CounterPath Corporation (CPAH) financial statements (2022 and earlier)
Company profile
| Business Address |
300-505 BURRARD STREET VANCOUVER, BC V7X 1M3 |
| State of Incorp. | NV |
| Fiscal Year End | April 30 |
| SIC | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 4/30/2020 | 4/30/2019 | 4/30/2018 | 4/30/2017 | 4/30/2016 | 4/30/2015 | 4/30/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 2,433 | 1,862 | 2,349 | 2,071 | 2,160 | 2,852 | 7,173 | ||
| Cash and cash equivalents | 2,433 | 1,862 | 2,349 | 2,071 | 2,160 | 2,852 | 7,173 | ||
| Receivables | 2,554 | 1,877 | 3,509 | 2,133 | 3,209 | 3,305 | 3,401 | ||
| Prepaid expense | 327 | 263 | 191 | 171 | 185 | 168 | 162 | ||
| Deferred costs | 130 | 123 | |||||||
| Derivative instruments and hedges, assets | 6 | 1 | |||||||
| Total current assets: | 5,450 | 4,126 | 6,049 | 4,375 | 5,554 | 6,326 | 10,736 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 1,370 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 112 | 60 | 122 | 126 | 143 | 272 | 154 | ||
| Intangible assets, net (including goodwill) | 6,549 | 6,766 | 7,065 | 6,441 | 7,001 | 7,311 | 8,019 | ||
| Goodwill | 6,323 | 6,541 | 6,844 | 6,441 | 7,001 | 7,311 | 8,019 | ||
| Intangible assets, net (excluding goodwill) | 226 | 225 | 221 | ||||||
| Deposits noncurrent assets | 82 | 95 | 99 | 91 | 94 | 98 | 125 | ||
| Deferred costs | 78 | ||||||||
| Other noncurrent assets | 200 | 175 | 216 | 103 | |||||
| Other undisclosed noncurrent assets | 93 | ||||||||
| Total noncurrent assets: | 8,206 | 6,998 | 7,285 | 6,858 | 7,412 | 7,897 | 8,401 | ||
| TOTAL ASSETS: | 13,656 | 11,125 | 13,334 | 11,233 | 12,966 | 14,223 | 19,137 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 2,232 | 2,234 | 2,438 | 1,826 | 1,943 | 2,306 | 2,327 | ||
| Accounts payable | 706 | 739 | 679 | ||||||
| Accrued liabilities | 613 | 724 | 800 | ||||||
| Employee-related liabilities | 547 | 590 | 744 | ||||||
| Other undisclosed accounts payable and accrued liabilities | 365 | 180 | 215 | 1,826 | 1,943 | 2,306 | 2,327 | ||
| Deferred revenue | 3,782 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Derivative instruments and hedges, liabilities | 140 | 5 | |||||||
| Liability for uncertainty in income taxes | 10 | 10 | 10 | ||||||
| Due to related parties | 4,000 | ||||||||
| Deferred revenue and credits | ✕ | ✕ | 2,566 | 2,135 | 1,809 | 1,867 | 1,626 | ||
| Customer advances and deposits | ✕ | ✕ | 2 | 6 | 2 | ✕ | |||
| Other undisclosed current liabilities | 335 | 2,637 | 53 | 54 | 61 | 73 | 79 | ||
| Total current liabilities: | 10,499 | 4,885 | 5,069 | 4,021 | 3,816 | 4,246 | 4,031 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,103 | ||||||||
| Operating lease, liability | 1,103 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | (7) | 23 | 23 | 35 | 48 | ||||
| Deferred revenue and credits | ✕ | ✕ | 14 | 23 | 35 | 48 | |||
| Accounts payable and accrued liabilities | (11) | 9 | |||||||
| Deferred lease income, after accumulated amortization | 4 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | (1,093) | 3,021 | 1 | 10 | 11 | 11 | 26 | ||
