Cig Wireless Corp (CIGW) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
11120 SOUTH CROWN WAY WELLINGTON, FL 33414 |
| State of Incorp. | NY |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4899 - Communications Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 586 | 1,225 | 1,996 | 2,529 | 939 | 1,639 | |||
| Cash and cash equivalent | 586 | 1,225 | 1,996 | 2,529 | 939 | 1,639 | |||
| Receivables | 320 | 314 | 241 | 111 | 56 | 13 | |||
| Prepaid expense | 492 | 521 | 488 | 421 | 390 | 392 | |||
| Other undisclosed current assets | 194 | 197 | 28 | 64 | |||||
| Total current assets: | 1,398 | 2,060 | 2,918 | 3,258 | 1,413 | 2,107 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 60,888 | 61,079 | 59,505 | 57,289 | 53,052 | 24,203 | |||
| Intangible assets, net (including goodwill) | 15,626 | 15,862 | 15,403 | 14,598 | 12,593 | ✕ | |||
| Goodwill | 554 | 554 | 554 | 554 | 554 | ||||
| Intangible assets, net (excluding goodwill) | 15,072 | 15,308 | 14,849 | 14,044 | 12,039 | ||||
| Prepaid expense | 1,014 | 570 | 347 | 349 | |||||
| Regulated entity, other noncurrent assets | 300 | 300 | 300 | 400 | 400 | 300 | |||
| Deferred rent receivables, net | 408 | 369 | 337 | 314 | |||||
| Other noncurrent assets | 2,110 | 1,981 | |||||||
| Other undisclosed noncurrent assets | 788 | 782 | 706 | 751 | 882 | 312 | |||
| Total noncurrent assets: | 79,713 | 80,005 | 77,337 | 73,977 | 67,612 | 25,479 | |||
| TOTAL ASSETS: | 81,111 | 82,065 | 80,255 | 77,235 | 69,025 | 27,586 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 1,702 | 1,842 | 1,328 | 1,848 | 1,105 | 1,593 | |||
| Other undisclosed accounts payable and accrued liabilities | 1,702 | 1,842 | 1,328 | 1,848 | 1,105 | 1,593 | |||
| Debt | 633 | ||||||||
| Derivative instruments and hedges, liabilities | 3,739 | 6,302 | 22,844 | 5,298 | 4,490 | ||||
| Deferred revenue and credits | 962 | 912 | 720 | 685 | 633 | 376 | |||
| Due to related parties | 13 | ||||||||
| Other undisclosed current liabilities | (633) | 41 | 193 | 412 | 614 | ||||
| Total current liabilities: | 6,403 | 9,069 | 24,932 | 8,025 | 6,640 | 2,583 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 32,659 | 31,098 | 27,564 | 24,516 | 19,090 | 9,305 | |||
| Long-term debt, excluding current maturities | 32,659 | 31,098 | 27,564 | 24,516 | 19,090 | 9,305 | |||
| Liabilities, other than long-term debt | 3,419 | 3,371 | 2,868 | 2,566 | 2,705 | 1,857 | |||
| Deferred revenue and credits | 967 | 1,044 | 1,404 | 1,169 | 982 | 943 | |||
| Asset retirement obligations | 1,463 | 1,397 | 1,722 | 914 | |||||
| Due to related parties | |||||||||
| Other liabilities | 2,452 | 2,327 | |||||||
| Other undisclosed noncurrent liabilities | 622 | 633 | 644 | 655 | 666 | 677 | |||
| Total noncurrent liabilities: | 36,701 | 35,102 | 31,075 | 27,737 | 22,461 | 11,839 | |||
| Total liabilities: | 43,104 | 44,171 | 56,007 | 35,762 | 29,101 | 14,422 | |||
| Temporary equity, including noncontrolling interest | 49,564 | 45,553 | 42,688 | ||||||
| Equity | |||||||||
| Equity, attributable to parent, including: | (20,163) | (16,847) | (28,312) | (6,540) | (2,219) | 3,068 | |||
| Preferred stock | 0 | 0 | |||||||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Additional paid in capital | 15,017 | 14,266 | 13,527 | 13,272 | 13,272 | 13,893 | |||
| Accumulated deficit | (35,180) | (31,113) | (41,839) | (19,812) | (15,491) | (10,825) | |||
| Other undisclosed equity, attributable to parent | 0 | 0 | 0 | 0 | |||||
| Equity, attributable to noncontrolling interest | 8,606 | 9,189 | 9,872 | 10,458 | 11,364 | 10,096 | |||
| Total equity: | (11,556) | (7,659) | (18,440) | 3,919 | 9,145 | 13,164 | |||
| Other undisclosed liabilities and equity | 37,555 | 30,778 | |||||||
| TOTAL LIABILITIES AND EQUITY: | 81,111 | 82,065 | 80,255 | 77,235 | 69,025 | 27,586 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,807 | 1,669 | 1,580 | 1,465 | 966 | 541 | ||
| Revenue, net | 1,760 | 1,659 | 2 | 2 | ||||
| Cost of revenue (Cost of Product and Service Sold) | (694) | (750) | ||||||
| Gross profit: | 1,113 | 920 | 1,580 | 1,465 | 966 | 541 | ||
| Operating expenses | (3,901) | (4,205) | (3,627) | (3,998) | (3,101) | (2,014) | ||
| Other undisclosed operating income (loss) | 694 | 750 | ||||||
| Operating loss: | (2,094) | (2,535) | (2,047) | (2,533) | (2,135) | (1,473) | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 626 | 15,963 | (16,279) | (436) | (2,984) | (289) | ||
| Interest and debt expense | (810) | (764) | (659) | (580) | (351) | (298) | ||
| Income (loss) from continuing operations: | (2,279) | 12,664 | (18,985) | (3,549) | (5,470) | (2,059) | ||
| Income (loss) before gain (loss) on sale of properties: | (2,279) | 12,664 | (18,985) | (3,549) | (5,470) | (2,059) | ||
| Other undisclosed net income | 810 | 764 | 659 | 580 | 351 | 298 | ||
| Net income (loss): | (1,469) | 13,427 | (18,326) | (2,970) | (5,119) | (1,761) | ||
| Net income attributable to noncontrolling interest | 582 | 683 | 587 | 906 | 1,419 | 338 | ||
| Net income (loss) attributable to parent: | (886) | 14,110 | (17,740) | (2,064) | (3,699) | (1,423) | ||
| Other undisclosed net loss available to common stockholders, basic | (3,257) | (3,313) | (4,209) | (2,333) | (1,043) | (56) | ||
| Net income (loss) available to common stockholders, diluted: | (4,143) | 10,798 | (21,948) | (4,397) | (4,743) | (1,479) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (1,469) | 13,427 | (18,326) | (2,970) | (5,119) | (1,761) | ||
| Comprehensive income (loss): | (1,469) | 13,427 | (18,326) | (2,970) | (5,119) | (1,761) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 582 | 683 | (587) | (906) | (1,419) | (338) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (886) | 14,110 | (18,913) | (3,875) | (6,538) | (2,100) | ||
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.