Brightcove Inc. (BCOV) financial statements (2021 and earlier)
Company profile
| Business Address |
290 CONGRESS STREET BOSTON, MA 02210 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 23 | 29 | 26 | 37 | 28 | 23 | 36 | ||
| Cash and cash equivalents | 23 | 29 | 26 | 37 | 28 | 23 | 33 | ||
| Short-term investments | 3 | ||||||||
| Restricted cash and investments | 0 | ||||||||
| Receivables | 31 | 23 | 25 | 22 | 21 | 21 | 22 | ||
| Prepaid expense | 5 | 5 | 4 | 4 | 3 | 3 | 3 | ||
| Deferred tax assets | ✕ | 0 | 0 | ||||||
| Other current assets | 7 | 7 | 3 | 2 | 1 | 1 | 1 | ||
| Total current assets: | 66 | 65 | 58 | 64 | 53 | 49 | 62 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 17 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 12 | 10 | 9 | 9 | 9 | 10 | 9 | ||
| Intangible assets, net (including goodwill) | 75 | 57 | 59 | 62 | 65 | 68 | 31 | ||
| Goodwill | 61 | 51 | 51 | 51 | 51 | 51 | 22 | ||
| Intangible assets, net (excluding goodwill) | 14 | 6 | 8 | 11 | 14 | 17 | 9 | ||
| Restricted cash and investments | 0 | 0 | 0 | ||||||
| Other noncurrent assets | 3 | 2 | 1 | 1 | 1 | 1 | 2 | ||
| Deferred tax assets, net | ✕ | 0 | 0 | 0 | |||||
| Total noncurrent assets: | 107 | 69 | 69 | 72 | 74 | 79 | 41 | ||
| TOTAL ASSETS: | 173 | 133 | 128 | 136 | 128 | 128 | 103 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 31 | 21 | 20 | 21 | 16 | 21 | 27 | ||
| Accounts payable | 10 | 8 | 6 | 5 | 3 | 2 | 3 | ||
| Accrued liabilities | 21 | 14 | 14 | 16 | 13 | 12 | 15 | ||
| Employee-related liabilities | 5 | 8 | |||||||
| Taxes payable | 2 | 1 | |||||||
| Deferred revenue | 49 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Debt | 6 | 0 | 0 | 1 | 1 | 1 | |||
| Deferred revenue and credits | ✕ | ✕ | 39 | 35 | 30 | 30 | 24 | ||
| Other undisclosed current liabilities | 40 | (7) | (9) | ||||||
| Total current liabilities: | 86 | 62 | 59 | 56 | 47 | 44 | 41 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 12 | ||||||||
| Operating lease, liability | 12 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 1 | 1 | 1 | 2 | 3 | 4 | 3 | ||
| Deferred revenue and credits | ✕ | ✕ | 0 | 0 | 0 | 2 | 2 | ||
| Deferred tax liabilities, net | ✕ | 0 | |||||||
| Other liabilities | 1 | 1 | 1 | 2 | 3 | 3 | 1 | ||
| Other undisclosed noncurrent liabilities | 0 | (1) | (1) | ||||||
| Total noncurrent liabilities: | 12 | 1 | 1 | 2 | 3 | 3 | 2 | ||
| Total liabilities: | 99 | 63 | 61 | 58 | 50 | 47 | 43 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 74 | 71 | 67 | 78 | 78 | 81 | 60 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Treasury stock, value | (1) | (1) | (1) | (1) | (1) | ||||
| Additional paid in capital | 276 | 251 | 239 | 231 | 220 | 215 | 177 | ||
| Accumulated other comprehensive loss | (1) | (1) | (1) | (1) | (1) | (1) | (0) | ||
| Accumulated deficit | (201) | (179) | (170) | (151) | (141) | (133) | (116) | ||
| Total stockholders' equity: | 74 | 71 | 67 | 78 | 78 | 81 | 60 | ||
| TOTAL LIABILITIES AND EQUITY: | 173 | 133 | 128 | 136 | 128 | 128 | 103 | ||
Income statement (P&L) ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 184 | 165 | 156 | 150 | 135 | 125 | 110 | |
| Revenue, net | ✕ | ✕ | 156 | 150 | 135 | 125 | 110 | |
| Cost of revenue | (75) | (67) | (65) | (56) | (46) | (44) | (37) | |
| Cost of goods and services sold | (75) | (67) | (51) | (48) | (42) | (38) | (29) | |
| Other cost of operating revenue | (14) | (8) | (5) | (6) | (8) | |||
| Gross profit: | 109 | 98 | 91 | 94 | 88 | 81 | 73 | |
| Operating expenses | (130) | (111) | (111) | (103) | (95) | (96) | (83) | |
| Operating loss: | (21) | (13) | (20) | (9) | (7) | (15) | (9) | |
| Nonoperating income (expense) | (0) | (0) | 1 | (1) | (0) | (1) | (1) | |
| Other nonoperating income (expense) | (0) | (0) | 0 | (1) | (0) | (1) | (1) | |
| Interest and debt expense | (0) | (0) | (0) | (0) | ||||
| Loss from continuing operations before equity method investments, income taxes: | (21) | (13) | (19) | (10) | (7) | (17) | (10) | |
| Other undisclosed income from continuing operations before income taxes | 0 | 0 | 0 | 0 | ||||
| Loss from continuing operations before income taxes: | (21) | (13) | (19) | (10) | (7) | (17) | (10) | |
| Income tax expense | (1) | (1) | (0) | (0) | (0) | (0) | (0) | |
| Net loss: | (22) | (14) | (20) | (10) | (8) | (17) | (10) | |
| Net loss attributable to noncontrolling interest | (0) | |||||||
| Net loss available to common stockholders, diluted: | (22) | (14) | (20) | (10) | (8) | (17) | (10) | |
Comprehensive Income ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (22) | (14) | (20) | (10) | (8) | (17) | (10) | |
| Other comprehensive loss | (1) | |||||||
| Other undisclosed comprehensive loss | (0) | (0) | ||||||
| Comprehensive loss: | (22) | (14) | (20) | (10) | (8) | (17) | (11) | |
| Comprehensive income, net of tax, attributable to noncontrolling interest | 0 | |||||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 0 | (0) | 0 | (0) | (0) | |||
| Comprehensive loss, net of tax, attributable to parent: | (22) | (14) | (19) | (10) | (8) | (17) | (11) | |
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.