CYREN Ltd. (CYRN) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
10 HA-MENOFIM STREET HERZLIYA, 4672561 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 8,791 | 17,630 | 4,302 | 17,932 | 13,885 | 16,455 | |||
| Cash and cash equivalents | 8,791 | 17,630 | 4,302 | 17,932 | 13,885 | 16,455 | |||
| Receivables | 1,774 | 1,501 | 799 | 3,824 | 1,410 | 721 | |||
| Disposal group, including discontinued operation | 11,255 | ||||||||
| Other undisclosed current assets | 1,986 | 2,231 | 2,223 | 2,585 | 2,604 | 1,773 | |||
| Total current assets: | 23,806 | 21,362 | 7,324 | 24,341 | 17,899 | 18,949 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 5,531 | 8,784 | 9,280 | 9,431 | 9,852 | 10,275 | |||
| Property, plant and equipment | 1,377 | 1,761 | 2,183 | 2,728 | 3,248 | 3,360 | |||
| Intangible assets, net (including goodwill) | 8,849 | 23,698 | 24,678 | 26,442 | 27,558 | 28,013 | |||
| Goodwill | 6,518 | 20,128 | 20,374 | 20,689 | 21,022 | 20,860 | |||
| Intangible assets, net (excluding goodwill) | 2,331 | 3,570 | 4,304 | 5,753 | 6,536 | 7,153 | |||
| Deposits noncurrent assets | 643 | 819 | 809 | 780 | 870 | 861 | |||
| Other undisclosed noncurrent assets | 1,554 | 1,869 | 1,854 | 1,819 | 1,746 | 1,803 | |||
| Total noncurrent assets: | 17,954 | 36,931 | 38,804 | 41,200 | 43,274 | 44,312 | |||
| TOTAL ASSETS: | 41,760 | 58,293 | 46,128 | 65,541 | 61,173 | 63,261 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 5,616 | 6,682 | 6,444 | 6,384 | 6,197 | 6,103 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 176 | 31 | 174 | |||
| Employee-related liabilities | 3,631 | 4,627 | 4,414 | 3,943 | 3,898 | 3,811 | |||
| Accounts payable | 858 | 932 | 1,075 | 903 | 1,361 | 882 | |||
| Accrued liabilities | 1,127 | 1,123 | 955 | 1,362 | 907 | 1,236 | |||
| Deferred revenue | 5,644 | 8,109 | 4,644 | 7,429 | 6,791 | 4,106 | |||
| Debt | 10,000 | 10,000 | 10,000 | ||||||
| Disposal group, including discontinued operation | 5,225 | ||||||||
| Other undisclosed current liabilities | 1,092 | 1,530 | 1,618 | 1,462 | 1,751 | 1,689 | |||
| Total current liabilities: | 17,577 | 16,321 | 12,706 | 25,275 | 24,739 | 21,898 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 4,644 | 8,111 | 8,624 | 8,574 | 8,894 | 9,107 | |||
| Liabilities, other than long-term debt | 4,101 | 5,326 | 1,409 | 1,460 | 1,523 | 1,617 | |||
| Deferred revenue | 3,084 | 4,466 | 485 | 538 | 524 | 583 | |||
| Deferred income tax liabilities | 156 | 353 | 407 | 425 | 472 | 513 | |||
| Disposal group, including discontinued operation, liabilities | 385 | ||||||||
| Other liabilities | 476 | 507 | 517 | 497 | 527 | 521 | |||
| Operating lease, liability | 4,644 | 8,111 | 8,624 | 8,574 | 8,894 | 9,107 | |||
| Other undisclosed noncurrent liabilities | 9,230 | 9,610 | 9,561 | 9,465 | 9,399 | 9,295 | |||
| Total noncurrent liabilities: | 17,975 | 23,047 | 19,594 | 19,499 | 19,816 | 20,019 | |||
| Total liabilities: | 35,552 | 39,368 | 32,300 | 44,774 | 44,555 | 41,917 | |||
| Equity | |||||||||
| Equity, attributable to parent | 6,208 | 18,925 | 13,828 | 20,767 | 16,618 | 21,344 | |||
| Common stock | 6,724 | 4,851 | 3,759 | 3,745 | 2,654 | 2,644 | |||
| Additional paid in capital | 292,933 | 294,316 | 283,577 | 282,749 | 273,553 | 272,873 | |||
| Accumulated other comprehensive loss | (2,899) | (2,128) | (1,877) | (1,563) | (1,212) | (1,384) | |||
| Accumulated deficit | (290,550) | (278,114) | (271,631) | (264,164) | (258,377) | (252,789) | |||
| Total equity: | 6,208 | 18,925 | 13,828 | 20,767 | 16,618 | 21,344 | |||
| TOTAL LIABILITIES AND EQUITY: | 41,760 | 58,293 | 46,128 | 65,541 | 61,173 | 63,261 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 5,752 | 7,259 | 7,360 | 7,461 | 7,609 | 8,757 | ||
| Cost of revenue | (3,229) | (3,817) | (3,945) | (3,732) | (3,805) | (3,795) | ||
| Gross profit: | 2,523 | 3,442 | 3,415 | 3,729 | 3,804 | 4,962 | ||
| Operating expenses | (8,538) | (9,840) | (10,300) | (9,221) | (9,146) | (9,048) | ||
| Other operating income (expense), net | (2) | 1 | ||||||
| Other expenses | (124) | |||||||
| Other undisclosed operating income (loss) | 2 | (1) | ||||||
| Operating loss: | (6,015) | (6,398) | (6,885) | (5,492) | (5,342) | (4,086) | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 5 | 1 | (18) | |||||
| Interest and debt expense | (5) | (5) | (18) | (0) | (5) | (5) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 12 | |||||||
| Loss from continuing operations before equity method investments, income taxes: | (6,020) | (6,403) | (6,891) | (5,487) | (5,346) | (4,109) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 236 | (118) | (533) | (320) | (282) | (209) | ||
| Loss from continuing operations before income taxes: | (5,784) | (6,521) | (7,424) | (5,807) | (5,628) | (4,318) | ||
| Income tax expense (benefit) | 11 | 38 | (43) | 20 | 40 | 121 | ||
| Loss from continuing operations: | (5,773) | (6,483) | (7,467) | (5,787) | (5,588) | (4,197) | ||
| Loss before gain (loss) on sale of properties: | (5,773) | (6,483) | (7,467) | (5,787) | (5,588) | (4,197) | ||
| Loss from discontinued operations | ||||||||
| Net loss: | (5,773) | (6,483) | (7,467) | (5,787) | (5,588) | (4,197) | ||
| Other undisclosed net loss attributable to parent | (6,663) | |||||||
| Net loss available to common stockholders, diluted: | (12,436) | (6,483) | (7,467) | (5,787) | (5,588) | (4,197) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (5,773) | (6,483) | (7,467) | (5,787) | (5,588) | (4,197) | ||
| Comprehensive loss: | (5,773) | (6,483) | (7,467) | (5,787) | (5,588) | (4,197) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (7,434) | (251) | (314) | (351) | 172 | (659) | ||
| Comprehensive loss, net of tax, attributable to parent: | (13,207) | (6,734) | (7,781) | (6,138) | (5,416) | (4,856) | ||
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.