Infrastructure and Energy Alternatives, Inc. (IEA) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
6325 DIGITAL WAY INDIANAPOLIS, IN 46278 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 677 - Blank Checks (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)Annual | Quarterly
| 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 46 | 29 | 158 | 118 | 95 | ||||
| Cash and cash equivalents | 46 | 29 | 158 | 118 | 95 | ||||
| Receivables | 404 | 255 | 281 | 327 | 232 | 171 | 164 | ||
| Contract with customer, asset | 304 | 220 | 214 | 223 | 177 | 147 | 145 | ||
| Other undisclosed current assets | 52 | 73 | 167 | 22 | 33 | 47 | 183 | ||
| Total current assets: | 807 | 576 | 662 | 730 | 560 | 460 | 492 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 33 | 36 | 37 | 37 | 38 | 35 | 36 | ||
| Property, plant and equipment | 153 | 148 | 139 | 141 | 136 | 127 | 131 | ||
| Intangible assets, net (including goodwill) | 53 | 55 | 56 | 58 | 60 | 61 | 63 | ||
| Goodwill | 37 | 37 | 37 | 37 | 37 | 37 | 37 | ||
| Intangible assets, net (excluding goodwill) | 16 | 17 | 19 | 21 | 22 | 24 | 25 | ||
| Deferred income tax assets | 3 | 0 | 4 | 2 | |||||
| Other noncurrent assets | 1 | 1 | 1 | 1 | 1 | 0 | 0 | ||
| Other undisclosed noncurrent assets | 4 | 5 | 5 | 5 | 5 | 5 | 4 | ||
| Total noncurrent assets: | 245 | 248 | 238 | 241 | 238 | 233 | 237 | ||
| TOTAL ASSETS: | 1,051 | 824 | 900 | 972 | 798 | 693 | 729 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 419 | 260 | 163 | 396 | 351 | 204 | 130 | ||
| Accounts payable | 215 | 131 | 199 | 149 | 87 | ||||
| Accrued liabilities | 204 | 129 | 197 | 202 | 117 | ||||
| Employee-related liabilities | 47 | 43 | |||||||
| Other undisclosed accounts payable and accrued liabilities | 117 | 87 | |||||||
| Deferred revenue | 169 | 148 | 126 | 146 | 91 | 141 | 118 | ||
| Debt | 24 | 26 | 26 | 27 | 27 | 27 | 37 | ||
| Other undisclosed current liabilities | 10 | 10 | 175 | 10 | 10 | 9 | 105 | ||
| Total current liabilities: | 623 | 445 | 491 | 580 | 479 | 381 | 390 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 392 | 357 | 349 | 347 | 218 | 215 | 221 | ||
| Long-term debt, excluding current maturities | 321 | 291 | 291 | 291 | 161 | 160 | 159 | ||
| Finance lease, liability | 46 | 39 | 30 | 28 | 27 | 27 | 32 | ||
| Operating lease, liability | 25 | 27 | 29 | 28 | 29 | 28 | 29 | ||
| Liabilities, other than long-term debt | 11 | 8 | 16 | 10 | 8 | 8 | 9 | ||
| Deferred compensation liability, classified | 7 | 8 | 8 | 8 | 8 | 8 | 9 | ||
| Deferred income tax liabilities | 3 | 8 | 2 | ||||||
| Other undisclosed noncurrent liabilities | 3 | 7 | 6 | 19 | 185 | 185 | 183 | ||
| Total noncurrent liabilities: | 405 | 372 | 372 | 376 | 411 | 408 | 412 | ||
| Total liabilities: | 1,028 | 817 | 862 | 955 | 890 | 789 | 802 | ||
| Temporary equity, carrying amount | 17 | 17 | |||||||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 23 | 7 | 37 | 16 | (109) | (113) | (90) | ||
| Preferred stock | 17 | ||||||||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Additional paid in capital | 243 | 243 | 246 | 257 | 32 | 32 | 35 | ||
| Accumulated deficit | (219) | (236) | (209) | (241) | (141) | (146) | (125) | ||
| Other undisclosed stockholders' equity attributable to parent | (17) | ||||||||
| Other undisclosed stockholders' equity | 17 | ||||||||
| Total stockholders' equity: | 23 | 7 | 37 | 16 | (109) | (113) | (73) | ||
| TOTAL LIABILITIES AND EQUITY: | 1,051 | 824 | 900 | 972 | 798 | 693 | 729 | ||
Income Statement (P&L) ($ in millions) Annual | Quarterly
| 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 681 | 360 | 544 | 698 | 560 | 276 | 392 | |
| Cost of revenue | (619) | (356) | (480) | (626) | (507) | (260) | (349) | |
| Gross profit: | 62 | 4 | 64 | 72 | 53 | 17 | 43 | |
| Operating expenses | (36) | (35) | (32) | (37) | (31) | (25) | (26) | |
| Operating income (loss): | 26 | (31) | 32 | 36 | 23 | (8) | 16 | |
| Nonoperating income (expense) | (0) | 0 | 0 | (5) | 1 | (0) | (1) | |
| Interest and debt expense | (7) | (6) | (6) | (110) | (14) | (14) | 43 | |
| Income (loss) from continuing operations before equity method investments, income taxes: | 19 | (37) | 26 | (80) | 9 | (23) | 59 | |
| Other undisclosed income (loss) from continuing operations before income taxes | 5 | (1) | 13 | (18) | (58) | |||
| Income (loss) from continuing operations before income taxes: | 24 | (38) | 39 | (97) | 9 | (23) | 1 | |
| Income tax expense (benefit) | (7) | 11 | (7) | (2) | (4) | 2 | (3) | |
| Net income (loss) attributable to parent: | 17 | (27) | 32 | (100) | 5 | (20) | (1) | |
| Preferred stock dividends and other adjustments | (0) | (1) | (1) | (1) | ||||
| Undistributed earnings (loss) allocated to participating securities, basic | (0) | (1) | ||||||
| Other undisclosed net income available to common stockholders, basic | 0 | |||||||
| Net income (loss) available to common stockholders, diluted: | 17 | (27) | 32 | (100) | 3 | (21) | (2) | |
Comprehensive Income ($ in millions)Annual | Quarterly
| 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 17 | (27) | 32 | (100) | 5 | (20) | (1) | |
| Comprehensive income (loss), net of tax, attributable to parent: | 17 | (27) | 32 | (100) | 5 | (20) | (1) | |
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.