Overland Storage Inc (OVRL) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
9112 SPECTRUM CENTER BOULEVARD SAN DIEGO, CA 92123 |
| State of Incorp. | CA |
| Fiscal Year End | June 30 |
| Industry (SIC) | 3572 - Computer Storage Devices (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2014 Q1 | 6/30/2014 Q4 | 3/31/2014 Q3 | 12/31/2013 Q2 | 9/30/2013 Q1 | 6/30/2013 Q4 | 3/31/2013 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 6,896 | 12,076 | 7,343 | 9,611 | 5,799 | 8,831 | 14,148 | ||
| Cash and cash equivalents | 3,452 | 4,262 | 2,441 | 4,894 | 3,934 | 8,831 | 14,148 | ||
| Short-term investments | 3,444 | 7,814 | 4,902 | 4,717 | 1,865 | ||||
| Receivables | 13,892 | 14,171 | 14,298 | 6,335 | 6,366 | 6,640 | 6,331 | ||
| Inventory, net of allowances, customer advances and progress billings | 15,821 | 15,525 | 16,040 | 10,171 | 10,029 | 10,354 | 10,832 | ||
| Inventory | 15,821 | 15,525 | 16,040 | 10,171 | 10,029 | 10,354 | 10,832 | ||
| Prepaid expense | 748 | 988 | 1,097 | ||||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | 3,115 | 5,179 | ||
| Other current assets | 3,417 | 2,419 | 2,619 | 1,695 | 1,846 | ||||
| Other undisclosed current assets | (600) | (148) | (988) | (1,097) | (1,192) | (2,162) | |||
| Total current assets: | 39,426 | 44,191 | 40,900 | 27,812 | 24,040 | 27,748 | 34,328 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 5,802 | 5,799 | 5,785 | 2,205 | 2,039 | 2,014 | 1,894 | ||
| Intangible assets, net (including goodwill) | 42,186 | 42,828 | 43,925 | 823 | 985 | 652 | 826 | ||
| Goodwill | 19,044 | 19,044 | 19,434 | ||||||
| Intangible assets, net (excluding goodwill) | 23,142 | 23,784 | 24,491 | 823 | 985 | 652 | 826 | ||
| Prepaid expense | 456 | 541 | |||||||
| Other noncurrent assets | 1,331 | 1,121 | 1,178 | 782 | 814 | ||||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | 1,691 | 2,481 | ||
| Other undisclosed noncurrent assets | (456) | (541) | (702) | (1,123) | |||||
| Total noncurrent assets: | 49,319 | 49,748 | 50,888 | 3,810 | 3,838 | 3,655 | 4,078 | ||
| TOTAL ASSETS: | 88,745 | 93,939 | 91,788 | 31,622 | 27,878 | 31,403 | 38,406 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 24,243 | 21,618 | 19,430 | 12,593 | 11,293 | 20,274 | 23,071 | ||
| Taxes payable | 128 | 118 | 251 | 202 | 187 | 178 | 293 | ||
| Employee-related liabilities | 3,930 | 3,561 | 3,236 | 1,532 | 1,817 | 2,140 | 2,103 | ||
| Accounts payable | 13,454 | 11,159 | 9,799 | 5,467 | 4,555 | 5,221 | 5,811 | ||
| Accrued liabilities | 6,731 | 6,780 | 6,144 | 5,392 | 4,734 | 12,735 | 14,864 | ||
| Debt | 5,137 | 1,011 | 3,500 | ||||||
| Deferred revenue and credits | 7,254 | 7,941 | 8,337 | 7,131 | 7,392 | 7,533 | 7,837 | ||
| Deferred tax liabilities | 986 | ||||||||
| Other liabilities | 1,487 | 1,874 | 2,083 | 951 | 963 | 1,048 | 2,945 | ||
| Other undisclosed current liabilities | 942 | 994 | 1,121 | (1,338) | (206) | (7,791) | (9,883) | ||
| Total current liabilities: | 39,063 | 32,427 | 31,982 | 20,323 | 19,442 | 21,064 | 27,470 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 14,528 | 3,400 | 11,028 | 16,750 | |||||
| Long-term debt, excluding current maturities | 14,528 | 3,400 | 11,028 | 16,750 | |||||
| Liabilities, other than long-term debt | 22,630 | 4,784 | 16,727 | 4,074 | 4,644 | 7,642 | 8,023 | ||
| Deferred revenue and credits | 3,171 | 3,371 | 3,691 | 3,055 | 3,394 | 3,757 | 3,948 | ||
| Accounts payable and accrued liabilities | 387 | ||||||||
| Deferred tax liabilities, net | 966 | ||||||||
| Due to related parties | 17,278 | 9,528 | |||||||
