Rule 829(g) SBSEF-FIN-QTR Financial Report Mockup
THIS DOCUMENT IS A TECHNICAL ILLUSTRATION OF HOW CERTAIN DISCLOSURES IN SEC FILINGS ARE TO BE TAGGED. IT DOES NOT INDICATE WHICH PARTICULAR DISCLOSURES MUST BE INCLUDED AND/OR TAGGED IN COMMISSION FILINGS, AND IT DOES NOT CONSTITUTE LEGAL GUIDANCE OF ANY SORT.
Financial Resources (Required and Available)
Based on the
computation instructions set forth in Rule 829(e) of Regulation SE, we need $
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Expenses
The following is a total list of all of our expenses, without any exclusion:
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Wind-Down Costs
The following is a list of costs we would incur if were to wind down our operations:
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We project that
winding down our operations would take
Balance Sheet
Dec. 31, 20x3 | Sep. 30, 20x3 | |||||||
Assets | ||||||||
Cash and cash equivalents | $ | |||||||
Restricted cash | ||||||||
Prepaid expenses | 500,000 | 500,000 | ||||||
Due from subsidiaries | 200,000 | 200,000 | ||||||
Right of use assets, operating | 4,000,000 | 4,000,000 | ||||||
Other assets | 6,000 | 6,000 | ||||||
Total Assets | 7,206,000 | 7,206,000 | ||||||
Liabilities and Members' Equity | ||||||||
Liabilities: | ||||||||
Accounts payable | 400,000 | 400,000 | ||||||
Accrued expenses | 8,000 | 8,000 | ||||||
Lease obligations, operating | 4,500,000 | 4,500,000 | ||||||
Other liabilities | 52,000 | 52,000 | ||||||
Total Liabilities | 4,900,000 | 4,900,000 | ||||||
Total Members' Equity | 2,306,000 | 2,306,000 | ||||||
Total Liabilities and Members' Equity | $ | 7,206,000 | 7,206,000 |
Income and Expense Statement
12 Months ended Dec. 31, 20x3 | 3 Months ended Dec 31, 20x3 | |||||||
Operating Expenses | ||||||||
Compensation & benefits | $ | 1,000,000 | 1,000,000 | |||||
Professional fees and outside services | $ | 100,000 | 100,000 | |||||
Other expenses | $ | 500,000 | 500,000 | |||||
Total Operating Expenses | $ | 1,600,000 | 1,600,000 | |||||
Non-Operating | ||||||||
Interest income | $ | 60,000 | 60,000 | |||||
Total Non-Operating | $ | 60,000 | 60,000 | |||||
Net Income (Loss) | $ | ( | ) | ( | ) |
Statement of Cash Flows
3 Months ended Dec. 31, 20x3 | ||||||||
Cash and cash equivalents | $ | |||||||
Net Income (Loss) | $ | ( | ) | ( | ) | |||
Increase (Decrease) in Cash and Cash Equivalents | $ |