Lighting Science Group Corp (LSCG) financial statements (2022 and earlier)

Company profile

Business Address 1350 DIVISION ROAD
WEST WARWICK, RI 02893
State of Incorp. DE
Fiscal Year End December 31
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
Q1
12/31/2016
Q4
9/30/2016
Q3
6/30/2016
Q2
3/31/2016
Q1
12/31/2015
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,7561,9111,5057231,692648
Cash and cash equivalents1,7561,9111,5057231,692648
Restricted cash and investments   3,0003,0003,000
Receivables5,7764,1138,9476,00410,4937,673
Inventory, net of allowances, customer advances and progress billings11,25516,42215,68714,91817,21221,450
Inventory11,25516,42215,68714,91817,21221,450
Prepaid expense1,2309637968561,1051,159
Other current assets     1,680
Other undisclosed current assets3,0003,0003,000   
Total current assets:23,01726,40929,93625,50033,50135,610
Noncurrent Assets
Property, plant and equipment611636708782669857
Intangible assets, net (including goodwill)3,5723,4963,3653,3643,1463,025
Intangible assets, net (excluding goodwill)3,5723,4963,3653,3643,1463,025
Other noncurrent assets107107107126114118
Other undisclosed noncurrent assets 401822062091,966
Total noncurrent assets:4,2894,2804,3624,4784,1375,966
TOTAL ASSETS:27,30630,68934,29829,97837,63941,575
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities17,42621,00918,86416,46015,79320,469
Accounts payable9,90113,84611,9459,6608,92813,193
Accrued liabilities7,5257,1636,9196,8006,8657,276
Debt2,1685,7858,7368,2251029
Other undisclosed current liabilities    11,0366,863
Total current liabilities:19,59426,79427,60024,68526,83927,360
Noncurrent Liabilities
Long-term debt and lease obligation29,38828,85928,27727,69227,11329,233
Long-term debt, excluding current maturities29,38828,85928,27727,69227,11329,233
Liabilities, other than long-term debt2,4181,0483,6264,8884,2464,173
Derivative instruments and hedges, liabilities2,4181,0483,6264,8884,2464,173
Total noncurrent liabilities:31,80629,90731,90332,58031,35933,406
Total liabilities:51,40056,70059,50257,26558,19960,766
Temporary equity, carrying amount563,996543,996540,186538,187538,187532,187
Stockholders' equity
Stockholders' equity attributable to parent, including:(588,090)(570,008)(565,390)(565,474)(558,747)(551,377)
Common stock220220    
Treasury stock, value(3,758)(3,758)(3,758)(3,758)(3,758)(3,758)
Additional paid in capital272,327282,615280,944280,051279,023281,486
Accumulated other comprehensive loss(1,448)(1,453)(1,487)(1,836)(2,088)(1,902)
Accumulated deficit(855,432)(847,632)(841,307)(840,144)(832,136)(827,416)
Other undisclosed stockholders' equity attributable to parent  217213213213
Total stockholders' equity:(588,090)(570,008)(565,390)(565,474)(558,747)(551,377)
TOTAL LIABILITIES AND EQUITY:27,30630,68934,29829,97837,63941,575

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

3/31/2017
Q1
12/31/2016
Q4
9/30/2016
Q3
6/30/2016
Q2
3/31/2016
Q1
12/31/2015
Q4
Revenues9,3379,24414,33712,01817,09817,520
Cost of revenue(7,356)(10,002)(12,003)(10,794)(13,619)(16,921)
Cost of goods and services sold(7,356)(10,002)(12,003)(10,794)(13,619)(17,036)
Other undisclosed gross profit     (969)
Gross profit:1,982(757)2,3341,2243,479(369)
Operating expenses(6,533)(6,435)(3,331)(6,641)(6,378)(10,016)
Operating loss:(4,552)(7,193)(998)(5,417)(2,899)(10,385)
Nonoperating income (expense)(3,247)865(164)(2,589)(1,818)(925)
Investment income, nonoperating(1,410)2,4371,239(646)(79)901
Other nonoperating income (expense)7231418(181)11(61)
Interest and debt expense(1,706)(1,587)(1,683)(1,624)(1,612)(1,570)
Other undisclosed income from continuing operations before equity method investments, income taxes1,7061,5871,6831,6241,6121,570
Loss from continuing operations before income taxes:(7,799)(6,328)(1,162)(8,006)(4,718)(11,309)
Income tax expense (benefit)(0)2(0)(2)(3)(2)
Net loss available to common stockholders, diluted:(7,799)(6,325)(1,162)(8,008)(4,720)(11,311)

Comprehensive Income ($ in thousands)

3/31/2017
Q1
12/31/2016
Q4
9/30/2016
Q3
6/30/2016
Q2
3/31/2016
Q1
12/31/2015
Q4
Net loss:(7,799)(6,325)(1,162)(8,008)(4,720)(11,311)
Comprehensive loss:(7,799)(6,325)(1,162)(8,008)(4,720)(11,311)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent534349252(186)1,098
Comprehensive loss, net of tax, attributable to parent:(7,794)(6,292)(813)(7,756)(4,906)(10,213)

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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