Wave Systems Corp (WAVX) Financial Statements (2024 and earlier)

Company Profile

Business Address 480 PLEASANT ST
LEE, MA 01238
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 3577 - Computer Peripheral Equipment, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

9/30/2015
Q3
6/30/2015
Q2
3/31/2015
Q1
12/31/2014
Q4
9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,7943,1571,7774,3338,5244,344
Cash and cash equivalents2,7943,1571,7774,3338,5244,344
Receivables1,3121,2311,9861,9612,077527
Prepaid expense   398   
Other undisclosed current assets420497(165)4334083,069
Total current assets:4,5264,8853,9966,72711,0097,939
Noncurrent Assets
Property, plant and equipment367386412452491531
Intangible assets, net (including goodwill)(3,646)3,3113,4563,6023,7483,893
Goodwill  1,4481,4481,4481,4481,448
Intangible assets, net (excluding goodwill)(3,646)1,8632,0082,1542,3002,445
Other noncurrent assets171166169173123168
Other undisclosed noncurrent assets3,646     
Total noncurrent assets:5393,8634,0374,2274,3614,592
TOTAL ASSETS:5,0648,7488,03310,95315,37012,532
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:3,4734,0883,9183,6254,2606,195
Taxes payable 219   
Employee-related liabilities1,9602,4082,212   
Accounts payable9681,1631,080   
Accrued liabilities543516618   
Other undisclosed accounts payable and accrued liabilities    3,6254,2606,195
Debt      
Deferred revenue and credits5,2065,5345,1265,0236,3186,945
Other undisclosed current liabilities1,553    448
Total current liabilities:10,2329,6229,0448,64810,57813,588
Noncurrent Liabilities
Liabilities, other than long-term debt2,1462,4729221,1128751,049
Deferred revenue and credits2,1062,4308721,054814982
Other liabilities414151576167
Other undisclosed noncurrent liabilities5,0865,0264,9824,3894,4584,434
Total noncurrent liabilities:7,2327,4985,9055,5015,3335,483
Total liabilities:17,46417,12014,94914,14815,91119,070
Equity
Equity, attributable to parent, including:(12,399)(8,372)(6,916)(3,195)(541)(6,539)
Additional paid in capital429,105426,138422,746422,781423,329413,591
Accumulated deficit(442,103)(435,025)(430,121)(426,435)(424,330)(420,534)
Warrants and rights outstanding1,553     
Other undisclosed equity, attributable to parent(954)515460459459404
Total equity:(12,399)(8,372)(6,916)(3,195)(541)(6,539)
TOTAL LIABILITIES AND EQUITY:5,0648,7488,03310,95315,37012,532

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

9/30/2015
Q3
6/30/2015
Q2
3/31/2015
Q1
12/31/2014
Q4
9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
Revenues
(Revenue, Net)
2,5752,4532,8664,3324,4405,333
Cost of revenue
(Cost of Goods and Services Sold)
(384)(445) (73)(339)(313)
Gross profit:2,1912,0082,8664,2594,1015,020
Operating expenses(9,588)(6,975)(5,795)(6,222)(8,001)(8,437)
Other undisclosed operating income (loss) 109175(1,438)(115)146170
Operating loss:(7,288)(4,793)(4,367)(2,078)(3,754)(3,247)
Nonoperating income (expense)210(111)693(28)(41)(47)
Loss, foreign currency transaction, before tax(24)(50)(7)(4)(2)(2)
Loss from continuing operations before income taxes:(7,078)(4,904)(3,674)(2,106)(3,796)(3,294)
Other undisclosed loss from continuing operations   (12)   
Loss from continuing operations:(7,078)(4,904)(3,686)(2,106)(3,796)(3,294)
Loss before gain (loss) on sale of properties:(7,078)(4,904)(3,686)(2,106)(3,796)(3,294)
Net loss available to common stockholders, diluted:(7,078)(4,904)(3,686)(2,106)(3,796)(3,294)

Comprehensive Income ($ in thousands)

9/30/2015
Q3
6/30/2015
Q2
3/31/2015
Q1
12/31/2014
Q4
9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
Net loss:(7,078)(4,904)(3,686)(2,106)(3,796)(3,294)
Comprehensive loss, net of tax, attributable to parent:(7,078)(4,904)(3,686)(2,106)(3,796)(3,294)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: