Directview Holdings Inc (DIRV) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
21218 SAINT ANDREWS BLVD. BOCA RATON, FL 33433 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4899 - Communications Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 101 | 68 | 58 | 330 | 26 | 47 | 6 | ||
| Cash and cash equivalents | 101 | 68 | 58 | 330 | 26 | 47 | 6 | ||
| Receivables | 235 | ||||||||
| Inventory, net of allowances, customer advances and progress billings | 109 | 73 | 30 | ✕ | ✕ | ||||
| Inventory | 109 | 73 | 30 | ||||||
| Contract with customer, asset, after allowance for credit loss | 97 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 7 | ||
| Other current assets | 149 | 60 | 53 | 47 | 2 | 0 | ✕ | ||
| Other undisclosed current assets | 757 | 85 | 188 | 47 | 17 | 25 | |||
| Total current assets: | 691 | 959 | 226 | 565 | 75 | 64 | 38 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 13 | 64 | 27 | 15 | 9 | 6 | 0 | ||
| Long-term investments and receivables | (160) | (38) | (38) | ||||||
| Accounts and financing receivable, after allowance for credit loss | (160) | (38) | (38) | ||||||
| Intangible assets, net (including goodwill) | 1,271 | 1,478 | ✕ | ✕ | |||||
| Goodwill | 795 | 795 | |||||||
| Intangible assets, net (excluding goodwill) | 476 | 683 | |||||||
| Other undisclosed noncurrent assets | 167 | 37 | 46 | 1 | (2) | 0 | |||
| Total noncurrent assets: | 1,283 | 1,548 | 26 | 23 | 10 | 3 | 0 | ||
| TOTAL ASSETS: | 1,974 | 2,507 | 253 | 588 | 85 | 67 | 38 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 5,149 | 3,969 | 2,617 | 2,024 | 1,807 | 1,449 | 1,278 | ||
| Interest and dividends payable | 277 | ||||||||
| Taxes payable | 38 | ||||||||
| Employee-related liabilities | 85 | 110 | |||||||
| Accounts payable | 607 | 362 | 271 | 131 | 163 | 363 | |||
| Accrued liabilities | 4,542 | 3,607 | 2,347 | 1,565 | 1,286 | 915 | |||
| Other undisclosed accounts payable and accrued liabilities | 1,625 | ||||||||
| Debt | 311 | 5,561 | 3,065 | 2,780 | 323 | 273 | 199 | ||
| Derivative instruments and hedges, liabilities | 11,959 | ||||||||
| Deferred revenue and credits | ✕ | 479 | 39 | ||||||
| Due to related parties | 2 | 2 | 2 | 13 | 664 | ||||
| Customer advances and deposits | ✕ | 146 | 146 | 146 | ✕ | ✕ | |||
| Contract with customer, liability | 6 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other liabilities | 25 | ||||||||
| Other undisclosed current liabilities | 4,615 | 3,927 | 4,501 | 2,448 | 1,766 | 2,313 | 733 | ||
| Total current liabilities: | 22,042 | 13,963 | 10,369 | 7,411 | 4,705 | 4,035 | 2,209 | ||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 726 | 778 | |||||||
| Due to related parties | 726 | 778 | |||||||
| Total noncurrent liabilities: | 726 | 778 | |||||||
| Total liabilities: | 22,768 | 14,741 | 10,369 | 7,411 | 4,705 | 4,035 | 2,209 | ||
| Equity | |||||||||
| Equity, attributable to parent | (20,769) | (12,237) | (10,114) | (6,855) | (4,590) | (3,947) | (2,170) | ||
| Common stock | 47 | 1 | 43 | 46 | 1 | 23 | 16 | ||
| Additional paid in capital | 18,612 | 17,159 | 17,687 | 16,181 | 14,055 | 13,452 | 13,338 | ||
| Accumulated deficit | (39,428) | (29,397) | (27,844) | (23,082) | (18,646) | (17,422) | (15,525) | ||
| Equity, attributable to noncontrolling interest | (24) | 3 | (3) | 32 | (30) | (20) | (1) | ||
| Total equity: | (20,793) | (12,234) | (10,117) | (6,823) | (4,620) | (3,968) | (2,171) | ||
| TOTAL LIABILITIES AND EQUITY: | 1,974 | 2,507 | 253 | 588 | 85 | 67 | 38 | ||
Income Statement (P&L) ($ in thousands)
| 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 4,106 | 2,905 | 461 | 804 | 511 | 249 | 122 | |
| Revenue, net | ✕ | 2,905 | 461 | 804 | 511 | 249 | 122 | |
| Cost of revenue (Cost of Goods and Services Sold) | (2,501) | (1,643) | (231) | (514) | (463) | (182) | (85) | |
| Gross profit: | 1,604 | 1,262 | 229 | 291 | 48 | 68 | 37 | |
| Operating expenses | (4,507) | (2,135) | (1,631) | (2,067) | (1,453) | (646) | (1,104) | |
| Operating loss: | (2,903) | (873) | (1,402) | (1,777) | (1,405) | (579) | (1,067) | |
| Nonoperating income (expense) | (7,155) | (674) | (3,396) | (2,596) | 171 | (1,338) | (47) | |
| Debt instrument, convertible, beneficial conversion feature | 15 | |||||||
| Interest and debt expense | 42 | (1,353) | (373) | (262) | 10,896 | 179 | (92) | |
| Income (loss) from continuing operations: | (10,016) | (2,901) | (5,170) | (4,635) | 9,662 | (1,738) | (1,207) | |
| Income (loss) before gain (loss) on sale of properties: | (10,016) | (2,901) | (5,170) | (4,635) | 9,662 | (1,738) | (1,207) | |
| Other undisclosed net income (loss) | (42) | 1,353 | 373 | 262 | 92 | |||
| Net income (loss): | (10,058) | (1,547) | (4,798) | (4,373) | 9,662 | (1,738) | (1,115) | |
| Net income (loss) attributable to noncontrolling interest | 27 | (6) | 35 | (63) | 10 | 20 | (36) | |
| Other undisclosed net income (loss) attributable to parent | 20,061 | (10,906) | (199) | 36 | ||||
| Net income (loss) available to common stockholders, diluted: | 10,031 | (1,553) | (4,763) | (4,436) | (1,234) | (1,917) | (1,115) | |
Comprehensive Income ($ in thousands)
| 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (10,058) | (1,547) | (4,798) | (4,373) | 9,662 | (1,738) | (1,115) | |
| Comprehensive income (loss): | (10,058) | (1,547) | (4,798) | (4,373) | 9,662 | (1,738) | (1,115) | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 27 | (6) | 35 | (63) | 10 | (20) | 36 | |
| Comprehensive income (loss), net of tax, attributable to parent: | (10,031) | (1,553) | (4,763) | (4,436) | 9,672 | (1,757) | (1,079) | |
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.