iLearningEngines, Inc. (AILEQ) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
6701 DEMOCRACY BLVD. BETHESDA, MD 20817 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 146 | 146 | 263 | |||
| Cash and cash equivalent | 146 | 146 | 263 | |||
| Receivables | ||||||
| Prepaid expense | 114 | 76 | 515 | |||
| Contract with customer, asset, after allowance for credit loss | ||||||
| Other undisclosed current assets | ||||||
| Total current assets: | 260 | 222 | 777 | |||
| Noncurrent Assets | ||||||
| Long-term investments and receivables | ||||||
| Accounts and financing receivable, after allowance for credit loss | ||||||
| Asset, held-in-trust | 46,745 | 290,738 | 287,524 | |||
| Deferred income tax assets | ||||||
| Other noncurrent assets | ||||||
| Total noncurrent assets: | 46,745 | 290,738 | 287,524 | |||
| TOTAL ASSETS: | 47,004 | 290,960 | 288,301 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities, including: | 4,099 | 1,064 | 1,178 | |||
| Accounts payable | ||||||
| Accrued liabilities | 383 | |||||
| Other undisclosed accounts payable and accrued liabilities | 4,099 | 680 | 1,178 | |||
| Deferred revenue | ||||||
| Debt | 2,620 | 1,500 | 750 | |||
| Derivative instruments and hedges, liabilities | ||||||
| Other liabilities | ||||||
| Other undisclosed current liabilities | 6,153 | 383 | ||||
| Total current liabilities: | 12,872 | 2,947 | 1,928 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | ||||||
| Long-term debt, excluding current maturities | ||||||
| Liabilities, other than long-term debt | 11,873 | 110 | 11,991 | |||
| Deferred compensation liability, classified | 10,063 | |||||
| Other liabilities | ||||||
| Derivative instruments and hedges, liabilities | 1,810 | 110 | 11,991 | |||
| Other undisclosed noncurrent liabilities | 10,063 | 10,063 | ||||
| Total noncurrent liabilities: | 11,873 | 10,173 | 22,054 | |||
| Total liabilities: | 24,744 | 13,120 | 23,982 | |||
| Temporary equity, including noncontrolling interest | 46,745 | |||||
| Equity | ||||||
| Equity, attributable to parent, including: | (24,485) | (12,477) | (23,181) | |||
| Common stock | ||||||
| Additional paid in capital | ||||||
| Accumulated deficit | (24,485) | (12,478) | (23,182) | |||
| Other undisclosed equity, attributable to parent | 1 | 1 | 1 | |||
| Other undisclosed equity | 290,318 | 287,500 | ||||
| Total equity: | (24,485) | 277,840 | 264,319 | |||
| TOTAL LIABILITIES AND EQUITY: | 47,004 | 290,960 | 288,301 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Revenues (Other undisclosed Revenues) | |||||
| Cost of revenue (Other undisclosed Cost of revenue) | |||||
| Gross profit: | |||||
| Operating expenses | (5,488) | (1,555) | (3,859) | ||
| Operating loss: | (5,488) | (1,555) | (3,859) | ||
| Nonoperating income (expense) | 203 | 15,827 | 8,704 | ||
| Other nonoperating income (expense) | 203 | 15,827 | 8,704 | ||
| Interest and debt expense | (89) | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (5,374) | 14,272 | 4,845 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 89 | (0) | |||
| Income (loss) from continuing operations before income taxes: | (5,285) | 14,272 | 4,845 | ||
| Income tax expense (benefit) | (564) | (750) | |||
| Income (loss) from continuing operations: | (5,849) | 13,521 | 4,845 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 4,845 | |
| Net income (loss): | (5,849) | 13,521 | 4,845 | ||
| Other undisclosed net income (loss) attributable to parent | 0 | ||||
| Net income (loss) attributable to parent: | (5,849) | 13,521 | 4,845 | ||
| Preferred stock dividends and other adjustments | (3,686) | ||||
| Other undisclosed net loss available to common stockholders, basic | |||||
| Net income (loss) available to common stockholders, diluted: | (9,535) | 13,521 | 4,845 | ||
Comprehensive Income ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Net income (loss): | (5,849) | 13,521 | 4,845 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (5,849) | 13,521 | 4,845 | ||
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.