12 Retech Corporation (RETC) financial statements (2021 and earlier)

Company profile

Business Address 10785 W. TWAIN AVE.,
LAS VEGAS, NV 89135
State of Incorp. NV
Fiscal Year End December 31
SIC 7371 - Computer Programming Services (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2019
TTM
12/31/2018
12/31/2017
11/30/2016
11/30/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 3810005
Cash and cash equivalents 3810005
Receivables 163  
Inventory, net of allowances, customer advances and progress billings 23   
Inventory 23   
Prepaid expense 51  
Deposits current assets  14  
Other current assets 19   
Total current assets: 10111805
Noncurrent Assets
Property, plant and equipment 9891113
Other undisclosed noncurrent assets 3846  
Total noncurrent assets: 482141113
TOTAL ASSETS: 5831321118
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 1,235106131
Accounts payable 37931110
Accrued liabilities 4966721
Employee-related liabilities 206   
Interest and dividends payable 798  
Other undisclosed accounts payable and accrued liabilities 74   
Debt 158408  
Derivative instruments and hedges, liabilities 2,696   
Due to related parties 7666692816
Other undisclosed current liabilities 1,570   
Total current liabilities: 6,4261,1834117
Noncurrent Liabilities
Total liabilities: 6,4261,1834117
Temporary equity, carrying amount 945   
Stockholders' equity
Stockholders' equity attributable to parent, including: (5,843)(1,051)(30)1
Preferred stock  0  
Common stock 7100
Additional paid in capital 5,3311,2686348
Accumulated other comprehensive income 12  
Accumulated deficit (11,181)(2,414)(93)(47)
Other undisclosed stockholders' equity attributable to parent 093  
Other undisclosed stockholders' equity (945)   
Total stockholders' equity: (6,787)(1,051)(30)1
TOTAL LIABILITIES AND EQUITY: 5831321118

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

9/30/2019
TTM
12/31/2018
12/31/2017
11/30/2016
11/30/2015
Revenues 9361  
Cost of revenue (51)(50)  
Cost of goods and services sold  (50)  
Gross profit: 4211  
Operating expenses (3,298)(1,371)(45)(41)
Operating loss: (3,256)(1,360)(45)(41)
Nonoperating expense (5,512)(59)(1)(1)
Foreign currency transaction gain (loss), before tax   0(0)
Interest and debt expense (1,370)(8)(1)(1)
Other undisclosed income from continuing operations before equity method investments, income taxes  8  
Loss from continuing operations before equity method investments, income taxes: (10,137)(1,419)(47)(43)
Other undisclosed income from continuing operations before income taxes 1,370   
Net loss: (8,767)(1,419)(47)(43)
Other undisclosed net income attributable to parent   11
Net loss available to common stockholders, diluted: (8,767)(1,419)(46)(42)

Comprehensive Income ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
11/30/2016
11/30/2015
Net loss: (8,767)(1,419)(47)(43)
Comprehensive loss: (8,767)(1,419)(47)(43)
Other undisclosed comprehensive loss, net of tax, attributable to parent (0)(19)  
Comprehensive loss, net of tax, attributable to parent: (8,767)(1,437)(47)(43)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: