Sphere 3D Corp. (ANY) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
243 TRESSER BLVD, 17TH FLOOR STAMFORD, CT 06901 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6199 - Finance Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 586 | 1,337 | 149 | 341 | 4,598 | |||
| Cash and cash equivalents | 586 | 1,337 | 149 | 341 | 4,598 | |||
| Short-term investments | ||||||||
| Restricted cash and investments | 206 | |||||||
| Receivables | (3,821) | 3,995 | 369 | 1,142 | 11,482 | |||
| Inventory, net of allowances, customer advances and progress billings | 753 | 1,230 | 8,366 | |||||
| Inventory | 753 | 1,230 | 8,366 | |||||
| Other current assets | 11,938 | 3,051 | 670 | 784 | 1,829 | |||
| Other undisclosed current assets | 4,807 | 1,695 | ||||||
| Total current assets: | 13,510 | 10,284 | 1,941 | 3,497 | 26,275 | |||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 24,166 | 34,259 | 2 | 6 | 2,742 | |||
| Long-term investments and receivables | 2,100 | 2,100 | ||||||
| Long-term investments | 2,100 | 2,100 | ||||||
| Intangible assets, net (including goodwill) | 4,581 | 9,477 | 3,686 | 4,733 | 53,063 | |||
| Goodwill | 1,385 | 1,385 | 11,590 | |||||
| Intangible assets, net (excluding goodwill) | 4,581 | 9,477 | 2,301 | 3,348 | 41,473 | |||
| Restricted cash and investments | 10,297 | |||||||
| Other noncurrent assets | 3,406 | 18,699 | 677 | 950 | 1,200 | |||
| Total noncurrent assets: | 32,153 | 72,732 | 6,465 | 7,789 | 57,005 | |||
| TOTAL ASSETS: | 45,663 | 83,016 | 8,406 | 11,286 | 83,280 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 3,553 | 4,530 | 4,928 | 8,028 | 16,759 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | 340 | 1,717 | 3,240 | ||
| Accounts payable | 2,374 | 2,993 | 4,113 | 4,600 | 9,362 | |||
| Accrued liabilities | 1,179 | 1,537 | 475 | 1,711 | 4,157 | |||
| Deferred revenue | 160 | ✕ | ✕ | |||||
| Debt | 491 | 100 | 18,195 | |||||
| Other liabilities | 106 | 814 | 158 | 23 | 1,283 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | 5,060 | ||
| Due to related parties | ✕ | ✕ | 500 | |||||
| Other undisclosed current liabilities | 1,687 | 696 | 1,069 | 988 | 26,613 | |||
| Total current liabilities: | 5,346 | 6,200 | 6,646 | 9,639 | 67,910 | |||
| Noncurrent Liabilities | ||||||||
| Liabilities, other than long-term debt | 366 | 19 | 16 | 4,907 | ||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | 1,276 | ||
| Deferred revenue | 56 | ✕ | ✕ | |||||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | 16 | 1,342 | ||
| Other liabilities | 310 | 19 | 2,289 | |||||
| Other undisclosed noncurrent liabilities | 5,418 | 501 | 7,238 | |||||
| Total noncurrent liabilities: | 5,784 | 520 | 7,254 | 4,907 | ||||
| Total liabilities: | 5,346 | 11,984 | 7,166 | 16,893 | 72,817 | |||
| Temporary equity, carrying amount | 13,794 | 36,467 | ||||||
| Equity | ||||||||
| Equity, attributable to parent, including: | 26,523 | 34,871 | 1,240 | (5,607) | 10,463 | |||
| Preferred stock | 6,844 | |||||||
| Accumulated other comprehensive loss | (1,808) | (1,799) | (1,769) | (1,816) | (1,981) | |||
| Accumulated deficit | (447,371) | (419,732) | (191,596) | (187,315) | (161,427) | |||
| Other undisclosed equity, attributable to parent | 475,702 | 456,402 | 187,761 | 183,524 | 173,871 | |||
| Equity, attributable to noncontrolling interest | (306) | |||||||
| Total equity: | 26,523 | 34,565 | 1,240 | (5,607) | 10,463 | |||
| TOTAL LIABILITIES AND EQUITY: | 45,663 | 83,016 | 8,406 | 11,286 | 83,280 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 21,906 | 6,077 | 5,579 | 9,030 | 81,523 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 81,523 | |
| Cost of revenue (Cost of Goods and Services Sold) | (3,725) | (56,839) | |||||
| Other undisclosed gross profit | (15,944) | (7,351) | |||||
| Gross profit: | 5,962 | 6,077 | 1,854 | 1,679 | 24,684 | ||
| Operating expenses | (51,905) | (163,749) | (7,878) | (14,299) | (48,599) | ||
| Other undisclosed operating income | 15,944 | ||||||
| Operating loss: | (29,999) | (157,672) | (6,024) | (12,620) | (23,915) | ||
| Nonoperating income (expense) | 7,865 | 2,600 | 2,118 | (3,971) | 1,765 | ||
| Investment income, nonoperating | 6,803 | (4,281) | (1,145) | ||||
| Gain, foreign currency transaction, before tax | 22 | 300 | 900 | ||||
| Other nonoperating income | 1,062 | 2,600 | 2,096 | 10 | 2,010 | ||
| Interest and debt expense | (1,183) | (22) | (1,608) | (3,391) | |||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (353) | 5,584 | (2,275) | ||||
| Loss from continuing operations before equity method investments, income taxes: | (23,317) | (155,072) | (4,281) | (12,615) | (27,816) | ||
| Other undisclosed loss from continuing operations before income taxes | (71) | ||||||
| Loss from continuing operations before income taxes: | (23,317) | (155,072) | (4,281) | (12,686) | (27,816) | ||
| Income tax expense (benefit) | (13) | (166) | 1,632 | ||||
| Loss from continuing operations: | (23,330) | (155,238) | (4,281) | (12,686) | (26,184) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (4,281) | (26,208) | (26,184) | |
| Loss from discontinued operations | (13,522) | ||||||
| Other undisclosed net loss | (37,674) | ||||||
| Net loss: | (23,330) | (192,912) | (4,281) | (26,208) | (26,184) | ||
| Net income (loss) attributable to noncontrolling interest | (76) | 111 | |||||
| Other undisclosed net loss attributable to parent | |||||||
| Net loss attributable to parent: | (23,406) | (192,801) | (4,281) | (26,208) | (26,184) | ||
| Other undisclosed net income available to common stockholders, basic | |||||||
| Net loss available to common stockholders, diluted: | (23,406) | (192,801) | (4,281) | (26,208) | (26,184) | ||
Comprehensive Income ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|
| Net loss: | (23,330) | (192,912) | (4,281) | (26,208) | (26,184) | ||
| Other comprehensive income (loss) | (9) | (5) | 47 | 165 | (416) | ||
| Comprehensive loss: | (23,339) | (192,917) | (4,234) | (26,043) | (26,600) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (76) | 111 | |||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 76 | (111) | |||||
| Comprehensive loss, net of tax, attributable to parent: | (23,339) | (192,917) | (4,234) | (26,043) | (26,600) | ||
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.