Omnicomm Systems Inc (OMCM) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
2101 W COMMERCIAL BLVD. FORT LAUDERDALE, FL 33309 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2019 MRQ | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,441 | 1,177 | 1,439 | 835 | 523 | 1,161 | |||
| Cash and cash equivalent | 1,441 | 1,177 | 1,439 | 835 | 523 | 1,161 | |||
| Receivables | 6,175 | 7,493 | 5,455 | 4,092 | 3,416 | 1,600 | |||
| Prepaid expense | 384 | 297 | 196 | 170 | 228 | 147 | |||
| Other current assets | 5 | 11 | 35 | 14 | 18 | ||||
| Other undisclosed current assets | 148 | 176 | 154 | ||||||
| Total current assets: | 8,005 | 8,978 | 7,274 | 5,288 | 4,339 | 2,907 | |||
| Noncurrent Assets | |||||||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 1,360 | 553 | 638 | 684 | 468 | 607 | |||
| Intangible asset, including goodwill, after accumulated amortization | 731 | 98 | 109 | 149 | 801 | 946 | |||
| Goodwill | 597 | 676 | |||||||
| Intangible asset, excluding goodwill, after accumulated amortization | 731 | 98 | 109 | 149 | 204 | 270 | |||
| Prepaid expense | 169 | ||||||||
| Other noncurrent assets | 132 | 47 | 51 | ||||||
| Other undisclosed noncurrent assets | 59 | 197 | 196 | 83 | |||||
| Total noncurrent assets: | 2,223 | 697 | 856 | 1,029 | 1,464 | 1,805 | |||
| TOTAL ASSETS: | 10,228 | 9,675 | 8,130 | 6,317 | 5,803 | 4,712 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 2,070 | 2,586 | 2,123 | 1,957 | 1,894 | 2,541 | |||
| Interest and dividends payable | 73 | 173 | 108 | 863 | 876 | ||||
| Employee-related liabilities | 852 | 926 | 886 | 473 | 320 | 260 | |||
| Accounts payable | 895 | 1,303 | 697 | 516 | 614 | 724 | |||
| Accrued liabilities | 251 | 184 | 432 | 106 | 85 | ||||
| Other undisclosed accounts payable and accrued liabilities | 1,556 | ||||||||
| Debt | 116 | 50 | 50 | 75 | 4,075 | 3,538 | |||
| Derivative instruments and hedges, liabilities | 1,480 | ||||||||
| Estimated litigation liability | 113 | 963 | 963 | 963 | |||||
| Deferred revenue and credits | ✕ | ✕ | 7,565 | 7,250 | 7,055 | 5,841 | 2,866 | ||
| Other undisclosed current liabilities | 8,453 | 5,127 | 5,708 | 2,816 | 9,639 | ||||
| Total current liabilities: | 10,638 | 15,440 | 16,611 | 12,866 | 22,412 | 9,907 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 3,509 | 3,073 | 3,037 | 4,993 | 813 | 614 | |||
| Long-term debt, excluding current maturities | 3,334 | 3,073 | 3,037 | 4,993 | 813 | 614 | |||
| Capital lease obligations | 175 | ||||||||
| Liabilities, other than long-term debt | 2,235 | 2,610 | 2,678 | 8,764 | 2,348 | ||||
| Deferred revenue and credits | ✕ | ✕ | 1,952 | 2,289 | 2,193 | 2,393 | 1,385 | ||
| Estimated litigation liability | 109 | 465 | 670 | 963 | |||||
| Due to related parties | 283 | 212 | 20 | 5,701 | |||||
| Other undisclosed noncurrent liabilities | 7,764 | 6,120 | 7,000 | 7,200 | 9,590 | ||||
| Total noncurrent liabilities: | 11,274 | 11,428 | 12,647 | 14,870 | 19,166 | 2,963 | |||
| Other undisclosed liabilities | 23,303 | ||||||||
| Total liabilities: | 21,912 | 26,868 | 29,258 | 27,736 | 41,578 | 36,173 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (11,684) | (17,193) | (21,128) | (21,418) | (35,775) | (31,461) | |||
