I-ON DIGITAL CORP. financial statements (2020 and earlier)

Company profile

Business Address 2000 MAIN STREET
IRVINE, CA 92614
State of Incorp. DE
Fiscal Year End December 31
SIC 2082 - Malt Beverages (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,0542,451 11832534
Cash and cash equivalents1,3381,709 11832534
Short-term investments716741    
Restricted cash and investments 1,699    
Receivables3,0732,718525191222 
Inventory, net of allowances, customer advances and progress billings  291240179 
Inventory  291240179 
Prepaid expense  26111114
Deposits current assets  4710  
Deferred tax assets66    
Other undisclosed current assets2,929857 2  
Total current assets:8,0567,79188857273848
Noncurrent Assets
Property, plant and equipment2041641,5971,229469 
Long-term investments and receivables105103    
Long-term investments105103    
Intangible assets, net (including goodwill)193136    
Intangible assets, net (excluding goodwill)193136    
Derivative instruments and hedges106     
Deposits noncurrent assets354358    
Other noncurrent assets  215134144 
Deferred tax assets, net1,212 (12)(9) 
Other undisclosed noncurrent assets774109 129 
Total noncurrent assets:1,7362,0821,8121,363613 
TOTAL ASSETS:9,7939,8732,7001,9351,35048
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,8701,2955041981767
Accounts payable493753881501714
Accrued liabilities1,7057916112 2
Employee-related liabilities  55355 
Taxes payable116129    
Interest and dividends payable     1
Debt66971633255 
Due to related parties  2,22360410818
Deferred revenue and credits14   
Customer advances and deposits97108108 
Other undisclosed current liabilities  2013792(1)
Total current liabilities:2,5402,0103,1911,05148824
Noncurrent Liabilities
Long-term debt and lease obligation194402 31107100
Long-term debt, excluding current maturities194402 31107100
Liabilities, other than long-term debt  12   
Deferred tax liabilities, net 12   
Other undisclosed noncurrent liabilities 25 2105 
Total noncurrent liabilities:1944271233212100
Total liabilities:2,7342,4383,2021,084700124
Stockholders' equity
Stockholders' equity attributable to parent6,5787,435(502)851650(76)
Preferred stock  00  
Common stock440000
Treasury stock, value(709)(709)    
Additional paid in capital3,6473,5833,5113,4122,0848
Accumulated other comprehensive loss(260)(52)    
Retained earnings (accumulated deficit)3,8974,610(4,014)(2,562)(1,434)(83)
Stockholders' equity attributable to noncontrolling interest 0    
Other undisclosed stockholders' equity480     
Total stockholders' equity:7,0597,435(502)851650(76)
TOTAL LIABILITIES AND EQUITY:9,7939,8732,7001,9351,35048

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues7,9547,0922,3371,9541,952 
Revenue, net2,3371,9541,952 
Cost of revenue(5,520)(5,259)(2,350)(1,588)(1,457) 
Other undisclosed gross profit  (0)   
Gross profit:2,4341,832(13)366496 
Operating expenses(2,710)(2,264)(1,370)(1,298)(850)(79)
Operating loss:(276)(432)(1,383)(932)(354)(79)
Nonoperating income (expense)(155)124(63)(193)14(2)
Investment income, nonoperating52     
Other nonoperating income (expense)35147(63)(193)14(2)
Interest and debt expense(216)(23)(63)(23)(12)(2)
Other undisclosed income from continuing operations before equity method investments, income taxes216236323122
Loss from continuing operations before equity method investments, income taxes:(431)(308)(1,446)(1,125)(340)(81)
Loss from equity method investments (34)    
Loss from continuing operations before income taxes:(431)(341)(1,446)(1,125)(340)(81)
Income tax expense (benefit)(276)423(6)(2)(14) 
Net income (loss):(707)82(1,452)(1,128)(354)(81)
Net income (loss) attributable to noncontrolling interest(5)0    
Other undisclosed net income attributable to parent  30   
Net income (loss) available to common stockholders, diluted:(712)82(1,422)(1,128)(354)(81)

Comprehensive Income ($ in thousands)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(707)82(1,452)(1,128)(354)(81)
Other undisclosed comprehensive loss(213)(326)    
Comprehensive loss:(920)(244)(1,452)(1,128)(354)(81)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(5)0    
Comprehensive loss, net of tax, attributable to parent:(925)(244)(1,452)(1,128)(354)(81)

Statements sources

The financial statements are based on the company's filings with the 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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