Sacks Parente Golf, Inc. financial data

Symbol
SPGC on Nasdaq
Industry
Sporting & Athletic Goods, NEC
Location
551 Calle San Pablo, Camarillo, CA
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 5, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.15K %
Quick Ratio 64.6 %
Debt-to-equity 10.2 %
Return On Equity -99.4 %
Return On Assets -90.2 %
Operating Margin -403 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 1.46M shares
Common Stock, Shares, Outstanding 1.46M shares -86.5%
Common Stock, Value, Issued 15K USD -86.1%
Weighted Average Number of Shares Outstanding, Basic 1.46M shares +34.7%
Weighted Average Number of Shares Outstanding, Diluted 1.46M shares +34.7%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.38M USD +1630%
Research and Development Expense 612K USD +1050%
Selling and Marketing Expense 500K USD
Operating Income (Loss) -5.54M USD -84.9%
Nonoperating Income (Expense) -26K USD -62.5%
Net Income (Loss) Attributable to Parent -5.38M USD -71.9%
Earnings Per Share, Basic -0.55 USD/shares -27.4%
Earnings Per Share, Diluted -0.55 USD/shares -27.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.79M USD +30856%
Accounts Receivable, after Allowance for Credit Loss, Current 157K USD +1863%
Inventory, Net 477K USD +402%
Assets, Current 3.59M USD +3023%
Property, Plant and Equipment, Net 504K USD +338%
Operating Lease, Right-of-Use Asset 50K USD 0%
Assets 4.23M USD +501%
Employee-related Liabilities, Current 1.1M USD 0%
Liabilities, Current 523K USD -83.2%
Operating Lease, Liability, Noncurrent 17K USD 0%
Liabilities 599K USD -80.8%
Retained Earnings (Accumulated Deficit) -12.7M USD -73.9%
Stockholders' Equity Attributable to Parent 3.63M USD
Liabilities and Equity 4.23M USD +501%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.15M USD -519%
Net Cash Provided by (Used in) Investing Activities -104K USD
Common Stock, Shares Authorized 45M shares 0%
Common Stock, Shares, Issued 1.46M shares -86.5%
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 -1.26M USD -790%
Deferred Tax Assets, Valuation Allowance 1.47M USD +267%
Operating Lease, Liability 49K USD +188%
Depreciation 21K USD +320%
Payments to Acquire Property, Plant, and Equipment 83K USD
Lessee, Operating Lease, Liability, to be Paid 53K USD
Property, Plant and Equipment, Gross 234K USD
Operating Lease, Liability, Current 32K USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Two 36K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 36K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 4K USD
Deferred Tax Assets, Operating Loss Carryforwards 1.47M USD +267%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5M shares 0%
Additional Paid in Capital 16.3M USD +292%
Preferred Stock, Shares Outstanding 0 shares
Interest Expense 26K USD +62.5%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%