DarkPulse, Inc. (DPLS) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
815 WALKER STREET HOUSTON, TX 77002 |
| 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)
| 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 | 12 | 2,060 | 3,659 | 0 | 1 | 72 | |||
| Cash and cash equivalents | 12 | 2,060 | 3,659 | 0 | 1 | 72 | |||
| Receivables | 869 | 2,952 | 4,224 | ||||||
| Inventory, net of allowances, customer advances and progress billings | 24 | 865 | |||||||
| Inventory | 24 | 865 | |||||||
| Prepaid expense | 1 | 1 | |||||||
| Contract with customer, asset, after allowance for credit loss | 1,440 | ||||||||
| Other current assets | 181 | ||||||||
| Other undisclosed current assets | 76 | 499 | 498 | ||||||
| Total current assets: | 957 | 6,975 | 9,427 | 0 | 2 | 73 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 497 | 2,724 | 2,038 | ✕ | |||||
| Property, plant and equipment | 743 | 1,934 | 2,371 | ||||||
| Long-term investments and receivables | 47 | ||||||||
| Long-term investments | 47 | ||||||||
| Intangible assets, net (including goodwill) | 254 | 6,852 | 20,975 | 394 | 445 | 487 | |||
| Goodwill | 6,462 | 17,089 | |||||||
| Intangible assets, net (excluding goodwill) | 254 | 390 | 3,887 | 394 | 445 | 487 | |||
| Other noncurrent assets | 162 | 690 | 283 | 91 | 116 | 71 | |||
| Other undisclosed noncurrent assets | 1,500 | 2,817 | 343 | ||||||
| Total noncurrent assets: | 3,155 | 15,064 | 26,010 | 485 | 562 | 558 | |||
| Other undisclosed assets | (0) | ||||||||
| TOTAL ASSETS: | 4,112 | 22,039 | 35,436 | 486 | 563 | 631 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 15,663 | 1,090 | 821 | 403 | |||||
| Accounts payable | 13,722 | 520 | 324 | 59 | |||||
| Accrued liabilities | 1,942 | 570 | 497 | 344 | |||||
| Deferred revenue | 2,215 | 3,217 | 42 | ✕ | |||||
| Debt | 2,798 | 2,987 | 2,378 | 931 | 1,033 | 601 | |||
| Derivative instruments and hedges, liabilities | 109 | 306 | 534 | 1,221 | 1,276 | 654 | |||
| Other liabilities | 70 | 472 | 2,024 | 42 | |||||
| Due to related parties | ✕ | ✕ | 44 | ||||||
| Other undisclosed current liabilities | 442 | 12,556 | 11,395 | 44 | |||||
| Total current liabilities: | 19,083 | 18,538 | 19,548 | 3,242 | 3,216 | 1,744 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,208 | 1,283 | 3,647 | 1,176 | 1,155 | 1,102 | |||
| Long-term debt, excluding current maturities | 1,208 | 1,283 | 1,172 | 1,176 | 1,155 | 1,102 | |||
| Liabilities, other than long-term debt | 496 | 2,548 | 676 | ||||||
| Other liabilities | 676 | ||||||||
| Operating lease, liability | 496 | 2,548 | 2,475 | ✕ | |||||
| Total noncurrent liabilities: | 1,704 | 3,831 | 4,323 | 1,176 | 1,155 | 1,102 | |||
| Total liabilities: | 20,788 | 22,368 | 23,871 | 4,418 | 4,371 | 2,846 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (18,099) | (329) | 9,207 | (3,932) | (3,808) | (2,215) | |||
| Preferred stock | 1 | 1 | 1 | 1 | |||||
| Common stock | 798 | 643 | 520 | 409 | 13,920 | 897 | |||
| Treasury stock, value | (1) | (1) | (1) | (1) | (1) | (1) | |||
| Additional paid in capital | 49,734 | 44,602 | 20,249 | 1,806 | (11,878) | 859 | |||
| Accumulated other comprehensive income (loss) | (1,253) | (1,138) | (284) | 316 | 337 | 390 | |||
| Accumulated deficit | (67,376) | (46,555) | (11,276) | (6,450) | (6,174) | (4,349) | |||
| Other undisclosed equity, attributable to parent | 2,120 | (12) | (12) | (12) | |||||
| Equity, attributable to noncontrolling interest | 2,358 | ||||||||
| Other undisclosed equity | 1,423 | ||||||||
| Total equity: | (16,675) | (329) | 11,566 | (3,932) | (3,808) | (2,215) | |||
| Other undisclosed liabilities and equity | |||||||||
| TOTAL LIABILITIES AND EQUITY: | 4,112 | 22,039 | 35,436 | 486 | 563 | 631 | |||
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 | 2,021 | 9,100 | 7,783 | |||||
| Loss on disposition of assets for financial service operations | (160) | (57) | ||||||
| Cost of revenue | (2,447) | (14,544) | (6,685) | |||||
| Gross profit: | (426) | (5,443) | 1,098 | |||||
| Operating expenses | (20,494) | (29,621) | (9,946) | (259) | (546) | (2,539) | ||
| Operating loss: | (20,919) | (35,064) | (8,848) | (259) | (546) | (2,539) | ||
| Nonoperating income (expense) | (804) | (454) | 4,022 | (17) | (1,279) | (779) | ||
| Interest and debt expense | (67) | (36) | (53) | (49) | (53) | (532) | ||
| Loss from continuing operations: | (21,790) | (35,554) | (4,879) | (325) | (1,878) | (3,850) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (4,879) | (325) | (1,878) | (3,850) | |
| Other undisclosed net income | 67 | 36 | 53 | 49 | 53 | 532 | ||
| Net loss: | (21,723) | (35,518) | (4,826) | (276) | (1,825) | (3,318) | ||
| Net income attributable to noncontrolling interest | 902 | 239 | 134 | |||||
| Net loss available to common stockholders, diluted: | (20,821) | (35,279) | (4,693) | (276) | (1,825) | (3,318) | ||
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: | (21,723) | (35,518) | (4,826) | (276) | (1,825) | (3,318) | ||
| Other comprehensive loss | (297) | (1,754) | (3,227) | |||||
| Comprehensive loss: | (21,723) | (35,518) | (4,826) | (573) | (3,580) | (6,545) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 902 | 239 | 134 | |||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (1,018) | (1,092) | 27 | |||||
| Comprehensive loss, net of tax, attributable to parent: | (21,838) | (36,371) | (4,666) | (573) | (3,580) | (6,545) | ||
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.