Glowpoint, Inc. (GLOW) financial statements (2021 and earlier)
Company profile
| Business Address |
999 18TH STREET DENVER, CO 80202 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 4813 - Telephone Communications, Except Radiotelephone (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 9/30/2019 TTM | 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 investments | 2 | 4 | 1 | 2 | 2 | 2 | |||
| Cash and cash equivalents | 2 | 4 | 1 | 2 | 2 | 2 | |||
| Restricted cash and investments | 0 | 0 | |||||||
| Receivables | 1 | 1 | 2 | 3 | 3 | 4 | |||
| Prepaid expense | 0 | 0 | 1 | 0 | 0 | 0 | |||
| Deferred costs | 0 | 0 | 0 | ||||||
| Income taxes receivable | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 0 | ||
| Other undisclosed current assets | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Total current assets: | 4 | 6 | 4 | 5 | 6 | 7 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 1 | 1 | 2 | 3 | 3 | 3 | |||
| Intangible assets, net (including goodwill) | 3 | 8 | 11 | 12 | 13 | 16 | |||
| Goodwill | 3 | 8 | 9 | 10 | 10 | 10 | |||
| Intangible assets, net (excluding goodwill) | 0 | 1 | 1 | 2 | 3 | 6 | |||
| Other noncurrent assets | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Total noncurrent assets: | 4 | 10 | 13 | 15 | 16 | 19 | |||
| TOTAL ASSETS: | 8 | 15 | 17 | 20 | 23 | 26 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1 | 1 | 1 | 2 | 3 | 5 | |||
| Accounts payable | 0 | 0 | 0 | 0 | 1 | 2 | |||
| Accrued liabilities | 1 | 1 | 1 | 1 | 2 | 2 | |||
| Employee-related liabilities | 0 | 1 | |||||||
| Interest and dividends payable | 0 | 0 | 0 | 0 | |||||
| Debt | 1 | 11 | 0 | 0 | 1 | ||||
| Restructuring reserve | 0 | ✕ | |||||||
| Deferred revenue and credits | ✕ | ✕ | 0 | 0 | |||||
| Customer advances and deposits | ✕ | ✕ | 0 | ✕ | |||||
| Other undisclosed current liabilities | 0 | 0 | 0 | (0) | (0) | ||||
| Total current liabilities: | 1 | 3 | 12 | 3 | 4 | 6 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 0 | 11 | 11 | 10 | |||||
| Long-term debt, excluding current maturities | 0 | 11 | 11 | 10 | |||||
| Capital lease obligations | ✕ | 0 | 0 | ||||||
| Liabilities, other than long-term debt | 0 | 0 | 0 | ||||||
| Deferred tax liabilities, net | ✕ | 0 | 0 | 0 | |||||
| Total noncurrent liabilities: | 0 | 0 | 11 | 11 | 10 | ||||
| Total liabilities: | 1 | 3 | 13 | 14 | 15 | 16 | |||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 7 | 12 | 4 | 6 | 8 | 10 | |||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Treasury stock, value | (0) | (0) | (0) | (0) | (0) | ||||
| Additional paid in capital | 185 | 183 | 180 | 179 | 178 | 177 | |||
| Accumulated deficit | (178) | (171) | (176) | (173) | (171) | (168) | |||
| Other undisclosed stockholders' equity attributable to parent | 0 | 0 | 0 | 0 | |||||
| Total stockholders' equity: | 7 | 12 | 4 | 6 | 8 | 10 | |||
| TOTAL LIABILITIES AND EQUITY: | 8 | 15 | 17 | 20 | 23 | 26 | |||
Income statement (P&L) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 13 | 15 | 19 | 26 | 32 | 33 | ||
| Revenue, net | ✕ | ✕ | 15 | 19 | 26 | 32 | 33 | |
| Cost of revenue | (8) | (10) | (13) | (16) | (19) | (19) | ||
| Gross profit: | 5 | 5 | 6 | 9 | 13 | 15 | ||
| Operating expenses | (12) | (7) | (9) | (10) | (14) | (16) | ||
| Operating loss: | (7) | (2) | (2) | (0) | (1) | (1) | ||
| Nonoperating income (expense) | (0) | 8 | (2) | (1) | (1) | (3) | ||
| Interest and debt expense | 0 | 9 | (0) | (1) | (1) | (1) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (7) | 15 | (4) | (3) | (4) | (5) | ||
| Other undisclosed loss from continuing operations before income taxes | (0) | |||||||
| Income (loss) from continuing operations before income taxes: | (7) | 15 | (4) | (3) | (4) | (5) | ||
| Income tax expense (benefit) | (0) | 0 | 0 | (0) | (0) | 0 | ||
| Net income (loss): | (7) | 15 | (4) | (4) | (4) | (5) | ||
| Other undisclosed net income (loss) attributable to parent | (9) | 0 | 1 | 1 | 1 | |||
| Net income (loss) attributable to parent: | (7) | 6 | (4) | (2) | (3) | (4) | ||
| Preferred stock dividends and other adjustments | (0) | (0) | (0) | (0) | (0) | (0) | ||
| Net income (loss) available to common stockholders, diluted: | (7) | 6 | (4) | (2) | (3) | (4) | ||
Comprehensive Income ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (7) | 15 | (4) | (4) | (4) | (5) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (7) | 15 | (4) | (4) | (4) | (5) | ||
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.