| Other liabilities | 1,794 | 1,413 | 2,542 | 1,019 | 1,250 | 3,885 | 4,075 | ||
| Other undisclosed noncurrent liabilities | (387) | 5,406 | (20,036) | (15,009) | (21,285) | (7,517) | (7,899) | ||
| Total noncurrent liabilities: | 22,243 | 24,718 | 91 | 93 | 109 | 125 | 124 | ||
| Other undisclosed liabilities | 18,623 | 14,515 | 20,625 | 20,510 | 17,201 | ||||
| Total liabilities: | 61,306 | 57,145 | 50,696 | 34,931 | 40,176 | 41,699 | 44,795 | ||
| Equity | |||||||||
| Equity, attributable to parent | 27,439 | 36,794 | 41,092 | (3,309) | (12,298) | (10,296) | (6,389) | ||
| Common stock | 188,326 | 187,434 | 186,314 | 136,169 | 124,195 | 123,065 | 121,559 | ||
| Accumulated other comprehensive income (loss) | 1,700 | 4,654 | 2,687 | 1,798 | 467 | (991) | (1,003) | ||
| Accumulated deficit | (162,587) | (155,294) | (147,909) | (141,276) | (136,960) | (132,370) | (126,945) | ||
| Total equity: | 27,439 | 36,794 | 41,092 | (3,309) | (12,298) | (10,296) | (6,389) | ||
| TOTAL LIABILITIES AND EQUITY: | 88,745 | 93,939 | 91,788 | 31,622 | 27,878 | 31,403 | 38,406 | ||
Income Statement (P&L) ($ in thousands) Annual | Quarterly
| 9/30/2014 Q1 | 6/30/2014 Q4 | 3/31/2014 Q3 | 12/31/2013 Q2 | 9/30/2013 Q1 | 6/30/2013 Q4 | 3/31/2013 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 22,896 | 24,210 | 20,240 | 10,636 | 10,606 | 12,068 | 11,642 | |
| Cost of revenue (Cost of Goods and Services Sold) | (16,534) | (17,702) | (13,668) | (6,970) | (7,037) | (7,660) | (7,790) | |
| Gross profit: | 6,362 | 6,508 | 6,572 | 3,666 | 3,569 | 4,408 | 3,852 | |
| Operating expenses | (13,317) | (15,001) | (13,434) | (8,165) | (7,665) | (9,370) | (8,990) | |
| Operating loss: | (6,955) | (8,493) | (6,862) | (4,499) | (4,096) | (4,962) | (5,138) | |
| Nonoperating income (expense) | (381) | (448) | (24) | (62) | (161) | (111) | 235 | |
| Other nonoperating income (expense) | (381) | (24) | (62) | (161) | 235 | |||
| Interest and debt expense | (364) | (336) | (273) | (269) | (314) | (327) | (179) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 353 | 22 | ||||||
| Loss from continuing operations before equity method investments, income taxes: | (7,700) | (8,924) | (7,159) | (4,830) | (4,571) | (5,378) | (5,082) | |
| Other undisclosed income (loss) from continuing operations before income taxes | 1,801 | (3) | ||||||
| Loss from continuing operations before income taxes: | (5,899) | (8,924) | (7,159) | (4,830) | (4,571) | (5,381) | (5,082) | |
| Income tax expense (benefit) | (1,395) | 1,539 | 526 | 514 | (19) | (44) | (4) | |
| Loss from continuing operations: | (7,294) | (7,385) | (6,633) | (4,316) | (4,590) | (5,425) | (5,086) | |
| Loss before gain (loss) on sale of properties: | (7,294) | (7,385) | (6,633) | (4,316) | (4,590) | (5,425) | (5,086) | |
| Net loss available to common stockholders, diluted: | (7,294) | (7,385) | (6,633) | (4,316) | (4,590) | (5,425) | (5,086) | |
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2014 Q1 | 6/30/2014 Q4 | 3/31/2014 Q3 | 12/31/2013 Q2 | 9/30/2013 Q1 | 6/30/2013 Q4 | 3/31/2013 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (7,294) | (7,385) | (6,633) | (4,316) | (4,590) | (5,425) | (5,086) | |
| Other comprehensive income (loss) | (2,954) | 1,967 | 889 | 1,331 | ||||
| Comprehensive loss: | (10,248) | (5,418) | (5,744) | (2,985) | (4,590) | (5,425) | (5,086) | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 1,459 | 12 | (205) | |||||
| Comprehensive loss, net of tax, attributable to parent: | (10,248) | (5,418) | (5,744) | (2,985) | (3,131) | (5,413) | (5,291) | |
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.