2018 Q4 Form 10-K Financial Statement

#000167479619000049 Filed on April 02, 2019

View on sec.gov

Income Statement

Concept 2018 Q4 2017 Q4 2017
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $34.62K $30.00K $153.0K
YoY Change 15.4% 0.0% 11.46%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $34.62K $30.00K $153.0K
YoY Change 15.4% 0.0% 11.46%
Operating Profit -$153.0K
YoY Change 11.45%
Interest Expense -$8.940K -$10.00K -$35.75K
YoY Change -10.6% 0.0% 0.0%
% of Operating Profit
Other Income/Expense, Net $0.00 $0.00 $23.65K
YoY Change -166.16%
Pretax Income -$43.55K -$40.00K -$165.1K
YoY Change 8.88% 0.0% -4.58%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$43.55K -$40.00K -$165.1K
YoY Change 8.88% 0.0% -4.58%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$17.79K -$16.33K -$67.44K
COMMON SHARES
Basic Shares Outstanding 36.72M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q4 2017 Q4 2017
SHORT-TERM ASSETS
Cash & Short-Term Investments $0.00 $0.00 $290.00
YoY Change -38.3%
Cash & Equivalents $0.00 $0.00 $290.00
Short-Term Investments
Other Short-Term Assets $0.00
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $0.00 $0.00 $290.00
YoY Change -38.3%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $0.00 $0.00 $0.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets $0.00 $0.00 $290.00
Total Long-Term Assets $0.00 $0.00 $0.00
Total Assets $0.00 $0.00 $290.00
YoY Change -38.3%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $509.2K $510.0K $510.7K
YoY Change -0.16% -3.77% -3.86%
Accrued Expenses $1.487M $1.330M $1.331M
YoY Change 11.78% 12.71% 13.25%
Deferred Revenue
YoY Change
Short-Term Debt $1.375M $1.350M $1.351M
YoY Change 1.86% 2.27% 2.25%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.371M $3.190M $3.193M
YoY Change 5.67% 5.28% 5.45%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $3.371M $3.190M $3.193M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $3.371M $3.190M $3.193M
YoY Change 5.67% 5.28% 5.45%
SHAREHOLDERS EQUITY
Retained Earnings -$5.792M -$5.614M
YoY Change 3.18% 3.03%
Common Stock $2.448K $36.72K
YoY Change -93.33% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$3.371M -$3.190M -$3.193M
YoY Change
Total Liabilities & Shareholders Equity $0.00 $0.00 $290.00
YoY Change -38.3%

Cashflow Statement

Concept 2018 Q4 2017 Q4 2017
OPERATING ACTIVITIES
Net Income -$43.55K -$40.00K -$165.1K
YoY Change 8.88% 0.0% -4.58%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$4.500K -$10.00K -$29.87K
YoY Change -55.0% 36.21%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change
Cash From Investing Activities $0.00 $0.00 $0.00
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 4.500K 10.00K 29.70K
YoY Change -55.0% 33.78%
NET CHANGE
Cash From Operating Activities -4.500K -10.00K -29.87K
Cash From Investing Activities 0.000 0.000 0.000
Cash From Financing Activities 4.500K 10.00K 29.70K
Net Change In Cash 0.000 0.000 -170.0
YoY Change -162.96%
FREE CASH FLOW
Cash From Operating Activities -$4.500K -$10.00K -$29.87K
Capital Expenditures
Free Cash Flow
YoY Change

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<p style="font:10pt Times New Roman;margin-top:0pt;margin-bottom:12pt"><b>NOTE 1 - ORGANIZATION AND PRINCIPAL ACTIVITIES</b></p> <p style="font:10pt Times New Roman;margin-top:0pt;margin-bottom:12pt;text-align:justify">HST Global, Inc. (“the Company”) was incorporated on April 11, 1984 under the laws of the State of Delaware under the name of NT Holding Corporation. The Company has made several acquisitions and disposals of various business entities and activities. On May 9, 2008, the Company entered into a Merger and share exchange agreement with Health Source Technologies, Inc. This business acquisition has been accounted for as a reverse merger or recapitalization of Health Source Technologies, Inc. At the time of the merger NT Holding Corporation had disposed of its assets and liabilities and had minimal operations. Immediately after the acquisition the Company changed its name to HST Global, Inc. Health Source Technologies, Inc. was incorporated under the laws of the State of Nevada on August 6, 2007. The Company is currently headquartered in Hampton, Virginia.</p> <p style="font:10pt Times New Roman;margin-top:0pt;margin-bottom:12pt;text-align:justify">HST Global, Inc. is an integrated Health and Wellness Biotechnology company that is developing and/or acquiring a network of Wellness Centers worldwide with the primary focus on homeopathic and alternative treatments of late stage cancer and other life threatening diseases.  In addition, the Company intends to acquire innovative products for the treatment of life threatening diseases. The Company primarily focuses on homeopathic and alternative product candidates that are undergoing or have already completed significant clinical testing for the treatment of late stage cancer and/or life threatening diseases.</p>
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<p style="font:10pt Times New Roman;margin-top:0pt;margin-bottom:12pt;color:#000000;text-align:justify"><span style="border-bottom:1px solid #000000">Basis of Presentation</span></p> <p style="font:10pt Times New Roman;margin-top:0pt;margin-bottom:12pt;color:#000000;text-align:justify">The accompanying consolidated financial statements and related notes include the activity of the Company and have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and with the rules and regulations of the United States Securities and Exchange Commission (“SEC”) to Form 10-K.  </p>
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