Lattice Inc (LTTC) Financial Statements (2024 and earlier)

Company Profile

Business Address 7150 N. PARK DRIVE
PENNSAUKEN, NJ 08109
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 3661 - Telephone and Telegraph Apparatus (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

6/30/2016
MRQ
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 18725631330
Cash and cash equivalents 18725631330
Receivables 9782,3393502,421
Inventory, net of allowances, customer advances and progress billings 5129
Inventory 5129 
Prepaid expense and other current assets134
Costs in excess of billings   (46) 
Other current assets 17746674
Other undisclosed current assets 3254491,944 
Total current assets: 1,7173,5112,6442,585
Noncurrent Assets
Property, plant and equipment 516692862518
Long-term investments and receivables  485350 
Accounts and financing receivable, after allowance for credit loss  485350 
Intangible assets, net (including goodwill) 5206508952,524
Goodwill    691
Intangible assets, net (excluding goodwill) 5206508951,833
Other noncurrent assets  7613
Prepaid expense and other noncurrent assets3
Other undisclosed noncurrent assets 820  (691)
Total noncurrent assets: 1,8561,9032,1202,355
TOTAL ASSETS: 3,5735,4144,7644,940
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 3,5013,8523,3403,354
Accounts payable 2,3901,3771,0761,854
Accrued liabilities 1,1102,4752,2641,500
Debt 1,8121,4182,6022,278
Derivative instruments and hedges, liabilities 307012358
Deferred revenue and credits 16783  
Customer advances and deposits 4011,187
Other undisclosed current liabilities 2,750 1,070457
Total current liabilities: 8,6606,6107,1346,146
Noncurrent Liabilities
Long-term debt and lease obligation 147378100422
Long-term debt, excluding current maturities 140378100422
Capital lease obligations 7   
Liabilities, other than long-term debt  771 94
Deferred tax liabilities, net    94
Derivative instruments and hedges, liabilities  771  
Other undisclosed noncurrent liabilities 2,136   
Total noncurrent liabilities: 2,2821,150100517
Total liabilities: 10,9437,7607,2346,663
Equity
Equity, attributable to parent, including: (7,370)(2,345)(2,470)(1,843)
Common stock 947539353326
Treasury stock, value (558)(558)(558)(558)
Common stock, value, subscriptions 5 
Additional paid in capital 45,67445,48543,71443,338
Accumulated other comprehensive income 32  
Accumulated deficit (53,451)(47,894)(46,066)(45,039)
Other undisclosed equity, attributable to parent 10808790
Equity, attributable to noncontrolling interest    120
Total equity: (7,370)(2,345)(2,470)(1,722)
TOTAL LIABILITIES AND EQUITY: 3,5735,4144,7644,940

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

6/30/2016
TTM
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues
(Revenue, Net)
 7,5878,9418,27010,774
Cost of revenue (4,730)(5,336)(5,461)(6,996)
Gross profit: 2,8573,6052,8093,778
Operating expenses (5,787)(5,091)(3,428)(4,340)
Operating loss: (2,930)(1,486)(619)(562)
Nonoperating expense (2,602)(316)(399)(138)
Other nonoperating income    256
Interest and debt expense (1,033)(619)(327)(433)
Loss from continuing operations before income taxes: (6,565)(2,421)(1,345)(1,133)
Income tax expense (benefit)   (2)130
Loss from continuing operations: (6,565)(2,421)(1,347)(1,003)
Loss before gain (loss) on sale of properties: (6,565)(2,421)(1,851)(1,003)
Loss from discontinued operations   (504) 
Other undisclosed net income    433
Net loss: (6,565)(2,421)(1,851)(571)
Other undisclosed net income attributable to parent 1,033619849 
Net loss attributable to parent: (5,532)(1,802)(1,002)(571)
Preferred stock dividends and other adjustments    (25)
Other undisclosed net loss available to common stockholders, basic (25)(25)(25) 
Net loss available to common stockholders, diluted: (5,557)(1,827)(1,027)(596)

Comprehensive Income ($ in thousands)

6/30/2016
TTM
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net loss: (6,565)(2,421)(1,851)(571)
Other undisclosed comprehensive income 1,033619  
Comprehensive loss: (5,532)(1,802)(1,851)(571)
Other undisclosed comprehensive income, net of tax, attributable to parent 12  
Comprehensive loss, net of tax, attributable to parent: (5,532)(1,800)(1,851)(571)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: