Cuentas Inc. (CUENW) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
235 LINCOLN ROAD MIAMI BEACH, FL 33139 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 514 - Groceries And Related Products (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 205 | 466 | 6,607 | 230 | 17 | 233 | |||
| Cash and cash equivalents | 205 | 466 | 6,607 | 227 | 16 | 154 | |||
| Short-term investments | 3 | 1 | 79 | ||||||
| Receivables | 1,300 | 209 | 11 | 54 | 54 | 3,673 | |||
| Other current assets | 76 | 14 | 162 | 12 | 94 | 127 | |||
| Other undisclosed current assets | 179 | ||||||||
| Total current assets: | 1,760 | 689 | 6,780 | 296 | 165 | 4,033 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 13 | 6 | 2 | 4 | 5 | 13 | |||
| Long-term investments and receivables | 2,928 | 776 | 38 | ||||||
| Long-term investments | 2,928 | 776 | 38 | ||||||
| Intangible assets, net (including goodwill) | 19 | 28 | 5,438 | 7,200 | 9,000 | 1,924 | |||
| Intangible assets, net (excluding goodwill) | 19 | 28 | 5,438 | 7,200 | 9,000 | 1,924 | |||
| Total noncurrent assets: | 2,960 | 810 | 5,478 | 7,204 | 9,005 | 1,937 | |||
| TOTAL ASSETS: | 4,720 | 1,499 | 12,258 | 7,500 | 9,170 | 5,970 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 3,727 | 1,231 | 810 | 2,354 | 1,525 | 3,184 | |||
| Accounts payable | 1,497 | 1,231 | 810 | 2,354 | 1,525 | 3,184 | |||
| Accrued liabilities | 2,230 | ||||||||
| Deferred revenue | 151 | 113 | 683 | 652 | 537 | ✕ | |||
| Debt | 26 | 109 | 97 | 93 | 109 | 110 | |||
| Deferred compensation liability | 3 | 102 | 742 | 225 | |||||
| Derivative instruments and hedges, liabilities | 785 | 3 | |||||||
| Other liabilities | 681 | 1,126 | 2,195 | 741 | 2,560 | ||||
| Due to related parties | ✕ | ✕ | 365 | 10 | 4,919 | ||||
| Other undisclosed current liabilities | 719 | 250 | 583 | ||||||
| Total current liabilities: | 4,689 | 2,134 | 2,719 | 6,480 | 3,917 | 11,581 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 101 | 89 | 89 | ||||||
| Long-term debt, excluding current maturities | 101 | 89 | 89 | ||||||
| Liabilities, other than long-term debt | 839 | ||||||||
| Due to related parties | ✕ | ✕ | 806 | ||||||
| Derivative instruments and hedges, liabilities | 33 | ||||||||
| Other undisclosed noncurrent liabilities | 89 | ||||||||
| Total noncurrent liabilities: | 101 | 89 | 89 | 89 | 839 | ||||
| Total liabilities: | 4,790 | 2,223 | 2,808 | 6,569 | 3,917 | 12,420 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (70) | (724) | 9,450 | 931 | 5,871 | (5,798) | |||
| Common stock | 3 | 19 | 15 | 11 | 5 | 2 | |||
| Treasury stock, value | (33) | (29) | |||||||
| Common stock, value, subscriptions | 100 | ||||||||
| Additional paid in capital | 54,906 | 52,036 | 47,654 | 28,411 | 25,246 | 12,160 | |||
| Accumulated deficit | (54,946) | (52,750) | (38,219) | (27,491) | (19,390) | (18,070) | |||
| Other undisclosed equity, attributable to parent | 10 | 10 | |||||||
| Equity, attributable to noncontrolling interest | (618) | (652) | |||||||
| Total equity: | (70) | (724) | 9,450 | 931 | 5,253 | (6,450) | |||
| TOTAL LIABILITIES AND EQUITY: | 4,720 | 1,499 | 12,258 | 7,500 | 9,170 | 5,970 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,346 | 2,994 | 593 | 558 | 967 | 74,650 | ||
| Revenue from related parties | ✕ | ✕ | 49,667 | |||||
| Cost of revenue | (2,733) | (2,508) | (469) | (697) | (808) | (74,177) | ||
| Cost of goods and services sold | (545) | (2,508) | (469) | (697) | (808) | |||
| Gross profit: | (387) | 486 | 124 | (139) | 159 | 473 | ||
| Operating expenses | (6,022) | (14,841) | (10,789) | (7,640) | (2,305) | (5,686) | ||
| Operating loss: | (6,409) | (14,355) | (10,665) | (7,779) | (2,146) | (5,213) | ||
| Nonoperating income (expense) | 4,300 | (132) | (61) | 296 | 860 | 1,628 | ||
| Other nonoperating income (expense) | (441) | (132) | 1 | 98 | 2,482 | 1,628 | ||
| Interest and debt expense | 70 | (172) | (108) | (1,092) | (10) | |||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (70) | |||||||
| Loss from continuing operations before equity method investments, income taxes: | (2,109) | (14,487) | (10,898) | (7,591) | (2,378) | (3,595) | ||
| Loss from equity method investments | (87) | (52) | (2) | |||||
| Other undisclosed income from continuing operations before income taxes | 14,553 | 21,628 | 10 | |||||
| Income (loss) from continuing operations before income taxes: | (2,196) | 14 | 10,728 | (7,591) | (2,378) | (3,585) | ||
| Other undisclosed loss from continuing operations | (21,454) | |||||||
| Income (loss) from continuing operations: | (2,196) | 14 | (10,726) | (7,591) | (2,378) | (3,585) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (10,726) | (7,591) | (2,378) | (3,585) | |
| Other undisclosed net income (loss) | (14,493) | (2) | 108 | 1,092 | ||||
| Net loss: | (2,196) | (14,479) | (10,728) | (7,483) | (1,286) | (3,585) | ||
| Net income (loss) attributable to noncontrolling interest | (52) | (618) | (34) | 23 | ||||
| Net loss available to common stockholders, diluted: | (2,196) | (14,531) | (10,728) | (8,101) | (1,320) | (3,562) | ||
Comprehensive Income ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (2,196) | (14,479) | (10,728) | (7,483) | (1,286) | (3,585) | ||
| Other undisclosed comprehensive income | 14,355 | 300 | ||||||
| Comprehensive loss: | (2,196) | (124) | (10,728) | (7,483) | (1,286) | (3,285) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (52) | (618) | (34) | 23 | ||||
| Comprehensive loss, net of tax, attributable to parent: | (2,196) | (176) | (10,728) | (8,101) | (1,320) | (3,262) | ||
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.