EQ Energy Drink (EQLB) Financial Statements
Price: $0.0011
Market Cap: $157.01K
Avg Volume: 167.57K
Market Cap: $157.01K
Avg Volume: 167.57K
Country: US
Industry: Beverages - Non-Alcoholic
Sector: Consumer Defensive
Industry: Beverages - Non-Alcoholic
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 EQ Energy Drink.
Income Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $23.52K | $356 | $11.69K | $14.62K | $5.32K | $72.11K | $236.62K | $65.69K | $128.04K |
| Cost of Revenue | $5.35K | $- | $4.13K | $4.79K | $1.77K | $30.39K | $85.42K | $29.82K | $2.07K |
| Gross Profit | $18.17K | $356 | $7.56K | $9.83K | $3.55K | $41.73K | $151.21K | $35.87K | $125.97K |
| Gross Profit Ratio | 77.26% | 100.00% | 64.70% | 67.24% | 66.67% | 57.86% | 63.90% | 54.61% | 98.38% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $100.96K | $302.89K | $299.06K | $174.95K | $1.11M | $1.10M | $248.00K | $288.71K | $236.71K |
| Other Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Operating Expenses | $100.96K | $302.89K | $299.06K | $174.95K | $1.11M | $1.10M | $248.00K | $288.71K | $236.71K |
| Cost and Expenses | $106.31K | $302.89K | $303.19K | $179.74K | $1.11M | $1.13M | $333.42K | $318.53K | $238.79K |
| Interest Income | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Interest Expense | $87.48K | $- | $- | $545.30K | $- | $- | $- | $- | $- |
| Depreciation and Amortization | $167.90K | $228.49K | $236.56K | $206.30K | $171.86K | $161.14K | $52.52K | $22.82K | $2 |
| EBITDA | $-82.79K | $-302.54K | $-235.21K | $-165.13K | $-1.11M | $-1.06M | $-42.22K | $-252.84K | $-110.75K |
| EBITDA Ratio | -351.98% | -84983.15% | -2012.38% | -1129.71% | -20826.28% | -1471.04% | -17.84% | -384.91% | -86.50% |
| Operating Income | $-82.79K | $-302.54K | $-291.50K | $-165.13K | $-1.11M | $-1.06M | $-96.80K | $-252.84K | $-110.75K |
| Operating Income Ratio | -351.98% | -84983.15% | -2494.01% | -1129.71% | -20826.28% | -1471.04% | -40.91% | -384.90% | -86.50% |
| Total Other Income Expenses Net | $-87.48K | $1 | $56.30K | $-545.30K | $- | $-4 | $54.58K | $- | $- |
| Income Before Tax | $-170.27K | $-302.54K | $-235.21K | $-710.43K | $-1.11M | $-1.06M | $-42.22K | $-252.84K | $-110.75K |
| Income Before Tax Ratio | -723.91% | -84982.30% | -2012.38% | -4860.29% | -20826.28% | -1471.04% | -17.84% | -384.91% | -86.50% |
| Income Tax Expense | $-167.90K | $-228.49K | $-236.56K | $-206.30K | $-171.86K | $-161.14K | $-52.52K | $-22.82K | $- |
| Net Income | $-170.27K | $-302.54K | $-235.21K | $-710.43K | $-1.11M | $-1.06M | $-42.22K | $-252.84K | $-110.75K |
| Net Income Ratio | -723.91% | -84982.30% | -2012.38% | -4860.29% | -20826.28% | -1471.04% | -17.84% | -384.91% | -86.50% |
| EPS | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| EPS Diluted | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Weighted Average Shares Outstanding | 2.38B | 2.10B | 2.10B | 1.56B | 1.12B | 1.12B | 1.12B | 1.03B | 716.26M |
| Weighted Average Shares Outstanding Diluted | 2.38B | 2.10B | 2.10B | 1.56B | 1.12B | 1.12B | 1.12B | 1.03B | 716.26M |
| SEC Filing | Source | Source | Source | 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 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $2.67K | $7.77K | $2.86K | $6.34K | $4.09K | $1.35K | $1.88K | $1.86K | $4.45K |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $2.67K | $7.77K | $2.86K | $6.34K | $4.09K | $1.35K | $1.88K | $1.86K | $4.45K |
| Net Receivables | $- | $- | $- | $1 | $- | $835 | $835 | $2.48K | $- |
| Inventory | $44.32K | $61.55K | $28.29K | $32.41K | $37.20K | $182.31K | $11.70K | $3.28K | $934 |
| Other Current Assets | $17.50K | $17.50K | $17.50K | $17.50K | $17.50K | $17.50K | $17.50K | $15.00K | $15.00K |
| Total Current Assets | $64.49K | $86.82K | $48.64K | $56.25K | $58.79K | $202.00K | $31.91K | $22.63K | $20.39K |
| Property Plant Equipment Net | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Long Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Tax Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 |
| Total Non-Current Assets | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $0 |
| Total Assets | $64.99K | $87.32K | $49.14K | $56.75K | $59.29K | $202.50K | $32.41K | $23.13K | $20.89K |
| Account Payables | $28.46K | $26.48K | $22.37K | $23.17K | $22.65K | $7.62K | $2.34K | $- | $1.30K |
| Short Term Debt | $35.00K | $38.00K | $35.00K | $56.12K | $5.50K | $5.50K | $- | $- | $24.99K |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $- | $- | $- | $- | $-0 |
| Other Current Liabilities | $804.37K | $719.14K | $631.10K | $543.26K | $- | $- | $- | $28.20K | $36.30K |
