Real Goods Solar, Inc. (RGSEQ) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
110 16TH STREET, 3RD FLOOR DENVER, CO 80202 |
| State of Incorp. | CO |
| Fiscal Year End | December 31 |
| Industry (SIC) | 17 - Construction Special Trade Contractors (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2019 MRQ | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 5,831 | 1,170 | 2,940 | 594 | 1,947 | 12,449 | |||
| Cash and cash equivalents | 5,831 | 1,170 | 2,940 | 594 | 1,947 | 12,449 | |||
| Restricted cash and investments | 173 | ||||||||
| Receivables | 1,340 | 2,393 | 3,002 | 4,374 | 8,293 | 11,926 | |||
| Inventory, net of allowances, customer advances and progress billings | 1,595 | 1,950 | 1,502 | 2,051 | 4,639 | 6,715 | |||
| Inventory | 1,595 | 1,950 | 1,502 | 2,051 | 4,639 | 6,715 | |||
| Contract with customer, asset, after allowance for credit loss | 11 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Deferred costs | 236 | 615 | 398 | 935 | 2,011 | 1,421 | |||
| Disposal group, including discontinued operation | 1,242 | 909 | 2,853 | 8,427 | |||||
| Other current assets | 1,613 | 1,264 | 912 | 662 | 1,047 | 1,270 | |||
| Costs in excess of billings | ✕ | ✕ | 19 | 930 | 2,789 | 4,556 | |||
| Total current assets: | 10,626 | 8,634 | 9,855 | 12,399 | 29,153 | 38,337 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 778 | 1,156 | 620 | 1,015 | 1,504 | 3,084 | |||
| Long-term investments and receivables | 1,654 | 1,437 | 1,308 | 1,405 | |||||
| Capital leases, lessor balance sheet, net investment in direct financing and sales type leases | ✕ | 1,654 | 1,437 | 1,308 | 1,405 | ||||
| Intangible assets, net (including goodwill) | 3,202 | 2,452 | 1,338 | 1,338 | 1,338 | 1,867 | |||
| Goodwill | 1,338 | 1,338 | 1,338 | 1,338 | 1,867 | ||||
| Intangible assets, net (excluding goodwill) | 3,202 | 1,114 | |||||||
| Disposal group, including discontinued operation, noncurrent assets | 579 | 1,252 | 878 | 1,082 | ✕ | ||||
| Other noncurrent assets | 2,029 | ||||||||
| Other undisclosed noncurrent assets | 480 | ||||||||
| Total noncurrent assets: | 5,634 | 5,624 | 4,518 | 4,636 | 5,953 | 5,431 | |||
| TOTAL ASSETS: | 16,260 | 14,258 | 14,373 | 17,035 | 35,106 | 43,768 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 2,433 | 2,828 | 3,839 | 10,399 | 16,376 | 17,670 | |||
| Accounts payable | 862 | 1,387 | 2,555 | 9,121 | 13,398 | 14,059 | |||
| Accrued liabilities | 1,571 | 1,441 | 1,284 | 1,278 | 2,978 | 3,611 | |||
| Debt | 336 | 1 | 787 | 774 | 4,350 | 2,000 | |||
| Derivative instruments and hedges, liabilities | 344 | 46 | |||||||
| Disposal group, including discontinued operation | 721 | 1,457 | 4,510 | 7,985 | |||||
| Billings in excess of cost | ✕ | ✕ | 107 | 858 | 1,984 | 395 | |||
| Due to related parties | 3,150 | ||||||||
| Other undisclosed current liabilities | 612 | 1,392 | 1,033 | 918 | 3,612 | 4,937 | |||
| Total current liabilities: | 3,725 | 4,942 | 7,269 | 17,459 | 37,457 | 25,002 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 1,753 | 3,150 | 2,126 | 589 | 2,950 | 15,071 | |||
| Disposal group, including discontinued operation, liabilities | 745 | 225 | 225 | 327 | |||||
| Other liabilities | 1,242 | 2,329 | 1,764 | 22 | 132 | ||||
| Derivative instruments and hedges, liabilities | 511 | 76 | 137 | 342 | 2,491 | 15,071 | |||
| Other undisclosed noncurrent liabilities | 446 | ||||||||
| Total noncurrent liabilities: | 1,753 | 3,150 | 2,126 | 589 | 2,950 | 15,517 | |||
| Total liabilities: | 5,478 | 8,092 | 9,395 | 18,048 | 40,407 | 40,519 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 10,782 | 6,166 | 4,978 | (1,013) | (5,301) | 3,249 | |||
| Additional paid in capital | 253,331 | 205,830 | 187,752 | 156,433 | 140,124 | 92,808 | |||
| Accumulated deficit | (242,566) | (200,482) | (182,782) | (157,454) | (146,674) | (89,563) | |||
| Other undisclosed equity, attributable to parent | 17 | 818 | 8 | 8 | 1,249 | 4 | |||
| Total equity: | 10,782 | 6,166 | 4,978 | (1,013) | (5,301) | 3,249 | |||
| TOTAL LIABILITIES AND EQUITY: | 16,260 | 14,258 | 14,373 | 17,035 | 35,106 | 43,768 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 12,728 | 15,176 | 17,425 | 45,527 | 70,775 | 101,342 | ||
| Revenue, net | ✕ | ✕ | 14,072 | |||||
| Cost of revenue (Cost of Goods and Services Sold) | (32) | (14,799) | (15,550) | (39,091) | (58,018) | (79,032) | ||
| Gross profit: | 12,696 | 377 | 1,875 | 6,436 | 12,757 | 22,310 | ||
| Operating expenses | (9,793) | (10,704) | (13,451) | (23,261) | (53,188) | (34,650) | ||
| Other undisclosed operating loss | (17,874) | (7,431) | ||||||
| Operating loss: | (14,971) | (17,758) | (11,576) | (16,825) | (40,431) | (12,340) | ||
| Nonoperating income (expense) | 21 | (21) | ||||||
| Investment income, nonoperating | (1,042) | |||||||
| Other nonoperating income (expense) | 1,063 | (21) | ||||||
| Interest and debt expense | (486) | (2,811) | (487) | (367) | ||||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (11,395) | 7,513 | 13,357 | 1,098 | ||||
| Loss from continuing operations before income taxes: | (14,950) | (18,244) | (25,803) | (9,799) | (27,441) | (11,242) | ||
| Income tax expense (benefit) | (27) | (9) | 1,240 | (58) | ||||
| Loss from continuing operations: | (14,950) | (18,244) | (25,830) | (9,808) | (26,201) | (11,300) | ||
| Loss before gain (loss) on sale of properties: | (14,950) | (18,618) | (25,328) | (10,780) | (57,111) | (11,300) | ||
| Income (loss) from discontinued operations | (374) | 502 | (972) | (30,910) | ||||
| Net loss: | (14,950) | (18,618) | (25,328) | (10,780) | (57,111) | (11,300) | ||
| Other undisclosed net income (loss) attributable to parent | (27,134) | 918 | ||||||
| Net loss available to common stockholders, diluted: | (42,084) | (17,700) | (25,328) | (10,780) | (57,111) | (11,300) | ||
Comprehensive Income ($ in thousands)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (14,950) | (18,618) | (25,328) | (10,780) | (57,111) | (11,300) | ||
| Comprehensive loss, net of tax, attributable to parent: | (14,950) | (18,618) | (25,328) | (10,780) | (57,111) | (11,300) | ||
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.