| Total noncurrent liabilities: | 1,112 | 3,014 | 24 | 33 | 46 | 58 | 26 | ||
| Total liabilities: | 11,612 | 7,899 | 5,093 | 4,054 | 3,862 | 4,304 | 4,057 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 2,044 | 3,226 | 8,241 | 7,179 | 9,104 | 9,919 | 15,080 | ||
| Common stock | 6 | 6 | 6 | 5 | 5 | 42 | 43 | ||
| Treasury stock, value | (0) | (0) | (0) | ||||||
| Additional paid in capital | 76,067 | 75,668 | 75,170 | 71,681 | 70,065 | 67,600 | 66,911 | ||
| Accumulated other comprehensive loss | (4,351) | (3,866) | (3,233) | (4,025) | (2,943) | (2,392) | (984) | ||
| Accumulated deficit | (69,678) | (68,581) | (63,702) | (60,481) | (58,023) | (55,331) | (50,889) | ||
| Total stockholders' equity: | 2,044 | 3,226 | 8,241 | 7,179 | 9,104 | 9,919 | 15,080 | ||
| TOTAL LIABILITIES AND EQUITY: | 13,656 | 11,125 | 13,334 | 11,233 | 12,966 | 14,223 | 19,137 | ||
Income statement (P&L) ($ in thousands)
| 4/30/2020 | 4/30/2019 | 4/30/2018 | 4/30/2017 | 4/30/2016 | 4/30/2015 | 4/30/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 12,101 | 10,765 | 12,382 | 10,686 | 11,081 | 12,003 | 11,682 | |
| Revenue, net | ✕ | ✕ | 6,043 | 5,236 | 5,050 | 4,852 | 4,647 | |
| Cost of revenue | (2,125) | (2,224) | (1,630) | (1,730) | (1,667) | (2,222) | (2,231) | |
| Gross profit: | 9,976 | 8,541 | 10,752 | 8,956 | 9,414 | 9,781 | 9,451 | |
| Operating expenses | (12,901) | (15,932) | (15,176) | (13,639) | (13,923) | (17,349) | (16,886) | |
| Other undisclosed operating income | 2,125 | 2,224 | 1,630 | 1,730 | 1,667 | 2,222 | 2,231 | |
| Operating loss: | (800) | (5,167) | (2,794) | (2,954) | (2,842) | (5,346) | (5,204) | |
| Nonoperating income (expense) | (297) | 153 | (427) | 498 | 200 | 22 | (671) | |
| Investment income, nonoperating | 11 | 2 | 0 | 0 | 5 | 22 | 65 | |
| Foreign currency transaction gain (loss), before tax | 169 | 257 | (427) | 498 | 195 | (736) | ||
| Interest and debt expense | (335) | (107) | (0) | (3) | (2) | (1) | (2) | |
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 884 | (22) | ||||||
| Loss from continuing operations before income taxes: | (1,432) | (5,121) | (3,221) | (2,459) | (2,644) | (4,442) | (5,899) | |
| Income tax expense | (16) | |||||||
| Net loss: | (1,432) | (5,121) | (3,221) | (2,459) | (2,644) | (4,442) | (5,915) | |
| Other undisclosed net income (loss) attributable to parent | 335 | 107 | 0 | (48) | ||||
| Net loss available to common stockholders, diluted: | (1,097) | (5,013) | (3,221) | (2,459) | (2,692) | (4,442) | (5,915) | |
Comprehensive Income ($ in thousands)
| 4/30/2020 | 4/30/2019 | 4/30/2018 | 4/30/2017 | 4/30/2016 | 4/30/2015 | 4/30/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (1,432) | (5,121) | (3,221) | (2,459) | (2,644) | (4,442) | (5,915) | |
| Comprehensive loss: | (1,432) | (5,121) | (3,221) | (2,459) | (2,644) | (4,442) | (5,915) | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (149) | (526) | 792 | (1,083) | (598) | (1,408) | (653) | |
| Comprehensive loss, net of tax, attributable to parent: | (1,581) | (5,647) | (2,429) | (3,541) | (3,242) | (5,850) | (6,568) | |
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.