PARETEUM Corp (TEUM) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1185 AVENUE OF THE AMERICAS NEW YORK, NY 10036 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7373 - Computer Integrated Systems Design (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 8,275 | 3,410 | 3,336 | 3,660 | 5,247 | ||||
| Cash and cash equivalents | 8,275 | 3,410 | 3,336 | 3,660 | 5,247 | ||||
| Restricted cash and investments | 6,479 | 7,459 | 10,685 | 961 | 1,105 | ||||
| Receivables | 12,710 | 13,236 | 10,674 | 11,517 | 9,297 | ||||
| Prepaid expense | 1,533 | 855 | 892 | 1,171 | 893 | ||||
| Other current assets | 330 | 324 | 326 | 253 | 706 | ||||
| Other undisclosed current assets | 1,007 | 2,132 | 1,797 | 1,678 | 2,012 | ||||
| Total current assets: | 30,334 | 27,416 | 27,710 | 19,240 | 19,260 | ||||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 1,044 | 1,033 | 984 | 1,007 | 2,721 | ||||
| Property, plant and equipment | 5,090 | 5,193 | 5,898 | 6,067 | 5,414 | ||||
| Intangible assets, net (including goodwill) | 24,041 | 24,119 | 24,246 | 24,672 | 180,557 | ||||
| Goodwill | 11,043 | 10,557 | 10,111 | 9,905 | 133,408 | ||||
| Intangible assets, net (excluding goodwill) | 12,998 | 13,562 | 14,135 | 14,767 | 47,149 | ||||
| Other noncurrent assets | 749 | 709 | 669 | 913 | 927 | ||||
| Total noncurrent assets: | 30,924 | 31,054 | 31,797 | 32,659 | 189,619 | ||||
| TOTAL ASSETS: | 61,258 | 58,470 | 59,507 | 51,899 | 208,879 | ||||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 13,286 | 11,041 | 12,692 | 14,866 | 9,602 | ||||
| Accrued liabilities | 13,286 | 11,041 | 12,692 | 14,866 | 9,602 | ||||
| Debt | 7,639 | 4,388 | 21,139 | 11,185 | 528 | ||||
| Derivative instruments and hedges, liabilities | 6,163 | 725 | 831 | ||||||
| Other liabilities | 4,690 | ||||||||
| Due to related parties | 337 | 271 | |||||||
| Other undisclosed current liabilities | 40,142 | 37,210 | 29,976 | 32,900 | 30,041 | ||||
| Total current liabilities: | 67,567 | 58,325 | 64,638 | 58,951 | 40,171 | ||||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 601 | 7,135 | 6,118 | 473 | 878 | ||||
| Long-term debt, excluding current maturities | 6,568 | 5,622 | 45 | ||||||
| Finance lease, liability | 34 | 45 | 58 | 70 | 93 | ||||
| Liabilities, other than long-term debt | 8,729 | 8,364 | 413 | 7,997 | |||||
| Deferred income tax liabilities | 8,641 | 7,944 | 7,574 | ||||||
| Due to related parties | 88 | 420 | 413 | 423 | |||||
| Operating lease, liability | 567 | 522 | 438 | 403 | 740 | ||||
| Other undisclosed noncurrent liabilities | 8,025 | 10,919 | 1,372 | ||||||
| Total noncurrent liabilities: | 8,626 | 26,783 | 15,854 | 886 | 8,875 | ||||
| Total liabilities: | 76,760 | 85,108 | 80,492 | 59,837 | 49,046 | ||||
| Temporary equity, carrying amount | 24,899 | 20,167 | |||||||
| Equity | |||||||||
| Equity, attributable to parent | (40,401) | (46,805) | (20,985) | (7,938) | 159,833 | ||||
| Common stock | 552,852 | 552,157 | 551,543 | 550,996 | 546,243 | ||||
| Accumulated other comprehensive loss | (8,660) | (9,175) | (9,748) | (10,017) | (13,521) | ||||
| Accumulated deficit | (584,593) | (589,787) | (562,780) | (548,917) | (372,889) | ||||
| Total equity: | (40,401) | (46,805) | (20,985) | (7,938) | 159,833 | ||||
| TOTAL LIABILITIES AND EQUITY: | 61,258 | 58,470 | 59,507 | 51,899 | 208,879 | ||||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 16,946 | 16,531 | 16,105 | 20,055 | 16,083 | |||
| Cost of revenue | (21,488) | (11,472) | (11,883) | (14,445) | (12,334) | |||
| Cost of goods and services sold | (11,472) | (11,883) | (14,445) | (12,334) | ||||
| Gross profit: | (4,542) | 5,059 | 4,222 | 5,610 | 3,749 | |||
| Operating expenses | (3,518) | (14,508) | (14,119) | (14,606) | (17,025) | |||
| Operating loss: | (8,060) | (9,449) | (9,897) | (8,996) | (13,276) | |||
| Nonoperating income (expense) | 13,692 | (17,528) | (3,951) | (525) | (12,237) | |||
| Gain (loss), foreign currency transaction, before tax | 573 | 269 | (5,487) | |||||
| Interest and debt expense | (7,599) | (5) | 469 | |||||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 7,130 | |||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 5,163 | (26,977) | (13,853) | (9,052) | (25,513) | |||
| Other undisclosed income (loss) from continuing operations before income taxes | 469 | 5 | (469) | |||||
| Income (loss) from continuing operations before income taxes: | 5,632 | (26,977) | (13,848) | (9,521) | (25,513) | |||
| Income tax expense (benefit) | 1 | (30) | (15) | 97 | 394 | |||
| Income (loss) from continuing operations: | 5,633 | (27,007) | (13,863) | (9,424) | (25,119) | |||
| Income (loss) before gain (loss) on sale of properties: | 5,633 | (27,007) | (13,863) | (9,424) | (25,119) | |||
| Net income (loss) attributable to parent: | 5,633 | (27,007) | (13,863) | (9,424) | (25,119) | |||
| Preferred stock dividends and other adjustments | (985) | (169) | ||||||
| Net income (loss) available to common stockholders, diluted: | 4,648 | (27,176) | (13,863) | (9,424) | (25,119) | |||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 5,633 | (27,007) | (13,863) | (9,424) | (25,119) | |||
| Comprehensive income (loss): | 5,633 | (27,007) | (13,863) | (9,424) | (25,119) | |||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 515 | 573 | 269 | (5,487) | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | 6,148 | (26,434) | (13,594) | (9,424) | (30,606) | |||
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.