StrikeForce Technologies Inc. (SFOR) financial statements (2022 and earlier)

Company profile

Business Address 1090 KING GEORGES POST ROAD
EDISON, NJ 08837
State of Incorp. WY
Fiscal Year End December 31
SIC 7372 - Prepackaged Software (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3,1801,348816162812213
Cash and cash equivalents3,1801,348816162812213
Receivables12111720222023
Prepaid expense112723212363
Total current assets:3,2031,3868562035414838
Noncurrent Assets
Operating lease, right-of-use asset120132145157170182194
Property, plant and equipment 112334
Other undisclosed noncurrent assets13131414151516
Total noncurrent assets:133146160173187200214
TOTAL ASSETS:3,3361,5321,016376241348252
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1,0291,0341,0021,0101,2451,2551,134
Accounts payable310330350475475  
Accrued liabilities5,3835,2955,2175,187   
Interest and dividends payable    5,0954,9624,934
Settlement liabilities    76288 
Other undisclosed accounts payable and accrued liabilities(4,664)(4,591)(4,565)(4,652)(4,401)(3,995)(3,800)
Debt2,2462,2722,3952,5862,0292,4142,375
Derivative instruments and hedges, liabilities   1637909841,307
Due to related parties693693693298298298753
Other undisclosed current liabilities9,6239,5359,41810,07310,89910,5029,813
Total current liabilities:13,59113,53413,50814,13015,26015,45415,381
Noncurrent Liabilities
Long-term debt and lease obligation, including:413426739125125137150
Long-term debt, excluding current maturities3273276404634633986
Operating lease, liability869999125125137150
Other undisclosed long-term debt and lease obligation   (463)(463)(398)(6)
Other undisclosed noncurrent liabilities(86)(99) 4634634016
Total noncurrent liabilities:413426739588588538156
Total liabilities:14,00413,96014,24714,71815,84815,99215,537
Stockholders' equity
Stockholders' equity attributable to parent, including:(10,668)(12,428)(13,231)(14,342)(15,607)(15,644)(15,285)
Common stock95888172611
Additional paid in capital59,30756,70150,86239,81431,46830,56429,758
Accumulated deficit(70,201)(69,368)(64,335)(54,396)(47,264)(46,402)(45,249)
Other undisclosed stockholders' equity attributable to parent131151161168183193205
Stockholders' equity attributable to noncontrolling interest (840)  (807)(798)(786)
Other undisclosed stockholders' equity8601,6808308231,6151,5961,572
Total stockholders' equity:(9,808)(11,588)(12,401)(13,519)(14,800)(14,846)(14,499)
Other undisclosed liabilities and equity(860)(840)(830)(823)(807)(1,111)(786)
TOTAL LIABILITIES AND EQUITY:3,3361,5321,01637624135252

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

9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
Revenues40674645515160
Other income (1) 11043 
Cost of revenue(7)(8)(3)(2)(2)(7)(3)
Gross profit:33594344494457
Operating expenses(791)(1,957)(5,776)(1,022)(558)(669)(634)
Other operating expense, net(102)      
Other undisclosed operating income109832273
Operating loss:(751)(1,890)(5,730)(976)(507)(618)(574)
Nonoperating income (expense)  (219)235(47) (199)
Investment income, nonoperating  (219)1,025(47) (199)
Debt instrument, convertible, beneficial conversion feature   (790)   
Interest and debt expense(102)(114)(128)(46)(112)(253)(207)
Other undisclosed loss from continuing operations before equity method investments, income taxes   (7,948)   
Net loss:(853)(2,004)(6,077)(8,736)(666)(871)(980)
Net loss attributable to noncontrolling interest(20)(10)(7)(15)(9)(12)(9)
Other undisclosed net income (loss) attributable to parent20(3,029)(3,862)1,605(196)(282)84
Net loss attributable to parent:(853)(5,043)(9,946)(7,146)(872)(1,165)(905)
Other undisclosed net income available to common stockholders, basic20107159129
Net loss available to common stockholders, diluted:(833)(5,033)(9,939)(7,131)(863)(1,153)(896)

Comprehensive Income ($ in thousands)

9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
Net loss:(853)(2,004)(6,077)(8,736)(666)(871)(980)
Comprehensive loss:(853)(2,004)(6,077)(8,736)(666)(871)(980)
Comprehensive loss, net of tax, attributable to noncontrolling interest(20)(10)(7)(15)(9)(12)(9)
Comprehensive loss, net of tax, attributable to parent:(873)(2,014)(6,084)(8,751)(676)(883)(989)

Statements sources

The financial statements are based on the company's filings with the 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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