Cig Wireless Corp (CIGW) financial statements (2022 and earlier)

Company profile

Business Address 11120 SOUTH CROWN WAY
WELLINGTON, FL 33414
State of Incorp. NY
Fiscal Year End December 31
SIC 4899 - Communications Services, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,6922,529
Cash and cash equivalents2,6922,529
Receivables321111
Prepaid expense542421
Other undisclosed current assets 197
Total current assets:3,5553,258
Noncurrent Assets
Property, plant and equipment66,93457,289
Intangible assets, net (including goodwill)18,34814,598
Goodwill554554
Intangible assets, net (excluding goodwill)17,79414,044
Prepaid expense2,178570
Regulated entity, other noncurrent assets 400
Deferred rent receivables, net516369
Other undisclosed noncurrent assets1,309751
Total noncurrent assets:89,28673,977
TOTAL ASSETS:92,84177,235
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:2,4451,848
Other undisclosed accounts payable and accrued liabilities2,4451,848
Derivative instruments and hedges, liabilities1,1065,298
Deferred revenue and credits980685
Other undisclosed current liabilities 193
Total current liabilities:4,5318,025
Noncurrent Liabilities
Long-term debt and lease obligation40,43624,516
Long-term debt, excluding current maturities40,43624,516
Liabilities, other than long-term debt10,5692,566
Deferred revenue and credits1,8571,169
Asset retirement obligations1,7131,397
Due to related parties7,000 
Other undisclosed noncurrent liabilities 655
Total noncurrent liabilities:51,00527,737
Total liabilities:55,53635,762
Stockholders' equity
Stockholders' equity attributable to parent, including:(44,912)(6,540)
Preferred stock0 
Common stock10
Additional paid in capital23,22913,272
Accumulated deficit(68,142)(19,812)
Other undisclosed stockholders' equity attributable to parent 0
Stockholders' equity attributable to noncontrolling interest33810,458
Total stockholders' equity:(44,574)3,919
Other undisclosed liabilities and equity81,87837,555
TOTAL LIABILITIES AND EQUITY:92,84177,235

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

12/31/2014
12/31/2013
Revenues6,9183,509
Revenue, net6,8498
Cost of revenue
(Cost of Goods and Services Sold)
(1,885) 
Gross profit:5,0333,509
Operating expenses(16,756)(11,725)
Other undisclosed operating income1,885 
Operating loss:(9,838)(8,216)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
2,417(4,002)
Interest and debt expense(3,100)(1,532)
Loss before gain (loss) on sale of properties:(10,521)(13,750)
Other undisclosed net income3,1001,532
Net loss:(7,421)(12,219)
Net income attributable to noncontrolling interest2,8123,238
Net loss attributable to parent:(4,610)(8,981)
Other undisclosed net loss available to common stockholders, basic(43,568)(3,468)
Net loss available to common stockholders, diluted:(48,177)(12,448)

Comprehensive Income ($ in thousands)

12/31/2014
12/31/2013
Net loss:(7,421)(12,219)
Comprehensive loss:(7,421)(12,219)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest2,812(3,238)
Comprehensive loss, net of tax, attributable to parent:(4,610)(15,456)

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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