Rubicon Technology, Inc. (RBCN) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
900 EAST GREEN STREET BENSENVILLE, IL 60106 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3674 - Semiconductors and Related Devices (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 26,011 | 25,878 | 24,167 | 25,597 | 17,995 | 17,672 | |||
| Cash and cash equivalent | 11,260 | 11,130 | 8,709 | 11,241 | 11,544 | 17,672 | |||
| Short-term investments | 14,751 | 14,748 | 15,458 | 14,356 | 6,451 | ||||
| Restricted cash and investments | 171 | 169 | 181 | 163 | |||||
| Receivables | 719 | 386 | 1,053 | 733 | 718 | 2,585 | |||
| Inventory, net of allowances, customer advances and progress billings | 658 | 1,073 | 1,710 | 2,130 | 3,030 | 8,000 | |||
| Inventory | 658 | 1,073 | 1,710 | 2,130 | 3,030 | 8,000 | |||
| Disposal group, including discontinued operation | 6 | ||||||||
| Asset, held-for-sale, not part of disposal group | 529 | 529 | 3,957 | 4,145 | 11,202 | 14,761 | |||
| Other undisclosed current assets | 294 | 424 | 628 | 292 | 1,107 | 2,568 | |||
| Total current assets: | 28,217 | 28,290 | 31,686 | 33,066 | 34,233 | 45,749 | |||
| Noncurrent Assets | |||||||||
| Inventory, Noncurrent | 468 | 468 | 468 | ||||||
| Nontrade receivables | |||||||||
| Property, plant and equipment | 2,301 | 2,482 | 2,647 | 2,728 | 815 | 7,110 | |||
| Other noncurrent assets | 154 | ||||||||
| Total noncurrent assets: | 2,769 | 2,950 | 3,115 | 2,728 | 815 | 7,264 | |||
| TOTAL ASSETS: | 30,986 | 31,240 | 34,801 | 35,794 | 35,048 | 53,013 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,596 | 1,287 | 1,544 | 1,163 | 1,656 | 1,939 | |||
| Taxes payable | ✕ | 405 | 378 | 410 | 382 | 543 | 809 | ||
| Employee-related liabilities | ✕ | 426 | 211 | 53 | 28 | 101 | 182 | ||
| Accounts payable | 545 | 497 | 733 | 400 | 582 | 948 | |||
| Accrued liabilities | 220 | 201 | 348 | 353 | 430 | ||||
| Deferred revenue | 2 | 18 | ✕ | ✕ | ✕ | ||||
| Debt | |||||||||
| Other liabilities | 602 | ||||||||
| Customer advances and deposits | ✕ | ✕ | ✕ | ✕ | ✕ | 59 | |||
| Other undisclosed current liabilities | 12 | 31 | 23 | ||||||
| Total current liabilities: | 1,598 | 1,305 | 1,556 | 1,194 | 1,715 | 2,564 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | |||||||||
| Long-term debt, excluding current maturities | |||||||||
| Total noncurrent liabilities: | |||||||||
| Total liabilities: | 1,598 | 1,305 | 1,556 | 1,194 | 1,715 | 2,564 | |||
| Equity | |||||||||
| Equity, attributable to parent | 29,388 | 29,935 | 33,245 | 34,600 | 33,333 | 50,449 | |||
| Common stock | 29 | 29 | 29 | 29 | 29 | 29 | |||
| Treasury stock, value | (15,147) | (15,147) | (12,749) | (12,213) | (12,148) | (12,148) | |||
| Additional paid in capital | 376,640 | 376,456 | 376,306 | 375,979 | 375,611 | 374,903 | |||
| Accumulated other comprehensive loss | (1) | (1) | (2) | (3) | (30) | ||||
| Accumulated deficit | (332,133) | (331,403) | (330,340) | (329,193) | (330,156) | (312,305) | |||
| Total equity: | 29,388 | 29,935 | 33,245 | 34,600 | 33,333 | 50,449 | |||
| TOTAL LIABILITIES AND EQUITY: | 30,986 | 31,240 | 34,801 | 35,794 | 35,048 | 53,013 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 4,061 | 4,467 | 3,526 | 3,878 | 5,044 | 19,630 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 5,044 | 19,630 | |
| Revenue from related parties | 4,061 | ✕ | ✕ | |||||
| Cost of revenue | (2,798) | (3,226) | (2,444) | (3,862) | (4,700) | (45,638) | ||
| Cost of product and service sold | (2,798) | (3,226) | (2,444) | (355) | (1,400) | (45,638) | ||
| Other undisclosed gross profit | (5,852) | |||||||
| Gross profit: | 1,263 | 1,241 | 1,082 | 16 | (5,508) | (26,008) | ||
| Operating expenses | (2,529) | (711) | (2,332) | 619 | (12,416) | (36,709) | ||
| Other undisclosed operating income | ||||||||
| Operating income (loss): | (1,266) | 530 | (1,250) | 635 | (17,924) | (62,717) | ||
| Nonoperating income (expense) | 5 | (1,580) | 125 | 352 | 161 | (385) | ||
| Investment income, nonoperating | 5 | 108 | 460 | 361 | 116 | 73 | ||
| Gain (loss), foreign currency transaction, before tax | 136 | 1 | (9) | 45 | (359) | |||
| Interest and debt expense | (30) | (99) | ||||||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 561 | |||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (730) | (1,050) | (1,125) | 987 | (17,763) | (63,201) | ||
| Loss from equity method investments | (1,824) | |||||||
| Other undisclosed income from continuing operations before income taxes | 271 | 1,824 | 99 | |||||
| Income (loss) from continuing operations before income taxes: | (459) | (1,050) | (1,125) | 987 | (17,763) | (63,102) | ||
| Income tax expense (benefit) | (13) | (22) | (24) | (88) | 223 | |||
| Income (loss) from continuing operations: | (459) | (1,063) | (1,147) | 963 | (17,851) | (62,879) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | (730) | (1,063) | (1,147) | 963 | (17,851) | (62,879) | |
| Income (loss) from discontinued operations | (271) | |||||||
| Net income (loss) available to common stockholders, diluted: | (730) | (1,063) | (1,147) | 963 | (17,851) | (62,879) | ||
Comprehensive Income ($ in thousands)
| 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (730) | (1,063) | (1,147) | 963 | (17,851) | (62,879) | ||
| Other comprehensive income | 3 | |||||||
| Other undisclosed comprehensive income (loss) | (1) | 1 | ||||||
| Comprehensive income (loss): | (731) | (1,062) | (1,147) | 963 | (17,851) | (62,876) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 1 | 1 | 27 | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | (731) | (1,062) | (1,146) | 964 | (17,824) | (62,876) | ||
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.