TPT GLOBAL TECH, INC. (TPTW) Financial Statements (2024 and earlier)

Company Profile

Business Address 501 W. BROADWAY, SUITE 800
SAN DIEGO, CA 92101
State of Incorp. FL
Fiscal Year End December 31
Industry (SIC) 4899 - Communications Services, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2024
MRQ
12/31/2023
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  885181919232
Cash and cash equivalents  885181919232
Receivables2819410216538049
Other undisclosed current assets337031221804936
Total current assets:60985742364621117
Noncurrent Assets
Operating lease, right-of-use asset   4,2604,7323,886
Property, plant and equipment 51,6492,1464,4233,047
Intangible assets, net (including goodwill)   3,7615,4836,4197,596
Goodwill   1057681,050924
Intangible assets, net (excluding goodwill)   3,6564,7155,3696,672
Deposits noncurrent assets446426511110462
Other undisclosed noncurrent assets      
Total noncurrent assets:44699,93512,47214,83310,705
TOTAL ASSETS:1051,05410,67712,83715,45410,822
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:12,30310,4517,1897,8666,5444,688
Interest and dividends payable1,5471,329793306
Taxes payable643641633629
Accounts payable 5,3424,7883,9653,3433,038
Accrued liabilities5,5574,05821229720733
Other undisclosed accounts payable and accrued liabilities6,7461,050 1,6341,567681
Deferred revenue5976463342306
Debt9,8909,647 15,50212,27810,068
Derivative instruments and hedges, liabilities9,8284,8224,0435,2658,837 
Due to related parties6,436    
Contract with customer, liability339
Other undisclosed current liabilities9,47551021,8113,8612,8871,050
Total current liabilities:41,55331,94333,50632,83630,85116,144
Noncurrent Liabilities
Long-term debt and lease obligation   2,9772,8732,0105
Long-term debt, excluding current maturities      5
Liabilities, other than long-term debt6801,933    
Operating lease, liability6801,9332,9772,8732,010
Other undisclosed noncurrent liabilities  144(2,758)(2,029)1,389599
Total noncurrent liabilities:6802,0773,1953,7173,399604
Total liabilities:42,23434,02036,70136,55334,25016,748
Temporary equity, carrying amount58,25058,2505,0394,794  
Equity
Equity, attributable to parent, including:(99,678)(91,168)(31,132)(28,449)(18,796)(5,926)
Common stock2,4571,257923866178137
Common stock, value, subscriptions    125574168
Additional paid in capital14,70613,96712,86111,46313,28012,568
Accumulated deficit(116,838)(106,419)(44,922)(40,903)(32,831)(18,803)
Other undisclosed equity, attributable to parent(3)276 44
Equity, attributable to noncontrolling interest(701)(47)69(61)  
Total equity:(100,379)(91,215)(31,063)(28,511)(18,796)(5,926)
TOTAL LIABILITIES AND EQUITY:1051,05410,67712,83715,45410,822

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

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues3,2987,83710,03011,09410,212937
Cost of revenue
(Cost of Goods and Services Sold)
(2,336)(6,227)(7,802)(7,193)(5,912)(1,749)
Gross profit:9621,6102,2273,9014,300(812)
Operating expenses(5,344)(15,638)(8,905)(12,105)(6,460)(4,333)
Other undisclosed operating loss      
Operating loss:(4,382)(14,028)(6,678)(8,204)(2,159)(5,145)
Nonoperating income (expense)(6,145)(7,722)2,58285(11,869)(233)
Other nonoperating income (expense)(6,145)(7,722)2,582   
Interest and debt expense6322,248(8,471)1,252(3,581)(233)
Other undisclosed income from continuing operations before equity method investments, income taxes   8,471   
Loss from continuing operations before equity method investments, income taxes:(9,895)(19,502)(4,096)(6,867)(17,609)(5,610)
Other undisclosed income (loss) from continuing operations before income taxes(632)(2,248) (1,252)3,581233
Loss from continuing operations before income taxes:(10,527)(21,750)(4,096)(8,119)(14,028)(5,377)
Income tax benefit    1,7052,8841,045
Loss from continuing operations:(10,527)(21,750)(4,096)(6,414)(11,144)(4,332)
Loss before gain (loss) on sale of properties:(4,096)(6,414)(11,144)(4,332)
Income from discontinued operations126     
Other undisclosed net loss    (1,658)  
Net loss:(10,402)(21,750)(4,096)(8,072)(11,144)(4,332)
Net income (loss) attributable to noncontrolling interest17(120)(77)(47)  
Other undisclosed net income (loss) attributable to parent(17)12077 (2,884)(1,045)
Net loss attributable to parent:(10,402)(21,750)(4,096)(8,119)(14,028)(5,377)
Other undisclosed net loss available to common stockholders, basic(17)     
Net loss available to common stockholders, diluted:(10,419)(21,750)(4,096)(8,119)(14,028)(5,377)

Comprehensive Income ($ in thousands)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net loss:(10,402)(21,750)(4,096)(8,072)(11,144)(4,332)
Comprehensive loss:(10,402)(21,750)(4,096)(8,072)(11,144)(4,332)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest17(120)(77)(47)  
Comprehensive loss, net of tax, attributable to parent:(10,384)(21,870)(4,172)(8,119)(11,144)(4,332)

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.

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