USA Equities Corp. (USAQ) financial statements (2021 and earlier)

Company profile

Business Address 901 NORTHPOINT PARKWAY
WEST PALM BEACH, FL 33407
State of Incorp. DE
Fiscal Year End December 31
SIC 7389 - Business Services, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
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 investments9424     
Cash and cash equivalents9424     
Receivables61      
Inventory, net of allowances, customer advances and progress billings100      
Inventory100      
Prepaid expense1232    
Total current assets:266262    
Noncurrent Assets
Deferred costs32      
Total noncurrent assets:32      
TOTAL ASSETS:298262    
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:16021195846213
Accounts payable   1111 13
Accrued liabilities    73  
Interest and dividends payable  9684 62 
Other undisclosed accounts payable and accrued liabilities16021(95)    
Debt55      
Due to related parties  1107070  
Other undisclosed current liabilities  96  398400
Total current liabilities:21521206166154460413
Noncurrent Liabilities
Long-term debt and lease obligation576342     
Long-term debt, excluding current maturities576342     
Other undisclosed noncurrent liabilities11694329329329  
Total noncurrent liabilities:692435329329329  
Total liabilities:906456535495484460413
Stockholders' equity
Stockholders' equity attributable to parent, including:(608)(430)(534)(495)(484)(460)(413)
Preferred stock00     
Common stock1100010
Common stock, share subscribed but unissued, subscriptions receivable     648 
Additional paid in capital1,1409917217217211,36946
Accumulated deficit(1,749)(1,421)(1,255)(1,216)(1,205)(1,182)(459)
Other undisclosed stockholders' equity attributable to parent     (1,296) 
Total stockholders' equity:(608)(430)(534)(495)(484)(460)(413)
TOTAL LIABILITIES AND EQUITY:298262    

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues125      
Cost of revenue(74)  (11)(11)(722)(12)
Gross profit:50  (11)(11)(722)(12)
Operating expenses(346)(154)(27)(0)(12) (29)
Operating loss:(296)(154)(27)(11)(23)(722)(40)
Interest and debt expense(31)(12)(11)(11)(11)(11)(12)
Net loss:(327)(167)(39)(23)(35)(734)(52)
Other undisclosed net income attributable to parent   11111112
Net loss available to common stockholders, diluted:(327)(167)(39)(11)(23)(722)(40)

Comprehensive Income ($ in thousands)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net loss:(327)(167)(39)(23)(35)(734)(52)
Comprehensive loss, net of tax, attributable to parent:(327)(167)(39)(23)(35)(734)(52)

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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