) | ||
| Common stock | 22 | 20 | ||
| Additional paid in capital | 4,138 | 158 | ||
| Accumulated deficit | (4,235) | |||
| Other undisclosed stockholders' equity attributable to parent | (231) | |||
| Total stockholders' equity: | (75) | (54) | ||
| TOTAL LIABILITIES AND EQUITY: | 19 | 23 | ||
Income Statement (P&L) ($ in thousands)
| 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|
| Revenues (Revenue, Net) | 80 | 32 | |
| Cost of revenue (Cost of Goods and Services Sold) | (66) | ||
| Other undisclosed gross profit | 49 | ||
| Gross profit: | 63 | 32 | |
| Operating expenses | (4,080) | (162) | |
| Operating loss: | (4,017) | (130) | |
| Nonoperating income | 0 | ||
| Net loss: | (4,017) | (129) | |
| Other undisclosed net income attributable to parent | 14 | ||
| Net loss available to common stockholders, diluted: | (4,003) | (129) | |
Comprehensive Income ($ in thousands)
| 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|
| Net loss: | (4,017) | (129) | |
| Comprehensive loss, net of tax, attributable to parent: | (4,017) | (129) | |
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.