Fab Universal Corp (FABU) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
5001 BAUM BOULEVARD PITTSBURGH, PA 15213 |
| State of Incorp. | CO |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | 12/31/2012 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments, including: | 95,168 | 99,547 | 59,445 | 43,489 | 29,768 | ||||
| Cash and cash equivalents | 96,820 | 99,547 | 59,445 | 43,489 | 29,768 | ||||
| Other undisclosed cash, cash equivalents, and short-term investments | (1,652) | ||||||||
| Restricted cash and investments | 1,652 | ||||||||
| Receivables | 5,857 | 7,555 | 10,264 | 9,126 | 8,637 | ||||
| Inventory, net of allowances, customer advances and progress billings | 1,005 | 686 | 6,553 | 7,373 | 5,219 | ✕ | |||
| Inventory | 1,005 | 686 | 6,553 | 7,373 | 5,219 | ||||
| Prepaid expense | 268 | 268 | ✕ | ||||||
| Deferred costs | 419 | 459 | |||||||
| Advances on inventory purchases | 94 | 82 | 82 | 229 | |||||
| Other current assets | 1,028 | 591 | 713 | 847 | ✕ | ||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | 614 | |||
| Other undisclosed current assets | 4,123 | 2,830 | 1,850 | 1,600 | 1,968 | ||||
| Total current assets: | 107,276 | 112,942 | 79,594 | 63,161 | 46,434 | ||||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 15,871 | 16,574 | 16,483 | 16,661 | 16,469 | ||||
| Long-term investments and receivables | 19,568 | 20,093 | 39,477 | 39,536 | 26,201 | ||||
| Long-term investments | 19,568 | 20,093 | 39,477 | 39,536 | 26,201 | ||||
| Intangible assets, net (including goodwill) | 82,735 | 85,996 | 86,269 | 86,989 | 87,485 | ✕ | |||
| Goodwill | 60,772 | 62,093 | 61,538 | 61,407 | 60,841 | ||||
| Intangible assets, net (excluding goodwill) | 21,963 | 23,903 | 24,731 | 25,582 | 26,644 | ||||
| Prepaid expense | 309 | 3,304 | ✕ | ||||||
| Other undisclosed noncurrent assets | 4,624 | 1,924 | 5,238 | 4,542 | 3,817 | ||||
| Total noncurrent assets: | 123,106 | 127,891 | 147,466 | 147,728 | 133,971 | ||||
| TOTAL ASSETS: | 230,382 | 240,833 | 227,060 | 210,889 | 180,405 | ||||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 8,052 | 12,104 | 15,923 | 14,072 | 13,950 | ||||
| Taxes payable | 2,609 | 2,804 | 2,376 | 1,671 | |||||
| Accounts payable | 3,505 | 3,310 | 7,451 | 6,675 | 7,371 | ||||
| Accounts payable and other accrued liabilities | ✕ | ✕ | 1,976 | 1,957 | 1,952 | 2,066 | |||
| Accrued liabilities | 4,547 | 4,210 | 3,710 | 3,070 | 2,842 | ||||
| Debt | 6,112 | 7,929 | 1,798 | 1,909 | 3,616 | ||||
| Deferred revenue and credits | 15,959 | 15,457 | 13,095 | 11,970 | 9,192 | ||||
| Due to related parties | 122 | 123 | 122 | 122 | 41 | ||||
| Other undisclosed current liabilities | 3,439 | 1,239 | |||||||
| Total current liabilities: | 33,683 | 36,851 | 30,937 | 28,073 | 26,800 | ||||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 16,087 | 16,518 | 16,337 | 16,294 | |||||
| Long-term debt, excluding current maturities | 16,087 | 16,518 | 16,337 | 16,294 | |||||
| Liabilities, other than long-term debt | 21,904 | 27,677 | 27,338 | 21,426 | 15,652 | ||||
| Customer advances or deposits | 2,066 | 2,245 | 2,359 | 2,513 | 2,484 | ||||
| Deferred revenue and credits | 19,838 | 25,433 | 24,979 | 18,913 | 13,168 | ||||
| Total noncurrent liabilities: | 37,990 | 44,195 | 43,675 | 37,720 | 15,652 | ||||
| Total liabilities: | 71,674 | 81,047 | 74,612 | 65,793 | 42,451 | ||||
| Equity | |||||||||
| Equity, attributable to parent | 158,709 | 159,787 | 152,448 | 145,096 | 137,954 | ||||
| Common stock | 21 | 21 | 21 | 21 | 21 | ||||
| Additional paid in capital | 208,742 | 207,903 | 207,717 | 207,530 | 207,315 | ||||
| Accumulated other comprehensive income | 1,546 | 5,469 | 3,766 | 3,417 | 1,875 | ||||
| Accumulated deficit | (51,601) | (53,607) | (59,056) | (65,871) | (71,257) | ||||
| Total equity: | 158,709 | 159,787 | 152,448 | 145,096 | 137,954 | ||||
| TOTAL LIABILITIES AND EQUITY: | 230,382 | 240,833 | 227,060 | 210,889 | 180,405 | ||||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | 12/31/2012 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 14,744 | 32,628 | 29,752 | 25,857 | 22,636 | |||
| Cost of revenue | (6,352) | (19,174) | (15,661) | (14,363) | (14,262) | |||
| Gross profit: | 8,392 | 13,454 | 14,090 | 11,495 | 8,375 | |||
| Operating expenses | (4,769) | (4,482) | (4,887) | (4,047) | (4,118) | |||
| Operating income: | 3,623 | 8,972 | 9,203 | 7,448 | 4,257 | |||
| Nonoperating expense | (489) | (1,749) | (523) | (404) | (10) | |||
| Investment income, nonoperating | 72 | 90 | 41 | 8 | 29 | |||
| Other nonoperating income (expense) | 5 | (1,297) | (48) | (85) | 1 | |||
| Interest and debt expense | (566) | (2,305) | (515) | (327) | (39) | |||
| Income from continuing operations before equity method investments, income taxes: | 2,568 | 4,918 | 8,165 | 6,717 | 4,208 | |||
| Other undisclosed income from continuing operations before income taxes | 566 | 2,305 | 515 | 327 | 39 | |||
| Income from continuing operations before income taxes: | 3,134 | 7,223 | 8,680 | 7,044 | 4,247 | |||
| Income tax expense | (1,127) | (1,774) | (1,865) | (1,659) | (1,243) | |||
| Income from continuing operations: | 2,007 | 5,449 | 6,816 | 5,385 | 3,004 | |||
| Income before gain (loss) on sale of properties: | 2,007 | 5,449 | 6,816 | 5,385 | 3,004 | |||
| Net income available to common stockholders, diluted: | 2,007 | 5,449 | 6,816 | 5,385 | 3,004 | |||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | 12/31/2012 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 2,007 | 5,449 | 6,816 | 5,385 | 3,004 | |||
| Comprehensive income: | 2,007 | 5,449 | 6,816 | 5,385 | 3,004 | |||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (3,923) | 1,703 | 349 | 1,543 | 490 | |||
| Comprehensive income (loss), net of tax, attributable to parent: | (1,917) | 7,152 | 7,165 | 6,928 | 3,494 | |||
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.