Sealand Natural Resources Inc (VAPN) financial statements (2020 and earlier)
Company profile
| Business Address |
50 W. LIBERTY STREET #880 RENO,, NV 89501 |
| State of Incorp. | NV |
| Fiscal Year End | May 31 |
| SIC | 208 - Beverages (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 5/31/2014 | 5/31/2013 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 810 | 34 | ||
| Cash and cash equivalents | 810 | 34 | ||
| Receivables | 531 | 247 | ||
| Inventory, net of allowances, customer advances and progress billings | 110 | 113 | ||
| Inventory | 110 | 113 | ||
| Prepaid expense | 48 | 3 | ||
| Total current assets: | 1,499 | 397 | ||
| Noncurrent Assets | ||||
| Property, plant and equipment | 86 | 62 | ||
| Other undisclosed noncurrent assets | 150 | 40 | ||
| Total noncurrent assets: | 236 | 102 | ||
| TOTAL ASSETS: | 1,734 | 499 | ||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities, including: | 49 | 396 | ||
| Other undisclosed accounts payable and accrued liabilities | 49 | 396 | ||
| Debt | 108 | 235 | ||
| Other liabilities | 250 | |||
| Other undisclosed current liabilities | 20 | |||
| Total current liabilities: | 407 | 651 | ||
| Noncurrent Liabilities | ||||
| Other undisclosed noncurrent liabilities | 407 | 651 | ||
| Total noncurrent liabilities: | 407 | 651 | ||
| Total liabilities: | 814 | 1,302 | ||
| Stockholders' equity | ||||
| Stockholders' equity attributable to parent, including: | 1,327 | (152) | ||
| Common stock | 3 | 2 | ||
| Common stock, share subscribed but unissued, subscriptions receivable | 1,004 | (379) | ||
| Additional paid in capital | 3,899 | 405 | ||
| Other undisclosed stockholders' equity attributable to parent | (3,578) | (180) | ||
| Total stockholders' equity: | 1,327 | (152) | ||
| Other undisclosed liabilities and equity | (407) | (651) | ||
| TOTAL LIABILITIES AND EQUITY: | 1,734 | 499 | ||
Income statement (P&L) ($ in thousands)
| 5/31/2014 | 5/31/2013 | ||
|---|---|---|---|
| Revenues (Revenue, Net) | 566 | 286 | |
| Cost of revenue | (541) | (94) | |
| Gross profit: | 24 | 192 | |
| Operating expenses | (2,529) | (828) | |
| Operating loss: | (2,505) | (636) | |
| Interest and debt expense | (150) | (12) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 42 | ||
| Loss from continuing operations before income taxes: | (2,613) | (647) | |
| Income tax expense | (760) | ||
| Net loss: | (3,373) | (647) | |
| Other undisclosed net income attributable to parent | 760 | ||
| Net loss available to common stockholders, diluted: | (2,613) | (647) | |
Comprehensive Income ($ in thousands)
| 5/31/2014 | 5/31/2013 | ||
|---|---|---|---|
| Net loss: | (3,373) | (647) | |
| Comprehensive loss, net of tax, attributable to parent: | (3,373) | (647) | |
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.