Edgewater Technology Inc (EDGW) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
200 HARVARD MILL SQUARE WAKEFIELD, MA 01880 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 737 - Computer Programming, Data Processing, And Other Computer Related Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 4,444 | 3,733 | 8,442 | 15,398 | 12,796 | 13,092 | 17,674 | ||
| Cash and cash equivalents | 4,444 | 3,733 | 8,442 | 15,398 | 12,796 | 13,092 | 17,674 | ||
| Receivables | 26,266 | 28,154 | 24,561 | 22,218 | 25,584 | 25,750 | 25,366 | ||
| Other undisclosed current assets | 7,312 | 6,957 | 2,983 | 2,075 | 1,173 | 1,823 | 1,781 | ||
| Total current assets: | 38,022 | 38,844 | 35,986 | 39,691 | 39,553 | 40,665 | 44,821 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 386 | 406 | 424 | 409 | 464 | 481 | 536 | ||
| Intangible assets, net (including goodwill) | 33,878 | 34,438 | 34,998 | 35,558 | 36,256 | 36,958 | 37,660 | ||
| Goodwill | 29,983 | 29,983 | 29,983 | 29,983 | 29,983 | 29,983 | 29,983 | ||
| Intangible assets, net (excluding goodwill) | 3,895 | 4,455 | 5,015 | 5,575 | 6,273 | 6,975 | 7,677 | ||
| Other noncurrent assets | 886 | 209 | 210 | 216 | 218 | 219 | 227 | ||
| Other undisclosed noncurrent assets | 23,181 | 22,442 | 23,627 | ||||||
| Total noncurrent assets: | 35,150 | 35,053 | 35,632 | 36,183 | 60,119 | 60,100 | 62,050 | ||
| TOTAL ASSETS: | 73,172 | 73,897 | 71,618 | 75,874 | 99,672 | 100,765 | 106,871 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 16,029 | 15,970 | 14,725 | 15,751 | 14,150 | 14,865 | 14,304 | ||
| Accounts payable | 1,585 | 1,328 | 978 | 767 | 453 | 583 | 587 | ||
| Accrued liabilities | 14,444 | 14,642 | 13,747 | 14,984 | 13,697 | 14,282 | 13,717 | ||
| Debt | 5,000 | 5,000 | 5,000 | 5,000 | |||||
| Business combination, contingent consideration, liability | 836 | 8,929 | |||||||
| Deferred revenue and credits | ✕ | ✕ | 2,301 | 2,140 | 2,056 | 1,982 | 1,922 | ||
| Total current liabilities: | 21,029 | 20,970 | 22,026 | 22,891 | 16,206 | 17,683 | 25,155 | ||
| Noncurrent Liabilities | |||||||||
| Other undisclosed noncurrent liabilities | 5,000 | 5,000 | 5,000 | ||||||
| Total noncurrent liabilities: | 5,000 | 5,000 | 5,000 | ||||||
| Other undisclosed liabilities | 2,751 | 2,558 | |||||||
| Total liabilities: | 23,780 | 23,528 | 22,026 | 22,891 | 21,206 | 22,683 | 30,155 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 49,392 | 50,369 | 49,592 | 52,983 | 78,466 | 78,082 | 76,716 | ||
| Common stock | 297 | 297 | 297 | 297 | 297 | 297 | 297 | ||
| Treasury stock, value | (93,671) | (94,148) | (95,894) | (98,684) | (99,501) | (99,936) | (104,262) | ||
| Additional paid in capital | 199,936 | 200,081 | 200,818 | 202,749 | 203,599 | 203,502 | 205,611 | ||
| Accumulated other comprehensive loss | (647) | (644) | (613) | (582) | (550) | (573) | (582) | ||
| Accumulated deficit | (56,523) | (55,217) | (55,016) | (50,797) | (25,379) | (25,208) | (24,348) | ||
| Total stockholders' equity: | 49,392 | 50,369 | 49,592 | 52,983 | 78,466 | 78,082 | 76,716 | ||
| TOTAL LIABILITIES AND EQUITY: | 73,172 | 73,897 | 71,618 | 75,874 | 99,672 | 100,765 | 106,871 | ||
Income Statement (P&L) ($ in thousands) Annual | Quarterly
| 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 25,335 | 26,334 | 25,129 | 24,957 | 27,361 | 30,305 | 29,130 | |
| Revenue, net | ✕ | ✕ | 25,129 | 24,957 | 27,361 | 30,305 | 29,130 | |
| Cost of revenue (Cost of Goods and Services Sold) | (15,137) | (16,635) | (16,854) | (17,077) | (17,040) | (18,796) | (19,142) | |
| Gross profit: | 10,198 | 9,699 | 8,275 | 7,880 | 10,321 | 11,509 | 9,988 | |
| Operating expenses | (11,416) | (9,685) | (12,329) | (11,584) | (11,054) | (10,892) | (15,387) | |
| Operating income (loss): | (1,218) | 14 | (4,054) | (3,704) | (733) | 617 | (5,399) | |
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | (68) | (139) | (34) | (102) | 33 | (233) | ||
| Income (loss) from continuing operations before income taxes: | (1,286) | (125) | (4,088) | (3,806) | (700) | 617 | (5,632) | |
| Income tax expense (benefit) | (20) | (76) | (131) | (21,611) | 528 | (1,477) | 2,945 | |
| Net loss available to common stockholders, diluted: | (1,306) | (201) | (4,219) | (25,417) | (172) | (860) | (2,687) | |
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (1,306) | (201) | (4,219) | (25,417) | (172) | (860) | (2,687) | |
| Comprehensive loss: | (1,306) | (201) | (4,219) | (25,417) | (172) | (860) | (2,687) | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (2) | (31) | (31) | (32) | 23 | 9 | (2) | |
| Comprehensive loss, net of tax, attributable to parent: | (1,308) | (232) | (4,250) | (25,449) | (149) | (851) | (2,689) | |
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.