Snail, Inc. (SNAL) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
12049 JEFFERSON BOULEVARD CULVER CITY, CA 90230 |
| 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)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 15,198 | 12,864 | |||
| Cash and cash equivalent | 15,198 | 12,864 | |||
| Restricted cash and investments | 1,116 | ||||
| Receivables | (524) | 18,204 | |||
| Prepaid expense | 9,903 | ||||
| Deferred costs | |||||
| Other current assets | 662 | ||||
| Other undisclosed current assets | 40,860 | 1,004 | |||
| Total current assets: | 56,651 | 42,637 | |||
| Noncurrent Assets | |||||
| Operating lease, right-of-use asset | 2,441 | 3,606 | |||
| Property, plant and equipment | 4,682 | 5,115 | |||
| Intangible assets, net (including goodwill) | 272 | 1,657 | |||
| Intangible assets, net (excluding goodwill) | 272 | 1,657 | |||
| Restricted cash and investments | 1,116 | 6,374 | |||
| Deferred income tax assets | 10,248 | 7,603 | |||
| Other noncurrent assets | 164 | 199 | |||
| Other undisclosed noncurrent assets | 15,285 | 5,583 | |||
| Total noncurrent assets: | 34,207 | 30,136 | |||
| TOTAL ASSETS: | 90,858 | 72,773 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 9,452 | ||||
| Accounts payable | 9,452 | ||||
| Deferred revenue | 1,300 | 4,335 | |||
| Debt | 5,145 | 5,503 | |||
| Due to related parties | ✕ | ✕ | 19,918 | ||
| Other undisclosed current liabilities | 64,867 | 12,373 | |||
| Total current liabilities: | 71,313 | 51,582 | |||
| Noncurrent Liabilities | |||||
| Long-term debt and lease obligation | 3,222 | ||||
| Long-term debt, excluding current maturities | 3,222 | ||||
| Liabilities, other than long-term debt | 16,744 | 8,604 | |||
| Accounts payable and accrued liabilities | 255 | 457 | |||
| Deferred revenue | 15,064 | 5,216 | |||
| Operating lease, liability | 1,425 | 2,931 | |||
| Total noncurrent liabilities: | 16,744 | 11,826 | |||
| Total liabilities: | 88,057 | 63,408 | |||
| Equity | |||||
| Equity, attributable to parent, including: | 8,300 | 14,856 | |||
| Treasury stock, value | (3,672) | (3,415) | |||
| Additional paid in capital | 26,172 | 23,437 | |||
| Accumulated other comprehensive loss | (254) | (307) | |||
| Accumulated deficit | (13,949) | (4,863) | |||
| Other undisclosed equity, attributable to parent | 4 | 4 | |||
| Equity, attributable to noncontrolling interest | (5,499) | (5,491) | |||
| Total equity: | 2,801 | 9,365 | |||
| TOTAL LIABILITIES AND EQUITY: | 90,858 | 72,773 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | ||
|---|---|---|---|---|
| Revenues | 60,902 | 74,444 | ||
| Cost of revenue (Cost of Product and Service Sold) | (48,306) | (49,508) | ||
| Gross profit: | 12,596 | 24,936 | ||
| Operating expenses | (22,889) | (26,547) | ||
| Operating income (loss): | (10,293) | (1,610) | ||
| Nonoperating income (expense) | (1,202) | 158 | ||
| Investment income, nonoperating | 583 | |||
| Other nonoperating income (expense) | 266 | 302 | ||
| Interest and debt expense | (1,500) | (3) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (12,995) | (1,455) | ||
| Other undisclosed income from continuing operations before income taxes | 1,500 | 3 | ||
| Income (loss) from continuing operations before income taxes: | (11,495) | (1,452) | ||
| Income tax expense (benefit) | 2,401 | 2,446 | ||
| Net income (loss): | (9,094) | 994 | ||
| Net income (loss) attributable to noncontrolling interest | 8 | (46) | ||
| Net income (loss) available to common stockholders, diluted: | (9,086) | 948 | ||
Comprehensive Income ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | ||
|---|---|---|---|---|
| Net income (loss): | (9,094) | 994 | ||
| Other comprehensive income (loss) | 53 | (41) | ||
| Other undisclosed comprehensive loss | ||||
| Comprehensive income (loss): | (9,042) | 954 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 8 | (46) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (9,033) | 907 | ||
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.