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SHOREPOWER TECHNOLOGIES INC.

2018 Form 10-K Financial Statement

#000114420418041838 Filed on August 03, 2018

View on sec.gov

Income Statement

Concept 2018 2017 Q1 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 $47.44K $10.00K $57.38K
YoY Change -17.32% 0.0% -15.78%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $48.97K $10.00K $59.87K
YoY Change -18.21% -50.0% -26.48%
Operating Profit -$48.97K -$59.87K
YoY Change -18.22% -26.48%
Interest Expense $3.530K $0.00 $1.246K
YoY Change 183.31% -30.58%
% of Operating Profit
Other Income/Expense, Net -$3.530K $0.00 -$1.246K
YoY Change 183.31% -100.0% -30.58%
Pretax Income -$52.50K -$10.00K -$61.12K
YoY Change -14.1% -50.0% -26.56%
Income Tax
% Of Pretax Income
Net Earnings -$52.50K -$10.00K -$61.12K
YoY Change -14.11% 0.0% -26.57%
Net Earnings / Revenue
Basic Earnings Per Share -$0.01 -$0.02
Diluted Earnings Per Share -$0.01 -$2.849K -$0.02
COMMON SHARES
Basic Shares Outstanding 3.513M shares 3.513M shares
Diluted Shares Outstanding 3.513M shares 3.513M shares

Balance Sheet

Concept 2018 2017 Q1 2017
SHORT-TERM ASSETS
Cash & Short-Term Investments $330.00 $0.00 $280.00
YoY Change 17.86% -33.33%
Cash & Equivalents $280.00
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $330.00 $280.00 $280.00
YoY Change 17.86% -32.69% -33.33%
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 $330.00 $280.00 $280.00
Total Long-Term Assets $0.00 $0.00 $0.00
Total Assets $330.00 $280.00 $280.00
YoY Change 17.86% -32.69% -33.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $207.7K $190.0K $191.8K
YoY Change 8.27% 11.76% 12.82%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $2.094M $2.060M $2.056M
YoY Change 1.85% 1.98% 2.03%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.307M $2.255M $2.255M
YoY Change 2.33% 2.78% 2.78%
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 $2.307M $2.255M $2.255M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $2.307M $2.255M $2.255M
YoY Change 2.33% 2.78% 2.78%
SHAREHOLDERS EQUITY
Retained Earnings -$4.938M
YoY Change 1.25%
Common Stock $35.53K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $42.45K
YoY Change 0.0%
Treasury Stock Shares 39.98K shares
Shareholders Equity -$2.307M -$2.254M -$2.254M
YoY Change
Total Liabilities & Shareholders Equity $330.00 $280.00 $280.00
YoY Change 17.86% -32.69% -33.33%

Cashflow Statement

Concept 2018 2017 Q1 2017
OPERATING ACTIVITIES
Net Income -$52.50K -$10.00K -$61.12K
YoY Change -14.11% 0.0% -26.57%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$38.04K $0.00 -$41.05K
YoY Change -7.35% -100.0% -10.71%
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 $38.09K 0.000 $40.92K
YoY Change -6.92% -100.0% -10.62%
NET CHANGE
Cash From Operating Activities -$38.04K 0.000 -$41.05K
Cash From Investing Activities $0.00 0.000 $0.00
Cash From Financing Activities $38.09K 0.000 $40.92K
Net Change In Cash $50.00 0.000 -$136.00
YoY Change -136.76% -31.31%
FREE CASH FLOW
Cash From Operating Activities -$38.04K $0.00 -$41.05K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2018 us-gaap Use Of Estimates
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CY2018 dei Entity Incorporation Date Of Incorporation
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1984-05-29
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CY2018 dei Entity Registrant Name
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CY2018 dei Entity Current Reporting Status
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Files In Submission

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0001144204-18-041838-index-headers.html Edgar Link pending
0001144204-18-041838-index.html Edgar Link pending
0001144204-18-041838.txt Edgar Link pending
0001144204-18-041838-xbrl.zip Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
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report.css Edgar Link pending
Show.js Edgar Link pending
tv499984_10k.htm Edgar Link pending
tv499984_ex31-1.htm Edgar Link pending
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tv499984_ex32.htm Edgar Link pending
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usbl-20180228_def.xml Edgar Link unprocessable
usbl-20180228_lab.xml Edgar Link unprocessable
usbl-20180228_pre.xml Edgar Link unprocessable