Corporate Resource Services Inc (CRRS) Financial Statements (2023 and Earlier)

Company Profile

Business Address 160 BROADWAY, 13TH FLOOR
NEW YORK, NY 10038
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 7363 - Help Supply Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

12/31/2013
9/30/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3226
Cash and cash equivalents3226
Receivables109,88921,846
Prepaid expense and other current assets252
Deferred tax assets29 
Other current assets1,220
Other undisclosed current assets(29)7,958
Total current assets:111,14130,082
Noncurrent Assets
Property, plant and equipment1,2851,033
Long-term investments and receivables1,952 
Long-term investments1,952 
Intangible assets, net (including goodwill)28,22816,389
Goodwill19,68210,393
Intangible assets, net (excluding goodwill)8,5465,996
Other noncurrent assets520
Prepaid expense and other noncurrent assets341
Deferred tax assets, net(29) 
Other undisclosed noncurrent assets29 
Total noncurrent assets:31,98517,763
TOTAL ASSETS:143,12647,845
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:7,5785,706
Accounts payable2,128 
Accrued liabilities440 
Taxes payable1,612 
Other undisclosed accounts payable and accrued liabilities3,3985,706
Debt3,7592,105
Due to related parties748 
Deferred revenue and credits348 
Other liabilities2,845 
Other undisclosed current liabilities80,37422,879
Total current liabilities:95,65230,690
Noncurrent Liabilities
Long-term debt and lease obligation1,0692,256
Long-term debt, excluding current maturities1,0692,256
Liabilities, other than long-term debt15,036160
Deferred revenue and credits 160
Due to related parties15,000 
Other liabilities36 
Other undisclosed noncurrent liabilities4,495 
Total noncurrent liabilities:20,6002,416
Total liabilities:116,25233,106
Stockholders' equity
Stockholders' equity attributable to parent, including:26,87414,739
Additional paid in capital31,76022,543
Accumulated other comprehensive income74 
Accumulated deficit(4,976)(7,818)
Other undisclosed stockholders' equity attributable to parent1614
Total stockholders' equity:26,87414,739
TOTAL LIABILITIES AND EQUITY:143,12647,845

Income Statement (P&L) ($ in thousands)

12/31/2013
9/30/2012
Revenues
(Revenue, Net)
819,673639,795
Cost of revenue(723,297)(27,476)
Cost of goods and services sold(6,064)(27,476)
Other undisclosed gross profit (537,552)
Gross profit:96,37674,767
Operating expenses(32,389)(30,113)
Other undisclosed operating loss(53,380)(42,505)
Operating income:10,6072,149
Nonoperating expense
(Other Nonoperating expense)
(140)(544)
Interest and debt expense(4,446)(4,102)
Other undisclosed loss from continuing operations before equity method investments, income taxes(2,663) 
Income (loss) from continuing operations before equity method investments, income taxes:3,358(2,497)
Other undisclosed income from continuing operations before income taxes30 
Income (loss) from continuing operations before income taxes:3,388(2,497)
Income tax expense(612) 
Net income (loss):2,776(2,497)
Other undisclosed net loss attributable to parent (877)
Net income (loss) available to common stockholders, diluted:2,776(3,374)

Comprehensive Income ($ in thousands)

12/31/2013
9/30/2012
Net income (loss):2,776(2,497)
Comprehensive income (loss):2,776(2,497)
Other undisclosed comprehensive income, net of tax, attributable to parent74 
Comprehensive income (loss), net of tax, attributable to parent:2,850(2,497)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: