Fluent, Inc. (FLNT) Financial Statements (2023 and Earlier)

Company Profile

Business Address 300 VESEY STREET
NEW YORK, NY 10282
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 731 - Advertising (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments34,46715,61525,13932,66021,08715,39420,218
Cash and cash equivalents34,46715,61525,13932,66021,08715,39420,218
Receivables70,22876,56865,90558,00462,66959,41155,304
Other undisclosed current assets2,5052,2081,6723,3032,4352,8781,996
Total current assets:107,20094,39192,71693,96786,19177,68377,518
Noncurrent Assets
Operating lease, right-of-use asset6,8057,0337,4607,8758,2848,6659,063
Property, plant and equipment1,4571,6411,8312,0252,2012,3962,566
Intangible assets, net (including goodwill)200,835203,141205,566208,185210,505213,237216,182
Goodwill165,088165,088165,088165,088165,088165,088165,088
Intangible assets, net (excluding goodwill)35,74738,05340,47843,09745,41748,14951,094
Other noncurrent assets1,8851,8571,8171,7551,5591,8521,592
Other undisclosed noncurrent assets 1,4801,4801,4801,4801,4801,480
Total noncurrent assets:210,982215,152218,154221,320224,029227,630230,883
TOTAL ASSETS:318,182309,543310,870315,287310,220305,313308,401
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities16,13016,18516,36413,4847,6927,47811,601
Accounts payable16,13016,18516,36413,4847,6927,47811,601
Deferred revenue6517221,2221,9351,3732,4402,468
Debt5,0005,0006,2506,2507,2934,7509,677
Other undisclosed current liabilities36,15931,08624,48426,45333,85928,51223,306
Total current liabilities:57,94052,99348,32048,12250,21743,18047,052
Noncurrent Liabilities
Long-term debt and lease obligation46,02147,49949,08850,69740,57344,12446,291
Long-term debt, excluding current maturities40,32941,50742,68343,84833,28336,38838,115
Operating lease, liability5,6925,9926,4056,8497,2907,7368,176
Liabilities, other than long-term debt8116735,1084,2592,5451,8651,243
Other liabilities8116735,1084,2592,5451,8651,243
Total noncurrent liabilities:46,83248,17254,19654,95643,11845,98947,534
Total liabilities:104,772101,165102,516103,07893,33589,16994,586
Stockholders' equity
Stockholders' equity attributable to parent213,410208,378208,354212,209216,885216,144213,815
Common stock42424141404040
Treasury stock, value(10,723)(10,718)(10,666)(10,623)(9,999)(9,974)(9,930)
Additional paid in capital419,059417,852415,325413,958411,753411,165409,961
Accumulated deficit(194,968)(198,798)(196,346)(191,167)(184,909)(185,087)(186,256)
Total stockholders' equity:213,410208,378208,354212,209216,885216,144213,815
TOTAL LIABILITIES AND EQUITY:318,182309,543310,870315,287310,220305,313308,401

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

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Revenues99,84485,85873,37870,17081,99678,28071,509
Cost of revenue(72,260)(63,978)(56,802)(51,285)(56,542)(52,966)(49,201)
Cost of goods and services sold(72,337)(63,784)(56,605)(50,990)(56,733)(52,771)(49,007)
Gross profit:27,58421,88016,57618,88525,45425,31422,308
Operating expenses(23,163)(23,927)(21,328)(21,172)(23,351)(22,763)(20,523)
Operating income (loss):4,421(2,047)(4,752)(2,287)2,1032,5511,785
Interest and debt expense(344)(405)(427)(3,972)(1,168)(1,317)(1,333)
Income (loss) from continuing operations before income taxes:4,077(2,452)(5,179)(6,259)9351,234452
Income tax expense (benefit)(247)  1(757)(65) 
Net income (loss) available to common stockholders, diluted:3,830(2,452)(5,179)(6,258)1781,169452

Comprehensive Income ($ in thousands)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Net income (loss):3,830(2,452)(5,179)(6,258)1781,169452
Comprehensive income (loss), net of tax, attributable to parent:3,830(2,452)(5,179)(6,258)1781,169452

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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