Quarta-Rad, Inc. (QURT) financial statements (2021 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)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments42877868
Cash and cash equivalents42877868
Receivables128843846
Inventory, net of allowances, customer advances and progress billings758516484
Inventory758516484
Prepaid expense 18  
Other undisclosed current assets   5
Total current assets:245274280202
Noncurrent Assets
TOTAL ASSETS:245274280202
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:12612251
Accounts payable   1
Other undisclosed accounts payable and accrued liabilities1261225 
Due to related parties1481504578
Total current liabilities:2751627079
Noncurrent Liabilities
Total liabilities:2751627079
Stockholders' equity
Stockholders' equity attributable to parent, including:(30)112210123
Common stock2222
Common stock, share subscribed but unissued, subscriptions receivable   (5)
Additional paid in capital65656565
Retained earnings (accumulated deficit)(97)4514456
Other undisclosed stockholders' equity attributable to parent   5
Total stockholders' equity:(30)112210123
TOTAL LIABILITIES AND EQUITY:245274280202

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues8759081,210827
Revenue, net1,210827
Cost of revenue
(Cost of Goods and Services Sold)
(647)(675)(892)(706)
Gross profit:228234318121
Operating expenses(370)(332)(231)(157)
Operating income (loss):(142)(98)87(36)
Income (loss) from continuing operations before income taxes:(142)(98)87(36)
Income tax expense (benefit) 21(22)12
Net income (loss):(142)(77)65(24)
Other undisclosed net income (loss) attributable to parent (21)22(12)
Net income (loss) available to common stockholders, diluted:(142)(98)87(36)

Comprehensive Income ($ in thousands)

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