Emerson Radio Corporation (MSN) Financial Statements (2026 and earlier)

Company Profile

Business Address 959 ROUTE 46 EAST
PARSIPPANY, NJ 07054
State of Incorp. DE
Fiscal Year End March 31
Industry (SIC) 3651 - Household Audio and Video Equipment (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

12/31/2025
MRQ
3/31/2025
3/31/2024
3/31/2023
3/31/2022
3/31/2021
3/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments16,05419,89025,26825,57630,29034,377
Cash and cash equivalent1,18619,89025,26825,5765,2456,276
Short-term investments14,868   25,04528,101
Receivables1,4991,3431,1651,294691484
Inventory, net of allowances, customer advances and progress billings (354)(316)    
Inventory (354)(316)    
Other undisclosed current assets5,5957,6874,6622,6432,6112,495
Total current assets:22,79428,60431,09529,51333,59237,356
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization601235
Operating lease, right-of-use asset443282200403213442
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization2119512 4
Other noncurrent assets768474909494
Other undisclosed noncurrent assets 0(0)(1)   
Total noncurrent assets:736461276497310545
TOTAL ASSETS:23,53029,06531,37130,01033,90237,901
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 668531401195195195
Taxes payable✕✕✕✕195195195
Accrued liabilities 668531401   
Deferred revenue 96191149210195180
Debt10111242
Due to related parties✕✕✕  1 
Other undisclosed current liabilities9451,2524,0979691,144592
Total current liabilities:1,7101,9744,6481,3751,5361,209
Noncurrent Liabilities
Long-term debt and lease obligation5 020385238
Finance lease, liability5 0234
Liabilities, other than long-term debt3218661,2641,6131,8362,033
Accounts payable and accrued liabilities  6681,2021,6131,8362,033
Operating lease, liability3211986220182234
Other undisclosed noncurrent liabilities (0) (0)   
Total noncurrent liabilities:3268661,2641,8161,9212,271
Total liabilities:2,0362,8405,9123,1913,4573,480
Equity
Equity, attributable to parent21,49426,22525,45926,81930,44534,421
Preferred stock3,3103,3103,3103,3103,3103,310
Common stock529529529529529529
Treasury stock, value(33,201)(33,201)(33,201)(33,201)(33,201)(33,201)
Additional paid in capital79,79279,79279,79279,79279,79279,792
Accumulated deficit(28,936)(24,205)(24,971)(23,611)(19,985)(16,009)
Total equity:21,49426,22525,45926,81930,44534,421
TOTAL LIABILITIES AND EQUITY:23,53029,06531,37130,01033,90237,901

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

12/31/2025
TTM
3/31/2025
3/31/2024
3/31/2023
3/31/2022
3/31/2021
3/31/2020
Revenues10,7859,0707,1778,2067,4456,293
Cost of revenue(9,884)(10,606)(5,076)(6,237)(5,749)(6,755)
Cost of product and service sold(9,884)(7,506)(5,076)(6,237)(5,749)(6,755)
Gross profit:901(1,536)2,1011,9691,696(462)
Operating expenses(6,516)(1,863)(4,197)(5,409)(5,891)(4,164)
Operating loss:(5,615)(3,399)(2,096)(3,440)(4,195)(4,626)
Nonoperating income
(Investment Income, Nonoperating)		 8961,16071268158776
Interest and debt expense  (5)(10)(11)(7) 
Other undisclosed income from continuing operations before equity method investments, income taxes      
Loss from continuing operations before equity method investments, income taxes:(4,719)(2,244)(1,394)(3,383)(4,044)(3,850)
Other undisclosed income (loss) from continuing operations before income taxes(9)3,10034(243)83 
Income (loss) from continuing operations before income taxes:(4,728)856(1,360)(3,626)(3,961)(3,850)
Income tax expense (3)(90)  (15)(457)
Income (loss) from continuing operations:(4,731)766(1,360)(3,626)(3,976)(4,307)
Loss before gain (loss) on sale of properties:✕✕✕✕(3,626)(3,976)(4,307)
Net income (loss) available to common stockholders, diluted:(4,731)766(1,360)(3,626)(3,976)(4,307)

Comprehensive Income ($ in thousands)
Annual | Quarterly

12/31/2025
TTM
3/31/2025
3/31/2024
3/31/2023
3/31/2022
3/31/2021
3/31/2020
Net income (loss):(4,731)766(1,360)(3,626)(3,976)(4,307)
Comprehensive income (loss), net of tax, attributable to parent:(4,731)766(1,360)(3,626)(3,976)(4,307)

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: