Biomerica, Inc. (BMRA) financial statements (2020 and earlier)

Company profile

Business Address 17571 VON KARMAN AVENUE
IRVINE, CA 92614
State of Incorp. DE
Fiscal Year End May 31
SIC 3843 - Dental Equipment and Supplies (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

11/30/2019
TTM
5/31/2019
5/31/2018
5/31/2017
5/31/2016
5/31/2015
5/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8516871,2051,2251,8891,0881,509
Cash and cash equivalents8516871,2051,2251,8891,0881,509
Receivables1,2831,4558001,0609691,1121,448
Inventory, net of allowances, customer advances and progress billings2,1912,1512,1791,7291,8632,0271,766
Inventory2,1912,1512,1791,7291,8632,0271,766
Deferred tax assets    7487
Other undisclosed current assets186202300196114164104
Total current assets:4,5114,4954,4844,2104,8354,4664,913
Noncurrent Assets
Operating lease, right-of-use asset1,824
Property, plant and equipment304351351332381445614
Intangible assets, net (including goodwill)11010799174249321382
Intangible assets, net (excluding goodwill)11010799174249321382
Other noncurrent assets12512711395565736
Deferred tax assets, net 104141670359
Other undisclosed noncurrent assets165165165165165165165
Total noncurrent assets:2,5287507398088911,6591,557
TOTAL ASSETS:7,0395,2455,2235,0185,7276,1246,470
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1,3451,038687352333392442
Accounts payable1,345     386
Employee-related liabilities 227210177173132114
Other undisclosed accounts payable and accrued liabilities 811477175161260(58)
Debt200      
Deferred revenue and credits   3656
Other undisclosed current liabilities4392272101771739658
Total current liabilities:1,9841,264897529506524556
Noncurrent Liabilities
Long-term debt and lease obligation1,678      
Operating lease, liability1,678
Total noncurrent liabilities:1,678      
Total liabilities:3,6631,264897529506524556
Stockholders' equity
Stockholders' equity attributable to parent3,3763,9814,3264,4895,2205,6015,914
Common stock788774711681654605603
Common stock, share subscribed but unissued, subscriptions receivable(16)      
Additional paid in capital23,22322,83020,84419,55219,40018,32718,309
Accumulated other comprehensive loss(42)(37)(26)(16)(14)(12)(10)
Accumulated deficit(20,578)(19,587)(17,194)(15,728)(14,819)(13,319)(12,988)
Stockholders' equity note, subscriptions receivable  (9) 
Total stockholders' equity:3,3763,9814,3264,4895,2205,6015,914
TOTAL LIABILITIES AND EQUITY:7,0395,2455,2235,0185,7276,1246,470

Income statement (P&L) ($ in thousands)

11/30/2019
TTM
5/31/2019
5/31/2018
5/31/2017
5/31/2016
5/31/2015
5/31/2014
Revenues5,2185,2015,5645,7925,1404,9625,120
Revenue, net 5,7925,1404,9625,120
Cost of revenue(3,835)(3,909)(3,810)(3,770)(3,616)(3,421)(3,451)
Gross profit:1,3831,2921,7542,0221,5241,5421,669
Operating expenses(3,854)(3,705)(3,236)(2,976)(2,351)(2,212)(2,116)
Operating loss:(2,471)(2,413)(1,482)(955)(827)(671)(447)
Nonoperating income41444846312420
Investment income, nonoperating41444846242217
Other nonoperating income    723
Interest and debt expense(0)(0)(0)(0)(0) (0)
Other undisclosed income from continuing operations before equity method investments, income taxes 0000 0
Loss from continuing operations before income taxes:(2,431)(2,369)(1,434)(909)(796)(646)(426)
Income tax expense (benefit)(1)(24)(32) (704)315211
Other undisclosed loss from continuing operations(24)      
Net loss:(2,456)(2,393)(1,466)(909)(1,500)(331)(216)
Other undisclosed net income attributable to parent0      
Net loss available to common stockholders, diluted:(2,456)(2,393)(1,466)(909)(1,500)(331)(216)

Comprehensive Income ($ in thousands)

11/30/2019
TTM
5/31/2019
5/31/2018
5/31/2017
5/31/2016
5/31/2015
5/31/2014
Net loss:(2,456)(2,393)(1,466)(909)(1,500)(331)(216)
Other comprehensive income   2   
Comprehensive loss:(2,456)(2,393)(1,466)(906)(1,500)(331)(216)
Other undisclosed comprehensive loss, net of tax, attributable to parent(10)(10)(10)(4)(1)(2)(1)
Comprehensive loss, net of tax, attributable to parent:(2,465)(2,403)(1,476)(911)(1,501)(334)(217)

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.

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