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 investments2,4331,8622,3492,0712,1602,8527,173
Cash and cash equivalents2,4331,8622,3492,0712,1602,8527,173
Receivables2,5541,8773,5092,1333,2093,3053,401
Prepaid expense327263191171185168162
Deferred costs130123     
Derivative instruments and hedges, assets61     
Total current assets:5,4504,1266,0494,3755,5546,32610,736
Noncurrent Assets
Operating lease, right-of-use asset1,370
Property, plant and equipment11260122126143272154
Intangible assets, net (including goodwill)6,5496,7667,0656,4417,0017,3118,019
Goodwill6,3236,5416,8446,4417,0017,3118,019
Intangible assets, net (excluding goodwill)226225221    
Deposits noncurrent assets829599919498125
Deferred costs 78     
Other noncurrent assets   200175216103
Other undisclosed noncurrent assets93      
Total noncurrent assets:8,2066,9987,2856,8587,4127,8978,401
TOTAL ASSETS:13,65611,12513,33411,23312,96614,22319,137
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:2,2322,2342,4381,8261,9432,3062,327
Accounts payable706739679    
Accrued liabilities613724800    
Employee-related liabilities547590744    
Other undisclosed accounts payable and accrued liabilities3651802151,8261,9432,3062,327
Deferred revenue3,782
Derivative instruments and hedges, liabilities1405     
Liability for uncertainty in income taxes101010    
Due to related parties4,000      
Deferred revenue and credits2,5662,1351,8091,8671,626
Customer advances and deposits262 
Other undisclosed current liabilities3352,6375354617379
Total current liabilities:10,4994,8855,0694,0213,8164,2464,031
Noncurrent Liabilities
Long-term debt and lease obligation1,103      
Operating lease, liability1,103
Liabilities, other than long-term debt (7)23233548 
Deferred revenue and credits14233548 
Accounts payable and accrued liabilities (11)9    
Deferred lease income, after accumulated amortization 4
Other undisclosed noncurrent liabilities(1,093)3,021110111126
Total noncurrent liabilities:1,1123,0142433465826
Total liabilities:11,6127,8995,0934,0543,8624,3044,057
Stockholders' equity
Stockholders' equity attributable to parent2,0443,2268,2417,1799,1049,91915,080
Common stock666554243
Treasury stock, value   (0) (0)(0)
Additional paid in capital76,06775,66875,17071,68170,06567,60066,911
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:2,0443,2268,2417,1799,1049,91915,080
TOTAL LIABILITIES AND EQUITY:13,65611,12513,33411,23312,96614,22319,137

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
Revenues12,10110,76512,38210,68611,08112,00311,682
Revenue, net6,0435,2365,0504,8524,647
Cost of revenue(2,125)(2,224)(1,630)(1,730)(1,667)(2,222)(2,231)
Gross profit:9,9768,54110,7528,9569,4149,7819,451
Operating expenses(12,901)(15,932)(15,176)(13,639)(13,923)(17,349)(16,886)
Other undisclosed operating income2,1252,2241,6301,7301,6672,2222,231
Operating loss:(800)(5,167)(2,794)(2,954)(2,842)(5,346)(5,204)
Nonoperating income (expense)(297)153(427)49820022(671)
Investment income, nonoperating1120052265
Foreign currency transaction gain (loss), before tax169257(427)498195 (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 parent3351070 (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.

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