Ridgefield Acquisition Corp (RDGA) financial statements (2021 and earlier)

Company profile

Business Address 1267 FLYNN RD.
CAMARILLO, CA 93012
State of Incorp. CO
Fiscal Year End December 31
SIC 677 - Blank Checks (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
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3621311
Cash and cash equivalents3621311
Total current assets:3621311
Noncurrent Assets
TOTAL ASSETS:3621311
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:18331714
Interest and dividends payable    18103
Other undisclosed accounts payable and accrued liabilities1833(18)(2)11
Due to related parties3392692151571258748
Other undisclosed current liabilities3      
Total current liabilities:3422782171601269462
Noncurrent Liabilities
Total liabilities:3422782171601269462
Stockholders' equity
Stockholders' equity attributable to parent(340)(271)(215)(160)(123)(93)(61)
Common stock1111111
Additional paid in capital1,5161,5161,5161,5161,5161,5161,516
Accumulated deficit(1,857)(1,789)(1,733)(1,677)(1,641)(1,611)(1,579)
Total stockholders' equity:(340)(271)(215)(160)(123)(93)(61)
TOTAL LIABILITIES AND EQUITY:3621311

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Gross profit:     1 
Operating expenses(42)(33)(37)(20)(19)(27)(30)
Operating loss:(42)(33)(37)(20)(19)(26)(30)
Nonoperating expense(26)(23)(18)(17)(11)(5)(3)
Other nonoperating expense(3)(4)(3)(5)(2)  
Interest and debt expense(23)(19)(15)(12)(9)(6)(3)
Loss from continuing operations before income taxes:(92)(75)(71)(49)(38)(38)(36)
Income tax benefit1317    12
Loss before gain (loss) on sale of properties:(79)(58)(71)(49)(38)(38)(24)
Other undisclosed net income112     
Net loss:(68)(56)(71)(49)(38)(38)(24)
Other undisclosed net income (loss) attributable to parent  151295(9)
Net loss available to common stockholders, diluted:(68)(56)(56)(37)(29)(33)(33)

Comprehensive Income ($ in thousands)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net loss:(68)(56)(71)(49)(38)(38)(24)
Comprehensive loss, net of tax, attributable to parent:(68)(56)(71)(49)(38)(38)(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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