PFSweb, Inc. (PFSW) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
9250 N. ROYAL LANE, SUITE 100 IRVING, TX 75063 |
| 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)Annual | Quarterly
| 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 39,741 | 30,034 | 140,350 | 148,171 | 154,781 | 152,332 | |||
| Cash and cash equivalent | 39,741 | 30,034 | 140,350 | 148,171 | 154,781 | 152,332 | |||
| Restricted cash and investments | 214 | 214 | |||||||
| Receivables | 51,334 | 92,118 | 58,640 | 57,399 | 62,112 | 85,029 | |||
| Inventory, net of allowances, customer advances and progress billings | 3,133 | ||||||||
| Inventory | 3,133 | ||||||||
| Other undisclosed current assets | 7,393 | 7,665 | 6,254 | 6,930 | 7,164 | 7,244 | |||
| Total current assets: | 98,468 | 129,817 | 205,244 | 212,500 | 224,271 | 247,952 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 100 | 300 | |||||||
| Operating lease, right-of-use asset | 30,084 | 30,841 | 32,098 | 31,133 | 33,811 | 35,370 | |||
| Property, plant and equipment | 19,915 | 20,254 | 19,434 | 18,684 | |||||
| Intangible assets, net (including goodwill) | 21,468 | 21,310 | 20,904 | 21,438 | 21,984 | 22,218 | |||
| Goodwill | 21,468 | 21,310 | 20,904 | 21,438 | 21,984 | 22,218 | |||
| Other noncurrent assets | 1,486 | 1,806 | 1,669 | 1,666 | 1,784 | 1,611 | |||
| Other undisclosed noncurrent assets | 20,788 | 19,015 | |||||||
| Total noncurrent assets: | 72,953 | 74,845 | 74,925 | 73,671 | 76,263 | 78,514 | |||
| TOTAL ASSETS: | 171,421 | 204,662 | 280,169 | 286,171 | 300,534 | 326,466 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 44,570 | 75,491 | 46,894 | 48,828 | 52,820 | 68,093 | |||
| Accounts payable | 20,286 | 38,518 | 24,599 | 27,257 | 22,759 | 36,450 | |||
| Accrued liabilities | 24,284 | 36,973 | 22,295 | 21,571 | 30,061 | 31,643 | |||
| Deferred revenue | 3,055 | 3,906 | 2,039 | 2,949 | 4,061 | 4,391 | |||
| Debt | 63 | 72 | 72 | 98 | 138 | 222 | |||
| Other undisclosed current liabilities | 9,118 | 8,284 | 10,581 | 9,584 | 10,054 | 10,104 | |||
| Total current liabilities: | 56,806 | 87,753 | 59,586 | 61,459 | 67,073 | 82,810 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 10 | 22 | 34 | 54 | 69 | 89 | |||
| Finance lease, liability | 22 | ||||||||
| Other undisclosed long-term debt and lease obligation | 10 | (26,830) | (25,660) | (28,443) | (30,304) | ||||
| Liabilities, other than long-term debt | 29,655 | 30,663 | 3,528 | 3,234 | 3,339 | 3,398 | |||
| Deferred revenue | 970 | 870 | 852 | 571 | 664 | 833 | |||
| Other liabilities | 4,902 | 4,315 | 2,676 | 2,663 | 2,675 | 2,565 | |||
| Operating lease, liability | 23,783 | 25,478 | 26,864 | 25,714 | 28,512 | 30,393 | |||
| Other undisclosed noncurrent liabilities | 26,864 | 25,714 | 28,512 | 30,393 | |||||
| Total noncurrent liabilities: | 29,665 | 30,685 | 30,426 | 29,002 | 31,920 | 33,880 | |||
| Total liabilities: | 86,471 | 118,438 | 90,012 | 90,461 | 98,993 | 116,690 | |||
| Equity | |||||||||
| Equity, attributable to parent | 84,950 | 86,224 | 190,157 | 195,710 | 201,541 | 209,776 | |||
| Common stock | 23 | 23 | 22 | 22 | 21 | 21 | |||
| Treasury stock, value | (521) | (125) | (125) | (125) | (125) | (125) | |||
| Additional paid in capital | 180,661 | 180,353 | 178,643 | 177,008 | 177,250 | 177,511 | |||
| Accumulated other comprehensive loss | (2,944) | (3,134) | (4,025) | (2,927) | (1,660) | (1,153) | |||
| Retained earnings (accumulated deficit) | (92,269) | (90,893) | 15,642 | 21,732 | 26,055 | 33,522 | |||
| Total equity: | 84,950 | 86,224 | 190,157 | 195,710 | 201,541 | 209,776 | |||
| TOTAL LIABILITIES AND EQUITY: | 171,421 | 204,662 | 280,169 | 286,171 | 300,534 | 326,466 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 69,264 | 98,516 | 65,485 | 64,634 | 66,487 | 94,158 | ||
| Cost of revenue (Cost of Product and Service Sold) | (57,649) | (83,348) | (55,602) | (55,027) | (57,202) | (78,580) | ||
| Gross profit: | 11,615 | 15,168 | 9,883 | 9,607 | 9,285 | 15,578 | ||
| Operating expenses | (12,532) | (17,111) | (16,341) | (14,077) | (16,428) | (16,272) | ||
| Operating loss: | (917) | (1,943) | (6,458) | (4,470) | (7,143) | (694) | ||
| Interest and debt expense | (6) | (6) | ||||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (7) | |||||||
| Loss from continuing operations before equity method investments, income taxes: | (917) | (1,950) | (6,458) | (4,470) | (7,149) | (700) | ||
| Other undisclosed income from continuing operations before income taxes | 78 | 734 | 554 | 151 | ||||
| Loss from continuing operations before income taxes: | (839) | (1,216) | (5,904) | (4,319) | (7,149) | (700) | ||
| Income tax expense (benefit) | (645) | (929) | (186) | (184) | (318) | (254) | ||
| Loss from continuing operations: | (1,484) | (2,145) | (6,090) | (4,503) | (7,467) | (954) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (6,090) | (4,323) | (7,467) | (275) | |
| Income from discontinued operations | 3,467 | 180 | 679 | |||||
| Net income (loss) available to common stockholders, diluted: | (1,484) | 1,322 | (6,090) | (4,323) | (7,467) | (275) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (1,484) | 1,322 | (6,090) | (4,323) | (7,467) | (275) | ||
| Comprehensive income (loss): | (1,484) | 1,322 | (6,090) | (4,323) | (7,467) | (275) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 190 | 891 | (1,098) | (1,267) | (507) | (154) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (1,294) | 2,213 | (7,188) | (5,590) | (7,974) | (429) | ||
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.