Lighting Science Group Corp (LSCG) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1350 DIVISION ROAD WEST WARWICK, RI 02893 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 364 - Electric Lighting And Wiring Equipment (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2017 MRQ | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 1,911 | 648 | 1,609 | 11,195 | 15,834 | |||
| Cash and cash equivalents | 1,911 | 648 | 1,609 | 11,195 | 15,834 | |||
| Restricted cash and investments | 3,000 | 3,000 | 5,000 | 5,000 | ||||
| Receivables | 4,113 | 7,673 | 10,418 | 7,772 | 13,130 | |||
| Inventory, net of allowances, customer advances and progress billings | 16,422 | 21,450 | 22,726 | 19,061 | 28,981 | |||
| Inventory | 16,422 | 21,450 | 22,726 | 19,061 | 28,981 | |||
| Prepaid expense | 963 | 1,159 | 2,937 | 1,900 | ✕ | |||
| Deferred costs | 1,300 | |||||||
| Other current assets | 1,680 | 1,611 | 359 | ✕ | ||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | 3,141 | ||
| Other undisclosed current assets | 3,000 | (1,300) | ||||||
| Total current assets: | 26,409 | 35,610 | 42,301 | 45,287 | 66,087 | |||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 636 | 857 | 2,650 | 6,499 | 16,543 | |||
| Intangible assets, net (including goodwill) | 3,496 | 3,025 | 2,572 | 1,850 | 864 | |||
| Intangible assets, net (excluding goodwill) | 3,496 | 3,025 | 2,572 | 1,850 | 864 | |||
| Deferred costs | 3,230 | |||||||
| Other noncurrent assets | 107 | 118 | 118 | 254 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | 739 | ||
| Other undisclosed noncurrent assets | 40 | 1,966 | 720 | 1,407 | 1,360 | |||
| Total noncurrent assets: | 4,280 | 5,966 | 9,292 | 10,010 | 19,507 | |||
| TOTAL ASSETS: | 30,689 | 41,575 | 51,592 | 55,297 | 85,594 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 21,009 | 20,469 | 29,289 | 23,161 | 21,546 | |||
| Accounts payable | 13,846 | 13,193 | 19,365 | 15,980 | 14,791 | |||
| Accrued liabilities | 7,163 | 7,276 | 9,924 | 7,180 | 6,755 | |||
| Debt | 5,785 | 29 | 59 | 5 | 4 | |||
| Other undisclosed current liabilities | 6,863 | 6,909 | 41,841 | 7,181 | ||||
| Total current liabilities: | 26,794 | 27,360 | 36,256 | 65,007 | 28,731 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 28,859 | 29,233 | 35 | 8 | 14 | |||
| Long-term debt, excluding current maturities | 28,859 | 29,233 | 35 | 8 | 14 | |||
| Liabilities, other than long-term debt | 1,048 | 4,173 | 5,637 | |||||
| Derivative instruments and hedges, liabilities | 1,048 | 4,173 | 5,637 | |||||
| Other undisclosed noncurrent liabilities | 27,813 | 9,175 | 9,321 | |||||
| Total noncurrent liabilities: | 29,907 | 33,406 | 33,485 | 9,184 | 9,335 | |||
| Total liabilities: | 56,700 | 60,766 | 69,742 | 74,190 | 38,066 | |||
| Temporary equity, carrying amount | 543,996 | 532,187 | 468,907 | 391,957 | 352,025 | |||
| Equity | ||||||||
| Equity, attributable to parent, including: | (570,008) | (551,377) | (487,056) | (410,850) | (304,497) | |||
| Common stock | 220 | |||||||
| Treasury stock, value | (3,758) | (3,758) | (3,758) | (3,758) | (3,758) | |||
| Additional paid in capital | 282,615 | 281,486 | 320,175 | 331,200 | 347,686 | |||
| Accumulated other comprehensive loss | (1,453) | (1,902) | (3,358) | (3,769) | (3,718) | |||
| Accumulated deficit | (847,632) | (827,416) | (800,329) | (734,734) | (644,917) | |||
| Other undisclosed equity, attributable to parent | 213 | 212 | 210 | 208 | ||||
| Total equity: | (570,008) | (551,377) | (487,056) | (410,850) | (304,497) | |||
| TOTAL LIABILITIES AND EQUITY: | 30,689 | 41,575 | 51,592 | 55,297 | 85,594 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 52,697 | 79,750 | 91,285 | 83,222 | 127,111 | ||
| Cost of revenue | (46,418) | (68,549) | (92,932) | (98,043) | (146,903) | ||
| Cost of goods and services sold | (46,418) | (68,549) | (92,425) | (98,043) | (146,903) | ||
| Other undisclosed gross profit | 5,230 | ||||||
| Gross profit: | 6,279 | 11,201 | 3,582 | (14,822) | (19,791) | ||
| Operating expenses | (22,785) | (30,510) | (46,496) | (75,114) | (86,004) | ||
| Operating loss: | (16,506) | (19,309) | (42,913) | (89,936) | (105,795) | ||
| Nonoperating income (expense) | (3,706) | (7,762) | (22,681) | 119 | (5,545) | ||
| Investment income, nonoperating | 2,951 | (597) | (15,659) | 3,898 | 8,509 | ||
| Other nonoperating income (expense) | 480 | (349) | (267) | 247 | 166 | ||
| Interest and debt expense | (6,584) | (6,283) | (6,279) | (4,027) | (4,647) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 6,584 | 6,283 | 6,279 | 4,027 | 4,647 | ||
| Loss from continuing operations before income taxes: | (20,213) | (27,071) | (65,595) | (89,817) | (111,340) | ||
| Income tax expense | (3) | (17) | |||||
| Loss from continuing operations: | (20,216) | (27,088) | (65,595) | (89,817) | (111,340) | ||
| Loss before gain (loss) on sale of properties: | (20,216) | (27,088) | (65,595) | (89,817) | (111,340) | ||
| Net loss available to common stockholders, diluted: | (20,216) | (27,088) | (65,595) | (89,817) | (111,340) | ||
Comprehensive Income ($ in thousands)
| 3/31/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Net loss: | (20,216) | (27,088) | (65,595) | (89,817) | (111,340) | ||
| Comprehensive loss: | (20,216) | (27,088) | (65,595) | (89,817) | (111,340) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 449 | 1,456 | 411 | (51) | (70) | ||
| Comprehensive loss, net of tax, attributable to parent: | (19,767) | (25,632) | (65,184) | (89,869) | (111,410) | ||
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.