SQL Technologies Corp. (SQFL) financial statements (2023 and earlier)

Company profile

Business Address 4400 NORTH POINT PARKWAY
ALPHARETTA, GA 30022
State of Incorp. FL
Fiscal Year End December 31
SIC 364 - Electric Lighting And Wiring Equipment (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4,8784,1264511,241
Cash and cash equivalents4,8784,1264511,241
Receivables1,050797234 
Inventory, net of allowances, customer advances and progress billings2,3532,401264 
Inventory2,3532,401264 
Prepaid expense62413630
Other current assets   66
Other undisclosed current assets  0(66)
Total current assets:8,3427,3659851,271
Noncurrent Assets
Property, plant and equipment195114128133
Intangible assets, net (including goodwill)2041068346
Intangible assets, net (excluding goodwill)2041068346
Regulated entity, other noncurrent assets  15162
Other undisclosed noncurrent assets1,6814,8787,1899,631
Total noncurrent assets:2,0815,0987,4159,972
TOTAL ASSETS:10,42312,4638,40011,243
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1,3641,0608081,042
Other undisclosed accounts payable and accrued liabilities1,3641,0608081,042
Debt   590
Derivative instruments and hedges, liabilities19,176   
Other undisclosed current liabilities11,07327,72428,3525,490
Total current liabilities:31,61328,78529,1607,121
Noncurrent Liabilities
Long-term debt and lease obligation 2754,1211,346
Long-term debt, excluding current maturities 2004,0401,251
Capital lease obligations 758195
Other undisclosed noncurrent liabilities3,45711,1017,86911,649
Total noncurrent liabilities:3,45711,37611,99012,995
Total liabilities:35,07040,16141,14920,116
Stockholders' equity
Stockholders' equity attributable to parent, including:(70,401)(72,091)(32,749)(8,873)
Preferred stock, shares subscribed but unissued, subscriptions receivable (78)  
Common stock80,10412,2942,892127
Additional paid in capital77,14556,9106,4726,359
Accumulated deficit(168,051)(141,182)(42,703)(15,324)
Other undisclosed stockholders' equity attributable to parent(59,599)(35)590(35)
Stockholders' equity attributable to noncontrolling interest(35)(35)(35)(35)
Other undisclosed stockholders' equity71717171
Total stockholders' equity:(70,366)(72,056)(32,714)(8,838)
Other undisclosed liabilities and equity45,71844,358(35)(35)
TOTAL LIABILITIES AND EQUITY:10,42312,4638,40011,243

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

12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues7,7017,0152,885 
Cost of revenue
(Cost of Goods and Services Sold)
(6,380)(6,136)(2,477) 
Other undisclosed gross profit  (40) 
Gross profit:1,321879368 
Operating expenses(8,224)(6,874)(5,242)(4,803)
Other operating income (expense), net
(Other Expenses)
(19,816)(92,460)(22,061)2,005
Operating loss:(26,719)(98,456)(26,936)(2,773)
Interest and debt expense(1,260)(41,129)(2,856)2,139
Loss from continuing operations before income taxes:(27,979)(139,585)(29,791)(633)
Other undisclosed income (loss) from continuing operations1,26041,1372,901(6,171)
Loss before gain (loss) on sale of properties:(26,719)(98,448)(26,890)(6,805)
Extraordinary item, gain50,438210 
Net loss:(26,719)(48,010)(26,681)(6,805)
Net income attributable to noncontrolling interest   0
Other undisclosed net loss attributable to parent (50,438)(210)(0)
Net loss available to common stockholders, diluted:(26,719)(98,448)(26,890)(6,805)

Comprehensive Income ($ in thousands)

12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net loss:(26,719)(48,010)(26,681)(6,805)
Comprehensive loss:(26,719)(48,010)(26,681)(6,805)
Comprehensive income, net of tax, attributable to noncontrolling interest   0
Comprehensive loss, net of tax, attributable to parent:(26,719)(48,010)(26,681)(6,805)

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: