Splash Beverage Group, Inc. (NV) (SBEV) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1314 E LAS OLAS BLVD, SUITE 221 FORT LAUDERDALE, FL 33301 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 208 - Beverages (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 4,432 | 4,181 | 380 | 23 | 7 | 18 | |||
| Cash and cash equivalents | 4,432 | 4,181 | 380 | 23 | 7 | 18 | |||
| Receivables | 2,156 | 1,156 | 576 | 310 | 301 | 151 | |||
| Inventory, net of allowances, customer advances and progress billings | 3,721 | 1,923 | 798 | 31 | 42 | 25 | |||
| Inventory | 3,721 | 1,923 | 798 | 31 | 42 | 25 | |||
| Prepaid expense | 348 | 607 | 173 | ||||||
| Disposal group, including discontinued operation | 473 | 317 | |||||||
| Other undisclosed current assets | 19 | ||||||||
| Total current assets: | 10,658 | 8,342 | 2,244 | 382 | 350 | 194 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 750 | 1,031 | 80 | ✕ | ✕ | ||||
| Property, plant and equipment | 490 | 570 | 681 | 44 | 59 | 47 | |||
| Intangible assets, net (including goodwill), including: | 5,108 | 5,673 | 5,892 | ||||||
| Goodwill | 257 | 5,673 | |||||||
| Intangible assets, net (excluding goodwill) | 4,851 | 189 | 220 | ||||||
| Other undisclosed intangible assets, net (including goodwill) | 5,484 | ||||||||
| Other undisclosed noncurrent assets | 299 | 769 | 328 | ||||||
| Total noncurrent assets: | 6,647 | 8,043 | 6,982 | 44 | 59 | 47 | |||
| TOTAL ASSETS: | 17,305 | 16,385 | 9,226 | 426 | 408 | 241 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 3,525 | 2,085 | 1,965 | 354 | 331 | 226 | |||
| Interest and dividends payable | ✕ | ✕ | 171 | 443 | |||||
| Accounts payable | 3,383 | 1,913 | 1,522 | 354 | 331 | 226 | |||
| Accrued liabilities | 142 | ||||||||
| Debt | 1,080 | 2,968 | 1,100 | 25 | 16 | 23 | |||
| Disposal group, including discontinued operation | 389 | 592 | |||||||
| Business combination, contingent consideration, liability | 92 | ||||||||
| Due to related parties | ✕ | 1,044 | 369 | 198 | |||||
| Other undisclosed current liabilities | 269 | 294 | 1,391 | 66 | 58 | 51 | |||
| Total current liabilities: | 4,966 | 6,779 | 5,416 | 643 | 405 | 300 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 2,536 | 733 | 1,266 | 5 | 5 | 14 | |||
| Long-term debt, excluding current maturities | 2,536 | 1,240 | 2 | 5 | 14 | ||||
| Other undisclosed long-term debt and lease obligation | 3 | ||||||||
| Liabilities, other than long-term debt | 481 | 2,647 | |||||||
| Due to related parties | ✕ | 667 | |||||||
| Operating lease, liability | 481 | 733 | 26 | ✕ | ✕ | ||||
| Business combination, contingent consideration, liability | 1,980 | ||||||||
| Other undisclosed noncurrent liabilities | (733) | (3) | |||||||
| Total noncurrent liabilities: | 3,017 | 733 | 3,912 | 2 | 5 | 14 | |||
| Total liabilities: | 7,983 | 7,512 | 9,328 | 645 | 411 | 314 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 9,322 | 8,873 | (9,351) | (219) | (3) | (73) | |||
| Common stock | 41 | 34 | 63 | 346 | 246 | 244 | |||
| Additional paid in capital | 121,633 | 99,480 | 52,176 | 161 | |||||
| Accumulated other comprehensive loss | (20) | ||||||||
| Accumulated deficit | (112,331) | (90,641) | (61,590) | (725) | (248) | (316) | |||
| Other undisclosed equity, attributable to parent | (0) | ||||||||
| Other undisclosed equity | 9,249 | ||||||||
| Total equity: | 9,322 | 8,873 | (102) | (219) | (3) | (73) | |||
| TOTAL LIABILITIES AND EQUITY: | 17,305 | 16,385 | 9,226 | 426 | 408 | 241 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 18,087 | 11,316 | 2,976 | 1,018 | 1,309 | 895 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 895 | |
| Cost of revenue | (12,169) | (8,734) | (2,252) | (509) | (605) | (440) | ||
| Cost of goods and services sold | (440) | |||||||
| Gross profit: | 5,919 | 2,582 | 724 | 509 | 704 | 455 | ||
| Operating expenses | (27,313) | (31,665) | (18,025) | (979) | (637) | (612) | ||
| Operating income (loss): | (21,395) | (29,083) | (17,301) | (470) | 67 | (157) | ||
| Nonoperating income (expense) | (245) | (262) | (1,926) | (7) | 2 | 10 | ||
| Other nonoperating income (expense) | (245) | (262) | (1,926) | (7) | 2 | 10 | ||
| Interest and debt expense | (251) | 130 | 26 | (8) | (6) | (4) | ||
| Income (loss) from continuing operations before income taxes: | (21,892) | (29,215) | (19,202) | (486) | 62 | (152) | ||
| Income tax expense | (14) | |||||||
| Income (loss) from continuing operations: | (21,892) | (29,215) | (19,202) | (486) | 48 | (152) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | (28,920) | (28,649) | (486) | 48 | (152) | |
| Income (loss) from discontinued operations | (199) | 295 | (9,447) | |||||
| Other undisclosed net income (loss) | 380 | 57,971 | (26) | 8 | ||||
| Net income (loss): | (21,711) | 29,051 | (28,675) | (477) | 48 | (152) | ||
| Other undisclosed net income attributable to parent | 20 | 20 | 4 | |||||
| Net income (loss) attributable to parent: | (21,690) | 29,051 | (28,675) | (477) | 68 | (148) | ||
| Other undisclosed net loss available to common stockholders, basic | (58,102) | |||||||
| Net income (loss) available to common stockholders, diluted: | (21,690) | (29,051) | (28,675) | (477) | 68 | (148) | ||
Comprehensive Income ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (21,711) | 29,051 | (28,675) | (477) | 48 | (152) | ||
| Other comprehensive loss | (21,711) | |||||||
| Other undisclosed comprehensive loss | ||||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (43,422) | 29,051 | (28,675) | (477) | 48 | (152) | ||
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.