SPARE BACKUP, INC. Financial Statements (2025 and earlier)

Company Profile

Business Address 72757 FRED WARING DRIVE
PALM DESERT, CA 92260
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 7372 - Prepackaged Software (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2013
Q1
12/31/2012
Q4
9/30/2012
Q3
ASSETS
Current Assets
Receivables84113
Total current assets:84113
Noncurrent Assets
Property, plant and equipment3747
Prepaid expense and other noncurrent assets6158
Other undisclosed noncurrent assets 3
Total noncurrent assets:99109
TOTAL ASSETS:183222
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:3,6693,464
Accrued liabilities245245
Other undisclosed accounts payable and accrued liabilities3,4243,219
Debt3,056524
Derivative instruments and hedges, liabilities601516
Deferred revenue and credits  103
Other undisclosed current liabilities4,2907,200
Total current liabilities:11,61511,807
Noncurrent Liabilities
Long-term debt and lease obligation618 
Long-term debt, excluding current maturities618 
Other undisclosed noncurrent liabilities  
Total noncurrent liabilities:618 
Total liabilities:12,23411,807
Equity
Equity, attributable to parent, including:(12,051)(11,585)
Preferred stock00
Common stock407367
Additional paid in capital108,035107,734
Accumulated deficit  (119,685)
Other undisclosed equity, attributable to parent(120,493) 
Total equity:(12,051)(11,585)
Other undisclosed liabilities and equity  (0)
TOTAL LIABILITIES AND EQUITY:183222

Income Statement (P&L) ($ in thousands)

3/31/2013
Q1
12/31/2012
Q4
9/30/2012
Q3
Revenues10566
Gross profit:10566
Operating expenses(757)(971)
Operating loss:(652)(905)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(155)(115)
Interest and debt expense(251)(283)
Loss from continuing operations:(1,058)(1,304)
Loss before gain (loss) on sale of properties:(1,058)(1,304)
Net loss:(1,058)(1,304)
Other undisclosed net income attributable to parent251283
Net income (loss) attributable to parent:(808)(1,021)
Other undisclosed net income (loss) available to common stockholders, basic (156)169
Net income (loss) available to common stockholders, diluted:(964)(852)

Comprehensive Income ($ in thousands)

3/31/2013
Q1
12/31/2012
Q4
9/30/2012
Q3
Net loss:(1,058)(1,304)
Comprehensive loss, net of tax, attributable to parent:(1,058)(1,304)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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