ModSys International Ltd. (MDSYF) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
6600 LBJ FREEWAY DALLAS, TX 75240 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7371 - Computer Programming Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 1,479 | 457 | 2,592 | |||
| Cash and cash equivalent | 1,479 | 449 | 2,592 | |||
| Short-term investments | 8 | |||||
| Restricted cash and investments | 4 | 8 | ||||
| Receivables | 2,020 | 4,979 | 3,160 | |||
| Prepaid expense | 105 | 114 | ||||
| Regulatory asset | 52 | 101 | ||||
| Deposits current assets | 19 | 24 | ||||
| Other current assets | 120 | 176 | 239 | |||
| Other undisclosed current assets | (2,684) | (1,404) | ||||
| Total current assets: | 3,623 | 3,112 | 4,826 | |||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 246 | 321 | 287 | |||
| Intangible assets, net (including goodwill) | 28,978 | 31,390 | 12,501 | |||
| Goodwill | 25,803 | 25,803 | 12,501 | |||
| Intangible assets, net (excluding goodwill) | 3,175 | 5,587 | ||||
| Total noncurrent assets: | 29,224 | 31,711 | 12,788 | |||
| TOTAL ASSETS: | 32,847 | 34,823 | 17,614 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 1,004 | 1,682 | 1,631 | |||
| Employee-related liabilities | 452 | 745 | ||||
| Accounts payable | 1,004 | 1,230 | 886 | |||
| Debt | 2,702 | 1,229 | ||||
| Postemployment benefits liability | (323) | 447 | 773 | |||
| Other liabilities | 959 | 989 | 902 | |||
| Deferred revenue and credits | 925 | 546 | 719 | |||
| Other undisclosed current liabilities | 357 | (859) | (1,478) | |||
| Total current liabilities: | 5,624 | 4,034 | 2,547 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 288 | 114 | 162 | |||
| Long-term debt, excluding current maturities | 288 | 114 | 162 | |||
| Liabilities, other than long-term debt | 262 | 269 | 601 | |||
| Postemployment benefits liability | ✕ | ✕ | ✕ | 290 | ||
| Liability, pension and other postretirement and postemployment benefits | 232 | 229 | ✕ | |||
| Other liabilities | 30 | 40 | ||||
| Derivative instruments and hedges, liabilities | 311 | |||||
| Total noncurrent liabilities: | 550 | 383 | 763 | |||
| Total liabilities: | 6,174 | 4,417 | 3,310 | |||
| Equity | ||||||
| Equity, attributable to parent, including: | 27,095 | 30,401 | 13,972 | |||
| Preferred stock | 1,164 | |||||
| Common stock | 172 | 170 | 105 | |||
| Treasury stock, value | (1,821) | (1,821) | (2,084) | |||
| Additional paid in capital | 154,882 | 153,208 | 133,712 | |||
| Accumulated other comprehensive loss | (1,537) | (1,537) | (1,537) | |||
| Accumulated deficit | (125,765) | (119,619) | (116,224) | |||
| Warrants and rights outstanding | 311 | |||||
| Other undisclosed equity, attributable to parent | (311) | |||||
| Equity, attributable to noncontrolling interest | (422) | 5 | 332 | |||
| Total equity: | 26,673 | 30,406 | 14,304 | |||
| TOTAL LIABILITIES AND EQUITY: | 32,847 | 34,823 | 17,614 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 9,807 | 7,240 | 8,537 | ||
| Cost of revenue (Cost of Product and Service Sold) | (6,033) | (4,076) | (4,489) | ||
| Gross profit: | 3,774 | 3,164 | 4,048 | ||
| Operating expenses | (8,758) | (7,680) | (8,373) | ||
| Other undisclosed operating income | 704 | 1,346 | |||
| Operating loss: | (4,984) | (3,812) | (2,979) | ||
| Interest and debt expense | (156) | (40) | (54) | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (961) | 155 | (60) | ||
| Loss from continuing operations before income taxes: | (6,101) | (3,697) | (3,093) | ||
| Income tax expense | (41) | (25) | (297) | ||
| Loss from continuing operations: | (6,142) | (3,722) | (3,390) | ||
| Loss before gain (loss) on sale of properties: | (6,142) | (3,722) | (3,390) | ||
| Other undisclosed net loss | (399) | ||||
| Net loss: | (6,142) | (3,722) | (3,789) | ||
| Net income (loss) attributable to noncontrolling interest | 328 | 327 | (243) | ||
| Net loss attributable to parent: | (5,814) | (3,395) | (4,032) | ||
| Other undisclosed net loss available to common stockholders, basic | |||||
| Net loss available to common stockholders, diluted: | (5,814) | (3,395) | (4,032) | ||
Comprehensive Income ($ in thousands)
| 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|
| Net loss: | (6,142) | (3,722) | (3,789) | ||
| Other comprehensive income (loss) | 22 | 5 | |||
| Other undisclosed comprehensive income (loss) | (22) | 322 | (243) | ||
| Comprehensive loss: | (6,142) | (3,395) | (4,032) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 328 | 327 | 243 | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (327) | (243) | |||
| Comprehensive loss, net of tax, attributable to parent: | (5,814) | (3,395) | (4,032) | ||
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.