On Track Innovations Ltd (OTIVF) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
HATNUFA 5 YOKNEAM, 2069200 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3674 - Semiconductors and Related Devices (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2022 MRQ | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments, including: | 815 | 1,482 | 4,848 | 5,905 | 10,073 | 11,537 | |||
| Cash and cash equivalent | 815 | 1,377 | 2,543 | 4,827 | 6,742 | 5,952 | |||
| Short-term investments | 105 | 105 | 2,305 | 1,078 | 3,331 | 5,585 | |||
| Other undisclosed cash, cash equivalents, and short-term investments | (105) | ||||||||
| Receivables | 3 | 1,255 | 2,740 | 4,696 | 6,300 | 5,620 | |||
| Inventory, net of allowances, customer advances and progress billings | 3,200 | 2,479 | 3,332 | 3,527 | 3,009 | 3,069 | |||
| Inventory | 3,200 | 2,479 | 3,332 | 3,527 | 3,009 | 3,069 | |||
| Prepaid expense | 166 | 257 | 224 | 226 | 381 | 526 | |||
| Contract with customer, asset, after allowance for credit loss | 64 | 142 | ✕ | ✕ | |||||
| Disposal group, including discontinued operation | 6,358 | ||||||||
| Other undisclosed current assets | 4,200 | 189 | 1,288 | 1,668 | 709 | 1,112 | |||
| Total current assets: | 8,448 | 12,162 | 12,432 | 16,022 | 20,472 | 21,864 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 2,134 | 2,903 | 2,134 | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 673 | 752 | 3,694 | 5,033 | 5,859 | 5,788 | |||
| Long-term investments and receivables | 485 | 411 | 383 | 375 | 405 | ||||
| Long-term investments | 485 | 411 | 383 | 375 | 405 | ||||
| Intangible assets, net (including goodwill) | 162 | 247 | 733 | 241 | 336 | 278 | |||
| Intangible assets, net (excluding goodwill) | 162 | 247 | 733 | 241 | 336 | 278 | |||
| Restricted cash and investments | 634 | 511 | 477 | 451 | 498 | ||||
| Other undisclosed noncurrent assets | 775 | ||||||||
| Total noncurrent assets: | 4,088 | 4,824 | 7,421 | 6,100 | 7,098 | 6,841 | |||
| TOTAL ASSETS: | 12,536 | 16,986 | 19,853 | 22,122 | 27,570 | 28,705 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 5,634 | 1,667 | 4,126 | 4,712 | 6,264 | 6,957 | |||
| Employee-related liabilities | 977 | ||||||||
| Accounts payable | 4,657 | 1,667 | 4,126 | 4,712 | 6,264 | 6,957 | |||
| Debt | 2,095 | 542 | 2,478 | 260 | 4,181 | 4,369 | |||
| Disposal group, including discontinued operation | 5,829 | ||||||||
| Other liabilities | 2,832 | 2,283 | 3,054 | 3,622 | 2,421 | 2,822 | |||
| Other undisclosed current liabilities | 768 | 625 | |||||||
| Total current liabilities: | 11,329 | 10,946 | 9,658 | 8,594 | 12,866 | 14,148 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 21 | 14 | 22 | 39 | 814 | 1,215 | |||
| Long-term debt, excluding current maturities | 21 | 14 | 22 | 39 | 814 | 1,215 | |||
| Liabilities, other than long-term debt | 1,038 | 1,420 | 884 | 1,298 | 1,439 | 1,184 | |||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | 445 | 500 | 373 | ||
| Liability, pension and other postretirement and postemployment benefits | 1,038 | 977 | 884 | 853 | 939 | 811 | |||
| Disposal group, including discontinued operation, liabilities | 443 | ||||||||
| Other undisclosed noncurrent liabilities | 1,650 | 1,900 | 1,899 | ||||||
| Total noncurrent liabilities: | 2,709 | 3,334 | 2,805 | 1,337 | 2,253 | 2,399 | |||
| Total liabilities: | 14,038 | 14,280 | 12,463 | 9,931 | 15,119 | 16,547 | |||
| Equity | |||||||||
| Equity, attributable to parent | (1,502) | 2,706 | 7,390 | 12,191 | 12,451 | 12,158 | |||
| Common stock | 2,008 | 1,423 | 1,226 | 1,068 | 1,064 | 1,061 | |||
| Treasury stock, value | (2,000) | (2,000) | (2,000) | (2,000) | (2,000) | (2,000) | |||
| Additional paid in capital | 233,462 | 227,209 | 225,970 | 225,022 | 224,758 | 224,415 | |||
| Accumulated other comprehensive loss | (348) | (961) | (974) | (956) | (691) | (1,236) | |||
| Accumulated deficit | (234,624) | (222,965) | (216,832) | (210,943) | (210,680) | (210,082) | |||
| Total equity: | (1,502) | 2,706 | 7,390 | 12,191 | 12,451 | 12,158 | |||
| TOTAL LIABILITIES AND EQUITY: | 12,536 | 16,986 | 19,853 | 22,122 | 27,570 | 28,705 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 14,875 | 12,742 | 14,751 | 21,878 | 22,382 | 20,564 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 17,299 | 14,721 | |
| Cost of revenue (Cost of Product and Service Sold) | (10,848) | (7,641) | (7,455) | (10,710) | (10,996) | (10,361) | ||
| Gross profit: | 4,027 | 5,101 | 7,296 | 11,168 | 11,386 | 10,203 | ||
| Operating expenses | (9,994) | (9,781) | (12,131) | (13,129) | (12,654) | (12,094) | ||
| Operating loss: | (5,967) | (4,680) | (4,835) | (1,961) | (1,268) | (1,891) | ||
| Nonoperating expense (Other Nonoperating expense) | (4,135) | (370) | (397) | (228) | (341) | |||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (396) | |||||||
| Loss from continuing operations before income taxes: | (10,102) | (5,050) | (5,232) | (2,189) | (1,609) | (2,287) | ||
| Income tax expense (benefit) | 13 | 10 | 57 | 301 | (74) | |||
| Loss from continuing operations: | (10,089) | (5,040) | (5,175) | (1,888) | (1,683) | (2,287) | ||
| Loss before gain (loss) on sale of properties: | ✕ | (10,089) | (5,040) | (5,175) | (263) | (598) | (2,287) | |
| Income from discontinued operations | 1,625 | 1,085 | ||||||
| Net loss: | (10,089) | (5,040) | (5,175) | (263) | (598) | (2,287) | ||
| Other undisclosed net income (loss) attributable to parent | (1,570) | (1,093) | (714) | 1,459 | ||||
| Net loss available to common stockholders, diluted: | (11,659) | (6,133) | (5,889) | (263) | (598) | (828) | ||
Comprehensive Income ($ in thousands)
| 3/31/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (10,089) | (5,040) | (5,175) | (263) | (598) | (2,287) | ||
| Other comprehensive loss | (922) | (1,012) | ||||||
| Other undisclosed comprehensive income (loss) | (265) | 545 | ||||||
| Comprehensive loss: | (11,011) | (5,040) | (5,175) | (528) | (53) | (3,299) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 32 | |||||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (35) | (1,080) | (732) | 2,287 | ||||
| Comprehensive loss, net of tax, attributable to parent: | (11,046) | (6,120) | (5,907) | (528) | (53) | (980) | ||
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.