AgriFORCE Growing Systems (AGRIW) Financial Statements

Price: $0.0046
Market Cap: $69.23K
Avg Volume: -
Country: CA
Industry: Agricultural Farm Products
Sector: Consumer Defensive
Beta: 0.079
52W Range: $0.0046-0.008
Website: AgriFORCE Growing Systems

Overview of Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:

  • Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
  • Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
  • Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.

This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of AgriFORCE Growing Systems.


Income Statement

Revenue
Cost of Revenue
Revenue and Costs$15.00M$15.00M$12.00M$12.00M$9.00M$9.00M$6.00M$6.00M$3.00M$3.00M$0.00$0.00201920192020202020212021202220222023202320242024
Operating Expenses
Operating Income
Operating Expenses & Income$14.00M$14.00M$7.00M$7.00M$0.00$0.00-$7.00M-$7.00M-$14.00M-$14.00M201920192020202020212021202220222023202320242024
Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018
Revenue $16.28K $- $- $- $- $-
Cost of Revenue $13.58K $13.66M $11.80K $9.06K $8.11K $-
Gross Profit $2.70K $-13.66M $-11.80K $-9.06K $-8.11K $-
Gross Profit Ratio 16.61% 0.00% 0.00% 0.00% 0.00% 0.00%
Research and Development Expenses $6.59K $615.69K $474.34K $123.92K $1.11M $881.43K
General and Administrative Expenses $7.60M $12.35M $6.37M $3.20M $3.81M $1.75M
Selling and Marketing Expenses $221.84K $387.13K $- $- $- $-
Selling General and Administrative Expenses $7.83M $12.74M $6.37M $3.20M $3.81M $1.75M
Other Expenses $3.32M $303.25K $81.39K $22.48K $198.05K $3.29K
Operating Expenses $11.16M $13.66M $6.93M $3.35M $5.12M $2.72M
Cost and Expenses $11.17M $13.66M $6.93M $3.35M $5.12M $2.72M
Interest Income $- $3.32K $-0.00B $- $- $-
Interest Expense $7.96M $3.40M $483.53K $- $- $-
Depreciation and Amortization $679.84K $22.41K $11.80K $9.06K $8.11K $3.29K
EBITDA $-3.09M $-12.51M $-6.15M $-3.32M $-5.11M $-1.98M
EBITDA Ratio -18979.61% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Income $-11.15M $-13.66M $-6.93M $-3.33M $-5.12M $-2.74M
Operating Income Ratio -68502.59% 0.00% 0.00% 0.00% 0.00% 0.00%
Total Other Income Expenses Net $-580.30K $783.17K $285.70K $123.84K $- $-
Income Before Tax $-11.73M $-12.87M $-6.64M $-3.22M $-5.12M $-2.74M
Income Before Tax Ratio -72066.89% 0.00% 0.00% 0.00% 0.00% 0.00%
Income Tax Expense $- $-3.40M $483.53K $-123.84K $3.60K $23.15K
Net Income $-11.73M $-9.48M $-7.13M $-3.10M $-5.12M $-2.74M
Net Income Ratio -72066.89% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS $-10.11 $-0.52 $-0.47 $-0.21 $-0.35 $-16.08
EPS Diluted $-10.11 $-0.52 $-0.47 $-0.21 $-0.35 $-16.08
Weighted Average Shares Outstanding 1.16M 18.08M 15.18M 14.52M 14.52M 170.72K
Weighted Average Shares Outstanding Diluted 1.16M 18.08M 15.18M 14.52M 14.52M 170.72K
SEC Filing Source Source Source Source Source Source

