SATIVUS TECH CORP. (SATT) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
#3 BETHESDA METRO CENTER #700 BETHESDA, MD 06880 |
| State of Incorp. | DE |
| 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)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 9/30/2018 | 9/30/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 176 | 810 | 866 | 411 | 472 | 3 | |||
| Cash and cash equivalent | 176 | 810 | 866 | 411 | 472 | 3 | |||
| Restricted cash and investments | 6 | 20 | 3 | ||||||
| Receivables | 1,217 | 2 | |||||||
| Inventory, net of allowances, customer advances and progress billings | 122 | ||||||||
| Inventory | 122 | ||||||||
| Other current assets | 85 | 77 | 7 | ||||||
| Other undisclosed current assets | 961 | 90 | 15 | ||||||
| Total current assets: | 1,137 | 901 | 963 | 418 | 1,904 | 19 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 15 | 30 | 46 | ✕ | ✕ | ||||
| Property, plant and equipment | 256 | 219 | 6 | 1,174 | |||||
| Other undisclosed noncurrent assets | 56 | ||||||||
| Total noncurrent assets: | 271 | 249 | 52 | 1,230 | |||||
| TOTAL ASSETS: | 1,408 | 1,150 | 1,015 | 418 | 3,134 | 19 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 46 | 55 | 12 | 51 | 710 | 25 | |||
| Taxes payable | ✕ | ✕ | ✕ | 0 | |||||
| Accounts payable | 46 | 55 | 12 | 51 | 710 | ||||
| Other undisclosed accounts payable and accrued liabilities | 25 | ||||||||
| Debt | 2,087 | 2,177 | 3,021 | 1,128 | 1,126 | ||||
| Other liabilities | 160 | 110 | 100 | 3,208 | |||||
| Due to related parties | ✕ | ✕ | 350 | ||||||
| Other undisclosed current liabilities | 1,327 | 215 | 610 | 1,134 | 27 | ||||
| Total current liabilities: | 2,133 | 3,719 | 3,358 | 1,889 | 6,528 | 52 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 29 | 73 | |||||||
| Long-term debt, excluding current maturities | 73 | ||||||||
| Operating lease, liability | 29 | ✕ | ✕ | ||||||
| Other undisclosed noncurrent liabilities | (29) | 502 | |||||||
| Total noncurrent liabilities: | 29 | 575 | |||||||
| Other undisclosed liabilities | 997 | ||||||||
| Total liabilities: | 3,130 | 3,719 | 3,387 | 2,464 | 6,528 | 52 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (2,284) | (2,844) | (2,478) | (2,046) | (3,394) | (34) | |||
| Common stock | 4 | 4 | 4 | 3 | 1 | 0 | |||
| Additional paid in capital | 20,640 | 19,756 | 18,595 | 15,409 | 3,419 | 55 | |||
| Accumulated deficit | (22,928) | (22,604) | (21,077) | (17,458) | (6,814) | (89) | |||
| Other undisclosed equity, attributable to parent | (0) | ||||||||
| Equity, attributable to noncontrolling interest | 562 | 275 | 106 | ||||||
| Total equity: | (1,722) | (2,569) | (2,372) | (2,046) | (3,394) | (34) | |||
| TOTAL LIABILITIES AND EQUITY: | 1,408 | 1,150 | 1,015 | 418 | 3,134 | 19 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 9/30/2018 | 9/30/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 10 | 36 | ||||||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 36 | |
| Other income | 10 | |||||||
| Cost of revenue | (156) | (21) | ||||||
| Cost of product and service sold | (156) | |||||||
| Other undisclosed gross profit | (3) | |||||||
| Gross profit: | (146) | 12 | ||||||
| Operating expenses | (815) | (1,333) | (2,550) | (563) | (4,949) | (44) | ||
| Other undisclosed operating income | 146 | |||||||
| Operating loss: | (815) | (1,333) | (2,550) | (563) | (4,949) | (32) | ||
| Nonoperating income (expense) | 228 | (480) | (1,391) | (1,388) | (209) | |||
| Gain, foreign currency transaction, before tax | 480 | 1,391 | ||||||
| Debt instrument, convertible, beneficial conversion feature | 425 | |||||||
| Other nonoperating expense | (209) | |||||||
| Interest and debt expense | (227) | (2) | ||||||
| Loss from continuing operations before income taxes: | (587) | (1,813) | (3,941) | (1,951) | (5,385) | (33) | ||
| Income tax benefit | 6 | |||||||
| Loss from continuing operations: | (587) | (1,813) | (3,941) | (1,951) | (5,385) | (27) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (3,941) | (1,951) | (5,385) | (27) | |
| Other undisclosed net income (loss) | 9,593 | (6) | ||||||
| Net income (loss): | (587) | (1,813) | (3,941) | 7,642 | (5,385) | (33) | ||
| Net income (loss) attributable to noncontrolling interest | 263 | |||||||
| Other undisclosed net income attributable to parent | 237 | |||||||
| Net income (loss) available to common stockholders, diluted: | (324) | (1,813) | (3,941) | 7,642 | (5,148) | (33) | ||
Comprehensive Income ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 9/30/2018 | 9/30/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (587) | (1,813) | (3,941) | 7,642 | (5,385) | (33) | ||
| Comprehensive income (loss): | (587) | (1,813) | (3,941) | 7,642 | (5,385) | (33) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 263 | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (324) | (1,813) | (3,941) | 7,642 | (5,385) | (33) | ||
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.