Shorepower Technologies Inc. financial data

Symbol
SPEV on OTC
Industry
Miscellaneous Transportation Equipment
Location
5291 Ne Elam Young Pkwy, Suite 160, Hillsboro, OR
State of incorporation
DE
Fiscal year end
December 31
Former names
UNITED STATES BASKETBALL LEAGUE INC (to 6/22/2023)
Latest financial report
10-QT/A - Q2 2024 - Jul 25, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 52.6 %
Quick Ratio 2.33 %
Debt-to-equity -121 % -84.1%
Return On Equity 53.1 % +71.9%
Return On Assets -253 % -191%
Operating Margin -1.41K % -37.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 48.5M shares +2.2%
Common Stock, Shares, Outstanding 48.5M shares +2.2%
Entity Public Float 4.25M USD +105%
Common Stock, Value, Issued 485K USD +2.2%
Weighted Average Number of Shares Outstanding, Basic 48.5M shares +2.2%
Weighted Average Number of Shares Outstanding, Diluted 48.5M shares +2.2%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 41.3K USD +28.5%
Cost of Revenue 57.3K USD +21.5%
General and Administrative Expense 84.9K USD -0.69%
Operating Income (Loss) -583K USD -76.7%
Nonoperating Income (Expense) -85.4K USD -47.6%
Net Income (Loss) Attributable to Parent -668K USD -87.2%
Earnings Per Share, Basic 0.03 USD/shares
Earnings Per Share, Diluted 0.03 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 0 USD
Accounts Receivable, after Allowance for Credit Loss, Current 14.4K USD +475%
Inventory, Net 18.2K USD +27.7%
Assets, Current 89.8K USD -83.4%
Other Assets, Noncurrent 1K USD 0%
Assets 90.8K USD -83.3%
Accounts Payable, Current 13.5K USD
Liabilities, Current 607K USD +66.8%
Liabilities 1.55M USD +2.74%
Retained Earnings (Accumulated Deficit) -2.72M USD -34%
Stockholders' Equity Attributable to Parent -1.46M USD -46.8%
Liabilities and Equity 90.8K USD -83.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -74K USD +50.4%
Net Cash Provided by (Used in) Financing Activities -51.6K USD -6.61%
Net Cash Provided by (Used in) Investing Activities 0 USD
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 48.5M shares +2.2%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -126K USD +36.4%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 134K USD
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD
Deferred Tax Assets, Valuation Allowance 409K USD +18.6%
Deferred Tax Assets, Operating Loss Carryforwards 409K USD +18.6%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 6.89M shares 0%
Additional Paid in Capital 803K USD +30.5%
Preferred Stock, Shares Outstanding 0 shares
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%