Video Display Corp (VIDE) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
1868 TUCKER INDUSTRIAL DR TUCKER, GA 30084 |
| State of Incorp. | GA |
| Fiscal Year End | February 29 |
| Industry (SIC) | 367 - Electronic Components And Accessories (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 8/31/2024 MRQ | 2/29/2024 | 2/28/2023 | 2/28/2022 | 2/28/2021 | 2/29/2020 | 2/28/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 169 | 400 | 245 | 293 | 844 | 410 | |||
| Cash and cash equivalent | 169 | 400 | 245 | 293 | 844 | 410 | |||
| Receivables | 747 | 829 | 390 | 1,314 | 1,305 | 1,746 | |||
| Inventory, net of allowances, customer advances and progress billings | 2,566 | 2,458 | 3,342 | 4,027 | 4,480 | 3,451 | |||
| Inventory | 2,566 | 2,458 | 3,342 | 4,027 | 4,480 | 3,451 | |||
| Contract with customer, asset, after allowance for credit loss | 341 | 280 | 444 | 1,534 | |||||
| Other undisclosed current assets | 63 | 206 | 1,093 | 279 | 600 | 685 | |||
| Total current assets: | 3,886 | 4,173 | 5,514 | 7,447 | 7,229 | 6,292 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 180 | 482 | 592 | 1,127 | 1,631 | ✕ | |||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 703 | 890 | 1,079 | 1,270 | 1,321 | ||||
| Long-term investments and receivables | 189 | ||||||||
| Accounts and financing receivable, after allowance for credit loss | 189 | ||||||||
| Intangible asset, including goodwill, after accumulated amortization | 118 | 247 | 387 | ||||||
| Intangible asset, excluding goodwill, after accumulated amortization | 118 | 247 | 387 | ||||||
| Other noncurrent assets | 2 | 2 | 2 | 2 | 5 | ||||
| Other undisclosed noncurrent assets | 673 | ||||||||
| Total noncurrent assets: | 853 | 1,187 | 1,602 | 2,455 | 3,290 | 1,515 | |||
| TOTAL ASSETS: | 4,739 | 5,360 | 7,116 | 9,902 | 10,519 | 7,807 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,791 | 2,725 | 2,320 | 1,636 | 2,049 | 1,686 | |||
| Taxes payable | ✕ | ✕ | ✕ | 8 | 56 | ||||
| Employee-related liabilities | ✕ | ✕ | ✕ | 298 | 238 | 296 | |||
| Accounts payable | 927 | 1,629 | 1,465 | 602 | 1,256 | 1,008 | |||
| Accrued liabilities | 864 | 1,096 | 855 | 728 | 499 | 382 | |||
| Deferred revenue | 889 | 974 | 1,872 | 1,717 | 2,338 | ✕ | |||
| Debt | 2,144 | 1,458 | 98 | 198 | 557 | 23 | |||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 865 | ||
| Other undisclosed current liabilities | 180 | 313 | 715 | 295 | 1,022 | 364 | |||
| Total current liabilities: | 5,004 | 5,470 | 5,005 | 3,846 | 5,966 | 2,938 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 397 | 698 | 1,091 | 189 | |||||
| Long-term debt, excluding current maturities | 189 | ||||||||
| Finance lease, liability | 64 | 142 | ✕ | ||||||
| Liabilities, other than long-term debt | 146 | 169 | 19 | ||||||
| Other liabilities | 146 | 19 | |||||||
| Operating lease, liability | 169 | 333 | 556 | 1,091 | ✕ | ||||
| Other undisclosed noncurrent liabilities | (333) | 528 | |||||||
| Total noncurrent liabilities: | 146 | 169 | 397 | 1,782 | 1,091 | 208 | |||
| Total liabilities: | 5,150 | 5,639 | 5,402 | 5,628 | 7,057 | 3,146 | |||
| Equity | |||||||||
| Equity, attributable to parent | (411) | (279) | 1,714 | 4,274 | 3,462 | 4,661 | |||
| Common stock | 7,293 | 7,293 | 7,293 | 7,293 | 7,293 | 7,293 | |||
| Treasury stock, value | (16,282) | (16,282) | (16,282) | (16,282) | (16,282) | (16,282) | |||
| Additional paid in capital | 281 | 281 | 281 | 281 | 281 | 274 | |||
| Retained earnings | 8,297 | 8,429 | 10,422 | 12,982 | 12,170 | 13,376 | |||
| Total equity: | (411) | (279) | 1,714 | 4,274 | 3,462 | 4,661 | |||
| TOTAL LIABILITIES AND EQUITY: | 4,739 | 5,360 | 7,116 | 9,902 | 10,519 | 7,807 | |||
Income Statement (P&L) ($ in thousands)
| 8/31/2024 TTM | 2/29/2024 | 2/28/2023 | 2/28/2022 | 2/28/2021 | 2/29/2020 | 2/28/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 9,682 | 8,102 | 7,001 | 12,541 | 10,597 | 15,023 | ||
| Cost of revenue (Cost of Product and Service Sold) | (5,314) | (6,930) | (7,324) | (9,925) | (8,220) | (10,983) | ||
| Other undisclosed gross profit | (1,385) | |||||||
| Gross profit: | 2,983 | 1,172 | (323) | 2,616 | 2,377 | 4,040 | ||
| Operating expenses | (3,347) | (3,951) | (4,308) | (4,894) | (4,260) | (4,489) | ||
| Operating loss: | (364) | (2,779) | (4,631) | (2,278) | (1,883) | (449) | ||
| Nonoperating income | 887 | 786 | 2,071 | 3,123 | 677 | 516 | ||
| Other nonoperating income | 283 | 765 | 216 | 410 | 673 | 493 | ||
| Interest and debt expense | (15) | 1,084 | 988 | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 523 | (2,008) | (1,476) | 1,833 | (1,206) | 67 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 15 | (1,084) | (988) | |||||
| Income (loss) from continuing operations before income taxes: | 523 | (1,993) | (2,560) | 845 | (1,206) | 67 | ||
| Income tax expense | (33) | |||||||
| Income (loss) from continuing operations: | 523 | (1,993) | (2,560) | 812 | (1,206) | 67 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (2,560) | 812 | (1,206) | 67 | |
| Income from discontinued operations | 1,385 | |||||||
| Net income (loss): | 1,908 | (1,993) | (2,560) | 812 | (1,206) | 67 | ||
| Other undisclosed net loss attributable to parent | (2,040) | |||||||
| Net income (loss) available to common stockholders, diluted: | (132) | (1,993) | (2,560) | 812 | (1,206) | 67 | ||
Comprehensive Income ($ in thousands)
| 8/31/2024 TTM | 2/29/2024 | 2/28/2023 | 2/28/2022 | 2/28/2021 | 2/29/2020 | 2/28/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 1,908 | (1,993) | (2,560) | 812 | (1,206) | 67 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 1,908 | (1,993) | (2,560) | 812 | (1,206) | 67 | ||
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.