Intelligent Highway Solutions, Inc. (IHSI) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
9516 ROSSPORT WAY ELK GROVE, CA 95624 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3669 - Communications Equipment, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2017 MRQ | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 1 | 95 | 29 | ||||
| Cash and cash equivalents | 1 | 95 | 29 | ||||
| Prepaid expense | 36 | 77 | 194 | ||||
| Costs in excess of billings | 116 | ||||||
| Other undisclosed current assets | 15 | 237 | 182 | ||||
| Total current assets: | 1 | 52 | 525 | 405 | |||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 0 | 5 | 15 | 2 | |||
| Prepaid expense | 35 | 69 | |||||
| Other undisclosed noncurrent assets | 2 | 79 | |||||
| Total noncurrent assets: | 0 | 40 | 86 | 81 | |||
| TOTAL ASSETS: | 1 | 92 | 611 | 486 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 2,286 | 1,692 | 2,017 | 999 | |||
| Interest and dividends payable | 278 | 149 | 77 | ||||
| Taxes payable | 127 | ||||||
| Employee-related liabilities | 767 | ||||||
| Accounts payable | 219 | 177 | 171 | 90 | |||
| Accrued liabilities | 1,662 | 1,367 | 1,003 | 909 | |||
| Debt | 259 | 154 | 185 | 252 | |||
| Derivative instruments and hedges, liabilities | 11,855 | 1,006 | 168 | 46 | |||
| Due to related parties | 7 | 10 | |||||
| Other undisclosed current liabilities | 859 | 800 | (228) | 144 | |||
| Total current liabilities: | 15,266 | 3,662 | 2,142 | 1,441 | |||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 100 | 311 | |||||
| Long-term debt, excluding current maturities | 100 | 311 | |||||
| Other undisclosed noncurrent liabilities | 30 | 1,441 | |||||
| Total noncurrent liabilities: | 130 | 1,752 | |||||
| Other undisclosed liabilities | (1,441) | ||||||
| Total liabilities: | 15,266 | 3,662 | 2,272 | 1,752 | |||
| Equity | |||||||
| Equity, attributable to parent | (15,265) | (3,571) | (1,661) | (1,265) | |||
| Preferred stock | 0 | 0 | |||||
| Common stock | 29 | 26 | 0 | 0 | |||
| Treasury stock, value | (4) | (4) | (4) | ||||
| Additional paid in capital | 7,010 | 6,975 | 5,248 | 2,126 | |||
| Accumulated deficit | (22,299) | (10,567) | (6,905) | (3,391) | |||
| Total equity: | (15,265) | (3,571) | (1,661) | (1,265) | |||
| TOTAL LIABILITIES AND EQUITY: | 1 | 92 | 611 | 486 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|
| Revenues | 236 | 1,016 | 834 | |||
| Net investment income | (15) | (103) | (243) | |||
| Cost of revenue (Cost of Goods and Services Sold) | (214) | (788) | (778) | |||
| Gross profit: | 22 | 229 | 55 | |||
| Operating expenses | (526) | (1,561) | (1,763) | (1,492) | ||
| Other undisclosed operating income | 15 | |||||
| Operating loss: | (526) | (1,539) | (1,534) | (1,437) | ||
| Nonoperating expense | (11,207) | (2,030) | (2,034) | (550) | ||
| Interest and debt expense | 2 | 170 | (1,426) | (577) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 1,426 | 577 | ||||
| Loss from continuing operations before equity method investments, income taxes: | (11,731) | (3,399) | (3,568) | (1,987) | ||
| Other undisclosed loss from continuing operations before income taxes | (2) | (170) | ||||
| Loss from continuing operations before income taxes: | (11,733) | (3,569) | (3,568) | (1,987) | ||
| Income tax expense | (93) | |||||
| Loss from continuing operations: | (11,733) | (3,662) | (3,568) | (1,987) | ||
| Loss before gain (loss) on sale of properties: | (11,733) | (3,662) | (3,568) | (1,987) | ||
| Net loss available to common stockholders, diluted: | (11,733) | (3,662) | (3,568) | (1,987) | ||
Comprehensive Income ($ in thousands)
| 9/30/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|
| Net loss: | (11,733) | (3,662) | (3,568) | (1,987) | ||
| Comprehensive loss, net of tax, attributable to parent: | (11,733) | (3,662) | (3,568) | (1,987) | ||
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.