Ventoux CCM Acquisition Corp. (VTAQ) Financial Statements (2024 and earlier)

Company Profile

Business Address 1 EAST PUTNAM AVENUE, FLOOR 4
GREENWICH, CT 06830
State of Incorp. DE
Fiscal Year End June 30
Industry (SIC) 7372 - Prepackaged Software (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

9/30/2023
MRQ
6/30/2023
12/31/2022
MRQ
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments15,14338,2113131,071
Cash and cash equivalents15,14338,2113131,071
Restricted cash and investments10,000   
Receivables1,8312,572  
Inventory, net of allowances, customer advances and progress billings629649  
Inventory629649  
Prepaid expense 855 10429
Deferred costs2,3014,780  
Other undisclosed current assets3072,265  
Total current assets:31,06648,4774171,100
Noncurrent Assets
Property, plant and equipment9091,489  
Long-term investments and receivables2,0002,000  
Long-term investments2,0002,000  
Intangible assets, net (including goodwill)11,6848,098  
Goodwill1,1561,156  
Intangible assets, net (excluding goodwill)10,5286,942  
Asset, held-in-trust   174,266151,500
Deferred costs92436  
Other noncurrent assets936674  
Total noncurrent assets:15,62112,697174,266151,500
TOTAL ASSETS:46,68761,174174,683152,600
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities7,6147,33832618
Accounts payable3,2952,982  
Accrued liabilities4,3194,35632618
Deferred revenue1,2843,533  
Debt50,6396,786  
Due to related parties  120120
Other undisclosed current liabilities1,676   
Total current liabilities:61,21317,657446138
Noncurrent Liabilities
Long-term debt and lease obligation3,00052,022  
Long-term debt, excluding current maturities3,00052,022  
Liabilities, other than long-term debt1,8341,357  
Deferred revenue299609  
Other liabilities1,535748  
Other undisclosed noncurrent liabilities25,8672,3623,2047,320
Total noncurrent liabilities:30,70155,7413,2047,320
Total liabilities:91,91473,3983,6507,458
Temporary equity, carrying amount   174,225151,500
Equity
Equity, attributable to parent, including:(45,227)(12,224)(3,191)(6,358)
Common stock   00
Additional paid in capital190,031170,794  
Accumulated deficit(235,263)(183,023)(3,192)(6,358)
Other undisclosed equity, attributable to parent55  
Total equity:(45,227)(12,224)(3,191)(6,358)
TOTAL LIABILITIES AND EQUITY:46,68761,174174,683152,600

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

9/30/2023
TTM
6/30/2023
12/31/2022
TTM
12/31/2021
12/31/2020
Revenues26,13517,7864,832 
Other income  4,6834,832 
Cost of revenue(25,614)(14,570)  
Gross profit:5213,2164,832 
Operating expenses(56,928)(30,124)(991)(18)
Other undisclosed operating loss  (2,655)(4,832) 
Operating loss:(56,407)(29,563)(991)(18)
Nonoperating income (expense)21,93610,75941(1,345)
Investment income, nonoperating  14,17741 
Other nonoperating income (expense)21,936(3,418)  
Interest and debt expense2,000(9,471)  
Loss from continuing operations before equity method investments, income taxes:(32,471)(28,275)(950)(1,363)
Income from equity method investments  1  
Other undisclosed income (loss) from continuing operations before income taxes(2,000)46,896  
Income (loss) from continuing operations before income taxes:(34,471)18,622(950)(1,363)
Income tax expense (benefit)(9)(9)1994
Income (loss) from continuing operations:(34,480)18,614(750)(1,359)
Income (loss) before gain (loss) on sale of properties:35,643(750)(1,359)
Other undisclosed net income (loss)   4,592(4)
Net income (loss) attributable to parent:(34,480)18,6143,841(1,363)
Preferred stock dividends and other adjustments  (23,299)  
Net income (loss) available to common stockholders, basic:(34,480)(4,686)3,841(1,363)
Dilutive securities, effect on basic earnings per share  221,140  
Other undisclosed net loss available to common stockholders, diluted  (221,140)  
Net income (loss) available to common stockholders, diluted:(34,480)(4,686)3,841(1,363)

Comprehensive Income ($ in thousands)

9/30/2023
TTM
6/30/2023
12/31/2022
TTM
12/31/2021
12/31/2020
Net income (loss):(34,480)18,6143,841(1,363)
Comprehensive income (loss), net of tax, attributable to parent:(34,480)18,6143,841(1,363)

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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