World Surveillance Group Inc. company info

CIK 919742
IRS Number 880292161
State of incorporation DE
Business address 1400 STATE ROAD 405
BLDG M6-306A
KENNEDY SPACE CENTER
FL
32815
Mail address 1400 STATE ROAD 405
BLDG M6-306A
KENNEDY SPACE CENTER
FL
32815

Short summary

World Surveillance Group Inc. is a Florida company, with head office located at 1400 State Road 405 Kennedy Space Center, Florida 32815. In 2014 the company owned a total of 6.14 million USD worth of assets, including 284.18 thousand USD worth of current assets and 3.73 million USD worth of non-current assets. 2013 was the year when the company amassed the most assets.

World Surveillance Group Inc. Income Statement

Name [in Millions USD]2008200920102011201220132014Trends
Revenue, Net 0.250.200.891.86
Gross Profit 0.250.020.070.56
Research and development 2.160.430.210
Operating Expenses 7.578.664.364.813.29
Operating Income (Loss) -7.57-8.41-4.34-4.54-2.73
Income Tax Expense (Benefit) 00
Net income -9.41-9.80-1.12-3.36-3.42

World Surveillance Group Inc. Balance Sheet

Name [in Millions USD]2008200920102011201220132014Trends
Cash and cash equivalents 0.000.240.710.110.540.35
Accounts Receivable, Net, Current 0.010.04
Inventories 1.550.0400.020.08
Property, Plant and Equipment, Gross 2.762.77-2.762.76
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 0.020.220.400.580.63
Goodwill 0.460.81
Available-for-sale Securities, Noncurrent 93.72
Intangible Assets, Net (Excluding Goodwill) 2.18
Other Assets, Noncurrent 2.190.08
Total assets 3.743.662.953.6111.566.14
Current assets 1.550.860.350.750.370.28
Non-current assets 0.499.013.73
Accounts payable 4.225.074.934.364.414.53
Total current liabilities 17.7217.8815.2816.9417.0317.29
Total liabilities 17.7217.8815.7416.59
Common Stock, Value, Issued 0.000.000.000.010.010.01
Retained Earnings (Accumulated Deficit) -134.72-144.62-146.15-150.35-154.42-154.82
Accumulated Other Comprehensive Income (Loss), Net of Tax 8.923.64

World Surveillance Group Inc. Cash Flow

Name [in Millions USD]2008200920102011201220132014Trends
Net income -9.41-9.80-1.12-3.36-3.42
Depreciation and amortization 0.970.120.180.18
Depreciation 0.120.18
Amortization of Intangible Assets 1.050.97
Accounts receivable 0.010.01-0.12
Inventories 1.55-1.55-0.02-0.00-0.15
Accounts payable 0.621.440.520.540.19
Deferred revenue 0.20-0.20-0.01
Net Cash Provided by (Used in) Operating Activities -1.99-1.68-1.74-0.90-0.36
Payments to Acquire Property, Plant, and Equipment 0.000
Payments to Acquire Businesses, Net of Cash Acquired 0.340-0.16
Net Cash Provided by (Used in) Investing Activities -0.010.01-0.3400.16
Proceeds from Issuance of Long-term Debt 00.35
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.270.40
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.270.40
Proceeds from Issuance of Common Stock 1.881.702.0500.12
Net Cash Provided by (Used in) Financing Activities 2.001.702.050.940.27
Cash and Cash Equivalents, Period Increase (Decrease) -0.000.03-0.020.040.07