Ironclad Encryption Corporation (IRNC) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
777 SOUTH POST OAK LANE HOUSTON, TX 77056 |
| State of Incorp. | DE |
| Fiscal Year End | March 31 |
| Industry (SIC) | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2019 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 34 | 60 | 103 | 131 | 172 | 233 | |||
| Cash and cash equivalents | 34 | 60 | 103 | 131 | 172 | 233 | |||
| Prepaid expense | 25 | 0 | 0 | ✕ | |||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | 0 | |||
| Other undisclosed current assets | 3 | ||||||||
| Total current assets: | 59 | 60 | 103 | 131 | 172 | 236 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 9 | ||||||||
| Intangible assets, net (including goodwill) | 157 | ✕ | ✕ | ||||||
| Intangible assets, net (excluding goodwill) | 157 | ||||||||
| Other undisclosed noncurrent assets | (9) | ||||||||
| Total noncurrent assets: | 157 | ||||||||
| TOTAL ASSETS: | 216 | 60 | 103 | 131 | 172 | 236 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 548 | 1 | 4 | 1 | |||||
| Interest and dividends payable | 24 | ||||||||
| Employee-related liabilities | |||||||||
| Accounts payable | 438 | 1 | 4 | 1 | |||||
| Accrued liabilities | 86 | ||||||||
| Debt | 4 | ||||||||
| Due to related parties | 32 | ||||||||
| Other undisclosed current liabilities | 1,139 | 1 | |||||||
| Total current liabilities: | 1,724 | 1 | 4 | 1 | 1 | ||||
| Noncurrent Liabilities | |||||||||
| Total liabilities: | 1,724 | 1 | 4 | 1 | 1 | ||||
| Equity | |||||||||
| Equity, attributable to parent, including: | (1,507) | 59 | 99 | 131 | 171 | 235 | |||
| Common stock | 66 | 1 | 1 | 1 | 1 | 1 | |||
| Common stock, share subscribed but unissued, subscriptions receivable | 81 | ||||||||
| Additional paid in capital | 9,117 | 269 | 269 | 269 | 269 | 269 | |||
| Retained earnings (accumulated deficit) | (10,692) | (214) | (174) | (141) | 242 | 242 | |||
| Other undisclosed equity, attributable to parent | (80) | 2 | 2 | 2 | (342) | (278) | |||
| Other undisclosed equity | (0) | ||||||||
| Total equity: | (1,507) | 59 | 99 | 131 | 171 | 235 | |||
| Other undisclosed liabilities and equity | 0 | ||||||||
| TOTAL LIABILITIES AND EQUITY: | 216 | 60 | 103 | 131 | 172 | 236 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2019 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Gross profit: | ||||||||
| Operating expenses | (9,919) | (40) | (33) | (40) | (64) | (35) | ||
| Other operating income, net (Other Expenses) | 370 | |||||||
| Operating loss: | (9,549) | (40) | (33) | (40) | (64) | (35) | ||
| Nonoperating income (expense) | (579) | (0) | 0 | 1 | 0 | |||
| Investment income, nonoperating | 0 | 0 | 0 | 1 | 0 | |||
| Other nonoperating income (expense) | (579) | (0) | 0 | 1 | 0 | |||
| Interest and debt expense | 160 | 0 | ||||||
| Loss from continuing operations before equity method investments, income taxes: | (9,968) | (40) | (33) | (40) | (63) | (35) | ||
| Other undisclosed income from continuing operations before income taxes | ||||||||
| Loss from continuing operations before income taxes: | (9,968) | (40) | (33) | (40) | (63) | (35) | ||
| Income tax expense | (3) | |||||||
| Loss from continuing operations: | (9,968) | (40) | (33) | (40) | (63) | (38) | ||
| Loss before gain (loss) on sale of properties: | (9,968) | (40) | (33) | (40) | (63) | (38) | ||
| Other undisclosed net loss | (530) | (0) | (0) | (1) | ||||
| Net loss: | (10,498) | (40) | (33) | (40) | (64) | (38) | ||
| Other undisclosed net income attributable to parent | 6 | |||||||
| Net loss available to common stockholders, diluted: | (10,498) | (40) | (33) | (40) | (64) | (32) | ||
Comprehensive Income ($ in thousands)
| 3/31/2019 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (10,498) | (40) | (33) | (40) | (64) | (38) | ||
| Comprehensive loss, net of tax, attributable to parent: | (10,498) | (40) | (33) | (40) | (64) | (38) | ||
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.