Sysorex, Inc. (SYSX) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
13880 DULLES CORNER LANE, SUITE 175 HERNDON, VA 20171 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7371 - Computer Programming Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 29 | 659 | 167 | 28 | 6 | |||
| Cash and cash equivalents | 29 | 659 | 167 | 28 | 6 | |||
| Receivables | 4,052 | 3,023 | 2,069 | 321 | ||||
| Prepaid expense | 23 | 5 | ||||||
| Asset, held-for-sale, not part of disposal group | 4,663 | 6,071 | ||||||
| Other undisclosed current assets | 2,035 | 6,604 | 2,568 | 5 | 69 | |||
| Total current assets: | 10,779 | 16,357 | 2,735 | 2,125 | 401 | |||
| Noncurrent Assets | ||||||||
| Operating lease, right-of-use asset | 409 | 558 | 99 | ✕ | ||||
| Property, plant and equipment | 4,077 | 10 | 27 | |||||
| Intangible assets, net (including goodwill) | 1,979 | 4,187 | 600 | 913 | 2,572 | |||
| Goodwill | 1,634 | |||||||
| Intangible assets, net (excluding goodwill) | 1,979 | 2,553 | 600 | 913 | 2,572 | |||
| Other noncurrent assets | 73 | 103 | 29 | 29 | 35 | |||
| Total noncurrent assets: | 2,461 | 8,925 | 728 | 952 | 2,634 | |||
| TOTAL ASSETS: | 13,240 | 25,282 | 3,463 | 3,077 | 3,035 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 8,686 | 6,724 | 9,838 | 10,738 | 14,579 | |||
| Accounts payable | 4,236 | 6,724 | 8,541 | 10,271 | 13,976 | |||
| Accrued liabilities | 4,450 | 1,297 | 467 | 603 | ||||
| Deferred revenue | 931 | 932 | ✕ | |||||
| Debt | 19,439 | 1,515 | 826 | 596 | ||||
| Derivative instruments and hedges, liabilities | 273 | 8,355 | ||||||
| Other undisclosed current liabilities | 18,960 | 2,431 | 503 | 35 | 182 | |||
| Total current liabilities: | 28,850 | 37,881 | 11,856 | 11,599 | 15,357 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 5,390 | |||||||
| Long-term debt, excluding current maturities | 5,390 | |||||||
| Liabilities, other than long-term debt | 271 | 9,730 | 11,527 | 2,278 | ||||
| Due to related parties | 9,726 | 11,517 | 2,204 | |||||
| Other liabilities | 4 | 10 | 74 | |||||
| Operating lease, liability | 271 | ✕ | ||||||
| Other undisclosed noncurrent liabilities | 509 | 62 | ||||||
| Total noncurrent liabilities: | 271 | 509 | 15,120 | 11,527 | 2,340 | |||
| Total liabilities: | 29,121 | 38,390 | 26,976 | 23,126 | 17,697 | |||
| Equity | ||||||||
| Equity, attributable to parent | (15,881) | (13,108) | (23,513) | (20,049) | (14,662) | |||
| Common stock | 24 | 1 | 4 | |||||
| Treasury stock, value | (1) | |||||||
| Additional paid in capital | 45,553 | 36,156 | (11,511) | (11,511) | (11,542) | |||
| Accumulated deficit | (61,458) | (49,265) | (12,002) | (8,538) | (3,123) | |||
| Total equity: | (15,881) | (13,108) | (23,513) | (20,049) | (14,662) | |||
| TOTAL LIABILITIES AND EQUITY: | 13,240 | 25,282 | 3,463 | 3,077 | 3,035 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 17,313 | 12,666 | 11,526 | 5,275 | 4,469 | ||
| Net investment income | 19,300 | ||||||
| Other income | 4,394 | ||||||
| Cost of revenue | (2,700) | (12,500) | (9,178) | (4,156) | (2,221) | ||
| Cost of goods and services sold | (2,700) | (6,720) | (3,172) | (1,070) | |||
| Other cost of operating revenue | (12,500) | ||||||
| Other undisclosed gross profit | |||||||
| Gross profit: | 14,613 | 166 | 2,348 | 1,119 | 2,248 | ||
| Operating expenses | (24,583) | (25,205) | (4,110) | (5,426) | (9,304) | ||
| Other undisclosed operating income | 2,700 | 12,500 | |||||
| Operating loss: | (7,270) | (12,539) | (1,762) | (4,307) | (7,056) | ||
| Nonoperating income (expense) | (1,339) | (41,827) | (1,702) | (1,108) | (845) | ||
| Investment income, nonoperating | 5,236 | ||||||
| Interest and debt expense | (210) | 145 | (702) | ||||
| Loss from continuing operations before equity method investments, income taxes: | (8,819) | (54,221) | (4,166) | (5,415) | (7,901) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 210 | (145) | |||||
| Loss from continuing operations before income taxes: | (8,609) | (54,366) | (4,166) | (5,415) | (7,901) | ||
| Income tax expense (benefit) | (47) | 807 | 42 | ||||
| Other undisclosed loss from continuing operations | |||||||
| Loss from continuing operations: | (8,656) | (53,559) | (4,124) | (5,415) | (7,901) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | (102,689) | (4,124) | (5,415) | (7,901) | ||
| Loss from discontinued operations | (3,537) | (49,130) | |||||
| Other undisclosed net income | 3,537 | 48,323 | 660 | ||||
| Net loss: | (8,656) | (54,366) | (3,464) | (5,415) | (7,901) | ||
| Other undisclosed net income (loss) attributable to parent | (3,537) | 5,236 | |||||
| Net loss available to common stockholders, diluted: | (12,193) | (49,130) | (3,464) | (5,415) | (7,901) | ||
Comprehensive Income ($ in thousands)
| 6/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|
| Net loss: | (8,656) | (54,366) | (3,464) | (5,415) | (7,901) | ||
| Comprehensive loss, net of tax, attributable to parent: | (8,656) | (54,366) | (3,464) | (5,415) | (7,901) | ||
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.