Copsync Inc (COYN) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
P.O. BOX 802108 DALLAS, TX 75380-2108 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3576 - Computer Communications Equipment (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | 12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 2,221 | 5,112 | 8,295 | 246 | 143 | 231 | |||
| Cash and cash equivalent | 2,221 | 5,112 | 8,295 | 246 | 143 | 231 | |||
| Receivables | 387 | 404 | 426 | 407 | 247 | 214 | |||
| Inventory, net of allowances, customer advances and progress billings | 582 | 450 | 465 | 451 | 306 | 326 | |||
| Inventory | 582 | 450 | 465 | 451 | 306 | 326 | |||
| Prepaid expense | 264 | 111 | 104 | 77 | 98 | 127 | |||
| Deferred costs | 32 | 32 | 32 | 164 | 164 | 99 | |||
| Other current assets | 185 | 86 | 55 | 7 | 11 | 7 | |||
| Other undisclosed current assets | 206 | 326 | 374 | (23) | (22) | 25 | |||
| Total current assets: | 3,876 | 6,520 | 9,750 | 1,329 | 947 | 1,029 | |||
| Noncurrent Assets | |||||||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 383 | 201 | 124 | 129 | 138 | 152 | |||
| Long-term investments and receivables | 50 | 50 | |||||||
| Long-term investments | 50 | 50 | |||||||
| Other undisclosed noncurrent assets | 225 | ||||||||
| Total noncurrent assets: | 658 | 251 | 124 | 129 | 138 | 152 | |||
| TOTAL ASSETS: | 4,534 | 6,771 | 9,874 | 1,459 | 1,085 | 1,181 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Debt | 436 | 169 | (165) | 733 | 1,189 | 792 | |||
| Deferred revenue and credits | 1,855 | 1,894 | 2,028 | 2,340 | 2,316 | 2,567 | |||
| Other undisclosed current liabilities | 1,443 | 1,328 | 2,827 | 2,387 | 2,769 | 1,870 | |||
| Total current liabilities: | 3,735 | 3,391 | 4,690 | 5,460 | 6,274 | 5,229 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 140 | 313 | 298 | 507 | 289 | 374 | |||
| Long-term debt, excluding current maturities | 296 | 279 | 485 | 266 | 349 | ||||
| Capital lease obligations | 140 | 17 | 19 | 21 | 23 | 25 | |||
| Liabilities, other than long-term debt | 1,242 | 1,126 | 1,092 | 727 | 887 | 994 | |||
| Deferred revenue and credits | 1,242 | 1,126 | 1,092 | 727 | 887 | 994 | |||
| Other undisclosed noncurrent liabilities | 108 | 30 | 37 | 1,010 | 179 | 195 | |||
| Total noncurrent liabilities: | 1,490 | 1,469 | 1,427 | 2,244 | 1,355 | 1,563 | |||
| Total liabilities: | 5,225 | 4,861 | 6,117 | 7,704 | 7,629 | 6,792 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (691) | 1,910 | 3,757 | (6,245) | (6,544) | (5,611) | |||
| Preferred stock | 0 | 0 | |||||||
| Common stock | 1 | 1 | 1 | 0 | 20 | 20 | |||
| Additional paid in capital | 34,405 | 33,880 | 33,043 | 19,636 | 18,390 | 18,195 | |||
| Accumulated deficit | (35,301) | (32,217) | (29,987) | (26,477) | (24,958) | (23,842) | |||
| Other undisclosed equity, attributable to parent | 205 | 247 | 700 | 596 | 3 | 16 | |||
| Total equity: | (691) | 1,910 | 3,757 | (6,245) | (6,544) | (5,611) | |||
| TOTAL LIABILITIES AND EQUITY: | 4,534 | 6,771 | 9,874 | 1,459 | 1,085 | 1,181 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | 12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 1,291 | 1,282 | 2,452 | 1,264 | 1,247 | 1,171 | ||
| Cost of revenue (Cost of Product and Service Sold) | (1,119) | (943) | (1,675) | (725) | (688) | (757) | ||
| Gross profit: | 171 | 339 | 777 | 538 | 558 | 414 | ||
| Operating expenses | (3,219) | (2,558) | (2,078) | (1,456) | (1,500) | (1,265) | ||
| Operating loss: | (3,048) | (2,219) | (1,301) | (918) | (941) | (851) | ||
| Nonoperating expense | (11) | (1,558) | (591) | (170) | (69) | |||
| Debt instrument, convertible, beneficial conversion feature | 341 | |||||||
| Interest and debt expense | (36) | (12) | 620 | 17 | (170) | (69) | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 12 | (620) | (17) | 170 | 69 | |||
| Loss from continuing operations: | (3,084) | (2,230) | (2,859) | (1,509) | (1,111) | (920) | ||
| Loss before gain (loss) on sale of properties: | (3,084) | (2,230) | (2,859) | (1,509) | (1,111) | (920) | ||
| Net loss attributable to parent: | (3,084) | (2,230) | (2,859) | (1,509) | (1,111) | (920) | ||
| Preferred stock dividends and other adjustments | (13) | (8) | (3) | (15) | ||||
| Other undisclosed net loss available to common stockholders, basic | (18) | (24) | (11) | |||||
| Net loss available to common stockholders, diluted: | (3,084) | (2,230) | (2,872) | (1,536) | (1,138) | (946) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | 12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (3,084) | (2,230) | (2,859) | (1,509) | (1,111) | (920) | ||
| Comprehensive loss, net of tax, attributable to parent: | (3,084) | (2,230) | (2,859) | (1,509) | (1,111) | (920) | ||
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.