ATRM Holdings, Inc. (ATRM) Financial Statements (2023 and Earlier)
Company Profile
| Business Address |
5215 GERSHWIN AVE. N. OAKDALE, MN 55128 |
| State of Incorp. | MN |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2452 - Prefabricated Wood Buildings and Components (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 187 | 48 | 1,247 | 624 | 1,996 | 1,260 | 3,013 | ||
| Cash and cash equivalents | 187 | 48 | 1,247 | 624 | 1,996 | 1,260 | 3,013 | ||
| Restricted cash and investments | 501 | 482 | 150 | ||||||
| Receivables | 3,289 | 3,840 | 2,604 | 2,563 | 2,804 | 296 | 466 | ||
| Inventory, net of allowances, customer advances and progress billings | 1,790 | 1,285 | 1,404 | 1,241 | 1,936 | 2,075 | 2,347 | ||
| Inventory | 1,790 | 1,285 | 1,404 | 1,241 | 1,936 | 2,075 | 2,347 | ||
| Prepaid expense | 117 | 56 | ✕ | ||||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 199 | ||
| Costs in excess of billings | ✕ | 565 | 1,045 | 472 | 1,791 | ||||
| Other current assets | 343 | 216 | 238 | 173 | 117 | 663 | ✕ | ||
| Other undisclosed current assets | 63 | 373 | 359 | 329 | 1,083 | (56) | (56) | ||
| Total current assets: | 6,173 | 6,809 | 7,047 | 5,402 | 9,843 | 4,294 | 5,969 | ||
| Noncurrent Assets | |||||||||
| Inventory, Noncurrent | 1,810 | ||||||||
| Property, plant and equipment | 4,131 | 4,456 | 4,393 | 4,452 | 4,741 | 81 | 162 | ||
| Intangible assets, net (including goodwill) | 1,274 | 1,589 | 5,136 | 3,088 | 3,421 | ✕ | ✕ | ||
| Goodwill | 3,020 | 1,733 | 1,733 | ||||||
| Intangible assets, net (excluding goodwill) | 1,274 | 1,589 | 2,117 | 1,355 | 1,688 | ||||
| Prepaid expense | 7 | ✕ | |||||||
| Other noncurrent assets | 247 | ✕ | |||||||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 58 | ||
| Costs in excess of billings | ✕ | (288) | |||||||
| Other undisclosed noncurrent assets | 61 | 202 | 548 | 1,388 | (7) | ||||
| Total noncurrent assets: | 5,405 | 6,106 | 9,731 | 8,088 | 9,261 | 328 | 2,030 | ||
| TOTAL ASSETS: | 11,578 | 12,915 | 16,778 | 13,490 | 19,105 | 4,622 | 7,999 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 9,429 | 7,642 | 6,447 | 5,580 | 9,246 | ||||
| Accounts payable | 6,240 | 4,856 | 3,776 | 3,491 | 5,128 | ||||
| Accrued liabilities | 2,697 | 2,370 | 2,264 | 1,985 | 3,160 | ||||
| Employee-related liabilities | 492 | 416 | 407 | 104 | 84 | ||||
| Taxes payable | 873 | ||||||||
| Debt | 3,048 | 1,068 | 1,675 | 1,105 | 45 | 32 | 29 | ||
| Billings in excess of cost | ✕ | 983 | 652 | 765 | 288 | ||||
| Contract with customer, liability | 184 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other undisclosed current liabilities | 6,513 | 5,969 | 4,387 | 3,959 | 736 | 1,259 | |||
| Total current liabilities: | 19,174 | 15,662 | 13,161 | 7,449 | 13,537 | 768 | 1,288 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 2,113 | 3,061 | 14,069 | 10,252 | 9,542 | 3 | 35 | ||
| Long-term debt, excluding current maturities | 2,113 | 3,061 | 14,069 | 10,252 | 9,542 | ||||
| Capital lease obligations | 3 | 35 | |||||||
| Liabilities, other than long-term debt | 19 | 13 | |||||||
| Deferred tax liabilities, net | 19 | 13 | |||||||
| Other undisclosed noncurrent liabilities | 10 | ||||||||
| Total noncurrent liabilities: | 2,123 | 3,061 | 14,087 | 10,265 | 9,542 | 3 | 35 | ||
