TiVo Corporation (TIVO) financial statements (2021 and earlier)
Company profile
| Business Address |
2160 GOLD STREET SAN JOSE, CA 95002 |
| State of Incorp. | CA |
| Fiscal Year End | December 31 |
| SIC | 6794 - Patent Owners and Lessors (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 425 | 321 | 270 | 310 | ||
| Cash and cash equivalents | 374 | 162 | 129 | 193 | ||
| Short-term investments | 51 | 159 | 141 | 117 | ||
| Receivables | 158 | 153 | 181 | 147 | ||
| Inventory, net of allowances, customer advances and progress billings | 3 | 7 | 12 | 13 | ||
| Inventory | 3 | 7 | 12 | 13 | ||
| Other current assets | 41 | 37 | ||||
| Other undisclosed current assets | 27 | 31 | ||||
| Total current assets: | 613 | 512 | 503 | 507 | ||
| Noncurrent Assets | ||||||
| Operating lease, right-of-use asset | 60 | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 48 | 54 | 55 | 48 | ||
| Long-term investments and receivables | 73 | 83 | 129 | |||
| Long-term investments | 73 | 83 | 129 | |||
| Intangible assets, net (including goodwill) | 1,605 | 2,058 | 2,457 | 2,619 | ||
| Goodwill | 1,190 | 1,544 | 1,813 | 1,812 | ||
| Intangible assets, net (excluding goodwill) | 415 | 514 | 644 | 807 | ||
| Other noncurrent assets | 56 | 63 | 66 | 17 | ||
| Total noncurrent assets: | 1,769 | 2,248 | 2,661 | 2,813 | ||
| TOTAL ASSETS: | 2,383 | 2,760 | 3,164 | 3,321 | ||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities, including: | 126 | 105 | 136 | 226 | ||
| Accounts payable | 12 | 2 | 11 | 29 | ||
| Accrued liabilities | 70 | 56 | 77 | 64 | ||
| Employee-related liabilities | 44 | 46 | 48 | 55 | ||
| Other undisclosed accounts payable and accrued liabilities | 79 | |||||
| Deferred revenue | 51 | ✕ | ✕ | ✕ | ||
| Debt | 343 | 373 | 7 | 7 | ||
| Deferred revenue and credits | ✕ | ✕ | 55 | 49 | ||
| Other undisclosed current liabilities | 46 | |||||
| Total current liabilities: | 520 | 524 | 198 | 283 | ||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 704 | 619 | 976 | 968 | ||
| Long-term debt, excluding current maturities | 643 | 619 | 976 | 968 | ||
| Operating lease, liability | 62 | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 85 | 25 | 86 | 161 | ||
| Deferred revenue and credits | ✕ | ✕ | 58 | 44 | ||
| Accounts payable and accrued liabilities | 5 | 4 | 5 | |||
| Deferred revenue | 40 | ✕ | ✕ | ✕ | ||
| Deferred tax liabilities, net | ✕ | 77 | ||||
| Deferred income tax liabilities | 34 | ✕ | ✕ | ✕ | ||
| Other liabilities | 10 | 19 | 24 | 35 | ||
| Other undisclosed noncurrent liabilities | 100 | 50 | ||||
| Total noncurrent liabilities: | 789 | 743 | 1,112 | 1,129 | ||
| Total liabilities: | 1,309 | 1,267 | 1,311 | 1,411 | ||
| Stockholders' equity | ||||||
| Stockholders' equity attributable to parent | 1,074 | 1,493 | 1,853 | 1,910 | ||
| Common stock | 0 | 0 | 0 | 0 | ||
| Treasury stock, value | (38) | (32) | (25) | (10) | ||
| Additional paid in capital | 3,236 | 3,239 | 3,273 | 3,281 | ||
| Accumulated other comprehensive loss | (4) | (4) | (3) | (7) | ||
| Accumulated deficit | (2,121) | (1,711) | (1,393) | (1,355) | ||
| Total stockholders' equity: | 1,074 | 1,493 | 1,853 | 1,910 | ||
| TOTAL LIABILITIES AND EQUITY: | 2,383 | 2,760 | 3,164 | 3,321 | ||
Income statement (P&L) ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|
| Revenues | 668 | 696 | 826 | 649 | |
| Revenue, net | ✕ | ✕ | 826 | 649 | |
| Cost of revenue | (550) | (479) | (224) | (178) | |
| Gross profit: | 118 | 217 | 602 | 471 | |
| Operating expenses | (461) | (516) | (597) | (450) | |
| Operating income (loss): | (343) | (299) | 5 | 21 | |
| Nonoperating income (expense) | 4 | 9 | 5 | (2) | |
| Investment income, nonoperating | (5) | 3 | 2 | (2) | |
| Other nonoperating income (expense) | 9 | 6 | 3 | (0) | |
| Interest and debt expense | (52) | (49) | (44) | (44) | |
| Loss from continuing operations before equity method investments, income taxes: | (391) | (339) | (34) | (24) | |
| Loss from equity method investments | (0) | ||||
| Other undisclosed loss from continuing operations before income taxes | (14) | ||||
| Loss from continuing operations before income taxes: | (391) | (339) | (48) | (24) | |
| Income tax expense (benefit) | (14) | (14) | 10 | 62 | |
| Income (loss) from continuing operations: | (405) | (353) | (38) | 37 | |
| Loss from discontinued operations | (5) | ||||
| Net income (loss): | (405) | (353) | (38) | 33 | |
| Other undisclosed net income (loss) attributable to parent | (5) | 4 | |||
| Net income (loss) available to common stockholders, diluted: | (410) | (349) | (38) | 33 | |
Comprehensive Income ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|
| Net income (loss): | (405) | (353) | (38) | 33 | |
| Comprehensive income (loss): | (405) | (353) | (38) | 33 | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (5) | 3 | 4 | (1) | |
| Comprehensive income (loss), net of tax, attributable to parent: | (410) | (350) | (34) | 32 | |
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.