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)

9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
6/30/2013
Q2
3/31/2013
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments7229855,4307,5215,8971,7352,162
Cash and cash equivalents7229852,3893,9865,8971,7352,162
Short-term investments  3,0413,535   
Receivables1,6971,3691,7671,4141,3631,4531,500
Inventory, net of allowances, customer advances and progress billings4,9174,1693,9033,8164,6564,9665,162
Inventory4,9174,1693,9033,8164,6564,9665,162
Deferred costs305271368499292131
Disposal group, including discontinued operation      718
Deposits current assets247384  11587100
Prepaid expense and other current assets478425
Other undisclosed current assets6941,1731,1651,096991  
Total current assets:8,5828,10712,40114,69613,1148,81110,198
Noncurrent Assets
Property, plant and equipment7808339039419591,0391,144
Long-term investments and receivables    3,2253,2113,322
Long-term investments    3,2253,2113,322
Intangible assets, net (including goodwill)221250271282247251248
Intangible assets, net (excluding goodwill)221250271282247251248
Other noncurrent assets371400421432397  
Other undisclosed noncurrent assets(221)(250)(271)(282)(247)150154
Total noncurrent assets:1,1511,2331,3241,3734,5814,6514,868
TOTAL ASSETS:9,7339,34013,72516,06917,69513,46215,066
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities7,2126,0255,1605,3484,9924,4054,104
Accounts payable5,0954,0133,0332,3231,7121,9551,752
Accrued liabilities2,1172,0122,1272,3363,2802,4502,352
Employee-related liabilities   689   
Debt779772767761756603603
Deferred compensation liability  3,0413,535   
Disposal group, including discontinued operation  21212121171
Deferred revenue and credits2,3011,8511,5251,4331,0461,175937
Other undisclosed current liabilities 1479(106)581  
Total current liabilities:10,2928,64910,99310,9927,3966,2045,815
Noncurrent Liabilities
Long-term debt and lease obligation4,4764,6744,8705,0645,25515
Long-term debt, excluding current maturities4,4764,6744,8705,0645,255  
Capital lease obligations     15
Liabilities, other than long-term debt8378738997263,9563,9474,063
Deferred compensation liability, classified    3,2253,2113,322
Other liabilities837873899726731736741
Total noncurrent liabilities:5,3135,5475,7695,7909,2113,9484,068
Total liabilities:15,60514,19616,76216,78216,60710,1529,883
Stockholders' equity
Stockholders' equity attributable to parent(6,958)(5,590)(3,411)(669)1,2753,3105,183
Common stock93939393939292
Additional paid in capital23,30623,29823,27523,26723,25523,24423,203
Accumulated other comprehensive income  765393327329461
Accumulated deficit(30,357)(28,981)(27,544)(24,422)(22,400)(20,355)(18,573)
Stockholders' equity attributable to noncontrolling interest   (44)   
Other undisclosed stockholders' equity1,086734374 (187)  
Total stockholders' equity:(5,872)(4,856)(3,037)(713)1,0883,3105,183
TOTAL LIABILITIES AND EQUITY:9,7339,34013,72516,06917,69513,46215,066

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

9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
6/30/2013
Q2
3/31/2013
Q1
Revenues
(Revenue, Net)
3,7413,8454,0863,6154,1543,5743,238
Cost of revenue
(Cost of Goods and Services Sold)
(2,420)(3,133)(3,597)(3,032)(2,969)(3,061)(3,013)
Gross profit:1,3217124895831,185513225
Operating expenses(2,202)(1,715)(3,118)(2,378)(3,396)(2,281)(2,827)
Operating loss:(881)(1,003)(2,629)(1,795)(2,211)(1,768)(2,602)
Nonoperating expense(63)(74)(75)(89)(20)(15)(32)
Foreign currency transaction gain (loss), before tax2(2)   (1)(8)
Other nonoperating expense(65)(72)(75)(89)(20)(14)(24)
Interest and debt expense(67)(70)(75)(89)(20)(13)(16)
Loss from continuing operations before equity method investments, income taxes:(1,011)(1,147)(2,779)(1,973)(2,251)(1,796)(2,650)
Other undisclosed income from continuing operations before income taxes65727589201424
Loss from continuing operations before income taxes:(946)(1,075)(2,704)(1,884)(2,231)(1,782)(2,626)
Income tax expense (benefit) (2) 5(1)  
Other undisclosed loss from continuing operations      (2)
Net loss:(946)(1,077)(2,704)(1,879)(2,232)(1,782)(2,628)
Net loss attributable to noncontrolling interest(430)(360)(418)(143)   
Other undisclosed net income attributable to parent    187  
Net loss available to common stockholders, diluted:(1,376)(1,437)(3,122)(2,022)(2,045)(1,782)(2,628)

Comprehensive Income ($ in thousands)

9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
6/30/2013
Q2
3/31/2013
Q1
Net loss:(946)(1,077)(2,704)(1,879)(2,232)(1,782)(2,628)
Other undisclosed comprehensive income (loss) (765)37266(2)  
Comprehensive loss:(946)(1,842)(2,332)(1,813)(2,234)(1,782)(2,628)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest430360418143(187)  
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(860)(720)(836)(286)374(132)239
Comprehensive loss, net of tax, attributable to parent:(1,376)(2,202)(2,750)(1,956)(2,047)(1,914)(2,389)

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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