SharpSpring, Inc. (SHSP) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
5001 CELEBRATION POINTE AVENUE GAINESVILLE, FL 32608 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 26,860 | 28,268 | 15,019 | 15,287 | 11,625 | 11,882 | |||
| Cash and cash equivalent | 26,860 | 28,268 | 15,019 | 15,287 | 11,625 | 11,882 | |||
| Receivables | 1,685 | 1,626 | 1,466 | 1,625 | 3,095 | 1,353 | |||
| Other current assets | 1,443 | 1,434 | 1,422 | 1,203 | 1,501 | 1,363 | |||
| Total current assets: | 29,988 | 31,327 | 17,906 | 18,115 | 16,221 | 14,599 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 8,145 | 8,352 | 8,556 | 8,757 | 5,687 | 5,282 | |||
| Property, plant and equipment | 2,012 | 2,189 | 2,272 | 2,336 | 2,206 | 1,997 | |||
| Intangible assets, net (including goodwill) | 10,221 | 10,250 | 10,938 | 10,925 | 10,919 | 10,923 | |||
| Goodwill | 10,221 | 10,250 | 10,938 | 10,925 | 10,919 | 10,923 | |||
| Deferred income tax assets | 4 | 6 | |||||||
| Other noncurrent assets | 591 | 612 | 616 | 579 | 547 | 549 | |||
| Other undisclosed noncurrent assets | 3,844 | 4,016 | 4,169 | 4,321 | 4,505 | 4,658 | |||
| Total noncurrent assets: | 24,814 | 25,419 | 26,554 | 26,924 | 23,865 | 23,408 | |||
| TOTAL ASSETS: | 54,802 | 56,746 | 44,460 | 45,039 | 40,086 | 38,007 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 962 | 1,156 | 2,358 | 2,005 | 3,479 | 2,986 | |||
| Taxes payable | 83 | 81 | 76 | 73 | 12 | 14 | |||
| Accounts payable | 879 | 1,075 | 2,283 | 1,932 | 2,942 | 2,053 | |||
| Accrued liabilities | 525 | 919 | |||||||
| Deferred revenue | 951 | 845 | 566 | 660 | 767 | 861 | |||
| Debt | 5,682 | 5,256 | 4,670 | 4,079 | 1,900 | 370 | |||
| Other undisclosed current liabilities | 1,647 | 1,260 | 954 | 631 | 421 | ||||
| Total current liabilities: | 9,242 | 8,517 | 8,549 | 7,375 | 6,567 | 4,217 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 7,755 | 8,540 | 9,312 | 10,079 | 5,347 | 4,977 | |||
| Long-term debt, excluding current maturities | 188 | 769 | 1,338 | 1,906 | |||||
| Operating lease, liability | 7,567 | 7,772 | 7,974 | 8,172 | 5,347 | 4,977 | |||
| Other undisclosed noncurrent liabilities | (5,347) | ||||||||
| Total noncurrent liabilities: | 7,755 | 8,540 | 9,312 | 10,079 | 5,347 | 4,977 | |||
| Total liabilities: | 16,997 | 17,057 | 17,861 | 17,454 | 11,914 | 9,193 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 37,806 | 39,689 | 26,599 | 27,585 | 28,172 | 28,813 | |||
| Common stock | 13 | 13 | 12 | 12 | 12 | 12 | |||
| Treasury stock, value | (84) | (84) | 84 | (84) | (84) | (84) | |||
| Additional paid in capital | 76,256 | 75,545 | 60,139 | 59,587 | 59,207 | 58,851 | |||
| Accumulated other comprehensive loss | (225) | (215) | (226) | (230) | (234) | (225) | |||
| Accumulated deficit | (38,154) | (35,570) | (33,241) | (31,699) | (30,729) | (29,741) | |||
| Other undisclosed equity, attributable to parent | (168) | ||||||||
| Total equity: | 37,806 | 39,689 | 26,599 | 27,585 | 28,172 | 28,813 | |||
| TOTAL LIABILITIES AND EQUITY: | 54,802 | 56,746 | 44,460 | 45,039 | 40,086 | 38,007 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 7,989 | 7,657 | 7,307 | 7,271 | 7,053 | 6,132 | ||
| Cost of revenue | (1,890) | (1,953) | (1,869) | (1,873) | (2,368) | (2,127) | ||
| Gross profit: | 6,099 | 5,705 | 5,438 | 5,398 | 4,685 | 4,004 | ||
| Operating expenses | (8,850) | (8,089) | (6,964) | (6,308) | (7,179) | (6,719) | ||
| Operating loss: | (2,751) | (2,384) | (1,527) | (910) | (2,494) | (2,715) | ||
| Nonoperating income (expense) | 174 | 54 | (14) | (3) | (57) | 15 | ||
| Loss, foreign currency transaction, before tax | (73) | |||||||
| Other nonoperating income (expense) | 174 | |||||||
| Interest and debt expense | (167) | |||||||
| Loss from continuing operations before equity method investments, income taxes: | (2,744) | (2,331) | (1,541) | (913) | (2,551) | (2,700) | ||
| Other undisclosed income from continuing operations before income taxes | 167 | |||||||
| Loss from continuing operations before income taxes: | (2,577) | (2,331) | (1,541) | (913) | (2,551) | (2,700) | ||
| Income tax expense (benefit) | (7) | 3,010 | (2) | (57) | 1,563 | (29) | ||
| Income (loss) from continuing operations: | (2,584) | 679 | (1,542) | (970) | (988) | (2,729) | ||
| Income (loss) before gain (loss) on sale of properties: | (2,584) | 679 | (1,542) | (970) | (988) | (2,729) | ||
| Other undisclosed net loss | (3,007) | |||||||
| Net loss available to common stockholders, diluted: | (2,584) | (2,328) | (1,542) | (970) | (988) | (2,729) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (2,584) | (2,328) | (1,542) | (970) | (988) | (2,729) | ||
| Comprehensive loss: | (2,584) | (2,328) | (1,542) | (970) | (988) | (2,729) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (10) | 11 | 4 | 3 | (9) | 9 | ||
| Comprehensive loss, net of tax, attributable to parent: | (2,594) | (2,317) | (1,538) | (967) | (997) | (2,720) | ||
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.