2017 Form 10-K Financial Statement
#000121390019006353 Filed on April 15, 2019
Income Statement
| Concept | 2017 |
|---|---|
| Revenue | $53.79M |
| YoY Change | 5122.33% |
| Cost Of Revenue | $51.40M |
| YoY Change | 4749.06% |
| Gross Profit | $2.390M |
| YoY Change | -8066.67% |
| Gross Profit Margin | 4.44% |
| Selling, General & Admin | $3.960M |
| YoY Change | -23.4% |
| % of Gross Profit | 165.69% |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $150.0K |
| YoY Change | -16.67% |
| % of Gross Profit | 6.28% |
| Operating Expenses | $3.950M |
| YoY Change | -23.75% |
| Operating Profit | -$1.560M |
| YoY Change | -70.06% |
| Interest Expense | -$1.530M |
| YoY Change | 128.36% |
| % of Operating Profit | |
| Other Income/Expense, Net | $730.0K |
| YoY Change | 421.43% |
| Pretax Income | -$1.480M |
| YoY Change | -82.4% |
| Income Tax | -$1.090M |
| % Of Pretax Income | |
| Net Earnings | -$710.0K |
| YoY Change | -92.48% |
| Net Earnings / Revenue | -1.32% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$1.578M |
| COMMON SHARES | |
| Basic Shares Outstanding | |
| Diluted Shares Outstanding | 902.7K shares |
Balance Sheet
| Concept | 2017 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $90.00K |
| YoY Change | -65.38% |
| Cash & Equivalents | |
| Short-Term Investments | $0.00 |
| Other Short-Term Assets | $210.0K |
| YoY Change | -30.0% |
| Inventory | |
| Prepaid Expenses | |
| Receivables | $7.630M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $7.940M |
| YoY Change | 1223.33% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $10.00K |
| YoY Change | |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | $250.0K |
| YoY Change | |
| Other Assets | |
| YoY Change | |
| Total Long-Term Assets | $4.560M |
| YoY Change | 3700.0% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $7.940M |
| Total Long-Term Assets | $4.560M |
| Total Assets | $12.50M |
| YoY Change | 1636.11% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $5.570M |
| YoY Change | 318.8% |
| Accrued Expenses | |
| YoY Change | |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $3.180M |
| YoY Change | -9.4% |
| Long-Term Debt Due | $50.00K |
| YoY Change | -95.37% |
| Total Short-Term Liabilities | $14.65M |
| YoY Change | 41.96% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $120.0K |
| YoY Change | |
| Other Long-Term Liabilities | $2.900M |
| YoY Change | |
| Total Long-Term Liabilities | $3.020M |
| YoY Change | |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $14.65M |
| Total Long-Term Liabilities | $3.020M |
| Total Liabilities | $17.04M |
| YoY Change | 137.66% |
| SHAREHOLDERS EQUITY | |
| Retained Earnings | |
| YoY Change | |
| Common Stock | |
| YoY Change | |
| Preferred Stock | |
| YoY Change | |
| Treasury Stock (at cost) | |
| YoY Change | |
| Treasury Stock Shares | |
| Shareholders Equity | -$4.540M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $12.50M |
| YoY Change | 1636.11% |
Cashflow Statement
| Concept | 2017 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$710.0K |
| YoY Change | -92.48% |
| Depreciation, Depletion And Amortization | $150.0K |
| YoY Change | -16.67% |
| Cash From Operating Activities | -$310.0K |
| YoY Change | -66.67% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$10.00K |
| YoY Change | |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $140.0K |
| YoY Change | 55.56% |
| Cash From Investing Activities | $130.0K |
| YoY Change | 44.44% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 10.00K |
| YoY Change | -99.07% |
| NET CHANGE | |
| Cash From Operating Activities | -310.0K |
| Cash From Investing Activities | 130.0K |
| Cash From Financing Activities | 10.00K |
| Net Change In Cash | -170.0K |
| YoY Change | -173.91% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$310.0K |
| Capital Expenditures | -$10.00K |
| Free Cash Flow | -$300.0K |
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2017Q4 | cuen |
Glocal Card Services
GlocalCardServices
|
-36000 | USD |
| CY2018Q4 | cuen |
Glocal Card Services
GlocalCardServices
|
-36000 | USD |
| CY2017Q4 | us-gaap |
Due To Other Related Parties Current And Noncurrent
DueToOtherRelatedPartiesCurrentAndNoncurrent
|
2920000 | USD |
| CY2018Q4 | cuen |
Due To Asiya Communications
DueToAsiyaCommunications
|
26000 | USD |
| CY2017Q4 | cuen |
Michael Deprado
MichaelDeprado
|
100000 | USD |
| CY2018Q4 | cuen |
Michael Deprado
MichaelDeprado
|
100000 | USD |
| CY2017Q4 | cuen |
Orlando Toledo Net Of Discount
OrlandoToledoNetOfDiscount
|
2536000 | USD |
| CY2018Q4 | cuen |
Orlando Toledo Net Of Discount
OrlandoToledoNetOfDiscount
|
2613000 | USD |
| CY2017Q4 | cuen |
Next Cala
NextCala
|
7000 | USD |
| CY2018Q4 | cuen |
Next Cala
NextCala
|
14000 | USD |
| CY2018Q4 | us-gaap |
Due To Other Related Parties Current And Noncurrent
DueToOtherRelatedPartiesCurrentAndNoncurrent
|
2972000 | USD |
| CY2017Q4 | cuen |
Due To Asiya Communications
DueToAsiyaCommunications
|
6000 | USD |
| CY2017Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
30000 | USD |
| CY2018Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
30000 | USD |
| CY2018 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
535000 | USD |
| CY2017 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
902744 | shares |
