HG Holdings, Inc. (STLY) Financial Statements (2024 and earlier)

Company Profile

Business Address 2115 E. 7TH STREET, SUITE 101
CHARLOTTE, NC 28211
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 6798 - Real Estate Investment Trusts (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 investments15,02211,80611,3962,5676,057975
Cash and cash equivalents9,45811,80611,3962,5676,057975
Short-term investments5,564     
Restricted cash and investments5,5478,287234233404631
Receivables1061834887354883,146
Inventory, net of allowances, customer advances and progress billings      23,231
Inventory      23,231
Other undisclosed current assets636490437267273545
Total current assets:21,31120,76612,5553,8027,22228,528
Noncurrent Assets
Operating lease, right-of-use asset698447  
Property, plant and equipment1562047791,449
Long-term investments and receivables10,85012,44213,9559,7845,882 
Due from related parties   2,000  
Long-term investments10,85011,45012,0724,405  
Accounts and financing receivable, after allowance for credit loss  9921,8833,3795,882 
Intangible assets, net (including goodwill)6,8344,451    
Goodwill6,4924,451    
Intangible assets, net (excluding goodwill)342     
Deferred income tax assets    247
Other noncurrent assets1,2545555094944802,593
Deferred tax assets, net494 
Total noncurrent assets:19,79218,09914,47110,5326,8654,042
TOTAL ASSETS:41,10338,86527,02614,33414,08732,570
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities8614626318015612,240
Employee-related liabilities10425171,781
Accounts payable1671237299,252
Accrued liabilities694346581681101,207
Deferred revenue and credits500
Other undisclosed current liabilities5,7898,331    
Total current liabilities:6,6508,7936318015612,740
Noncurrent Liabilities
Long-term debt and lease obligation:  169    
Liabilities, other than long-term debt4401102432552877,595
Deferred compensation liability, classified      4,101
Liability, pension and other postretirement and postemployment benefits      1,701
Other liabilities291102432552871,793
Operating lease, liability411169  
Other undisclosed noncurrent liabilities587231    
Total noncurrent liabilities:1,0275102432552877,595
Total liabilities:7,6779,30330643544320,335
Equity
Equity, attributable to parent33,32229,56226,72013,89913,64412,235
Common stock5454684294294298
Additional paid in capital30,49130,45029,73817,37017,28517,104
Accumulated other comprehensive loss      (2,422)
Retained earnings (accumulated deficit)2,777(942)(3,702)(3,765)(3,935)(2,745)
Equity, attributable to noncontrolling interest104     
Total equity:33,42629,56226,72013,89913,64412,235
TOTAL LIABILITIES AND EQUITY:41,10338,86527,02614,33414,08732,570

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
Revenues14,4822,435   45,178
Revenue, net45,178
Cost of revenue(408)(326)   (40,342)
Cost of goods and services sold      (40,342)
Gross profit:14,0742,109   4,836
Operating expenses(10,117) (1,304)(1,133)(1,005)(13,042)
Operating income (loss):3,9572,109(1,304)(1,133)(1,005)(8,206)
Nonoperating income1,1531,0851,2921,19694332
Investment income, nonoperating1,1361,0571,2921,196943 
Other nonoperating income1728   32
Interest and debt expense  545    
Other undisclosed income from continuing operations before equity method investments, income taxes      430
Income (loss) from continuing operations before equity method investments, income taxes:5,1103,739(12)63(62)(7,744)
Loss from equity method investments(435)(381)(418)(430)  
Other undisclosed income (loss) from continuing operations before income taxes(992)(700)493453431 
Income (loss) from continuing operations before income taxes:3,6832,6586386369(7,744)
Income tax expense (benefit)(24)102 841,20235
Other undisclosed loss from continuing operations      
Income (loss) from continuing operations:3,6592,760631701,571(7,709)
Income (loss) before gain (loss) on sale of properties:2,76063170(1,440)(7,709)
Loss from discontinued operations     (3,011) 
Net income (loss):3,6592,76063170(1,440)(7,709)
Net income attributable to noncontrolling interest81     
Net income (loss) available to common stockholders, diluted:3,7402,76063170(1,440)(7,709)

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):3,6592,76063170(1,440)(7,709)
Other comprehensive income (loss)     2,422(160)
Comprehensive income (loss):3,6592,76063170982(7,869)
Comprehensive income, net of tax, attributable to noncontrolling interest81     
Comprehensive income (loss), net of tax, attributable to parent:3,7402,76063170982(7,869)

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.

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