Fusion Connect, Inc. (FSNN) financial statements (2020 and earlier)

Company profile

Business Address 420 LEXINGTON AVENUE
NEW YORK, NY 10170
State of Incorp. DE
Fiscal Year End December 31
SIC 7372 - Prepackaged Software (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments378661
Cash and cash equivalents378661
Restricted cash and investments0001  
Receivables(1)(0)(0)(0)(0)(1)
Prepaid expense21213
Intangible current assets00 2
Prepaid expense and other current assets0
Other undisclosed current assets1397464
Total current assets:18181714155
Noncurrent Assets
Property, plant and equipment1314 13112
Intangible assets, net (including goodwill)919973434018
Goodwill3536271052
Intangible assets, net (excluding goodwill)566446323515
Other undisclosed noncurrent assets112(11)(8)(0)
Total noncurrent assets:10411475464320
Other undisclosed assets  1413112
TOTAL ASSETS:122132106746927
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:252013101111
Accounts payable9613  
Accrued liabilities32233 
Employee-related liabilities00100 
Taxes payable4331  
Interest and dividends payable0000  
Other undisclosed accounts payable and accrued liabilities8772811
Debt731110
Due to related parties  0   
Disposal group, including discontinued operation    00
Deferred revenue and credits   10 
Other liabilities01    
Other undisclosed current liabilities111(0)12
Total current liabilities:332415121313
Noncurrent Liabilities
Long-term debt and lease obligation  25   
Long-term debt, excluding current maturities  25   
Liabilities, other than long-term debt, including:211400
Due to related parties1 0  4
Other liabilities01    
Derivative instruments and hedges, liabilities1014111
Other undisclosed liabilities, other than long-term debt    (10)(5)
Other undisclosed noncurrent liabilities889750444920
Total noncurrent liabilities:909976484920
Total liabilities:12312391606233
Stockholders' equity
Stockholders' equity attributable to parent, including:(1)914137(6)
Additional paid in capital196192185176164147
Accumulated deficit(197)(183)(171)(162)(160)(155)
Other undisclosed stockholders' equity attributable to parent000032
Stockholders' equity attributable to noncontrolling interest(0)     
Total stockholders' equity:(1)914137(6)
TOTAL LIABILITIES AND EQUITY:122132106746927

Income statement (P&L) ($ in millions)

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues151122102926144
Cost of revenue(83)(68)(57)(50)(43)(38)
Gross profit:67544542197
Operating expenses(73)(62)(54)(44)(22)(11)
Operating loss:(5)(8)(9)(2)(4)(5)
Nonoperating expense(9)(6)(7)(1)(4)(1)
Investment income, nonoperating 0   (1)
Other nonoperating income (expense)(9)(7)(7)(1)(4)0
Interest and debt expense(0)(0)(0)(0)(4)(1)
Loss from continuing operations before equity method investments, income taxes:(14)(14)(16)(3)(12)(6)
Other undisclosed income (loss) from continuing operations before income taxes0(0)007 
Loss from continuing operations before income taxes:(14)(14)(16)(3)(5)(6)
Income tax expense (benefit)(0)(2)(8)(0)(0)1
Other undisclosed income from continuing operations0     
Loss from continuing operations:(14)(16)(24)(3)(5)(5)
Income from discontinued operations     0
Net loss:(14)(16)(24)(3)(5)(5)
Net income attributable to noncontrolling interest0     
Other undisclosed net income (loss) attributable to parent(0)315  (0)
Net loss attributable to parent:(14)(13)(8)(3)(5)(5)
Preferred stock dividends and other adjustments(2)(2)(2)(2)(0)0
Other undisclosed net income (loss) available to common stockholders, basic0    (1)
Net loss available to common stockholders, basic:(16)(15)(10)(4)(5)(6)
Other undisclosed net income available to common stockholders, diluted  11   
Net income (loss) available to common stockholders, diluted:(16)(15)1(4)(5)(6)

Comprehensive Income ($ in millions)

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net loss:(14)(16)(24)(3)(5)(5)
Comprehensive loss:(14)(16)(24)(3)(5)(5)
Comprehensive income, net of tax, attributable to noncontrolling interest0     
Comprehensive loss, net of tax, attributable to parent:(14)(16)(24)(3)(5)(5)

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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