Point Capital Inc (PTCI) financial statements (2021 and earlier)

Company profile

Business Address 560 SYLVAN AVE
ENGLEWOOD CLIFFS, NJ 07632
State of Incorp. DE
Fiscal Year End December 31
SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
12/31/2019
12/31/2018
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,1281125522,0110
Cash and cash equivalents1,1281123372,0110
Short-term investments  216  
Receivables24200   
Inventory, net of allowances, customer advances and progress billings3315627
Inventory3315627  
Prepaid expense108   
Other undisclosed current assets1332647  
Total current assets:1,4274946262,0110
Noncurrent Assets
Inventory, Noncurrent33    
Long-term investments and receivables  200  
Accounts and financing receivable, after allowance for credit loss  200  
Intangible assets, net (including goodwill)  29
Intangible assets, net (excluding goodwill)  29  
Other undisclosed noncurrent assets(33)    
Total noncurrent assets:  229  
Other undisclosed assets   197 
TOTAL ASSETS:1,4274948552,2070
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1275526221
Other undisclosed accounts payable and accrued liabilities1275526221
Debt1562 155
Other undisclosed current liabilities  22  
Total current liabilities:142117481726
Noncurrent Liabilities
Long-term debt and lease obligation4   15
Long-term debt, excluding current maturities4   15
Other undisclosed noncurrent liabilities    1
Total noncurrent liabilities:4   16
Other undisclosed liabilities   2 
Total liabilities:146117481941
Temporary equity, carrying amount 400400  
Stockholders' equity
Stockholders' equity attributable to parent, including:1,281(23)4071,789(41)
Preferred stock   400 
Common stock92243
Additional paid in capital7,0352,6312,0482,9191,123
Accumulated deficit(5,762)(2,656)(1,643)  
Other undisclosed stockholders' equity attributable to parent   (1,535)(1,168)
Other undisclosed stockholders' equity   400 
Total stockholders' equity:1,281(23)4072,189(41)
TOTAL LIABILITIES AND EQUITY:1,4274948552,2070

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

12/31/2020
12/31/2019
12/31/2018
12/31/2013
12/31/2012
Revenues4141   
Realized investment gains (losses) 138(101)40 
Cost of revenue(176)(27) (52) 
Cost of goods and services sold(176)(27)   
Gross profit:(135)13 (52) 
Operating expenses(2,438)(944)(594)(21)(39)
Other undisclosed operating income  101  
Operating loss:(2,573)(930)(594)(73)(39)
Nonoperating income (expense)(465)(83)(375)1 
Investment income, nonoperating121241 
Interest and debt expense(198)(63)   
Loss before gain (loss) on sale of properties:(3,235)(1,076)(969)(72)(39)
Other undisclosed net income19863   
Net loss attributable to parent:(3,038)(1,013)(969)(72)(39)
Preferred stock dividends and other adjustments(69)    
Net loss available to common stockholders, diluted:(3,107)(1,013)(969)(72)(39)

Comprehensive Income ($ in thousands)

12/31/2020
12/31/2019
12/31/2018
12/31/2013
12/31/2012
Net loss:(3,038)(1,013)(969)(72)(39)
Comprehensive loss, net of tax, attributable to parent:(3,038)(1,013)(969)(72)(39)

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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