Safeguard Scientifics, Inc. (SFES) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
150 NORTH RADNOR-CHESTER ROAD RADNOR, PA 19087 |
| State of Incorp. | PA |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6799 - Investors, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments, including: | 19,287,000 | 24,739,000 | 15,601,000 | 25,028,000 | 45,700,000 | 25,200,000 | |||
| Cash and cash equivalent | 13,331,000 | 24,739,000 | 15,601,000 | 25,028,000 | 7,703,000 | 20,751,000 | |||
| Short-term investments | 5,956,000 | 37,955,000 | 8,213,000 | ||||||
| Other undisclosed cash, cash equivalents, and short-term investments | 42,000 | (3,764,000) | |||||||
| Restricted cash and investments | 25,000 | 25,000 | 25,000 | 500,000 | |||||
| Other undisclosed current assets | 2,111,000 | 5,514,000 | 462,000 | 1,297,000 | 2,627,000 | 8,408,000 | |||
| Total current assets: | 21,423,000 | 30,278,000 | 16,063,000 | 26,350,000 | 48,827,000 | 33,608,000 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 1,290,000 | 1,561,000 | ✕ | ✕ | |||||
| Property, plant and equipment | 1,790,000 | 2,101,000 | 808,000 | 1,513,000 | |||||
| Long-term investments and receivables | 14,545,000 | 21,972,000 | 50,398,000 | 77,129,000 | 95,585,000 | 134,691,000 | |||
| Long-term investments | 14,545,000 | 21,972,000 | 50,398,000 | 77,129,000 | 95,585,000 | 134,691,000 | |||
| Restricted cash and investments | 6,336,000 | ||||||||
| Other noncurrent assets | 434,000 | 217,000 | 784,000 | 1,997,000 | 517,000 | 316,000 | |||
| Total noncurrent assets: | 16,269,000 | 23,750,000 | 52,972,000 | 81,227,000 | 96,910,000 | 142,856,000 | |||
| TOTAL ASSETS: | 37,692,000 | 54,028,000 | 69,035,000 | 107,577,000 | 145,737,000 | 176,464,000 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 881,000 | 1,359,000 | 3,143,000 | 2,030,000 | 5,780,000 | 5,327,000 | |||
| Employee-related liabilities | ✕ | ✕ | 794,000 | 2,677,000 | 1,364,000 | 3,433,000 | 3,321,000 | ||
| Accounts payable | 16,000 | 41,000 | 56,000 | 39,000 | 165,000 | 155,000 | |||
| Accrued liabilities | 865,000 | 524,000 | 410,000 | 627,000 | 2,182,000 | 1,851,000 | |||
| Debt | 399,000 | 22,100,000 | 40,485,000 | ||||||
| Other undisclosed current liabilities | 936,000 | 375,000 | 327,000 | 5,060,000 | |||||
| Total current liabilities: | 1,817,000 | 1,734,000 | 3,470,000 | 2,429,000 | 32,940,000 | 45,812,000 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,678,000 | 2,053,000 | 2,380,000 | 43,014,000 | 45,321,000 | ||||
| Long-term debt, excluding current maturities | 43,014,000 | 45,321,000 | |||||||
| Liabilities, other than long-term debt | 1,299,000 | 50,000 | 637,000 | 1,027,000 | 2,804,000 | 3,535,000 | |||
| Other liabilities | 50,000 | 50,000 | 637,000 | 1,027,000 | 2,804,000 | 3,535,000 | |||
| Operating lease, liability | 1,249,000 | 1,678,000 | 2,053,000 | 2,380,000 | ✕ | ✕ | |||
| Total noncurrent liabilities: | 1,299,000 | 1,728,000 | 2,690,000 | 3,407,000 | 45,818,000 | 48,856,000 | |||
| Total liabilities: | 3,116,000 | 3,462,000 | 6,160,000 | 5,836,000 | 78,758,000 | 94,668,000 | |||
| Equity | |||||||||
| Equity, attributable to parent | 34,576,000 | 50,566,000 | 62,875,000 | 101,741,000 | 66,979,000 | 81,796,000 | |||
| Common stock | 2,157,000 | 2,157,000 | 2,157,000 | 2,157,000 | 2,157,000 | 2,157,000 | |||
| Treasury stock, value | (48,410,000) | (48,569,000) | (10,200,000) | (14,024,000) | (15,001,000) | (17,308,000) | |||
| Additional paid in capital | 804,752,000 | 806,638,000 | 807,582,000 | 810,856,000 | 810,928,000 | 812,536,000 | |||
| Accumulated other comprehensive loss | (25,000) | (25,000) | (25,000) | (25,000) | (113,000) | ||||
| Accumulated deficit | (723,898,000) | (709,635,000) | (736,639,000) | (697,223,000) | (731,105,000) | (715,476,000) | |||
| Total equity: | 34,576,000 | 50,566,000 | 62,875,000 | 101,741,000 | 66,979,000 | 81,796,000 | |||
| TOTAL LIABILITIES AND EQUITY: | 37,692,000 | 54,028,000 | 69,035,000 | 107,577,000 | 145,737,000 | 176,464,000 | |||
Income Statement (P&L) (USD)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Operating expenses | (4,775,000) | (7,153,000) | (9,466,000) | (9,982,000) | (16,871,000) | (17,131,000) | ||
| Other undisclosed operating income | 493,000 | |||||||
| Operating loss: | (4,775,000) | (7,153,000) | (9,466,000) | (9,982,000) | (16,871,000) | (17,131,000) | ||
| Nonoperating income (expense) | (2,503,000) | 22,311,000 | (7,447,000) | 14,299,000 | (2,352,000) | 3,537,000 | ||
| Investment income, nonoperating | 794,000 | 276,000 | 261,000 | 2,044,000 | 2,806,000 | 3,876,000 | ||
| Other nonoperating income (expense) | (3,297,000) | 22,035,000 | (7,708,000) | 12,255,000 | (5,158,000) | (339,000) | ||
| Interest and debt expense | (14,023,000) | (16,067,000) | (8,620,000) | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (7,278,000) | 15,158,000 | (16,913,000) | (9,706,000) | (35,290,000) | (22,214,000) | ||
| Income (loss) from equity method investments | (6,985,000) | 11,846,000 | (20,702,000) | 64,267,000 | 19,661,000 | (66,358,000) | ||
| Income (loss) from continuing operations: | (14,263,000) | 27,004,000 | (37,615,000) | 54,561,000 | (15,629,000) | (88,572,000) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | 27,004,000 | (37,615,000) | 54,561,000 | (15,629,000) | (88,572,000) | |
| Net income (loss) available to common stockholders, diluted: | (14,263,000) | 27,004,000 | (37,615,000) | 54,561,000 | (15,629,000) | (88,572,000) | ||
Comprehensive Income (USD)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (14,263,000) | 27,004,000 | (37,615,000) | 54,561,000 | (15,629,000) | (88,572,000) | ||
| Other comprehensive loss | (25,000) | (15,516,000) | (88,254,000) | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | (14,263,000) | 27,004,000 | (37,615,000) | 54,536,000 | (31,145,000) | (176,826,000) | ||
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.