Spire Corp (SPIR) financial statements (2021 and earlier)
Company profile
| Business Address |
ONE PATRIOTS PARK BEDFORD, MA 01730-2396 |
| State of Incorp. | MA |
| Fiscal Year End | December 31 |
| SIC | 3674 - Semiconductors and Related Devices (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 7,521 | 3,030 | ||
| Cash and cash equivalents | 3,986 | 3,030 | ||
| Short-term investments | 3,535 | |||
| Receivables | 1,414 | 2,137 | ||
| Inventory, net of allowances, customer advances and progress billings | 3,816 | 5,316 | ||
| Inventory | 3,816 | 5,316 | ||
| Deferred costs | 849 | 185 | ||
| Disposal group, including discontinued operation | 718 | |||
| Deposits current assets | 69 | |||
| Prepaid expense and other current assets | ✕ | 617 | ||
| Other undisclosed current assets | 1,096 | |||
| Total current assets: | 14,696 | 12,072 | ||
| Noncurrent Assets | ||||
| Property, plant and equipment | 941 | 1,197 | ||
| Long-term investments and receivables | 2,963 | |||
| Long-term investments | 2,963 | |||
| Intangible assets, net (including goodwill) | 282 | 239 | ||
| Intangible assets, net (excluding goodwill) | 282 | 239 | ||
| Other noncurrent assets | 432 | ✕ | ||
| Other undisclosed noncurrent assets | (282) | 154 | ||
| Total noncurrent assets: | 1,373 | 4,553 | ||
| TOTAL ASSETS: | 16,069 | 16,625 | ||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities | 5,348 | 4,252 | ||
| Accounts payable | 2,323 | 1,424 | ||
| Accrued liabilities | 2,336 | 2,221 | ||
| Employee-related liabilities | 689 | 607 | ||
| Debt | 761 | 603 | ||
| Deferred compensation liability | 3,535 | |||
| Disposal group, including discontinued operation | 21 | 171 | ||
| Deferred revenue and credits | 1,433 | 1,037 | ||
| Other undisclosed current liabilities | (106) | (607) | ||
| Total current liabilities: | 10,992 | 5,456 | ||
| Noncurrent Liabilities | ||||
| Long-term debt and lease obligation | 5,064 | 8 | ||
| Long-term debt, excluding current maturities | 5,064 | |||
| Capital lease obligations | 8 | |||
| Liabilities, other than long-term debt | 726 | 3,709 | ||
| Deferred compensation liability, classified | 2,963 | |||
| Other liabilities | 726 | 746 | ||
| Total noncurrent liabilities: | 5,790 | 3,717 | ||
| Total liabilities: | 16,782 | 9,173 | ||
| Stockholders' equity | ||||
| Stockholders' equity attributable to parent | (669) | 7,452 | ||
| Common stock | 93 | 91 | ||
| Additional paid in capital | 23,267 | 23,084 | ||
| Accumulated other comprehensive income | 393 | 222 | ||
| Accumulated deficit | (24,422) | (15,945) | ||
| Stockholders' equity attributable to noncontrolling interest | (44) | |||
| Total stockholders' equity: | (713) | 7,452 | ||
| TOTAL LIABILITIES AND EQUITY: | 16,069 | 16,625 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|
| Revenues (Revenue, Net) | 14,581 | 22,110 | |
| Cost of revenue (Cost of Goods and Services Sold) | (12,075) | (16,839) | |
| Gross profit: | 2,506 | 5,271 | |
| Operating expenses | (10,882) | (11,909) | |
| Other undisclosed operating income | 35 | ||
| Operating loss: | (8,376) | (6,603) | |
| Nonoperating expense | (156) | (99) | |
| Gain on contract termination | 35 | ||
| Other nonoperating expense | (147) | (127) | |
| Interest and debt expense | (138) | (120) | |
| Loss from continuing operations before equity method investments, income taxes: | (8,670) | (6,822) | |
| Other undisclosed income from continuing operations before income taxes | 147 | 92 | |
| Loss from continuing operations before income taxes: | (8,523) | (6,730) | |
| Income tax benefit | 2 | 1,948 | |
| Other undisclosed income from continuing operations | 3 | ||
| Net loss: | (8,521) | (4,779) | |
| Net income attributable to noncontrolling interest | 44 | ||
| Other undisclosed net income attributable to parent | 2,921 | ||
| Net loss available to common stockholders, diluted: | (8,477) | (1,858) | |
Comprehensive Income ($ in thousands)
| 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|
| Net loss: | (8,521) | (4,779) | |
| Other undisclosed comprehensive income | 171 | ||
| Comprehensive loss: | (8,350) | (4,779) | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (44) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 88 | 2,942 | |
| Comprehensive loss, net of tax, attributable to parent: | (8,306) | (1,837) | |
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.