Loop Media Inc. (LPTV) Financial Statements (2025 and earlier)

Company Profile

Business Address 2600 WEST OLIVE AVENUE
BURBANK, CA 91505
State of Incorp. NV
Fiscal Year End September 30
Industry (SIC) 7363 - Help Supply Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2024
Q4
6/30/2024
Q3
3/31/2024
Q2
12/31/2023
Q1
9/30/2023
Q4
6/30/2023
Q3
3/31/2023
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,5462,1973,8113,0696,3864,651
Cash and cash equivalents1,5462,1973,8113,0696,3864,651
Receivables3,5423,5727,9416,2125,5005,694
Deferred costs      233
Other undisclosed current assets1,4412,4172,6073,2063,8763,618
Total current assets:6,5288,18614,36012,48715,76314,196
Noncurrent Assets
Operating lease, right-of-use asset190206   17
Property, plant and equipment2,5082,2902,5342,7122,9132,701
Intangible assets, net (including goodwill)394422450478506534
Intangible assets, net (excluding goodwill)394422450478506534
Deposits noncurrent assets101012126464
Deferred costs 5036991,711744471 
Other undisclosed noncurrent assets2122583044495801,112
Total noncurrent assets:3,8163,8845,0114,3954,5354,428
TOTAL ASSETS:10,34412,07019,37016,88220,29818,624
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:15,19814,69315,22313,45611,73713,481
Accounts payable5,5027,9426,6274,9795,2056,883
Accrued liabilities1,8661,4942,3243,5462,7223,413
Other undisclosed accounts payable and accrued liabilities7,8305,2576,2724,9303,8113,185
Debt13133  1,9671,810
Other undisclosed current liabilities5,3084,8037,2095,5996,0621,301
Total current liabilities:20,63719,52922,43219,05519,76616,592
Noncurrent Liabilities
Long-term debt and lease obligation23079  2,6564,185
Long-term debt, excluding current maturities     2,6564,185
Finance lease, liability23079    
Liabilities, other than long-term debt122140    
Operating lease, liability122140    
Other undisclosed noncurrent liabilities1,8082,2866252,643 3,089
Total noncurrent liabilities:2,1602,5056252,6432,6567,274
Total liabilities:22,79722,03523,05821,69822,42223,865
Equity
Equity, attributable to parent(12,453)(9,964)(3,687)(4,816)(2,125)(5,241)
Common stock877766
Additional paid in capital134,132131,170129,877123,463117,143106,152
Accumulated deficit(146,593)(141,142)(133,571)(128,286)(119,274)(111,398)
Total equity:(12,453)(9,964)(3,687)(4,816)(2,125)(5,241)
TOTAL LIABILITIES AND EQUITY:10,34412,07019,37016,88220,29818,624

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

9/30/2024
Q4
6/30/2024
Q3
3/31/2024
Q2
12/31/2023
Q1
9/30/2023
Q4
6/30/2023
Q3
3/31/2023
Q2
Revenues4,3514,00210,1715,6885,7355,393
Cost of revenue(3,440)(3,584)(6,547)(4,123)(3,912)(3,808)
Gross profit:9104183,6251,5651,8231,585
Operating expenses(5,691)(7,261)(7,881)(9,710)(9,319)(10,480)
Operating loss:(4,780)(6,843)(4,257)(8,145)(7,495)(8,895)
Nonoperating expense(671)(728)(1,029)(850)(380)(922)
Other nonoperating income (expense)0(2)(1,029)(850)(380)(922)
Interest and debt expense(671)(729)(1,002)(913)(963)(919)
Loss from continuing operations before equity method investments, income taxes:(6,122)(8,300)(6,288)(9,907)(8,838)(10,737)
Other undisclosed income from continuing operations before income taxes6717291,002913963919
Loss from continuing operations before income taxes:(5,451)(7,571)(5,285)(8,995)(7,875)(9,817)
Income tax expense(0)  (17)(0) 
Net loss available to common stockholders, basic:(5,452)(7,571)(5,285)(9,012)(7,876)(9,817)
Other undisclosed net income (loss) available to common stockholders, diluted  (420)   
Net loss available to common stockholders, diluted:(5,452)(7,571)(5,705)(9,012)(7,876)(9,817)

Comprehensive Income ($ in thousands)

9/30/2024
Q4
6/30/2024
Q3
3/31/2024
Q2
12/31/2023
Q1
9/30/2023
Q4
6/30/2023
Q3
3/31/2023
Q2
Net loss:(5,452)(7,571)(5,285)(9,012)(7,876)(9,817)
Comprehensive loss, net of tax, attributable to parent:(5,452)(7,571)(5,285)(9,012)(7,876)(9,817)

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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