Smartpros LTD Financial Statements (2026 and earlier)
Company Profile
| Business Address |
12 SKYLINE DRIVE HAWTHORNE, NY 10532 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 82 - Educational Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2015 MRQ | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 4,811 | 5,304 | 5,419 | |||
| Cash and cash equivalent | 4,811 | 5,304 | 4,919 | |||
| Short-term investments | 500 | |||||
| Receivables | 1,669 | 2,430 | 2,613 | |||
| Disposal group, including discontinued operation | 414 | |||||
| Prepaid expense and other current assets | ✕ | ✕ | 340 | 331 | ||
| Other undisclosed current assets | 406 | |||||
| Total current assets: | 7,300 | 8,075 | 8,363 | |||
| Noncurrent Assets | ||||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 427 | 566 | 547 | |||
| Long-term investments and receivables | 2 | 3 | ||||
| Long-term investments | 2 | 3 | ||||
| Intangible asset, including goodwill, after accumulated amortization | 5,752 | 6,324 | 6,338 | |||
| Goodwill | 2,456 | 2,807 | 2,807 | |||
| Intangible asset, excluding goodwill, after accumulated amortization | 3,296 | 3,516 | 3,531 | |||
| Restricted cash and investments | 75 | 75 | 75 | |||
| Disposal group, including discontinued operation, noncurrent assets | 5 | ✕ | ✕ | |||
| Other noncurrent assets | 94 | ✕ | ||||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | 105 | 105 | ||
| Other undisclosed noncurrent assets | 125 | 525 | 525 | |||
| Total noncurrent assets: | 6,479 | 7,597 | 7,593 | |||
| TOTAL ASSETS: | 13,779 | 15,672 | 15,956 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 1,171 | 1,438 | 980 | |||
| Interest and dividends payable | 69 | |||||
| Accounts payable | 875 | 1,203 | 707 | |||
| Accrued liabilities | 227 | 235 | 273 | |||
| Disposal group, including discontinued operation | 120 | |||||
| Deferred revenue and credits | 4,752 | 4,395 | 5,006 | |||
| Other undisclosed current liabilities | 70 | 59 | ||||
| Total current liabilities: | 6,044 | 5,904 | 6,045 | |||
| Noncurrent Liabilities | ||||||
| Other undisclosed noncurrent liabilities | 66 | 70 | 64 | |||
| Total noncurrent liabilities: | 66 | 70 | 64 | |||
| Total liabilities: | 6,110 | 5,974 | 6,109 | |||
| Equity | ||||||
| Equity, attributable to parent | 7,669 | 9,698 | 9,847 | |||
| Common stock | 1 | 1 | 1 | |||
| Treasury stock, value | (2,847) | (2,686) | (2,570) | |||
| Additional paid in capital | 16,985 | 17,217 | 17,393 | |||
| Accumulated deficit | (6,469) | (4,834) | (4,977) | |||
| Total equity: | 7,669 | 9,698 | 9,847 | |||
| TOTAL LIABILITIES AND EQUITY: | 13,779 | 15,672 | 15,956 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 13,488 | 16,831 | 15,883 | ||
| Cost of revenue (Cost of Product and Service Sold) | (6,105) | (7,554) | (7,028) | ||
| Gross profit: | 7,383 | 9,277 | 8,855 | ||
| Operating expenses | (7,861) | (9,128) | (10,033) | ||
| Operating income (loss): | (478) | 148 | (1,178) | ||
| Nonoperating income (Investment Income, Nonoperating) | 17 | 27 | 27 | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (461) | 176 | (1,151) | ||
| Loss from equity method investments | (6) | (9) | |||
| Income (loss) from continuing operations before income taxes: | (461) | 170 | (1,160) | ||
| Income tax expense | (404) | (27) | (735) | ||
| Income (loss) from continuing operations: | (865) | 143 | (1,895) | ||
| Income (loss) before gain (loss) on sale of properties: | (1,635) | 143 | (1,895) | ||
| Loss from discontinued operations | (770) | ||||
| Net income (loss) available to common stockholders, diluted: | (1,635) | 143 | (1,895) | ||
Comprehensive Income ($ in thousands)
| 9/30/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Net income (loss): | (1,635) | 143 | (1,895) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (1,635) | 143 | (1,895) | ||
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.