RENEWABLE ENERGY ACQUISITION CORP. (REAC) financial statements (2021 and earlier)

Company profile

Business Address 10935 57TH AVE NO.
PLYMOUTH, MN 55442
State of Incorp. NV
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
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments702201
Cash and cash equivalents702201
Prepaid expense  2   
Total current assets:703201
Noncurrent Assets
TOTAL ASSETS:703201
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities463827251112
Accounts payable463827251112
Debt201217   
Due to related parties998774716544
Other undisclosed current liabilities83    
Total current liabilities:173140118967656
Noncurrent Liabilities
Total liabilities:173140118967656
Stockholders' equity
Stockholders' equity attributable to parent(165)(140)(114)(94)(76)(56)
Common stock000002
Additional paid in capital646464646254
Accumulated deficit(229)(204)(178)(158)(138)(111)
Total stockholders' equity:(165)(140)(114)(94)(76)(56)
TOTAL LIABILITIES AND EQUITY:703201

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Operating expenses(18)(22)(18)(16)(23)(28)
Operating loss:(18)(22)(18)(16)(23)(28)
Nonoperating income
(Other Nonoperating income)
    18
Interest and debt expense(3)(3)(3)(4)(4)(2)
Loss from continuing operations before equity method investments, income taxes:(22)(26)(20)(20)(27)(23)
Other undisclosed loss from continuing operations before income taxes(4)(0)    
Net loss available to common stockholders, diluted:(25)(26)(20)(20)(27)(23)

Comprehensive Income ($ in thousands)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net loss:(25)(26)(20)(20)(27)(23)
Comprehensive loss, net of tax, attributable to parent:(25)(26)(20)(20)(27)(23)

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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