Samsara Luggage, Inc. (SAML) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
ONE UNIVERSITY PLAZA, SUITE 505 HACKENSACK, NJ 07601 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 599 - Retail Stores, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 7/31/2019 | 7/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 168 | 827 | 54 | 477 | 0 | ||||
| Cash and cash equivalents | 168 | 827 | 54 | 477 | 0 | ||||
| Receivables | 1 | 4 | 4 | ||||||
| Inventory, net of allowances, customer advances and progress billings | 155 | 94 | 153 | 125 | |||||
| Inventory | 155 | 94 | 153 | 125 | |||||
| Other current assets | 21 | 53 | 14 | 1 | 25 | ||||
| Total current assets: | 345 | 974 | 211 | 616 | 2 | 28 | |||
| Noncurrent Assets | |||||||||
| Inventory, real estate | 52 | 47 | |||||||
| Property, plant and equipment | 3 | 4 | 5 | 3 | 4 | ||||
| Long-term investments and receivables | 569 | ||||||||
| Long-term investments | 569 | ||||||||
| Other noncurrent assets | 8 | ||||||||
| Total noncurrent assets: | 3 | 4 | 5 | 624 | 60 | ||||
| TOTAL ASSETS: | 345 | 977 | 215 | 621 | 626 | 88 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 47 | 341 | 199 | 83 | 16 | 35 | |||
| Accounts payable | 47 | 74 | 125 | 26 | 29 | 18 | |||
| Accrued liabilities | 267 | 74 | 57 | ||||||
| Other undisclosed accounts payable and accrued liabilities | (13) | 16 | |||||||
| Deferred revenue | 6 | 26 | ✕ | ||||||
| Debt | 1,228 | 256 | 289 | 250 | 80 | 52 | |||
| Due to related parties | 121 | 147 | 126 | 105 | 217 | ||||
| Other liabilities | 285 | 130 | |||||||
| Other undisclosed current liabilities | 633 | 774 | 513 | 1,372 | 749 | 18 | |||
| Total current liabilities: | 2,320 | 1,674 | 1,127 | 1,810 | 1,062 | 105 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 924 | 712 | |||||||
| Long-term debt, excluding current maturities | 924 | 712 | |||||||
| Total noncurrent liabilities: | 924 | 712 | |||||||
| Total liabilities: | 2,320 | 1,674 | 1,127 | 1,810 | 1,986 | 817 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (2,136) | (698) | (912) | (1,189) | (1,360) | (729) | |||
| Common stock | 205 | 78 | 354 | 65 | 65 | ||||
| Additional paid in capital | 10,464 | 9,646 | 6,385 | 5,366 | 576 | 576 | |||
| Accumulated other comprehensive loss | (42) | (5) | |||||||
| Accumulated deficit | (12,600) | (10,193) | (6,376) | (5,236) | (2,458) | (1,364) | |||
| Other undisclosed equity, attributable to parent | (356) | (999) | (1,673) | 500 | |||||
| Other undisclosed equity | 161 | 1 | |||||||
| Total equity: | (1,975) | (697) | (912) | (1,189) | (1,360) | (729) | |||
| TOTAL LIABILITIES AND EQUITY: | 345 | 977 | 215 | 621 | 626 | 88 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 7/31/2019 | 7/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,171 | 345 | 468 | 649 | ||||
| Cost of revenue | (285) | (525) | (181) | |||||
| Cost of goods and services sold | (181) | |||||||
| Other undisclosed gross profit | (822) | (293) | ||||||
| Gross profit: | 349 | 52 | 183 | 124 | (181) | |||
| Operating expenses | (1,722) | (2,013) | (1,636) | (2,031) | (364) | (223) | ||
| Other undisclosed operating income | 181 | |||||||
| Operating loss: | (1,373) | (1,961) | (1,453) | (1,907) | (364) | (223) | ||
| Nonoperating income (expense) | (1,033) | (1,856) | 313 | (1,235) | ||||
| Interest and debt expense | (33) | (109) | (584) | (314) | (210) | |||
| Loss from continuing operations before income taxes: | (2,439) | (3,926) | (1,724) | (3,456) | (574) | (223) | ||
| Other undisclosed income from continuing operations | 2,483 | 3,559 | ||||||
| Income (loss) from continuing operations: | 44 | (367) | (1,724) | (3,456) | (574) | (223) | ||
| Loss before gain (loss) on sale of properties: | ✕ | (367) | (1,724) | (3,456) | (574) | (223) | ||
| Other undisclosed net income (loss) | (2,450) | (3,450) | 584 | 314 | (520) | (156) | ||
| Net loss: | (2,406) | (3,817) | (1,140) | (3,142) | (1,094) | (378) | ||
| Other undisclosed net loss attributable to parent | ||||||||
| Net loss available to common stockholders, diluted: | (2,406) | (3,817) | (1,140) | (3,142) | (1,094) | (378) | ||
Comprehensive Income ($ in thousands)
| 3/31/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 7/31/2019 | 7/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (2,406) | (3,817) | (1,140) | (3,142) | (1,094) | (378) | ||
| Comprehensive loss: | (2,406) | (3,817) | (1,140) | (3,142) | (1,094) | (378) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (37) | 13 | ||||||
| Comprehensive loss, net of tax, attributable to parent: | (2,406) | (3,817) | (1,140) | (3,142) | (1,131) | (365) | ||
Statements Sources
The financial statements are based on the Company's filings with 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.