Datasea Inc. (DTSS) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1 XINGHUO RD, CHANGNING BLDG, STE.11D2E BEIJING, 100070 |
| State of Incorp. | NV |
| Fiscal Year End | June 30 |
| Industry (SIC) | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 3/31/2024 Q3 | 12/31/2023 Q2 | 9/30/2023 Q1 | 6/30/2023 Q4 | 3/31/2023 Q3 | 12/31/2022 Q2 | 9/30/2022 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 77 | 77 | 76 | 500 | 43 | 93 | |||
| Cash and cash equivalents | 77 | 77 | 76 | 500 | 43 | 93 | |||
| Receivables | 607 | 556 | 327 | 514 | 528 | 518 | |||
| Inventory, net of allowances, customer advances and progress billings | 186 | 243 | 241 | 251 | 253 | 195 | |||
| Inventory | 186 | 243 | 241 | 251 | 253 | 195 | |||
| Prepaid expense | 203 | 243 | 363 | ||||||
| Disposal group, including discontinued operation | 305 | ||||||||
| Other current assets | 49 | ||||||||
| Other undisclosed current assets | 2,985 | 6,487 | 645 | 289 | 500 | 124 | |||
| Total current assets: | 4,058 | 7,912 | 1,290 | 1,918 | 1,325 | 979 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 107 | 66 | 138 | 316 | 305 | ||||
| Property, plant and equipment | 63 | 68 | 86 | 97 | 111 | 139 | |||
| Long-term investments and receivables | 56 | 56 | 55 | 58 | 57 | 56 | |||
| Long-term investments | 56 | 56 | 55 | 58 | 57 | 56 | |||
| Intangible assets, net (including goodwill) | 660 | 715 | 1,186 | 1,311 | 1,448 | 1,613 | |||
| Intangible assets, net (excluding goodwill) | 660 | 715 | 1,186 | 1,311 | 1,448 | 1,613 | |||
| Total noncurrent assets: | 886 | 904 | 1,465 | 1,466 | 1,932 | 2,113 | |||
| TOTAL ASSETS: | 4,945 | 8,816 | 2,754 | 3,384 | 3,258 | 3,092 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 419 | 374 | 1,005 | 2,861 | 1,969 | 723 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 426 | ||
| Accounts payable | 340 | 296 | 1,005 | 1,637 | 1,341 | ||||
| Accrued liabilities | 79 | 78 | 1,224 | 628 | 297 | ||||
| Deferred revenue | 58 | 473 | 609 | 96 | 123 | 137 | |||
| Debt | 707 | 2,529 | 595 | 1,641 | 1,592 | 867 | |||
| Other liabilities | 73 | 416 | |||||||
| Due to related parties | ✕ | ✕ | ✕ | ✕ | ✕ | 97 | 69 | ||
| Other undisclosed current liabilities | 1,156 | 677 | 2,697 | 894 | 340 | 1,006 | |||
| Total current liabilities: | 2,412 | 4,470 | 4,907 | 5,492 | 4,121 | 2,802 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1 | 21 | 1,402 | 144 | 168 | ||||
| Long-term debt, excluding current maturities | 1 | 21 | 1,402 | 144 | 168 | ||||
| Liabilities, other than long-term debt | 18 | 26 | |||||||
| Operating lease, liability | 18 | 26 | |||||||
| Total noncurrent liabilities: | 1 | 38 | 1,428 | 144 | 168 | ||||
| Total liabilities: | 2,413 | 4,508 | 6,335 | 5,636 | 4,290 | 2,802 | |||
| Equity | |||||||||
| Equity, attributable to parent | 2,603 | 4,379 | (3,519) | (2,192) | (972) | 1,245 | |||
| Common stock | 3 | 38 | 28 | 24 | 24 | 24 | |||
| Additional paid in capital | 32,252 | 32,194 | 24,123 | 20,077 | 19,981 | 20,846 | |||
| Accumulated other comprehensive income | 267 | 232 | 393 | 214 | 235 | 296 | |||
| Accumulated deficit | (29,918) | (28,085) | (28,063) | (22,507) | (21,212) | (19,921) | |||
| Equity, attributable to noncontrolling interest | (71) | (71) | (61) | (60) | (60) | (955) | |||
| Total equity: | 2,532 | 4,308 | (3,580) | (2,252) | (1,032) | 291 | |||
| TOTAL LIABILITIES AND EQUITY: | 4,945 | 8,816 | 2,754 | 3,384 | 3,258 | 3,092 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 3/31/2024 Q3 | 12/31/2023 Q2 | 9/30/2023 Q1 | 6/30/2023 Q4 | 3/31/2023 Q3 | 12/31/2022 Q2 | 9/30/2022 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 11,348 | 6,881 | 3,668 | 1,788 | 410 | 1,164 | ||
| Cost of revenue | (11,246) | (6,806) | (3,628) | (371) | (1,014) | |||
| Other undisclosed gross profit | 16 | |||||||
| Gross profit: | 102 | 75 | 40 | 1,788 | 54 | 150 | ||
| Operating expenses | (1,891) | (933) | (5,587) | (272) | (1,429) | (1,607) | ||
| Operating income (loss): | (1,789) | (858) | (5,547) | 1,516 | (1,375) | (1,457) | ||
| Nonoperating income (expense) | (45) | (8) | (9) | (36) | 23 | |||
| Other nonoperating income (expense) | (46) | (8) | (36) | 23 | ||||
| Interest and debt expense | (2) | (3) | ||||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (2) | |||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (1,835) | (868) | (5,558) | 1,516 | (1,411) | (1,434) | ||
| Other undisclosed income from continuing operations before income taxes | 2 | 3 | 2 | |||||
| Income (loss) from continuing operations before income taxes: | (1,833) | (866) | (5,556) | 1,516 | (1,411) | (1,434) | ||
| Income tax expense (benefit) | 871 | (0) | ||||||
| Other undisclosed loss from continuing operations | (871) | |||||||
| Income (loss) from continuing operations: | (1,833) | (866) | (5,556) | 1,516 | (1,411) | (1,434) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | (1,434) | |
| Income from discontinued operations | 834 | |||||||
| Other undisclosed net income | 0 | 10 | ||||||
| Net income (loss): | (1,833) | (22) | (5,556) | 1,516 | (1,411) | (1,434) | ||
| Net income (loss) attributable to noncontrolling interest | 0 | 10 | (0) | 120 | 97 | |||
| Other undisclosed net loss attributable to parent | (2,811) | |||||||
| Net loss attributable to parent: | (1,833) | (12) | (5,556) | (1,295) | (1,291) | (1,337) | ||
| Other undisclosed net income available to common stockholders, basic | 3,663 | 34 | 18,960 | |||||
| Net income (loss) available to common stockholders, diluted: | 1,830 | 22 | 13,403 | (1,295) | (1,291) | (1,337) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 3/31/2024 Q3 | 12/31/2023 Q2 | 9/30/2023 Q1 | 6/30/2023 Q4 | 3/31/2023 Q3 | 12/31/2022 Q2 | 9/30/2022 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (1,833) | (22) | (5,556) | 1,516 | (1,411) | (1,434) | ||
| Other comprehensive income (loss) | 35 | (161) | ||||||
| Comprehensive income (loss): | (1,798) | (183) | (5,556) | 1,516 | (1,411) | (1,434) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (0) | (20) | 1 | 88 | 100 | |||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 0 | 20 | 178 | (29) | 9 | |||
| Comprehensive income (loss), net of tax, attributable to parent: | (1,798) | (183) | (5,377) | 1,516 | (1,352) | (1,325) | ||
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.