Dolphin Entertainment, Inc. (DLPN) Financial Statements (2023 and Earlier)
Company Profile
| Business Address |
150 ALHAMBRA CIRCLE CORAL GABLES, FL 33134 |
| State of Incorp. | FL |
| Fiscal Year End | December 31 |
| Industry (SIC) | 72 - Personal Services (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 7,923 | 2,196 | 5,542 | 5,297 | 663 | 2,260 | |||
| Cash and cash equivalents | 7,923 | 2,196 | 5,542 | 5,297 | 663 | 2,260 | |||
| Restricted cash and investments | 714 | 714 | 732 | ||||||
| Receivables | 5,027 | 3,581 | 3,173 | 3,701 | 3,669 | 560 | |||
| Prepaid expense | 10 | ||||||||
| Other current assets | 232 | 373 | 621 | 422 | 2,666 | 560 | |||
| Other undisclosed current assets | 1,250 | (560) | |||||||
| Total current assets: | 13,896 | 6,864 | 10,069 | 9,420 | 8,247 | 2,830 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 7,106 | 7,436 | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 800 | 1,037 | 1,183 | 1,111 | 35 | 55 | |||
| Intangible assets, net (including goodwill) | 27,080 | 26,310 | 25,318 | 21,286 | |||||
| Goodwill | 19,628 | 17,948 | 15,923 | 12,779 | |||||
| Intangible assets, net (excluding goodwill) | 7,452 | 8,362 | 9,395 | 8,507 | |||||
| Other undisclosed noncurrent assets | 469 | 925 | 1,421 | 1,781 | 5,915 | 44 | |||
| Total noncurrent assets: | 35,456 | 35,707 | 27,921 | 24,178 | 5,950 | 99 | |||
| TOTAL ASSETS: | 49,352 | 42,572 | 37,990 | 33,597 | 14,197 | 2,929 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 5,833 | 5,155 | 3,569 | 1,097 | 677 | 501 | |||
| Accounts payable | 1,190 | 832 | 944 | 1,097 | 677 | 480 | |||
| Employee-related liabilities | 2,625 | 2,625 | 2,625 | ||||||
| Interest and dividends payable | 2,018 | 1,698 | 22 | ||||||
| Deferred revenue | 1,855 | 310 | ✕ | ✕ | ✕ | ✕ | |||
| Debt | 1,747 | 3,311 | 2,412 | 3,987 | 18,743 | 2,545 | |||
| Due to related parties | 1,108 | 1,108 | 1,108 | 1,709 | 684 | ||||
| Contract with customer, liability | ✕ | ✕ | ✕ | 523 | ✕ | ✕ | ✕ | ||
| Other liabilities | 1,811 | 5,374 | 7,239 | 6,488 | 2,959 | 2,669 | |||
| Other undisclosed current liabilities | 4,498 | 7,233 | 7,087 | 6,845 | 16,608 | 2,343 | |||
| Total current liabilities: | 16,853 | 22,491 | 21,937 | 20,126 | 39,671 | 8,059 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 6,391 | 7,460 | 612 | 600 | |||||
| Long-term debt, excluding current maturities | 427 | 1,074 | 612 | 600 | |||||
| Operating lease, liability | 5,964 | 6,386 | ✕ | ✕ | ✕ | ✕ | |||
| Liabilities, other than long-term debt | 1,080 | 900 | 1,584 | 1,629 | 6,394 | 1,982 | |||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | 188 | |||||
| Due to related parties | 1,982 | ||||||||
| Other liabilities | 550 | 570 | 1,034 | ||||||
| Business combination, contingent consideration, liability | 530 | 330 | 550 | ||||||
| Derivative instruments and hedges, liabilities | 1,442 | 6,394 | |||||||
| Other undisclosed noncurrent liabilities | 5,360 | 2,032 | 3,079 | 5,166 | 5,764 | ||||
| Total noncurrent liabilities: | 12,831 | 10,392 | 5,276 | 7,395 | 6,394 | 7,746 | |||
| Total liabilities: | 29,683 | 32,883 | 27,213 | 27,521 | 46,065 | 15,806 | |||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 19,669 | 9,689 | 10,777 | 6,076 | (31,868) | (12,877) | |||
