Alpine 4 Holdings, Inc. (ALPP) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
2525 EAST ARIZONA BILTMORE CIRCLE PHOENIX, AZ 85016 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3669 - Communications Equipment, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 2,674 | 3,716 | 278 | 302 | 207 | ||||
| Cash and cash equivalents | 2,674 | 3,716 | 278 | 302 | 207 | ||||
| Restricted cash and investments | 3,716 | 302 | 415 | ||||||
| Receivables | 17,140 | ||||||||
| Inventory, net of allowances, customer advances and progress billings | 25,258 | 25,982 | 2,667 | 2,401 | 2,176 | 1,213 | |||
| Inventory | 25,258 | 25,982 | 2,667 | 2,401 | 2,176 | 1,213 | |||
| Contract with customer, asset, after allowance for credit loss | 1,403 | ✕ | |||||||
| Disposal group, including discontinued operation | 121 | ||||||||
| Other undisclosed current assets | 2,428 | 10,993 | 7,679 | 9,366 | 2,482 | ||||
| Total current assets: | 48,903 | 44,407 | 10,624 | 12,372 | 5,401 | 1,213 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 16,408 | 1,460 | 581 | 660 | ✕ | ✕ | |||
| Property, plant and equipment | 19,503 | 28,097 | 19,299 | 17,158 | 7,991 | 9,198 | |||
| Intangible assets, net (including goodwill) | 58,963 | 21,938 | 9,828 | 5,292 | 3,426 | 2,289 | |||
| Goodwill | 22,680 | 21,938 | 2,085 | 2,517 | 3,194 | 2,132 | |||
| Intangible assets, net (excluding goodwill) | 36,283 | 7,743 | 2,775 | 232 | 157 | ||||
| Other noncurrent assets | 1,856 | 357 | 402 | 319 | 290 | 258 | |||
| Other undisclosed noncurrent assets | 36,777 | 832 | |||||||
| Total noncurrent assets: | 96,729 | 88,629 | 30,110 | 23,429 | 12,540 | 11,745 | |||
| Other undisclosed assets | 3,013 | ||||||||
| TOTAL ASSETS: | 145,632 | 133,035 | 40,734 | 35,802 | 17,941 | 15,971 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 15,358 | 12,819 | 7,727 | 7,825 | 4,358 | ||||
| Accounts payable | 8,609 | 7,745 | 4,854 | 5,149 | 3,103 | ||||
| Accrued liabilities | 6,750 | 5,074 | 2,872 | 2,677 | 1,255 | ||||
| Deferred revenue | 5,284 | 6,359 | 233 | 170 | ✕ | ✕ | |||
| Debt | 11,353 | 4,473 | 7,740 | 9,368 | 3,751 | 3,918 | |||
| Derivative instruments and hedges, liabilities | 2,299 | 1,892 | |||||||
| Disposal group, including discontinued operation | 2,752 | ||||||||
| Due to related parties | 239 | 342 | 132 | 387 | |||||
| Other undisclosed current liabilities | 1,319 | 6,768 | 897 | 1,623 | 2,683 | ||||
| Total current liabilities: | 33,315 | 30,420 | 16,836 | 21,627 | 15,568 | 4,305 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 26,075 | 30,452 | 32,258 | 25,624 | 13,263 | 8,220 | |||
| Long-term debt, excluding current maturities | 11,482 | 14,066 | 16,302 | 11,524 | 4,967 | 1,660 | |||
| Capital lease obligations | ✕ | ✕ | ✕ | ✕ | ✕ | 8,295 | 6,560 | ||
| Finance lease, liability | 14,593 | 15,319 | 15,687 | 13,696 | ✕ | ✕ | |||
| Liabilities, other than long-term debt | 16,251 | 51 | 428 | ||||||
| Deferred income tax liabilities | 988 | 51 | 428 | ✕ | ✕ | ||||
| Operating lease, liability | 15,262 | 1,067 | 269 | 404 | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | 521 | 608 | |||||||
| Total noncurrent liabilities: | 42,325 | 30,503 | 32,686 | 26,145 | 13,871 | 8,220 | |||
| Total liabilities: | 75,640 | 60,924 | 49,522 | 47,772 | 29,439 | 12,525 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 69,992 | 72,111 | (8,788) | (11,970) | (11,498) | ||||
| Additional paid in capital | 141,724 | 131,294 | 30,992 | 19,764 | 17,019 | ||||
| Accumulated deficit | (71,752) | (59,201) | (39,795) | (31,746) | (28,520) | ||||
| Other undisclosed equity, attributable to parent | 20 | 18 | 15 | 12 | 3 | ||||
| Total equity: | 69,992 | 72,111 | (8,788) | (11,970) | (11,498) | ||||
| TOTAL LIABILITIES AND EQUITY: | 145,632 | 133,035 | 40,734 | 35,802 | 17,941 | 12,525 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 104,563 | 51,641 | 33,454 | 28,152 | 14,262 | 10,091 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (82,849) | (43,943) | (28,091) | (22,509) | (9,441) | |||
| Other undisclosed gross profit | (7,525) | |||||||
| Gross profit: | 21,714 | 7,698 | 5,364 | 5,642 | 4,821 | 2,567 | ||
| Operating expenses | (32,470) | (29,722) | (11,257) | (8,122) | (5,470) | |||
| Other operating expense, net (Other Nonrecurring (Income) Expense) | (8,400) | |||||||
| Other undisclosed operating income | 8,400 | |||||||
| Operating income (loss): | (10,756) | (22,024) | (5,894) | (2,480) | (649) | 2,567 | ||
| Nonoperating income (expense) | (2,854) | 2,299 | 1,892 | 604 | ||||
| Investment income, nonoperating | 2,299 | 1,892 | 604 | |||||
| Interest and debt expense | (3,124) | 2,153 | (5,464) | (5,237) | (3,121) | (1,540) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (16,733) | (19,871) | (9,059) | (5,825) | (3,166) | 1,026 | ||
| Loss from equity method investments | (1,350) | |||||||
| Other undisclosed income from continuing operations before income taxes | 3,124 | |||||||
| Income (loss) from continuing operations before income taxes: | (13,609) | (21,221) | (9,059) | (5,825) | (3,166) | 1,026 | ||
| Income tax benefit | 734 | 377 | 93 | 87 | 43 | 258 | ||
| Income (loss) from continuing operations: | (12,875) | (20,844) | (8,966) | (5,738) | (3,123) | 1,285 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | (20,844) | (8,966) | (3,318) | (8,034) | 1,285 | |
| Income (loss) from discontinued operations | 2,420 | (4,911) | ||||||
| Net income (loss): | (12,875) | (20,844) | (8,966) | (3,318) | (8,034) | 1,285 | ||
| Other undisclosed net income (loss) attributable to parent | 1,439 | 916 | 185 | 126 | (4,282) | |||
| Net loss available to common stockholders, basic: | (12,875) | (19,405) | (8,050) | (3,133) | (7,908) | (2,997) | ||
| Other undisclosed net loss available to common stockholders, diluted | (1,001) | |||||||
| Net loss available to common stockholders, diluted: | (12,875) | (19,405) | (9,051) | (3,133) | (7,908) | (2,997) | ||
Comprehensive Income ($ in thousands)
| 6/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (12,875) | (20,844) | (8,966) | (3,318) | (8,034) | 1,285 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (12,875) | (20,844) | (8,966) | (3,318) | (8,034) | 1,285 | ||
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.