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)

6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments04 0
Cash and cash equivalents04 0
Receivables4034 22
Deferred costs   0
Derivative instruments and hedges, assets00  
Other current assets111 0
Other undisclosed current assets   4
Total current assets:4249 26
Noncurrent Assets
Property, plant and equipment89 9
Intangible assets, net (including goodwill)123124 127
Goodwill9090 90
Intangible assets, net (excluding goodwill)3234 37
Total noncurrent assets:131133 136
TOTAL ASSETS:173182 163
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2322 8
Accounts payable2321 7
Accrued liabilities00 0
Taxes payable00 0
Debt1010  
Derivative instruments and hedges, liabilities00  
Due to related parties26 7
Other liabilities24  
Other undisclosed current liabilities 1  
Total current liabilities:3743 15
Noncurrent Liabilities
Liabilities, other than long-term debt78 7
Accounts payable and accrued liabilities 0  
Deferred tax liabilities, net77 7
Total noncurrent liabilities:78 7
Total liabilities:4551 22
Stockholders' equity
Stockholders' equity attributable to parent, including:128132 141
Additional paid in capital165165 165
Accumulated other comprehensive loss(0)(0)  
Accumulated deficit(37)(34) (26)
Other undisclosed stockholders' equity attributable to parent00 2
Total stockholders' equity:128132 141
TOTAL LIABILITIES AND EQUITY:173182 163

Income statement (P&L) ($ in millions)

6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q1
Revenues4054 16
Revenue, net54 16
Cost of revenue
(Cost of Goods and Services Sold)
 (1) (1)
Gross profit:4053 15
Operating expenses(44)(57) (23)
Other undisclosed operating income 1 1
Operating loss:(4)(2) (7)
Nonoperating income (expense)0(5) 0
Other nonoperating income (expense)0(5) 0
Loss from continuing operations before equity method investments, income taxes:(4)(7) (7)
Other undisclosed loss from continuing operations before income taxes (0)  
Loss from continuing operations before income taxes:(4)(8) (7)
Income tax expense (benefit)00 (0)
Net loss:(4)(7) (7)
Net loss attributable to noncontrolling interest(0)(0)  
Other undisclosed net income attributable to parent00  
Net loss attributable to parent:(4)(7) (7)
Other undisclosed net loss available to common stockholders, basic(0)(0)  
Net loss available to common stockholders, diluted:(4)(7) (7)

Comprehensive Income ($ in millions)

6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q1
Net loss:(4)(7) (7)
Other comprehensive income00  
Comprehensive loss:(4)(7) (7)
Comprehensive loss, net of tax, attributable to noncontrolling interest(0)(0)  
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(0)0  
Comprehensive loss, net of tax, attributable to parent:(4)(7) (7)

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.

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