Mikros Systems Corp (MKRS) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
P O BOX 7189 PRINCETON, NJ 08540 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3829 - Measuring and Controlling Devices, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2020 MRQ | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,621 | 2,207 | 1,173 | 859 | 2,859 | 1,162 | |||
| Cash and cash equivalents | 1,621 | 2,207 | 1,173 | 859 | 2,859 | 1,162 | |||
| Other undisclosed current assets | 861 | 1,138 | 1,771 | 1,759 | 490 | 1,709 | |||
| Total current assets: | 2,482 | 3,345 | 2,944 | 2,618 | 3,349 | 2,871 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 354 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 297 | 313 | 123 | 26 | 42 | 14 | |||
| Intangible assets, net (including goodwill) | 45 | 65 | 84 | 96 | 116 | 0 | |||
| Intangible assets, net (excluding goodwill) | 45 | 65 | 84 | 96 | 116 | 0 | |||
| Deferred income tax assets | 1 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed noncurrent assets | 35 | 9 | 205 | 215 | 141 | ||||
| Total noncurrent assets: | 696 | 413 | 216 | 327 | 372 | 155 | |||
| TOTAL ASSETS: | 3,178 | 3,758 | 3,159 | 2,945 | 3,721 | 3,026 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 41 | 308 | 483 | 339 | 378 | 689 | |||
| Employee-related liabilities | 327 | 869 | 576 | 460 | 574 | 493 | |||
| Accrued liabilities | 154 | 40 | 241 | 360 | 34 | ||||
| Other undisclosed accounts payable and accrued liabilities | (286) | (714) | (133) | (363) | (556) | 162 | |||
| Deferred revenue | 17 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Debt | 127 | ||||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 19 | 8 | 24 | |||
| Customer advances and deposits | ✕ | ✕ | ✕ | 125 | |||||
| Contract with customer, liability | ✕ | ✕ | 40 | ✕ | ✕ | ✕ | ✕ | ||
| Other undisclosed current liabilities | 327 | 1,022 | 616 | 701 | 809 | 527 | |||
| Total current liabilities: | 512 | 1,371 | 1,118 | 1,048 | 1,336 | 1,215 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 245 | ||||||||
| Liabilities, other than long-term debt, including: | 20 | 22 | 140 | 117 | 8 | ||||
| Operating lease, liability | 245 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed liabilities, other than long-term debt | 20 | 22 | 140 | 117 | 8 | ||||
| Total noncurrent liabilities: | 245 | 20 | 22 | 140 | 117 | 8 | |||
| Total liabilities: | 757 | 1,390 | 1,139 | 1,188 | 1,453 | 1,223 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 2,421 | 2,368 | 2,020 | 1,757 | 2,187 | 1,723 | |||
| Common stock | 356 | 356 | 356 | 354 | 320 | 320 | |||
| Additional paid in capital | 10,129 | 10,106 | 10,088 | 10,062 | 11,632 | 11,629 | |||
| Accumulated deficit | (8,064) | (8,094) | (8,424) | (8,659) | (9,785) | (10,247) | |||
| Other undisclosed equity, attributable to parent | 20 | 20 | |||||||
| Other undisclosed equity | 80 | 80 | |||||||
| Total equity: | 2,421 | 2,368 | 2,020 | 1,757 | 2,268 | 1,803 | |||
| TOTAL LIABILITIES AND EQUITY: | 3,178 | 3,758 | 3,159 | 2,945 | 3,721 | 3,026 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2020 TTM | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 6,366 | 8,561 | 7,196 | 5,067 | 7,360 | 5,527 | ||
| Revenue, net | ✕ | ✕ | ✕ | 7,196 | 5,067 | 7,360 | 5,527 | |
| Cost of revenue | (2,280) | (3,603) | (2,994) | (2,047) | (3,585) | (2,683) | ||
| Cost of goods and services sold | (2,280) | (3,603) | (2,994) | (2,047) | ||||
| Gross profit: | 4,086 | 4,959 | 4,202 | 3,020 | 3,775 | 2,844 | ||
| Operating expenses | (4,025) | (4,466) | (3,745) | (1,121) | ||||
| Other undisclosed operating loss | (2,846) | (2,977) | (1,256) | |||||
| Operating income: | 61 | 493 | 457 | 174 | 798 | 467 | ||
| Nonoperating income | 3 | |||||||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 5 | 3 | 4 | 3 | 0 | |||
| Income from continuing operations before income taxes: | 66 | 496 | 460 | 179 | 801 | 467 | ||
| Income tax expense (benefit) | (35) | (167) | (224) | (96) | (340) | 66 | ||
| Income from continuing operations: | 31 | 329 | 236 | 82 | 462 | 533 | ||
| Income before gain (loss) on sale of properties: | ✕ | 31 | 329 | 236 | 82 | 462 | 533 | |
| Net income attributable to parent: | 31 | 329 | 236 | 82 | 462 | 533 | ||
| Preferred stock dividends and other adjustments | 1,043 | |||||||
| Other undisclosed net loss available to common stockholders, basic | (4) | (4) | ||||||
| Net income available to common stockholders, basic: | 31 | 329 | 236 | 1,126 | 458 | 529 | ||
| Other undisclosed net income available to common stockholders, diluted | 4 | 4 | ||||||
| Net income available to common stockholders, diluted: | 31 | 329 | 236 | 1,126 | 462 | 533 | ||
Comprehensive Income ($ in thousands)
| 9/30/2020 TTM | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 31 | 329 | 236 | 82 | 462 | 533 | ||
| Comprehensive income, net of tax, attributable to parent: | 31 | 329 | 236 | 82 | 462 | 533 | ||
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.