Intelligent Systems Corporation (INS) financial statements (2021 and earlier)
Company profile
| Business Address |
4355 SHACKLEFORD RD NORCROSS, GA 30093 |
| State of Incorp. | GA |
| Fiscal Year End | December 31 |
| SIC | 7372 - Prepackaged Software (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 | 38 | 26 | 19 | 14 | 18 | 18 | 3 | ||
| Cash and cash equivalents | 38 | 26 | 19 | 14 | 18 | 18 | 3 | ||
| Short-term investments | 0 | 0 | 0 | 0 | 0 | ||||
| Restricted cash and investments | 2 | ||||||||
| Receivables | 3 | 9 | 4 | 1 | 1 | 1 | 2 | ||
| Inventory, net of allowances, customer advances and progress billings | 1 | ||||||||
| Inventory | 1 | ||||||||
| Other current assets | 1 | 1 | 1 | 2 | 1 | 3 | 1 | ||
| Other undisclosed current assets | 1 | 0 | |||||||
| Total current assets: | 42 | 36 | 25 | 18 | 21 | 24 | 6 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 7 | 2 | 2 | 1 | 1 | 1 | 1 | ||
| Long-term investments and receivables | 2 | 3 | 1 | 1 | 1 | 1 | 2 | ||
| Long-term investments | 2 | 3 | 1 | 1 | 1 | 1 | 2 | ||
| Intangible assets, net (including goodwill) | 0 | ||||||||
| Intangible assets, net (excluding goodwill) | 0 | ||||||||
| Other noncurrent assets | 3 | 1 | 1 | 0 | 0 | 0 | 0 | ||
| Other undisclosed noncurrent assets | 3 | 2 | 2 | 1 | |||||
| Total noncurrent assets: | 15 | 8 | 5 | 4 | 2 | 2 | 3 | ||
| TOTAL ASSETS: | 57 | 44 | 29 | 22 | 23 | 26 | 9 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 4 | 4 | 2 | 1 | 1 | 1 | 1 | ||
| Accounts payable | 1 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Accrued liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Employee-related liabilities | 2 | 3 | 1 | 1 | 1 | 0 | 1 | ||
| Taxes payable | 1 | 1 | 0 | ||||||
| Deferred revenue | 1 | 1 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Disposal group, including discontinued operation | 0 | ||||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 1 | 1 | 2 | 1 | ||
| Other liabilities | 5 | 1 | 1 | 0 | 1 | 0 | 0 | ||
| Other undisclosed current liabilities | 1 | ||||||||
| Total current liabilities: | 10 | 6 | 3 | 2 | 4 | 3 | 2 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 2 | 0 | |||||||
| Operating lease, liability | 2 | 0 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 1 | 0 | 0 | 0 | 0 | 0 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 0 | 0 | 0 | 0 | ||
| Deferred revenue | 0 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Deferred income tax liabilities | 1 | 0 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other liabilities | 0 | 0 | 0 | ||||||
| Other undisclosed noncurrent liabilities | 0 | ||||||||
| Total noncurrent liabilities: | 3 | 1 | 0 | 0 | 0 | 0 | 0 | ||
| Total liabilities: | 13 | 7 | 3 | 2 | 4 | 3 | 3 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 44 | 37 | 26 | 19 | 22 | 26 | 9 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Treasury stock, value | (2) | ||||||||
| Additional paid in capital | 16 | 15 | 15 | 15 | 18 | 21 | 22 | ||
| Accumulated other comprehensive loss | (0) | (0) | (0) | (0) | (0) | (0) | (0) | ||
| Retained earnings (accumulated deficit) | 30 | 22 | 11 | 5 | 4 | 5 | (13) | ||
| Stockholders' equity attributable to noncontrolling interest | (3) | (3) | (2) | ||||||
| Total stockholders' equity: | 44 | 37 | 26 | 19 | 19 | 23 | 7 | ||
| TOTAL LIABILITIES AND EQUITY: | 57 | 44 | 29 | 22 | 23 | 26 | 9 | ||
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 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 36 | 34 | 20 | 9 | 8 | 5 | 15 | |
| Revenue, net | ✕ | ✕ | ✕ | 9 | 8 | 5 | 15 | |
| Cost of revenue | (15) | (12) | (9) | (4) | (4) | (3) | (8) | |
| Cost of goods and services sold | (4) | (4) | (3) | (8) | ||||
| Gross profit: | 20 | 23 | 12 | 5 | 4 | 2 | 7 | |
| Operating expenses | (9) | (9) | (5) | (6) | (5) | (5) | (8) | |
| Other undisclosed operating income | 0 | |||||||
| Operating income (loss): | 11 | 13 | 6 | (1) | (1) | (3) | (1) | |
| Nonoperating income (expense) | (1) | 0 | 0 | 2 | (1) | 1 | 0 | |
| Investment income, nonoperating | (1) | 0 | (0) | 2 | (1) | 1 | 0 | |
| Other nonoperating income | 0 | 0 | 0 | 0 | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 11 | 14 | 6 | 1 | (1) | (2) | (1) | |
| Loss from equity method investments | (0) | |||||||
| Other undisclosed income from continuing operations before income taxes | 0 | 0 | 0 | |||||
| Income (loss) from continuing operations before income taxes: | 11 | 14 | 6 | 1 | (1) | (1) | (1) | |
| Income tax expense (benefit) | (2) | (3) | (0) | (0) | 0 | (0) | (0) | |
| Income (loss) from continuing operations: | 8 | 11 | 6 | 0 | (1) | (1) | (1) | |
| Income from discontinued operations | 0 | |||||||
| Income (loss) before gain (loss) on sale of properties: | 8 | 11 | 6 | 0 | (1) | (1) | (1) | |
| Other undisclosed net income | 19 | |||||||
| Net income (loss): | 8 | 11 | 6 | 0 | (1) | 17 | (1) | |
| Net income attributable to noncontrolling interest | 0 | 1 | 1 | |||||
| Net income (loss) available to common stockholders, diluted: | 8 | 11 | 6 | 0 | (1) | 18 | (0) | |
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 income (loss): | 8 | 11 | 6 | 0 | (1) | 17 | (1) | |
| Other undisclosed comprehensive income (loss) | (0) | 0 | (0) | (0) | ||||
| Comprehensive income (loss): | 8 | 11 | 6 | 0 | (1) | 17 | (1) | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 0 | 1 | (1) | |||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (0) | (0) | 0 | 2 | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | 8 | 11 | 6 | 0 | (1) | 18 | (0) | |
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.