Universal Solar Technology Inc (UNSS) financial statements (2021 and earlier)

Company profile

Business Address TIANHE DISTRICT, RM 2308 WEST WING
GUANGZHOU, 510623
State of Incorp. NV
Fiscal Year End December 31
SIC 3433 - Heating Equipment, Except Electric and Warm Air Furnaces (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments12161
Cash and cash equivalents12161
Receivables19171
Inventory, net of allowances, customer advances and progress billings7641,198
Inventory7641,198
Prepaid expense1,152
Prepaid expense and other current assets1,126
Total current assets:1,9472,656
Noncurrent Assets
Property, plant and equipment2,9153,003
Intangible assets, net (including goodwill)425421
Intangible assets, net (excluding goodwill)425421
Other undisclosed noncurrent assets301292
Total noncurrent assets:3,6403,717
TOTAL ASSETS:5,5876,373
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities504258
Accounts payable129258
Accrued liabilities284 
Employee-related liabilities92 
Due to related parties1,349 
Other liabilities 239
Other undisclosed current liabilities(92)991
Total current liabilities:1,7611,487
Noncurrent Liabilities
Liabilities, other than long-term debt14,48914,077
Due to related parties14,48914,077
Total noncurrent liabilities:14,48914,077
Total liabilities:16,25115,565
Stockholders' equity
Stockholders' equity attributable to parent(10,663)(9,192)
Common stock22
Additional paid in capital621621
Accumulated other comprehensive income (loss)(110)72
Accumulated deficit(11,176)(9,887)
Total stockholders' equity:(10,663)(9,192)
TOTAL LIABILITIES AND EQUITY:5,5876,373

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

12/31/2013
12/31/2012
Revenues159650
Revenue, net 650
Cost of revenue(493)(1,354)
Cost of goods and services sold(176)(1,354)
Gross profit:(334)(705)
Operating expenses(463)(4,488)
Operating loss:(797)(5,193)
Nonoperating income916
Other nonoperating income 16
Interest and debt expense(499) 
Net loss:(1,288)(5,177)
Other undisclosed net loss attributable to parent(1)(487)
Net loss available to common stockholders, diluted:(1,289)(5,664)

Comprehensive Income ($ in thousands)

12/31/2013
12/31/2012
Net loss:(1,288)(5,177)
Comprehensive loss:(1,288)(5,177)
Other undisclosed comprehensive loss, net of tax, attributable to parent(184)(517)
Comprehensive loss, net of tax, attributable to parent:(1,471)(5,694)

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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