Edge Data Solutions, Inc. (EDGS) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
3550 LENOX ROAD NE, 21ST FLOOR, ATLANTA, GA 30326 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 379 - Miscellaneous Transportation Equipment (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 859 | 1,518 | 831 | 147 | 21 | 491 | |||
| Cash and cash equivalents | 859 | 1,518 | 831 | 147 | 21 | 491 | |||
| Receivables | 16 | 24 | 3 | 56 | 0 | 4 | |||
| Inventory, net of allowances, customer advances and progress billings | 68 | 68 | 12 | 12 | |||||
| Inventory | 68 | 68 | 12 | 12 | |||||
| Prepaid expense | 43 | 56 | 14 | 2 | 2 | 2 | |||
| Deposits current assets | 151 | 1,217 | |||||||
| Other current assets | 6 | 6 | 6 | 6 | 6 | 2 | |||
| Other undisclosed current assets | 4 | 4 | 2,166 | 57 | 1 | 60 | |||
| Total current assets: | 1,147 | 2,892 | 3,031 | 280 | 30 | 559 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 10 | 13 | 16 | 19 | 23 | 26 | |||
| Property, plant and equipment | 43 | 50 | 40 | 47 | 55 | 62 | |||
| Intangible assets, net (including goodwill) | 40 | ||||||||
| Intangible assets, net (excluding goodwill) | 40 | ||||||||
| Prepaid expense | 1 | 1 | 1 | 2 | 2 | ||||
| Other undisclosed noncurrent assets | 98 | 108 | 6 | 8 | 6 | 6 | |||
| Total noncurrent assets: | 191 | 173 | 64 | 75 | 85 | 95 | |||
| TOTAL ASSETS: | 1,338 | 3,065 | 3,095 | 354 | 115 | 654 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 770 | 605 | 638 | 322 | 251 | 186 | |||
| Accounts payable | 493 | 126 | 187 | 183 | 167 | 121 | |||
| Accrued liabilities | 277 | 479 | 452 | 139 | 84 | 65 | |||
| Deferred revenue | 9 | 9 | 9 | 9 | 7 | 1 | |||
| Debt | 110 | 113 | 767 | 737 | 736 | 736 | |||
| Due to related parties | 6 | 12 | 0 | 13 | |||||
| Other undisclosed current liabilities | 259 | 2,016 | 3,198 | 392 | 57 | 570 | |||
| Total current liabilities: | 1,148 | 2,749 | 4,625 | 1,460 | 1,051 | 1,507 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 3 | 6 | 10 | 13 | |||||
| Finance lease, liability | 3 | 6 | 10 | 13 | |||||
| Total noncurrent liabilities: | 3 | 6 | 10 | 13 | |||||
| Total liabilities: | 1,148 | 2,749 | 4,627 | 1,467 | 1,061 | 1,520 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 189 | 316 | (1,532) | (1,112) | (946) | (866) | |||
| Common stock | 1 | 1 | 1 | 1 | 1 | 1 | |||
| Additional paid in capital | 1,472 | 1,431 | 793 | 774 | 652 | 652 | |||
| Accumulated deficit | (1,298) | (1,130) | (2,340) | (1,902) | (1,613) | (1,534) | |||
| Other undisclosed equity, attributable to parent | 14 | 14 | 14 | 14 | 14 | 14 | |||
| Total equity: | 189 | 316 | (1,532) | (1,112) | (946) | (866) | |||
| TOTAL LIABILITIES AND EQUITY: | 1,338 | 3,065 | 3,095 | 354 | 115 | 654 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,664 | 6,593 | 595 | 145 | 776 | 51 | ||
| Cost of revenue | (1,949) | (4,498) | (414) | (111) | (660) | (37) | ||
| Cost of goods and services sold | (105) | (641) | (19) | |||||
| Gross profit: | 715 | 2,095 | 181 | 34 | 116 | 14 | ||
| Operating expenses | (877) | (864) | (574) | (298) | (178) | (114) | ||
| Other undisclosed operating loss | (0) | |||||||
| Operating income (loss): | (162) | 1,231 | (392) | (263) | (62) | (100) | ||
| Nonoperating expense | (6) | (21) | (46) | (25) | (17) | (22) | ||
| Interest and debt expense | (4) | (21) | (49) | (23) | (23) | (27) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (172) | 1,189 | (488) | (311) | (103) | (150) | ||
| Other undisclosed income from continuing operations before income taxes | 1,981 | |||||||
| Income (loss) from continuing operations before income taxes: | (172) | 1,189 | 1,493 | (311) | (103) | (150) | ||
| Other undisclosed income from continuing operations | 927 | |||||||
| Income (loss) from continuing operations: | (172) | 1,189 | 2,421 | (311) | (103) | (150) | ||
| Income (loss) before gain (loss) on sale of properties: | (172) | 1,189 | 2,421 | (311) | (103) | (150) | ||
| Net income (loss): | (172) | 1,189 | 2,421 | (311) | (103) | (150) | ||
| Other undisclosed net income (loss) attributable to parent | 4 | 21 | (2,859) | 23 | 23 | 27 | ||
| Net income (loss) attributable to parent: | (168) | 1,210 | (438) | (288) | (80) | (123) | ||
| Other undisclosed net loss available to common stockholders, basic | (3,782) | |||||||
| Net income (loss) available to common stockholders, diluted: | (3,950) | 1,210 | (438) | (288) | (80) | (123) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (172) | 1,189 | 2,421 | (311) | (103) | (150) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (172) | 1,189 | 2,421 | (311) | (103) | (150) | ||
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.