Industrial Services of America, Inc. (IDSA) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
7100 GRADE LANE LOUISVILLE, KY 40213 |
| State of Incorp. | FL |
| 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
| 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 844 | 469 | 1,044 | 736 | 691 | 880 | |||
| Cash and cash equivalents | 844 | 469 | 1,044 | 736 | 691 | 880 | |||
| Receivables | 5,499 | 6,473 | 4,476 | 6,563 | 6,310 | 5,392 | |||
| Inventory, net of allowances, customer advances and progress billings | 5,258 | 6,211 | 6,934 | 5,775 | 7,989 | 5,504 | |||
| Inventory | 5,258 | 6,211 | 6,934 | 5,775 | 7,989 | 5,504 | |||
| Prepaid expense | 274 | 293 | 312 | 355 | 334 | ||||
| Other undisclosed current assets | 159 | ||||||||
| Total current assets: | 11,875 | 13,446 | 12,613 | 13,386 | 15,345 | 12,110 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | ✕ | ✕ | ✕ | ✕ | |||||
| Property, plant and equipment | 9,441 | 9,538 | 9,786 | 10,047 | 10,397 | 10,795 | |||
| Other noncurrent assets | 100 | 107 | 54 | 189 | 267 | 274 | |||
| Other undisclosed noncurrent assets | 5,477 | 5,533 | 27 | ||||||
| Total noncurrent assets: | 15,018 | 15,178 | 9,867 | 10,236 | 10,664 | 11,069 | |||
| TOTAL ASSETS: | 26,893 | 28,624 | 22,480 | 23,622 | 26,009 | 23,179 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,711 | 2,235 | 2,387 | 2,406 | 3,432 | 2,670 | |||
| Taxes payable | 10 | ||||||||
| Accounts payable | 1,711 | 2,235 | 2,387 | 2,406 | 3,422 | 2,670 | |||
| Debt | 5,729 | 5,951 | 4,261 | 6,619 | 7,593 | 6,221 | |||
| Other liabilities | 695 | 364 | 566 | 620 | 541 | 612 | |||
| Due to related parties | 2 | 18 | 34 | 61 | 70 | 113 | |||
| Other undisclosed current liabilities | 643 | 587 | |||||||
| Total current liabilities: | 8,780 | 9,155 | 7,248 | 9,706 | 11,636 | 9,616 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,966 | 2,049 | 2,714 | 734 | 755 | 740 | |||
| Long-term debt, excluding current maturities | 1,966 | 2,049 | 2,125 | 54 | 57 | ||||
| Capital lease obligations | ✕ | ✕ | ✕ | 589 | 680 | 698 | 740 | ||
| Finance lease, liability | ✕ | ✕ | ✕ | ✕ | |||||
| Liabilities, other than long-term debt | 1,004 | 1,004 | 1,504 | 1,504 | 1,504 | 1,520 | |||
| Due to related parties | 1,004 | 1,004 | 1,504 | 1,504 | 1,504 | 1,520 | |||
| Operating lease, liability | ✕ | ✕ | ✕ | ✕ | |||||
| Other undisclosed noncurrent liabilities | 5,899 | 5,802 | |||||||
| Total noncurrent liabilities: | 8,869 | 8,855 | 4,218 | 2,238 | 2,259 | 2,260 | |||
| Total liabilities: | 17,649 | 18,010 | 11,466 | 11,944 | 13,895 | 11,876 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 9,244 | 10,614 | 11,014 | 11,678 | 12,114 | 11,303 | |||
| Common stock | 27 | 27 | 27 | 27 | 27 | 27 | |||
| Treasury stock, value | (44) | (44) | (44) | (44) | (44) | (44) | |||
| Additional paid in capital | 25,256 | 24,174 | 24,133 | 24,092 | 24,051 | 24,037 | |||
| Accumulated deficit | (15,995) | (14,568) | (14,127) | (13,422) | (12,945) | (13,742) | |||
| Warrants and rights outstanding | 1,025 | 1,025 | 1,025 | 1,025 | 1,025 | ||||
| Other undisclosed equity, attributable to parent | |||||||||
| Total equity: | 9,244 | 10,614 | 11,014 | 11,678 | 12,114 | 11,303 | |||
| TOTAL LIABILITIES AND EQUITY: | 26,893 | 28,624 | 22,480 | 23,622 | 26,009 | 23,179 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 14,248 | 14,344 | 12,967 | 16,798 | 16,600 | 14,657 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 16,600 | 14,657 | |
| Cost of revenue (Cost of Goods and Services Sold) | (175) | |||||||
| Other undisclosed gross profit | (14,269) | (13,722) | (12,300) | (16,114) | (15,103) | (13,445) | ||
| Gross profit: | (196) | 622 | 667 | 684 | 1,497 | 1,212 | ||
| Operating expenses | (1,064) | (939) | (925) | (891) | (893) | (926) | ||
| Operating income (loss): | (1,260) | (317) | (258) | (207) | 604 | 286 | ||
| Nonoperating income (Other Nonoperating income) | 1 | 15 | ||||||
| Interest and debt expense | (27) | (160) | (32) | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (1,260) | (344) | (417) | (192) | 604 | 254 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (163) | (95) | (288) | (292) | 205 | (210) | ||
| Income (loss) from continuing operations before income taxes: | (1,423) | (439) | (705) | (484) | 809 | 44 | ||
| Income tax expense (benefit) | (4) | (2) | 7 | (12) | (8) | |||
| Income (loss) from continuing operations: | (1,427) | (441) | (705) | (477) | 797 | 36 | ||
| Income (loss) before gain (loss) on sale of properties: | (1,427) | (441) | (705) | (477) | 797 | 36 | ||
| Net income (loss) available to common stockholders, diluted: | (1,427) | (441) | (705) | (477) | 797 | 36 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (1,427) | (441) | (705) | (477) | 797 | 36 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (1,427) | (441) | (705) | (477) | 797 | 36 | ||
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.