ENGlobal Corporation (ENG) financial statements (2022 and earlier)
Company profile
| Business Address |
11740 KATY FWY HOUSTON, TX 77079 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| SIC | 8711 - Engineering Services (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 19,202 | 13,706 | 8,307 | 6,060 | 8,988 | 15,687 | 7,806 | ||
| Cash and cash equivalents | 19,202 | 13,706 | 8,307 | 6,060 | 8,988 | 15,687 | 7,806 | ||
| Receivables | 7,692 | 7,837 | 11,508 | 10,373 | 9,114 | 10,674 | 24,248 | ||
| Prepaid expense | 917 | 843 | 816 | 934 | |||||
| Contract with customer, asset | 4,177 | 4,090 | 3,862 | 3,175 | ✕ | ✕ | ✕ | ||
| Costs in excess of billings | ✕ | ✕ | ✕ | ✕ | 5,273 | 2,434 | 4,062 | ||
| Other undisclosed current assets | 3,106 | 1,654 | 1,021 | 1,308 | |||||
| Total current assets: | 35,094 | 26,476 | 24,493 | 20,542 | 25,029 | 29,816 | 37,424 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 1,698 | 1,263 | 1,033 | 677 | 1,027 | 1,194 | 2,145 | ||
| Intangible assets, net (including goodwill) | 720 | 720 | 720 | 720 | 2,806 | (184) | 3,037 | ||
| Goodwill | 720 | 720 | 720 | 720 | 2,806 | 2,806 | 2,806 | ||
| Intangible assets, net (excluding goodwill) | (2,990) | 231 | |||||||
| Other noncurrent assets | 4,557 | 1,979 | 2,440 | 367 | 390 | 412 | 688 | ||
| Other undisclosed noncurrent assets | 13,198 | 8,906 | |||||||
| Total noncurrent assets: | 6,975 | 3,962 | 4,193 | 1,764 | 4,223 | 14,620 | 14,776 | ||
| TOTAL ASSETS: | 42,069 | 30,438 | 28,686 | 22,306 | 29,252 | 44,436 | 52,200 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 4,710 | 5,186 | 6,044 | 5,473 | 5,781 | 4,975 | 6,268 | ||
| Accounts payable | 2,001 | 2,138 | 3,261 | 3,172 | 3,742 | 2,876 | 3,182 | ||
| Accrued liabilities | 491 | ||||||||
| Employee-related liabilities | 2,183 | 3,048 | 2,783 | 2,301 | 2,039 | 2,099 | 3,086 | ||
| Taxes payable | 35 | ||||||||
| Deferred revenue | 2,054 | 1,258 | 200 | ✕ | ✕ | ✕ | ✕ | ||
| Debt | 236 | 3,827 | 1,041 | ||||||
| Billings in excess of cost | ✕ | ✕ | ✕ | ✕ | 1,334 | 1,371 | |||
| Contract with customer, liability | ✕ | ✕ | ✕ | 604 | ✕ | ✕ | ✕ | ||
| Other liabilities | 667 | 745 | 681 | 740 | 1,067 | 1,270 | 1,690 | ||
| Other undisclosed current liabilities | 1,164 | 1,421 | 5,238 | 3,912 | |||||
| Total current liabilities: | 8,831 | 12,437 | 13,204 | 6,817 | 8,182 | 7,616 | 11,870 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,035 | 3,341 | 1,458 | 1 | 14 | 318 | |||
| Long-term debt, excluding current maturities | 1,035 | 2,733 | |||||||
| Finance lease, liability | 322 | ✕ | ✕ | ✕ | ✕ | ||||
| Capital lease obligations | ✕ | ✕ | ✕ | 1 | 14 | 318 | |||
| Operating lease, liability | 286 | 1,458 | ✕ | ✕ | ✕ | ✕ | |||
| Liabilities, other than long-term debt | (173) | ||||||||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | (173) | |||||
| Other undisclosed noncurrent liabilities | 4,012 | 751 | 173 | ||||||
| Total noncurrent liabilities: | 5,047 | 4,378 | 1,458 | 1 | 14 | 318 | |||
| Total liabilities: | 13,878 | 16,815 | 14,662 | 6,817 | 8,183 | 7,630 | 12,188 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 28,191 | 13,623 | 14,024 | 15,489 | 21,069 | 36,806 | 40,012 | ||
| Common stock | 35 | 28 | 27 | 27 | 27 | 27 | 28 | ||
| Additional paid in capital | 57,403 | 37,157 | 36,934 | 36,934 | 36,843 | 36,322 | 37,185 | ||
| Retained earnings (accumulated deficit) | (29,247) | (23,562) | (22,937) | (21,472) | (15,801) | 457 | 2,799 | ||
| Total stockholders' equity: | 28,191 | 13,623 | 14,024 | 15,489 | 21,069 | 36,806 | 40,012 | ||
| TOTAL LIABILITIES AND EQUITY: | 42,069 | 30,438 | 28,686 | 22,306 | 29,252 | 44,436 | 52,200 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 36,410 | 64,449 | 56,446 | 53,996 | 55,765 | 59,224 | 79,605 | |
| Cost of revenue (Cost of Goods and Services Sold) | (37,053) | (55,998) | (48,530) | (47,063) | (49,327) | (49,112) | (63,337) | |
| Gross profit: | (643) | 8,451 | 7,916 | 6,933 | 6,438 | 10,112 | 16,268 | |
| Operating expenses | (12,833) | (8,834) | (9,317) | (12,116) | (12,581) | (13,350) | (14,168) | |
| Operating income (loss): | (13,476) | (383) | (1,401) | (5,183) | (6,143) | (3,238) | 2,100 | |
| Nonoperating income (expense) | 8,063 | 14 | 49 | (356) | (104) | (173) | 357 | |
| Foreign currency transaction gain, before tax | 4,974 | |||||||
| Interest and debt expense | (212) | (153) | (31) | (22) | (38) | |||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 76 | 80 | (135) | |||||
| Income (loss) from continuing operations before income taxes: | (5,625) | (522) | (1,383) | (5,561) | (6,171) | (3,369) | 2,322 | |
| Income tax expense (benefit) | (60) | (103) | (83) | (110) | 10,087 | (1,027) | 8,214 | |
| Net income (loss): | (5,685) | (625) | (1,466) | (5,671) | 3,916 | (4,396) | 10,536 | |
| Other undisclosed net income (loss) attributable to parent | (20,174) | 2,054 | ||||||
| Net income (loss) available to common stockholders, diluted: | (5,685) | (625) | (1,466) | (5,671) | (16,258) | (2,342) | 10,536 | |
Comprehensive Income ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (5,685) | (625) | (1,466) | (5,671) | 3,916 | (4,396) | 10,536 | |
| Other comprehensive income | 10,536 | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (5,685) | (625) | (1,466) | (5,671) | 3,916 | (4,396) | 21,072 | |
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.