Erf Wireless Inc (ERFB) Financial Statements (2025 and earlier)

Company Profile

Business Address 2911 SOUTH SHORE BLVD
LEAGUE CITY, TX 77573
State of Incorp. NV
Fiscal Year End December 31
Industry (SIC) 3669 - Communications Equipment, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
6/30/2013
Q2
3/31/2013
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments190216421101,28756
Cash and cash equivalent190216421101,28756
Receivables3615511,001682725845
Inventory, net of allowances, customer advances and progress billings262252264313363385
Inventory262252264313363385
Other current assets4337373736 
Prepaid expense and other current assets36
Other undisclosed current assets545525738828710671
Total current assets:1,4011,5812,0821,9703,1211,993
Noncurrent Assets
Property, plant and equipment1,9752,3732,7773,1273,4693,730
Intangible assets, net (including goodwill) 176176176176176176
Goodwill 176176176176176176
Other undisclosed noncurrent assets433737373636
Total noncurrent assets:2,1942,5862,9903,3403,6813,942
TOTAL ASSETS:3,5954,1675,0725,3106,8025,935
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,3122,2852,4571,8261,9921,765
Accounts payable1,0589641,2991,0051,0451,025
Accrued liabilities1,2541,3211,158821947740
Debt3,9753,8533,4353,7423,1931,262
Derivative instruments and hedges, liabilities3153986771,0721,107610
Deferred revenue and credits171321814
Total current liabilities:6,6036,5436,5826,6616,3003,651
Noncurrent Liabilities
Long-term debt and lease obligation, including:108134174233231167
Long-term debt, excluding current maturities6397811,0241,0161,1331,418
Capital lease obligations108134174233231167
Other undisclosed long-term debt and lease obligation(639)(781)(1,024)(1,016)(1,133)(1,418)
Other undisclosed noncurrent liabilities4,9865,2955,3053,5394,1604,797
Total noncurrent liabilities:5,0945,4295,4793,7724,3914,964
Total liabilities:11,69711,97212,06110,43310,6918,615
Equity
Equity, attributable to parent(8,234)(7,936)(7,121)(5,252)(4,016)(2,811)
Preferred stock9910888
Common stock41 15108
Additional paid in capital57,09956,41256,17757,30255,92254,873
Accumulated other comprehensive loss(32)(32)(32)(32)(32)(32)
Accumulated deficit(65,314)(64,326)(63,276)(62,545)(59,924)(57,668)
Equity, attributable to noncontrolling interest132131132129127131
Total equity:(8,102)(7,805)(6,989)(5,123)(3,889)(2,680)
TOTAL LIABILITIES AND EQUITY:3,5954,1675,0725,3106,8025,935

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

9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
6/30/2013
Q2
3/31/2013
Q1
Revenues1,6351,5921,9681,8031,5631,902
Revenue, net1,6351,5921,8771,8031,5631,913
Cost of revenue
(Cost of Product and Service Sold)
(329)(312)(400)(412)(366)(394)
Other undisclosed gross profit(610)(620)(768)(647)(633)(619)
Gross profit:696660800744564889
Operating expenses(1,255)(1,364)(1,683)(1,892)(1,911)(2,018)
Operating loss:(559)(704)(883)(1,148)(1,347)(1,129)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(428)(347)155(1,471)(913)(524)
Interest and debt expense(466)(554)(256)(1,479)(1,030)(758)
Income (loss) from continuing operations:(1,453)(1,605)(984)(4,098)(3,290)(2,411)
Income (loss) before gain (loss) on sale of properties:(1,453)(1,605)(984)(4,098)(3,290)(2,411)
Other undisclosed net income4665542561,4791,030758
Net income (loss):(987)(1,051)(728)(2,619)(2,260)(1,653)
Net income (loss) attributable to noncontrolling interest (1)1(3)(2)4(3)
Net income (loss) available to common stockholders, basic:(988)(1,050)(731)(2,621)(2,256)(1,656)
Other undisclosed net income (loss) available to common stockholders, diluted   (1)2(4)3
Net income (loss) available to common stockholders, diluted:(988)(1,050)(732)(2,619)(2,260)(1,653)

Comprehensive Income ($ in thousands)

9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
6/30/2013
Q2
3/31/2013
Q1
Net income (loss):(987)(1,051)(728)(2,619)(2,260)(1,653)
Comprehensive income (loss):(987)(1,051)(728)(2,619)(2,260)(1,653)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest (1)(1)32(4)3
Other undisclosed comprehensive income (loss), net of tax, attributable to parent   (6)(4)8(6)
Comprehensive income (loss), net of tax, attributable to parent:(988)(1,052)(731)(2,621)(2,256)(1,656)

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.

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