SiNtx Technologies Inc. (SINT) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1885 WEST 2100 STREET SALT LAKE CITY, UT 84119 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3841 - Surgical and Medical Instruments and Apparatus (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 | 3,340 | 6,245 | 14,273 | 25,351 | 1,787 | 5,447 | |||
| Cash and cash equivalents | 3,340 | 6,245 | 14,273 | 25,351 | 1,787 | 5,447 | |||
| Receivables | (0) | 1,856 | 1,724 | 1,347 | |||||
| Inventory, net of allowances, customer advances and progress billings | 1,221 | 737 | 597 | 487 | 639 | 624 | |||
| Inventory | 1,221 | 737 | 597 | 487 | 639 | 624 | |||
| Other current assets | 80 | 8 | |||||||
| Other undisclosed current assets | 891 | 219 | 158 | (104) | (87) | (401) | |||
| Total current assets: | 5,532 | 7,209 | 15,028 | 27,590 | 4,063 | 7,017 | |||
| Noncurrent Assets | |||||||||
| Inventory, Noncurrent | 333 | 453 | 294 | 388 | 533 | ||||
| Operating lease, right-of-use asset | 4,094 | 2,309 | 2,385 | 1,926 | 2,341 | ✕ | |||
| Property, plant and equipment | 4,826 | 5,691 | 4,025 | 471 | 190 | 124 | |||
| Long-term investments and receivables | 3,669 | ||||||||
| Accounts and financing receivable, after allowance for credit loss | 3,669 | ||||||||
| Intangible assets, net (including goodwill) | 21 | 26 | 31 | 36 | 41 | 46 | |||
| Intangible assets, net (excluding goodwill) | 21 | 26 | 31 | 36 | 41 | 46 | |||
| Other noncurrent assets | 559 | 85 | 77 | 36 | 35 | 35 | |||
| Other undisclosed noncurrent assets | 1,944 | 624 | |||||||
| Total noncurrent assets: | 9,833 | 8,564 | 6,812 | 2,857 | 5,084 | 4,498 | |||
| TOTAL ASSETS: | 15,365 | 15,773 | 21,840 | 30,447 | 9,147 | 11,515 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 2,040 | 2,052 | 1,367 | 1,103 | 1,457 | 1,139 | |||
| Accounts payable | 636 | 434 | 217 | 194 | 191 | 301 | |||
| Accrued liabilities | 1,404 | 1,618 | 1,150 | 909 | 1,266 | 838 | |||
| Debt | 46 | 160 | 109 | 366 | |||||
| Deferred rent credit | 169 | ||||||||
| Derivative instruments and hedges, liabilities | 304 | 5,126 | 347 | 1,238 | 220 | 1,062 | |||
| Other liabilities | 4 | 2 | 26 | 23 | 10 | ||||
| Other undisclosed current liabilities | 512 | 738 | 500 | 403 | |||||
| Total current liabilities: | 2,906 | 8,078 | 2,214 | 2,879 | 2,066 | 2,380 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 368 | 1,898 | 1,764 | 1,879 | |||||
| Long-term debt, excluding current maturities | 368 | 287 | 12 | ||||||
| Liabilities, other than long-term debt | 3,687 | 1,623 | 736 | ||||||
| Other liabilities | 2 | 232 | |||||||
| Operating lease, liability | 3,687 | 1,621 | 1,898 | 1,477 | 1,867 | ✕ | |||
| Derivative instruments and hedges, liabilities | 504 | ||||||||
| Other undisclosed noncurrent liabilities | (1,898) | (1,477) | |||||||
| Total noncurrent liabilities: | 3,687 | 1,991 | 1,898 | 1,764 | 1,879 | 736 | |||
| Total liabilities: | 6,593 | 10,069 | 4,112 | 4,643 | 3,945 | 3,116 | |||
| Equity | |||||||||
| Equity, attributable to parent | 8,772 | 5,704 | 17,728 | 25,804 | 5,202 | 8,399 | |||
| Common stock | 53 | 5 | 247 | 245 | 24 | 218 | |||
| Additional paid in capital | 279,433 | 268,154 | 267,364 | 266,666 | 239,256 | 237,462 | |||
| Accumulated deficit | (270,714) | (262,455) | (249,883) | (241,107) | (234,078) | (229,281) | |||
| Total equity: | 8,772 | 5,704 | 17,728 | 25,804 | 5,202 | 8,399 | |||
| TOTAL LIABILITIES AND EQUITY: | 15,365 | 15,773 | 21,840 | 30,447 | 9,147 | 11,515 | |||
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 | 2,627 | 1,561 | 606 | 594 | 689 | 100 | ||
| Operating leases, income statement, lease revenue | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 100 | |
| Cost of revenue | (784) | (265) | (449) | (475) | (551) | (56) | ||
| Other undisclosed gross profit | (5) | |||||||
| Gross profit: | 1,843 | 1,296 | 157 | 119 | 138 | 39 | ||
| Operating expenses | (15,201) | (12,631) | (10,777) | (8,623) | (6,732) | (13,155) | ||
| Operating loss: | (13,358) | (11,335) | (10,620) | (8,504) | (6,594) | (13,116) | ||
| Nonoperating income (expense) | 5,099 | (704) | 1,845 | 1,475 | 1,797 | 3,427 | ||
| Other nonoperating income | 17 | 382 | 143 | 282 | 48 | 83 | ||
| Interest and debt expense | (2) | (17) | (2) | (4) | (339) | |||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 339 | |||||||
| Loss from continuing operations before equity method investments, income taxes: | (8,261) | (12,056) | (8,775) | (7,031) | (4,801) | (9,689) | ||
| Other undisclosed income from continuing operations before income taxes | 2 | 17 | 2 | 4 | ||||
| Loss from continuing operations: | (8,259) | (12,039) | (8,775) | (7,029) | (4,797) | (9,689) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (8,775) | (7,029) | (4,797) | (9,689) | |
| Net loss: | (8,259) | (12,039) | (8,775) | (7,029) | (4,797) | (9,689) | ||
| Other undisclosed net income attributable to parent | 1,037 | |||||||
| Net loss attributable to parent: | (8,259) | (12,039) | (8,775) | (7,029) | (4,797) | (8,652) | ||
| Preferred stock dividends and other adjustments | (26) | (4,450) | (9,565) | (2,703) | (13,900) | |||
| Other undisclosed net income available to common stockholders, basic | 22,529 | |||||||
| Net loss available to common stockholders, basic: | (8,285) | (16,489) | (8,775) | (16,594) | (7,500) | (23) | ||
| Dilutive securities, effect on basic earnings per share | (5,320) | (2,807) | (696) | (2,293) | (1,346) | (7) | ||
| Other undisclosed net loss available to common stockholders, diluted | (1) | |||||||
| Net loss available to common stockholders, diluted: | (13,605) | (19,296) | (9,471) | (18,888) | (8,846) | (29) | ||
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: | (8,259) | (12,039) | (8,775) | (7,029) | (4,797) | (9,689) | ||
| Comprehensive loss, net of tax, attributable to parent: | (8,259) | (12,039) | (8,775) | (7,029) | (4,797) | (9,689) | ||
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.