| Preferred stock | 1 | 1 | 1 | 1 | 1 | ||||
| Common stock | 99 | 268 | 212 | 158 | 216 | 1,228 | |||
| Additional paid in capital | 117,541 | 105,444 | 105,093 | 98,817 | 67,727 | 25,544 | |||
| Accumulated deficit | (97,972) | (96,024) | (94,529) | (92,900) | (99,812) | (42,628) | |||
| Other undisclosed stockholders' equity attributable to parent | 1 | 2,978 | |||||||
| Total stockholders' equity: | 19,669 | 9,689 | 10,777 | 6,076 | (31,868) | (12,877) | |||
| TOTAL LIABILITIES AND EQUITY: | 49,352 | 42,572 | 37,990 | 33,597 | 14,197 | 2,929 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 24,054 | 25,002 | 22,551 | 22,413 | 9,396 | 2,999 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 5,954 | 9,396 | 2,999 | |
| Cost of revenue | (2,577) | (5,044) | (2,177) | (4,639) | (10,661) | (2,291) | ||
| Other undisclosed gross profit | (18,478) | (16,958) | (17,374) | |||||
| Gross profit: | 3,000 | 3,000 | 3,000 | 17,774 | (1,266) | 709 | ||
| Operating expenses | (26,611) | (29,087) | (26,700) | (23,518) | (12,568) | (2,479) | ||
| Other undisclosed operating income (loss) | 21,054 | 22,002 | 19,551 | 4,639 | (3,868) | (1,436) | ||
| Operating loss: | (2,557) | (4,085) | (4,149) | (1,105) | (17,702) | (3,206) | ||
| Nonoperating income (expense) | 480 | 2,474 | 145 | 8,356 | (19,487) | (844) | ||
| Investment income, nonoperating | (1,485) | |||||||
| Debt instrument, convertible, beneficial conversion feature | 293 | 123 | ||||||
| Other nonoperating income | 3,680 | 1,195 | ||||||
| Interest and debt expense | 3,311 | 712 | (53) | (1,595) | (37,283) | (940) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 1,235 | (900) | (4,057) | 5,656 | (74,473) | (4,990) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (3,311) | (712) | 53 | 1,595 | ||||
| Income (loss) from continuing operations before income taxes: | (2,076) | (1,612) | (4,004) | 7,251 | (74,473) | (4,990) | ||
| Income tax expense (benefit) | 137 | 418 | 1,091 | (339) | ||||
| Net income (loss): | (1,939) | (1,193) | (2,913) | 6,913 | (74,473) | (4,990) | ||
| Net loss attributable to noncontrolling interest | (17) | |||||||
| Other undisclosed net income attributable to parent | 37,283 | 958 | ||||||
| Net income (loss) attributable to parent: | (1,939) | (1,193) | (2,913) | 6,913 | (37,190) | (4,050) | ||
| Other undisclosed net loss available to common stockholders, basic | (302) | (158) | (5,247) | |||||
| Net income (loss) available to common stockholders, basic: | (1,939) | (1,495) | (3,071) | 6,913 | (42,437) | (4,050) | ||
| Other undisclosed net loss available to common stockholders, diluted | (1,745) | (2,881) | (617) | |||||
| Net income (loss) available to common stockholders, diluted: | (3,685) | (4,376) | (3,688) | 6,913 | (42,437) | (4,050) | ||
Comprehensive Income ($ in thousands)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (1,939) | (1,193) | (2,913) | 6,913 | (74,473) | (4,990) | ||
| Comprehensive income (loss): | (1,939) | (1,193) | (2,913) | 6,913 | (74,473) | (4,990) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (17) | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (1,939) | (1,193) | (2,913) | 6,913 | (74,473) | (5,008) | ||
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.