RPX Corp (RPXC) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
ONE MARKET PLAZA SAN FRANCISCO, CA 94105 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6794 - Patent Owners and Lessors (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2018 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 | 157,165 | 190,988 | 325,998 | 317,533 | 290,722 | 199,730 | |||
| Cash and cash equivalents | 138,710 | 100,111 | 94,983 | 78,019 | 100,155 | 73,638 | |||
| Short-term investments | 18,455 | 90,877 | 231,015 | 239,514 | 190,567 | 126,092 | |||
| Restricted cash and investments | 249 | 500 | 701 | 584 | |||||
| Receivables | 53,044 | 65,695 | 13,905 | 24,893 | 38,477 | 25,144 | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | 10,546 | 5,237 | ||
| Other undisclosed current assets | 24,187 | 3,224 | 12,643 | 7,766 | 4,181 | 41,433 | |||
| Total current assets: | 234,645 | 260,407 | 353,247 | 350,776 | 343,926 | 271,544 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 5,090 | 6,948 | 4,733 | 4,151 | 4,667 | 3,144 | |||
| Long-term investments and receivables | 600 | ||||||||
| Long-term investments | 600 | ||||||||
| Intangible assets, net (including goodwill) | 119,843 | 207,372 | 21,779 | 23,504 | 18,178 | 19,686 | |||
| Goodwill | 70,756 | 151,322 | 19,978 | 19,978 | 16,460 | 16,460 | |||
| Intangible assets, net (excluding goodwill) | 49,087 | 56,050 | 1,801 | 3,526 | 1,718 | 3,226 | |||
| Restricted cash and investments | 968 | 965 | 727 | 1,091 | 1,454 | ||||
| Other noncurrent assets | 3,664 | 8,337 | 6,896 | 26,100 | ✕ | ||||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | 622 | 279 | ||
| Deferred tax assets, net | 23,572 | 38,261 | 16,619 | 93 | |||||
| Other undisclosed noncurrent assets | 163,048 | 212,999 | 253,960 | 236,349 | 219,954 | 199,314 | |||
| Total noncurrent assets: | 316,185 | 474,882 | 305,314 | 291,288 | 244,875 | 222,423 | |||
| TOTAL ASSETS: | 550,830 | 735,289 | 658,561 | 642,064 | 588,801 | 493,967 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 17,961 | 19,995 | 15,801 | 14,492 | 9,116 | 7,774 | |||
| Accounts payable | 2,225 | 3,197 | 959 | 235 | 332 | 568 | |||
| Accrued liabilities | 15,736 | 16,798 | 14,842 | 14,257 | 8,784 | 7,206 | |||
| Debt | 6,474 | 2,383 | 500 | 500 | |||||
| Deferred revenue and credits | 105,150 | 118,856 | 110,921 | 133,316 | 131,808 | 101,249 | |||
| Other liabilities | 1,485 | 1,484 | 467 | 640 | 1,638 | 1,813 | |||
| Total current liabilities: | 124,596 | 146,809 | 129,572 | 148,448 | 143,062 | 111,336 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 88,110 | ||||||||
| Long-term debt, excluding current maturities | 88,110 | ||||||||
| Liabilities, other than long-term debt | 12,822 | 22,066 | 12,510 | 8,571 | 16,999 | 22,372 | |||
| Deferred revenue and credits | 1,718 | 11,552 | 4,731 | 2,893 | 5,935 | 3,122 | |||
| Deferred tax liabilities, net | 7,837 | 18,108 | |||||||
| Other liabilities | 11,104 | 10,514 | 7,779 | 5,678 | 3,227 | 1,142 | |||
| Other undisclosed noncurrent liabilities | 3,657 | 4,023 | 3,817 | ||||||
| Total noncurrent liabilities: | 16,479 | 114,199 | 12,510 | 8,571 | 20,816 | 22,372 | |||
| Total liabilities: | 141,075 | 261,008 | 142,082 | 157,019 | 163,878 | 133,708 | |||
| Equity | |||||||||
| Equity, attributable to parent | 409,755 | 474,281 | 516,479 | 485,045 | 424,923 | 360,259 | |||
| Common stock | 5 | 5 | 5 | 5 | 5 | 5 | |||
| Additional paid in capital | 376,793 | 360,462 | 344,610 | 326,280 | 305,343 | 281,530 | |||
| Accumulated other comprehensive income (loss) | (6,454) | (16,435) | (251) | (108) | 48 | (20) | |||
| Retained earnings | 39,411 | 130,249 | 172,115 | 158,868 | 119,527 | 78,744 | |||
| Total equity: | 409,755 | 474,281 | 516,479 | 485,045 | 424,923 | 360,259 | |||
| TOTAL LIABILITIES AND EQUITY: | 550,830 | 735,289 | 658,561 | 642,064 | 588,801 | 493,967 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 330,457 | 333,107 | 291,881 | 259,335 | 237,504 | 197,688 | ||
| Cost of revenue | (203,709) | (197,262) | (148,858) | (124,435) | (110,771) | (82,323) | ||
| Gross profit: | 126,748 | 135,845 | 143,023 | 134,900 | 126,733 | 115,365 | ||
| Operating expenses | (184,558) | (100,457) | (76,836) | (73,179) | (64,151) | (55,513) | ||
| Other undisclosed operating income | 2,207 | 1,500 | 2,100 | |||||
| Operating income (loss): | (57,810) | 35,388 | 66,187 | 63,928 | 64,082 | 61,952 | ||
| Nonoperating expense | (1,255) | (3,079) | (688) | |||||
| Other nonoperating income (expense) | 2,222 | (570) | (688) | |||||
| Interest and debt expense | (4,540) | 463 | 3,000 | |||||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 4,540 | (463) | (3,000) | 354 | 213 | 117 | ||
| Income (loss) from continuing operations before income taxes: | (59,065) | 32,309 | 65,499 | 64,282 | 64,295 | 62,069 | ||
| Income tax expense | (20,078) | (14,074) | (26,077) | (24,941) | (23,512) | (23,112) | ||
| Income (loss) from continuing operations: | (79,143) | 18,235 | 39,422 | 39,341 | 40,783 | 38,957 | ||
| Income (loss) before gain (loss) on sale of properties: | (79,143) | 18,235 | 39,422 | 39,341 | 40,783 | 38,957 | ||
| Net income (loss) attributable to parent: | (79,143) | 18,235 | 39,422 | 39,341 | 40,783 | 38,957 | ||
| Other undisclosed net loss available to common stockholders, basic | (20) | (502) | ||||||
| Net income (loss) available to common stockholders, basic: | (79,143) | 18,235 | 39,422 | 39,341 | 40,763 | 38,455 | ||
| Other undisclosed net income available to common stockholders, diluted | 19 | |||||||
| Net income (loss) available to common stockholders, diluted: | (79,143) | 18,235 | 39,422 | 39,341 | 40,763 | 38,474 | ||
Comprehensive Income ($ in thousands)
| 3/31/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (79,143) | 18,235 | 39,422 | 39,341 | 40,783 | 38,957 | ||
| Other comprehensive income (loss) | 9,836 | (16,281) | ||||||
| Comprehensive income (loss): | (69,307) | 1,954 | 39,422 | 39,341 | 40,783 | 38,957 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 145 | 97 | (143) | (156) | 68 | 3 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (69,162) | 2,051 | 39,279 | 39,185 | 40,851 | 38,960 | ||
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.