FISION Corp (FSSN) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1650 WEST END BOULEVARD MINNEAPOLIS, MN 55416 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2022 MRQ | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 370 | 8 | 15 | 122 | 11 | 8 | |||
| Cash and cash equivalent | 370 | 8 | 15 | 122 | 11 | 8 | |||
| Receivables | 78 | 1 | 10 | 831 | 40 | ||||
| Prepaid expense | 533 | 32 | 201 | 735 | |||||
| Other undisclosed current assets | 31 | 0 | 20 | 9 | |||||
| Total current assets: | 479 | 8 | 557 | 985 | 272 | 752 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 127 | 0 | 3 | 7 | 5 | 8 | |||
| Intangible assets, net (including goodwill), including: | 731 | 44 | 14 | 14 | 132 | ||||
| Goodwill | 182 | 9 | 14 | 14 | 132 | ||||
| Intangible assets, net (excluding goodwill) | 565 | 35 | |||||||
| Other undisclosed intangible assets, net (including goodwill) | (16) | ||||||||
| Other undisclosed noncurrent assets | 17 | 0 | 68 | 61 | 70 | 6 | |||
| Total noncurrent assets: | 874 | 45 | 85 | 81 | 207 | 15 | |||
| TOTAL ASSETS: | 1,353 | 53 | 643 | 1,066 | 479 | 767 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 1,103 | 984 | 2,155 | 856 | 771 | ||||
| Accrued liabilities | 7 | 101 | 53 | ||||||
| Other undisclosed accounts payable and accrued liabilities | 1,097 | 883 | 2,102 | 856 | 771 | ||||
| Debt | 76 | 89 | 1,029 | 591 | 329 | ||||
| Derivative instruments and hedges, liabilities | 348 | 4,251 | 4,157 | 1,481 | 1,244 | ||||
| Business combination, contingent consideration, liability | |||||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | 10 | |||
| Due to related parties | 21 | 229 | 284 | 271 | 405 | ||||
| Customer advances and deposits | ✕ | ✕ | ✕ | ✕ | ✕ | 249 | |||
| Other undisclosed current liabilities | 922 | 1,754 | 63 | 181 | 1,062 | ||||
| Total current liabilities: | 2,449 | 7,098 | 7,632 | 3,394 | 2,874 | 1,467 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,044 | 363 | 701 | 608 | 300 | ||||
| Long-term debt, excluding current maturities | 1,044 | 363 | 701 | 608 | 300 | ||||
| Liabilities, other than long-term debt | (12) | ||||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | (12) | |||
| Other undisclosed noncurrent liabilities | 359 | 89 | 12 | ||||||
| Total noncurrent liabilities: | 1,403 | 452 | 701 | 608 | 300 | ||||
| Other undisclosed liabilities | (0) | ||||||||
| Total liabilities: | 3,852 | 7,550 | 8,333 | 4,001 | 3,174 | 1,467 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (2,499) | (7,497) | (7,690) | (2,936) | (2,695) | (701) | |||
| Common stock | 46 | 38 | 14 | 7 | 5 | 4 | |||
| Additional paid in capital | 28,929 | 26,768 | 24,108 | 19,572 | 15,822 | 12,734 | |||
| Accumulated deficit | (31,474) | (34,303) | (31,812) | (22,515) | (18,522) | (13,438) | |||
| Other undisclosed equity, attributable to parent | 0 | ||||||||
| Total equity: | (2,499) | (7,497) | (7,690) | (2,936) | (2,695) | (701) | |||
| Other undisclosed liabilities and equity | (0) | ||||||||
| TOTAL LIABILITIES AND EQUITY: | 1,353 | 53 | 643 | 1,066 | 479 | 767 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 620 | 362 | 563 | 505 | 558 | 425 | ||
| Other income | 30 | 48 | 135 | |||||
| Cost of revenue | (158) | (87) | (78) | (81) | (65) | (96) | ||
| Cost of product and service sold | (81) | (65) | (96) | |||||
| Other undisclosed gross profit | 0 | |||||||
| Gross profit: | 463 | 275 | 484 | 424 | 493 | 329 | ||
| Operating expenses | (1,693) | (1,468) | (3,870) | (3,140) | (3,988) | (2,973) | ||
| Other undisclosed operating loss | (0) | |||||||
| Operating loss: | (1,230) | (1,193) | (3,385) | (2,716) | (3,494) | (2,645) | ||
| Nonoperating income (expense) | 4,059 | (1,299) | (5,912) | (1,277) | (1,589) | (173) | ||
| Investment income, nonoperating | ||||||||
| Debt instrument, convertible, beneficial conversion feature | (378) | |||||||
| Other nonoperating income (expense) | 4,059 | 757 | (139) | (14) | ||||
| Interest and debt expense | 1,439 | 40 | (210) | (259) | (1,185) | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | 4,268 | (2,451) | (9,507) | (4,252) | (6,268) | (2,818) | ||
| Other undisclosed income from continuing operations before income taxes | 0 | |||||||
| Income (loss) from continuing operations: | 4,268 | (2,451) | (9,507) | (4,252) | (6,268) | (2,818) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | (2,451) | (9,507) | (4,252) | (6,268) | (2,818) | |
| Other undisclosed net income (loss) | (40) | |||||||
| Net income (loss): | 4,268 | (2,492) | (9,507) | (4,252) | (6,268) | (2,818) | ||
| Other undisclosed net income (loss) attributable to parent | (1,439) | 210 | 259 | 1,185 | 0 | |||
| Net income (loss) available to common stockholders, basic: | 2,829 | (2,492) | (9,297) | (3,993) | (5,084) | (2,818) | ||
| Interest on convertible debt | (46) | |||||||
| Net income (loss) available to common stockholders, diluted: | 2,829 | (2,492) | (9,343) | (3,993) | (5,084) | (2,818) | ||
Comprehensive Income ($ in thousands)
| 9/30/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 4,268 | (2,492) | (9,507) | (4,252) | (6,268) | (2,818) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 4,268 | (2,492) | (9,507) | (4,252) | (6,268) | (2,818) | ||
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.