Duos Technologies Group, Inc. (DUOT) financial statements (2020 and earlier)

Company profile

Business Address 6622 SOUTHPOINT DRIVE S
JACKSONVILLE, FL 32216
State of Incorp. FL
Fiscal Year End December 31
SIC 7372 - Prepackaged Software (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments561,2091,9421741403
Cash and cash equivalents561,2091,9421741403
Receivables2,6121,53929825745239
Prepaid expense  91136165 
Contract with customer, asset1,3761,209
Intangible current assets 80    
Costs in excess of billings424   
Other current assets   477421 
Other undisclosed current assets717155    
Total current assets:4,7604,1922,7551,0441,17943
Noncurrent Assets
Operating lease, right-of-use asset430
Property, plant and equipment2602046566732
Intangible assets, net (including goodwill)625446   
Intangible assets, net (excluding goodwill)625446   
Other undisclosed noncurrent assets2040 5157 
Total noncurrent assets:7722981111181302
TOTAL ASSETS:5,5324,4902,8661,1621,30844
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:3,0351,9574971,218956156
Accounts payable2,6411,4178138431,062238
Accrued liabilities393222    
Employee-related liabilities 318 400244 
Interest and dividends payable     6
Other undisclosed accounts payable and accrued liabilities  (315)(25)(351)(88)
Deferred revenue936
Debt32748158875350
Deferred compensation liability 169304894776 
Derivative instruments and hedges, liabilities   793  
Due to related parties131313578487293
Deferred revenue and credits439   
Contract with customer, liability2,249
Other undisclosed current liabilities1,0572257941,6062,795593
Total current liabilities:5,3684,6612,2055,1775,0671,093
Noncurrent Liabilities
Long-term debt and lease obligation292  1,207 66
Long-term debt, excluding current maturities   1,207 66
Finance lease, liability89
Operating lease, liability203
Liabilities, other than long-term debt  39   
Due to related parties  39   
Other undisclosed noncurrent liabilities     (66)
Total noncurrent liabilities:292 391,207  
Total liabilities:5,6604,6612,2446,3835,0671,093
Temporary equity, carrying amount   302  
Stockholders' equity
Stockholders' equity attributable to parent, including:(127)(171)623(5,523)(3,759)(1,048)
Common stock    651
Treasury stock, value(157)(149)(148)(148)  
Common stock, value, subscriptions     0
Additional paid in capital32,77130,24826,62918,14417,1285,038
Accumulated deficit(32,741)(30,270)(28,689)(23,519)(20,951)(6,088)
Other undisclosed stockholders' equity attributable to parent  2,830   
Total stockholders' equity:(127)(171)623(5,523)(3,759)(1,048)
TOTAL LIABILITIES AND EQUITY:5,5324,4902,8661,1621,30844

Income statement (P&L) ($ in thousands)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues13,64112,0493,8856,1056,768401
Revenue, net1,8843,2003,759103
Cost of revenue(7,160)(6,844)(2,295)(1,581)(2,052)(168)
Cost of goods and services sold  (1,488)(2,732)(3,196)(100)
Other undisclosed gross profit   (1,152)(1,144) 
Gross profit:6,4815,2041,5903,3723,572233
Operating expenses(8,888)(6,774)(5,034)(5,117)(5,799)(904)
Other undisclosed operating income (loss)  (0)  241
Operating loss:(2,407)(1,570)(3,443)(1,744)(2,227)(430)
Nonoperating income (expense)(64)(11)(1,709)(818)99305
Other nonoperating income (expense)56(1,709)(818)99305
Interest and debt expense(69)(17)427 744141
Income (loss) from continuing operations before income taxes:(2,540)(1,598)(4,726)(2,562)(1,384)17
Income tax benefit   963875 
Income (loss) before gain (loss) on sale of properties:(2,540)(1,598)(4,726)(1,598)(510)17
Other undisclosed net income (loss)6917(427)(963)(1,816) 
Net income (loss):(2,471)(1,581)(5,152)(2,562)(2,326)17
Other undisclosed net loss attributable to parent     (752)
Net loss attributable to parent:(2,471)(1,581)(5,152)(2,562)(2,326)(735)
Preferred stock dividends and other adjustments  (18)(6)  
Net loss available to common stockholders, diluted:(2,471)(1,581)(5,170)(2,568)(2,326)(735)

Comprehensive Income ($ in thousands)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(2,471)(1,581)(5,152)(2,562)(2,326)17
Comprehensive income (loss), net of tax, attributable to parent:(2,471)(1,581)(5,152)(2,562)(2,326)17

Statements sources

The financial statements are based on the company's filings with the 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.

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