Edgio Inc. (EGIO) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
11811 N. TATUM BLVD. PHOENIX, AZ 85028 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 74,009 | 79,285 | 123,723 | 18,335 | 50,466 | 49,316 | |||
| Cash and cash equivalent | 55,275 | 41,918 | 46,795 | 18,335 | 25,383 | 20,912 | |||
| Short-term investments | 18,734 | 37,367 | 76,928 | 25,083 | 28,404 | ||||
| Receivables | 101,717 | 47,059 | 36,135 | 37,626 | 28,185 | 33,933 | |||
| Capitalized contract cost | 870 | ✕ | |||||||
| Other undisclosed current assets | 19,389 | 8,255 | 11,196 | 6,852 | 11,897 | 3,943 | |||
| Total current assets: | 195,115 | 134,599 | 171,054 | 62,813 | 91,418 | 87,192 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 5,290 | 6,338 | 10,150 | 12,842 | ✕ | ✕ | |||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 73,467 | 33,622 | 46,418 | 46,136 | 27,378 | 28,991 | |||
| Long-term investments and receivables | 40 | 40 | 40 | 40 | 40 | ||||
| Long-term investments | 40 | 40 | 40 | 40 | 40 | ||||
| Intangible asset, including goodwill, after accumulated amortization | 260,817 | 129,124 | 77,753 | 77,102 | 76,407 | 77,054 | |||
| Goodwill | 169,156 | 114,511 | 77,753 | 77,102 | 76,407 | 77,054 | |||
| Intangible asset, excluding goodwill, after accumulated amortization | 91,661 | 14,613 | |||||||
| Capitalized contract cost, net | 597 | ✕ | |||||||
| Deferred income tax assets | 2,338 | 1,893 | 1,530 | 1,319 | ✕ | ✕ | |||
| Other noncurrent assets | 5,353 | 5,485 | 7,233 | 9,117 | 2,220 | 1,665 | |||
| Other undisclosed noncurrent assets | 865 | 1,506 | |||||||
| Total noncurrent assets: | 347,265 | 176,502 | 143,124 | 146,556 | 107,507 | 109,256 | |||
| TOTAL ASSETS: | 542,380 | 311,101 | 314,178 | 209,369 | 198,925 | 196,448 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 55,909 | 12,504 | 4,840 | 12,198 | 9,340 | 4,891 | |||
| Taxes payable | ✕ | ✕ | 873 | 253 | 178 | 124 | 452 | ||
| Accounts payable | 52,776 | 11,631 | 4,587 | 12,020 | 9,216 | 4,439 | |||
| Accrued liabilities | 3,133 | ||||||||
| Deferred revenue | 9,286 | 3,266 | 933 | 976 | ✕ | ✕ | |||
| Debt | 6,346 | 2,056 | |||||||
| Restructuring reserve | |||||||||
| Estimated litigation liability | 9,000 | 18,000 | |||||||
| Other liabilities | 76,160 | 19,292 | 17,560 | 13,398 | 12,922 | 18,507 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 1,187 | ||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | 1,883 | ✕ | ||
| Other undisclosed current liabilities | 4,557 | 1,861 | 2,465 | ||||||
| Total current liabilities: | 152,258 | 36,923 | 25,798 | 28,628 | 33,145 | 42,585 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 136,415 | 131,398 | 112,210 | 13,488 | |||||
| Long-term debt, excluding current maturities | 122,631 | 121,782 | 100,945 | ||||||
| Finance lease, liability | 13,784 | ✕ | ✕ | ||||||
| Liabilities, other than long-term debt | 14,384 | 1,201 | 978 | 716 | 477 | 9,574 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 16 | ||
| Deferred revenue | 2,949 | 116 | 220 | 161 | ✕ | ✕ | |||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | 42 | ✕ | ||
| Deferred income tax liabilities | 596 | 308 | 279 | 239 | ✕ | ✕ | |||
| Estimated litigation liability | 9,000 | ||||||||
| Other liabilities | 1,658 | 777 | 479 | 316 | 435 | 558 | |||