| Total Current Liabilities | $867.84K | $783.62K | $688.46K | $622.55K | $28.15K | $13.12K | $2.34K | $28.20K | $62.59K |
| Long Term Debt | $846.80K | $866.37K | $889.00K | $877.23K | $874.44K | $839.40K | $790.05K | $748.73K | $555.36K |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $- | $-1 | $- | $- | $- | $-1 | $- | $- | $- |
| Total Non-Current Liabilities | $846.80K | $866.37K | $889.00K | $877.23K | $874.44K | $839.40K | $790.05K | $748.73K | $555.36K |
| Other Liabilities | $- | $1 | $-0 | $- | $- | $1 | $- | $- | $1 |
| Total Liabilities | $1.71M | $1.65M | $1.58M | $1.50M | $902.59K | $852.52K | $792.39K | $776.93K | $617.95K |
| Preferred Stock | $2 | $2 | $2 | $2 | $2 | $2 | $- | $- | $- |
| Common Stock | $244.52K | $236.89K | $216.99K | $206.02K | $206.88K | $196.46K | $142.44K | $125.10K | $79.00K |
| Retained Earnings | $-15.15M | $-14.98M | $-14.68M | $-14.45M | $-13.74M | $-12.62M | $-11.56M | $-11.52M | $-11.26M |
| Accumulated Other Comprehensive Income Loss | $-244.52K | $13.42M | $13.15M | $20.55K | $10.55K | $1.09K | $18.71K | $10.76M | $10.67M |
| Other Total Stockholders Equity | $13.50M | $-236.89K | $-216.99K | $12.78M | $12.67M | $11.77M | $10.64M | $-125.10K | $-79.00K |
| Total Stockholders Equity | $-1.65M | $-1.56M | $-1.53M | $-1.44M | $-842.80K | $-650.03K | $-759.98K | $-753.80K | $-597.06K |
| Total Equity | $-1.65M | $-1.56M | $-1.53M | $-1.44M | $-842.80K | $-650.03K | $-759.98K | $-753.80K | $-597.06K |
| Total Liabilities and Stockholders Equity | $64.99K | $87.32K | $49.14K | $56.75K | $59.79K | $202.50K | $32.41K | $23.13K | $20.89K |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $64.99K | $87.32K | $49.14K | $56.75K | $59.79K | $202.50K | $32.41K | $23.13K | $20.89K |
| Total Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Debt | $881.80K | $904.37K | $924.00K | $933.35K | $879.94K | $844.90K | $790.05K | $748.73K | $580.35K |
| Net Debt | $879.13K | $896.61K | $921.14K | $927.01K | $875.85K | $843.55K | $788.17K | $746.87K | $575.89K |
Cash Flow Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-170.27K | $-302.54K | $-235.21K | $-710.43K | $-1.11M | $-1.06M | $-42.22K | $-252.84K | $-110.75K |
| Depreciation and Amortization | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Income Tax | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $104.45K | $58.89K | $91.16K | $548.57K | $160.97K | $-159.84K | $-4.42K | $-6.13K | $-122.62K |
| Accounts Receivables | $- | $- | $- | $- | $835 | $- | $1.65K | $-2.48K | $270 |
| Inventory | $17.23K | $-33.27K | $4.13K | $4.79K | $145.11K | $-170.62K | $-8.41K | $-2.35K | $-122.86K |
| Accounts Payables | $1.99K | $4.11K | $-807 | $528 | $15.03K | $10.78K | $2.34K | $-1.30K | $466 |
| Other Working Capital | $85.23K | $88.05K | $87.84K | $543.26K | $- | $- | $- | $- | $-500 |
| Other Non Cash Items | $- | $29.16K | $-3.32K | $-5.32K | $66.26K | $933.48K | $4.42K | $6.13K | $122.12K |
| Net Cash Provided by Operating Activities | $-65.82K | $-243.65K | $-144.05K | $-161.86K | $-719.55K | $-447.01K | $-46.64K | $-258.98K | $-233.37K |
| Investments in Property Plant and Equipment | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Acquisitions Net | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Cash Used for Investing Activities | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Debt Repayment | $-22.57K | $-19.63K | $-9.35K | $53.91K | $34.54K | $169.36K | $41.14K | $157.07K | $102.84K |
| Common Stock Issued | $83.30K | $268.19K | $149.91K | $110.20K | $687.74K | $277.14K | $7.84K | $99.31K | $129.98K |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $- | $- | $- | $- | $- | $-10 | $180 | $- | $-500 |
| Net Cash Used Provided by Financing Activities | $60.72K | $248.56K | $140.56K | $164.11K | $722.28K | $446.48K | $49.16K | $256.38K | $232.32K |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $-5.10K | $4.91K | $-3.48K | $2.25K | $2.74K | $-529 | $23 | $-2.60K | $-1.05K |
| Cash at End of Period | $2.67K | $7.77K | $2.86K | $6.34K | $4.09K | $1.35K | $1.88K | $1.86K | $4.45K |
| Cash at Beginning of Period | $7.77K | $2.86K | $6.34K | $4.09K | $1.35K | $1.88K | $1.86K | $4.45K | $5.50K |
| Operating Cash Flow | $-65.82K | $-243.65K | $-144.05K | $-161.86K | $-719.55K | $-447.01K | $-46.64K | $-258.98K | $-233.37K |
| Capital Expenditure | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Free Cash Flow | $-65.82K | $-243.65K | $-144.05K | $-161.86K | $-719.55K | $-447.01K | $-46.64K | $-258.98K | $-233.37K |