Quantum Corp (QMCO) financial statements (2021 and earlier)
Company profile
| Business Address |
224 AIRPORT PARKWAY SAN JOSE, CA 95110 |
| State of Incorp. | DE |
| Fiscal Year End | March 31 |
| SIC | 3572 - Computer Storage Devices (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2019 Q3 | 9/30/2019 Q2 | 6/30/2019 Q1 | 3/31/2019 Q4 | 12/31/2018 Q3 | 9/30/2018 Q2 | 9/30/2017 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 8 | 6 | 11 | 11 | 11 | 6 | 10 | ||
| Cash and cash equivalents | 8 | 6 | 11 | 11 | 11 | 6 | 10 | ||
| Restricted cash and investments | 1 | 1 | 1 | 1 | 1 | 6 | 2 | ||
| Receivables | 75 | 71 | 76 | 87 | 80 | 76 | 106 | ||
| Prepaid expense | 5 | ||||||||
| Other current assets | 8 | 10 | 18 | 18 | 8 | 11 | 9 | ||
| Other undisclosed current assets | 44 | 41 | 30 | 38 | 34 | 40 | 49 | ||
| Total current assets: | 136 | 129 | 141 | 154 | 134 | 139 | 175 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 12 | ✕ | ✕ | ✕ | |||||
| Property, plant and equipment | 9 | 9 | 8 | 8 | 9 | 9 | 11 | ||
| Intangible assets, net (including goodwill) | 0 | ||||||||
| Intangible assets, net (excluding goodwill) | 0 | ||||||||
| Restricted cash and investments | 5 | 5 | 5 | 5 | 5 | 20 | |||
| Other noncurrent assets | 4 | 4 | 6 | 5 | 8 | 6 | 5 | ||
| Other undisclosed noncurrent assets | 12 | 12 | |||||||
| Total noncurrent assets: | 29 | 29 | 31 | 19 | 21 | 15 | 36 | ||
| TOTAL ASSETS: | 165 | 158 | 172 | 173 | 155 | 154 | 211 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 76 | 73 | 83 | 84 | 79 | 90 | 88 | ||
| Accounts payable | 45 | 39 | 40 | 37 | 39 | 45 | 48 | ||
| Accrued liabilities | 16 | 19 | 30 | 29 | 25 | 29 | 16 | ||
| Employee-related liabilities | 15 | 15 | 13 | 17 | 15 | 16 | 23 | ||
| Deferred revenue | 75 | ✕ | ✕ | ✕ | |||||
| Debt | 2 | 2 | 2 | 2 | 2 | 128 | 57 | ||
| Restructuring reserve | 0 | 2 | 3 | 4 | 4 | 2 | |||
| Asset retirement obligation | 2 | ||||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 77 | ||
| Contract with customer, liability | ✕ | 77 | ✕ | ✕ | ✕ | ||||
| Other undisclosed current liabilities | 79 | 90 | 85 | 89 | |||||
| Total current liabilities: | 152 | 152 | 168 | 178 | 169 | 311 | 223 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 10 | 146 | 146 | 137 | |||||
| Long-term debt, excluding current maturities | 146 | 146 | 137 | ||||||
| Operating lease, liability | 10 | ✕ | ✕ | ✕ | |||||
| Liabilities, other than long-term debt | 46 | 46 | 12 | 12 | 11 | 11 | 41 | ||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 36 | ||
| Deferred revenue | 35 | ✕ | ✕ | ✕ | |||||
| Contract with customer, liability | ✕ | 35 | ✕ | ✕ | ✕ | ||||
| Restructuring reserve | 0 | ||||||||
| Other liabilities | 11 | 11 | 12 | 12 | 11 | 11 | 5 | ||
| Other undisclosed noncurrent liabilities | 152 | 163 | 49 | 37 | 34 | 35 | 71 | ||
| Total noncurrent liabilities: | 209 | 210 | 206 | 194 | 182 | 45 | 112 | ||
| Total liabilities: | 361 | 361 | 375 | 373 | 351 | 356 | 335 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | (195) | (203) | (203) | (200) | (196) | (202) | (124) | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Additional paid in capital | 504 | 502 | 500 | 499 | 493 | 483 | 476 | ||
| Accumulated other comprehensive income (loss) | (1) | (2) | (1) | (1) | (1) | (1) | 4 | ||
| Accumulated deficit | (699) | (704) | (702) | (698) | (689) | (684) | (605) | ||
| Total stockholders' equity: | (195) | (203) | (203) | (200) | (196) | (202) | (124) | ||
| TOTAL LIABILITIES AND EQUITY: | 165 | 158 | 172 | 173 | 155 | 154 | 211 | ||
Income statement (P&L) ($ in millions)
| 12/31/2019 Q3 | 9/30/2019 Q2 | 6/30/2019 Q1 | 3/31/2019 Q4 | 12/31/2018 Q3 | 9/30/2018 Q2 | 9/30/2017 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 103 | 106 | 106 | 18 | 102 | 90 | 107 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 107 | |
| Cost of revenue | (56) | (62) | (60) | (12) | (59) | (54) | (63) | |
| Cost of goods and services sold | (56) | (62) | (63) | |||||
| Gross profit: | 47 | 44 | 46 | 6 | 43 | 36 | 44 | |
| Operating expenses | (35) | (39) | (43) | (22) | (40) | (39) | (49) | |
| Operating income (loss): | 12 | 4 | 3 | (16) | 3 | (3) | (5) | |
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | (1) | 0 | 0 | (4) | 4 | (0) | 0 | |
| Interest and debt expense | (6) | (6) | (6) | 2 | (11) | (17) | (3) | |
| Income (loss) from continuing operations before equity method investments, income taxes: | 5 | (2) | (3) | (18) | (4) | (21) | (7) | |
| Other undisclosed loss from continuing operations before income taxes | (29) | |||||||
| Income (loss) from continuing operations before income taxes: | 5 | (2) | (3) | (47) | (4) | (21) | (7) | |
| Income tax expense (benefit) | 0 | (0) | (0) | (2) | (0) | (1) | (0) | |
| Net income (loss) available to common stockholders, diluted: | 5 | (2) | (4) | (48) | (4) | (22) | (8) | |
Comprehensive Income ($ in millions)
| 12/31/2019 Q3 | 9/30/2019 Q2 | 6/30/2019 Q1 | 3/31/2019 Q4 | 12/31/2018 Q3 | 9/30/2018 Q2 | 9/30/2017 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 5 | (2) | (4) | (48) | (4) | (22) | (8) | |
| Other comprehensive income | 0 | |||||||
| Other undisclosed comprehensive income | 1 | |||||||
| Comprehensive income (loss): | 5 | (2) | (4) | (47) | (4) | (22) | (7) | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 1 | (0) | 0 | (1) | (0) | (0) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 6 | (3) | (4) | (48) | (4) | (22) | (7) | |
Statements sources
The financial statements are based on the company's filings with the 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.