GBT Technologies Inc.
Balance Sheet
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash & Equivalents | — | $5.1K | $21.1K | $0 | $0 | $618 | $411.7K |
| Accounts Receivable | $41.9K | — | $26.0K | — | — | — | — |
| Inventory | $262.7K | — | — | — | — | — | — |
| Total Current Assets | $1.6M | $10.3K | $73.0K | $0 | $440.0K | $508.8K | $1.7M |
| Property, Plant & Equipment | $263.1K | $699 | $2.0K | $3.4K | $5.0K | $8.4K | $13.9K |
| Goodwill | $950.6K | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $6.7M | — | — | — | — | — | — |
| Total Assets | $9.5M | $18.5K | $87.3K | $3.4K | $1.0M | $517.2K | $1.8M |
| Liabilities | |||||||
| Accounts Payable | $1.2M | $107.6K | $162.3K | $203.9K | $123.8K | $89.0K | $501.0K |
| Total Current Liabilities | $2.7M | $767.7K | $162.3K | $203.9K | $931.1K | $711.6K | $1.6M |
| Long-Term Debt | — | — | — | — | — | — | — |
| Total Liabilities | $5.3M | $821.6K | $201.2K | $455.7K | $931.1K | $711.6K | $1.6M |
| Stockholders' Equity | |||||||
| Retained Earnings | $-14.4M | $-4.1M | $-2.5M | $-2.4M | $-2.1M | $-1.8M | $-1.2M |
| Total Stockholders' Equity | $4.2M | $-803.0K | $-113.9K | $-452.3K | $113.9K | $-416.7K | $130.2K |