Touchpoint Group Holdings Inc. (TGHI) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
4300 BISCAYNE BLVD., SUITE 203 MIAMI, FL 33137 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3661 - Telephone and Telegraph Apparatus (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2022 MRQ | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 147 | 118 | 258 | 453 | 763 | 260 | |||
| Cash and cash equivalents | 147 | 118 | 258 | 353 | 763 | 260 | |||
| Short-term investments | 100 | ||||||||
| Receivables | 31 | 124 | 80 | 325 | 102 | 1,208 | |||
| Prepaid expense | 367 | 550 | 550 | 550 | |||||
| Deferred costs | 87 | ||||||||
| Disposal group, including discontinued operation | 1 | 1 | 29 | 129 | |||||
| Other current assets | 531 | 160 | 88 | 386 | 578 | 472 | |||
| Other undisclosed current assets | 66 | 210 | 2,092 | ||||||
| Total current assets: | 1,077 | 1,019 | 1,215 | 4,022 | 1,443 | 1,940 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 3 | 3 | 2 | 42 | |||||
| Long-term investments and receivables, including: | 250 | 17 | |||||||
| Long-term investments | 17 | ||||||||
| Other undisclosed long-term investments and receivables | 250 | ||||||||
| Intangible assets, net (including goodwill) | 510 | 1,349 | 2,411 | 5,397 | 5,340 | 8,407 | |||
| Goodwill | 419 | 419 | 419 | 2,213 | |||||
| Intangible assets, net (excluding goodwill) | 91 | 930 | 1,992 | 3,184 | 5,340 | 8,407 | |||
| Prepaid expense | 367 | 917 | 1,467 | 2,017 | |||||
| Disposal group, including discontinued operation, noncurrent assets | 5 | 5 | 34 | 36 | |||||
| Other noncurrent assets | 354 | ||||||||
| Total noncurrent assets: | 869 | 1,724 | 3,612 | 6,903 | 7,359 | 8,466 | |||
| TOTAL ASSETS: | 1,946 | 2,743 | 4,827 | 10,925 | 8,802 | 10,406 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,150 | 696 | 1,137 | 671 | 473 | 816 | |||
| Taxes payable | ✕ | 90 | |||||||
| Employee-related liabilities | ✕ | 277 | 55 | 531 | 181 | 251 | 156 | ||
| Accounts payable | 339 | 314 | 387 | 334 | 167 | 364 | |||
| Accrued liabilities | 534 | 327 | 219 | 156 | 55 | 206 | |||
| Debt | 1,000 | 1,000 | 1,000 | 1,000 | 45 | 3,068 | |||
| Disposal group, including discontinued operation | 11 | 11 | 428 | 301 | |||||
| Due to related parties | 81 | 34 | 290 | 306 | 32 | ||||
| Other undisclosed current liabilities | 1,590 | 794 | 177 | ||||||
| Total current liabilities: | 3,832 | 2,535 | 2,855 | 2,455 | 550 | 3,884 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 1,000 | 2,515 | |||||||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | 172 | ||||
| Due to related parties | 1,000 | 2,343 | |||||||
| Other undisclosed noncurrent liabilities | 62 | ||||||||
| Total noncurrent liabilities: | 1,000 | 2,577 | |||||||
| Total liabilities: | 3,832 | 2,535 | 2,855 | 2,455 | 1,550 | 6,461 | |||
| Temporary equity, carrying amount | 605 | 605 | 605 | 605 | 62 | ||||
| Equity | |||||||||
| Equity, attributable to parent | (3,461) | (1,367) | 365 | 6,294 | 7,252 | 3,945 | |||
| Preferred stock | 1 | ||||||||
| Common stock | 32 | 13 | 2 | 8 | 3 | 4 | |||
| Additional paid in capital | 66,633 | 63,551 | 61,749 | 62,600 | 48,356 | 37,501 | |||
| Accumulated other comprehensive income (loss) | (24) | (24) | (24) | (35) | (22) | 29 | |||