| Common stock | 155 | 149 | 148 | 132 | 92 | 90 | |||
| Additional paid in capital | 57,233 | 55,379 | 54,426 | 54,205 | 42,352 | 42,052 | |||
| Accumulated other comprehensive loss | (437) | (397) | (411) | (366) | (244) | (88) | |||
| Accumulated deficit | (68,636) | (72,324) | (75,291) | (75,393) | (77,979) | (73,520) | |||
| Other undisclosed equity, attributable to parent | 0 | 0 | 0 | 4 | 4 | 4 | |||
| Total equity: | (11,684) | (17,193) | (21,128) | (21,418) | (35,775) | (31,461) | |||
| TOTAL LIABILITIES AND EQUITY: | 10,228 | 9,675 | 8,130 | 6,317 | 5,803 | 4,712 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 27,104 | 26,980 | 25,420 | 20,711 | 16,461 | 14,332 | ||
| Revenue, net | ✕ | ✕ | 26,068 | 24,394 | 20,024 | 16,018 | 13,888 | |
| Cost of revenue | (4,902) | (5,281) | (5,375) | (4,448) | (3,971) | (2,911) | ||
| Cost of product and service sold | (4,285) | (5,281) | (5,375) | (4,448) | (3,971) | (2,911) | ||
| Gross profit: | 22,202 | 21,699 | 20,045 | 16,263 | 12,491 | 11,421 | ||
| Operating expenses | (19,668) | (18,165) | (15,879) | (15,011) | (14,346) | (11,898) | ||
| Other operating income (expense), net (Other Expenses) | (157) | 189 | ||||||
| Other undisclosed operating income (loss) | 157 | (189) | ||||||
| Operating income (loss): | 2,534 | 3,534 | 4,165 | 1,252 | (1,855) | (477) | ||
| Nonoperating income (expense) (Gain (Loss), Foreign Currency Transaction, before Tax) | (126) | 5 | (64) | (71) | (68) | (5) | ||
| Interest and debt expense | (406) | (419) | (422) | (300) | (224) | (150) | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 2,176 | (151) | (3,576) | 1,680 | (2,331) | (2,435) | ||
| Income (loss) from continuing operations before income taxes: | 4,178 | 2,968 | 103 | 2,562 | (4,479) | (3,067) | ||
| Income tax expense (benefit) | (490) | (1) | (1) | 25 | 20 | (94) | ||
| Income (loss) from continuing operations: | 3,688 | 2,967 | 102 | 2,586 | (4,459) | (3,161) | ||
| Income (loss) before gain (loss) on sale of properties: | 3,688 | 2,967 | 102 | 2,586 | (4,459) | (3,161) | ||
| Net income (loss) attributable to parent: | 3,688 | 2,967 | 102 | 2,586 | (4,459) | (3,161) | ||
| Preferred stock dividends and other adjustments | (182) | (206) | (206) | |||||
| Net income (loss) available to common stockholders, basic: | 3,688 | 2,967 | 102 | 2,404 | (4,666) | (3,368) | ||
| Dilutive securities, effect on basic earnings per share | (280) | 5 | 43 | |||||
| Net income (loss) available to common stockholders, diluted: | 3,408 | 2,972 | 102 | 2,448 | (4,666) | (3,368) | ||
Comprehensive Income ($ in thousands)
| 6/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 3,688 | 2,967 | 102 | 2,586 | (4,459) | (3,161) | ||
| Other comprehensive income (loss) | (39) | 13 | (44) | (123) | (156) | (19) | ||
| Comprehensive income (loss): | 3,649 | 2,980 | 58 | 2,464 | (4,616) | (3,180) | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (182) | (206) | (206) | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | 3,649 | 2,980 | 58 | 2,282 | (4,822) | (3,386) | ||
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.