KNIGHTSCOPE, INC. Financial Statements (2023 and earlier)
Company Profile
| Business Address |
1070 TERRA BELLA AVENUE MOUNTAIN VIEW, CA 94043 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3669 - Communications Equipment, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 4,810 | 10,749 | ||
| Cash and cash equivalents | 4,810 | 10,749 | ||
| Restricted cash and investments | 100 | |||
| Receivables | 1,370 | 1,189 | ||
| Inventory, net of allowances, customer advances and progress billings | 2,560 | |||
| Inventory | 2,560 | |||
| Prepaid expense | 967 | 708 | ||
| Other current assets | 6 | |||
| Other undisclosed current assets | 376 | 591 | ||
| Total current assets: | 10,089 | 13,337 | ||
| Noncurrent Assets | ||||
| Operating lease, right-of-use asset | 2,012 | 1,077 | ||
| Property, plant and equipment | 614 | 117 | ||
| Intangible assets, net (including goodwill) | 3,400 | |||
| Goodwill | 1,344 | |||
| Intangible assets, net (excluding goodwill) | 2,056 | |||
| Other noncurrent assets | 117 | 78 | ||
| Other undisclosed noncurrent assets | 5,850 | 2,971 | ||
| Total noncurrent assets: | 11,993 | 4,243 | ||
| TOTAL ASSETS: | 22,082 | 17,580 | ||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities | 4,860 | 3,205 | ||
| Taxes payable | ✕ | 500 | ||
| Accounts payable | 2,457 | 1,514 | ||
| Accrued liabilities | 2,403 | 1,191 | ||
| Deferred revenue | 1,711 | 889 | ||
| Debt | 2,144 | 7,109 | ||
| Other liabilities | 1,063 | 893 | ||
| Other undisclosed current liabilities | 731 | 148 | ||
| Total current liabilities: | 10,509 | 12,244 | ||
| Noncurrent Liabilities | ||||
| Long-term debt and lease obligation | 6,554 | 485 | ||
| Long-term debt, excluding current maturities | 6,554 | |||
| Liabilities, other than long-term debt | 2,811 | |||
| Other liabilities | 356 | |||
| Operating lease, liability | 1,309 | 485 | ||
| Derivative instruments and hedges, liabilities | 1,146 | |||
| Other undisclosed noncurrent liabilities | 10,011 | 30,081 | ||
| Total noncurrent liabilities: | 19,376 | 31,051 | ||
| Total liabilities: | 29,885 | 43,295 | ||
| Temporary equity, carrying amount | 35,783 | 57,218 | ||
| Equity | ||||
| Equity, attributable to parent, including: | (43,586) | (82,933) | ||
| Additional paid in capital | 95,716 | 30,745 | ||
| Accumulated deficit | (139,340) | (113,697) | ||
| Other undisclosed equity, attributable to parent | 38 | 19 | ||
| Total equity: | (43,586) | (82,933) | ||
| TOTAL LIABILITIES AND EQUITY: | 22,082 | 17,580 | ||
Income Statement (P&L) ($ in thousands)
| 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|
| Revenues | 5,631 | 3,407 | |
| Cost of revenue (Cost of Goods and Services Sold) | (8,950) | (5,464) | |
| Gross profit: | (3,319) | (2,057) | |
| Operating expenses | (28,649) | (22,498) | |
| Operating loss: | (31,968) | (24,555) | |
| Nonoperating income (expense) | 6,325 | (19,288) | |
| Interest and debt expense | (4,650) | ||
| Loss from continuing operations before equity method investments, income taxes: | (30,293) | (43,843) | |
| Other undisclosed income from continuing operations before income taxes | 4,650 | ||
| Loss from continuing operations: | (25,643) | (43,843) | |
| Loss before gain (loss) on sale of properties: | ✕ | (43,843) | |
| Net loss attributable to parent: | (25,643) | (43,843) | |
| Preferred stock dividends and other adjustments | (608) | ||
| Net loss available to common stockholders, diluted: | (25,643) | (44,451) | |
Comprehensive Income ($ in thousands)
| 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|
| Net loss: | (25,643) | (43,843) | |
| Comprehensive loss, net of tax, attributable to parent: | (25,643) | (43,843) | |
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.