Debt Resolve Inc (DRSV) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1133 WESTCHESTER AVENUE WHITE PLAINS, NY 10604 |
| State of Incorp. | DE |
| 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
| 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | 12/31/2016 Q4 | 9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 302 | 634 | 593 | 135 | |||||
| Cash and cash equivalents | 302 | 634 | 593 | 135 | |||||
| Receivables | 1,972 | 3,748 | 3,914 | 4,444 | 4,748 | 5,167 | |||
| Prepaid expense | 18 | 35 | 33 | 19 | |||||
| Other undisclosed current assets | (3,060) | ||||||||
| Total current assets: | 2,291 | 4,418 | 4,540 | 1,538 | 4,748 | 5,167 | |||
| Noncurrent Assets | |||||||||
| Long-term investments and receivables | 6,610 | 3,822 | 3,060 | 3,060 | |||||
| Accounts and financing receivable, after allowance for credit loss | 6,610 | 3,822 | 3,060 | 3,060 | |||||
| Total noncurrent assets: | 6,610 | 3,822 | 3,060 | 3,060 | |||||
| TOTAL ASSETS: | 8,901 | 8,240 | 7,600 | 4,598 | 4,748 | 5,167 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 4,486 | 4,448 | 4,178 | 4,079 | 3,796 | 3,699 | |||
| Interest and dividends payable | 397 | 365 | 337 | 311 | 258 | ||||
| Employee-related liabilities | 986 | 1,098 | 1,061 | 1,044 | 951 | 967 | |||
| Accounts payable | 834 | 814 | 698 | 743 | 684 | 699 | |||
| Accrued liabilities | 2,665 | 2,536 | 2,419 | 2,293 | 2,161 | 2,033 | |||
| Other undisclosed accounts payable and accrued liabilities | (397) | (365) | (337) | (311) | (258) | ||||
| Debt | 2,703 | 2,099 | 2,120 | 2,372 | (1,780) | (2,285) | |||
| Due to related parties | 289 | 292 | 304 | 288 | |||||
| Other undisclosed current liabilities | 10,757 | 9,551 | 8,893 | 6,066 | |||||
| Total current liabilities: | 18,235 | 16,390 | 15,495 | 12,805 | 2,017 | 1,414 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 501 | 1,079 | 1,114 | 856 | 36 | ||||
| Long-term debt, excluding current maturities | 501 | 1,079 | 1,114 | 856 | 36 | ||||
| Liabilities, other than long-term debt | 30 | 288 | 279 | 359 | |||||
| Due to related parties | 30 | 288 | 279 | 359 | |||||
| Total noncurrent liabilities: | 531 | 1,367 | 1,392 | 1,216 | 36 | ||||
| Total liabilities: | 18,766 | 17,757 | 16,887 | 14,021 | 2,017 | 1,450 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (9,135) | (8,902) | (8,728) | (8,709) | |||||
| Common stock | 127 | 126 | 121 | 115 | |||||
| Additional paid in capital | 67,910 | 67,864 | 67,737 | 67,572 | |||||
| Deferred compensation equity | (1,236) | ||||||||
| Accumulated deficit | (77,171) | (76,892) | (76,586) | (76,396) | |||||
| Other undisclosed equity, attributable to parent | 1,236 | ||||||||
| Equity, attributable to noncontrolling interest | (730) | (615) | (560) | (714) | |||||
| Total equity: | (9,865) | (9,517) | (9,287) | (9,423) | |||||
| TOTAL LIABILITIES AND EQUITY: | 8,901 | 8,240 | 7,600 | 4,598 | 2,017 | 1,450 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | 12/31/2016 Q4 | 9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 2,045 | 2,161 | 2,092 | 1,337 | 348 | 658 | ||
| Gross profit: | 2,045 | 2,161 | 2,092 | 1,337 | 348 | 658 | ||
| Operating expenses | (1,810) | (1,812) | (1,628) | (1,345) | (759) | (1,181) | ||
| Operating income (loss): | 235 | 350 | 465 | (8) | (412) | (523) | ||
| Nonoperating expense | (449) | (505) | (520) | (489) | (93) | (286) | ||
| Interest and debt expense | (394) | (435) | (1,125) | (297) | (197) | (252) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 394 | 435 | 1,125 | 297 | 197 | 252 | ||
| Loss from continuing operations: | (214) | (155) | (55) | (497) | (504) | (809) | ||
| Loss before gain (loss) on sale of properties: | (214) | (155) | (55) | (497) | (504) | (809) | ||
| Net loss: | (214) | (155) | (55) | (497) | (504) | (809) | ||
| Net income (loss) attributable to noncontrolling interest | (65) | (151) | 135 | 61 | (99) | (186) | ||
| Other undisclosed net income (loss) attributable to parent | 65 | 151 | (135) | (61) | 99 | 186 | ||
| Net loss available to common stockholders, diluted: | (214) | (155) | (55) | (497) | (504) | (809) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | 12/31/2016 Q4 | 9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (214) | (155) | (55) | (497) | (504) | (809) | ||
| Comprehensive loss: | (214) | (155) | (55) | (497) | (504) | (809) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (65) | (151) | 135 | 61 | (99) | (186) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (280) | (306) | 80 | (436) | (603) | (995) | ||
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.