RealNetworks, Inc. (RNWK) Financial Statements (2024 and earlier)

Company Profile

Business Address 1501 FIRST AVENUE SOUTH
SEATTLE, WA 98134
State of Incorp. WA
Fiscal Year End December 31
Industry (SIC) 7371 - Computer Programming Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2022
MRQ
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 27,10923,94016,80535,58559,97577,052
Cash and cash equivalents 27,10923,94016,80535,56151,19633,721
Short-term investments    248,77943,331
Receivables 9,55610,22930,40713,55112,68922,162
Deferred costs 49196823331426760
Disposal group, including discontinued operation     17,456 
Other undisclosed current assets 4,92113,4456,5454,1113,7154,910
Total current assets: 41,63547,81054,58053,57894,261104,884
Noncurrent Assets
Operating lease, right-of-use asset 3,9927,937 
Property, plant and equipment 1,4701,8712,8212,7543,8605,254
Intangible assets, net (including goodwill) 16,97617,37581,71416,98113,38513,795
Goodwill 16,97617,37562,42816,95513,06012,857
Intangible assets, net (excluding goodwill)   19,28626325938
Restricted cash and investments 1,6301,6305,3741,6302,4002,700
Deferred costs  741,0215289551,246
Deferred income tax assets 727909761
Other noncurrent assets 2,8784,1501,8913,9975,5881,742
Other undisclosed noncurrent assets   11,5928511,047816
Total noncurrent assets: 27,67333,946105,17426,74127,23525,553
TOTAL ASSETS: 69,30881,756159,75480,319121,496130,437
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 9,5288,41167,53510,34311,13425,990
Employee-related liabilities5,7614,5126,8584,4444,3845,136
Accounts payable 2,5782,7504,9273,9103,78518,225
Accrued liabilities 1,1891,14955,7501,9892,9652,629
Deferred revenue 2,6142,1226,620
Debt  3,37312,136   
Disposal group, including discontinued operation     17,107 
Business combination, contingent consideration, liability  4,800    
Other liabilities 3,1672,7857,3434,0943,2344,402
Deferred revenue and credits3,0973,430
Due to related parties    2,7502,7501,500
Other undisclosed current liabilities 3,1691,2312,5472,9101,7823,258
Total current liabilities: 18,47822,72296,18120,09739,10438,580
Noncurrent Liabilities
Long-term debt and lease obligation: 2,3006,8378,466   
Liabilities, other than long-term debt 2,4573,41512,9341,9463,2003,189
Deferred revenue and credits1,425988
Deferred revenue 1834596
Deferred rent credit    986
Deferred income tax liabilities 1,1321,1291,172
Other liabilities 1,1422,24111,6669601,7752,201
Operating lease, liability 2,3006,8378,466
Other undisclosed noncurrent liabilities  2,8953,9001,4361987
Total noncurrent liabilities: 4,75713,14725,3003,3823,2193,276
Total liabilities: 23,23535,869121,48123,47942,32341,856
Equity
Equity, attributable to parent, including: 46,07346,14938,77556,84079,17388,581
Common stock 473838373737
Additional paid in capital 678,381655,606644,070641,930638,727633,928
Accumulated other comprehensive loss (61,520)(60,641)(61,323)(61,118)(59,547)(61,645)
Accumulated deficit (570,843)(548,862)(544,010)(524,009)(500,044)(483,739)
Other undisclosed equity, attributable to parent 88    
Equity, attributable to noncontrolling interest  (262)(502)   
Total equity: 46,07345,88738,27356,84079,17388,581
TOTAL LIABILITIES AND EQUITY: 69,30881,756159,75480,319121,496130,437

Income Statement (P&L) ($ in thousands)

9/30/2022
TTM
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues 58,18368,062172,11369,51078,718120,468
Revenue, net78,718120,468
Cost of revenue
(Cost of Goods and Services Sold)
 (13,756)(16,465)(103,127)(17,727)(23,164)(64,968)
Gross profit: 44,42751,59768,98651,78355,55455,500
Operating expenses (65,300)(56,621)(101,429)(74,054)(76,185)(92,674)
Operating loss: (20,873)(5,024)(32,443)(22,271)(20,631)(37,174)
Nonoperating income (expense) (140)(35)12,253(516)4391,746
Other nonoperating income (expense) 2,024(164)420(103)(506)(643)
Interest and debt expense 2,897(20)(636)   
Loss from continuing operations before equity method investments, income taxes: (18,116)(5,079)(20,826)(22,787)(20,192)(35,428)
Other undisclosed income (loss) from continuing operations before income taxes (2,897)20636   
Loss from continuing operations before income taxes: (21,013)(5,059)(20,190)(22,787)(20,192)(35,428)
Income tax expense (benefit) (479)(55)(1,068)(2,202)2,778(1,122)
Loss from continuing operations: (21,492)(5,114)(21,258)(24,989)(17,414)(36,550)
Loss before gain (loss) on sale of properties:(22,225)(5,320)(21,258)(24,989)(17,414)(36,550)
Loss from discontinued operations (733)(206)    
Net loss: (22,225)(5,320)(21,258)(24,989)(17,414)(36,550)
Net income attributable to noncontrolling interest  2841,257   
Other undisclosed net income attributable to parent 244184  1,109 
Net loss available to common stockholders, diluted: (21,981)(4,852)(20,001)(24,989)(16,305)(36,550)

Comprehensive Income ($ in thousands)

9/30/2022
TTM
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net loss: (22,225)(5,320)(21,258)(24,989)(17,414)(36,550)
Other comprehensive income (loss) (879)909(205)(1,571)2,098(2,165)
Comprehensive loss: (23,104)(4,411)(21,463)(26,560)(15,316)(38,715)
Comprehensive income, net of tax, attributable to noncontrolling interest 2444682,514   
Other undisclosed comprehensive income (loss), net of tax, attributable to parent   (1,257) 1,109 
Comprehensive loss, net of tax, attributable to parent: (22,860)(3,943)(20,206)(26,560)(14,207)(38,715)

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.

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