Ironclad Performance Wear Corp (ICPW) Financial Statements (2026 and earlier)

Company Profile

Business Address 1920 HUTTON COURT
FARMERS BRANCH, TX 75234
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 509 - Miscellaneous Durable Goods (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2017
Q1
12/31/2016
Q4
9/30/2016
Q3
6/30/2016
Q2
3/31/2016
Q1
12/31/2015
Q4
9/30/2015
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments300282464277277277
Cash and cash equivalent300282464277277277
Receivables7,9697,7637,3098,3108,8586,176
Inventory, net of allowances, customer advances and progress billings8,7338,4238,7289,3026,6827,555
Inventory8,7338,4238,7289,3026,6827,555
Advances on inventory purchases109109109109172152
Deferred tax assets     404183
Other undisclosed current assets5758619231,017610760
Total current assets:17,68617,43717,53319,01517,00215,103
Noncurrent Assets
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization   398401338334
Intangible asset, including goodwill, after accumulated amortization236180258219193195
Intangible asset, excluding goodwill, after accumulated amortization236180258219193195
Deposits noncurrent assets4523745252121
Other noncurrent assets  415417   
Other undisclosed noncurrent assets   1,3591,3771,0231,248
Total noncurrent assets:6876312,4772,0221,5751,799
Other undisclosed assets421380398401338334
TOTAL ASSETS:18,79418,44920,40821,43918,91617,235
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:4,6743,3942,7523,4203,3592,007
Accounts payable3,0062,4712,2492,9795751,268
Accrued liabilities540389260230159122
Other undisclosed accounts payable and accrued liabilities1,1285342432112,625616
Debt      3,229
Other undisclosed current liabilities4,2485,4585,9655,9263,225 
Total current liabilities:8,9228,8528,7169,3466,5845,236
Noncurrent Liabilities
Liabilities, other than long-term debt  757575 75
Accounts payable and accrued liabilities  757575 75
Other undisclosed noncurrent liabilities (75)(75)(75) (75)
Total noncurrent liabilities:      
Total liabilities:8,9228,8528,7169,3466,5845,236
Equity
Equity, attributable to parent, including:9,8729,59711,69112,09312,33212,042
Common stock858584838383
Additional paid in capital21,28321,19521,10120,89520,77620,686
Accumulated deficit(11,495)(11,683)(9,494)(8,885)(8,527)(8,770)
Warrants and rights outstanding 43    43
Other undisclosed equity, attributable to parent (43)     
Other undisclosed equity      (43)
Total equity:9,8729,59711,69112,09312,33211,999
TOTAL LIABILITIES AND EQUITY:18,79418,44920,40821,43918,91617,235

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2017
Q1
12/31/2016
Q4
9/30/2016
Q3
6/30/2016
Q2
3/31/2016
Q1
12/31/2015
Q4
9/30/2015
Q3
Revenues
(Revenue, Net)		8,0896,4555,3965,0478,4225,421
Cost of revenue
(Cost of Product and Service Sold)		 (5,213)(4,190)(3,447)(3,226)(4,786)(3,789)
Other undisclosed gross profit     (817)284
Gross profit:2,8762,2641,9501,8212,8191,916
Operating expenses(2,643)(2,575)(2,511)(2,144)(2,556)(2,092)
Operating income (loss):233(311)(561)(323)263(175)
Nonoperating expense (45)(46)(47)(36)(26)(31)
Other nonoperating expense (45)(46)(47)(36)(26)(31)
Interest and debt expense (45)(46)(47)(36)(26)(31)
Income (loss) from continuing operations before income taxes:142(403)(656)(395)212(236)
Income tax expense (benefit) 1,831(1,832) 1 (760)
Other undisclosed income from continuing operations     6 
Income (loss) from continuing operations:1,973(2,235)(656)(394)217(996)
Income (loss) before gain (loss) on sale of properties:1,973(2,235)(656)(394)217(996)
Net income (loss):1,973(2,235)(656)(394)217(996)
Other undisclosed net income (loss) attributable to parent(1,785)46473626791
Net income (loss) available to common stockholders, diluted:187(2,189)(609)(358)243(206)

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2017
Q1
12/31/2016
Q4
9/30/2016
Q3
6/30/2016
Q2
3/31/2016
Q1
12/31/2015
Q4
9/30/2015
Q3
Net income (loss):1,973(2,235)(656)(394)217(996)
Comprehensive income (loss), net of tax, attributable to parent:1,973(2,235)(656)(394)217(996)

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.

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