Cicero Inc (CICN) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
8000 REGENCY PARKWAY CARY, NC 27518 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7371 - Computer Programming Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2020 MRQ | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 17 | 97 | 56 | 91 | 1,009 | 20 | |||
| Cash and cash equivalent | 17 | 97 | 56 | 91 | 1,009 | 20 | |||
| Receivables | 63 | 11 | 223 | 278 | 256 | 1,035 | |||
| Other undisclosed current assets | 211 | 142 | 53 | 34 | 235 | 237 | |||
| Total current assets: | 291 | 250 | 332 | 403 | 1,500 | 1,292 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 69 | 6 | 7 | 9 | 11 | 14 | |||
| Intangible assets, net (including goodwill) | 1,658 | 1,658 | |||||||
| Goodwill | 1,658 | 1,658 | |||||||
| Total noncurrent assets: | 69 | 6 | 7 | 9 | 1,669 | 1,672 | |||
| TOTAL ASSETS: | 360 | 256 | 339 | 412 | 3,169 | 2,964 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,185 | 1,438 | 1,765 | 3,196 | 3,357 | 3,686 | |||
| Interest and dividends payable | 263 | 456 | 663 | 2,164 | 2,021 | ||||
| Accounts payable | 922 | 982 | 1,102 | 1,032 | 1,336 | 2,012 | |||
| Accrued liabilities | 1,674 | ||||||||
| Debt | 1,220 | 1,086 | (2,098) | (8,492) | |||||
| Other liabilities | 80 | 36 | 589 | 589 | 653 | 573 | |||
| Due to related parties | 1,170 | 2,879 | 1,845 | 6,706 | |||||
| Other undisclosed current liabilities | 3,415 | 2,234 | 517 | 3,795 | 4,557 | 13,077 | |||
| Total current liabilities: | 4,680 | 3,708 | 5,261 | 11,545 | 8,314 | 15,550 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 63 | ||||||||
| Operating lease, liability | 63 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | 401 | 3,976 | 890 | 2,132 | |||||
| Total noncurrent liabilities: | 464 | 3,976 | 890 | 2,132 | |||||
| Total liabilities: | 5,144 | 7,684 | 6,151 | 11,545 | 10,446 | 15,550 | |||
| Equity | |||||||||
| Equity, attributable to parent | (4,784) | (7,428) | (5,812) | (11,133) | (7,277) | (12,586) | |||
| Common stock | 208 | 208 | 208 | 192 | 192 | 86 | |||
| Additional paid in capital | 257,946 | 253,693 | 253,691 | 246,272 | 246,220 | 237,206 | |||
| Accumulated deficit | (262,938) | (261,329) | (259,711) | (257,597) | (253,689) | (249,878) | |||
| Total equity: | (4,784) | (7,428) | (5,812) | (11,133) | (7,277) | (12,586) | |||
| TOTAL LIABILITIES AND EQUITY: | 360 | 256 | 339 | 412 | 3,169 | 2,964 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2020 TTM | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,536 | 845 | 1,318 | 1,251 | 1,943 | 1,903 | ||
| Revenue, net | ✕ | ✕ | ✕ | 1,318 | 1,251 | 1,943 | 1,903 | |
| Cost of revenue (Cost of Product and Service Sold) | (597) | (566) | (564) | (582) | (687) | (763) | ||
| Gross profit: | 939 | 279 | 754 | 669 | 1,256 | 1,140 | ||
| Operating expenses | (2,288) | (2,142) | (2,500) | (4,214) | (3,676) | (4,479) | ||
| Operating loss: | (1,349) | (1,863) | (1,746) | (3,545) | (2,420) | (3,339) | ||
| Nonoperating expense | (260) | (202) | (368) | (363) | (423) | (588) | ||
| Other nonoperating income (expense) | 128 | 87 | (1) | 184 | ||||
| Interest and debt expense | (260) | (330) | (368) | (450) | (422) | (772) | ||
| Loss from continuing operations: | (1,869) | (2,395) | (2,482) | (4,358) | (3,265) | (4,699) | ||
| Loss before gain (loss) on sale of properties: | (1,869) | (2,395) | (2,482) | (4,358) | (3,265) | (4,699) | ||
| Net loss: | (1,869) | (2,395) | (2,482) | (4,358) | (3,265) | (4,699) | ||
| Other undisclosed net income attributable to parent | 260 | 330 | 368 | 450 | 422 | 772 | ||
| Net loss attributable to parent: | (1,609) | (2,065) | (2,114) | (3,908) | (2,843) | (3,927) | ||
| Other undisclosed net loss available to common stockholders, basic | (968) | (127) | ||||||
| Net loss available to common stockholders, diluted: | (1,609) | (2,065) | (2,114) | (3,908) | (3,811) | (4,054) | ||
Comprehensive Income ($ in thousands)
| 6/30/2020 TTM | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (1,869) | (2,395) | (2,482) | (4,358) | (3,265) | (4,699) | ||
| Comprehensive loss, net of tax, attributable to parent: | (1,869) | (2,395) | (2,482) | (4,358) | (3,265) | (4,699) | ||
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.