Voltari Corporation (VLTC) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
767 FIFTH AVENUE NEW YORK, NY 10153 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 65 - Real Estate (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2019 MRQ | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 556 | 101 | 414 | 1,180 | 6,448 | 25,150 | |||
| Cash and cash equivalent | 556 | 101 | 414 | 1,180 | 6,448 | 25,150 | |||
| Receivables | 32 | 3,494 | 3,121 | ||||||
| Disposal group, including discontinued operation | 1,622 | ||||||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 1,218 | ||
| Other undisclosed current assets | 1,533 | ||||||||
| Total current assets: | 556 | 101 | 414 | 1,212 | 11,475 | 31,111 | |||
| Noncurrent Assets | |||||||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 252 | 667 | 5,815 | ||||||
| Intangible asset, including goodwill, after accumulated amortization | 1,283 | 395 | 2,041 | 5,182 | |||||
| Goodwill | 2,416 | ||||||||
| Intangible asset, excluding goodwill, after accumulated amortization | 1,283 | 395 | 2,041 | 2,766 | |||||
| Other noncurrent assets | 117 | 101 | 92 | 188 | |||||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 296 | ||
| Other undisclosed noncurrent assets | (2,041) | ||||||||
| Total noncurrent assets: | 1,283 | 512 | 101 | 344 | 855 | 11,293 | |||
| Other undisclosed assets | 21,655 | 6,035 | 6,735 | 4,448 | |||||
| TOTAL ASSETS: | 23,494 | 6,648 | 7,250 | 6,004 | 12,330 | 42,404 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 537 | 641 | 508 | 683 | 3,386 | 4,359 | |||
| Employee-related liabilities | 15 | 6 | 17 | 93 | 721 | 1,111 | |||
| Accounts payable | 403 | ||||||||
| Other undisclosed accounts payable and accrued liabilities | 119 | 635 | 491 | 590 | 2,665 | 3,248 | |||
| Disposal group, including discontinued operation | 551 | ||||||||
| Other liabilities | 1,451 | 1,160 | |||||||
| Deferred revenue and credits | ✕ | ✕ | 17 | 17 | 17 | ||||
| Other undisclosed current liabilities | 721 | 1,111 | |||||||
| Total current liabilities: | 537 | 658 | 525 | 700 | 5,558 | 7,181 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 23,000 | 5,500 | 4,500 | 10 | |||||
| Long-term debt, excluding current maturities | 23,000 | 5,500 | 4,500 | 10 | |||||
| Liabilities, other than long-term debt | 15 | 25 | 29 | 29 | 21 | ||||
| Other liabilities | 15 | 25 | 29 | 29 | 21 | ||||
| Total noncurrent liabilities: | 23,000 | 5,515 | 4,525 | 39 | 29 | 21 | |||
| Other undisclosed liabilities | 3,672 | 2,265 | 1,872 | 1,634 | |||||
| Total liabilities: | 27,209 | 8,438 | 6,922 | 2,373 | 5,587 | 7,202 | |||
| Temporary equity, including noncontrolling interest | 65,700 | 57,200 | 48,024 | 41,305 | 36,380 | 31,124 | |||
| Equity | |||||||||
| Equity, attributable to parent | (67,146) | (57,201) | (47,696) | (37,674) | (29,637) | 4,078 | |||
| Common stock | 9 | 9 | 9 | 9 | 5 | 5 | |||
| Additional paid in capital | 539,237 | 547,680 | 555,286 | 562,204 | 563,643 | 568,714 | |||
| Accumulated other comprehensive income (loss) | 85 | 61 | 58 | 51 | 31 | (605) | |||
| Accumulated deficit | (606,477) | (604,951) | (603,049) | (599,938) | (593,316) | (564,036) | |||
| Other undisclosed equity | (2,269) | (1,789) | |||||||
| Total equity: | (69,415) | (58,990) | (47,696) | (37,674) | (29,637) | 4,078 | |||
| TOTAL LIABILITIES AND EQUITY: | 23,494 | 6,648 | 7,250 | 6,004 | 12,330 | 42,404 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,554 | 322 | 262 | 49 | 12,240 | 10,285 | ||
| Cost of revenue (Cost of Product and Service Sold) | (11,317) | (8,796) | ||||||
| Gross profit: | 1,554 | 322 | 262 | 49 | 923 | 1,489 | ||
| Operating expenses | (2,544) | (2,123) | (3,218) | (5,068) | (40,343) | (33,214) | ||
| Other undisclosed operating income | 11,317 | 8,796 | ||||||
| Operating loss: | (990) | (1,801) | (2,956) | (5,019) | (28,103) | (22,929) | ||
| Nonoperating income (expense) | 133 | 89 | 17 | (1,422) | ||||
| Investment income, nonoperating | 5 | 23 | ||||||
| Other nonoperating income (expense) | 133 | 89 | 12 | (103) | ||||
| Interest and debt expense | (667) | (190) | (131) | (10) | (1,342) | |||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 1,342 | |||||||
| Loss from continuing operations before income taxes: | (1,524) | (1,902) | (3,087) | (5,029) | (28,086) | (24,351) | ||
| Income tax expense | (2) | |||||||
| Loss from continuing operations: | (1,526) | (1,902) | (3,087) | (5,029) | (28,086) | (24,351) | ||
| Loss before gain (loss) on sale of properties: | (1,526) | (1,902) | (3,111) | (6,622) | (29,280) | (38,388) | ||
| Loss from discontinued operations | (24) | (1,593) | (1,194) | (14,037) | ||||
| Net loss: | (1,526) | (1,902) | (3,111) | (6,622) | (29,280) | (38,388) | ||
| Other undisclosed net income attributable to parent | 28,074 | |||||||
| Net loss attributable to parent: | (1,526) | (1,902) | (3,111) | (6,622) | (29,280) | (10,314) | ||
| Preferred stock dividends and other adjustments | (8,443) | (6,872) | (848) | (720) | (611) | (525) | ||
| Other undisclosed net loss available to common stockholders, basic | (734) | (6,062) | (5,355) | (4,798) | (4,221) | |||
| Net loss available to common stockholders, diluted: | (9,969) | (9,508) | (10,021) | (12,697) | (34,689) | (15,060) | ||
Comprehensive Income ($ in thousands)
| 6/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (1,526) | (1,902) | (3,111) | (6,622) | (29,280) | (38,388) | ||
| Other comprehensive income | 24 | 3 | 7 | 20 | 636 | 36 | ||
| Comprehensive loss: | (1,502) | (1,899) | (3,104) | (6,602) | (28,644) | (38,352) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 28,074 | |||||||
| Comprehensive loss, net of tax, attributable to parent: | (1,502) | (1,899) | (3,104) | (6,602) | (28,644) | (10,278) | ||
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.