COGENTIX MEDICAL INC /DE/ Financial Statements (2026 and earlier)

Company Profile

Business Address 5420 FELTL ROAD
MINNETONKA, MN 55343
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 3845 - Electromedical and Electrotherapeutic Apparatus (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

12/31/2017
12/31/2016
3/31/2015
3/31/2014
3/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments22,9439,2621,237788
Cash and cash equivalent9,3709,2621,237788
Short-term investments13,573   
Receivables6,7717,3073,8183,624
Inventory, net of allowances, customer advances and progress billings7,2354,8264,1945,158
Inventory7,2354,8264,1945,158
Other current assets572749 ✕
Other undisclosed current assets   455276
Total current assets:37,52022,1449,7049,846
Noncurrent Assets
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization2,1151,8131,0621,454
Long-term investments and receivables5,344   
Long-term investments5,344   
Intangible asset, including goodwill, after accumulated amortization28,23232,4986777
Goodwill18,75018,750  
Intangible asset, excluding goodwill, after accumulated amortization9,48313,7496777
Other undisclosed noncurrent assets163297  
Total noncurrent assets:35,85534,6091,1291,531
TOTAL ASSETS:73,37556,75310,83311,377
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities8,3118,5892,1682,055
Interest and dividends payable  524  
Taxes payable1132873327
Employee-related liabilities4,6713,286  
Accounts payable2,6893,9681,2171,300
Accrued liabilities838524918728
Debt   2275
Other liabilities  102  
Deferred revenue and credits598148210130
Other undisclosed current liabilities  1,415441629
Total current liabilities:8,90910,2542,8412,889
Noncurrent Liabilities
Long-term debt and lease obligation  22,52922,41417,022
Long-term debt, excluding current maturities  22,52922,41417,000
Capital lease obligations    22
Liabilities, other than long-term debt1,2271,2229362
Deferred revenue and credits639 9362
Liability, pension and other postretirement and postemployment benefits309956✕✕
Other liabilities279266  
Total noncurrent liabilities:1,22723,75122,50717,084
Total liabilities:10,13534,00525,34819,973
Equity
Equity, attributable to parent63,24022,748(14,515)(8,596)
Common stock604257476463
Treasury stock, value   (78)(50)
Additional paid in capital144,43075,531102,629100,819
Accumulated other comprehensive loss(789)(1,156)  
Accumulated deficit(81,006)(51,883)(117,542)(109,828)
Total equity:63,24022,748(14,515)(8,596)
TOTAL LIABILITIES AND EQUITY:73,37556,75310,83311,377

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

12/31/2017
12/31/2016
3/31/2015
3/31/2014
3/31/2013
Revenues51,85126,52617,10815,287
Revenue, net51,85126,52617,10815,287
Cost of revenue
(Cost of Product and Service Sold)		(16,248)(3,125)(12,610)(10,945)
Other undisclosed gross profit  (0)  
Gross profit:35,60323,4014,4984,342
Operating expenses(37,414)(31,049)(11,965)(12,882)
Other undisclosed operating income   2363
Operating loss:(1,811)(7,647)(7,444)(8,477)
Nonoperating income (expense)(20,139)41,105(49)
Investment income, nonoperating 258 4
Gain (loss), foreign currency transaction, before tax(25)(4)  
Debt instrument, convertible, beneficial conversion feature   1,129 
Other nonoperating income (expense)  (24)(53)
Interest and debt expense(18,841)(0)(43)(272)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes18,8410(1,320)(1,747)
Loss from continuing operations before equity method investments, income taxes:(21,950)(7,644)(7,702)(10,545)
Loss from equity method investments   (686)
Loss from continuing operations before income taxes:(21,950)(7,644)(7,702)(11,231)
Income tax expense(145)(66)(12)(12)
Loss from continuing operations:(22,095)(7,709)(7,714)(11,243)
Loss before gain (loss) on sale of properties:(22,095)(7,709)(7,714)(11,243)
Net loss:(22,095)(7,709)(7,714)(11,243)
Other undisclosed net income attributable to parent    686
Net loss available to common stockholders, diluted:(22,095)(7,709)(7,714)(10,557)

Comprehensive Income ($ in thousands)
Annual | Quarterly

12/31/2017
12/31/2016
3/31/2015
3/31/2014
3/31/2013
Net loss:(22,095)(7,709)(7,714)(11,243)
Comprehensive loss:(22,095)(7,709)(7,714)(11,243)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent87(672)  
Comprehensive loss, net of tax, attributable to parent:(22,008)(8,381)(7,714)(11,243)

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.

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