Blackridge Technology International, Inc. (BRTI) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
5390 KIETZKE LANE RENO, NV 89511 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2019 MRQ | 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 | 4,694 | 422 | 112 | 9 | 61 | 79 | |||
| Cash and cash equivalents | 4,694 | 422 | 112 | 9 | 61 | 79 | |||
| Receivables | 102 | 217 | 26 | 28 | 58 | 54 | |||
| Inventory, net of allowances, customer advances and progress billings | 56 | 40 | 1,062 | 709 | 328 | 289 | |||
| Inventory | 56 | 40 | 1,062 | 709 | 328 | 289 | |||
| Prepaid expense | 123 | 362 | 1 | 0 | 7 | 45 | |||
| Deposits current assets | 50 | 65 | 382 | 204 | |||||
| Other undisclosed current assets | 12 | 11 | |||||||
| Total current assets: | 4,975 | 1,041 | 1,262 | 822 | 837 | 670 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 79 | 88 | 121 | 140 | 157 | 161 | |||
| Intangible assets, net (including goodwill) | 8,920 | 7,044 | 63 | 63 | 64 | 65 | |||
| Intangible assets, net (excluding goodwill) | 8,920 | 7,044 | 63 | 63 | 64 | 65 | |||
| Total noncurrent assets: | 8,999 | 7,131 | 184 | 203 | 221 | 226 | |||
| TOTAL ASSETS: | 13,974 | 8,173 | 1,446 | 1,025 | 1,057 | 896 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 2,089 | 2,193 | 20 | 23 | 14 | 71 | |||
| Interest and dividends payable | 714 | 60 | 20 | 23 | 14 | ||||
| Employee-related liabilities | 1,929 | 2,133 | |||||||
| Accounts payable and other accrued liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 71 | ||
| Other undisclosed accounts payable and accrued liabilities | (554) | ||||||||
| Debt | 412 | 450 | 118 | 136 | 92 | 72 | |||
| Due to related parties | 183 | 521 | 180 | 3 | 46 | 43 | |||
| Other undisclosed current liabilities | 6,122 | 2,955 | 468 | 259 | 251 | 164 | |||
| Total current liabilities: | 8,806 | 6,120 | 786 | 420 | 402 | 350 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 447 | 140 | |||||||
| Long-term debt, excluding current maturities | 447 | 140 | |||||||
| Liabilities, other than long-term debt | 7 | 53 | |||||||
| Due to related parties | 7 | 53 | |||||||
| Other undisclosed noncurrent liabilities | 38 | 145 | 137 | ||||||
| Total noncurrent liabilities: | 485 | 140 | 145 | 144 | 53 | ||||
| Total liabilities: | 8,806 | 6,604 | 925 | 565 | 546 | 402 | |||
| Equity | |||||||||
| Equity, attributable to parent | 5,168 | 1,568 | 520 | 459 | 512 | 494 | |||
| Preferred stock | 4 | 4 | |||||||
| Common stock | 97 | 77 | 25 | 22 | 22 | 21 | |||
| Additional paid in capital | 72,115 | 51,384 | 465 | 148 | 148 | 89 | |||
| Retained earnings (accumulated deficit) | (67,047) | (49,896) | 30 | 289 | 342 | 384 | |||
| Total equity: | 5,168 | 1,568 | 520 | 459 | 512 | 494 | |||
| TOTAL LIABILITIES AND EQUITY: | 13,974 | 8,173 | 1,446 | 1,025 | 1,057 | 896 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 248 | 82 | 1,006 | 1,527 | 1,335 | 1,523 | ||
| Revenue, net | ✕ | ✕ | 1,006 | 1,527 | 1,403 | 62 | ||
| Cost of revenue | (17) | (10) | (745) | (1,111) | (996) | (1,111) | ||
| Cost of goods and services sold | (17) | (10) | (713) | (1,052) | (947) | (1,111) | ||
| Other undisclosed gross profit | (1) | 68 | ||||||
| Gross profit: | 231 | 71 | 262 | 416 | 408 | 411 | ||
| Operating expenses | (14,168) | (13,323) | (489) | (474) | (417) | (413) | ||
| Other undisclosed operating income | 1 | |||||||
| Operating loss: | (13,937) | (13,252) | (227) | (58) | (9) | (2) | ||
| Nonoperating income (expense) | 536 | (32) | 26 | 27 | 19 | |||
| Debt instrument, convertible, beneficial conversion feature | 536 | |||||||
| Other nonoperating income (expense) | (32) | 26 | 27 | 19 | ||||
| Interest and debt expense | (2,047) | (830) | (34) | (26) | (27) | (19) | ||
| Loss from continuing operations before equity method investments, income taxes: | (15,984) | (13,546) | (294) | (58) | (9) | (2) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (1,167) | (1,306) | 34 | (26) | (27) | (19) | ||
| Loss from continuing operations before income taxes: | (17,151) | (14,852) | (259) | (84) | (37) | (21) | ||
| Income tax expense (benefit) | 0 | (32) | 6 | 3 | ||||
| Loss from continuing operations: | (17,151) | (14,852) | (259) | (115) | (31) | (18) | ||
| Loss before gain (loss) on sale of properties: | (17,151) | (15,346) | (259) | (115) | (31) | (18) | ||
| Loss from discontinued operations | (494) | |||||||
| Net loss: | (17,151) | (15,346) | (259) | (115) | (31) | (18) | ||
| Other undisclosed net income (loss) attributable to parent | (0) | 63 | (12) | |||||
| Net loss available to common stockholders, diluted: | (17,151) | (15,346) | (259) | (52) | (43) | (18) | ||
Comprehensive Income ($ in thousands)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (17,151) | (15,346) | (259) | (115) | (31) | (18) | ||
| Comprehensive loss, net of tax, attributable to parent: | (17,151) | (15,346) | (259) | (115) | (31) | (18) | ||
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.