Overview
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
- Research and development3¢$38.6K
- Interest32¢$472.8K
- Profit66¢$988.6K
Out of $1.3M in revenue.3
Financial statements
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Revenue | $1414 | $113.4K5 | $123.1K6 | $266.1K7 | $708.4K8 | $2.5M3 | $1.3M3 |
| Cost of revenue | $110.9K4 | ||||||
| Gross profit | $1414 | $2.5K4 | |||||
| Research and development | $29.9K4 | $147.9K5 | $315.4K6 | $14.0K7 | $6.1K8 | $40.4K3 | $38.6K3 |
| Operating expenses | $3.8M3 | ||||||
| Operating income | -$484.1K4 | -$945.7K5 | -$2.3M6 | -$2.7M7 | -$1.7M8 | -$1.4M3 | -$2.5M3 |
| Interest | $10.2K4 | $48.1K5 | $81.2K6 | $207.2K7 | $2.0M8 | $1.4M3 | $472.8K3 |
| Net income | -$494.3K4 | -$2.2M5 | -$2.7M6 | -$3.2M7 | -$16.6M8 | -$3.8M3 | $988.6K3 |
| Earnings per share | $0.0011 | -$0.013 | $0.003 | ||||
| Earnings per share (diluted) | -$0.013 | $0.003 | |||||
| Shares (weighted, basic) | 765.8M shares3 | ||||||
| Shares (weighted, diluted) | 821.5M shares3 |
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Cash | $25411 | $4.9K7 | $67.6K3 | $115.2K3 | $116.5K3 | ||
| Receivables | $96.0K3 | ||||||
| Inventory | $37.0K3 | ||||||
| Current assets | $121.2K4 | $152.5K5 | $40.3K6 | $281.7K7 | $224.7K8 | $747.8K3 | $310.8K3 |
| Property, plant and equipment | $762.1K3 | ||||||
| Intangible assets | $3.1M3 | ||||||
| Total assets | $239.9K4 | $278.9K5 | $4.8M6 | $4.8M7 | $4.4M8 | $4.6M3 | $4.3M3 |
| Current liabilities | $232.4K4 | $426.4K5 | $1.5M6 | $1.9M7 | $14.3M8 | $10.9M3 | $4.8M3 |
| Long-term debt | $129.5K5 | $126.7K7 | |||||
| Total liabilities | $232.4K4 | $555.8K5 | $1.5M6 | $3.1M7 | $14.3M8 | $11.0M3 | $6.3M3 |
| Retained earnings | -$29.6M3 | ||||||
| Shareholders’ equity | $7.5K5 | -$277.0K6 | $3.3M7 | $1.7M8 | -$10.1M3 | -$6.7M3 | -$4.5M3 |
| Shares outstanding | 15.6M shares4 | 37.1M shares5 | 41.2M shares6 | 44.6M shares7 | 498.9M shares8 | 722.5M shares3 | 790.9M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$444.4K4 | -$884.3K5 | -$1.4M6 | -$836.7K7 | -$799.4K8 | -$830.7K3 | -$1.5M3 |
| Depreciation and amortization | $367.5K3 | ||||||
| Stock-based compensation | $104.4K3 | ||||||
| Capital spending | $29.8K4 | $12.4K5 | $132.3K6 | $181.4K7 | $2.5K8 | $163.1K8 | |
| Free cash flow | -$474.3K | -$896.6K | -$1.6M | -$1.0M | -$801.9K | -$993.8K | |
| Cash from investing | -$468.9K3 | ||||||
| Cash from financing | $2.0M3 |
What it owns
What PCT LTD 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 | $365.5K3 Dec 31, 2021 | $365.5K3 Dec 31, 2020 | 0% |
| Furniture and fixtures | $57.9K3 Dec 31, 2021 | $39.4K3 Dec 31, 2020 | +47.1% |
| Leasehold improvements | $61.6K3 Dec 31, 2021 | $18.8K3 Dec 31, 2020 | +226.9% |
| Property and equipment, before depreciation | $927.9K3 Dec 31, 2021 | $459.0K3 Dec 31, 2020 | +102.1% |
| Property and equipment, net | $762.1K3 Dec 31, 2021 | $358.7K3 Dec 31, 2020 | +112.4% |
| Operating-lease assets (leased space) | $83.4K3 Dec 31, 2021 | $118.4K3 Dec 31, 2020 | −29.5% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $116.5K3 Dec 31, 2021 | $115.2K3 Dec 31, 2020 | +1.1% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | $3.1M3 Dec 31, 2021 | $3.4M3 Dec 31, 2020 | −8.9% |
| Accumulated amortization | $1.6M3 Dec 31, 2021 | $1.3M3 Dec 31, 2020 | +23.1% |
| Finite-lived intangibles, net | $3.1M3 Dec 31, 2021 | $3.4M8 Dec 31, 2020 | −8.9% |
| Patents, net | $4.5M3 Dec 31, 2021 | $4.5M3 Dec 31, 2020 | 0% |
Inventory
Leadership
Who has led PCT LTD, and when. Pick a name to see everywhere that person has worked.
