GTY Technology Holdings Inc. (GTYH) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
800 BOYLSTON STREET BOSTON, MA 02199 |
| 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)
| 3/31/2022 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 | 13,329 | 22,800 | 8,374 | 52 | 561 | 1,220 | |||
| Cash and cash equivalent | 13,329 | 22,800 | 8,374 | 52 | 561 | 1,220 | |||
| Receivables | 12,604 | 9,994 | 9,184 | ||||||
| Prepaid expense | 40 | 67 | 21 | ||||||
| Other undisclosed current assets | 4,191 | 2,583 | 3,047 | ||||||
| Total current assets: | 30,124 | 35,377 | 20,605 | 92 | 628 | 1,241 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 722 | 1,355 | ✕ | ✕ | ✕ | ||||
| Operating lease, right-of-use asset | 1,876 | 2,610 | 5,876 | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 3,208 | 3,891 | 3,185 | ||||||
| Intangible assets, net (including goodwill) | 355,336 | 385,742 | 402,423 | ||||||
| Goodwill | 268,808 | 284,635 | 286,635 | ||||||
| Intangible assets, net (excluding goodwill) | 86,528 | 101,107 | 115,788 | ||||||
| Restricted cash and investments | 1 | 556,818 | 552,264 | ||||||
| Other noncurrent assets | 3,678 | 3,472 | 2,304 | ||||||
| Other undisclosed noncurrent assets | 217,641 | ||||||||
| Total noncurrent assets: | 364,820 | 397,070 | 413,788 | 217,642 | 556,818 | 552,264 | |||
| TOTAL ASSETS: | 394,944 | 432,447 | 434,393 | 217,733 | 557,446 | 553,505 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 5,483 | 6,366 | 8,443 | 5,124 | 69 | ||||
| Accounts payable | 5,124 | 69 | |||||||
| Other undisclosed accounts payable and accrued liabilities | 5,483 | 6,366 | 8,443 | ||||||
| Deferred revenue | 26,816 | 22,304 | 17,346 | ✕ | ✕ | ✕ | |||
| Debt | 140 | 1,897 | 2,406 | ||||||
| Business combination, contingent consideration, liability | 13 | 743 | 12,680 | ||||||
| Due to related parties | 60 | 140 | 20 | ||||||
| Other undisclosed current liabilities | 581 | 1,405 | 30 | ||||||
| Total current liabilities: | 33,033 | 31,310 | 40,875 | 6,589 | 170 | 89 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 27,357 | 29,706 | 5,122 | ||||||
| Long-term debt, excluding current maturities | 24,641 | 26,632 | |||||||
| Finance lease, liability | 147 | 811 | ✕ | ✕ | ✕ | ||||
| Liabilities, other than long-term debt | 62,749 | 61,626 | 61,509 | ||||||
| Deferred revenue | 1,979 | 1,602 | ✕ | ✕ | ✕ | ||||
| Deferred income tax liabilities | 17,738 | 17,494 | 20,276 | ✕ | ✕ | ✕ | |||
| Operating lease, liability | 2,716 | 2,927 | 4,311 | ✕ | ✕ | ✕ | |||
| Business combination, contingent consideration, liability | 43,032 | 42,530 | 41,233 | ||||||
| Other undisclosed noncurrent liabilities | 4,868 | 1,264 | 3,250 | 19,320 | 19,320 | ||||
| Total noncurrent liabilities: | 94,974 | 91,332 | 67,895 | 3,250 | 19,320 | 19,320 | |||
| Total liabilities: | 128,007 | 122,642 | 108,770 | 9,839 | 19,490 | 19,409 | |||
| Temporary equity, including noncontrolling interest | 202,895 | 532,956 | 529,096 | ||||||
| Equity | |||||||||
| Equity, attributable to parent, including: | 266,937 | 309,805 | 325,623 | 5,000 | 5,000 | 5,000 | |||
| Treasury stock, value | (8,343) | (5,633) | (5,174) | ||||||
| Additional paid in capital | 401,507 | 390,232 | 369,756 | 1,074 | 4,934 | ||||
| Accumulated other comprehensive income (loss) | (44) | 6 | 370 | ||||||
| Retained earnings (accumulated deficit) | (176,547) | (129,030) | (85,015) | 4,999 | 3,924 | 64 | |||
| Warrants and rights outstanding | 27,093 | 27,093 | 27,093 | ||||||
| Other undisclosed equity, attributable to parent | 23,271 | 27,137 | 18,593 | 1 | 2 | 2 | |||
| Total equity: | 266,937 | 309,805 | 325,623 | 5,000 | 5,000 | 5,000 | |||
| TOTAL LIABILITIES AND EQUITY: | 394,944 | 432,447 | 434,393 | 217,733 | 557,446 | 553,505 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 60,453 | 48,128 | ||||||
| Cost of revenue | (22,372) | (18,468) | ||||||
| Gross profit: | 38,081 | 29,660 | ||||||
| Operating expenses | (83,583) | (72,378) | (1,644) | (6,957) | (694) | |||
| Operating loss: | (45,502) | (42,718) | (1,644) | (6,957) | (694) | |||
| Nonoperating income (expense) | (7,477) | (3,736) | 8,753 | 4,554 | ||||
| Investment income, nonoperating | 8,753 | 4,554 | ||||||
| Interest and debt expense | (69) | (759) | ||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (53,048) | (47,213) | (1,644) | 1,797 | 3,860 | |||
| Other undisclosed income from continuing operations before income taxes | 69 | 759 | ||||||
| Income (loss) from continuing operations before income taxes: | (52,979) | (46,454) | (1,644) | 1,797 | 3,860 | |||
| Income tax expense (benefit) | (849) | 2,439 | 8,595 | |||||
| Income (loss) from continuing operations: | (53,828) | (44,015) | 6,951 | 1,797 | 3,860 | |||
| Income (loss) before gain (loss) on sale of properties: | ✕ | (53,828) | (44,015) | 6,951 | 1,797 | 3,860 | ||
| Net income (loss): | (53,828) | (44,015) | 6,951 | 1,797 | 3,860 | |||
| Other undisclosed net loss attributable to parent | (102,608) | |||||||
| Net income (loss) available to common stockholders, diluted: | (53,828) | (44,015) | (95,657) | 1,797 | 3,860 | |||
Comprehensive Income ($ in thousands)
| 3/31/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (53,828) | (44,015) | 6,951 | 1,797 | 3,860 | |||
| Comprehensive income (loss): | (53,828) | (44,015) | 6,951 | 1,797 | 3,860 | |||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (50) | (364) | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (53,878) | (44,379) | 6,951 | 1,797 | 3,860 | |||
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.