Fision Corp (FSSN) financial statements (2020 and earlier)
Company profile
| Business Address |
1650 WEST END BOULEVARD MINNEAPOLIS, MN 55416 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| SIC | 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 2/28/2015 | 2/28/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 31 | 122 | 11 | 8 | 8 | ||||
| Cash and cash equivalents | 31 | 122 | 11 | 8 | 8 | ||||
| Receivables | 431 | 831 | 40 | ||||||
| Prepaid expense | 1,038 | 32 | 201 | 735 | 15 | ||||
| Other undisclosed current assets | 0 | 20 | 9 | 32 | |||||
| Total current assets: | 1,500 | 985 | 272 | 752 | 56 | ||||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 4 | 7 | 5 | 8 | 8 | ||||
| Intangible assets, net (including goodwill) | 14 | 14 | 132 | ✕ | |||||
| Goodwill | 14 | 14 | 132 | ||||||
| Other undisclosed noncurrent assets | 71 | 61 | 70 | 6 | 6 | ||||
| Total noncurrent assets: | 89 | 81 | 207 | 15 | 14 | ||||
| TOTAL ASSETS: | 1,589 | 1,066 | 479 | 767 | 70 | ||||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 0 | 856 | 771 | 185 | 4 | 5 | |||
| Accrued liabilities | 0 | 185 | 4 | 5 | |||||
| Other undisclosed accounts payable and accrued liabilities | 856 | 771 | |||||||
| Debt | 1,125 | 591 | 329 | ||||||
| Derivative instruments and hedges, liabilities | 1,481 | 1,244 | |||||||
| Due to related parties | 150 | 284 | 271 | 405 | 445 | 0 | 0 | ||
| Deferred revenue and credits | ✕ | ✕ | 10 | ||||||
| Customer advances and deposits | ✕ | ✕ | 249 | ✕ | |||||
| Other undisclosed current liabilities | 3,444 | 181 | 1,062 | 986 | |||||
| Total current liabilities: | 4,720 | 3,394 | 2,874 | 1,467 | 1,616 | 4 | 5 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 392 | 608 | 300 | ||||||
| Long-term debt, excluding current maturities | 392 | 608 | 300 | ||||||
| Liabilities, other than long-term debt | (12) | ||||||||
| Deferred revenue and credits | ✕ | ✕ | (12) | ||||||
| Other undisclosed noncurrent liabilities | 12 | ||||||||
| Total noncurrent liabilities: | 392 | 608 | 300 | ||||||
| Total liabilities: | 5,112 | 4,001 | 3,174 | 1,467 | 1,616 | 4 | 5 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | (3,523) | (2,936) | (2,695) | (701) | (1,546) | (4) | (5) | ||
| Common stock | 12 | 7 | 5 | 4 | 3 | 0 | 0 | ||
| Additional paid in capital | 23,986 | 19,572 | 15,822 | 12,734 | 9,072 | 23 | 19 | ||
| Accumulated deficit | (27,522) | (22,515) | (18,522) | (13,438) | (10,621) | (27) | (24) | ||
| Other undisclosed stockholders' equity attributable to parent | 0 | ||||||||
| Total stockholders' equity: | (3,523) | (2,936) | (2,695) | (701) | (1,546) | (4) | (5) | ||
| Other undisclosed liabilities and equity | (0) | ||||||||
| TOTAL LIABILITIES AND EQUITY: | 1,589 | 1,066 | 479 | 767 | 70 | ||||
Income statement (P&L) ($ in thousands)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 2/28/2015 | 2/28/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 490 | 505 | 558 | 425 | 605 | |||
| Cost of revenue (Cost of Goods and Services Sold) | (74) | (81) | (65) | (96) | (137) | |||
| Other undisclosed gross profit | 0 | |||||||
| Gross profit: | 416 | 424 | 493 | 329 | 468 | |||
| Operating expenses | (4,334) | (3,140) | (3,988) | (2,973) | (2,422) | (3) | (8) | |
| Other undisclosed operating loss | (0) | |||||||
| Operating loss: | (3,918) | (2,716) | (3,494) | (2,645) | (1,954) | (3) | (8) | |
| Nonoperating expense | (2,501) | (1,277) | (1,589) | (173) | ||||
| Debt instrument, convertible, beneficial conversion feature | 970 | |||||||
| Other nonoperating expense | (1,416) | (139) | (14) | |||||
| Interest and debt expense | 811 | (259) | (1,185) | (305) | ||||
| Loss from continuing operations before equity method investments, income taxes: | (5,608) | (4,252) | (6,268) | (2,818) | (2,259) | (3) | (8) | |
| Other undisclosed income from continuing operations before income taxes | 0 | |||||||
| Loss before gain (loss) on sale of properties: | (5,608) | (4,252) | (6,268) | (2,818) | (2,259) | (3) | (8) | |
| Other undisclosed net loss | (119) | |||||||
| Net loss: | (5,727) | (4,252) | (6,268) | (2,818) | (2,259) | (3) | (8) | |
| Other undisclosed net income (loss) attributable to parent | (638) | 259 | 1,185 | 0 | ||||
| Net loss available to common stockholders, diluted: | (6,365) | (3,993) | (5,084) | (2,818) | (2,259) | (3) | (8) | |
Comprehensive Income ($ in thousands)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 2/28/2015 | 2/28/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (5,727) | (4,252) | (6,268) | (2,818) | (2,259) | (3) | (8) | |
| Comprehensive loss, net of tax, attributable to parent: | (5,727) | (4,252) | (6,268) | (2,818) | (2,259) | (3) | (8) | |
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.