HyreCar Inc. (HYRE) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
915 WILSHIRE AVE LOS ANGELES, CA 90071 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 751 - Automotive Rental And Leasing, Without Drivers (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 3,574 | 7,977 | 16,743 | 24,022 | 25,500 | ||||
| Cash and cash equivalent | 3,574 | 7,977 | 16,743 | 24,022 | 25,500 | ||||
| Restricted cash and investments | 3,111 | 2,995 | 1,593 | 878 | 752 | ||||
| Receivables | 419 | 406 | 156 | 102 | 133 | ||||
| Deposits current assets | 48 | 141 | 2,212 | 2,212 | 1,749 | ||||
| Other current assets | 532 | 871 | 886 | 305 | 644 | ||||
| Total current assets: | 7,683 | 12,389 | 21,590 | 27,518 | 28,778 | ||||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 864 | 940 | |||||||
| Property, plant and equipment | 4 | 5 | 6 | 7 | 8 | ||||
| Intangible assets, net (including goodwill) | 546 | 575 | 25 | 43 | 62 | ||||
| Intangible assets, net (excluding goodwill) | 546 | 575 | 25 | 43 | 62 | ||||
| Other undisclosed noncurrent assets | |||||||||
| Total noncurrent assets: | 1,415 | 1,519 | 31 | 50 | 69 | ||||
| TOTAL ASSETS: | 9,098 | 13,908 | 21,621 | 27,568 | 28,847 | ||||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 8,117 | 9,598 | 9,941 | 10,825 | 5,324 | ||||
| Employee-related liabilities | 230 | 302 | |||||||
| Accounts payable | 4,350 | 7,044 | 3,663 | 5,198 | 4,497 | ||||
| Accrued liabilities | 3,536 | 2,252 | 6,278 | 5,627 | 827 | ||||
| Deferred revenue | 52 | 51 | 43 | 63 | 60 | ||||
| Debt | 1,999 | 1,890 | |||||||
| Self insurance reserve | 2,271 | 2,106 | 1,964 | 1,990 | 1,747 | ||||
| Other undisclosed current liabilities | 15 | 28 | |||||||
| Total current liabilities: | 10,455 | 11,783 | 11,947 | 14,878 | 9,021 | ||||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 635 | 657 | 1,999 | 109 | |||||
| Long-term debt, excluding current maturities | 1,999 | 109 | |||||||
| Operating lease, liability | 635 | 657 | |||||||
| Other undisclosed noncurrent liabilities | (635) | (657) | |||||||
| Total noncurrent liabilities: | 635 | 657 | 1,999 | 109 | |||||
| Total liabilities: | 11,090 | 12,439 | 13,946 | 14,878 | 9,130 | ||||
| Equity | |||||||||
| Equity, attributable to parent | (1,992) | 1,469 | 7,674 | 12,690 | 19,716 | ||||
| Common stock | 0 | 0 | 0 | 0 | 0 | ||||
| Additional paid in capital | 77,904 | 76,986 | 74,601 | 73,468 | 71,159 | ||||
| Accumulated deficit | (79,896) | (75,517) | (66,926) | (60,778) | (51,443) | ||||
| Total equity: | (1,992) | 1,469 | 7,674 | 12,690 | 19,716 | ||||
| TOTAL LIABILITIES AND EQUITY: | 9,098 | 13,908 | 21,621 | 27,568 | 28,847 | ||||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 10,508 | 9,551 | (26,158) | 9,651 | 9,058 | 7,448 | ||
| Principal transactions revenue, net | ✕ | ✕ | ✕ | 3,417 | ||||
| Cost of revenue | (6,796) | (6,604) | (6,691) | (8,253) | (4,716) | |||
| Gross profit: | 3,712 | 2,947 | 2,960 | 805 | 2,732 | |||
| Operating expenses | (8,097) | (8,278) | (9,111) | (10,139) | (9,938) | |||
| Operating loss: | (4,385) | (5,331) | (6,151) | (9,335) | (7,206) | |||
| Nonoperating expense | (7) | (3) | (2) | (0) | (0) | |||
| Other nonoperating income (expense) | (7) | (3) | (4) | (4) | 1 | |||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 0 | |||||||
| Loss from continuing operations before equity method investments, income taxes: | (4,392) | (5,334) | (6,153) | (9,334) | (7,207) | |||
| Other undisclosed income from continuing operations before income taxes | 13 | 6 | 4 | |||||
| Loss from continuing operations before income taxes: | (4,378) | (5,327) | (6,149) | (9,334) | (7,207) | |||
| Income tax expense | (1) | (1) | ||||||
| Loss from continuing operations: | (4,379) | (5,327) | (6,149) | (9,335) | (7,207) | |||
| Loss before gain (loss) on sale of properties: | (4,379) | (5,327) | ✕ | (6,149) | (9,335) | (7,207) | ||
| Net loss available to common stockholders, diluted: | (4,379) | (5,327) | (6,149) | (9,335) | (7,207) | |||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (4,379) | (5,327) | (6,149) | (9,335) | (7,207) | |||
| Comprehensive loss, net of tax, attributable to parent: | (4,379) | (5,327) | (6,149) | (9,335) | (7,207) | |||
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.