Rafina Innovations Inc. (VICA) financial statements (2021 and earlier)

Company profile

Business Address KINTYRE HOUSE, 209 GOVAN ROAD,
GLASGOW, G51 1 HJ
State of Incorp.
Fiscal Year End December 31
SIC 3841 - Surgical and Medical Instruments and Apparatus (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments19352210408 0
Cash and cash equivalents19352210408 0
Receivables16187 6611  
Inventory, net of allowances, customer advances and progress billings44567
Inventory44567  
Prepaid expense4751447847 
Prepaid expense and other current assets1
Other undisclosed current assets  55(619)   
Total current assets:230495105137463 1
Noncurrent Assets
Property, plant and equipment68155214311103  
Total noncurrent assets:68155214311103  
TOTAL ASSETS:299650319447567 1
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:572583512355116  
Accounts payable    116  
Taxes payable8080     
Other undisclosed accounts payable and accrued liabilities492503512355   
Due to related parties1534150929539332 
Other undisclosed current liabilities206637383898781,290 
Total current liabilities:7931,5611,4041,5495871,322 
Noncurrent Liabilities
Long-term debt and lease obligation    (4)  
Long-term debt, excluding current maturities    (4)  
Liabilities, other than long-term debt   1640  
Deferred tax liabilities, net   00  
Due to related parties   164   
Other undisclosed noncurrent liabilities   124  
Total noncurrent liabilities:   1760  
Other undisclosed liabilities      7
Total liabilities:7931,5611,4041,7255871,3227
Stockholders' equity
Stockholders' equity attributable to parent, including:(494)(911)(1,085)(1,227)(20)(1,322)(6)
Common stock22419191 0
Additional paid in capital40,14733,81930,56228,76820,641372350
Accumulated other comprehensive income (loss)(56)(17)838954  
Accumulated deficit(40,586)(34,737)(31,749)(30,153)(20,717) (356)
Other undisclosed stockholders' equity attributable to parent   50 (1,694) 
Other undisclosed stockholders' equity   (50)   
Total stockholders' equity:(494)(911)(1,085)(1,277)(20)(1,322)(6)
TOTAL LIABILITIES AND EQUITY:299650319447567 1

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

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues4133566876027  
Revenue, net3566876027  
Cost of revenue
(Cost of Goods and Services Sold)
(144)(130)(322)(32)(17)  
Gross profit:2682263662810  
Operating expenses(4,505)(3,108)(1,971)(7,286)(3,275)(1,339)(14)
Operating loss:(4,236)(2,882)(1,606)(7,257)(3,265)(1,339)(14)
Nonoperating income (expense)(1,613)(25)0(1,837)(15,213)(0) 
Foreign currency transaction gain (loss), before tax(2) 2(27)4(0) 
Debt instrument, convertible, beneficial conversion feature   368540  
Other nonoperating expense (25)(2)(2,178)(15,758)  
Interest and debt expense(4)(18)4(2,184)(15,762)  
Other undisclosed income from continuing operations before equity method investments, income taxes4      
Loss from continuing operations before equity method investments, income taxes:(5,850)(2,925)(1,601)(11,279)(34,240)(1,339)(14)
Other undisclosed income (loss) from continuing operations before income taxes 18(6)1,84415,217  
Loss from continuing operations before income taxes:(5,850)(2,907)(1,607)(9,435)(19,022)(1,339)(14)
Income tax expense (benefit) (80)(11)1   
Loss before gain (loss) on sale of properties:(5,850)(2,987)(1,619)(9,434)(19,022)(1,339)(14)
Other undisclosed net income (loss)  22(2)   
Net loss available to common stockholders, diluted:(5,850)(2,987)(1,596)(9,436)(19,022)(1,339)(14)

Comprehensive Income ($ in thousands)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net loss:(5,850)(2,987)(1,596)(9,436)(19,022)(1,339)(14)
Comprehensive loss:(5,850)(2,987)(1,596)(9,436)(19,022)(1,339)(14)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(39)(101)(6)3554  
Comprehensive loss, net of tax, attributable to parent:(5,889)(3,088)(1,602)(9,401)(18,969)(1,339)(14)

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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