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GLOBAL FOOD TECHNOLOGIES, INC.

CIK: 1122108 SIC: 3550
$785.29K
Revenue
$-3.10M
Net Income
7.89%
Gross Margin
-
Op. Margin
-
Free Cash Flow
Financial Statements Annual (10-K)
Showing 3 of 3 annual reports available (2011 - 2013)
Breakdown TTM
(Dec 31, 2013)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
+ Total Revenue $785.29K $830.03K $377.04K $133.08K
Revenue Growth % -5.4% 120.1% 183.3% nan%
Cost of Revenue $723.33K $770.30K $343.58K $110.68K
+ Gross Profit $61.96K $59.73K $33.46K $22.39K
Gross Margin % 7.9% 7.2% 8.9% 16.8%
Operating Expenses $3.16M $2.87M $3.11M $3.71M
Research & Development $419.26K $400.84K $673.44K $897.75K
Interest Expense $468.88K $409.68K $413.59K $460.98K
+ Net Income $-3.10M $-2.81M $-3.08M $-3.69M
Net Margin % -395.1% -338.4% -816.2% -2772.1%
Breakdown FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
Cash & Cash Equivalents $78.47K $411.26K $194.66K
Accounts Receivable - $38.96K $11.59K
Inventory - $364.32K $67.94K
Total Current Assets $88.71K $845.19K $316.37K
Property Plant & Equipment $258.21K $629.20K $947.32K
Other Non-current Assets $8.78K $26.10K $23.19K
Total Assets $355.71K $1.50M $1.29M
Accounts Payable $142.08K $164.96K $168.38K
Accrued Liabilities $896.35K $764.02K $838.62K
Total Current Liabilities $5.21M $4.30M $4.18M
Common Stock $3.31K $3.28K $3.15K
Retained Earnings $-73.94M $-71.13M $-68.05M
Total Stockholders Equity $-4.86M $-2.80M $-2.89M
Total Liabilities & Equity $355.71K $1.50M $1.29M
Breakdown TTM
(Dec 31, 2013)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
Net Income $-4.50M $-2.81M $-3.08M $-3.69M
Depreciation & Amortization - - $86.46K $73.65K
Change in Receivables $92.60K $-38.96K $27.37K $-19.35K
Change in Inventory $-577.47K $-364.32K $296.38K $-56.20K
Change in Payables $213.40K $-22.88K $-3.42K $64.33K
Operating Cash Flow - - $-2.77M $-2.80M
Stock Issued $1.76M $442.70K $2.79M $2.14M
Financing Cash Flow - - $2.99M $1.99M
SEC Filing Format - Data shown as it appears in the Q3 2013 (10-Q) filing Period ended: Sep 30, 2013
Condensed Consolidated Statements of Operations
Description Sep 30, 2013 Sep 30, 2013
Current Prior Year Current YTD Prior Year YTD
Total Revenue - $106.26K $830.03K $172.54K
Cost of Revenue - $94.12K $770.30K $153.32K
Gross Profit - $12.14K $59.73K $19.22K
Operating Expenses $697.72K $701.05K $2.15M $2.16M
Research & Development $71.16K $159.43K $319.40K $509.60K
Interest Expense $71.27K $74.88K $279.02K $280.12K
Net Income $-697.72K $-688.91K $-2.09M $-2.14M
Condensed Consolidated Balance Sheets
Description Sep 30, 2013 Dec 31, 2012
Cash & Cash Equivalents $108.77K $411.26K
Accounts Receivable $9.18K $38.96K
Inventory - $364.32K
Total Current Assets $161.42K $845.19K
Property Plant & Equipment $292.80K $629.20K
Other Non-current Assets $29.18K $26.10K
Total Assets $483.40K $1.50M
Accounts Payable $219.65K $164.96K
Accrued Liabilities $877.36K $764.02K
Total Current Liabilities $4.82M $4.30M
Common Stock $3.30K $3.28K
Retained Earnings $-73.22M $-71.13M
Total Stockholders Equity $-4.33M $-2.80M
Total Liabilities & Equity $483.40K $1.50M
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2013 Sep 30, 2013
Current Prior Year Current YTD Prior Year YTD
Net Income $-697.72K $-688.91K $-2.09M $-2.14M
Change in Receivables - - $-29.78K $-6.55K
Change in Inventory - - $-364.32K $145.21K
Change in Payables - - $54.96K $-80.02K
Operating Cash Flow - - $-1.09M $-2.02M
Stock Issued - - $442.70K $1.86M
Financing Cash Flow - - $789.70K $2.06M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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