DecisionPoint Systems, Inc. (DPSI) financial statements (2023 and earlier)
Company profile
| Business Address |
8697 RESEARCH DRIVE IRVINE, CA 92618 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 737 - Computer Programming, Data Processing, And Other Computer Related Services (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 1,616 | 641 | 1,103 | ||
| Cash and cash equivalents | 1,616 | 641 | 1,103 | ||
| Receivables | 11,497 | 10,692 | 12,489 | ||
| Inventory, net of allowances, customer advances and progress billings | 2,035 | 1,533 | 811 | ||
| Inventory | 2,035 | 1,533 | 811 | ||
| Prepaid expense | 81 | 188 | ✕ | ||
| Deferred costs | 3,177 | 3,809 | 3,955 | ||
| Prepaid expense and other current assets | ✕ | ✕ | 302 | ||
| Other undisclosed current assets | 21 | 49 | 48 | ||
| Total current assets: | 18,427 | 16,912 | 18,708 | ||
| Noncurrent Assets | |||||
| Property, plant and equipment | 145 | 136 | 179 | ||
| Intangible assets, net (including goodwill) | 10,247 | 12,302 | 14,594 | ||
| Goodwill | 8,202 | 8,395 | 8,571 | ||
| Intangible assets, net (excluding goodwill) | 2,045 | 3,907 | 6,023 | ||
| Deferred costs | 1,314 | 1,807 | 2,124 | ||
| Other noncurrent assets | 124 | 165 | ✕ | ||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | 205 | ||
| Total noncurrent assets: | 11,830 | 14,410 | 17,102 | ||
| TOTAL ASSETS: | 30,257 | 31,322 | 35,810 | ||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 14,945 | 12,844 | 14,268 | ||
| Accounts payable | 10,000 | 9,774 | 11,080 | ||
| Accrued liabilities | 2,755 | 2,976 | 2,895 | ||
| Employee-related liabilities | 1,778 | ||||
| Taxes payable | 396 | 94 | 293 | ||
| Interest and dividends payable | 16 | ||||
| Debt | 5,811 | (1,086) | (1,800) | ||
| Due to related parties | 73 | 77 | 1 | ||
| Deferred revenue and credits | 6,918 | 7,481 | 7,409 | ||
| Customer advances and deposits | 131 | ✕ | ✕ | ||
| Other undisclosed current liabilities | (1,508) | 7,471 | 7,923 | ||
| Total current liabilities: | 26,370 | 26,787 | 27,801 | ||
| Noncurrent Liabilities | |||||
| Long-term debt and lease obligation | 1,580 | 1,961 | 2,922 | ||
| Long-term debt, excluding current maturities | 1,580 | 1,961 | 2,922 | ||
| Liabilities, other than long-term debt | 2,536 | 3,298 | 4,041 | ||
| Deferred revenue and credits | 2,015 | 2,481 | 2,883 | ||
| Deferred tax liabilities, net | 460 | 740 | 1,078 | ||
| Other liabilities | 61 | 77 | 80 | ||
| Other undisclosed noncurrent liabilities | 684 | 149 | 159 | ||
| Total noncurrent liabilities: | 4,800 | 5,408 | 7,122 | ||
| Total liabilities: | 31,170 | 32,195 | 34,923 | ||
| Stockholders' equity | |||||
| Stockholders' equity attributable to parent | (913) | (873) | 887 | ||
| Preferred stock | 12,822 | 12,193 | 7,370 | ||
| Common stock | 13 | 13 | 9 | ||
| Treasury stock, value | (205) | (205) | (205) | ||
| Additional paid in capital | 17,252 | 17,231 | 16,132 | ||
| Accumulated other comprehensive income (loss) | (19) | (1) | 22 | ||
| Accumulated deficit | (30,292) | (29,475) | (21,674) | ||
| Unearned esop shares | (484) | (629) | (767) | ||
| Total stockholders' equity: | (913) | (873) | 887 | ||
| TOTAL LIABILITIES AND EQUITY: | 30,257 | 31,322 | 35,810 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|
| Revenues (Revenue, Net) | 64,546 | 60,692 | 71,501 | |
| Cost of revenue (Cost of Goods and Services Sold) | (50,372) | (47,965) | (55,949) | |
| Gross profit: | 14,174 | 12,727 | 15,552 | |
| Operating expenses | (14,996) | (18,566) | (18,836) | |
| Other undisclosed operating income | 1,751 | 1,048 | 175 | |
| Operating income (loss): | 929 | (4,791) | (3,109) | |
| Nonoperating income (expense) | 602 | (626) | (882) | |
| Interest and debt expense | 867 | (959) | (998) | |
| Income (loss) from continuing operations before equity method investments, income taxes: | 2,398 | (6,376) | (4,989) | |
| Other undisclosed income (loss) from continuing operations before income taxes | (2,071) | 959 | 998 | |
| Income (loss) from continuing operations before income taxes: | 327 | (5,417) | (3,991) | |
| Income tax benefit | 197 | 199 | 125 | |
| Net income (loss) attributable to parent: | 524 | (5,218) | (3,866) | |
| Preferred stock dividends and other adjustments | (108) | (108) | (954) | |
| Other undisclosed net loss available to common stockholders, basic | (1,233) | (2,475) | ||
| Net loss available to common stockholders, diluted: | (817) | (7,801) | (4,820) | |
Comprehensive Income ($ in thousands)
| 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|
| Net income (loss): | 524 | (5,218) | (3,866) | |
| Comprehensive income (loss): | 524 | (5,218) | (3,866) | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (18) | (23) | 22 | |
| Comprehensive income (loss), net of tax, attributable to parent: | 506 | (5,241) | (3,844) | |
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.