Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022
Where the money goes
Where each dollar of revenue went, fiscal 2022
- Research and development18¢$66.0K
- Interest82¢$300.7K
Out of $84.8K in revenue.3 The company lost money this year.
Where each dollar of operating cash went, fiscal 2022
- Kept or used elsewhere100¢$421.1K
Out of $421.1K of cash from operations.3
Financial statements
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenue | $40.0K4 | $15.7K5 | $251.1K6 | $326.3K7 | $208.2K8 | $362.8K3 | $84.8K3 |
| Cost of revenue | $21.0K7 | $35.1K8 | $233.2K8 | ||||
| Research and development | $04 | $87.5K5 | $117.0K6 | $85.0K7 | $87.0K8 | $89.0K3 | $66.0K3 |
| Operating expenses | $1.9M3 | $1.3M3 | |||||
| Operating income | -$60.9K4 | -$5.8M5 | -$1.9M6 | -$2.5M7 | -$2.0M8 | -$1.5M3 | -$1.3M3 |
| Interest | $8.1K5 | -$55.8K6 | $230.8K7 | $720.4K8 | $671.1K3 | $300.7K3 | |
| Income before tax | -$2.5M3 | -$1.5M3 | |||||
| Income tax | $07 | $08 | $03 | $03 | |||
| Net income | -$60.9K4 | -$5.6M5 | -$2.0M6 | -$2.7M7 | -$2.7M8 | -$2.5M3 | -$1.5M3 |
| Earnings per share | -$0.128 | -$0.118 | |||||
| Shares (weighted, basic) | 24.7M shares8 |
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash | $30.4K7 | $24.4K7 | $50.4K7 | $11.5K3 | $6.4K3 | ||
| Inventory | $56.9K3 | $1063 | |||||
| Current assets | $17.4K11 | $998.1K7 | $366.5K8 | $195.9K3 | $29.9K3 | ||
| Property, plant and equipment | $139.1K3 | $03 | |||||
| Total assets | $17.4K4 | $329.8K5 | $680.2K6 | $998.1K7 | $848.2K8 | $512.1K3 | $54.0K3 |
| Short-term debt | $1.3M8 | $1.4M3 | |||||
| Current liabilities | $17.4K11 | $712.6K5 | $866.3K6 | $1.7M7 | $2.9M8 | $3.7M3 | $5.0M3 |
| Long-term debt | $342.1K6 | $483.2K6 | $1.3M8 | $1.4M3 | $1.5M3 | ||
| Total liabilities | $17.4K4 | $712.6K5 | $1.2M6 | $2.2M7 | $3.4M8 | $4.0M3 | $5.2M3 |
| Retained earnings | -$15.3M3 | -$16.8M3 | |||||
| Shareholders’ equity | -$382.8K6 | -$528.2K7 | -$1.2M8 | -$2.6M3 | -$3.2M3 | -$4.8M3 | |
| Shares outstanding | 14.2M shares4 | 16.9M shares5 | 17.7M shares6 | 20.3M shares7 | 22.4M shares8 | 27.0M shares3 | 27.0M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$44.2K4 | -$434.6K5 | -$650.2K6 | -$1.0M7 | -$163.5K8 | -$333.7K3 | $421.1K3 |
| Depreciation and amortization | $57.8K3 | $57.7K3 | |||||
| Stock-based compensation | $236.8K3 | $55.3K3 | |||||
| Capital spending | $8773 | $03 | |||||
| Free cash flow | -$334.6K | $421.1K | |||||
| Cash from investing | -$8773 | $03 | |||||
| Dividends paid | $29.7K7 | $07 | |||||
| Cash from financing | $295.7K3 | $415.6K3 |
What it owns
What First Foods Group, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Machinery and equipment | $240.4K3 Dec 31, 2022 | $240.4K3 Dec 31, 2021 | 0% |
| Leasehold improvements | $40.0K3 Dec 31, 2022 | $40.0K3 Dec 31, 2021 | 0% |
| Property and equipment, before depreciation | $201.0K8 Dec 31, 2021 | $239.5K8 Dec 31, 2020 | −16.1% |
| Accumulated depreciation | $141.3K3 Dec 31, 2022 | $94.9K3 Dec 31, 2021 | +48.8% |
| Property and equipment, net | $03 Dec 31, 2022 | $139.1K3 Dec 31, 2021 | −100.0% |
| Operating-lease assets (leased space) | $03 Dec 31, 2022 | $177.1K3 Dec 31, 2021 | −100.0% |
Inventory
Former names
- Litera Group IncAug 10, 2015 to Jan 6, 20172
Timeline
Filings
19 filings to the SEC since October 2021: 2 annual reports, 7 quarterly reports, 3 major events, 7 other. The latest 19:
- Feb 9, 20248-K CURRENT REPORT EDGAR
- Nov 20, 202310-Q EDGAR
- Nov 15, 2023NT 10-Q EDGAR
- Aug 18, 202310-Q EDGAR
- Aug 14, 2023NT 10-Q EDGAR
- May 12, 202310-Q EDGAR
- Apr 17, 202310-K EDGAR
- Mar 20, 2023NT 10-K EDGAR
- Feb 7, 20238-K EDGAR
- Nov 21, 202210-Q EDGAR
- Nov 4, 2022NT 10-Q EDGAR
- Sep 29, 20228-K EDGAR
- Aug 22, 202210-Q EDGAR
- Aug 10, 2022NT 10-Q EDGAR
- May 23, 202210-Q EDGAR
- May 12, 2022NT 10-Q EDGAR
- Apr 14, 202210-K EDGAR
- Apr 1, 2022NT 10-K EDGAR
- Nov 12, 202110-Q EDGAR
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
SEC filer profile
How First Foods Group, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARFirst Foods Group, Inc.1
- CIK0001648903
- Employer ID (EIN)47-41455141
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Incorporated inNevada1
- Fiscal year endsDecember 311
- Industry code (SIC)7812 Services-Motion Picture & Video Tape Production1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business addressC/O Incorp Services, Inc., 3773 Howard Hughes Parkway, Suite 500S, Las Vegas, NV 89169-60141
- Phone201-471-09881
- Shares outstanding27,058,338 as of Nov 20, 202310
- Public float$3.1M as of Jun 30, 20223
- On EDGAR sinceAug 10, 20151
- Filings78 in all: 8-K (27), 10-Q (25), 10-K (8), NT 10-Q (6), 8-K/A (2), NT 10-K (2), S-1/A (2), UPLOAD (2)1
All 12 form types
424B3 (1), CORRESP (1), EFFECT (1), S-1 (1)
- Latest filingsAnnual report (10-K) Apr 17, 2023
Quarterly report (10-Q) Nov 20, 2023
Latest 8-K (8-K) Feb 9, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13SEC EDGARChange of auditor
- 14SEC EDGARChange of auditor