Far Point Acquisition Corporation Financial Statements (2026 and earlier)
Company Profile
| Business Address |
390 PARK AVENUE NEW YORK, NY 10022 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 6/30/2020 MRQ | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 1,051,725 | 1,666,639 | |||
| Cash and cash equivalent | 1,051,725 | 1,666,639 | |||
| Prepaid expense | 157,616 | ||||
| Other undisclosed current assets | 157,646 | ||||
| Total current assets: | 1,209,371 | 1,824,255 | |||
| Noncurrent Assets | |||||
| Asset, held-in-trust | 649,394,916 | 639,719,665 | |||
| Other noncurrent assets | 25,525 | 25,525 | |||
| Total noncurrent assets: | 649,420,441 | 639,745,190 | |||
| TOTAL ASSETS: | 650,629,812 | 641,569,445 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities, including: | 2,193,441 | 635,139 | |||
| Taxes payable | 110,678 | 116,994 | |||
| Other undisclosed accounts payable and accrued liabilities | 2,082,763 | 518,145 | |||
| Other undisclosed current liabilities | 110,678 | 1,608,464 | |||
| Total current liabilities: | 2,304,119 | 2,243,603 | |||
| Noncurrent Liabilities | |||||
| Other undisclosed noncurrent liabilities | 20,737,500 | 20,737,500 | |||
| Total noncurrent liabilities: | 20,737,500 | 20,737,500 | |||
| Total liabilities: | 23,041,619 | 22,981,103 | |||
| Equity | |||||
| Equity, attributable to parent, including: | 5,000,003 | 5,000,002 | |||
| Additional paid in capital | 375,406 | ||||
| Retained earnings | 4,998,323 | 4,622,826 | |||
| Other undisclosed equity, attributable to parent | 1,680 | 1,770 | |||
| Other undisclosed equity | 622,588,190 | 613,588,340 | |||
| Total equity: | 627,588,193 | 618,588,342 | |||
| TOTAL LIABILITIES AND EQUITY: | 650,629,812 | 641,569,445 | |||
Income Statement (P&L) (USD)
| 6/30/2020 TTM | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|
| Gross profit: | (195,241) | |||
| Operating expenses | (2,116,043) | |||
| Operating loss: | (2,311,284) | |||
| Nonoperating income (Investment Income, Nonoperating) | 14,377,603 | |||
| Income from continuing operations before income taxes: | 12,066,319 | |||
| Income tax expense | (3,019,314) | |||
| Income from continuing operations: | 9,047,005 | |||
| Income before gain (loss) on sale of properties: | 9,047,005 | |||
| Net income available to common stockholders, diluted: | 9,047,005 | |||
Comprehensive Income (USD)
| 6/30/2020 TTM | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|
| Net income: | 9,047,005 | |||
| Comprehensive income, net of tax, attributable to parent: | 9,047,005 | |||
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.