Ryvyl Inc. (RVYL) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
3131 CAMINO DEL RIO NORTH, SUITE 1400 SAN DIEGO, CA 92108 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 8742 - Management Consulting Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 12,180 | 13,961 | 89,560 | ||||||
| Cash and cash equivalents | 12,180 | 13,961 | 89,560 | ||||||
| Restricted cash and investments | 61,138 | 26,873 | 1,833 | 763 | |||||
| Receivables | 859 | 1,156 | 482 | 2,789 | 2,777 | 750 | |||
| Inventory, net of allowances, customer advances and progress billings | 302 | 286 | |||||||
| Inventory | 302 | 286 | |||||||
| Other current assets | 12,834 | 7,427 | 18,942 | 7,304 | 8,427 | ||||
| Other undisclosed current assets | 2,854 | 9,498 | 6,421 | 80 | 112 | ||||
| Total current assets: | 89,865 | 59,216 | 115,690 | 12,006 | 12,079 | 750 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 4,279 | 1,533 | 1,490 | 118 | 230 | ✕ | |||
| Property, plant and equipment | 306 | 1,696 | 1,675 | 57 | 66 | ||||
| Intangible assets, net (including goodwill) | 31,812 | 33,491 | 13,627 | ||||||
| Goodwill | 26,753 | 26,753 | 6,048 | ||||||
| Intangible assets, net (excluding goodwill) | 5,059 | 6,739 | 7,579 | ||||||
| Other noncurrent assets | 2,403 | 197 | 191 | 82 | |||||
| Other undisclosed noncurrent assets | 1,524 | ||||||||
| Total noncurrent assets: | 38,800 | 38,441 | 16,983 | 257 | 296 | ||||
| TOTAL ASSETS: | 128,665 | 97,657 | 132,673 | 12,263 | 12,375 | 750 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 7,574 | 1,630 | 871 | 210 | 505 | 15 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 1,226 | 368 | ||||
| Accounts payable | 1,819 | ||||||||
| Accrued liabilities | 5,755 | 30,641 | 4,998 | 10,200 | 14,022 | 15 | |||
| Other undisclosed accounts payable and accrued liabilities | (29,011) | (5,353) | (9,990) | (13,885) | |||||
| Debt | 15 | 14 | 1,129 | 1,581 | 486 | ||||
| Derivative instruments and hedges, liabilities | 255 | 18,735 | 1,050 | ||||||
| Other liabilities | 504 | 3,663 | 501 | 68 | 15 | ||||
| Other undisclosed current liabilities | 77,449 | 31,174 | 6,719 | 10,320 | 14,471 | 158 | |||
| Total current liabilities: | 85,542 | 36,737 | 26,826 | 11,728 | 17,622 | 659 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 15,912 | 61,735 | 1,036 | 150 | 120 | ||||
| Long-term debt, excluding current maturities | 15,912 | 61,735 | 150 | ||||||
| Liabilities, other than long-term debt | 3,720 | 1,109 | |||||||
| Operating lease, liability | 3,720 | 1,109 | 1,036 | 120 | ✕ | ||||
| Other undisclosed noncurrent liabilities | 58,269 | (120) | 260 | ||||||
| Total noncurrent liabilities: | 19,632 | 62,843 | 60,341 | 150 | 120 | 260 | |||
| Total liabilities: | 105,174 | 99,580 | 87,167 | 11,878 | 17,742 | 919 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 23,491 | (1,923) | 45,505 | 385 | (5,367) | (169) | |||
| Preferred stock | 1 | ||||||||
| Common stock | 6 | 49 | 43 | 31 | 170 | 166 | |||
| Treasury stock, value | (4,934) | ||||||||
| Common stock, value, subscriptions | 2 | 1 | |||||||
| Additional paid in capital | 175,664 | 96,271 | 88,574 | 12,079 | 1,179 | (665) | |||
| Accumulated other comprehensive income (loss) | 401 | 1,596 | |||||||
| Retained earnings (accumulated deficit) | (152,581) | (99,772) | (38,178) | (11,725) | (6,717) | 329 | |||
| Other undisclosed equity, attributable to parent | (68) | ||||||||
| Total equity: | 23,491 | (1,923) | 45,505 | 385 | (5,367) | (169) | |||
| TOTAL LIABILITIES AND EQUITY: | 128,665 | 97,657 | 132,673 | 12,263 | 12,375 | 750 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 65,869 | 32,909 | 26,305 | 8,525 | 10,003 | |||
| Revenue from related parties | ✕ | ✕ | 13,130 | |||||
| Cost of revenue | (40,157) | (16,787) | (9,412) | (4,826) | (11,091) | |||
| Gross profit: | 25,712 | 16,123 | 16,892 | 3,699 | (1,088) | |||
| Operating expenses | (38,014) | (53,961) | (37,677) | (8,804) | (4,523) | |||
| Operating loss: | (12,302) | (37,838) | (20,785) | (5,104) | (5,611) | |||
| Nonoperating income (expense) | (40,510) | (11,406) | (5,664) | 97 | 927 | (53) | ||
| Other nonoperating income (expense) | (40,510) | (11,406) | (5,664) | 97 | 927 | (53) | ||
| Interest and debt expense | (3,300) | (5,710) | (2,993) | (1,103) | (195) | 101 | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 1,103 | 195 | (101) | |||||
| Loss from continuing operations before equity method investments, income taxes: | (56,112) | (54,954) | (29,442) | (5,007) | (4,685) | (53) | ||
| Other undisclosed income from continuing operations before income taxes | 3,300 | 5,710 | 2,993 | |||||
| Loss from continuing operations before income taxes: | (52,812) | (49,244) | (26,449) | (5,007) | (4,685) | (53) | ||
| Income tax expense (benefit) | (289) | 9 | (5) | |||||
| Loss from continuing operations: | (53,101) | (49,236) | (26,454) | (5,007) | (4,685) | (53) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (26,454) | (5,007) | (4,685) | (53) | |
| Net loss: | (53,101) | (49,236) | (26,454) | (5,007) | (4,685) | (53) | ||
| Other undisclosed net income attributable to parent | 19 | |||||||
| Net loss available to common stockholders, diluted: | (53,101) | (49,236) | (26,454) | (5,007) | (4,685) | (34) | ||
Comprehensive Income ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (53,101) | (49,236) | (26,454) | (5,007) | (4,685) | (53) | ||
| Other comprehensive income (loss) | (53,057) | 1,596 | ||||||
| Other undisclosed comprehensive loss | ||||||||
| Comprehensive loss: | (106,158) | (47,639) | (26,454) | (5,007) | (4,685) | (53) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 53,101 | |||||||
| Comprehensive loss, net of tax, attributable to parent: | (53,057) | (47,639) | (26,454) | (5,007) | (4,685) | (53) | ||
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.