AgriFORCE Growing Systems (AGRIW) Financial Statements
Price: $0.0046
Market Cap: $69.23K
Avg Volume: -
Market Cap: $69.23K
Avg Volume: -
Country: CA
Industry: Agricultural Farm Products
Sector: Consumer Defensive
Industry: Agricultural Farm Products
Sector: Consumer Defensive
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
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
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
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 |