Power REIT (PW) financial statements (2021 and earlier)
Company profile
Business Address |
301 WINDING ROAD OLD BETHPAGE, NY 11804 |
State of Incorp. | MD |
Fiscal Year End | December 31 |
SIC | 6798 - Real Estate Investment Trusts (benchmarking) |
More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 16 | 2 | 1 | 1 | 0 | 1 | 0 | ||
Cash and cash equivalents | 16 | 2 | 1 | 1 | 0 | 1 | 0 | ||
Prepaid expense | 0 | 0 | 0 | 0 | 0 | 0 | |||
Total current assets: | 16 | 2 | 1 | 1 | 0 | 1 | 0 | ||
Noncurrent Assets | |||||||||
Property, plant and equipment | 9 | 7 | 7 | 7 | 7 | 7 | 2 | ||
Intangible assets, net (including goodwill) | 4 | 4 | 4 | 4 | 5 | 5 | 0 | ||
Intangible assets, net (excluding goodwill) | 4 | 4 | 4 | 4 | 5 | 5 | 0 | ||
Other noncurrent assets | 0 | 0 | 0 | 1 | 1 | 0 | |||
Total noncurrent assets: | 12 | 11 | 11 | 11 | 12 | 13 | 3 | ||
Other undisclosed assets | 10 | 9 | 9 | 9 | 9 | 9 | 9 | ||
TOTAL ASSETS: | 38 | 22 | 21 | 21 | 22 | 22 | 12 | ||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 0 | 0 | 0 | 0 | 1 | 0 | |||
Accounts payable | 0 | 0 | 0 | 0 | 1 | 0 | |||
Interest and dividends payable | 0 | 0 | 0 | 0 | 0 | ||||
Debt | 1 | 0 | 0 | 0 | 0 | 0 | (30) | ||
Due to related parties | 0 | 0 | 0 | ||||||
Deferred revenue and credits | ✕ | ✕ | 0 | 0 | 0 | 0 | 0 | ||
Total current liabilities: | 1 | 1 | 1 | 1 | 1 | 1 | (30) | ||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 24 | 9 | 10 | 9 | 2,477 | ||||
Long-term debt, excluding current maturities | 24 | 9 | 10 | 9 | 2,477 | ||||
Liabilities, other than long-term debt | 2 | 2 | |||||||
Due to related parties | 2 | 2 | |||||||
Total noncurrent liabilities: | 24 | 9 | 10 | 11 | 2,479 | ||||
Other undisclosed liabilities | 0 | 0 | 10 | 11 | (1) | (2,446) | |||
Total liabilities: | 25 | 10 | 10 | 10 | 11 | 11 | 3 | ||
Temporary equity, carrying amount | 3 | 3 | 3 | ||||||
Stockholders' equity | |||||||||
Stockholders' equity attributable to parent, including: | 10 | 9 | 8 | 7 | 7 | 8 | 9 | ||
Preferred stock | 3 | ||||||||
Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Additional paid in capital | 12 | 12 | 11 | 11 | 11 | 11 | 10 | ||
Accumulated deficit | (2) | (3) | (3) | (4) | (4) | (3) | (1) | ||
Other undisclosed stockholders' equity attributable to parent | (3) | ||||||||
Other undisclosed stockholders' equity | 3 | 3 | 3 | ||||||
Total stockholders' equity: | 10 | 9 | 8 | 11 | 11 | 11 | 9 | ||
TOTAL LIABILITIES AND EQUITY: | 38 | 22 | 21 | 21 | 22 | 22 | 12 |
Income statement (P&L) ($ in millions)
12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 2 | 2 | 2 | 2 | 2 | 2 | 1 | |
Revenue, net | ✕ | ✕ | 1 | 1 | 1 | 1 | 0 | |
Operating leases, income statement, lease revenue | ✕ | 1 | ✕ | ✕ | ✕ | ✕ | ✕ | |
Cost of revenue | (1) | (1) | (1) | (1) | (2) | (2) | ||
Gross profit: | 2 | 1 | 1 | 1 | 0 | 0 | 1 | |
Operating expenses | (1) | (1) | (1) | (1) | (0) | (2) | (1) | |
Other operating expense, net (Other Expenses) | (0) | |||||||
Operating income (loss): | 1 | 1 | 1 | 0 | (0) | (2) | (0) | |
Interest and debt expense | (1) | (0) | (0) | (1) | (1) | (1) | (0) | |
Net income (loss): | 0 | 0 | 0 | (0) | (2) | (3) | (0) | |
Other undisclosed net income (loss) attributable to parent | 1 | 0 | 0 | 1 | 1 | 1 | (0) | |
Net income (loss) attributable to parent: | 1 | 1 | 1 | 0 | (0) | (2) | (0) | |
Preferred stock dividends and other adjustments | (0) | (0) | (0) | (0) | (0) | |||
Other undisclosed net loss available to common stockholders, basic | (0) | |||||||
Net income (loss) available to common stockholders, diluted: | 1 | 1 | 0 | (0) | (1) | (2) | (0) |
Comprehensive Income ($ in millions)
12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
---|---|---|---|---|---|---|---|---|
Net income (loss): | 0 | 0 | 0 | (0) | (2) | (3) | (0) | |
Comprehensive income (loss), net of tax, attributable to parent: | 0 | 0 | 0 | (0) | (2) | (3) | (0) |
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.