BIO-key International, Inc. (BKYI) financial statements (2022 and earlier)
Company profile
| Business Address |
3349 HIGHWAY 138 WALL, NJ 07719 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 3576 - Computer Communications Equipment (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | 3/31/2020 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 9,592 | 11,993 | 14,041 | 17,506 | 18,912 | 1,403 | 1,175 | ||
| Cash and cash equivalents | 9,592 | 11,480 | 13,529 | 16,993 | 18,396 | 887 | 662 | ||
| Short-term investments | 513 | 513 | 513 | 516 | 516 | 513 | |||
| Receivables | 1,541 | 1,348 | 1,432 | 843 | 787 | 315 | 120 | ||
| Inventory, net of allowances, customer advances and progress billings | 4,635 | 2,291 | 600 | 331 | 399 | 389 | 398 | ||
| Inventory | 4,635 | 2,291 | 600 | 331 | 399 | 389 | 398 | ||
| Prepaid expense | 160 | 124 | 156 | ||||||
| Other current assets | 54 | 50 | 50 | 60 | 63 | 80 | 131 | ||
| Other undisclosed current assets | 791 | 1,488 | 1,450 | 202 | 204 | 99 | 167 | ||
| Total current assets: | 16,772 | 17,292 | 17,730 | 18,942 | 20,366 | 2,285 | 1,990 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 314 | 372 | 430 | 487 | 557 | 553 | 520 | ||
| Property, plant and equipment | 71 | 60 | 70 | 82 | 79 | 96 | 76 | ||
| Long-term investments and receivables | 678 | 295 | 295 | ||||||
| Long-term investments | 483 | ||||||||
| Accounts and financing receivable, after allowance for credit loss | 195 | 295 | 295 | ||||||
| Intangible assets, net (including goodwill) | 2,615 | 2,669 | 2,723 | 2,777 | 2,772 | 2,564 | 147 | ||
| Goodwill | 1,263 | 1,263 | 1,263 | 1,263 | 1,155 | 417 | |||
| Intangible assets, net (excluding goodwill) | 1,352 | 1,406 | 1,460 | 1,514 | 1,617 | 2,147 | 147 | ||
| Contract with customer, asset, net | 219 | 193 | 170 | 165 | 150 | 176 | 208 | ||
| Deposits noncurrent assets | 9 | 9 | 9 | 9 | 9 | 9 | 9 | ||
| Other undisclosed noncurrent assets | 51 | 54 | 56 | 59 | 69 | 69 | 69 | ||
| Total noncurrent assets: | 3,956 | 3,651 | 3,753 | 3,579 | 3,635 | 3,467 | 1,029 | ||
| TOTAL ASSETS: | 20,728 | 20,944 | 21,483 | 22,521 | 24,001 | 5,752 | 3,019 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 2,136 | 1,440 | 845 | 753 | 714 | 1,049 | 1,132 | ||
| Accounts payable | 1,437 | 865 | 309 | 244 | 315 | 668 | 617 | ||
| Accrued liabilities | 699 | 575 | 536 | 508 | 400 | 380 | 515 | ||
| Deferred revenue | 672 | 550 | 525 | 657 | 773 | 603 | 413 | ||
| Debt | 232 | 235 | 2,701 | 2,302 | |||||
| Due to related parties | 66 | 66 | |||||||
| Other undisclosed current liabilities | 206 | 221 | 230 | 234 | 230 | 204 | 163 | ||
| Total current liabilities: | 3,014 | 2,211 | 1,600 | 1,876 | 1,952 | 4,623 | 4,077 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 119 | 162 | 211 | 264 | 325 | 346 | 354 | ||
| Operating lease, liability | 119 | 162 | 211 | 264 | 325 | 346 | 354 | ||
| Liabilities, other than long-term debt | 61 | 71 | 49 | 45 | 40 | ||||
| Deferred revenue | 61 | 71 | 49 | 45 | 40 | ||||
| Other undisclosed noncurrent liabilities | (346) | (354) | |||||||
| Total noncurrent liabilities: | 180 | 233 | 261 | 309 | 366 | 346 | 354 | ||
| Total liabilities: | 3,195 | 2,445 | 1,861 | 2,185 | 2,318 | 4,970 | 4,430 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 17,533 | 18,499 | 19,622 | 20,335 | 21,682 | 782 | (1,411) | ||
| Common stock | 1 | 1 | 1 | 1 | 6 | 2 | 2 | ||
| Additional paid in capital | 120,079 | 120,021 | 119,982 | 119,844 | 119,748 | 95,559 | 91,793 | ||
| Accumulated deficit | (102,546) | (101,523) | (100,361) | (99,510) | (98,072) | (94,779) | (93,206) | ||
| Total stockholders' equity: | 17,533 | 18,499 | 19,622 | 20,335 | 21,682 | 782 | (1,411) | ||
| TOTAL LIABILITIES AND EQUITY: | 20,728 | 20,944 | 21,483 | 22,521 | 24,001 | 5,752 | 3,019 | ||
Income statement (P&L) ($ in thousands)
| 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | 3/31/2020 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,299 | 992 | 1,889 | 1,064 | 943 | 307 | 522 | |
| Cost of revenue (Cost of Goods and Services Sold) | (295) | (240) | (767) | (311) | (212) | (148) | (124) | |
| Gross profit: | 1,004 | 753 | 1,122 | 753 | 732 | 159 | 398 | |
| Operating expenses | (1,998) | (1,865) | (1,958) | (2,295) | (1,821) | (1,531) | (1,718) | |
| Other undisclosed operating income (loss) | 1,063 | 821 | 1,526 | (1,114) | 1,171 | (730) | ||
| Operating loss: | (994) | (49) | (15) | (16) | (2,204) | (201) | (2,050) | |
| Nonoperating expense | (30) | (1,113) | (836) | (1,422) | (1,090) | (1,372) | (1,320) | |
| Interest and debt expense | (18) | (2,205) | (568) | (499) | ||||
| Net loss: | (1,024) | (1,162) | (869) | (1,437) | (5,498) | (2,140) | (3,869) | |
| Other undisclosed net income attributable to parent | 18 | 2,205 | 568 | 499 | ||||
| Net loss attributable to parent: | (1,024) | (1,162) | (851) | (1,437) | (3,294) | (1,573) | (3,370) | |
| Other undisclosed net loss available to common stockholders, basic | (113) | |||||||
| Net loss available to common stockholders, diluted: | (1,024) | (1,162) | (851) | (1,437) | (3,294) | (1,573) | (3,483) | |
Comprehensive Income ($ in thousands)
| 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | 3/31/2020 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (1,024) | (1,162) | (869) | (1,437) | (5,498) | (2,140) | (3,869) | |
| Comprehensive loss, net of tax, attributable to parent: | (1,024) | (1,162) | (869) | (1,437) | (5,498) | (2,140) | (3,869) | |
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.