Quantum Corporation (QMCO) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
224 AIRPORT PARKWAY SAN JOSE, CA 95110 |
| State of Incorp. | DE |
| Fiscal Year End | March 31 |
| Industry (SIC) | 3572 - Computer Storage Devices (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 3/31/2022 | 12/31/2021 TTM | 3/31/2021 | 3/31/2020 | 3/31/2019 | 3/31/2017 | 3/31/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments, including: | 5,210 | 4,004 | 27,430 | 6,440 | 10,790 | 34,790 | 36,658 | ||
| Cash and cash equivalents | 5,210 | 4,004 | 27,430 | 6,440 | 10,790 | 12,958 | 33,870 | ||
| Other undisclosed cash, cash equivalents, and short-term investments | 21,832 | 2,788 | |||||||
| Restricted cash and investments | 283 | 331 | 707 | 830 | 1,065 | 1,832 | 2,788 | ||
| Receivables | 69,354 | 66,070 | 73,102 | 70,370 | 86,828 | 116,056 | 105,959 | ||
| Prepaid expense | 7,853 | ||||||||
| Other current assets | 4,697 | 14,082 | 6,939 | 8,489 | 18,095 | 9,969 | 6,953 | ||
| Other undisclosed current assets | 57,800 | 56,444 | 47,888 | 49,698 | 37,510 | 25,678 | 59,233 | ||
| Total current assets: | 145,197 | 140,931 | 156,066 | 135,827 | 154,288 | 188,325 | 211,591 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 11,107 | 3,483 | 9,383 | 12,689 | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 12,853 | 13,020 | 10,051 | 9,046 | 8,437 | 11,186 | 12,939 | ||
| Intangible assets, net (including goodwill) | 22,553 | 21,000 | 8,503 | 34 | 276 | 451 | |||
| Goodwill | 12,969 | 10,262 | 3,466 | ||||||
| Intangible assets, net (excluding goodwill) | 9,584 | 10,738 | 5,037 | 34 | 276 | 451 | |||
| Restricted cash and investments | 5,000 | 5,000 | 5,000 | 20,000 | |||||
| Other noncurrent assets | 9,925 | 9,202 | 5,921 | 3,433 | 5,112 | 5,240 | 4,565 | ||
| Total noncurrent assets: | 56,438 | 46,705 | 38,858 | 30,168 | 18,583 | 36,702 | 17,955 | ||
| TOTAL ASSETS: | 201,635 | 187,636 | 194,924 | 165,995 | 172,871 | 225,027 | 229,546 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 66,923 | 73,685 | 72,633 | 69,441 | 83,537 | 81,976 | 86,116 | ||
| Accounts payable | 34,220 | 42,041 | 35,245 | 36,949 | 37,395 | 41,611 | 46,136 | ||
| Accrued liabilities | 16,562 | 15,451 | 18,174 | 17,535 | 29,025 | 16,261 | 17,236 | ||
| Employee-related liabilities | 16,141 | 16,193 | 19,214 | 14,957 | 17,117 | 24,104 | 22,744 | ||
| Deferred revenue | 86,517 | 78,115 | 84,027 | 81,492 | ✕ | ✕ | ✕ | ||
| Debt | 4,375 | 3,750 | 1,850 | 7,321 | 1,650 | 62,827 | 3,000 | ||
| Restructuring reserve | 597 | 580 | 2,876 | 869 | 1,621 | ||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | 84,683 | 88,919 | ||
| Other undisclosed current liabilities | 90,407 | ||||||||
| Total current liabilities: | 157,815 | 156,147 | 159,090 | 158,254 | 178,470 | 230,355 | 179,656 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 27,626 | 2,714 | 8,005 | 157,669 | 145,621 | 65,028 | 69,253 | ||
| Long-term debt, excluding current maturities | 17,735 | 146,847 | 145,621 | 65,028 | 69,253 | ||||
| Operating lease, liability | 9,891 | 2,714 | 8,005 | 10,822 | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 53,429 | 53,630 | 49,184 | 48,597 | 11,827 | 45,643 | 44,867 | ||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | 37,642 | 35,427 | ||
| Deferred revenue | 41,580 | 41,190 | 36,126 | 37,443 | ✕ | ✕ | ✕ | ||
| Restructuring reserve | 481 | 1,116 | |||||||
| Other liabilities | 11,849 | 12,440 | 13,058 | 11,154 | 11,827 | 7,520 | 8,324 | ||
