Glu Mobile Inc. (GLUU) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
875 HOWARD STREET, SUITE 100 SAN FRANCISCO, CA 94103 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7371 - Computer Programming Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 127,053 | 97,834 | 63,764 | 102,102 | 180,542 | 70,912 | |||
| Cash and cash equivalents | 127,053 | 97,834 | 63,764 | 102,102 | 180,542 | 70,912 | |||
| Restricted cash and investments | 110 | 602 | |||||||
| Receivables | 29,304 | 27,325 | 34,673 | 21,477 | 17,956 | 32,231 | |||
| Prepaid expense | 15,347 | 8,520 | 8,263 | 16,542 | 27,454 | 3,816 | |||
| Deferred costs | 29,239 | 25,862 | 20,446 | 11,571 | 7,675 | 9,776 | |||
| Deposits current assets | 5,464 | ||||||||
| Other undisclosed current assets | 13,696 | 11,350 | 4,364 | 3,338 | 3,427 | 4,660 | |||
| Total current assets: | 214,639 | 171,001 | 137,576 | 155,030 | 237,054 | 121,395 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 35,170 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 17,643 | 13,888 | 14,630 | 5,640 | 5,447 | 6,116 | |||
| Intangible assets, net (including goodwill) | 120,985 | 125,372 | 134,491 | 142,728 | 110,657 | 115,488 | |||
| Goodwill | 116,227 | 116,227 | 116,227 | 116,832 | 87,890 | 87,964 | |||
| Intangible assets, net (excluding goodwill) | 4,758 | 9,145 | 18,264 | 25,896 | 22,767 | 27,524 | |||
| Other noncurrent assets | 2,733 | 2,505 | 3,299 | 3,506 | 1,386 | 6,674 | |||
| Other undisclosed noncurrent assets | 26,879 | 1,667 | 9,302 | 32,600 | 48,442 | 1,990 | |||
| Total noncurrent assets: | 203,410 | 143,432 | 161,722 | 184,474 | 165,932 | 130,268 | |||
| TOTAL ASSETS: | 418,049 | 314,433 | 299,298 | 339,504 | 402,986 | 251,663 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 28,795 | 29,760 | 42,960 | 30,581 | 18,482 | 26,248 | |||
| Employee-related liabilities | 11,260 | 17,896 | 20,603 | 12,495 | 7,100 | 10,751 | |||
| Accounts payable | 16,892 | 10,480 | 21,203 | 16,298 | 9,386 | 11,685 | |||
| Accrued liabilities | 643 | 1,384 | 1,154 | 1,788 | 1,996 | 3,812 | |||
| Deferred revenue | 97,629 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Debt | 3,528 | ||||||||
| Restructuring reserve | 294 | 759 | 271 | ||||||
| Liability for uncertainty in income taxes | 329 | ||||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 77,403 | 44,865 | 31,112 | 37,333 | ||
| Contract with customer, liability | ✕ | ✕ | 85,736 | ✕ | ✕ | ✕ | ✕ | ||
| Other undisclosed current liabilities | 20,802 | 14,139 | 11,782 | 8,623 | 21,032 | 12,111 | |||
| Total current liabilities: | 150,754 | 129,929 | 132,904 | 84,340 | 70,626 | 76,021 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 37,351 | ||||||||
| Liabilities, other than long-term debt, including: | 15 | 5,542 | 5,234 | 1,514 | 1,585 | 3,936 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 4,850 | 619 | 692 | |||
| Deferred rent credit | 5,164 | ✕ | ✕ | ✕ | ✕ | ||||
| Deferred tax liabilities, net | ✕ | ✕ | 842 | ||||||
| Liability for uncertainty in income taxes | 718 | 567 | 977 | ||||||
| Other liabilities | 177 | 326 | 246 | ||||||
| Operating lease, liability | 37,351 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed liabilities, other than long-term debt | 15 | 378 | 384 | 1,871 | |||||
| Other undisclosed noncurrent liabilities | 26,842 | 1,649 | 7,300 | 20,836 | 24,347 | ||||
| Total noncurrent liabilities: | 64,208 | 7,191 | 12,534 | 22,350 | 25,932 | 3,936 | |||
| Total liabilities: | 214,962 | 137,120 | 145,438 | 106,690 | 96,558 | 79,957 | |||
| Equity | |||||||||
| Equity, attributable to parent | 203,087 | 177,313 | 153,860 | 232,814 | 306,428 | 171,706 | |||
| Common stock | 15 | 14 | 14 | 13 | 13 | 11 | |||
| Additional paid in capital | 634,721 | 617,781 | 589,962 | 571,243 | 557,748 | 415,766 | |||
| Accumulated other comprehensive income (loss) | (37) | 1 | (6) | 246 | (85) | (8) | |||
| Accumulated deficit | (431,612) | (440,483) | (436,110) | (338,688) | (251,248) | (244,063) | |||
| Total equity: | 203,087 | 177,313 | 153,860 | 232,814 | 306,428 | 171,706 | |||
| TOTAL LIABILITIES AND EQUITY: | 418,049 | 314,433 | 299,298 | 339,504 | 402,986 | 251,663 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 411,381 | 366,561 | 286,827 | 200,581 | 249,900 | 223,146 | ||
| Revenue, net | ✕ | ✕ | ✕ | 286,827 | 200,581 | 249,900 | 223,146 | |
| Cost of revenue | (145,499) | (138,275) | (141,153) | (120,138) | (107,737) | (85,759) | ||
| Other cost of operating revenue | (140,655) | (128,445) | (103,499) | (75,239) | (98,184) | (80,992) | ||
| Gross profit: | 265,882 | 228,286 | 145,674 | 80,443 | 142,163 | 137,387 | ||
| Operating expenses | (258,641) | (240,701) | (237,220) | (162,433) | (148,464) | (135,322) | ||
| Operating income (loss): | 7,241 | (12,415) | (91,546) | (81,990) | (6,301) | 2,065 | ||
| Nonoperating income (expense) | 2,101 | (235) | (6,850) | (5,751) | (743) | (1,472) | ||
| Investment income, nonoperating | (6,468) | |||||||
| Loss, foreign currency transaction, before tax | (20) | (1,495) | ||||||
| Other nonoperating expense | (5,749) | (792) | (1,502) | |||||
| Income (loss) from continuing operations before income taxes: | 9,342 | (12,650) | (98,396) | (87,741) | (7,044) | 593 | ||
| Income tax expense (benefit) | (471) | (549) | 826 | 301 | (141) | 7,555 | ||
| Income (loss) from continuing operations: | 8,871 | (13,199) | (97,570) | (87,440) | (7,185) | 8,148 | ||
| Income (loss) before gain (loss) on sale of properties: | 8,871 | (13,199) | (97,570) | (87,440) | (7,185) | 8,148 | ||
| Net income (loss) available to common stockholders, diluted: | 8,871 | (13,199) | (97,570) | (87,440) | (7,185) | 8,148 | ||
Comprehensive Income ($ in thousands)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 8,871 | (13,199) | (97,570) | (87,440) | (7,185) | 8,148 | ||
| Other comprehensive income (loss) | (38) | 7 | (252) | 331 | (77) | (315) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 8,833 | (13,192) | (97,822) | (87,109) | (7,262) | 7,833 | ||
Statements Sources
The financial statements are based on the Company's filings with 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.