Powerverde Inc (PWVI) financial statements (2021 and earlier)

Company profile

Business Address 21615 N. 2ND AVENUE
PHOENIX, AZ 85027
State of Incorp. NV
Fiscal Year End December 31
SIC 3621 - Motors and Generators (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
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments95208156
Cash and cash equivalents95208156
Prepaid expense221111435713
Other undisclosed current assets13610370171220
Total current assets:1303729414232239
Noncurrent Assets
Property, plant and equipment (108)182237
Intangible assets, net (including goodwill) (108)748710927
Intangible assets, net (excluding goodwill) (108)748710927
Regulated entity, other noncurrent assets719    
Other undisclosed noncurrent assets 1970   
Total noncurrent assets:7 759513164
TOTAL ASSETS:13737104509363303
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:7610139957942
Interest and dividends payable  0   
Other undisclosed accounts payable and accrued liabilities7610139957942
Debt97    48
Due to related parties     26
Other undisclosed current liabilities194  150425412
Total current liabilities:36810139245504528
Noncurrent Liabilities
Long-term debt and lease obligation204     
Long-term debt, excluding current maturities204     
Other undisclosed noncurrent liabilities21306    
Total noncurrent liabilities:224306    
Total liabilities:59240739245504528
Stockholders' equity
Stockholders' equity attributable to parent(462)(370)65263(141)(225)
Common stock444444
Treasury stock, value(791)(491)(491)(491)(491)(491)
Additional paid in capital13,43212,69012,61012,12912,12911,922
Accumulated deficit(13,106)(12,573)(12,058)(11,379)(11,783)(11,659)
Total stockholders' equity:(462)(370)65263(141)(225)
TOTAL LIABILITIES AND EQUITY:13037104509363303

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues4024190852588530
Revenue, net852588530
Other undisclosed gross profit     (0)
Gross profit:4024190852588530
Operating expenses(438)(436)(870)(421)(649)(900)
Other undisclosed operating income     0
Operating income (loss):(398)(412)(680)431(61)(370)
Nonoperating income (expense)(135)(102)1(27)(62)(56)
Investment income, nonoperating  21 1
Debt instrument, convertible, beneficial conversion feature713     
Interest and debt expense(135)(33)(1)(28)(62)(57)
Income (loss) from continuing operations before equity method investments, income taxes:(669)(548)(680)377(186)(484)
Other undisclosed income from continuing operations before income taxes135331286257
Net income (loss) available to common stockholders, diluted:(534)(515)(679)404(124)(427)

Comprehensive Income ($ in thousands)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):(534)(515)(679)404(124)(427)
Comprehensive income (loss), net of tax, attributable to parent:(534)(515)(679)404(124)(427)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: