nDivision Inc. (NDVN) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
4925 GREENVILLE AVENUE, SUITE 200 DALLAS, TX 75206 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 521 | 363 | 785 | 1,721 | 1,807 | 1,850 | |||
| Cash and cash equivalents | 521 | 363 | 785 | 1,721 | 1,807 | 1,850 | |||
| Receivables | 572 | 677 | 721 | 498 | 531 | 516 | |||
| Prepaid expense | 163 | 223 | 280 | 230 | 121 | 157 | |||
| Total current assets: | 1,256 | 1,262 | 1,787 | 2,449 | 2,459 | 2,523 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 337 | 365 | 391 | 416 | 442 | 461 | |||
| Property, plant and equipment | 419 | 432 | 473 | 517 | 541 | 591 | |||
| Intangible assets, net (including goodwill) | 354 | 405 | 455 | 506 | |||||
| Intangible assets, net (excluding goodwill) | 354 | 405 | 455 | 506 | |||||
| Total noncurrent assets: | 756 | 797 | 1,218 | 1,338 | 1,438 | 1,558 | |||
| TOTAL ASSETS: | 2,012 | 2,059 | 3,004 | 3,788 | 3,897 | 4,081 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 888 | 500 | 736 | 515 | 373 | 529 | |||
| Interest and dividends payable | 145 | 122 | 4 | 51 | 23 | ||||
| Employee-related liabilities | 188 | 136 | 156 | 259 | 139 | 179 | |||
| Accounts payable | 233 | 206 | 141 | 258 | 153 | 165 | |||
| Accrued liabilities | 888 | 500 | 435 | 515 | 373 | 529 | |||
| Other undisclosed accounts payable and accrued liabilities | (566) | (464) | (567) | (315) | (344) | ||||
| Deferred revenue | 229 | 485 | |||||||
| Debt | 254 | 133 | 133 | 262 | 249 | 262 | |||
| Other undisclosed current liabilities | 1,408 | 313 | 473 | 1,595 | 1,538 | 1,581 | |||
| Total current liabilities: | 2,780 | 1,431 | 1,341 | 2,371 | 2,161 | 2,372 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 288 | 1,606 | 634 | 330 | 380 | 404 | |||
| Long-term debt, excluding current maturities | 359 | 1,050 | |||||||
| Finance lease, liability | 288 | 301 | 334 | 330 | 380 | 404 | |||
| Other undisclosed long-term debt and lease obligation | (586) | (328) | (337) | (362) | |||||
| Operating lease, liability | 227 | 255 | 300 | 328 | 337 | 362 | |||
| Other undisclosed noncurrent liabilities | 586 | (255) | 598 | 1,328 | 1,267 | 1,103 | |||
| Total noncurrent liabilities: | 874 | 1,606 | 1,532 | 1,657 | 1,647 | 1,507 | |||
| Total liabilities: | 3,654 | 3,038 | 2,873 | 4,029 | 3,808 | 3,879 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (1,642) | (979) | 131 | (241) | 90 | 202 | |||
| Common stock | 45 | 44 | 44 | 43 | 43 | 41 | |||
| Additional paid in capital | 9,492 | 9,044 | 8,821 | 8,078 | 7,160 | 6,628 | |||
| Retained earnings (accumulated deficit) | (11,179) | (10,066) | (8,734) | (8,361) | 7,113 | (6,467) | |||
| Other undisclosed equity, attributable to parent | (14,226) | ||||||||
| Total equity: | (1,642) | (979) | 131 | (241) | 90 | 202 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,012 | 2,059 | 3,004 | 3,788 | 3,897 | 4,081 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,499 | 1,696 | 1,571 | 1,377 | 1,280 | 1,477 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (15) | |||||||
| Other undisclosed gross profit | (1,485) | (1,460) | (1,251) | (1,142) | (1,015) | (1,046) | ||
| Gross profit: | 14 | 236 | 320 | 235 | 250 | 431 | ||
| Operating expenses | (4,876) | (1,220) | (1,371) | (852) | (932) | |||
| Other undisclosed operating income (loss) | 3,950 | (1,360) | ||||||
| Operating loss: | (913) | (1,124) | (900) | (1,135) | (602) | (501) | ||
| Nonoperating income (expense) | 242 | (209) | 527 | (113) | (44) | 1 | ||
| Debt instrument, convertible, beneficial conversion feature | ||||||||
| Other nonoperating income (expense) | (209) | 527 | (113) | (44) | 1 | |||
| Interest and debt expense | (689) | (9) | (190) | (113) | (52) | 1 | ||
| Loss from continuing operations before equity method investments, income taxes: | (1,360) | (1,342) | (562) | (1,361) | (698) | (499) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 247 | 9 | 190 | 113 | 52 | (1) | ||
| Loss from continuing operations: | (1,113) | (1,333) | (372) | (1,248) | (646) | (500) | ||
| Loss before gain (loss) on sale of properties: | (1,113) | (1,333) | (372) | (1,248) | (646) | (500) | ||
| Other undisclosed net income | ||||||||
| Net income (loss): | (1,113) | (1,333) | (372) | (1,248) | (646) | (500) | ||
| Other undisclosed net loss attributable to parent | ||||||||
| Net loss available to common stockholders, diluted: | (1,113) | (1,333) | (372) | (1,248) | (646) | (500) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (1,113) | (1,333) | (372) | (1,248) | (646) | (500) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (1,113) | (1,333) | (372) | (1,248) | (646) | (500) | ||
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.