Rightscorp Inc (RIHT) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
3100 DONALD DOUGLAS LOOP, NORTH SANTA MONICA, CA 90405 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2017 MRQ | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 9/30/2013 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 5 | 193 | 1,667 | 36 | ||||
| Cash and cash equivalents | 5 | 193 | 1,667 | 36 | ||||
| Prepaid expense | 65 | 100 | 190 | 20 | ||||
| Total current assets: | 70 | 293 | 1,857 | 56 | ||||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 54 | 143 | 240 | 56 | ||||
| Intangible assets, net (including goodwill) | (85) | 17 | 34 | ✕ | ||||
| Intangible assets, net (excluding goodwill) | (85) | 17 | 34 | |||||
| Other undisclosed noncurrent assets | 85 | |||||||
| Total noncurrent assets: | 54 | 143 | 257 | 90 | ||||
| TOTAL ASSETS: | 124 | 436 | 2,114 | 146 | ||||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities, including: | 1,886 | 1,408 | 565 | 928 | ||||
| Settlement liabilities | 200 | ✕ | ✕ | |||||
| Employee-related liabilities | 181 | 63 | ||||||
| Accounts payable | 863 | 683 | ||||||
| Accrued liabilities | 200 | 200 | ||||||
| Other undisclosed accounts payable and accrued liabilities | 442 | 461 | 565 | 928 | ||||
| Debt | 50 | 44 | 203 | |||||
| Derivative instruments and hedges, liabilities | 280 | 1,210 | 2,419 | |||||
| Other undisclosed current liabilities | 10 | |||||||
| Total current liabilities: | 2,216 | 2,618 | 3,038 | 1,131 | ||||
| Noncurrent Liabilities | ||||||||
| Other undisclosed liabilities | 109 | |||||||
| Total liabilities: | 2,216 | 2,618 | 3,038 | 1,131 | 109 | |||
| Equity | ||||||||
| Equity, attributable to parent, including: | (2,092) | (2,183) | (923) | (985) | (109) | |||
| Common stock | 127 | 107 | 90 | 69 | 3 | |||
| Common stock, share subscribed but unissued, subscriptions receivable | 50 | 380 | ||||||
| Additional paid in capital | 9,664 | 8,238 | 6,030 | 2,807 | 50 | |||
| Accumulated deficit | (11,884) | (10,528) | (7,093) | (4,241) | ||||
| Other undisclosed equity, attributable to parent | (162) | |||||||
| Total equity: | (2,092) | (2,183) | (923) | (985) | (109) | |||
| TOTAL LIABILITIES AND EQUITY: | 124 | 436 | 2,114 | 146 | ||||
Income Statement (P&L) ($ in thousands)
| 9/30/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 9/30/2013 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 778 | 832 | 931 | 324 | |||
| Revenue, net | 393 | ||||||
| Gross profit: | 778 | 832 | 931 | 324 | |||
| Operating expenses | (2,730) | (5,469) | (4,330) | (2,135) | (89) | ||
| Other undisclosed operating income | 9,274 | ||||||
| Operating income (loss): | (1,951) | 4,637 | (3,399) | (1,811) | (89) | ||
| Nonoperating income (expense) | 596 | 1,202 | 546 | (232) | (3) | ||
| Interest and debt expense | (32) | (6) | (27) | (298) | (3) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (1,387) | 5,833 | (2,879) | (2,341) | (96) | ||
| Other undisclosed income from continuing operations before income taxes | 27 | 298 | 3 | ||||
| Income (loss) from continuing operations: | (1,387) | 5,833 | (2,853) | (2,043) | (92) | ||
| Income (loss) before gain (loss) on sale of properties: | (1,387) | 5,833 | (2,853) | (2,043) | (92) | ||
| Net income (loss): | (1,387) | 5,833 | (2,853) | (2,043) | (92) | ||
| Other undisclosed net income (loss) attributable to parent | 32 | (9,268) | |||||
| Net loss available to common stockholders, diluted: | (1,356) | (3,435) | (2,853) | (2,043) | (92) | ||
Comprehensive Income ($ in thousands)
| 9/30/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 9/30/2013 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | (1,387) | 5,833 | (2,853) | (2,043) | (92) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (1,387) | 5,833 | (2,853) | (2,043) | (92) | ||
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.