Overview
Compare with Willamette Valley Vineyards, JONES SODA CO. or Crimson Wine Group, Ltd, or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2021
Where the money goes
Where each dollar of revenue went, fiscal 2021
- Cost of revenue28¢$10.4M
- Research and development0¢$44.4K
- Other costs6¢$2.1M
- Income tax17¢$6.2M
- Profit50¢$18.7M
Out of $37.4M in revenue.3
Where each dollar of operating cash went, fiscal 2021
- Capital spending9¢$117.8K
- Kept or used elsewhere91¢$1.2M
Out of $1.3M of cash from operations.3
Financial statements
| Fiscal year | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|
| Revenue | $2.1M4 | $1.2M3 | $37.4M3 | |
| Cost of revenue | $275.9K4 | $176.4K3 | $10.4M3 | |
| Gross profit | $1.8M4 | $1.0M3 | $27.0M3 | |
| Research and development | $99.7K4 | $98.9K3 | $44.4K3 | |
| Operating expenses | $2.1M3 | |||
| Operating income | -$332.2K4 | -$609.9K3 | $24.9M3 | |
| Income before tax | $24.9M3 | |||
| Income tax | $5.9K4 | $19.7K3 | $6.2M3 | |
| Net income | -$305.1K4 | -$627.9K3 | $18.7M3 | |
| Earnings per share | -$0.004 | -$0.003 | $0.033 | |
| Earnings per share (diluted) | -$0.004 | -$0.003 | $0.033 | |
| Shares (weighted, basic) | 603.5M shares3 | |||
| Shares (weighted, diluted) | 703.5M shares3 |
| Fiscal year | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|
| Cash | $2.4K4 | $23.0K4 | $61.5K3 | $1.2M3 |
| Receivables | $3.0M3 | |||
| Inventory | $14.2M3 | |||
| Current assets | $358.3K4 | $505.1K3 | $30.4M3 | |
| Property, plant and equipment | $429.5K3 | |||
| Intangible assets | $95.5K3 | |||
| Total assets | $1.2M4 | $975.6K3 | $31.0M3 | |
| Accounts payable | $29.0K3 | |||
| Current liabilities | $1.1M4 | $1.9M3 | $2.7M3 | |
| Long-term liabilities | $14.7K3 | |||
| Total liabilities | $1.5M4 | $2.0M3 | $2.7M3 | |
| Retained earnings | $14.8M3 | |||
| Shareholders’ equity | -$48.0K4 | -$349.1K3 | -$1.0M3 | $28.2M3 |
| Shares outstanding | 600.0M shares4 | 600.0M shares3 | 609.3M shares3 |
What it owns
What MICROALLIANCE 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 |
|---|---|---|---|
| Leasehold improvements | $429.5K3 Dec 31, 2021 | $87.3K3 Dec 31, 2020 | +391.8% |
| Property and equipment, before depreciation | $636.5K3 Dec 31, 2021 | $141.0K3 Dec 31, 2020 | +351.4% |
| Accumulated depreciation | $207.0K3 Dec 31, 2021 | $53.7K3 Dec 31, 2020 | +285.6% |
| Property and equipment, net | $429.5K3 Dec 31, 2021 | $87.3K3 Dec 31, 2020 | +391.8% |
| Operating-lease assets (leased space) | $84.0K3 Dec 31, 2021 | $383.2K3 Dec 31, 2020 | −78.1% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $1.2M3 Dec 31, 2021 | $61.5K3 Dec 31, 2020 | +1835.2% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | $95.5K3 Dec 31, 2021 | $76.5K4 Dec 31, 2019 | +24.7% |
| Finite-lived intangibles, gross | $110.1K3 Dec 31, 2021 | $79.9K4 Dec 31, 2019 | +37.9% |
| Accumulated amortization | $14.7K3 Dec 31, 2021 | $3.3K4 Dec 31, 2019 | +339.9% |
Inventory
Leadership
Named in SEC Form D filings
People the company listed in its private-offering notices.
- DirectorHong ZHU named Jul 24, 20258
Former names
Timeline
Filings
9 filings to the SEC since October 2021: 1 annual reports, 4 quarterly reports, 2 major events, 1 private raises, 1 other. The latest 9:
- Jul 24, 2025D EDGAR
- Nov 14, 202210-Q QUARTERLY REPORT EDGAR
- Aug 15, 202210-Q QUARTERLY REPORT EDGAR
- May 16, 202210-Q QUARTERLY REPORT EDGAR
- Apr 1, 2022NT 10-K NOTIFICATION OF LATE FILING EDGAR
- Mar 31, 202210-K ANNUAL REPORT EDGAR
- Dec 27, 20218-K CURRENT REPORT EDGAR
- Dec 22, 20218-K CURRENT REPORT EDGAR
- Nov 15, 202110-Q QUARTERLY REPORT EDGAR
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Funding
Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.
Private raises
Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.
SEC filer profile
How MICROALLIANCE 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 EDGARMICROALLIANCE GROUP INC.1
- CIK0001309251
- Employer ID (EIN)86-10986681
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Incorporated inNevada1
- Fiscal year endsDecember 311
- Industry code (SIC)2080 Beverages1
- SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
- Business address701 S. Carson Street, Suite 200, Carson City, NV 897011
- Phone604-331-14591
- Shares outstanding609,316,077 as of Nov 14, 20227
- Public float$6.0M as of Jun 30, 20213
- On EDGAR sinceApr 1, 20051
- Filings80 in all: 8-K (14), NT 10-Q (13), 10-Q (12), 10QSB (6), UPLOAD (6), NT 10-K (5), 10-K (3), 10KSB (3)1
All 18 form types
8-K/A (3), CORRESP (3), SB-2/A (3), SC 13G (3), 10-Q/A (1), 10QSB/A (1), 15-15D (1), 424B4 (1), D (1), SB-2 (1)
- Latest filingsAnnual report (10-K) Mar 31, 2022
Quarterly report (10-Q) Nov 14, 2022
Latest 8-K (8-K) Dec 27, 2021
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 9SEC EDGARShareholder vote
- 10SEC EDGARChange of auditor