Galaxy Gaming, Inc. (GLXZ) financial statements (2022 and earlier)

Company profile

Business Address 6480 CAMERON STREET
LAS VEGAS, NV 89118
State of Incorp.
Fiscal Year End December 31
SIC 79 - Amusement And Recreation Services (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments16,0595,993  3,4862,305571
Cash and cash equivalents16,0595,993  3,4862,305571
Restricted cash and investments    958598
Receivables5,9143,7233,3602,8502,3022,1371,829
Inventory, net of allowances, customer advances and progress billings770669666532524427412
Inventory770669666532524427412
Prepaid expense1,1261,167    106
Deferred tax assets   43
Other current assets2211    2
Other undisclosed current assets  10,4486,825363195 
Total current assets:23,89011,56314,47410,2076,7705,1483,061
Noncurrent Assets
Operating lease, right-of-use asset1,1681,36838
Property, plant and equipment99117145200264  
Intangible assets, net (including goodwill)14,76817,1788,5229,98111,45312,84614,353
Goodwill1,0911,0911,0911,0911,0911,0911,091
Intangible assets, net (excluding goodwill)13,67716,0877,4318,89010,36211,75513,262
Regulated entity, other noncurrent assets   95   
Other noncurrent assets167117  238242
Deferred tax assets, net33423136783
Other undisclosed noncurrent assets361232805377374568433
Total noncurrent assets:16,56319,0129,50910,98712,34413,86414,910
TOTAL ASSETS:40,45330,57523,98321,19419,11419,01217,971
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities3,0401,7542,2172,0602,4432,3582,416
Accounts payable3744687666821,0354621,422
Accrued liabilities2,6661,2861,4511,2968881,109824
Taxes payable   82520786170
Deferred revenue38291,294
Debt1,1002,2221,6541,4711,1961,2304,707
Deferred rent credit   14
Deferred revenue and credits1,1071,030724
Contract with customer, liability1,438
Other liabilities   7123  
Other undisclosed current liabilities223195   91107
Total current liabilities:4,4014,2015,1654,9914,8694,7097,954
Noncurrent Liabilities
Long-term debt and lease obligation53,16350,90746,3108,6507,4358,7167,514
Long-term debt, excluding current maturities52,14449,69146,2918,6507,4208,6697,436
Capital lease obligations 144778
Operating lease, liability1,0191,21619
Liabilities, other than long-term debt17526414096599553
Deferred revenue and credits143853
Deferred income tax liabilities175198 
Liability for uncertainty in income taxes    4457 
Derivative instruments and hedges, liabilities 6614096   
Other undisclosed noncurrent liabilities    1,289867 
Total noncurrent liabilities:53,33851,17046,4508,7468,7829,6777,567
Total liabilities:57,73955,37251,61613,73713,65114,38615,521
Stockholders' equity
Stockholders' equity attributable to parent(17,286)(24,797)(27,633)7,4575,4634,6262,450
Common stock24221840403939
Additional paid in capital16,38110,7995,7964,7343,9583,1092,964
Accumulated other comprehensive income (loss)(147)38    240
Retained earnings (accumulated deficit)(33,543)(35,655)(33,446)2,6831,4661,477(792)
Total stockholders' equity:(17,286)(24,797)(27,633)7,4575,4634,6262,450
TOTAL LIABILITIES AND EQUITY:40,45330,57523,98321,19419,11419,01217,971

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues19,98410,23021,30118,56114,85612,45110,952
Revenue, net14,85612,45110,952
Cost of revenue(1,277)(897)(1,215)(2,759)(1,302)(1,155)(361)
Cost of goods and services sold(81)(73)(230)(143)(226)(134)(96)
Gross profit:18,7079,33320,08615,80213,55411,29610,591
Operating expenses(14,362)(11,588)(16,013)(11,830)(11,050)(7,907)(9,118)
Operating income (loss):4,345(2,255)4,0733,9722,5043,3891,474
Nonoperating expense(2,185)(560)(1,119)(2,557)(1,950)(853)(1,034)
Foreign currency transaction gain (loss), before tax(65)(35)46(56)156301 
Interest and debt expense(1,505)(683)(1,190)(1,349)(1,697)(515)(1,047)
Income (loss) from continuing operations before equity method investments, income taxes:655(3,498)1,76365(1,144)2,021(608)
Other undisclosed income from continuing operations before income taxes1,5056831,1901,3491,6975151,047
Income (loss) from continuing operations before income taxes:2,160(2,815)2,9531,4155532,536439
Income tax expense (benefit)(49)606(10)(197)(565)(771)(252)
Net income (loss) available to common stockholders, diluted:2,112(2,209)2,9431,218(11)1,765188

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):2,112(2,209)2,9431,218(11)1,765188
Other comprehensive income      267
Comprehensive income (loss):2,112(2,209)2,9431,218(11)1,765455
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(185)38     
Comprehensive income (loss), net of tax, attributable to parent:1,927(2,171)2,9431,218(11)1,765455

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: