Longfin Corp (LFIN) Financial Statements (2024 and earlier)

Company Profile

Business Address 16-017, 85 BROAD STREET,
NEW YORK, 10004
State of Incorp. DE
Fiscal Year End December 31
Industry (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 thousands)

6/30/2018
MRQ
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 2,189
Cash and cash equivalents 2,189
Receivables 41,526
Other current assets 336
Total current assets: 44,051
Noncurrent Assets
Property, plant and equipment 8,429
Intangible assets, net (including goodwill) 125,779
Goodwill 90,474
Intangible assets, net (excluding goodwill) 35,305
Total noncurrent assets: 134,208
TOTAL ASSETS: 178,259
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 25,661
Taxes payable 305
Accounts payable 21,987
Accrued liabilities 3,369
Due to related parties 5,843
Total current liabilities: 31,504
Noncurrent Liabilities
Liabilities, other than long-term debt 7,789
Accounts payable and accrued liabilities 354
Deferred tax liabilities, net 7,435
Total noncurrent liabilities: 7,789
Total liabilities: 39,293
Equity
Equity, attributable to parent, including: 138,966
Additional paid in capital 165,334
Accumulated deficit (26,369)
Other undisclosed equity, attributable to parent 1
Total equity: 138,966
TOTAL LIABILITIES AND EQUITY: 178,259

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

6/30/2018
TTM
12/31/2017
Revenues
(Revenue, Net)
 75,048
Cost of revenue
(Cost of Goods and Services Sold)
 (3,840)
Gross profit: 71,208
Operating expenses (100,686)
Other undisclosed operating income 3,840
Operating loss: (25,638)
Nonoperating income
(Other Nonoperating income)
 5
Loss from continuing operations before income taxes: (25,633)
Income tax expense (736)
Loss from continuing operations: (26,369)
Loss before gain (loss) on sale of properties: (26,369)
Net loss available to common stockholders, diluted: (26,369)

Comprehensive Income ($ in thousands)

6/30/2018
TTM
12/31/2017
Net loss: (26,369)
Comprehensive loss, net of tax, attributable to parent: (26,369)

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.

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