Intellinetics, Inc. (INLX) financial statements (2022 and earlier)
Company profile
| Business Address |
2190 DIVIDEND DRIVE COLUMBUS, OH 43228 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| SIC | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,753 | 1,908 | 404 | 1,089 | 1,126 | 690 | 1,117 | ||
| Cash and cash equivalents | 1,753 | 1,908 | 404 | 1,089 | 1,126 | 690 | 1,117 | ||
| Receivables | 1,621 | 1,316 | 330 | 226 | 296 | 259 | 217 | ||
| Inventory, net of allowances, customer advances and progress billings, including: | 24 | 80 | |||||||
| Inventory | 77 | 80 | |||||||
| Other undisclosed inventory, net of allowances, customer advances and progress billings | (53) | ||||||||
| Contract with customer, asset | 23 | ✕ | ✕ | ✕ | |||||
| Other undisclosed current assets | 287 | 162 | 115 | 72 | 162 | 151 | 47 | ||
| Total current assets: | 3,684 | 3,466 | 872 | 1,387 | 1,584 | 1,100 | 1,381 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 3,842 | 2,641 | 97 | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 1,092 | 699 | 7 | 9 | 15 | 19 | 23 | ||
| Intangible assets, net (including goodwill) | 3,291 | 3,508 | |||||||
| Goodwill | 2,323 | 2,323 | |||||||
| Intangible assets, net (excluding goodwill) | 968 | 1,185 | |||||||
| Regulated entity, other noncurrent assets | (34) | ||||||||
| Other noncurrent assets | 53 | 31 | 10 | 10 | 10 | 10 | 15 | ||
| Other undisclosed noncurrent assets | 34 | ||||||||
| Total noncurrent assets: | 8,278 | 6,879 | 114 | 19 | 25 | 29 | 37 | ||
| TOTAL ASSETS: | 11,962 | 10,345 | 987 | 1,406 | 1,609 | 1,129 | 1,418 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 687 | 551 | 371 | 308 | 471 | 767 | 827 | ||
| Accounts payable | 182 | 142 | |||||||
| Accrued liabilities | 162 | 132 | |||||||
| Employee-related liabilities | 344 | 272 | |||||||
| Interest and dividends payable | 6 | 1,212 | |||||||
| Other undisclosed accounts payable and accrued liabilities | (841) | 308 | 471 | 767 | 827 | ||||
| Deferred revenue | 1,195 | 996 | 754 | ✕ | ✕ | ✕ | ✕ | ||
| Debt | 581 | 3,387 | 875 | 360 | 402 | ||||
| Deferred compensation liability | 101 | 101 | 117 | 165 | 213 | 215 | 215 | ||
| Due to related parties | 1,467 | 47 | 417 | 38 | 93 | ||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 704 | 665 | 638 | ||
| Contract with customer, liability | ✕ | ✕ | ✕ | 724 | ✕ | ✕ | ✕ | ||
| Other undisclosed current liabilities | 1,575 | 1,396 | 1,212 | ||||||
| Total current liabilities: | 3,557 | 3,625 | 7,310 | 1,244 | 2,680 | 2,046 | 2,174 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 5,071 | 3,999 | 53 | 3,145 | 786 | ||||
| Long-term debt, excluding current maturities | 1,755 | 1,802 | 3,145 | 786 | |||||
| Operating lease, liability | 3,317 | 2,197 | 53 | ✕ | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 1,548 | 343 | 301 | 140 | |||||
| Due to related parties | 1,046 | 313 | 299 | 127 | |||||
| Other liabilities | 502 | 30 | 1 | 13 | |||||
| Other undisclosed noncurrent liabilities | (2,645) | (630) | 1,221 | 744 | 136 | ||||
| Total noncurrent liabilities: | 5,743 | 5,566 | 53 | 4,693 | 1,564 | 1,044 | 1,063 | ||
| Total liabilities: | 9,300 | 9,191 | 7,363 | 5,937 | 4,244 | 3,091 | 3,237 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 2,662 | 1,154 | (6,376) | (4,531) | (2,635) | (1,962) | (1,819) | ||
| Common stock | 3 | 3 | 32 | 31 | 30 | 27 | 22 | ||
| Additional paid in capital | 24,297 | 24,147 | 14,388 | 14,101 | 13,649 | 12,966 | 11,537 | ||
| Accumulated deficit | (21,638) | (22,996) | (20,796) | (18,663) | (16,314) | (14,955) | (13,378) | ||
| Total stockholders' equity: | 2,662 | 1,154 | (6,376) | (4,531) | (2,635) | (1,962) | (1,819) | ||
| TOTAL LIABILITIES AND EQUITY: | 11,962 | 10,345 | 987 | 1,406 | 1,609 | 1,129 | 1,418 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 11,460 | 8,253 | 2,536 | 2,381 | 11 | 2,602 | 2,337 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 2,623 | 2,602 | 2,337 | |
| Cost of revenue | (4,517) | (3,263) | (568) | (742) | (760) | (710) | (482) | |
| Cost of goods and services sold | (760) | (710) | (482) | |||||
| Other undisclosed gross profit | 2,612 | |||||||
| Gross profit: | 6,943 | 4,991 | 1,968 | 1,639 | 1,863 | 1,892 | 1,855 | |
| Operating expenses | (5,978) | (7,029) | (3,121) | (3,114) | (3,032) | (3,262) | (3,411) | |
| Operating income (loss): | 965 | (2,038) | (1,153) | (1,475) | (1,169) | (1,370) | (1,556) | |
| Nonoperating income (expense) | 393 | (350) | (866) | (191) | (206) | (2,366) | ||
| Interest and debt expense | 845 | 287 | (981) | (866) | 419 | (206) | (2,366) | |
| Income (loss) from continuing operations before equity method investments, income taxes: | 2,203 | (2,101) | (2,133) | (3,206) | (940) | (1,783) | (6,287) | |
| Other undisclosed loss from continuing operations before income taxes | (845) | (287) | ||||||
| Income (loss) from continuing operations before income taxes: | 1,358 | (2,389) | (2,133) | (3,206) | (940) | (1,783) | (6,287) | |
| Income tax benefit | 92 | 188 | ||||||
| Net income (loss): | 1,450 | (2,200) | (2,133) | (3,206) | (940) | (1,783) | (6,287) | |
| Other undisclosed net income (loss) attributable to parent | (92) | 866 | (419) | 206 | 2,366 | |||
| Net income (loss) available to common stockholders, diluted: | 1,358 | (2,200) | (2,133) | (2,340) | (1,359) | (1,576) | (3,921) | |
Comprehensive Income ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 1,450 | (2,200) | (2,133) | (3,206) | (940) | (1,783) | (6,287) | |
| Comprehensive income (loss), net of tax, attributable to parent: | 1,450 | (2,200) | (2,133) | (3,206) | (940) | (1,783) | (6,287) | |
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.