Cinedigm Corp (CIDM) financial statements (2021 and earlier)
Company profile
| Business Address |
237 WEST 35TH STREET NEW YORK, NY 10001 |
| State of Incorp. | DE |
| Fiscal Year End | March 31 |
| SIC | 7841 - Video Tape Rental (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2020 TTM | 3/31/2020 | 3/31/2019 | 3/31/2018 | 3/31/2017 | 3/31/2016 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 26 | 14 | 18 | 13 | 25 | |||
| Cash and cash equivalents | 26 | 14 | 18 | 13 | 25 | |||
| Restricted cash and investments | 9 | |||||||
| Receivables | 25 | 35 | 38 | 57 | 57 | |||
| Inventory, net of allowances, customer advances and progress billings | 0 | 1 | 1 | 1 | 2 | |||
| Inventory | 0 | 1 | 1 | 1 | 2 | |||
| Prepaid expense | 8 | 5 | 9 | 11 | ||||
| Other undisclosed current assets | 2 | 3 | 3 | 7 | 7 | |||
| Total current assets: | 62 | 61 | 65 | 86 | 102 | |||
| Noncurrent Assets | ||||||||
| Operating lease, right-of-use asset | 1 | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 4 | 8 | 14 | 33 | 62 | |||
| Long-term investments and receivables | 8 | 0 | 1 | 2 | 1 | |||
| Long-term investments | 8 | |||||||
| Accounts and financing receivable, after allowance for credit loss | 0 | 1 | 2 | 1 | ||||
| Intangible assets, net (including goodwill) | 17 | 16 | 18 | 29 | 35 | |||
| Goodwill | 9 | 9 | 9 | 9 | 9 | |||
| Intangible assets, net (excluding goodwill) | 8 | 7 | 10 | 20 | 26 | |||
| Regulated entity, other noncurrent assets | 3 | |||||||
| Deferred costs | 0 | 1 | ||||||
| Other noncurrent assets | 0 | |||||||
| Other undisclosed noncurrent assets | 1 | 24 | 1 | 1 | 6 | |||
| Total noncurrent assets: | 30 | 49 | 34 | 65 | 108 | |||
| TOTAL ASSETS: | 92 | 110 | 99 | 151 | 209 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities, including: | 54 | 77 | 69 | 74 | 69 | |||
| Accounts payable | 51 | 38 | 33 | 31 | ||||
| Accrued liabilities | 24 | 27 | 38 | 32 | ||||
| Employee-related liabilities | 1 | 3 | 1 | 3 | ||||
| Taxes payable | 0 | 0 | 1 | 0 | ||||
| Interest and dividends payable | 1 | 0 | 1 | 2 | ||||
| Other undisclosed accounts payable and accrued liabilities | 54 | 0 | 1 | |||||
| Deferred revenue | 1 | 2 | ✕ | ✕ | ✕ | ✕ | ||
| Debt | 12 | 49 | 43 | 26 | 29 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 2 | 3 | |||
| Other undisclosed current liabilities | 11 | 2 | ||||||
| Total current liabilities: | 79 | 128 | 114 | 102 | 101 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 2 | 1 | 19 | 114 | 174 | |||
| Long-term debt, excluding current maturities | 2 | 19 | 114 | 170 | ||||
| Capital lease obligations | ✕ | ✕ | 4 | |||||
| Operating lease, liability | 0 | 1 | ✕ | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 0 | 1 | 0 | 6 | 8 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 5 | 8 | |||
| Deferred revenue | 0 | 1 | ✕ | ✕ | ✕ | ✕ | ||
| Other liabilities | 0 | 0 | 0 | |||||
| Other undisclosed noncurrent liabilities | 2 | |||||||
| Total noncurrent liabilities: | 2 | 2 | 22 | 120 | 182 | |||
| Total liabilities: | 81 | 130 | 135 | 222 | 282 | |||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent | 12 | (18) | (35) | (69) | (72) | |||
| Preferred stock | 4 | 4 | 4 | 4 | 4 | |||
| Common stock | 0 | 0 | 0 | 0 | 0 | |||
| Treasury stock, value | (12) | (12) | (12) | (3) | ||||
| Additional paid in capital | 487 | 401 | 369 | 287 | 270 | |||
| Accumulated other comprehensive income (loss) | (0) | 0 | 0 | (0) | (0) | |||
| Accumulated deficit | (467) | (411) | (396) | (360) | (342) | |||
| Stockholders' equity attributable to noncontrolling interest | (1) | (1) | (1) | (1) | (1) | |||
| Total stockholders' equity: | 11 | (19) | (37) | (71) | (73) | |||
| TOTAL LIABILITIES AND EQUITY: | 92 | 110 | 99 | 151 | 209 | |||
Income statement (P&L) ($ in millions)
| 12/31/2020 TTM | 3/31/2020 | 3/31/2019 | 3/31/2018 | 3/31/2017 | 3/31/2016 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 21 | 39 | 54 | 90 | 104 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (16) | (17) | (16) | (25) | (31) | ||
| Gross profit: | 5 | 22 | 37 | 65 | 73 | ||
| Operating expenses | (32) | (44) | (59) | (84) | (126) | ||
| Other undisclosed operating income | 16 | 17 | 16 | 25 | 31 | ||
| Operating income (loss): | (11) | (4) | (6) | 7 | (21) | ||
| Nonoperating income (expense) | (2) | (1) | (0) | 3 | 0 | ||
| Gain on contract termination | 3 | ||||||
| Other nonoperating income (expense) | (2) | (1) | (0) | 0 | 1 | ||
| Interest and debt expense | (4) | (7) | (10) | (24) | (22) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (42) | ||||||
| Loss from continuing operations before equity method investments, income taxes: | (59) | (13) | (16) | (15) | (42) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (2) | (2) | 0 | 0 | 0 | ||
| Loss from continuing operations before income taxes: | (61) | (14) | (16) | (15) | (42) | ||
| Income tax expense (benefit) | 0 | (0) | (0) | (0) | (0) | ||
| Net loss: | (61) | (15) | (16) | (15) | (43) | ||
| Net income (loss) attributable to noncontrolling interest | (0) | (0) | 0 | 0 | 1 | ||
| Other undisclosed net income attributable to parent | 0 | ||||||
| Net loss attributable to parent: | (61) | (15) | (16) | (15) | (42) | ||
| Other undisclosed net loss available to common stockholders, basic | (0) | (0) | (0) | (0) | (0) | ||
| Net loss available to common stockholders, diluted: | (61) | (15) | (17) | (15) | (42) | ||
Comprehensive Income ($ in millions)
| 12/31/2020 TTM | 3/31/2020 | 3/31/2019 | 3/31/2018 | 3/31/2017 | 3/31/2016 | ||
|---|---|---|---|---|---|---|---|
| Net loss: | (61) | (15) | (16) | (15) | (43) | ||
| Other comprehensive income (loss) | 0 | 0 | 0 | (0) | |||
| Other undisclosed comprehensive loss | (0) | ||||||
| Comprehensive loss: | (61) | (15) | (16) | (15) | (43) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 0 | (0) | 0 | 0 | 1 | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (0) | ||||||
| Comprehensive loss, net of tax, attributable to parent: | (61) | (15) | (16) | (15) | (42) | ||
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.