iGambit, Inc. (IGMB) financial statements (2020 and earlier)

Company profile

Business Address 55 IVAN ALLEN JR. BLVD
ATLANTA, GA 30308
State of Incorp. DE
Fiscal Year End December 31
SIC 7389 - Business Services, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

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 investments10757035160
Cash and cash equivalents10757035160
Receivables101010152612
Inventory, net of allowances, customer advances and progress billings27272727   
Inventory27272727   
Prepaid expense6    623
Total current assets:531134442295884
Noncurrent Assets
Property, plant and equipment1222333
Intangible assets, net (including goodwill)2,0502,2242,3982,5722,7462,9203,094
Intangible assets, net (excluding goodwill)2,0502,2242,3982,5722,7462,9203,094
Other undisclosed noncurrent assets0022222
Total noncurrent assets:2,0522,2262,4022,5762,7502,9253,099
TOTAL ASSETS:2,1052,3392,4462,6182,7802,9833,184
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:740658570480279290296
Accrued liabilities27192132322719
Other undisclosed accounts payable and accrued liabilities713639549448247263277
Debt4964465353535353
Derivative instruments and hedges, liabilities  22028822733 
Due to related parties128128140145128128128
Deferred revenue and credits5
Other undisclosed current liabilities   419 613 
Total current liabilities:1,3651,2329821,3856881,117482
Noncurrent Liabilities
Other undisclosed liabilities10094241 526 580
Total liabilities:1,4651,3251,2231,3851,2141,1171,062
Stockholders' equity
Stockholders' equity attributable to parent, including:6401,0141,2231,2331,5661,8652,122
Preferred stock    0  
Treasury stock, value(1,000)(1,000)(1,000)(1,000)(1,000)(1,000)(1,000)
Additional paid in capital15,60515,20814,88414,48113,99613,70413,248
Accumulated deficit(13,966)(13,593)(13,022)(12,463)(11,593)(10,985)(10,259)
Other undisclosed stockholders' equity attributable to parent1399362215163146132
Total stockholders' equity:6401,0141,2231,2331,5661,8652,122
TOTAL LIABILITIES AND EQUITY:2,1052,3392,4462,6182,7802,9833,184

Income statement (P&L) ($ in thousands)

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
Revenues865302344
Revenue, net4
Cost of revenue(10)(8)(8)(7)(8)(8)(8)
Gross profit:(2)(2)(3)2215(4)(4)
Operating expenses(361)(373)(364)(585)(382)(485)(408)
Operating loss:(364)(375)(367)(563)(367)(489)(412)
Nonoperating expense
(Other Nonoperating expense)
(10)(196)(192)(307)(242)(237)(198)
Interest and debt expense(10)(257)(6)(79)(95)(75)(64)
Loss from continuing operations before income taxes:(384)(827)(565)(949)(704)(801)(674)
Other undisclosed loss from continuing operations   (392)   
Loss before gain (loss) on sale of properties:(384)(827)(565)(1,341)(704)(801)(674)
Other undisclosed net income102576471  64
Net loss:(374)(570)(559)(869)(704)(801)(610)
Other undisclosed net income attributable to parent    9575 
Net loss available to common stockholders, diluted:(374)(570)(559)(869)(609)(726)(610)

Comprehensive Income ($ in thousands)

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 loss:(374)(570)(559)(869)(704)(801)(610)
Comprehensive loss, net of tax, attributable to parent:(374)(570)(559)(869)(704)(801)(610)

Statements sources

The financial statements are based on the company's filings with the 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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