| Accumulated deficit | (70,102) | (64,907) | (61,362) | (54,854) | (41,085) | (33,590) | |||
| Stockholders' equity note, subscriptions receivable | (1,425) | ||||||||
| Equity, attributable to noncontrolling interest | 970 | 970 | 1,002 | 1,571 | |||||
| Total equity: | (2,491) | (397) | 1,367 | 7,865 | 7,252 | 3,945 | |||
| Other undisclosed liabilities and equity | (62) | ||||||||
| TOTAL LIABILITIES AND EQUITY: | 1,946 | 2,743 | 4,827 | 10,925 | 8,802 | 10,406 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 91 | 379 | 40 | 787 | 714 | 1,615 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 714 | 1,615 | |
| Net investment income | (285) | |||||||
| Other income | 379 | 553 | 930 | |||||
| Cost of revenue | (559) | (555) | (557) | (2,239) | (855) | (2,108) | ||
| Cost of goods and services sold | (855) | (2,108) | ||||||
| Other undisclosed gross profit | (205) | 130 | ||||||
| Gross profit: | (468) | (381) | (387) | (1,452) | (141) | (493) | ||
| Operating expenses | (3,500) | (2,819) | (3,322) | (12,775) | (4,253) | (4,386) | ||
| Operating loss: | (3,968) | (3,200) | (3,709) | (14,227) | (4,394) | (4,879) | ||
| Nonoperating income (expense) | (1,227) | (345) | 411 | 556 | (665) | (703) | ||
| Interest and debt expense | (940) | (232) | (87) | (428) | (666) | (712) | ||
| Loss from continuing operations before equity method investments, income taxes: | (6,135) | (3,777) | (3,385) | (14,099) | (5,725) | (6,294) | ||
| Other undisclosed income from continuing operations before income taxes | 428 | 666 | 712 | |||||
| Loss from continuing operations before income taxes: | (6,135) | (3,777) | (3,385) | (13,671) | (5,059) | (5,582) | ||
| Income tax benefit | 43 | |||||||
| Other undisclosed income from continuing operations | 940 | 232 | 87 | |||||
| Loss from continuing operations: | (5,195) | (3,545) | (3,298) | (13,671) | (5,059) | (5,539) | ||
| Loss before gain (loss) on sale of properties: | ✕ | (5,195) | (3,545) | (6,628) | (14,579) | (7,434) | (5,539) | |
| Loss from discontinued operations | (3,330) | (908) | (2,375) | |||||
| Net loss: | (5,195) | (3,545) | (6,628) | (14,579) | (7,434) | (5,539) | ||
| Net income attributable to noncontrolling interest | 120 | 810 | ||||||
| Other undisclosed net income (loss) attributable to parent | 114 | (120) | (810) | |||||
| Net loss attributable to parent: | (5,081) | (3,545) | (6,628) | (14,579) | (7,434) | (5,539) | ||
| Preferred stock dividends and other adjustments | (50) | |||||||
| Other undisclosed net income (loss) available to common stockholders, basic | (114) | 120 | 810 | |||||
| Net loss available to common stockholders, diluted: | (5,195) | (3,545) | (6,508) | (13,769) | (7,434) | (5,589) | ||
Comprehensive Income ($ in thousands)
| 9/30/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (5,195) | (3,545) | (6,628) | (14,579) | (7,434) | (5,539) | ||
| Other undisclosed comprehensive income (loss) | 131 | 797 | (51) | 65 | ||||
| Comprehensive loss: | (5,195) | (3,545) | (6,497) | (13,782) | (7,485) | (5,474) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 120 | 810 | ||||||
| Comprehensive loss, net of tax, attributable to parent: | (5,195) | (3,545) | (6,377) | (12,972) | (7,485) | (5,474) | ||
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.