Digerati Technologies, Inc. (DTGI) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
8023 VANTAGE DRIVE SAN ANTONIO, TX 78230 |
| State of Incorp. | NV |
| Fiscal Year End | July 31 |
| Industry (SIC) | 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 10/31/2023 Q1 | 7/31/2023 Q4 | 4/30/2023 Q3 | 1/31/2023 Q2 | 10/31/2022 Q1 | 7/31/2022 Q4 | 4/30/2022 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 924 | 997 | 2,203 | 1,048 | 1,509 | 2,384 | |||
| Cash and cash equivalents | 924 | 997 | 2,203 | 1,048 | 1,509 | 2,384 | |||
| Receivables | 749 | 906 | 828 | 844 | 622 | 1,602 | |||
| Other current assets | |||||||||
| Other undisclosed current assets | 650 | 578 | 422 | 649 | 383 | 867 | |||
| Total current assets: | 2,323 | 2,481 | 3,453 | 2,541 | 2,514 | 4,853 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 578 | ||||||||
| Operating lease, right-of-use asset | 1,912 | 1,886 | 1,944 | 2,498 | |||||
| Property, plant and equipment | 1,346 | 1,465 | 1,502 | 1,558 | 1,647 | 1,742 | |||
| Long-term investments and receivables | 185 | 185 | 185 | 185 | 185 | 185 | |||
| Long-term investments | 185 | 185 | 185 | 185 | 185 | 185 | |||
| Intangible assets, net (including goodwill) | 31,591 | 59,413 | 59,413 | 59,413 | 59,413 | 68,077 | |||
| Goodwill | 19,380 | 19,380 | 19,380 | 19,380 | 19,380 | 8,878 | |||
| Intangible assets, net (excluding goodwill) | 12,211 | 40,033 | 40,033 | 40,033 | 40,033 | 59,199 | |||
| Other undisclosed noncurrent assets | 437 | (26,042) | (25,534) | (23,000) | (24,572) | (31,866) | |||
| Total noncurrent assets: | 36,049 | 36,907 | 37,510 | 38,156 | 39,171 | 38,138 | |||
| TOTAL ASSETS: | 38,372 | 39,388 | 40,963 | 40,697 | 41,685 | 42,991 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 15,250 | 13,615 | 13,051 | 12,814 | 12,849 | 11,678 | |||
| Accounts payable | 5,373 | 4,134 | 3,645 | 3,665 | 3,222 | 3,514 | |||
| Accrued liabilities | 9,877 | 9,481 | 9,406 | 9,149 | 9,627 | 8,164 | |||
| Deferred revenue | |||||||||
| Debt | 36,725 | 8,627 | 7,136 | 27 | 42 | 4,300 | |||
| Derivative instruments and hedges, liabilities | 4,125 | 7,759 | 9,879 | 10,588 | 8,922 | ||||
| Due to related parties | ✕ | ✕ | ✕ | 604 | 626 | 833 | 1,024 | ||
| Other undisclosed current liabilities | 11,502 | 37,909 | 13,548 | 32,370 | 7,525 | 3,963 | |||
| Total current liabilities: | 67,602 | 67,910 | 44,218 | 45,837 | 31,837 | 29,887 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 354 | 320 | 23,454 | 25,432 | 35,666 | 35,667 | |||
| Long-term debt, excluding current maturities | 23,206 | 23,710 | 33,835 | 34,318 | |||||
| Finance lease, liability | 354 | 320 | 248 | 54 | 43 | ||||
| Liabilities, other than long-term debt | 1,320 | 1,402 | 11,408 | 13,664 | 100 | ||||
| Due to related parties | ✕ | ✕ | ✕ | 100 | |||||
| Operating lease, liability | 1,320 | 1,402 | 1,529 | 1,668 | 1,788 | 1,349 | |||
| Derivative instruments and hedges, liabilities | 9,879 | 13,664 | |||||||
| Other undisclosed noncurrent liabilities | (9,879) | (13,664) | |||||||
| Total noncurrent liabilities: | 1,674 | 1,722 | 24,983 | 25,432 | 35,666 | 35,767 | |||
| Total liabilities: | 69,276 | 69,632 | 69,201 | 71,269 | 67,503 | 65,654 | |||
| Equity | |||||||||
| Equity, attributable to parent | (27,611) | (27,291) | (25,694) | (28,356) | (23,763) | (20,643) | |||
