Praxsyn Corporation (PXYN) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1803 SKY PARK CIRCLE IRVINE, CA 92614 |
| State of Incorp. | IL |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2834 - Pharmaceutical Preparations (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 4,839 | 1,897 | 1,222 | 593 | 519 | 820 | |||
| Cash and cash equivalent | 4,839 | 1,897 | 1,222 | 593 | 519 | 820 | |||
| Receivables | 7,155 | 10,679 | 8,561 | 9,422 | 8,523 | 3,405 | |||
| Inventory, net of allowances, customer advances and progress billings | 640 | 294 | 202 | 105 | 78 | 47 | |||
| Inventory | 640 | 294 | 202 | 105 | 78 | 47 | |||
| Other current assets | 1,094 | 21 | 16 | 26 | 25 | 33 | |||
| Other undisclosed current assets | 1,657 | 1,573 | 1,546 | ||||||
| Total current assets: | 13,728 | 14,547 | 11,574 | 11,692 | 9,145 | 4,305 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 187 | 91 | 80 | 56 | 41 | 31 | |||
| Long-term investments and receivables | 11,510 | 3,717 | 4,140 | 4,480 | 3,135 | 1,381 | |||
| Accounts and financing receivable, after allowance for credit loss | 11,510 | 3,717 | 4,140 | 4,480 | 3,135 | 1,381 | |||
| Regulated entity, other noncurrent assets | 6 | ||||||||
| Other noncurrent assets | 14 | 8 | 8 | 8 | 6 | 6 | |||
| Deferred tax assets, net | 578 | 903 | 248 | 248 | 248 | ||||
| Other undisclosed noncurrent assets | 565 | ||||||||
| Total noncurrent assets: | 12,276 | 4,393 | 5,130 | 4,792 | 3,431 | 1,673 | |||
| TOTAL ASSETS: | 26,004 | 18,940 | 16,704 | 16,483 | 12,576 | 5,978 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 8,059 | 11,200 | 9,111 | 2,921 | 1,321 | 3,755 | |||
| Settlement liabilities | 232 | 105 | 70 | 100 | |||||
| Interest and dividends payable | 1,700 | 1,657 | 1,573 | 1,546 | |||||
| Taxes payable | 3,096 | ||||||||
| Accounts payable | 1,726 | 734 | 483 | 453 | 607 | 991 | |||
| Accrued liabilities | 1,306 | 8,704 | 6,984 | 822 | 714 | 2,765 | |||
| Debt | 3,321 | (3,678) | (3,876) | (3,333) | 6,331 | ||||
| Disposal group, including discontinued operation | 932 | 962 | 962 | 962 | 962 | 962 | |||
| Other liabilities | |||||||||
| Deferred revenue and credits | 122 | 122 | 122 | ||||||
| Deferred tax liabilities | 339 | ||||||||
| Due to related parties | 97 | 149 | 199 | 199 | |||||
| Other undisclosed current liabilities | 7,338 | 7,554 | 8,328 | 15,663 | 13,854 | 2,887 | |||
| Total current liabilities: | 20,206 | 16,308 | 14,845 | 16,413 | 16,137 | 13,935 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 192 | 210 | 227 | ||||||
| Long-term debt, excluding current maturities | 192 | 210 | 227 | ||||||
| Liabilities, other than long-term debt | 347 | 377 | 377 | ||||||
| Accounts payable and accrued liabilities | 347 | 377 | 377 | ||||||
| Other undisclosed noncurrent liabilities | (347) | (377) | (377) | ||||||
| Total noncurrent liabilities: | 192 | 210 | 227 | ||||||
| Total liabilities: | 20,398 | 16,518 | 15,072 | 16,413 | 16,137 | 13,935 | |||
| Equity | |||||||||
| Equity, attributable to parent | 5,606 | 2,423 | 1,632 | 71 | (3,561) | (7,957) | |||
| Treasury stock, value | (200) | (200) | (200) | (200) | (200) | ||||
| Additional paid in capital | 54,059 | 54,259 | 54,240 | 52,668 | 49,485 | 44,309 | |||
| Accumulated deficit | (48,453) | (51,636) | (52,408) | (52,397) | (52,847) | (52,066) | |||
| Total equity: | 5,606 | 2,423 | 1,632 | 71 | (3,561) | (7,957) | |||
| TOTAL LIABILITIES AND EQUITY: | 26,004 | 18,940 | 16,704 | 16,483 | 12,576 | 5,978 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 17,643 | 14,183 | 11,241 | 22,896 | 23,243 | 9,220 | ||
| Revenue, net | (10,074) | (6,848) | 11,241 | 22,896 | 23,243 | 9,219 | ||
| Cost of revenue | (2,019) | (1,132) | (1,153) | (1,126) | (975) | (332) | ||
| Gross profit: | 15,624 | 13,052 | 10,088 | 21,770 | 22,268 | 8,888 | ||
| Operating expenses | (9,984) | (8,081) | (5,435) | (9,852) | (13,679) | (7,981) | ||
| Operating income: | 5,639 | 4,971 | 4,653 | 11,918 | 8,589 | 907 | ||
| Nonoperating income (expense) | (90) | (3,690) | (4,877) | (11,468) | (9,370) | (12,920) | ||
| Interest and debt expense | (90) | (3,690) | 25,767 | (10,959) | (9,559) | (5,808) | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 90 | 3,690 | (25,767) | 10,959 | 9,559 | 5,808 | ||
| Income (loss) from continuing operations before income taxes: | 5,549 | 1,281 | (225) | 450 | (781) | (12,012) | ||
| Income tax expense | (2,367) | (509) | ||||||
| Other undisclosed income from continuing operations | 214 | |||||||
| Income (loss) from continuing operations: | 3,182 | 772 | (11) | 450 | (781) | (12,012) | ||
| Income (loss) before gain (loss) on sale of properties: | 3,182 | 772 | (11) | 450 | (781) | (12,012) | ||
| Net income (loss) available to common stockholders, basic: | 3,182 | 772 | (11) | 450 | (781) | (12,012) | ||
| Interest on convertible debt | 61 | 82 | ||||||
| Other undisclosed net income available to common stockholders, diluted | 73 | 15 | 0 | |||||
| Net income (loss) available to common stockholders, diluted: | 3,255 | 848 | (11) | 532 | (781) | (12,012) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 3,182 | 772 | (11) | 450 | (781) | (12,012) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 3,182 | 772 | (11) | 450 | (781) | (12,012) | ||
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.