CareCloud, Inc. (CCLDO) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
7 CLYDE ROAD SOMERSET, NJ 08873 |
| State of Incorp. | DE |
| 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)
| 6/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 5,145 | 3,331 | 12,299 | 9,340 | 20,925 | 19,994 | |||
| Cash and cash equivalent | 5,145 | 3,331 | 12,299 | 9,340 | 20,925 | 19,994 | |||
| Restricted cash and investments | 1,000 | ||||||||
| Receivables | 12,790 | 11,904 | 14,773 | 17,019 | 12,102 | 7,009 | |||
| Inventory, net of allowances, customer advances and progress billings | 574 | 465 | 381 | 503 | 399 | 491 | |||
| Inventory | 574 | 465 | 381 | 503 | 399 | 491 | |||
| Prepaid expense | |||||||||
| Contract with customer, asset, after allowance for credit loss | 4,334 | 5,094 | 4,399 | 4,725 | 4,105 | 2,385 | |||
| Other undisclosed current assets | 1,957 | 2,449 | 2,801 | 2,972 | 7,288 | 1,123 | |||
| Total current assets: | 24,800 | 23,243 | 34,653 | 35,559 | 44,819 | 31,002 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 3,133 | 4,365 | 4,921 | 6,940 | 7,743 | 3,526 | |||
| Property, plant and equipment | 5,290 | 5,317 | 5,056 | 5,404 | 4,921 | 2,908 | |||
| Intangible assets, net (including goodwill) | 37,884 | 44,260 | 90,706 | 91,964 | 79,269 | 18,611 | |||
| Goodwill | 19,186 | 19,186 | 61,186 | 61,186 | 49,291 | 12,634 | |||
| Intangible assets, net (excluding goodwill) | 18,698 | 25,074 | 29,520 | 30,778 | 29,978 | 5,977 | |||
| Other noncurrent assets | 507 | 641 | 838 | 981 | 1,247 | 357 | |||
| Total noncurrent assets: | 46,814 | 54,583 | 101,521 | 105,289 | 93,180 | 25,401 | |||
| TOTAL ASSETS: | 71,614 | 77,826 | 136,174 | 140,848 | 137,999 | 56,403 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 9,516 | 10,863 | 10,113 | 19,146 | 21,793 | 9,184 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | ✕ | 3,856 | 4,241 | 1,746 | ||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | 4,251 | 2,590 | 1,836 | ||
| Accounts payable | 4,565 | 5,798 | 5,681 | 5,948 | 6,461 | 3,491 | |||
| Accrued liabilities | 4,951 | 5,065 | 4,432 | 5,091 | 8,501 | 2,112 | |||
| Deferred revenue | 1,212 | 1,380 | 1,386 | 1,085 | 1,173 | 20 | |||
| Debt | 310 | 292 | 319 | 344 | 401 | 1,972 | |||
| Business combination, contingent consideration, liability | 1,000 | ||||||||
| Other undisclosed current liabilities | 8,542 | 10,765 | 10,580 | 7,987 | 5,657 | 1 | |||
| Total current liabilities: | 19,580 | 23,300 | 22,398 | 29,562 | 29,024 | 11,178 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 26 | 10,037 | 8,013 | 8,364 | 442 | 367 | |||
| Long-term debt, excluding current maturities | 26 | 10,037 | 8,013 | 8,020 | 41 | 83 | |||
| Other undisclosed long-term debt and lease obligation | (4,201) | (5,896) | (1,757) | ||||||
| Liabilities, other than long-term debt | 2,234 | 2,772 | 4,074 | 790 | 465 | 263 | |||
| Deferred revenue | 387 | 256 | 342 | 341 | 305 | 19 | |||
| Deferred income tax liabilities | 525 | 449 | 160 | 245 | |||||
| Operating lease, liability | 1,847 | 2,516 | 3,207 | 4,545 | 6,297 | 2,041 | |||
| Business combination, contingent consideration, liability | |||||||||
| Other undisclosed noncurrent liabilities | 4,201 | 6,823 | 1,757 | ||||||
| Total noncurrent liabilities: | 2,260 | 12,809 | 12,087 | 13,355 | 7,730 | 2,387 | |||
| Total liabilities: | 21,840 | 36,109 | 34,485 | 42,917 | 36,754 | 13,565 | |||
| Equity | |||||||||
| Equity, attributable to parent | 49,774 | 41,717 | 101,689 | 97,931 | 101,245 | 42,838 | |||
| Preferred stock | 6 | 6 | 6 | 5 | 5 | 3 | |||
| Common stock | 17 | 17 | 16 | 16 | 14 | 13 | |||
| Treasury stock, value | (662) | (662) | (662) | (662) | (662) | (662) | |||
| Additional paid in capital | 121,046 | 120,706 | 130,987 | 131,379 | 136,781 | 69,403 | |||
| Accumulated other comprehensive loss | (4,003) | (3,869) | (3,037) | (1,754) | (1,004) | (843) | |||
| Accumulated deficit | (66,630) | (74,481) | (25,621) | (31,053) | (33,889) | (25,076) | |||
| Total equity: | 49,774 | 41,717 | 101,689 | 97,931 | 101,245 | 42,838 | |||
| TOTAL LIABILITIES AND EQUITY: | 71,614 | 77,826 | 136,174 | 140,848 | 137,999 | 56,403 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 110,837 | 117,059 | 138,826 | 139,599 | 105,122 | 64,439 | ||
| Cost of revenue (Cost of Product and Service Sold) | (86,918) | (64,821) | (41,186) | |||||
| Gross profit: | 110,837 | 117,059 | 138,826 | 52,681 | 40,301 | 23,253 | ||
| Operating expenses | (101,716) | (164,174) | (132,216) | (136,070) | (113,393) | (64,371) | ||
| Other undisclosed operating income | 86,918 | 64,821 | 41,186 | |||||
| Operating income (loss): | 9,121 | (47,115) | 6,610 | 3,529 | (8,271) | 67 | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | (298) | (883) | (637) | (96) | 7 | (626) | ||
| Interest and debt expense | (1,194) | (405) | (455) | (488) | (383) | |||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 42 | 262 | ||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 8,823 | (49,192) | 5,568 | 2,978 | (8,710) | (679) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (812) | 154 | 41 | 15 | ||||
| Income (loss) from continuing operations before income taxes: | 8,011 | (49,038) | 5,609 | 2,993 | (8,710) | (679) | ||
| Income tax expense (benefit) | (160) | 364 | (177) | (157) | (103) | (193) | ||
| Income (loss) from continuing operations: | 7,851 | (48,674) | 5,432 | 2,836 | (8,813) | (872) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 2,836 | (8,813) | (872) | |
| Net income (loss) attributable to parent: | 7,851 | (48,674) | 5,432 | 2,836 | (8,813) | (872) | ||
| Preferred stock dividends and other adjustments | (12,310) | (15,674) | (15,517) | |||||
| Other undisclosed net loss available to common stockholders, basic | (14,052) | (13,877) | (6,386) | |||||
| Net income (loss) available to common stockholders, diluted: | (4,459) | (64,348) | (10,085) | (11,216) | (22,690) | (7,258) | ||
Comprehensive Income ($ in thousands)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 7,851 | (48,674) | 5,432 | 2,836 | (8,813) | (872) | ||
| Comprehensive income (loss): | 7,851 | (48,674) | 5,432 | 2,836 | (8,813) | (872) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (134) | (832) | (1,283) | (750) | (161) | 578 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 7,717 | (49,506) | 4,149 | 2,086 | (8,974) | (294) | ||
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.