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)Annual | Quarterly
| 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 investments | 4,447 | 260 | ||||
| Cash and cash equivalents | 4,447 | 260 | ||||
| Receivables | 34,216 | 21,763 | ||||
| Deferred costs | 133 | |||||
| Derivative instruments and hedges, assets | 107 | |||||
| Other current assets | 10,570 | 145 | ||||
| Other undisclosed current assets | 4,192 | |||||
| Total current assets: | 49,340 | 26,493 | ||||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 8,688 | 9,132 | ||||
| Intangible assets, net (including goodwill) | 124,216 | 127,341 | ||||
| Goodwill | 90,474 | 90,474 | ||||
| Intangible assets, net (excluding goodwill) | 33,742 | 36,867 | ||||
| Total noncurrent assets: | 132,904 | 136,473 | ||||
| TOTAL ASSETS: | 182,244 | 162,966 | ||||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 21,619 | 7,564 | ||||
| Taxes payable | 326 | 32 | ||||
| Accounts payable | 20,989 | 7,372 | ||||
| Accrued liabilities | 304 | 160 | ||||
| Debt | 10,221 | |||||
| Derivative instruments and hedges, liabilities | 13 | |||||
| Other liabilities | 4,102 | |||||
| Due to related parties | 5,957 | 7,460 | ||||
| Other undisclosed current liabilities | 1,185 | |||||
| Total current liabilities: | 43,097 | 15,024 | ||||
| Noncurrent Liabilities | ||||||
| Liabilities, other than long-term debt | 7,512 | 7,378 | ||||
| Accounts payable and accrued liabilities | 354 | |||||
| Deferred tax liabilities, net | 7,158 | 7,378 | ||||
| Total noncurrent liabilities: | 7,512 | 7,378 | ||||
| Total liabilities: | 50,609 | 22,402 | ||||
| Equity | ||||||
| Equity, attributable to parent, including: | 131,635 | 140,564 | ||||
| Additional paid in capital | 165,334 | 164,577 | ||||
| Accumulated other comprehensive loss | (37) | |||||
| Accumulated deficit | (33,770) | (26,039) | ||||
| Other undisclosed equity, attributable to parent | 108 | 2,026 | ||||
| Total equity: | 131,635 | 140,564 | ||||
| TOTAL LIABILITIES AND EQUITY: | 182,244 | 162,966 | ||||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q1 | ||
|---|---|---|---|---|---|
| Revenues | 54,259 | 15,881 | |||
| Revenue, net | ✕ | 54,259 | 15,881 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (1,161) | (1,138) | |||
| Gross profit: | 53,098 | 14,743 | |||
| Operating expenses | (56,742) | (23,281) | |||
| Other undisclosed operating income | 1,161 | 1,138 | |||
| Operating loss: | (2,483) | (7,400) | |||
| Nonoperating income (expense) | (4,976) | 1 | |||
| Other nonoperating income (expense) | (5,070) | 1 | |||
| Loss from continuing operations before equity method investments, income taxes: | (7,459) | (7,399) | |||
| Other undisclosed loss from continuing operations before income taxes | (94) | ||||
| Loss from continuing operations before income taxes: | (7,553) | (7,399) | |||
| Income tax expense (benefit) | 254 | (8) | |||
| Loss from continuing operations: | (7,299) | (7,407) | |||
| Loss before gain (loss) on sale of properties: | (7,299) | (7,407) | |||
| Net loss: | (7,299) | (7,407) | |||
| Net loss attributable to noncontrolling interest | (99) | ||||
| Other undisclosed net income attributable to parent | 99 | ||||
| Net loss attributable to parent: | (7,299) | (7,407) | |||
| Other undisclosed net loss available to common stockholders, basic | (99) | ||||
| Net loss available to common stockholders, diluted: | (7,398) | (7,407) | |||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q1 | ||
|---|---|---|---|---|---|
| Net loss: | (7,299) | (7,407) | |||
| Other comprehensive income | 37 | ||||
| Comprehensive loss: | (7,262) | (7,407) | |||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (99) | ||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 100 | ||||
| Comprehensive loss, net of tax, attributable to parent: | (7,261) | (7,407) | |||
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.