Spirits Time International, Inc. (SRSG) financial statements (2021 and earlier)

Company profile

Business Address 1661 LAKEVIEW CIRCLE
OGDEN, UT 84403
State of Incorp. NV
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)

9/30/2020
TTM
12/31/2019
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 01221010
Cash and cash equivalents 01221010
Inventory, net of allowances, customer advances and progress billings 8080    
Inventory 8080    
Prepaid expense  70    
Total current assets: 812721010
Noncurrent Assets
Intangible assets, net (including goodwill) 275     
Intangible assets, net (excluding goodwill) 275     
Other undisclosed noncurrent assets  275    
Total noncurrent assets: 275275    
TOTAL ASSETS: 3565471010
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 147     
Accounts payable 113     
Accrued liabilities 35     
Debt (40)153113896122
Due to related parties 145     
Other liabilities 55     
Other undisclosed current liabilities 423730122165130113
Total current liabilities: 730884235253191135
Noncurrent Liabilities
Total liabilities: 730884235253191135
Stockholders' equity
Stockholders' equity attributable to parent (375)(337)(234)(253)(190)(135)
Preferred stock 0     
Common stock 773000
Additional paid in capital 942685342102102102
Accumulated deficit (1,324)(1,029)(580)(355)(292)(237)
Total stockholders' equity: (375)(337)(234)(253)(190)(135)
TOTAL LIABILITIES AND EQUITY: 3565471010

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

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Gross profit: (70)     
Operating expenses (138)(346)(31)(35)(32)(54)
Other operating expense, net  (103)(194)(29)(22) 
Other undisclosed operating income 70     
Operating loss: (138)(449)(224)(64)(55)(54)
Nonoperating expense (158)     
Other nonoperating expense (70)     
Interest and debt expense (88)103(136)2922(18)
Loss from continuing operations before equity method investments, income taxes: (383)(346)(360)(35)(32)(71)
Other undisclosed income from continuing operations before income taxes 88     
Loss from continuing operations: (295)(346)(360)(35)(32)(71)
Loss from discontinued operations    (64)(55)(54)
Loss before gain (loss) on sale of properties: (295)(346)(360)(99)(87)(125)
Other undisclosed net income (loss)  (103)136353271
Net loss available to common stockholders, diluted: (295)(449)(224)(64)(55)(54)

Comprehensive Income ($ in thousands)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net loss: (295)(449)(224)(64)(55)(54)
Comprehensive loss, net of tax, attributable to parent: (295)(449)(224)(64)(55)(54)

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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