Asure Software Inc (ASUR) financial statements (2021 and earlier)

Company profile

Business Address 3700 N CAPITAL OF TEXAS HWY
AUSTIN, TX 78746
State of Incorp. DE
Fiscal Year End December 31
SIC 7373 - Computer Integrated Systems Design (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments292915281310
Cash and cash equivalents292915281310
Receivables551613855
Inventory, net of allowances, customer advances and progress billings0131010
Inventory0131010
Prepaid expense31233111
Funds held for clients3211381224223  
Deferred tax assets    0
Other undisclosed current assets      (0)
Total current assets:358184160874687
Noncurrent Assets
Operating lease, right-of-use asset6 
Property, plant and equipment8895222
Intangible assets, net (including goodwill)139133188111382326
Goodwill746911177261718
Intangible assets, net (excluding goodwill)656477341268
Other noncurrent assets4341010
Deferred tax assets, net    1
Other undisclosed noncurrent assets 7    (1)
Total noncurrent assets:157151201117402627
TOTAL ASSETS:515335361203863434
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities61295453
Accounts payable1242232
Accrued liabilities1721111
Employee-related liabilities3332110
Deferred revenue6 
Debt123596 1
Business combination, contingent consideration, liability4      
Deferred revenue and credits1391111
Deferred tax liabilities21   
Contract with customer, liability6123
Other undisclosed current liabilities3221471041231(0)
Total current liabilities:35016714870411614
Noncurrent Liabilities
Long-term debt and lease obligation1824107   15
Long-term debt, excluding current maturities1224107   14
Capital lease obligations    0
Operating lease, liability5 
Liabilities, other than long-term debt2023211
Deferred revenue and credits1110
Deferred revenue0 
Contract with customer, liability0 
Deferred tax liabilities, net2   (1)
Deferred income tax liabilities1 
Other liabilities1002101
Other undisclosed noncurrent liabilities 616725130
Total noncurrent liabilities:203111070261416
Total liabilities:370197259140683030
Stockholders' equity
Stockholders' equity attributable to parent, including:146138103641844
Treasury stock, value(5)(5)(5)(5)(5)(5)(5)
Additional paid in capital420396392346295280279
Accumulated other comprehensive income (loss)1(0)(1)(0)0(0)(0)
Accumulated deficit(270)(254)(284)(278)(272)(271)(269)
Other undisclosed stockholders' equity attributable to parent0000000
Other undisclosed stockholders' equity0      
Total stockholders' equity:146138103641844
Other undisclosed liabilities and equity(0)      
TOTAL LIABILITIES AND EQUITY:515335361203863434

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues66738954362727
Revenue, net151513 
Cost of revenue
(Cost of Goods and Services Sold)
(27)(30)(31)(13)(8)(7)(6)
Gross profit:38435842272021
Operating expenses(52)(94)(64)(43)(26)(20)(18)
Other undisclosed operating loss      (1)
Operating income (loss):(14)(51)(6)(1)1(0)2
Nonoperating expense  (9)(5)(2)(1)(2)
Interest and debt expense(2)(15)0(5)(2)(0)(3)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes  (0)5203
Loss from continuing operations before income taxes:(16)(66)(15)(6)(1)(2)(0)
Income tax expense (benefit)(0)247(0)(0)(0)(0)
Loss from continuing operations:(16)(42)(8)(6)(1)(2)(0)
Income from discontinued operations 72     
Net income (loss) available to common stockholders, diluted:(16)30(8)(6)(1)(2)(0)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(16)30(8)(6)(1)(2)(0)
Other comprehensive income (loss)1(1)     
Comprehensive income (loss):(16)29(8)(6)(1)(2)(0)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent  (1)(0)000
Comprehensive income (loss), net of tax, attributable to parent:(16)29(8)(6)(1)(2)(0)

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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