Longfin Corp (LFIN) financial statements (2021 and earlier)
Company profile
| Business Address |
16-017, 85 BROAD STREET, NEW YORK, 10004 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2017 | |||
|---|---|---|---|
| ASSETS | |||
| Current Assets | |||
| Cash, cash equivalents, and short-term investments | 2 | ||
| Cash and cash equivalents | 2 | ||
| Receivables | 42 | ||
| Other current assets | 0 | ||
| Total current assets: | 44 | ||
| Noncurrent Assets | |||
| Property, plant and equipment | 8 | ||
| Intangible assets, net (including goodwill) | 126 | ||
| Goodwill | 90 | ||
| Intangible assets, net (excluding goodwill) | 35 | ||
| Total noncurrent assets: | 134 | ||
| TOTAL ASSETS: | 178 | ||
| LIABILITIES AND EQUITY | |||
| Liabilities | |||
| Current Liabilities | |||
| Accounts payable and accrued liabilities | 26 | ||
| Accounts payable | 22 | ||
| Accrued liabilities | 3 | ||
| Taxes payable | 0 | ||
| Due to related parties | 6 | ||
| Total current liabilities: | 32 | ||
| Noncurrent Liabilities | |||
| Liabilities, other than long-term debt | 8 | ||
| Accounts payable and accrued liabilities | 0 | ||
| Deferred tax liabilities, net | 7 | ||
| Total noncurrent liabilities: | 8 | ||
| Total liabilities: | 39 | ||
| Stockholders' equity | |||
| Stockholders' equity attributable to parent, including: | 139 | ||
| Additional paid in capital | 165 | ||
| Accumulated deficit | (26) | ||
| Other undisclosed stockholders' equity attributable to parent | 0 | ||
| Total stockholders' equity: | 139 | ||
| TOTAL LIABILITIES AND EQUITY: | 178 | ||
Income statement (P&L) ($ in millions)
| 12/31/2017 | ||
|---|---|---|
| Revenues (Revenue, Net) | 75 | |
| Cost of revenue (Cost of Goods and Services Sold) | (4) | |
| Gross profit: | 71 | |
| Operating expenses | (101) | |
| Other undisclosed operating income | 4 | |
| Operating loss: | (26) | |
| Nonoperating income (Other Nonoperating income) | 0 | |
| Loss from continuing operations before income taxes: | (26) | |
| Income tax expense | (1) | |
| Net loss available to common stockholders, diluted: | (26) | |
Comprehensive Income ($ in millions)
| 12/31/2017 | ||
|---|---|---|
| Net loss: | (26) | |
| Comprehensive loss, net of tax, attributable to parent: | (26) | |
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.