Synergy CHC Corp. (SNYR) financial statements (2020 and earlier)

Company profile

Business Address 865 SPRING STREET
WESTBROOK, ME 04092
State of Incorp. NV
Fiscal Year End December 31
SIC 2833 - Medicinal Chemicals and Botanical Products (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
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 4601,9562,5183,6410
Cash and cash equivalents 4601,9562,5183,6410
Receivables 4,8454,3342,1953,98019
Inventory, net of allowances, customer advances and progress billings 2,6702,8421,10368726
Inventory 2,6702,8421,10368726
Prepaid expense 8291,1431,34942210
Other undisclosed current assets 136139100607(0)
Total current assets: 8,94010,4147,2649,33755
Noncurrent Assets
Property, plant and equipment 27029325712 
Intangible assets, net (including goodwill) 10,80113,32512,93917,412 
Goodwill 7,7937,7937,79311,496 
Intangible assets, net (excluding goodwill) 3,0085,5325,1455,915 
Regulated entity, other noncurrent assets    379 
Total noncurrent assets: 11,07113,61913,19617,803 
TOTAL ASSETS: 20,01124,03320,46027,13955
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 8,3974,3294,5595,03275
Accrued liabilities 1,4591,3431,3703948
Employee-related liabilities 21729627612811
Taxes payable 18095973911 
Interest and dividends payable  14731  
Other undisclosed accounts payable and accrued liabilities 6,5412,4471,9093,95416
Debt 28(2,487)7507506
Derivative instruments and hedges, liabilities    3,096 
Due to related parties     100
Deferred revenue and credits336  
Other liabilities    2,552 
Other undisclosed current liabilities 1,9855,2916,8644,073 
Total current liabilities: 10,4117,13512,20915,503181
Noncurrent Liabilities
Long-term debt and lease obligation    5,208 
Long-term debt, excluding current maturities    5,208 
Liabilities, other than long-term debt 5,6297,464830  
Due to related parties 5,6297,464830  
Other undisclosed noncurrent liabilities   3141,009 
Total noncurrent liabilities: 5,6297,4641,1446,217 
Total liabilities: 16,04014,59913,35321,720181
Stockholders' equity
Stockholders' equity attributable to parent, including: 3,9719,4337,1075,420(126)
Common stock 11111
Common stock, share subscribed but unissued, subscriptions receivable   566840
Additional paid in capital 18,81818,37716,40013,921867
Accumulated other comprehensive income (loss) 179(78)16  
Accumulated deficit (15,027)(8,866)(9,366)(8,570)(1,033)
Other undisclosed stockholders' equity attributable to parent    0 
Total stockholders' equity: 3,9719,4337,1075,420(126)
TOTAL LIABILITIES AND EQUITY: 20,01124,03320,46027,13955

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues 33,82435,59634,84013,4569
Cost of revenue
(Cost of Goods and Services Sold)
 (12,474)(9,818)(10,205)(5,308)(6)
Gross profit: 21,35025,77824,6358,1484
Operating expenses (26,268)(23,955)(21,701)(7,662)(962)
Operating income (loss): (4,918)1,8222,934486(958)
Nonoperating income 1,4918862,7997,687 
Other nonoperating income 1,4911,0072,7857,633 
Interest and debt expense (1,133)1,044657959(2)
Income (loss) from continuing operations before equity method investments, income taxes: (4,560)3,7536,3909,132(960)
Other undisclosed loss from continuing operations before income taxes (1,849)(2,937)(6,241)(16,279) 
Income (loss) from continuing operations before income taxes: (6,408)816148(7,147)(960)
Income tax expense (benefit) 248(316)(944)(390) 
Net income (loss) available to common stockholders, diluted: (6,161)500(796)(7,537)(960)

Comprehensive Income ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss): (6,161)500(796)(7,537)(960)
Comprehensive income (loss): (6,161)500(796)(7,537)(960)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent 257(94)16  
Comprehensive income (loss), net of tax, attributable to parent: (5,904)406(780)(7,537)(960)

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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