| Common stock | 161 | 158 | 152 | 145 | 142 | 139 | |||
| Additional paid in capital | 93,911 | 92,947 | 92,306 | 89,875 | 89,487 | 89,309 | |||
| Accumulated other comprehensive income | 1 | 1 | 1 | 1 | 1 | 1 | |||
| Accumulated deficit | (121,684) | (120,397) | (118,153) | (118,377) | (113,393) | (110,092) | |||
| Equity, attributable to noncontrolling interest | (3,293) | (2,953) | (2,544) | (2,216) | (2,055) | (2,020) | |||
| Total equity: | (30,904) | (30,244) | (28,238) | (30,572) | (25,818) | (22,663) | |||
| TOTAL LIABILITIES AND EQUITY: | 38,372 | 39,388 | 40,963 | 40,697 | 41,685 | 42,991 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 10/31/2023 Q1 | 7/31/2023 Q4 | 4/30/2023 Q3 | 1/31/2023 Q2 | 10/31/2022 Q1 | 7/31/2022 Q4 | 4/30/2022 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 7,715 | 7,837 | 7,941 | 8,130 | 8,195 | 8,163 | ||
| Cost of revenue (Other Cost of Operating Revenue) | (7,837) | |||||||
| Other undisclosed gross profit | 23,908 | |||||||
| Gross profit: | 31,623 | 7,941 | 8,130 | 8,195 | 8,163 | |||
| Operating expenses | (9,730) | (8,912) | (9,506) | (8,530) | (8,346) | (9,789) | ||
| Other undisclosed operating income (loss) | (23,908) | 7,837 | ||||||
| Operating loss: | (2,015) | (1,075) | (1,565) | (400) | (151) | (1,626) | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 388 | (1,578) | 1,461 | (4,745) | (3,185) | 4,986 | ||
| Interest and debt expense | (39,656) | 55 | (10) | (106) | ||||
| Income (loss) from continuing operations before income taxes: | (41,283) | (2,598) | (104) | (5,155) | (3,442) | 3,360 | ||
| Income tax expense | (50) | (134) | (167) | |||||
| Income (loss) from continuing operations: | (41,283) | (2,598) | (104) | (5,205) | (3,576) | 3,193 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (5,205) | (3,576) | 3,193 | |
| Other undisclosed net income (loss) | 39,656 | (55) | 60 | 240 | 167 | |||
| Net income (loss): | (1,627) | (2,653) | (104) | (5,145) | (3,336) | 3,360 | ||
| Net income attributable to noncontrolling interest | 328 | 161 | 35 | 3,360 | ||||
| Other undisclosed net income (loss) attributable to parent | 340 | 409 | (2,814) | |||||
| Net income (loss) attributable to parent: | (1,287) | (2,244) | 224 | (4,984) | (3,301) | 3,906 | ||
| Other undisclosed net loss available to common stockholders, basic | (4) | (4) | (5) | (4) | ||||
| Net income (loss) available to common stockholders, basic: | (1,287) | (2,244) | 220 | (4,988) | (3,306) | 3,902 | ||
| Other undisclosed net income (loss) available to common stockholders, diluted | 308,552 | (3,482) | (6,759) | |||||
| Net income (loss) available to common stockholders, diluted: | 307,265 | (2,244) | (3,262) | (4,988) | (3,306) | (2,857) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 10/31/2023 Q1 | 7/31/2023 Q4 | 4/30/2023 Q3 | 1/31/2023 Q2 | 10/31/2022 Q1 | 7/31/2022 Q4 | 4/30/2022 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (1,627) | (2,653) | (104) | (5,145) | (3,336) | 3,360 | ||
| Comprehensive income (loss): | (1,627) | (2,653) | (104) | (5,145) | (3,336) | 3,360 | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 328 | 161 | 3,360 | |||||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 1,341 | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (1,627) | (2,653) | 224 | (4,984) | (1,995) | 6,720 | ||
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.