Allied Esports Entertainment, Inc. (AESE) financial statements (2022 and earlier)

Company profile

Business Address 17877 VON KARMAN AVENUE, SUITE 300
IRVINE, CA 92614
State of Incorp. DE
Fiscal Year End December 31
SIC 79 - Amusement And Recreation Services (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 8488,441134428
Cash and cash equivalents 8488,441134428
Restricted cash and investments 5,000   
Receivables 2712,121  
Prepaid expense   1133
Deferred costs    19
Disposal group, including discontinued operation 45,364   
Other undisclosed current assets 4865,018  
Total current assets: 51,96915,580145480
Noncurrent Assets
Property, plant and equipment 9,27620,554  
Intangible assets, net (including goodwill) 6218,873  
Goodwill 314,084  
Intangible assets, net (excluding goodwill) 3114,790  
Assets held-in-trust   141,307138,980
Other undisclosed noncurrent assets 59416,314  
Total noncurrent assets: 9,93255,741141,307138,980
TOTAL ASSETS: 61,90071,321141,452139,460
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 1,9873,89214945
Accounts payable 901   
Accrued liabilities 418847  
Employee-related liabilities 1,0111,348  
Taxes payable   47386
Interest and dividends payable 153   
Other undisclosed accounts payable and accrued liabilities (496)1,698(324)(40)
Deferred revenue 57 
Debt 1,53912,846  
Due to related parties 10,4349883633
Disposal group, including discontinued operation 9,169   
Deferred tax liabilities0 
Other undisclosed current liabilities 2,4756,90147386
Total current liabilities: 25,66224,627985134
Noncurrent Liabilities
Long-term debt and lease obligation 946   
Long-term debt, excluding current maturities 946   
Liabilities, other than long-term debt 1,6932,473  
Deferred rent credit 1,6932,473 
Other undisclosed noncurrent liabilities 194   
Total noncurrent liabilities: 2,8332,473  
Total liabilities: 28,49527,100985134
Stockholders' equity
Stockholders' equity attributable to parent 33,40644,2215,0005,000
Common stock 4200
Additional paid in capital 195,488161,3013,7654,906
Accumulated other comprehensive income 191136  
Retained earnings (accumulated deficit) (162,277)(117,219)1,23493
Other undisclosed stockholders' equity   135,467134,326
Total stockholders' equity: 33,40644,221140,467139,326
TOTAL LIABILITIES AND EQUITY: 61,90071,321141,452139,460

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

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues 3,21126,072  
Cost of revenue (18,207)(18,823)  
Gross profit: (14,996)7,249  
Operating expenses (16,730)(22,794)(824) 
Operating loss: (31,726)(15,545)(824) 
Nonoperating income (expense) (14,058)(1,194)2,541 
Other nonoperating income   2,541 
Interest and debt expense 3,438(1,197)  
Income (loss) from continuing operations before equity method investments, income taxes: (42,346)(17,936)1,717 
Other undisclosed income (loss) from continuing operations before income taxes (3,454)1,197  
Income (loss) from continuing operations before income taxes: (45,800)(16,739)1,717 
Income tax expense (benefit) 7,904 (576) 
Income (loss) from continuing operations: (37,896)(16,739)1,141 
Income from discontinued operations 726   
Income (loss) before gain (loss) on sale of properties: (37,170)(16,739)1,141 
Other undisclosed net loss (7,888) (1,799) 
Net loss: (45,059)(16,739)(658) 
Other undisclosed net income attributable to parent   1,799 
Net income (loss) available to common stockholders, diluted: (45,059)(16,739)1,141 

Comprehensive Income ($ in thousands)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net loss: (45,059)(16,739)(658) 
Other comprehensive income (loss) 55(3)  
Comprehensive loss: (45,004)(16,741)(658) 
Comprehensive income, net of tax, attributable to noncontrolling interest 55   
Comprehensive loss, net of tax, attributable to parent: (44,949)(16,741)(658) 

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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