| Operating lease, liability | 9,181 | 9,616 | 11,265 | 13,488 | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | 152 | 144 | |||||||
| Total noncurrent liabilities: | 150,799 | 132,599 | 113,188 | 14,204 | 629 | 9,718 | |||
| Total liabilities: | 303,057 | 169,522 | 138,986 | 42,832 | 33,774 | 52,303 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 239,323 | 141,579 | 175,192 | 166,537 | 165,151 | 144,145 | |||
| Common stock | 222 | 134 | 124 | 118 | 114 | 111 | |||
| Additional paid in capital | 807,507 | 576,807 | 556,512 | 530,285 | 513,682 | 502,312 | |||
| Accumulated other comprehensive loss | (11,665) | (8,345) | (7,511) | (9,210) | (10,033) | (8,328) | |||
| Accumulated deficit | (573,041) | (427,017) | (373,933) | (354,656) | (338,612) | (349,950) | |||
| Other undisclosed equity, attributable to parent | 16,300 | ||||||||
| Total equity: | 239,323 | 141,579 | 175,192 | 166,537 | 165,151 | 144,145 | |||
| TOTAL LIABILITIES AND EQUITY: | 542,380 | 311,101 | 314,178 | 209,369 | 198,925 | 196,448 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 338,598 | 217,630 | 230,194 | 200,634 | 195,670 | 184,360 | ||
| Cost of revenue | (231,058) | (157,281) | (147,088) | (119,090) | (102,197) | (96,561) | ||
| Cost of product and service sold | (231,058) | (157,281) | (147,088) | (119,090) | (16,277) | (18,138) | ||
| Gross profit: | 107,540 | 60,349 | 83,106 | 81,544 | 93,473 | 87,799 | ||
| Operating expenses | (255,376) | (107,739) | (97,500) | (97,269) | (98,313) | (95,869) | ||
| Operating loss: | (147,836) | (47,390) | (14,394) | (15,725) | (4,840) | (8,070) | ||
| Nonoperating income (expense) | (9,763) | (6,217) | (4,238) | 431 | 15,220 | 866 | ||
| Investment income, nonoperating | 510 | 134 | 69 | 427 | 670 | 494 | ||
| Other nonoperating income (expense) | (4,179) | (1,106) | (368) | 80 | (264) | 452 | ||
| Interest and debt expense | (6,094) | (5,245) | (3,939) | (76) | (86) | (80) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 80 | |||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (163,693) | (58,852) | (22,571) | (15,370) | 10,294 | (7,204) | ||
| Other undisclosed income from continuing operations before income taxes | 6,094 | 5,245 | 3,939 | 76 | 86 | |||
| Income (loss) from continuing operations before income taxes: | (157,599) | (53,607) | (18,632) | (15,294) | 10,380 | (7,204) | ||
| Income tax expense (benefit) | 21,080 | (1,154) | (645) | (750) | (538) | (426) | ||
| Income (loss) from continuing operations: | (136,519) | (54,761) | (19,277) | (16,044) | 9,842 | (7,630) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | (54,761) | (19,277) | (16,044) | 9,842 | (7,630) | |
| Net income (loss) available to common stockholders, diluted: | (136,519) | (54,761) | (19,277) | (16,044) | 9,842 | (7,630) | ||
Comprehensive Income ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (136,519) | (54,761) | (19,277) | (16,044) | 9,842 | (7,630) | ||
| Other comprehensive income | 2,710 | |||||||
| Comprehensive income (loss): | (136,519) | (54,761) | (19,277) | (16,044) | 9,842 | (4,920) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (3,320) | (834) | 1,699 | 823 | (1,705) | |||
| Comprehensive income (loss), net of tax, attributable to parent: | (139,839) | (55,595) | (17,578) | (15,221) | 8,137 | (4,920) | ||
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.