PARTS iD, Inc. (ID) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
1308 RACE STREET, SUITE 200 CINCINNATI, OH 45202 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7311 - Advertising Agencies (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 268 | 457 | 3,796 | 4,184 | 7,317 | 15,828 | |||
| Cash and cash equivalent | 268 | 457 | 3,796 | 4,184 | 7,317 | 15,828 | |||
| Receivables | 946 | 913 | 1,331 | 2,423 | 2,519 | 3,090 | |||
| Inventory, net of allowances, customer advances and progress billings | 1,367 | 1,597 | 2,505 | 4,695 | 5,384 | 5,972 | |||
| Inventory | 1,367 | 1,597 | 2,505 | 4,695 | 5,384 | 5,972 | |||
| Deferred costs | 1,463 | ||||||||
| Other undisclosed current assets | 4,071 | 3,883 | 2,312 | 6,639 | 6,096 | 5,535 | |||
| Total current assets: | 6,653 | 6,850 | 11,407 | 17,941 | 21,316 | 30,424 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 727 | 900 | 1,075 | 1,254 | 1,494 | 1,074 | |||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 11,207 | 12,262 | 12,916 | 13,489 | 14,083 | 14,025 | |||
| Intangible asset, including goodwill, after accumulated amortization | 13 | 13 | 263 | 263 | 263 | 263 | |||
| Intangible asset, excluding goodwill, after accumulated amortization | 13 | 13 | 263 | 263 | 263 | 263 | |||
| Deferred income tax assets | 3,237 | 3,196 | |||||||
| Other noncurrent assets | 268 | 268 | 268 | ||||||
| Other undisclosed noncurrent assets | 248 | 248 | 248 | ||||||
| Total noncurrent assets: | 12,195 | 13,422 | 14,502 | 15,273 | 19,344 | 18,826 | |||
| TOTAL ASSETS: | 18,847 | 20,272 | 25,909 | 33,214 | 40,660 | 49,250 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 43,791 | 43,716 | 42,197 | 42,140 | 42,127 | 42,555 | |||
| Accounts payable | 37,856 | 38,099 | 36,404 | 36,201 | 35,459 | 35,607 | |||
| Accrued liabilities | 5,935 | 5,617 | 5,793 | 5,940 | 6,668 | 6,949 | |||
| Debt | 7,491 | 6,071 | 4,203 | 556 | 727 | 394 | |||
| Other liabilities | 1,349 | 1,119 | 2,279 | 2,917 | 3,227 | 4,046 | |||
| Other undisclosed current liabilities | 1,474 | 1,891 | 4,337 | 8,980 | 10,867 | 18,228 | |||
| Total current liabilities: | 54,105 | 52,797 | 53,017 | 54,594 | 56,949 | 65,223 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 297 | 331 | 387 | ||||||
| Operating lease, liability | 297 | 331 | 387 | ||||||
| Other undisclosed noncurrent liabilities | 556 | 727 | 394 | ||||||
| Total noncurrent liabilities: | 297 | 331 | 387 | 556 | 727 | 394 | |||
| Total liabilities: | 54,402 | 53,128 | 53,404 | 55,150 | 57,676 | 65,618 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (35,555) | (32,856) | (27,495) | (21,936) | (17,015) | (16,367) | |||
| Common stock | 3 | ||||||||
| Additional paid in capital | 13,537 | 12,227 | 11,108 | 9,867 | 8,517 | 8,265 | |||
| Accumulated deficit | (49,095) | (45,086) | (38,607) | (31,807) | (25,536) | (24,636) | |||
| Other undisclosed equity, attributable to parent | 4 | 3 | 3 | 3 | 3 | ||||
| Total equity: | (35,555) | (32,856) | (27,495) | (21,936) | (17,015) | (16,367) | |||
| TOTAL LIABILITIES AND EQUITY: | 18,847 | 20,272 | 25,909 | 33,214 | 40,660 | 49,250 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 16,120 | 16,201 | 61,562 | 79,885 | 104,257 | 94,892 | ||
| Cost of revenue (Cost of Product and Service Sold) | (12,060) | (12,769) | (52,886) | (63,963) | (83,674) | (76,398) | ||
| Gross profit: | 4,060 | 3,432 | 8,676 | 15,922 | 20,583 | 18,494 | ||
| Operating expenses | (7,530) | (9,172) | (15,534) | (18,902) | (21,521) | (23,328) | ||
| Operating loss: | (3,470) | (5,740) | (6,858) | (2,979) | (938) | (4,834) | ||
| Interest and debt expense | (523) | (1,295) | (190) | (50) | ||||
| Loss from continuing operations before equity method investments, income taxes: | (3,993) | (7,036) | (7,048) | (3,029) | (938) | (4,834) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (15) | 556 | 248 | |||||
| Loss from continuing operations before income taxes: | (4,008) | (6,480) | (6,800) | (3,029) | (938) | (4,834) | ||
| Income tax expense (benefit) | (1) | (0) | (3,242) | 38 | 881 | |||
| Loss from continuing operations: | (4,009) | (6,480) | (6,800) | (6,271) | (900) | (3,953) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (6,271) | (900) | (3,953) | |
| Net loss available to common stockholders, diluted: | (4,009) | (6,480) | (6,800) | (6,271) | (900) | (3,953) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (4,009) | (6,480) | (6,800) | (6,271) | (900) | (3,953) | ||
| Comprehensive loss, net of tax, attributable to parent: | (4,009) | (6,480) | (6,800) | (6,271) | (900) | (3,953) | ||
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.