Flexpoint Sensor Systems Inc (FLXT) financial statements (2021 and earlier)

Company profile

Business Address 12184 S. BUSINESS PARK DRIVE
DRAPER, UT 84020
State of Incorp. DE
Fiscal Year End December 31
SIC 3829 - Measuring and Controlling Devices, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1701813 231835
Cash and cash equivalents1701813 231835
Receivables261647(2)99796
Inventory, net of allowances, customer advances and progress billings      7
Inventory      7
Other undisclosed current assets27121096994137
Total current assets:22346709422013985
Noncurrent Assets
Property, plant and equipment46911  59
Intangible assets, net (including goodwill)4,8974,9134,9454,9935,0765,1755,270
Goodwill4,8974,8974,8974,8974,8974,8974,897
Intangible assets, net (excluding goodwill) 164896179279373
Deposits noncurrent assets7777777
Total noncurrent assets:4,9074,9264,9605,0115,0835,1825,336
TOTAL ASSETS:5,1304,9725,0315,1045,3035,3215,421
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,7951,7241,186914536758419
Accounts payable178354228173160189212
Accrued liabilities1,6171,370959742375569207
Debt9301,1038071,185451,005560
Derivative instruments and hedges, liabilities 28536476   
Due to related parties219420214041 
Total current liabilities:2,7273,3072,3772,1976211,803979
Noncurrent Liabilities
Other undisclosed noncurrent liabilities219      
Total noncurrent liabilities:219      
Other undisclosed liabilities  81  (140)16
Total liabilities:2,9453,3072,4592,1976211,664995
Stockholders' equity
Stockholders' equity attributable to parent, including:2,1851,6662,5722,9084,6823,6574,426
Common stock100939378725353
Additional paid in capital30,87329,78629,78629,05228,57024,99124,781
Accumulated deficit(28,788)(28,213)(27,306)(26,223)(23,970)(21,388)(20,408)
Other undisclosed stockholders' equity attributable to parent    10  
Total stockholders' equity:2,1851,6662,5722,9084,6823,6574,426
TOTAL LIABILITIES AND EQUITY:5,1304,9725,0315,1045,3035,3215,421

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues833268341314138270101
Cost of revenue(63)(37)(41)(23)(7)(9)(20)
Gross profit:77023129929113226181
Operating expenses(890)(1,028)(1,146)(1,303)(1,283)(1,084)(1,046)
Other undisclosed operating income63      
Operating loss:(57)(798)(847)(1,012)(1,152)(823)(965)
Nonoperating expense(518)(146)(278)(1,105)(1,437)(166)(15)
Interest and debt expense148(317)115(1)(168)(175)(149)
Net loss:(427)(1,260)(1,010)(2,117)(2,757)(1,164)(1,129)
Other undisclosed net income (loss) attributable to parent(148)354(74)24175184169
Net loss available to common stockholders, diluted:(575)(906)(1,084)(2,093)(2,582)(979)(960)

Comprehensive Income ($ in thousands)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net loss:(427)(1,260)(1,010)(2,117)(2,757)(1,164)(1,129)
Comprehensive loss, net of tax, attributable to parent:(427)(1,260)(1,010)(2,117)(2,757)(1,164)(1,129)

Statements sources

The financial statements are based on the company's filings with the 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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