Accelerize Inc. (ACLZ) financial statements (2020 and earlier)

Company profile

Business Address 2601 OCEAN PARK BLVD., SUITE 310
SANTA MONICA, CA 90405
State of Incorp. DE
Fiscal Year End December 31
SIC 7389 - Business Services, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

9/30/2019
TTM
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 investments975271671,6809081,1311,157
Cash and cash equivalents975271671,6809081,1311,157
Restricted cash and investments 505050   
Receivables2322,0822,6932,2301,8331,7501,042
Other undisclosed current assets325554839824020485
Total current assets:1,2102,4143,4584,3582,9813,0852,284
Noncurrent Assets
Property, plant and equipment352692,9331,9571,425757
Intangible assets, net (including goodwill)3,784(4,725)3,926 (1,000)296963
Goodwill3,226      
Intangible assets, net (excluding goodwill)558(4,725)3,926 (1,000)296963
Deferred costs    3738 
Other noncurrent assets 108123103125133 
Other undisclosed noncurrent assets 4,725  1,000  
Total noncurrent assets:3,7881604,1183,0362,1181,8921,720
TOTAL ASSETS:4,9982,5747,5767,3945,0994,9764,004
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1873,0182,4792,6392,2371,2021,703
Other undisclosed accounts payable and accrued liabilities1873,0182,4792,6392,2371,2021,703
Deferred revenue45
Debt 3,3994,2802,546   
Disposal group, including discontinued operation76      
Deferred revenue and credits300531020683
Contract with customer, liability444
Other liabilities    4,635  
Total current liabilities:3086,8617,0595,2386,8821,4091,786
Noncurrent Liabilities
Long-term debt and lease obligation4838,1624,6714,588 2,900 
Long-term debt, excluding current maturities4838,1624,6714,588 2,900 
Liabilities, other than long-term debt 1,0241,0631,488   
Due to related parties 387     
Other liabilities 6381,0631,488   
Total noncurrent liabilities:4839,1865,7336,076 2,900 
Total liabilities:79016,04712,79211,3146,8824,3091,786
Stockholders' equity
Stockholders' equity attributable to parent4,208(13,473)(5,217)(3,920)(1,783)6672,217
Common stock100666663656358
Additional paid in capital34,03129,49826,30225,21223,44019,61817,908
Accumulated other comprehensive loss(87)(77)(42)(77)(22)(11) 
Accumulated deficit(29,836)(42,960)(31,543)(29,118)(25,267)(19,003)(15,749)
Other undisclosed stockholders' equity attributable to parent0      
Total stockholders' equity:4,208(13,473)(5,217)(3,920)(1,783)6672,217
TOTAL LIABILITIES AND EQUITY:4,9982,5747,5767,3945,0994,9764,004

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues10,50421,73024,10523,75321,39716,4609,654
Cost of revenue(4,454)(9,076)(9,067)(8,230)(6,494)(4,144)(2,063)
Gross profit:6,05012,65415,03815,52314,90312,3167,590
Operating expenses(13,200)(21,491)(16,142)(18,175)(20,988)(15,538)(9,839)
Other undisclosed operating income      2,063
Operating loss:(7,150)(8,837)(1,105)(2,652)(6,086)(3,222)(185)
Nonoperating expense(1,489)(2,580)(1,320)(1,200)(178)(32)(25)
Investment income, nonoperating0 121891815
Other nonoperating income (expense)(725)1     
Interest and debt expense559(943)(249)(1,221)(267)(50)(40)
Loss from continuing operations before equity method investments, income taxes:(8,080)(12,361)(2,674)(5,072)(6,531)(3,303)(250)
Other undisclosed income from continuing operations before income taxes3      
Loss from continuing operations before income taxes:(8,078)(12,361)(2,674)(5,072)(6,531)(3,303)(250)
Other undisclosed income from continuing operations     50 
Loss before gain (loss) on sale of properties:(8,078)(12,361)(2,674)(5,072)(6,531)(3,253)(250)
Other undisclosed net income   1,221267  
Net loss:(8,078)(12,361)(2,674)(3,852)(6,264)(3,253)(250)
Other undisclosed net income attributable to parent14,634943249   343
Net income (loss) attributable to parent:6,556(11,417)(2,424)(3,852)(6,264)(3,253)94
Preferred stock dividends and other adjustments(67)      
Net income (loss) available to common stockholders, diluted:6,490(11,417)(2,424)(3,852)(6,264)(3,253)94

Comprehensive Income ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net loss:(8,078)(12,361)(2,674)(3,852)(6,264)(3,253)(250)
Other comprehensive loss   (56)(11)(11) 
Comprehensive loss:(8,078)(12,361)(2,674)(3,907)(6,275)(3,264)(250)
Other undisclosed comprehensive income, net of tax, attributable to parent14,610908285    
Comprehensive income (loss), net of tax, attributable to parent:6,532(11,453)(2,389)(3,907)(6,275)(3,264)(250)

Statements sources

The financial statements are based on the company's filings with the 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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