Fision Corp (FSSN) financial statements (2021 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)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 15122118
Cash and cash equivalents 15122118
Receivables 1083140 
Prepaid expense 53332201735
Other undisclosed current assets  0209
Total current assets: 557985272752
Noncurrent Assets
Property, plant and equipment 3758
Intangible assets, net (including goodwill) 1414132 
Goodwill 1414132 
Other undisclosed noncurrent assets 6861706
Total noncurrent assets: 858120715
TOTAL ASSETS: 6431,066479767
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 2,155856771 
Accrued liabilities 53   
Other undisclosed accounts payable and accrued liabilities 2,102856771 
Debt 1,029591329 
Derivative instruments and hedges, liabilities 4,1571,4811,244 
Due to related parties 229284271405
Deferred revenue and credits10 
Customer advances and deposits249 
Other undisclosed current liabilities 63181 1,062
Total current liabilities: 7,6323,3942,8741,467
Noncurrent Liabilities
Long-term debt and lease obligation 701608300 
Long-term debt, excluding current maturities 701608300 
Liabilities, other than long-term debt   (12) 
Deferred revenue and credits(12) 
Other undisclosed noncurrent liabilities   12 
Total noncurrent liabilities: 701608300 
Other undisclosed liabilities (0)   
Total liabilities: 8,3334,0013,1741,467
Stockholders' equity
Stockholders' equity attributable to parent, including: (7,690)(2,936)(2,695)(701)
Common stock 14754
Additional paid in capital 24,10819,57215,82212,734
Accumulated deficit (31,812)(22,515)(18,522)(13,438)
Other undisclosed stockholders' equity attributable to parent    0
Total stockholders' equity: (7,690)(2,936)(2,695)(701)
Other undisclosed liabilities and equity    (0)
TOTAL LIABILITIES AND EQUITY: 6431,066479767

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

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues 563505558425
Other income 135   
Cost of revenue (78)(81)(65)(96)
Cost of goods and services sold  (81)(65)(96)
Other undisclosed gross profit    0
Gross profit: 484424493329
Operating expenses (3,870)(3,140)(3,988)(2,973)
Other undisclosed operating loss    (0)
Operating loss: (3,385)(2,716)(3,494)(2,645)
Nonoperating expense (5,912)(1,277)(1,589)(173)
Interest and debt expense (210)(259)(1,185) 
Loss from continuing operations before equity method investments, income taxes: (9,507)(4,252)(6,268)(2,818)
Other undisclosed income from continuing operations before income taxes    0
Net loss: (9,507)(4,252)(6,268)(2,818)
Other undisclosed net income attributable to parent 2102591,1850
Net loss available to common stockholders, basic: (9,297)(3,993)(5,084)(2,818)
Interest on convertible debt (46)   
Net loss available to common stockholders, diluted: (9,343)(3,993)(5,084)(2,818)

Comprehensive Income ($ in thousands)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net loss: (9,507)(4,252)(6,268)(2,818)
Comprehensive loss, net of tax, attributable to parent: (9,507)(4,252)(6,268)(2,818)

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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