Boomerang Systems Inc (BMER) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
30 B VREELAND ROAD FLORHAM PARK, NJ 07932 |
| State of Incorp. | DE |
| Fiscal Year End | September 30 |
| Industry (SIC) | 351 - Engines And Turbines (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2015 MRQ | 9/30/2014 | 9/30/2013 | 9/30/2012 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 959 | 637 | 2,079 | |||
| Cash and cash equivalents | 959 | 637 | 2,079 | |||
| Restricted cash and investments | 82 | |||||
| Receivables | 863 | 7 | 71 | |||
| Inventory, net of allowances, customer advances and progress billings | 691 | 516 | 308 | |||
| Inventory | 691 | 516 | 308 | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | 59 | ||
| Costs in excess of billings | 381 | 476 | ||||
| Other undisclosed current assets | 389 | 118 | ||||
| Total current assets: | 2,901 | 1,659 | 3,074 | |||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 2,180 | 2,483 | 2,705 | |||
| Long-term investments and receivables | 230 | |||||
| Long-term investments | 230 | |||||
| Other undisclosed noncurrent assets | 21 | 21 | 21 | |||
| Total noncurrent assets: | 2,200 | 2,503 | 2,956 | |||
| TOTAL ASSETS: | 5,102 | 4,163 | 6,030 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities, including: | 3,752 | 2,180 | 1,889 | |||
| Interest and dividends payable | 944 | |||||
| Employee-related liabilities | 677 | 333 | ||||
| Accounts payable | 1,959 | |||||
| Accrued liabilities | 172 | |||||
| Other undisclosed accounts payable and accrued liabilities | 1,847 | 1,889 | ||||
| Debt | 90 | 115 | 88 | |||
| Provision for loss on contracts | 337 | 84 | 503 | |||
| Billings in excess of cost | 3,688 | 5 | ||||
| Due to related parties | 530 | |||||
| Other undisclosed current liabilities | 155 | 418 | 301 | |||
| Total current liabilities: | 8,551 | 2,796 | 2,786 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 10,869 | 6,399 | 3,097 | |||
| Long-term debt, excluding current maturities | 10,869 | 6,399 | 3,097 | |||
| Liabilities, other than long-term debt | 8,184 | 16,937 | 15,402 | |||
| Due to related parties | 7,525 | 5,170 | 2,332 | |||
| Derivative instruments and hedges, liabilities | 659 | 11,768 | 13,070 | |||
| Total noncurrent liabilities: | 19,054 | 23,337 | 18,498 | |||
| Total liabilities: | 27,605 | 26,133 | 21,285 | |||
| Equity | ||||||
| Equity, attributable to parent | (22,503) | (21,970) | (15,255) | |||
| Common stock | 9 | 8 | 7 | |||
| Additional paid in capital | 61,617 | 59,481 | 54,972 | |||
| Accumulated deficit | (84,129) | (81,459) | (70,235) | |||
| Total equity: | (22,503) | (21,970) | (15,255) | |||
| TOTAL LIABILITIES AND EQUITY: | 5,102 | 4,163 | 6,030 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2015 TTM | 9/30/2014 | 9/30/2013 | 9/30/2012 | ||
|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 5,447 | 2,718 | 1,145 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (8,444) | (2,613) | (2,818) | ||
| Gross profit: | (2,997) | 105 | (1,673) | ||
| Operating expenses | (4,752) | (7,827) | (10,566) | ||
| Operating loss: | (7,749) | (7,722) | (12,239) | ||
| Nonoperating income (expense) | 5,087 | (3,496) | (5,181) | ||
| Interest and debt expense | (2,071) | (1,343) | (756) | ||
| Loss from continuing operations before equity method investments, income taxes: | (4,733) | (12,561) | (18,176) | ||
| Loss from equity method investments | (404) | (156) | |||
| Other undisclosed income from continuing operations before income taxes | 2,071 | 1,747 | 912 | ||
| Loss from continuing operations before income taxes: | (2,662) | (11,218) | (17,420) | ||
| Income tax expense | (7) | (7) | (2) | ||
| Loss from continuing operations: | (2,669) | (11,225) | (17,422) | ||
| Loss before gain (loss) on sale of properties: | (2,669) | (11,225) | (17,422) | ||
| Net loss available to common stockholders, diluted: | (2,669) | (11,225) | (17,422) | ||
Comprehensive Income ($ in thousands)
| 6/30/2015 TTM | 9/30/2014 | 9/30/2013 | 9/30/2012 | ||
|---|---|---|---|---|---|
| Net loss: | (2,669) | (11,225) | (17,422) | ||
| Comprehensive loss, net of tax, attributable to parent: | (2,669) | (11,225) | (17,422) | ||
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.