RMG Networks Holding Corp (RMGNU) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
15301 DALLAS PARKWAY, SUITE 500 ADDISON, TX 75001 |
| State of Incorp. | DE |
| 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)
| 6/30/2018 MRQ | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,538 | 5,142 | 3 | 3,077 | 414 | ||||
| Cash and cash equivalents | 1,538 | 5,142 | 3 | 3,077 | 414 | ||||
| Receivables | 10,961 | 10,381 | 11 | 15,748 | |||||
| Inventory, net of allowances, customer advances and progress billings | 771 | 830 | 1 | 1,461 | ✕ | ✕ | |||
| Inventory | 771 | 830 | 1 | 1,461 | |||||
| Prepaid expense | 977 | 762 | 1 | ✕ | |||||
| Other current assets | 1,298 | ✕ | |||||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 4 | ||
| Deferred tax assets | 7 | ||||||||
| Other undisclosed current assets | (3) | ||||||||
| Total current assets: | 14,247 | 17,115 | 16 | 21,591 | 415 | ||||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 2,895 | 3,710 | 4 | 5,686 | 3,549 | ||||
| Intangible assets, net (including goodwill), including: | 4,572 | 6,780 | 9 | 11,519 | 67,455 | ✕ | |||
| Goodwill | 28,673 | ||||||||
| Intangible assets, net (excluding goodwill) | 4,572 | 6,780 | 9 | 11,519 | 38,782 | ||||
| Other undisclosed intangible assets, net (including goodwill) | 0 | ✕ | ✕ | ||||||
| Restricted cash and investments | 80,001 | ||||||||
| Other noncurrent assets | 183 | 228 | 0 | 250 | ✕ | ||||
| Deferred tax assets, net | (2,940) | ||||||||
| Other undisclosed noncurrent assets | 51 | 66 | 0 | 743 | |||||
| Total noncurrent assets: | 7,701 | 10,784 | 14 | 18,198 | 68,064 | 80,001 | |||
| TOTAL ASSETS: | 21,948 | 27,899 | 30 | 39,789 | 68,064 | 80,415 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 4,913 | 6,623 | 7 | 10,096 | 4,145 | 1,335 | |||
| Taxes payable | 649 | (279) | |||||||
| Employee-related liabilities | 444 | ||||||||
| Accounts payable | 2,504 | 3,231 | 3 | 4,697 | |||||
| Accrued liabilities | 2,409 | 3,392 | 4 | 4,306 | 4,424 | 1,335 | |||
| Debt | 1,274 | 0 | 54 | ||||||
| Deferred revenue and credits | 7,949 | 7,327 | 8 | 9,359 | |||||
| Other undisclosed current liabilities | 1,250 | 1 | 5,418 | 660 | |||||
| Total current liabilities: | 14,112 | 15,224 | 16 | 24,873 | 4,198 | 1,995 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 145 | ||||||||
| Capital lease obligations | 145 | ||||||||
| Liabilities, other than long-term debt | 2,131 | 2,244 | 2 | 16,925 | |||||
| Deferred revenue and credits | 2,130 | 1,955 | 2 | 1,478 | |||||
| Due to related parties | 14,000 | ||||||||
| Derivative instruments and hedges, liabilities | 1 | 289 | 0 | 1,447 | |||||
| Other undisclosed noncurrent liabilities | 346 | 2 | 1,879 | 5,000 | |||||
| Total noncurrent liabilities: | 2,131 | 2,590 | 4 | 18,804 | 145 | 5,000 | |||
| Total liabilities: | 16,243 | 17,814 | 19 | 43,677 | 4,344 | 6,995 | |||
| Equity | |||||||||
| Equity, attributable to parent | 5,705 | 10,085 | 10 | (3,888) | 5,000 | ||||
| Common stock | 1 | 5 | 0 | 1 | 0 | ||||
| Treasury stock, value | (480) | (480) | (0) | (480) | |||||
| Additional paid in capital | 113,961 | 113,510 | 108 | 82,090 | 5,000 | ||||
| Accumulated other comprehensive income (loss) | (578) | (944) | (0) | 6 | |||||
| Accumulated deficit | (107,199) | (102,006) | (97) | (85,505) | |||||
| Other undisclosed equity | 68,421 | ||||||||
| Total equity: | 5,705 | 10,085 | 10 | (3,888) | 73,421 | ||||
| TOTAL LIABILITIES AND EQUITY: | 21,948 | 27,899 | 30 | 39,789 | 4,344 | 80,415 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 37,042 | 37,601 | 41 | |||||
| Cost of revenue | (15,909) | (15,480) | (18) | (4,130) | ||||
| Cost of goods and services sold | (10,943) | (15,480) | (18) | (4,130) | ||||
| Gross profit: | 21,133 | 22,121 | 23 | (4,130) | ||||
| Operating expenses | (26,013) | (26,732) | (32) | (58,262) | (601) | |||
| Other undisclosed operating loss | (1,260) | |||||||
| Operating loss: | (4,880) | (4,611) | (10) | (62,392) | (1,862) | |||
| Nonoperating income (expense) (Investment Income, Nonoperating) | (2) | 54 | ||||||
| Interest and debt expense | 437 | 2 | ||||||
| Loss from continuing operations before equity method investments, income taxes: | (4,880) | (4,174) | (11) | (62,392) | (1,808) | |||
| Other undisclosed income (loss) from continuing operations before income taxes | (261) | (193) | 1 | |||||
| Loss from continuing operations before income taxes: | (5,141) | (4,367) | (10) | (62,392) | (1,808) | |||
| Income tax expense (benefit) | (52) | (143) | (0) | 7,711 | ||||
| Loss from continuing operations: | (5,193) | (4,510) | (10) | (54,681) | (1,808) | |||
| Loss before gain (loss) on sale of properties: | (5,193) | (4,770) | (14) | (54,681) | (1,808) | |||
| Loss from discontinued operations | (260) | (4) | ||||||
| Other undisclosed net income | 2 | |||||||
| Net loss: | (5,193) | (4,770) | (12) | (54,681) | (1,808) | |||
| Other undisclosed net income (loss) attributable to parent | (17,824) | 600 | ||||||
| Net loss available to common stockholders, diluted: | (5,193) | (4,770) | (12) | (72,505) | (1,208) | |||
Comprehensive Income ($ in thousands)
| 6/30/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (5,193) | (4,770) | (12) | (54,681) | (1,808) | |||
| Comprehensive loss: | (5,193) | (4,770) | (12) | (54,681) | (1,808) | |||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 366 | (748) | (0) | |||||
| Comprehensive loss, net of tax, attributable to parent: | (4,827) | (5,518) | (12) | (54,681) | (1,808) | |||
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.