Lifeloc Technologies, Inc (LCTC) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
12441 WEST 49TH AVE UNIT #4 WHEAT RIDGE, CO 80033 |
| State of Incorp. | CO |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3826 - Laboratory Analytical Instruments (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,767 | 2,353 | 2,572 | 2,195 | 3,186 | 2,788 | |||
| Cash and cash equivalent | 1,767 | 2,353 | 2,572 | 2,195 | 3,186 | 2,788 | |||
| Receivables | 812 | 628 | 562 | 744 | 648 | 766 | |||
| Inventory, net of allowances, customer advances and progress billings | 3,025 | 2,732 | 2,669 | 2,498 | 1,986 | 1,291 | |||
| Inventory | 3,025 | 2,732 | 2,669 | 2,498 | 1,986 | 1,291 | |||
| Other undisclosed current assets | 106 | 166 | 57 | 78 | 19 | 35 | |||
| Total current assets: | 5,710 | 5,879 | 5,859 | 5,515 | 5,839 | 4,880 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 2,000 | 2,247 | 2,588 | 2,563 | 2,880 | 3,021 | |||
| Other noncurrent assets | 982 | 392 | 502 | 458 | 306 | 378 | |||
| Total noncurrent assets: | 2,982 | 2,639 | 3,090 | 3,021 | 3,186 | 3,400 | |||
| TOTAL ASSETS: | 8,692 | 8,518 | 8,950 | 8,536 | 9,025 | 8,280 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 732 | 759 | 745 | 600 | 552 | 595 | |||
| Accounts payable | 402 | 414 | 446 | 334 | 262 | 344 | |||
| Accrued liabilities | 329 | 345 | 299 | 266 | 290 | 251 | |||
| Deferred revenue | 79 | 80 | 72 | 41 | ✕ | ||||
| Debt | 52 | 50 | 49 | 47 | 45 | 43 | |||
| Deferred tax liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 44 | ||
| Other undisclosed current liabilities | 287 | 248 | 217 | 667 | 305 | 59 | |||
| Total current liabilities: | 1,149 | 1,137 | 1,082 | 1,355 | 902 | 741 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,170 | 1,220 | 1,268 | 1,278 | 1,324 | 1,369 | |||
| Long-term debt, excluding current maturities | 1,170 | 1,220 | 1,268 | 1,278 | 1,324 | 1,369 | |||
| Liabilities, other than long-term debt | 12 | 6 | 6 | 3 | 8 | ||||
| Deferred revenue | 12 | 6 | 6 | 3 | ✕ | ||||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 8 | ||
| Other undisclosed noncurrent liabilities | 6 | ||||||||
| Total noncurrent liabilities: | 1,182 | 1,226 | 1,274 | 1,281 | 1,331 | 1,377 | |||
| Total liabilities: | 2,331 | 2,363 | 2,356 | 2,636 | 2,233 | 2,119 | |||
| Equity | |||||||||
| Equity, attributable to parent | 6,361 | 6,155 | 6,594 | 5,901 | 6,792 | 6,161 | |||
| Common stock | 4,668 | 4,668 | 4,651 | 4,634 | 4,603 | 4,598 | |||
| Retained earnings | 1,693 | 1,487 | 1,943 | 1,267 | 2,189 | 1,563 | |||
| Total equity: | 6,361 | 6,155 | 6,594 | 5,901 | 6,792 | 6,161 | |||
| Other undisclosed liabilities and equity | 0 | ||||||||
| TOTAL LIABILITIES AND EQUITY: | 8,692 | 8,518 | 8,950 | 8,536 | 9,025 | 8,280 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 9,330 | 8,482 | 7,054 | 6,357 | 8,752 | 8,438 | ||
| Cost of revenue (Cost of Product and Service Sold) | (5,290) | (5,407) | (3,994) | (4,176) | (4,816) | (4,628) | ||
| Gross profit: | 4,040 | 3,075 | 3,060 | 2,181 | 3,936 | 3,809 | ||
| Operating expenses | (4,231) | (3,725) | (3,329) | (3,336) | (3,455) | (3,539) | ||
| Operating income (loss): | (191) | (650) | (269) | (1,156) | 481 | 271 | ||
| Nonoperating income (expense) | 70 | 13 | 889 | (42) | 206 | (36) | ||
| Investment income, nonoperating | 70 | 13 | 3 | 14 | 39 | 26 | ||
| Interest and debt expense | (42) | (43) | (51) | (56) | (58) | (62) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 108 | 51 | 56 | 58 | 62 | |||
| Income (loss) from continuing operations before income taxes: | (163) | (573) | 620 | (1,197) | 687 | 235 | ||
| Income tax expense (benefit) | 368 | 117 | 56 | 275 | (62) | (17) | ||
| Income (loss) from continuing operations: | 206 | (456) | 676 | (922) | 626 | 217 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 676 | (922) | 626 | 217 | |
| Other undisclosed net loss | ||||||||
| Net income (loss) available to common stockholders, diluted: | 206 | (456) | 676 | (922) | 626 | 217 | ||
Comprehensive Income ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 206 | (456) | 676 | (922) | 626 | 217 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 206 | (456) | 676 | (922) | 626 | 217 | ||
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.