| Total liabilities: | 21,297 | 18,723 | 27,249 | 17,714 | 23,079 | 771 | 1,323 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | (9,719) | (5,836) | (10,471) | (4,224) | (3,975) | 3,851 | 6,580 | ||
| Preferred stock | 1 | ||||||||
| Common stock | 2 | 2 | 2 | 2 | 1 | 1 | 11 | ||
| Additional paid in capital | 82,646 | 83,014 | 69,702 | 69,425 | 66,336 | 65,830 | 65,634 | ||
| Accumulated deficit | (92,368) | (88,852) | (80,175) | (73,651) | (70,311) | (61,980) | (59,065) | ||
| Total stockholders' equity: | (9,719) | (5,836) | (10,471) | (4,224) | (3,975) | 3,851 | 6,580 | ||
| Other undisclosed liabilities and equity | 28 | 96 | |||||||
| TOTAL LIABILITIES AND EQUITY: | 11,578 | 12,915 | 16,778 | 13,490 | 19,105 | 4,622 | 7,999 | ||
Income Statement (P&L) ($ in thousands)
| 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 34,477 | 40,553 | 28,156 | 25,632 | 33,058 | 2,653 | 6,241 | |
| Revenue, net | ✕ | 40,553 | 28,156 | 25,632 | 33,058 | 2,653 | 6,241 | |
| Cost of revenue (Cost of Goods and Services Sold) | (31,501) | (37,668) | (26,589) | (86) | (32,590) | (3,903) | (8,938) | |
| Other undisclosed gross profit | 1,177 | 2,776 | ||||||
| Gross profit: | 2,976 | 2,885 | 1,567 | 25,546 | 468 | (73) | 79 | |
| Operating expenses | (37,002) | (47,378) | (32,970) | (31,065) | (42,073) | (3,962) | (6,194) | |
| Other undisclosed operating income | 31,501 | 37,668 | 26,589 | 86 | 32,590 | |||
| Operating loss: | (2,525) | (6,825) | (4,814) | (5,433) | (9,015) | (4,035) | (6,114) | |
| Nonoperating income (Investment Income, Nonoperating) | 2 | 9 | ||||||
| Interest and debt expense | (997) | (2,278) | (1,676) | (1,397) | (844) | (5) | (6) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 325 | |||||||
| Loss from continuing operations before equity method investments, income taxes: | (3,522) | (9,103) | (6,490) | (6,830) | (9,859) | (3,713) | (6,111) | |
| Other undisclosed income (loss) from continuing operations before income taxes | 6 | 437 | (27) | 3,496 | 203 | |||
| Loss from continuing operations before income taxes: | (3,516) | (8,666) | (6,516) | (3,334) | (9,656) | (3,713) | (6,111) | |
| Income tax expense (benefit) | (11) | (8) | (6) | 464 | 279 | |||
| Loss from continuing operations: | (3,516) | (8,677) | (6,524) | (3,340) | (9,192) | (3,434) | (6,111) | |
| Income (loss) from discontinued operations | 861 | (279) | ||||||
| Net loss: | (3,516) | (8,677) | (6,524) | (3,340) | (8,331) | (3,713) | (6,111) | |
| Other undisclosed net income attributable to parent | 0 | 797 | ||||||
| Net loss attributable to parent: | (3,516) | (8,677) | (6,524) | (3,340) | (8,331) | (2,915) | (6,111) | |
| Preferred stock dividends and other adjustments | (1,716) | (407) | ||||||
| Net loss available to common stockholders, diluted: | (5,232) | (9,084) | (6,524) | (3,340) | (8,331) | (2,915) | (6,111) | |
Comprehensive Income ($ in thousands)
| 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (3,516) | (8,677) | (6,524) | (3,340) | (8,331) | (3,713) | (6,111) | |
| Comprehensive loss, net of tax, attributable to parent: | (3,516) | (8,677) | (6,524) | (3,340) | (8,331) | (3,713) | (6,111) | |
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.