Company profile

Ticker
PGAI
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
IRS number
590867335

Calendar

29 Jun 20
6 Aug 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 0 0 0 3K
Net income -399K -381K -392K -392K
Diluted EPS -0.11 -0.1 -0.1
Net profit margin -13067%
Net change in cash -21K -27K -45K -38K
Cash on hand 288K 309K 336K 381K
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 4K 7K 15K 9.01M
Net income -1.57M -736K -1.57M 2.89M
Diluted EPS -0.42 -0.26 -0.41 0.35
Net profit margin -39200% -10514% -10440% 32.10%
Net change in cash -217K 367K -799K 957K
Cash on hand 309K 526K 159K 958K

Financial data from Pgi earnings reports

Financial report summary

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Competition
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Management Discussion
  • There was no revenue for the three month period ended March 31, 2020 compared to $1,000 in interest income for the three month period ended March 31, 2019 as interest earned on the Company’s money market account is minimal due to the declining account balance.
  • Expenses for the three month period ended March 31, 2020 decreased by $5,000 when compared to the same period in 2019. This change reflects an$11,000 decrease in general and administrative expenses which is offset by an increase of $5,000 in interest expense and an increase of $1,000 in legal and professional expenses.
  • Interest expense relating to the Company’s current outstanding debt, held by non-related parties, increased by $5,000 during the three month period ended March 31, 2020 compared to the same period in 2019, primarily as a result of interest compounding on past due balances. This increase was offset by a decrease in the prime interest rate to 3.25% as of March 31, 2020 compared to 4.75% as of December 31, 2019.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Bad
New words: deadline, delay, diminishing, disrupted, experienced, ii, implemented, initial, involved, modified, offset, Order, President, reduction, Release, relied, spread, United, unprecedented, world
Removed: administration, attributed, comprehensive, derived, effectively, escheatment, Investment, LIC, Love, periodic, present, primary, realized, receivable, received, recognized, related, shareholder, variance

Other

No filings