Cuentas, Inc. (CUEN) financial statements (2023 and earlier)
Company profile
| Business Address |
235 LINCOLN ROAD MIAMI BEACH, FL 33139 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| SIC | 514 - Groceries And Related Products (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 9/30/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 230 | 17 | 233 | 93 | 256 | ||||
| Cash and cash equivalents | 227 | 16 | 154 | 93 | 256 | ||||
| Short-term investments | 3 | 1 | 79 | ||||||
| Receivables | 54 | 54 | 3,673 | 7,659 | 46 | ||||
| Disposal group, including discontinued operation | 226 | ||||||||
| Deposits current assets | 25 | ||||||||
| Other current assets | 12 | 94 | 127 | ||||||
| Other undisclosed current assets | 183 | 48 | 96 | ||||||
| Total current assets: | 296 | 165 | 4,033 | 7,935 | 601 | 96 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 4 | 5 | 13 | 5 | 5 | 3 | |||
| Intangible assets, net (including goodwill) | 7,200 | 9,000 | 1,924 | 4,269 | |||||
| Goodwill | 1,334 | ||||||||
| Intangible assets, net (excluding goodwill) | 7,200 | 9,000 | 1,924 | 2,936 | |||||
| Other undisclosed noncurrent assets | 286 | 113 | |||||||
| Total noncurrent assets: | 7,204 | 9,005 | 1,937 | 4,560 | 118 | 3 | |||
| TOTAL ASSETS: | 7,500 | 9,170 | 5,970 | 12,495 | 719 | 99 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 2,354 | 1,525 | 3,184 | 7,030 | 1,331 | 16 | |||
| Accounts payable | 2,354 | 1,525 | 3,184 | 5,068 | 851 | ||||
| Accrued liabilities | 700 | 134 | 10 | ||||||
| Employee-related liabilities | 329 | 136 | 341 | ||||||
| Interest and dividends payable | 41 | 210 | |||||||
| Settlement liabilities | 892 | ||||||||
| Other undisclosed accounts payable and accrued liabilities | (336) | ||||||||
| Deferred revenue | 652 | 537 | ✕ | ✕ | ✕ | ✕ | |||
| Debt | 93 | 109 | 110 | 146 | 1,151 | 226 | |||
| Deferred compensation liability | 102 | 742 | 225 | 2,963 | |||||
| Derivative instruments and hedges, liabilities | 3 | 574 | 1,210 | 1,875 | |||||
| Due to related parties | 365 | 10 | 4,919 | 3,033 | 3,156 | ||||
| Disposal group, including discontinued operation | 2,437 | ||||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 686 | ||||
| Deferred tax liabilities | ✕ | ✕ | ✕ | (1,087) | |||||
| Customer advances and deposits | ✕ | ✕ | ✕ | ✕ | 716 | ||||
| Other liabilities | 2,195 | 741 | 2,560 | ||||||
| Other undisclosed current liabilities | 719 | 250 | 583 | 1,666 | 323 | 352 | |||
| Total current liabilities: | 6,480 | 3,917 | 11,581 | 15,011 | 10,324 | 2,469 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 839 | 2,656 | |||||||
| Due to related parties | 806 | 2,536 | |||||||
| Other liabilities | 120 | ||||||||
| Derivative instruments and hedges, liabilities | 33 | ||||||||
| Other undisclosed noncurrent liabilities | 89 | ||||||||
| Total noncurrent liabilities: | 89 | 839 | 2,656 | ||||||
| Total liabilities: | 6,569 | 3,917 | 12,420 | 17,666 | 10,324 | 2,469 | |||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 931 | 5,871 | (5,798) | (4,542) | (6,448) | (2,370) | |||
| Preferred stock | 60 | ||||||||
| Common stock | 11 | 5 | 2 | 342 | 249 | 18 | |||
| Common stock, share subscribed but unissued, subscriptions receivable | 400 | ||||||||
| Common stock, value, subscriptions | 100 | ||||||||
| Additional paid in capital | 28,411 | 25,246 | 12,160 | 9,214 | 6,792 | 1,681 | |||
| Accumulated other comprehensive loss | (300) | ||||||||
| Accumulated deficit | (27,491) | (19,390) | (18,070) | (14,208) | (13,499) | (4,128) | |||
| Other undisclosed stockholders' equity attributable to parent | 10 | 10 | 10 | 10 | |||||
| Stockholders' equity attributable to noncontrolling interest | (618) | (652) | (630) | (3,157) | |||||
| Total stockholders' equity: | 931 | 5,253 | (6,450) | (5,172) | (9,605) | (2,370) | |||
| TOTAL LIABILITIES AND EQUITY: | 7,500 | 9,170 | 5,970 | 12,495 | 719 | 99 | |||
Income statement (P&L) ($ in thousands)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 9/30/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 558 | 967 | 74,650 | 53,793 | 1,028 | 5 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 52,773 | 1,011 | ||
| Revenue from related parties | 49,667 | ✕ | ✕ | ✕ | ||||
| Cost of revenue | (697) | (808) | (74,177) | (51,399) | (1,059) | (15) | ||
| Cost of goods and services sold | (697) | (808) | (51,399) | (1,059) | ||||
| Gross profit: | (139) | 159 | 473 | 2,394 | (31) | (10) | ||
| Operating expenses | (7,640) | (2,305) | (5,686) | (3,956) | (7,847) | (469) | ||
| Operating loss: | (7,779) | (2,146) | (5,213) | (1,562) | (7,877) | (479) | ||
| Nonoperating income (expense) | 296 | 860 | 1,628 | 78 | (535) | (1,346) | ||
| Other nonoperating income (expense) | 98 | 2,482 | 1,628 | 78 | (535) | (1,346) | ||
| Interest and debt expense | (108) | (1,092) | (10) | 880 | (1,555) | (211) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 211 | |||||||
| Loss from continuing operations before equity method investments, income taxes: | (7,591) | (2,378) | (3,595) | (603) | (9,967) | (1,825) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 10 | (1,208) | (75) | |||||
| Loss from continuing operations before income taxes: | (7,591) | (2,378) | (3,585) | (1,812) | (10,041) | (1,825) | ||
| Income tax benefit | 1,087 | |||||||
| Loss before gain (loss) on sale of properties: | (7,591) | (2,378) | (3,585) | (725) | (10,041) | (1,825) | ||
| Other undisclosed net income | 108 | 1,092 | 16 | |||||
| Net loss: | (7,483) | (1,286) | (3,585) | (708) | (10,041) | (1,825) | ||
| Net income (loss) attributable to noncontrolling interest | (618) | (34) | 23 | |||||
| Other undisclosed net income (loss) attributable to parent | (16) | 599 | ||||||
| Net loss available to common stockholders, diluted: | (8,101) | (1,320) | (3,562) | (725) | (9,442) | (1,825) | ||
Comprehensive Income ($ in thousands)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 9/30/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (7,483) | (1,286) | (3,585) | (708) | (10,041) | (1,825) | ||
| Other undisclosed comprehensive income | 300 | |||||||
| Comprehensive loss: | (7,483) | (1,286) | (3,285) | (708) | (10,041) | (1,825) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (618) | (34) | 23 | 16 | ||||
| Comprehensive loss, net of tax, attributable to parent: | (8,101) | (1,320) | (3,262) | (692) | (10,041) | (1,825) | ||
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.