Usellcom Inc Financial Statements (2025 and earlier)
Company Profile
| Business Address |
171 MADISON AVE. NEW YORK, NY 10016 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 72 - Personal Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 276 | 495 | 391 | 478 | 613 | 845 | |||
| Cash and cash equivalent | 276 | 495 | 391 | 478 | 613 | 845 | |||
| Restricted cash and investments | 3,441 | 1,183 | 763 | ||||||
| Receivables | 121 | 255 | 376 | 396 | 642 | 791 | |||
| Inventory, net of allowances, customer advances and progress billings | 4,720 | 7,716 | 10,643 | 7,658 | 9,653 | 11,039 | |||
| Inventory | 4,720 | 7,716 | 10,643 | 7,658 | 9,653 | 11,039 | |||
| Prepaid expense | 95 | 146 | 153 | ||||||
| Other undisclosed current assets | 2,305 | 3,148 | 1,042 | ||||||
| Total current assets: | 7,422 | 11,613 | 12,451 | 12,068 | 12,238 | 13,592 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 162 | 178 | 188 | 182 | 187 | 196 | |||
| Intangible assets, net (including goodwill) | 2,560 | 2,754 | (5,501) | 11,591 | 11,785 | 11,979 | |||
| Goodwill | (8,449) | 8,449 | 8,449 | 8,449 | |||||
| Intangible assets, net (excluding goodwill) | 2,560 | 2,754 | 2,948 | 3,142 | 3,336 | 3,530 | |||
| Other noncurrent assets | 62 | 62 | 62 | ||||||
| Deferred tax assets, net | 7,035 | ||||||||
| Other undisclosed noncurrent assets | 908 | 916 | 2,344 | 884 | 898 | 922 | |||
| Total noncurrent assets: | 3,630 | 3,847 | 4,067 | 12,719 | 12,932 | 13,159 | |||
| TOTAL ASSETS: | 11,052 | 15,461 | 16,518 | 24,787 | 25,170 | 26,751 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 3,812 | 4,209 | 2,953 | 5,575 | 5,518 | 6,108 | |||
| Accounts payable | 2,683 | 3,301 | 1,788 | 4,208 | 4,098 | 4,564 | |||
| Accrued liabilities | 1,129 | 908 | 1,165 | 1,367 | 1,420 | 1,544 | |||
| Debt | 5,121 | 8,380 | 8,340 | 14 | 14 | 14 | |||
| Deferred revenue and credits | ✕ | ✕ | 351 | 395 | 229 | 249 | 250 | ||
| Due to related parties | 49 | ||||||||
| Other undisclosed current liabilities | 472 | ||||||||
| Total current liabilities: | 9,405 | 12,941 | 11,687 | 5,867 | 5,782 | 6,372 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 38 | 42 | 46 | 8,360 | 8,335 | 8,302 | |||
| Long-term debt, excluding current maturities | 8,310 | 8,282 | 8,245 | ||||||
| Capital lease obligations | 38 | 42 | 46 | 50 | 53 | 57 | |||
| Total noncurrent liabilities: | 38 | 42 | 46 | 8,360 | 8,335 | 8,302 | |||
| Total liabilities: | 9,443 | 12,983 | 11,734 | 14,227 | 14,117 | 14,674 | |||
| Equity | |||||||||
| Equity, attributable to parent | 1,609 | 2,478 | 4,784 | 10,560 | 11,053 | 12,077 | |||
| Common stock | 3 | 3 | 3 | 2 | 2 | 2 | |||
| Additional paid in capital | 75,652 | 75,537 | 75,469 | 71,464 | 71,332 | 71,208 | |||
| Accumulated deficit | (74,046) | (73,062) | (70,688) | (60,907) | (60,281) | (59,133) | |||
| Total equity: | 1,609 | 2,478 | 4,784 | 10,560 | 11,053 | 12,077 | |||
| TOTAL LIABILITIES AND EQUITY: | 11,052 | 15,461 | 16,518 | 24,787 | 25,170 | 26,751 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 19,258 | 14,174 | 23,561 | 28,873 | 24,637 | 27,631 | ||
| Revenue, net | ✕ | ✕ | 14,174 | 23,561 | 28,873 | 24,637 | 27,631 | |
| Cost of revenue (Cost of Product and Service Sold) | (18,655) | (14,792) | (23,015) | (27,315) | (23,645) | (24,903) | ||
| Gross profit: | 603 | (619) | 546 | 1,558 | 992 | 2,728 | ||
| Operating expenses | (1,279) | (1,381) | (9,954) | (1,845) | (1,794) | (2,185) | ||
| Operating income (loss): | (676) | (2,000) | (9,408) | (288) | (802) | 543 | ||
| Nonoperating expense | (307) | (374) | ||||||
| Interest and debt expense | (307) | (374) | (374) | (337) | (347) | (1,289) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (2,347) | |||||||
| Loss from continuing operations before equity method investments, income taxes: | (1,291) | (2,748) | (12,129) | (625) | (1,148) | (746) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (546) | 288 | 802 | (543) | ||||
| Loss from continuing operations: | (1,291) | (2,748) | (12,675) | (337) | (347) | (1,289) | ||
| Loss before gain (loss) on sale of properties: | (1,291) | (2,748) | (12,675) | (337) | (347) | (1,289) | ||
| Net loss: | (1,291) | (2,748) | (12,675) | (337) | (347) | (1,289) | ||
| Other undisclosed net income (loss) attributable to parent | 307 | 374 | 2,894 | (288) | (802) | 543 | ||
| Net loss available to common stockholders, diluted: | (984) | (2,374) | (9,782) | (625) | (1,148) | (746) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (1,291) | (2,748) | (12,675) | (337) | (347) | (1,289) | ||
| Comprehensive loss, net of tax, attributable to parent: | (1,291) | (2,748) | (12,675) | (337) | (347) | (1,289) | ||
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.