| Other undisclosed noncurrent liabilities | 89,448 | 97,928 | 90,890 | 36,733 | 62,709 | ||||
| Total noncurrent liabilities: | 170,503 | 154,272 | 148,079 | 206,266 | 194,181 | 110,671 | 176,829 | ||
| Total liabilities: | 328,318 | 310,419 | 307,169 | 364,520 | 372,651 | 341,026 | 356,485 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | (126,683) | (122,783) | (112,245) | (198,525) | (199,780) | (115,999) | (126,939) | ||
| Common stock | 605 | 599 | 570 | 399 | 360 | 341 | 2,662 | ||
| Additional paid in capital | 645,038 | 640,839 | 626,664 | 505,762 | 499,224 | 473,850 | 464,549 | ||
| Accumulated other comprehensive income (loss) | (1,423) | (1,132) | (856) | (1,522) | (1,410) | 3,105 | 3,844 | ||
| Accumulated deficit | (770,903) | (763,089) | (738,623) | (703,164) | (697,954) | (593,295) | (597,994) | ||
| Total stockholders' equity: | (126,683) | (122,783) | (112,245) | (198,525) | (199,780) | (115,999) | (126,939) | ||
| TOTAL LIABILITIES AND EQUITY: | 201,635 | 187,636 | 194,924 | 165,995 | 172,871 | 225,027 | 229,546 | ||
Income Statement (P&L) ($ in thousands) Annual | Quarterly
| 3/31/2022 | 12/31/2021 TTM | 3/31/2021 | 3/31/2020 | 3/31/2019 | 3/31/2017 | 3/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 372,827 | 312,465 | 349,576 | 402,949 | 402,680 | 505,345 | 475,958 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 505,345 | 475,958 | |
| Cost of revenue | (225,792) | (187,262) | (198,823) | (230,441) | (235,066) | (291,921) | (271,206) | |
| Cost of goods and services sold | (225,792) | (187,262) | (198,823) | (230,441) | (4,266) | (291,921) | (271,206) | |
| Gross profit: | 147,035 | 125,203 | 150,753 | 172,508 | 167,614 | 213,424 | 204,752 | |
| Operating expenses | (160,875) | (143,642) | (142,350) | (151,304) | (172,360) | (201,276) | (270,850) | |
| Operating income (loss): | (13,840) | (18,439) | 8,403 | 21,204 | (4,746) | 12,148 | (66,098) | |
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | (251) | (1,088) | (1,312) | (261) | (2,878) | 562 | (191) | |
| Interest and debt expense | (16,848) | (37,579) | (42,311) | (25,350) | (3,637) | (7,953) | (7,211) | |
| Income (loss) from continuing operations before equity method investments, income taxes: | (30,939) | (57,106) | (35,220) | (4,407) | (11,261) | 4,757 | (73,500) | |
| Other undisclosed loss from continuing operations before income taxes | (29,160) | |||||||
| Income (loss) from continuing operations before income taxes: | (30,939) | (57,106) | (35,220) | (4,407) | (40,421) | 4,757 | (73,500) | |
| Income tax expense | (1,341) | (1,446) | (239) | (803) | (2,376) | (1,112) | (1,183) | |
| Net income (loss) available to common stockholders, diluted: | (32,280) | (58,552) | (35,459) | (5,210) | (42,797) | 3,645 | (74,683) | |
Comprehensive Income ($ in thousands)Annual | Quarterly
| 3/31/2022 | 12/31/2021 TTM | 3/31/2021 | 3/31/2020 | 3/31/2019 | 3/31/2017 | 3/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (32,280) | (58,552) | (35,459) | (5,210) | (42,797) | 3,645 | (74,683) | |
| Other comprehensive loss | (739) | (36) | ||||||
| Comprehensive income (loss): | (32,280) | (58,552) | (35,459) | (5,210) | (42,797) | 2,906 | (74,719) | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (567) | (59) | 666 | (112) | (1,136) | |||
| Comprehensive income (loss), net of tax, attributable to parent: | (32,847) | (58,611) | (34,793) | (5,322) | (43,933) | 2,906 | (74,719) | |
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.