iGambit, Inc. (IGMB) financial statements (2020 and earlier)

Company profile

Business Address 55 IVAN ALLEN JR. BLVD
ATLANTA, GA 30308
State of Incorp. DE
Fiscal Year End December 31
SIC 7389 - Business Services, Not Elsewhere Classified (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 091113213327
Cash and cash equivalents 091113213327
Receivables 156 23082135
Inventory, net of allowances, customer advances and progress billings 27  21 
Inventory 27  21  
Prepaid expense  391092454511
Disposal group, including discontinued operation   373263  
Other undisclosed current assets   15  878
Total current assets: 42555088912601,051
Noncurrent Assets
Property, plant and equipment 24140811
Intangible assets, net (including goodwill) 2,5723,268 6,705 
Goodwill    6,705  
Intangible assets, net (excluding goodwill) 2,5723,268    
Deposits noncurrent assets   22129
Other undisclosed noncurrent assets 22 (40)  
Total noncurrent assets: 2,5763,27436,7072121
Other undisclosed assets    (230)  
TOTAL ASSETS: 2,6183,3295117,3682811,071
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 480348356637285317
Accounts payable   356637285317
Accrued liabilities 3222    
Other undisclosed accounts payable and accrued liabilities 448327    
Debt 5353 855  
Derivative instruments and hedges, liabilities 28866   152
Due to related parties 145128    
Deferred revenue and credits9 811  
Other undisclosed current liabilities 4193556,024586 47
Total current liabilities: 1,3859606,3802,889285515
Noncurrent Liabilities
Long-term debt and lease obligation    2,339  
Long-term debt, excluding current maturities    2,339  
Liabilities, other than long-term debt    849  
Deferred revenue and credits  379  
Due to related parties    470  
Total noncurrent liabilities:    3,188  
Total liabilities: 1,3859606,3806,077285515
Stockholders' equity
Stockholders' equity attributable to parent, including: 1,2332,369(5,909)4,360(31)531
Treasury stock, value (1,000)(1,000)    
Additional paid in capital 14,48112,8914,321402,8512,729
Retained earnings (accumulated deficit) (12,463)(9,649)(10,231)4,320(2,882)(2,198)
Other undisclosed stockholders' equity attributable to parent 215126    
Other undisclosed stockholders' equity   40(7,158)2725
Total stockholders' equity: 1,2332,369(5,869)(2,798)(4)556
Other undisclosed liabilities and equity    4,090  
TOTAL LIABILITIES AND EQUITY: 2,6183,3295117,3682811,071

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 6023 4751,0691,461
Revenue, net23 4751,0691,461
Cost of revenue (31)(30) (8)(465)(496)
Gross profit: 29(7) 467603965
Operating expenses (1,860)(5,686)(449)(959)(1,320)(1,652)
Other undisclosed operating loss    (6)(63)(40)
Operating loss: (1,831)(5,693)(449)(499)(780)(727)
Nonoperating income (expense) (984)6,343(2)(45)78660
Investment income, nonoperating  6,658    
Other nonoperating expense (984)(315)    
Interest and debt expense (313)(106)3451055
Income (loss) from continuing operations before equity method investments, income taxes: (3,127)545(448)(499)(692)(13)
Other undisclosed loss from continuing operations before income taxes    (45)(10)(55)
Income (loss) from continuing operations before income taxes: (3,127)545(448)(544)(702)(67)
Income tax expense (392)(392)    
Income (loss) from continuing operations: (3,519)153(448)(544)(702)(67)
Income (loss) from discontinued operations  6,590(6,981)62718318
Income (loss) before gain (loss) on sale of properties: (3,519)6,742(7,430)84(684)250
Other undisclosed net income (loss) 705(6,160)(3)   
Net income (loss) available to common stockholders, diluted: (2,814)582(7,432)84(684)250

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 income (loss): (2,814)582(7,432)84(684)250
Comprehensive income (loss), net of tax, attributable to parent: (2,814)582(7,432)84(684)250

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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