Inseego Corp. (INSG) financial statements (2021 and earlier)

Company profile

Business Address 9710 SCRANTON ROAD
SAN DIEGO, CA 92121
State of Incorp.
Fiscal Year End December 31
SIC 3669 - Communications Equipment, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

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, including:40123121101318
Cash and cash equivalents40123121101318
Short-term investments     1 
Other undisclosed cash, cash equivalents, and short-term investments(0)0(0)00(1)0
Restricted cash and investments   0   
Receivables30202116223524
Inventory, net of allowances, customer advances and progress billings34252620315638
Inventory34252620315638
Other undisclosed current assets10769578
Total current assets:1146484666811188
Noncurrent Assets
Finance lease, right-of-use asset3 
Operating lease, right-of-use asset93
Property, plant and equipment141177895
Intangible assets, net (including goodwill)8478657675731
Goodwill333433383430 
Intangible assets, net (excluding goodwill)5144323940431
Other noncurrent assets0011000
Other undisclosed noncurrent assets456876 
Total noncurrent assets:11397789290887
TOTAL ASSETS:22716116215815919995
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities76445257596166
Accounts payable52263929313535
Accrued liabilities23181328282624
Employee-related liabilities      8
Debt 01333 
Other undisclosed current liabilities      (8)
Total current liabilities:76455460626458
Noncurrent Liabilities
Long-term debt and lease obligation815013912992835
Long-term debt, excluding current maturities 14813812991825
Capital lease obligations1111 
Operating lease, liability82
Liabilities, other than long-term debt14241019191
Deferred income tax liabilities5 
Restructuring reserve  01010
Other liabilities10231019181
Business combination, contingent consideration, liability  1    
Other undisclosed noncurrent liabilities15723432(0)
Total noncurrent liabilities:1801541451441141046
Total liabilities:25519919920417616864
Stockholders' equity
Stockholders' equity attributable to parent(28)(37)(36)(46)(18)3031
Common stock0000000
Treasury stock, value      (25)
Additional paid in capital711585546520508502467
Accumulated other comprehensive income (loss)(7)(4)(5)5(1)(9) 
Accumulated deficit(732)(618)(578)(570)(524)(463)(411)
Stockholders' equity attributable to noncontrolling interest(0)(0)(0)(0)00 
Total stockholders' equity:(28)(37)(37)(46)(18)3031
TOTAL LIABILITIES AND EQUITY:22716116215815919995

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues314219202219244221185
Revenue, net219244  
Cost of revenue(223)(156)(132)(152)(167)(162)(148)
Cost of goods and services sold(1)(1)(1)(152)(167)(1)(3)
Gross profit:91647167765937
Operating expenses(116)(84)(57)(90)(121)(97)(73)
Operating income (loss):(25)(20)14(22)(45)(38)(36)
Nonoperating income (expense)00(1)(4)0(7)(0)
Foreign currency transaction gain (loss), before tax(1)(0)(0)0 (8)(0)
Other nonoperating income (expense)10(1)(4)01(0)
Interest and debt expense(153)  (2)   
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes67(20)(20)(18)(16)(7)(3)
Loss from continuing operations before income taxes:(110)(40)(7)(46)(60)(52)(39)
Income tax expense(1)(1)(1)(0)(0)(0)(0)
Net loss:(111)(40)(8)(46)(61)(52)(39)
Net income (loss) attributable to noncontrolling interest(0)(0)00(0)0 
Other undisclosed net loss attributable to parent      (0)
Net loss attributable to parent:(111)(40)(8)(46)(61)(52)(40)
Preferred stock dividends and other adjustments(3)(0)     
Net loss available to common stockholders, diluted:(114)(40)(8)(46)(61)(52)(40)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net loss:(111)(40)(8)(46)(61)(52)(39)
Other comprehensive loss(3)     (0)
Comprehensive loss:(114)(40)(8)(46)(61)(52)(39)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(0)(0)00(0)0 
Other undisclosed comprehensive income (loss), net of tax, attributable to parent 1(10)67(9)(0)
Comprehensive loss, net of tax, attributable to parent:(114)(39)(18)(40)(53)(61)(40)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: