DigitalTown, Inc. (DGTW) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
477 PEACE PORTAL DRIVE, SUITE 506 BLAINE, WA 98230 |
| State of Incorp. | MN |
| Fiscal Year End | February 28 |
| Industry (SIC) | 357 - Computer And Office Equipment (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 8/31/2019 MRQ | 2/28/2019 | 2/28/2018 | 2/28/2017 | 2/29/2016 | 2/28/2015 | 2/28/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 15 | 69 | 539 | 15 | 15 | 51 | |||
| Cash and cash equivalents | 15 | 59 | 539 | 15 | 15 | 51 | |||
| Short-term investments | 10 | ||||||||
| Receivables | 25 | 12 | 26 | 0 | 0 | ||||
| Prepaid expense | 3 | 21 | |||||||
| Other undisclosed current assets | 78 | 106 | 60 | 60 | 48 | ||||
| Total current assets: | 41 | 162 | 692 | 75 | 75 | 98 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 19 | 22 | 2 | 6 | 6 | 10 | |||
| Intangible assets, net (including goodwill) | 60 | ✕ | |||||||
| Intangible assets, net (excluding goodwill) | 60 | ||||||||
| Other undisclosed noncurrent assets | (60) | ||||||||
| Total noncurrent assets: | 19 | 22 | 2 | 6 | 6 | 10 | |||
| TOTAL ASSETS: | 60 | 184 | 694 | 81 | 81 | 108 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 859 | 278 | 167 | 153 | 153 | 131 | |||
| Interest and dividends payable | 46 | 35 | |||||||
| Employee-related liabilities | 1 | 1 | |||||||
| Accounts payable | 551 | 215 | 167 | 153 | 153 | 130 | |||
| Accrued liabilities | 261 | 29 | |||||||
| Debt | 476 | 411 | |||||||
| Due to related parties | 110 | 160 | 11 | 61 | 136 | ||||
| Other undisclosed current liabilities | 2,023 | 1,385 | 460 | 428 | 352 | 262 | |||
| Total current liabilities: | 2,992 | 2,300 | 1,048 | 642 | 642 | 392 | |||
| Noncurrent Liabilities | |||||||||
| Other undisclosed noncurrent liabilities | (546) | (505) | |||||||
| Total noncurrent liabilities: | (546) | (505) | |||||||
| Total liabilities: | 2,992 | 2,300 | 1,048 | 96 | 137 | 392 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (2,932) | (2,115) | (355) | (561) | (561) | (284) | |||
| Common stock | 1,467 | 845 | 526 | ||||||
| Common stock, value, subscriptions | 479 | 2,222 | 3,426 | 12 | 12 | ✕ | |||
| Additional paid in capital | 51,412 | 43,699 | 34,333 | 28,615 | 28,615 | 28,248 | |||
| Accumulated other comprehensive income (loss) | (1) | 5 | 2 | ||||||
| Accumulated deficit | (56,289) | (48,886) | (38,643) | ||||||
| Other undisclosed equity, attributable to parent | (29,187) | (29,187) | (28,532) | ||||||
| Other undisclosed equity | 546 | 505 | |||||||
| Total equity: | (2,932) | (2,115) | (355) | (16) | (56) | (284) | |||
| TOTAL LIABILITIES AND EQUITY: | 60 | 184 | 694 | 81 | 81 | 108 | |||
Income Statement (P&L) ($ in thousands)
| 8/31/2019 TTM | 2/28/2019 | 2/28/2018 | 2/28/2017 | 2/29/2016 | 2/28/2015 | 2/28/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 34 | 327 | 166 | 2 | 2 | 10 | ||
| Cost of revenue | (743) | (1,031) | (473) | (179) | (179) | (292) | ||
| Gross profit: | (709) | (704) | (307) | (177) | (177) | (282) | ||
| Operating expenses | (5,080) | (7,443) | (5,169) | (499) | (499) | (2,212) | ||
| Other undisclosed operating loss | (2) | (2) | (224) | |||||
| Operating loss: | (5,789) | (8,147) | (5,476) | (678) | (678) | (2,717) | ||
| Nonoperating income (expense) | (1,370) | 450 | (164) | |||||
| Investment income, nonoperating | (164) | |||||||
| Debt instrument, convertible, beneficial conversion feature | 450 | |||||||
| Other nonoperating expense | (1,370) | |||||||
| Interest and debt expense | (48) | (374) | (19) | 2 | (2) | 60 | ||
| Loss from continuing operations before income taxes: | (7,206) | (8,071) | (5,495) | (676) | (680) | (2,822) | ||
| Other undisclosed income from continuing operations | 48 | |||||||
| Loss from continuing operations: | (7,158) | (8,071) | (5,495) | (676) | (680) | (2,822) | ||
| Loss before gain (loss) on sale of properties: | (7,403) | (8,071) | (5,495) | (676) | (680) | (2,822) | ||
| Loss from discontinued operations | (245) | |||||||
| Other undisclosed net income | 499 | 503 | 2,540 | |||||
| Net loss: | (7,403) | (8,071) | (5,495) | (177) | (177) | (282) | ||
| Other undisclosed net loss attributable to parent | (2,172) | (1,725) | (501) | (501) | (2,436) | |||
| Net loss available to common stockholders, basic: | (7,403) | (10,243) | (7,220) | (678) | (678) | (2,717) | ||
| Other undisclosed net loss available to common stockholders, diluted | (1,872) | |||||||
| Net loss available to common stockholders, diluted: | (7,403) | (10,243) | (7,220) | (2,550) | (678) | (2,717) | ||
Comprehensive Income ($ in thousands)
| 8/31/2019 TTM | 2/28/2019 | 2/28/2018 | 2/28/2017 | 2/29/2016 | 2/28/2015 | 2/28/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (7,403) | (8,071) | (5,495) | (177) | (177) | (282) | ||
| Other comprehensive income (loss) | 6 | (3) | (2) | |||||
| Comprehensive loss, net of tax, attributable to parent: | (7,398) | (8,075) | (5,496) | (177) | (177) | (282) | ||
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.