CareView Communications Inc (CRVW) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
405 STATE HIGHWAY 121 LEWISVILLE, TX 75067 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3663 - Radio and Television Broadcasting and Communications Equipment (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 | 759 | 1,146 | 520 | 659 | 358 | 270 | |||
| Cash and cash equivalent | 759 | 1,146 | 520 | 659 | 358 | 270 | |||
| Receivables | 1,001 | 1,168 | 948 | 933 | 1,146 | 1,666 | |||
| Inventory, net of allowances, customer advances and progress billings | 418 | 294 | 301 | 349 | 408 | ||||
| Inventory | 418 | 294 | 301 | 349 | 408 | ||||
| Other current assets | 484 | 335 | 71 | 236 | 244 | 220 | |||
| Total current assets: | 2,662 | 2,943 | 1,841 | 2,177 | 2,157 | 2,157 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 127 | ||||||||
| Property, plant and equipment | 176 | 318 | 643 | 1,139 | 1,592 | 1,978 | |||
| Intangible assets, net (including goodwill) | 397 | ||||||||
| Intangible assets, net (excluding goodwill) | 397 | ||||||||
| Other noncurrent assets | 259 | 1,001 | 1,464 | 1,765 | 1,754 | 1,157 | |||
| Other undisclosed noncurrent assets | (0) | ||||||||
| Total noncurrent assets: | 959 | 1,319 | 2,107 | 2,904 | 3,346 | 3,135 | |||
| TOTAL ASSETS: | 3,622 | 4,262 | 3,948 | 5,081 | 5,504 | 5,292 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 20,158 | 17,077 | 651 | 414 | 442 | 440 | |||
| Accounts payable | 470 | 598 | 651 | 414 | 442 | 440 | |||
| Accrued liabilities | 19,688 | 16,479 | |||||||
| Deferred revenue | 2,414 | 1,752 | |||||||
| Debt | 20,700 | 50,700 | 20,014 | 20,164 | 20,655 | ||||
| Other liabilities | 387 | 489 | 14,553 | 11,740 | 7,858 | 4,506 | |||
| Due to related parties | ✕ | ✕ | ✕ | 57,002 | 45,583 | ||||
| Other undisclosed current liabilities | 20,843 | 188 | 176 | 162 | 150 | ||||
| Total current liabilities: | 43,801 | 40,207 | 66,080 | 89,333 | 74,198 | 25,601 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 14,200 | 4,107 | 13,850 | 71,435 | |||||
| Long-term debt, excluding current maturities | 14,200 | 3,662 | 13,289 | 71,435 | |||||
| Liabilities, other than long-term debt | 255 | 318 | 329 | 24,340 | 20,717 | ||||
| Deferred revenue | |||||||||
| Due to related parties | ✕ | ✕ | ✕ | 24,302 | 20,717 | ||||
| Other liabilities | 255 | 179 | 23 | 38 | |||||
| Operating lease, liability | 139 | 305 | 445 | 561 | |||||
| Total noncurrent liabilities: | 255 | 318 | 14,529 | 28,446 | 34,567 | 71,435 | |||
| Total liabilities: | 44,056 | 40,525 | 80,608 | 117,779 | 108,765 | 97,035 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (40,434) | (36,263) | (76,661) | (112,698) | (103,261) | (91,743) | |||
| Common stock | 584 | 584 | 142 | 139 | 139 | 139 | |||
| Additional paid in capital | 171,568 | 171,038 | 127,130 | 85,052 | 84,409 | 84,244 | |||
| Accumulated deficit | (212,586) | (207,885) | (203,933) | (197,890) | (187,810) | (176,127) | |||
| Other undisclosed equity, attributable to parent | 0 | ||||||||
| Other undisclosed equity | (0) | ||||||||
| Total equity: | (40,434) | (36,263) | (76,661) | (112,698) | (103,261) | (91,743) | |||
| Other undisclosed liabilities and equity | 0 | ||||||||
| TOTAL LIABILITIES AND EQUITY: | 3,622 | 4,262 | 3,948 | 5,081 | 5,504 | 5,292 | |||
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 | 8,251 | 9,685 | 7,901 | 7,802 | 6,462 | 6,294 | ||
| Cost of revenue (Cost of Product and Service Sold) | (28) | (30) | ||||||
| Gross profit: | 8,251 | 9,685 | 7,901 | 7,802 | 6,434 | 6,264 | ||
| Operating expenses | (9,828) | (10,373) | (9,172) | (8,949) | (8,340) | (9,594) | ||
| Other undisclosed operating income | 28 | 30 | ||||||
| Operating loss: | (1,577) | (688) | (1,270) | (1,147) | (1,878) | (3,300) | ||
| Nonoperating expense | (3,154) | (3,189) | (4,777) | (8,933) | (9,804) | (10,841) | ||
| Interest and debt expense | (3,209) | (3,209) | 1,489 | (8,950) | 787 | (10,851) | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (787) | 10,851 | ||||||
| Loss from continuing operations before equity method investments, income taxes: | (7,939) | (7,086) | (4,558) | (19,031) | (11,683) | (14,140) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 3,209 | 3,209 | (1,484) | 8,950 | ||||
| Loss from continuing operations before income taxes: | (4,731) | (3,878) | (6,043) | (10,080) | (11,683) | (14,140) | ||
| Income tax expense (benefit) | 29 | (75) | ||||||
| Other undisclosed income from continuing operations | ||||||||
| Loss from continuing operations: | (4,701) | (3,952) | (6,043) | (10,080) | (11,683) | (14,140) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (10,080) | (11,683) | (14,140) | |
| Net loss available to common stockholders, diluted: | (4,701) | (3,952) | (6,043) | (10,080) | (11,683) | (14,140) | ||
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 loss: | (4,701) | (3,952) | (6,043) | (10,080) | (11,683) | (14,140) | ||
| Comprehensive loss, net of tax, attributable to parent: | (4,701) | (3,952) | (6,043) | (10,080) | (11,683) | (14,140) | ||
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.