Powerstorm Holdings, Inc. (PSTO) financial statements (2020 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
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 investments08
Cash and cash equivalents08
Prepaid expense21
Total current assets:39
Noncurrent Assets
Property, plant and equipment56
Intangible assets, net (including goodwill)9
Intangible assets, net (excluding goodwill)9 
Other noncurrent assets33
Other undisclosed noncurrent assets 6
Total noncurrent assets:1614
TOTAL ASSETS:1923
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities6152
Accounts payable6152
Due to related parties3324
Total current liabilities:9477
Noncurrent Liabilities
Total liabilities:9477
Stockholders' equity
Stockholders' equity attributable to parent, including:(75)(54)
Common stock2220
Additional paid in capital4,138158
Accumulated deficit(4,235) 
Other undisclosed stockholders' equity attributable to parent (231)
Total stockholders' equity:(75)(54)
TOTAL LIABILITIES AND EQUITY:1923

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

12/31/2014
12/31/2013
Revenues
(Revenue, Net)
8032
Cost of revenue
(Cost of Goods and Services Sold)
(66) 
Other undisclosed gross profit49 
Gross profit:6332
Operating expenses(4,080)(162)
Operating loss:(4,017)(130)
Nonoperating income 0
Net loss:(4,017)(129)
Other undisclosed net income attributable to parent14 
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 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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