Igen Networks Corp (IGEN) financial statements (2020 and earlier)

Company profile

Business Address 29970 TECHNOLOGY DRIVE, SUITE 108
MURRIETA, CA 92563
State of Incorp. NV
Fiscal Year End December 31
SIC 7363 - Help Supply 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
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 572940345612
Cash and cash equivalents 572940345612
Restricted cash and investments  2515   
Receivables 255416251337168
Inventory, net of allowances, customer advances and progress billings 372173014
Inventory 372173014 
Prepaid expense 2822196155
Other undisclosed current assets      5
Total current assets: 146132253176412189
Noncurrent Assets
Property, plant and equipment  3718334
Long-term investments and receivables     227150
Long-term investments     227150
Intangible assets, net (including goodwill) 506506506506506
Goodwill 506506506506506 
Other undisclosed noncurrent assets     5241
Total noncurrent assets: 506508513523772395
TOTAL ASSETS: 6526417666991,184584
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 814859743539353164
Accounts payable 613623653461285144
Accrued liabilities 205039786819
Employee-related liabilities 728432   
Taxes payable  806   
Interest and dividends payable 191713   
Other undisclosed accounts payable and accrued liabilities 904    
Debt  158011653 
Derivative instruments and hedges, liabilities   28   
Deferred revenue and credits6342395754 
Other undisclosed current liabilities 546340    
Total current liabilities: 1,3601,8471,090712460164
Noncurrent Liabilities
Long-term debt and lease obligation     8082
Long-term debt, excluding current maturities     8082
Liabilities, other than long-term debt  1847434 99
Deferred revenue and credits18474   
Derivative instruments and hedges, liabilities    34 99
Other undisclosed noncurrent liabilities 175     
Total noncurrent liabilities: 175184743480181
Total liabilities: 1,5352,0311,164746540345
Stockholders' equity
Stockholders' equity attributable to parent, including: (883)(1,390)(398)(48)643239
Common stock 673932282619
Common stock, value, subscriptions   2525 
Additional paid in capital 10,4268,8548,1097,5876,6985,537
Deferred compensation equity   (20)   
Accumulated other comprehensive loss  (61)(32)(12)(18)(3)
Accumulated deficit (11,376)(10,223)(8,512)(7,676)(6,062)(5,314)
Warrants and rights outstanding     1,375 
Other undisclosed stockholders' equity attributable to parent     (1,375) 
Total stockholders' equity: (883)(1,390)(398)(48)643239
TOTAL LIABILITIES AND EQUITY: 6526417666991,184584

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues 1,1991,3471,1431,036725145
Revenue, net1,3471,1431,03668153
Financial services revenue   3192
Cost of revenue
(Cost of Goods and Services Sold)
 (646)(864)(748)(717)(426) 
Gross profit: 552483395319298145
Operating expenses (1,693)(1,610)(1,197)(1,682)(919)(674)
Operating loss: (1,140)(1,126)(803)(1,363)(620)(529)
Nonoperating income (expense) (3)(91)(34)1 5
Foreign currency transaction gain, before tax   16  5
Other nonoperating income    1  
Interest and debt expense (22)39(2)11(11)(13)
Loss from continuing operations before equity method investments, income taxes: (1,165)(1,178)(838)(1,351)(632)(537)
Income (loss) from equity method investments    1(14)(33)
Other undisclosed income (loss) from continuing operations before income taxes 22(39)    
Loss from continuing operations before income taxes: (1,143)(1,218)(838)(1,350)(646)(570)
Income tax expense (10)(80)    
Loss before gain (loss) on sale of properties: (1,153)(1,298)(838)(1,350)(646)(570)
Other undisclosed net loss    (263)(102)(23)
Net loss: (1,153)(1,298)(838)(1,613)(748)(594)
Other undisclosed net income attributable to parent   2   
Net loss available to common stockholders, diluted: (1,153)(1,298)(837)(1,613)(748)(594)

Comprehensive Income ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net loss: (1,153)(1,298)(838)(1,613)(748)(594)
Comprehensive loss: (1,153)(1,298)(838)(1,613)(748)(594)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent 61(29)(19)6(15)(3)
Comprehensive loss, net of tax, attributable to parent: (1,092)(1,326)(857)(1,607)(763)(596)

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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