Radioio Inc (RAIO) financial statements (2022 and earlier)
Company profile
| Business Address |
475 PARK AVENUE SOUTH NEW YORK, NY 10016 |
| State of Incorp. | FL |
| Fiscal Year End | December 31 |
| SIC | 4899 - Communications Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | 12/31/2012 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 113 | 59 | 149 | 238 | 36 | 5 | |||
| Cash and cash equivalents | 113 | 59 | 149 | 238 | 36 | 5 | |||
| Receivables | 77 | 106 | 106 | 84 | 33 | 31 | |||
| Inventory, net of allowances, customer advances and progress billings | 12 | 31 | 15 | 28 | 33 | 12 | ✕ | ||
| Inventory | 12 | 31 | 15 | 28 | 33 | 12 | |||
| Prepaid expense | 73 | 46 | 38 | 72 | 327 | ✕ | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | 358 | |||
| Other undisclosed current assets | 6 | 98 | 83 | 86 | 24 | 29 | |||
| Total current assets: | 281 | 339 | 390 | 509 | 454 | 436 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 52 | 56 | 62 | 68 | 74 | 80 | |||
| Intangible assets, net (including goodwill) | 147 | ✕ | ✕ | 1,204 | 1,204 | ✕ | |||
| Goodwill | 1,204 | 1,204 | |||||||
| Intangible assets, net (excluding goodwill) | 147 | ||||||||
| Prepaid expense | 63 | ✕ | |||||||
| Other noncurrent assets | 63 | 1,204 | ✕ | ||||||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | 1,263 | |||
| Other undisclosed noncurrent assets | (63) | (1,204) | (1,204) | ||||||
| Total noncurrent assets: | 199 | 56 | 125 | 68 | 1,278 | 1,343 | |||
| TOTAL ASSETS: | 480 | 395 | 515 | 577 | 1,732 | 1,779 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 1,544 | 1,029 | 934 | 949 | 911 | 866 | |||
| Other undisclosed accounts payable and accrued liabilities | 1,544 | 1,029 | 934 | 949 | 911 | 866 | |||
| Debt | 400 | 400 | 400 | ||||||
| Due to related parties | 382 | 316 | 133 | ||||||
| Deferred revenue and credits | 186 | 209 | 288 | 331 | 256 | 317 | |||
| Other liabilities | 400 | 400 | 400 | ||||||
| Other undisclosed current liabilities | (382) | 22 | 19 | 911 | |||||
| Total current liabilities: | 2,131 | 1,660 | 1,641 | 2,592 | 1,884 | 1,715 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 9 | 8 | 6 | 2 | |||||
| Deferred revenue and credits | 9 | 8 | 6 | 2 | |||||
| Total noncurrent liabilities: | 9 | 8 | 6 | 2 | |||||
| Total liabilities: | 2,140 | 1,668 | 1,647 | 2,593 | 1,884 | 1,715 | |||
| Temporary equity, carrying amount | 5,772 | 5,772 | |||||||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | (1,660) | (1,272) | (1,132) | (7,789) | (5,924) | (5,709) | |||
| Common stock | 7 | 6 | 6 | 238 | 238 | 227 | |||
| Treasury stock, value | (26) | (26) | (26) | ||||||
| Additional paid in capital | 68,280 | 67,841 | 67,579 | 60,180 | 59,800 | 59,721 | |||
| Accumulated deficit | (69,947) | (69,119) | (68,716) | (68,181) | (65,936) | (65,631) | |||
| Other undisclosed stockholders' equity | 5,772 | ||||||||
| Total stockholders' equity: | (1,660) | (1,272) | (1,132) | (2,016) | (5,924) | (5,709) | |||
| TOTAL LIABILITIES AND EQUITY: | 480 | 395 | 515 | 577 | 1,732 | 1,779 | |||
Income statement (P&L) ($ in thousands)
| 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | 12/31/2012 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 232 | 254 | 293 | 465 | 380 | 389 | ||
| Revenue, net | 254 | 293 | 465 | 380 | 389 | |||
| Cost of revenue (Cost of Goods and Services Sold) | (123) | (125) | (119) | (311) | (217) | (232) | ||
| Gross profit: | 109 | 128 | 174 | 154 | 163 | 157 | ||
| Operating expenses | (937) | (531) | (609) | (2,345) | (468) | (389) | ||
| Other operating income (expense), net (Other Expenses) | (8) | 45 | ||||||
| Operating loss: | (836) | (358) | (435) | (2,192) | (305) | (232) | ||
| Interest and debt expense | (74) | (52) | ||||||
| Loss from continuing operations before income taxes: | (836) | (358) | (509) | (2,243) | (305) | (232) | ||
| Income tax expense | (1) | |||||||
| Net loss: | (836) | (358) | (509) | (2,244) | (305) | (232) | ||
| Other undisclosed net income (loss) attributable to parent | 8 | (45) | ||||||
| Net loss available to common stockholders, diluted: | (828) | (403) | (509) | (2,244) | (305) | (232) | ||
Comprehensive Income ($ in thousands)
| 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | 12/31/2012 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (836) | (358) | (509) | (2,244) | (305) | (232) | ||
| Comprehensive loss, net of tax, attributable to parent: | (836) | (358) | (509) | (2,244) | (305) | (232) | ||
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.