Rackwise Inc (RACK) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
101 CALIFORNIA STREET SAN FRANCISCO, CA 94111 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2014 MRQ | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 53 | 17 | |||
| Cash and cash equivalent | 53 | 17 | |||
| Receivables | 47 | 382 | |||
| Prepaid expense and other current assets | ✕ | ✕ | 54 | ||
| Other undisclosed current assets | 249 | 68 | |||
| Total current assets: | 349 | 521 | |||
| Noncurrent Assets | |||||
| Property, plant and equipment | 181 | 304 | |||
| Intangible assets, net (including goodwill) | ✕ | 52 | 127 | ||
| Intangible assets, net (excluding goodwill) | 52 | 127 | |||
| Deposits noncurrent assets | 56 | 56 | |||
| Total noncurrent assets: | 290 | 487 | |||
| TOTAL ASSETS: | 639 | 1,008 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 4,845 | 4,383 | |||
| Accounts payable | 2,123 | 2,212 | |||
| Accrued liabilities | 2,722 | 2,172 | |||
| Debt | 919 | 1,394 | |||
| Deferred revenue and credits | 414 | 768 | |||
| Other undisclosed current liabilities | 2,442 | 1,200 | |||
| Total current liabilities: | 8,620 | 7,745 | |||
| Noncurrent Liabilities | |||||
| Liabilities, other than long-term debt | 73 | 83 | |||
| Deferred revenue and credits | 73 | 83 | |||
| Other undisclosed noncurrent liabilities | 2,621 | ||||
| Total noncurrent liabilities: | 2,694 | 83 | |||
| Total liabilities: | 11,314 | 7,829 | |||
| Equity | |||||
| Equity, attributable to parent | (10,675) | (6,821) | |||
| Common stock | 0 | 11 | |||
| Additional paid in capital | 39,287 | 36,649 | |||
| Accumulated deficit | (49,962) | (43,480) | |||
| Total equity: | (10,675) | (6,821) | |||
| TOTAL LIABILITIES AND EQUITY: | 639 | 1,008 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2014 TTM | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|
| Revenues (Revenue, Net) | 1,959 | 3,253 | ||
| Cost of revenue | (594) | (576) | ||
| Gross profit: | 1,364 | 2,677 | ||
| Operating expenses | (5,484) | (11,332) | ||
| Operating loss: | (4,120) | (8,655) | ||
| Nonoperating expense | (2,363) | (939) | ||
| Debt instrument, convertible, beneficial conversion feature | 684 | |||
| Interest and debt expense | (768) | (191) | ||
| Loss from continuing operations before equity method investments, income taxes: | (7,251) | (9,784) | ||
| Other undisclosed income from continuing operations before income taxes | 5,030 | |||
| Loss from continuing operations before income taxes: | (2,221) | (9,784) | ||
| Income tax benefit | 471 | |||
| Loss from continuing operations: | (2,221) | (9,313) | ||
| Loss before gain (loss) on sale of properties: | (2,221) | (9,313) | ||
| Net loss: | (2,221) | (9,313) | ||
| Other undisclosed net loss attributable to parent | (4,261) | (281) | ||
| Net loss available to common stockholders, diluted: | (6,482) | (9,594) | ||
Comprehensive Income ($ in thousands)
| 3/31/2014 TTM | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|
| Net loss: | (2,221) | (9,313) | ||
| Comprehensive loss, net of tax, attributable to parent: | (2,221) | (9,313) | ||
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.