Balance Sheet

Total Assets
Total Liabilities
Total Assets and Liabilities$25.00M$25.00M$20.00M$20.00M$15.00M$15.00M$10.00M$10.00M$5.00M$5.00M$0.00$0.00201920192020202020212021202220222023202320242024
Equity$12.00M$12.00M$9.00M$9.00M$6.00M$6.00M$3.00M$3.00M$0.00$0.00-$3.00M-$3.00M201920192020202020212021202220222023202320242024
Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018
Cash and Cash Equivalents $3.88M $2.27M $7.78M $653.41K $2.16M $79.02K
Short Term Investments $- $12.00K $32.00K $170.00K $4.44K $33.84K
Cash and Short Term Investments $3.88M $2.27M $7.78M $653.41K $2.16M $79.02K
Net Receivables $30.86K $48.94K $32.33K $8.97K $47.70K $-
Inventory $38.86K $548.83K $246.44K $170.00K $9.45K $57.56K
Other Current Assets $272.87K $598.34K $309.04K $43.04K $97.82K $117.18K
Total Current Assets $4.22M $2.92M $8.12M $875.42K $2.30M $196.20K
Property Plant Equipment Net $125.37K $5.84M $2.12M $2.10M $2.07M $27.91K
Goodwill $- $- $- $- $- $-
Intangible Assets $12.73M $13.09M $1.48M $- $- $-
Goodwill and Intangible Assets $12.73M $13.09M $1.48M $- $- $-
Long Term Investments $223.80K $- $- $- $- $-
Tax Assets $- $- $- $- $- $-
Other Non-Current Assets $63.71K $- $50.61K $390.93K $- $-
Total Non-Current Assets $13.15M $18.93M $3.65M $2.49M $2.07M $27.91K
Other Assets $- $- $- $- $- $-
Total Assets $17.37M $21.85M $11.77M $3.37M $4.37M $224.11K
Account Payables $578.13K $498.19K $551.28K $991.57K $923.81K $181.26K
Short Term Debt $4.08M $4.21M $- $- $- $-
Tax Payables $- $- $- $- $- $-
Deferred Revenue $- $- $- $- $- $-
Other Current Liabilities $1.38M $649.55K $1.73M $939.42K $451.78K $82.93K
Total Current Liabilities $6.04M $5.36M $2.29M $1.93M $1.38M $264.19K
Long Term Debt $45.37K $1.29M $47.33K $31.42K $- $-
Deferred Revenue Non-Current $- $- $12.95K $- $- $-
Deferred Tax Liabilities Non-Current $- $- $-12.95K $- $- $-
Other Non-Current Liabilities $2.72M $4.65M $1.43M $- $- $-
Total Non-Current Liabilities $2.76M $5.94M $1.48M $31.42K $- $181.26K
Other Liabilities $- $- $- $- $- $-181.26K
Total Liabilities $8.80M $11.30M $3.77M $1.96M $1.38M $264.19K
Preferred Stock $- $- $- $6.72M $6.72M $-
Common Stock $49.83M $27.14M $25.64M $5.70M $3.73M $2.37M
Retained Earnings $-44.51M $-32.77M $-19.90M $-12.52M $-8.35M $-2.74M
Accumulated Other Comprehensive Income Loss $-229.50K $-642.71K $-33.09K $119.05K $164.91K $10.90K
Other Total Stockholders Equity $3.47M $16.82M $2.30M $1.30M $726.36K $320.18K
Total Stockholders Equity $8.56M $10.54M $8.00M $1.40M $2.99M $-40.08K
Total Equity $8.56M $10.54M $8.00M $1.40M $2.99M $-40.08K
Total Liabilities and Stockholders Equity $17.37M $21.85M $11.77M $3.37M $4.37M $224.11K
Minority Interest $- $- $- $- $- $-
Total Liabilities and Total Equity $17.37M $21.85M $11.77M $3.37M $4.37M $224.11K
Total Investments $223.80K $12.00K $32.00K $170.00K $4.44K $33.84K
Total Debt $4.13M $5.51M $47.33K $31.42K $- $-
Net Debt $251.43K $3.24M $-7.73M $-621.99K $-2.16M $-79.02K

Cash Flow Statement

Operating Cash Flow
Investing Cash Flow
Operating and Investing Cash Flow$0.00$0.00-$3.00M-$3.00M-$6.00M-$6.00M-$9.00M-$9.00M-$12.00M-$12.00M-$15.00M-$15.00M201920192020202020212021202220222023202320242024
Financing Cash Flow$15.00M$15.00M$12.00M$12.00M$9.00M$9.00M$6.00M$6.00M$3.00M$3.00M$0.00$0.00201920192020202020212021202220222023202320242024
Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018
Net Income $-11.73M $-12.87M $-6.64M $-3.22M $-5.12M $-2.74M
Depreciation and Amortization $679.84K $22.41K $11.80K $9.06K $8.11K $3.29K
Deferred Income Tax $- $- $-606.25K $- $- $-
Stock Based Compensation $763.23K $940.95K $930.52K $571.21K $401.87K $208.32K
Change in Working Capital $1.10M $-173.76K $365.45K $351.47K $338.87K $147.01K
Accounts Receivables $18.08K $-16.61K $-23.35K $38.72K $-10.82K $-36.87K
Inventory $-38.86K $16.61K $23.35K $- $- $-
Accounts Payables $834.15K $75.55K $662.17K $257.97K $367.20K $264.19K
Other Working Capital $290.75K $-249.31K $-296.72K $54.78K $-17.51K $-80.31K
Other Non Cash Items $2.68M $4.14K $804.65K $438.08K $62.81K $812.00K
Net Cash Provided by Operating Activities $-6.51M $-12.08M $-5.14M $-1.85M $-4.31M $-1.57M
Investments in Property Plant and Equipment $- $-660.01K $-1.01M $-171.57K $-1.30M $-31.04K
Acquisitions Net $- $- $-744.19K $- $- $-
Purchases of Investments $-225.00K $- $- $- $- $-
Sales Maturities of Investments $- $- $- $- $- $-
Other Investing Activities $- $20.00K $744.19K $-170.00K $- $-
Net Cash Used for Investing Activities $-225.00K $-640.01K $-1.01M $-171.57K $-1.30M $-31.04K
Debt Repayment $7.47M $9.95M $-134.07K $31.42K $372.63K $-
Common Stock Issued $1.34M $- $15.64M $666.88K $7.94M $1.72M
Common Stock Repurchased $- $- $- $- $-19.14K $-
Dividends Paid $- $- $- $- $- $-
Other Financing Activities $-541.14K $-2.38M $-2.10M $573.38K $-1.56M $-47.86K
Net Cash Used Provided by Financing Activities $8.27M $7.56M $13.41M $604.80K $7.51M $1.67M
Effect of Forex Changes on Cash $65.26K $-346.70K $-139.93K $-87.00K $178.70K $10.73K
Net Change in Cash $1.61M $-5.51M $7.12M $-1.51M $2.08M $79.02K
Cash at End of Period $3.88M $2.27M $7.78M $653.41K $2.16M $79.02K
Cash at Beginning of Period $2.27M $7.78M $653.41K $2.16M $79.02K $-
Operating Cash Flow $-6.51M $-12.08M $-5.14M $-1.85M $-4.31M $-1.57M
Capital Expenditure $- $-660.01K $-1.01M $-171.57K $-1.30M $-31.04K
Free Cash Flow $-6.51M $-12.74M $-6.14M $-2.02M $-5.61M $-1.61M