Quarta-Rad, Inc. (QURT) financial statements (2022 and earlier)

Company profile

Business Address 1201 ORANGE ST.
WILMINGTON, DE 19801
State of Incorp. DE
Fiscal Year End December 31
SIC 3823 - Industrial Instruments for Measurement, Display, and Control of Process Variables; and Related Products (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 10842877868
Cash and cash equivalents 10842877868
Receivables 48128843846
Inventory, net of allowances, customer advances and progress billings 89758516484
Inventory 89758516484
Prepaid expense   18  
Other undisclosed current assets 383   5
Total current assets: 629245274280202
Noncurrent Assets
Property, plant and equipment 4    
Total noncurrent assets: 4    
TOTAL ASSETS: 633245274280202
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 7712612251
Accounts payable     1
Taxes payable 71    
Other undisclosed accounts payable and accrued liabilities 71261225 
Due to related parties 1671481504578
Other undisclosed current liabilities 71    
Total current liabilities: 3152751627079
Noncurrent Liabilities
Total liabilities: 3152751627079
Stockholders' equity
Stockholders' equity attributable to parent, including: 318(30)112210123
Common stock 22222
Common stock, share subscribed but unissued, subscriptions receivable     (5)
Additional paid in capital 33765656565
Retained earnings (accumulated deficit) (21)(97)4514456
Other undisclosed stockholders' equity attributable to parent     5
Total stockholders' equity: 318(30)112210123
TOTAL LIABILITIES AND EQUITY: 633245274280202

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

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues 8588759081,210827
Revenue, net1,210827
Cost of revenue
(Cost of Goods and Services Sold)
 (645)(647)(675)(892)(706)
Gross profit: 213228234318121
Operating expenses (188)(370)(332)(231)(157)
Operating income (loss): 25(142)(98)87(36)
Income (loss) from continuing operations before income taxes: 25(142)(98)87(36)
Income tax expense (benefit) 51 21(22)12
Net income (loss): 75(142)(77)65(24)
Other undisclosed net income (loss) attributable to parent   (21)22(12)
Net income (loss) available to common stockholders, diluted: 75(142)(98)87(36)

Comprehensive Income ($ in thousands)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net income (loss): 75(142)(77)65(24)
Comprehensive income (loss), net of tax, attributable to parent: 75(142)(77)65(24)

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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