Sustainable Projects Group Inc. (SPGX) financial statements (2022 and earlier)

Company profile

Business Address 2316 PINE RIDGE ROAD, 383
NAPLES, FL 34109
State of Incorp.
Fiscal Year End December 31
SIC 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2021
12/31/2020
12/31/2019
5/31/2018
5/31/2017
5/31/2016
5/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5616928  4
Cash and cash equivalents561691  4
Short-term investments   27   
Receivables  1326   
Inventory, net of allowances, customer advances and progress billings576562    
Inventory576562    
Prepaid expense 9857 0
Other undisclosed current assets4 51,053161  
Total current assets:117752761,093168 4
Noncurrent Assets
Operating lease, right-of-use asset  73
Property, plant and equipment2582   
Long-term investments and receivables   200   
Accounts and financing receivable, after allowance for credit loss   200   
Intangible assets, net (including goodwill)248275816400   
Goodwill157157     
Intangible assets, net (excluding goodwill)92119816400   
Other undisclosed noncurrent assets  33,4743,750  
Total noncurrent assets:2512808994,0763,750  
TOTAL ASSETS:3683551,1755,1693,918 4
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:17413812269381618
Accounts payable162      
Accrued liabilities12312669381618
Interest and dividends payable 42 493422
Other undisclosed accounts payable and accrued liabilities 10395 (49)(34)(22)
Debt20 56 254154134
Due to related parties9936191918 
Deferred revenue and credits 30  
Other undisclosed current liabilities395642    
Total current liabilities:33223023988323178152
Noncurrent Liabilities
Long-term debt and lease obligation1002034    
Long-term debt, excluding current maturities1002020    
Operating lease, liability  14
Liabilities, other than long-term debt 5050    
Due to related parties 5050    
Total noncurrent liabilities:1007084    
Other undisclosed liabilities(0)  29593422
Total liabilities:432300324117382212174
Stockholders' equity
Stockholders' equity attributable to parent, including:(152)(19)1165,0523,536(212)(170)
Common stock1111111
Common stock, share subscribed but unissued, subscriptions receivable    60  
Additional paid in capital3,0913,0812,7476,7983,8061616
Retained earnings (accumulated deficit)(3,244)(3,101)(2,632)(1,746)(330) 187
Other undisclosed stockholders' equity attributable to parent     (229)(374)
Stockholders' equity attributable to noncontrolling interest67 736    
Other undisclosed stockholders' equity2174     
Total stockholders' equity:(64)558525,0523,536(212)(170)
TOTAL LIABILITIES AND EQUITY:3683551,1755,1693,918 4

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

12/31/2021
12/31/2020
12/31/2019
5/31/2018
5/31/2017
5/31/2016
5/31/2015
Revenues55106655  
Cost of revenue
(Cost of Goods and Services Sold)
(7)(4)     
Other undisclosed gross profit (1)     
Gross profit:(1)(0)106655  
Operating expenses(143) (1,184)(1,177)(92)(30)(23)
Other undisclosed operating loss(6)      
Operating loss:(150)(0)(1,078)(1,112)(87)(30)(23)
Nonoperating income
(Other Nonoperating income)
   6   
Interest and debt expense(6)(2)(2)(3)(14)(12)(10)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes  5(307)   
Loss from continuing operations before equity method investments, income taxes:(157)(3)(1,076)(1,416)(101)(42)(33)
Other undisclosed income (loss) from continuing operations before income taxes149(266)     
Loss from continuing operations before income taxes:(7)(269)(1,076)(1,416)(101)(42)(33)
Income tax expense (benefit)2(116)     
Other undisclosed income (loss) from continuing operations(145)379     
Loss from continuing operations:(150)(6)(1,076)(1,416)(101)(42)(33)
Loss from discontinued operations (42)     
Net loss:(150)(48)(1,076)(1,416)(101)(42)(33)
Net income (loss) attributable to noncontrolling interest(7)48552    
Other undisclosed net income (loss) attributable to parent93(221)     
Net loss attributable to parent:(65)(221)(524)(1,416)(101)(42)(33)
Other undisclosed net loss available to common stockholders, basic(78)      
Net loss available to common stockholders, diluted:(143)(221)(524)(1,416)(101)(42)(33)

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
5/31/2018
5/31/2017
5/31/2016
5/31/2015
Net loss:(150)(48)(1,076)(1,416)(101)(42)(33)
Comprehensive loss:(150)(48)(1,076)(1,416)(101)(42)(33)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(7)48552    
Comprehensive loss, net of tax, attributable to parent:(158) (524)(1,416)(101)(42)(33)

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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