Spine Injury Solutions, Inc. (SPIN) financial statements (2020 and earlier)

Company profile

Business Address 5151 MITCHELLDALE
HOUSTON, TX 77092
State of Incorp. DE
Fiscal Year End December 31
SIC 806 - Hospitals (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1115778256174358688
Cash and cash equivalents1115778256174358688
Receivables4801,0401,0781,3951,3011,2882,664
Inventory, net of allowances, customer advances and progress billings 11620118475 
Inventory 11620118475  
Prepaid expense121199159337116
Other current assets     15 
Other undisclosed current assets 3     
Total current assets:6031,2271,3661,8451,7091,9993,468
Noncurrent Assets
Property, plant and equipment2577435979  
Long-term investments and receivables5321,9232,4062,2973,4003,8653,643
Accounts and financing receivable, after allowance for credit loss5321,9232,4062,2973,4003,8653,643
Intangible assets, net (including goodwill), including: 170170170170179197
Goodwill 170170170170170 
Other undisclosed intangible assets, net (including goodwill)     9197
Other noncurrent assets     4416
Total noncurrent assets:5572,1712,6192,5263,6494,0883,856
TOTAL ASSETS:1,1603,3973,9854,3715,3596,0877,323
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:4176798310013076
Other undisclosed accounts payable and accrued liabilities4176798310013076
Debt1,07090225300500350500
Due to related parties 528 29 164
Other undisclosed current liabilities 1,5651,3251,275   
Total current liabilities:1,1111,7361,6571,658630480741
Noncurrent Liabilities
Long-term debt and lease obligation    50550996
Long-term debt, excluding current maturities    50550996
Liabilities, other than long-term debt     352 
Due to related parties     352 
Other undisclosed noncurrent liabilities    1,145148 
Total noncurrent liabilities:    1,1951,050996
Total liabilities:1,1111,7361,6571,6581,8251,5301,736
Stockholders' equity
Stockholders' equity attributable to parent491,6622,3282,7133,5344,5575,587
Common stock20202020201919
Additional paid in capital19,87019,87019,86519,84419,90919,87519,213
Accumulated deficit(19,841)(18,228)(17,557)(17,151)(16,395)(15,337)(13,644)
Total stockholders' equity:491,6622,3282,7133,5344,5575,587
TOTAL LIABILITIES AND EQUITY:1,1603,3973,9854,3715,3596,0877,323

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues2091,8361,8562,1172,1922,0473,300
Revenue, net1,8562,1172,1922,0473,300
Cost of revenue(115)(657)(572)(689)(850)(981)(2,040)
Cost of goods and services sold(116)(657)(572)(689)(850)(981)(2,040)
Provision for loan, lease, and other losses(71) 
Other undisclosed gross profit      719
Gross profit:941,1791,2841,4281,3421,0661,980
Operating expenses(1,644)(1,793)(1,625)(2,087)(2,086)(2,494)(2,270)
Other undisclosed operating loss  (16)(46)(262)  
Operating loss:(1,550)(614)(357)(705)(1,005)(1,427)(291)
Nonoperating expense(63)(58)(49)(51)(52)(265)(335)
Other nonoperating income2867102326
Interest and debt expense(65)(66)(56)(58)(63)(288)(361)
Net loss:(1,678)(738)(462)(814)(1,120)(1,981)(987)
Other undisclosed net income attributable to parent6566565863288361
Net loss available to common stockholders, diluted:(1,613)(672)(406)(756)(1,058)(1,693)(626)

Comprehensive Income ($ in thousands)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net loss:(1,678)(738)(462)(814)(1,120)(1,981)(987)
Comprehensive loss, net of tax, attributable to parent:(1,678)(738)(462)(814)(1,120)(1,981)(987)

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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