- PresidentGary J. Grieco Sep 2, 2016 to May 31, 201712
- Chief operating officerJody Read Francis Sep 28, 2018 to Sep 28, 201813
Board members and other officers (8)
- Secretary/TreasurerGregory W. Albers Sep 2, 2016 to Sep 2, 201614
- Secretary/TreasurerJohn W. Peters Jan 28, 2011 to Jan 28, 201115
- Board memberPaul Branagan Sep 25, 2018 to Sep 25, 201816
- Board memberWilliam E. Prince Sep 25, 2018 to Sep 25, 201817
- Board memberJody Read Francis Sep 28, 2018 to Sep 28, 201813
- Board memberGary J. Grieco Sep 2, 2016 to May 31, 201712
- Board memberGregory W. Albers Sep 2, 2016 to Sep 2, 201614
- Board memberJohn W. Peters Jan 28, 2011 to Jan 28, 201115
Former names
- BINGHAM CANYON CORPSep 18, 2000 to Feb 27, 20182
Timeline
- Oct 29, 20248-K Executive or director change18
- Oct 5, 20238-K Regulation FD disclosure19
- May 12, 20238-K Entered a material agreement; Other events20
- Mar 31, 20238-K Other events21
- Jan 12, 20238-K Regulation FD disclosure22
- Jan 20, 20228-K Other events23
- Dec 29, 20218-K Unregistered sale of shares; Change to shareholders' rights; Bylaws or fiscal year changed24
Filings
15 filings to the SEC since October 2021: 1 annual reports, 5 quarterly reports, 7 major events, 2 other. The latest 15:
- Oct 29, 20248-K EDGAR
- Oct 5, 20238-K EDGAR
- Jul 18, 202315-12G/A FORM 15/A (AMENDMENT NO. 1) EDGAR
- Jul 13, 202315-12G FORM 15 EDGAR
- May 12, 20238-K EDGAR
- Mar 31, 20238-K EDGAR
- Jan 12, 20238-K EDGAR
- Nov 14, 202210-Q EDGAR
- Aug 15, 202210-Q EDGAR
- May 16, 202210-Q EDGAR
- Mar 31, 202210-K EDGAR
- Jan 20, 20228-K EDGAR
- Dec 29, 20218-K EDGAR
- Dec 23, 202110-Q/A FORM 10-Q/A (AMENDMENT NO. 1) EDGAR
- Nov 15, 202110-Q EDGAR
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
SEC filer profile
How PCT LTD is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARPCT LTD1
- CIK0001119897
- Employer ID (EIN)90-05785161
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Incorporated inNevada1
- Fiscal year endsDecember 311
- Industry code (SIC)3590 Misc Industrial & Commercial Machinery & Equipment1
- SEC reviewing officeOffice of Technology, Division of Corporation Finance1
- Business address2126 Highway 9 E, Suite 5-B, Longs, SC 295681
- Phone843-390-79001
- Shares outstanding805,596,961 as of Nov 14, 202210
- Public float$12.6M as of Jun 30, 20213
- On EDGAR sinceSep 18, 20001
- Filings180 in all: 10-Q (45), 8-K (34), 10QSB (21), 10-K (15), 4 (9), NT 10-Q (8), 10-Q/A (7), 10KSB (7)1
All 25 form types
UPLOAD (6), 3 (5), NT 10-K (5), 10-K/A (2), 8-K/A (2), CORRESP (2), PRE 14C (2), 10KSB/A (1), 10SB12G (1), 10SB12G/A (1), 15-12G (1), 15-12G/A (1), 5 (1), D (1), DEF 14C (1), SC 13D (1), SC 13G (1)
- Latest filingsAnnual report (10-K) Mar 31, 2022
Quarterly report (10-Q) Nov 14, 2022
Latest 8-K (8-K) Oct 29, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARPCT LTD filings on SEC EDGAR
- 2SEC EDGARPCT LTD filings on SEC EDGAR
- 3SEC EDGARPCT LTD 10-K for fiscal 2021
- 4SEC EDGARPCT LTD 10-K for fiscal 2015
- 5SEC EDGARPCT LTD 10-K for fiscal 2016
- 6SEC EDGARPCT LTD 10-K for fiscal 2017
- 7SEC EDGARPCT LTD 10-K for fiscal 2018
- 8SEC EDGARPCT LTD 10-K for fiscal 2019
- 9SEC EDGARPCT LTD 10-Q for fiscal 2022
- 10SEC EDGARPCT LTD 10-Q for fiscal 2022
- 11SEC EDGARPCT LTD 10-K for fiscal 2015
- 12SEC EDGARGary J. Grieco, President
- 13
- 14
- 15SEC EDGARJohn W. Peters, Secretary/Treasurer
- 16SEC EDGARPaul Branagan, Board member
- 17SEC EDGARWilliam E. Prince, Board member
- 18SEC EDGARExecutive or director change
- 19SEC EDGARRegulation FD disclosure
- 20
- 21SEC EDGAROther events
- 22SEC EDGARRegulation FD disclosure
- 23SEC EDGAROther events
- 24