Spine Injury Solutions, Inc. (SPIN) financial statements (2021 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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments421115778256174358
Cash and cash equivalents421115778256174358
Receivables2324801,0401,0781,3951,3011,288
Inventory, net of allowances, customer advances and progress billings  11620118475 
Inventory  11620118475 
Prepaid expense 121199159337
Other current assets      15
Other undisclosed current assets  3    
Total current assets:2746031,2271,3661,8451,7091,999
Noncurrent Assets
Property, plant and equipment112577435979 
Long-term investments and receivables(585)5321,9232,4062,2973,4003,865
Accounts and financing receivable, after allowance for credit loss(585)5321,9232,4062,2973,4003,865
Intangible assets, net (including goodwill), including:  170170170170179
Goodwill  170170170170170
Other undisclosed intangible assets, net (including goodwill)      9
Other noncurrent assets      44
Other undisclosed noncurrent assets585      
Total noncurrent assets:115572,1712,6192,5263,6494,088
TOTAL ASSETS:2851,1603,3973,9854,3715,3596,087
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:4341767983100130
Other undisclosed accounts payable and accrued liabilities4341767983100130
Debt4901,07090225300500350
Due to related parties  528 29 
Other undisclosed current liabilities  1,5651,3251,275  
Total current liabilities:5331,1111,7361,6571,658630480
Noncurrent Liabilities
Long-term debt and lease obligation     50550
Long-term debt, excluding current maturities     50550
Liabilities, other than long-term debt      352
Due to related parties      352
Other undisclosed noncurrent liabilities     1,145148
Total noncurrent liabilities:     1,1951,050
Total liabilities:5331,1111,7361,6571,6581,8251,530
Stockholders' equity
Stockholders' equity attributable to parent(248)491,6622,3282,7133,5344,557
Common stock20202020202019
Additional paid in capital19,87019,87019,87019,86519,84419,90919,875
Accumulated deficit(20,138)(19,841)(18,228)(17,557)(17,151)(16,395)(15,337)
Total stockholders' equity:(248)491,6622,3282,7133,5344,557
TOTAL LIABILITIES AND EQUITY:2851,1603,3973,9854,3715,3596,087

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues1722091,8361,8562,1172,1922,047
Revenue, net1,8562,1172,1922,047
Operating lease, lease income66 
Cost of revenue (115)(657)(572)(689)(850)(981)
Cost of goods and services sold (116)(657)(572)(689)(850)(981)
Provision for loan, lease, and other losses (71) 
Gross profit:172941,1791,2841,4281,3421,066
Operating expenses(507)(1,644)(1,793)(1,625)(2,087)(2,086)(2,494)
Other undisclosed operating loss   (16)(46)(262) 
Operating loss:(335)(1,550)(614)(357)(705)(1,005)(1,427)
Nonoperating income (expense)38(63)(58)(49)(51)(52)(265)
Other nonoperating income128671023
Interest and debt expense64(65)(66)(56)(58)(63)(288)
Net loss:(233)(1,678)(738)(462)(814)(1,120)(1,981)
Other undisclosed net income (loss) attributable to parent(64)6566565863288
Net loss available to common stockholders, diluted:(297)(1,613)(672)(406)(756)(1,058)(1,693)

Comprehensive Income ($ in thousands)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net loss:(233)(1,678)(738)(462)(814)(1,120)(1,981)
Comprehensive loss, net of tax, attributable to parent:(233)(1,678)(738)(462)(814)(1,120)(1,981)

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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