GTY Technology Holdings Inc. (GTYH) Financial Statements (2026 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)Annual | Quarterly
| 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 13,329 | 15,327 | 15,359 | 17,936 | 22,800 | 6,218 | |||
| Cash and cash equivalent | 13,329 | 15,327 | 15,359 | 17,936 | 22,800 | 6,218 | |||
| Receivables | 12,604 | 11,068 | 12,045 | 10,752 | 9,994 | 10,468 | |||
| Other undisclosed current assets | 4,191 | 4,029 | 4,228 | 3,855 | 2,583 | 4,063 | |||
| Total current assets: | 30,124 | 30,424 | 31,632 | 32,543 | 35,377 | 20,749 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 722 | 778 | 1,277 | 1,330 | 1,355 | ||||
| Operating lease, right-of-use asset | 1,876 | 2,063 | 2,378 | 2,539 | 2,610 | 4,720 | |||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 3,208 | 3,312 | 3,471 | 3,651 | 3,891 | 5,603 | |||
| Intangible asset, including goodwill, after accumulated amortization | 355,336 | 374,831 | 378,499 | 382,143 | 385,742 | 391,425 | |||
| Goodwill | 268,808 | 284,635 | 284,635 | 284,635 | 284,635 | 286,635 | |||
| Intangible asset, excluding goodwill, after accumulated amortization | 86,528 | 90,196 | 93,864 | 97,508 | 101,107 | 104,790 | |||
| Other noncurrent assets | 3,678 | 3,625 | 3,748 | 3,736 | 3,472 | 2,806 | |||
| Total noncurrent assets: | 364,820 | 384,609 | 389,373 | 393,399 | 397,070 | 404,554 | |||
| TOTAL ASSETS: | 394,944 | 415,033 | 421,005 | 425,942 | 432,447 | 425,303 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 5,483 | 4,939 | 5,285 | 5,556 | 6,366 | 7,310 | |||
| Other undisclosed accounts payable and accrued liabilities | 5,483 | 4,939 | 5,285 | 5,556 | 6,366 | 7,310 | |||
| Deferred revenue | 26,816 | 24,994 | 24,656 | 23,345 | 22,304 | 20,760 | |||
| Debt | 140 | 246 | 483 | 580 | 1,897 | 14,004 | |||
| Business combination, contingent consideration, liability | 13 | 317 | 729 | 729 | 743 | 685 | |||
| Other undisclosed current liabilities | 581 | 799 | 1,174 | 1,133 | |||||
| Total current liabilities: | 33,033 | 31,295 | 32,327 | 31,343 | 31,310 | 42,759 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 27,357 | 27,069 | 26,791 | 29,615 | 29,706 | 6,788 | |||
| Long-term debt, excluding current maturities | 24,641 | 24,331 | 24,021 | 26,694 | 26,632 | 3,210 | |||
| Finance lease, liability | 3 | 8 | 5 | 147 | 314 | ||||
| Liabilities, other than long-term debt | 62,749 | 64,822 | 64,909 | 63,010 | 61,626 | 59,097 | |||
| Deferred revenue | 1,979 | 1,785 | 2,158 | 2,236 | 1,602 | ||||
| Deferred income tax liabilities | 17,738 | 17,307 | 17,871 | 17,144 | 17,494 | 17,867 | |||
| Operating lease, liability | 2,716 | 2,735 | 2,762 | 2,916 | 2,927 | 3,264 | |||
| Business combination, contingent consideration, liability | 43,032 | 45,730 | 44,880 | 43,630 | 42,530 | 41,230 | |||
| Other undisclosed noncurrent liabilities | 4,868 | 7,063 | 6,607 | 7,078 | 2,577 | ||||
| Total noncurrent liabilities: | 94,974 | 98,954 | 98,307 | 99,703 | 91,332 | 68,462 | |||
| Total liabilities: | 128,007 | 130,249 | 130,634 | 131,046 | 122,642 | 111,221 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 266,937 | 284,784 | 290,371 | 294,896 | 309,805 | 314,082 | |||
| Treasury stock, value | (8,343) | (8,343) | (8,343) | (8,343) | (5,633) | (5,174) | |||
| Additional paid in capital | 401,507 | 398,286 | 394,950 | 393,082 | 390,232 | 380,729 | |||
| Accumulated other comprehensive income (loss) | (44) | (55) | (663) | 261 | 6 | 683 | |||
| Accumulated deficit | (176,547) | (155,747) | (146,216) | (140,747) | (129,030) | (116,606) | |||
| Warrants and rights outstanding | 27,093 | 27,093 | 27,093 | 27,093 | 27,093 | 27,093 | |||
| Other undisclosed equity, attributable to parent | 23,271 | 23,550 | 23,550 | 23,550 | 27,137 | 27,357 | |||
| Total equity: | 266,937 | 284,784 | 290,371 | 294,896 | 309,805 | 314,082 | |||
| TOTAL LIABILITIES AND EQUITY: | 394,944 | 415,033 | 421,005 | 425,942 | 432,447 | 425,303 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 16,620 | 16,257 | 14,317 | 13,259 | 13,101 | 12,587 | ||
| Cost of revenue | (6,500) | (5,914) | (5,216) | (4,742) | (4,927) | (4,620) | ||
| Gross profit: | 10,120 | 10,343 | 9,101 | 8,517 | 8,174 | 7,967 | ||
| Operating expenses | (31,096) | (18,812) | (17,022) | (16,653) | (19,299) | (15,239) | ||
| Operating loss: | (20,976) | (8,469) | (7,921) | (8,136) | (11,125) | (7,272) | ||
| Nonoperating income (expense) | 1,179 | (1,155) | 2,561 | (10,062) | (1,670) | (1,137) | ||
| Other nonoperating income (expense) | (153) | 90 | (28) | 168 | (359) | (696) | ||
| Interest and debt expense | 579 | (14) | (26) | 239 | (364) | |||
| Loss from continuing operations before equity method investments, income taxes: | (19,218) | (9,638) | (5,386) | (17,959) | (13,159) | (8,409) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (579) | 14 | 26 | (239) | 364 | |||
| Loss from continuing operations before income taxes: | (19,797) | (9,624) | (5,360) | (18,198) | (12,795) | (8,409) | ||
| Income tax expense (benefit) | (1,003) | 93 | (109) | 170 | 371 | 384 | ||
| Loss from continuing operations: | (20,800) | (9,531) | (5,469) | (18,028) | (12,424) | (8,025) | ||
| Loss before gain (loss) on sale of properties: | (20,800) | (9,531) | (5,469) | (18,028) | (12,424) | (8,025) | ||
| Net loss available to common stockholders, diluted: | (20,800) | (9,531) | (5,469) | (18,028) | (12,424) | (8,025) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (20,800) | (9,531) | (5,469) | (18,028) | (12,424) | (8,025) | ||
| Comprehensive loss: | (20,800) | (9,531) | (5,469) | (18,028) | (12,424) | (8,025) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 11 | 608 | (924) | 255 | (677) | (783) | ||
| Comprehensive loss, net of tax, attributable to parent: | (20,789) | (8,923) | (6,393) | (17,773) | (13,101) | (8,808) | ||
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.