iPass Inc. (IPAS) financial statements (2020 and earlier)

Company profile

Business Address 3800 BRIDGE PARKWAY
REDWOOD SHORES, CA 94065
State of Incorp. DE
Fiscal Year End December 31
SIC 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments51620342427
Cash and cash equivalents51620342427
Receivables91210101517
Prepaid expense213  
Prepaid expense and other current assets5
Other current assets100  
Other undisclosed current assets   44 
Total current assets:163033484449
Noncurrent Assets
Property, plant and equipment124687
Prepaid expense    0
Deposits noncurrent assets   111
Restricted cash and investments   001
Other noncurrent assets11113
Prepaid expense and other noncurrent assets5
Other undisclosed noncurrent assets   (1)(1)(2)
Total noncurrent assets:23571111
TOTAL ASSETS:183338555560
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities131112182220
Accounts payable976797
Accrued liabilities445799
Employee-related liabilities   223
Taxes payable   111
Restructuring reserve   0
Liability for uncertainty in income taxes   11 
Deferred revenue and credits422034
Other undisclosed current liabilities   (4)(4)(4)
Total current liabilities:171314152220
Noncurrent Liabilities
Liabilities, other than long-term debt111123
Deferred revenue and credits000023
Other liabilities111100
Other undisclosed noncurrent liabilities   12 
Total noncurrent liabilities:111243
Total liabilities:181515172623
Stockholders' equity
Stockholders' equity attributable to parent11923382937
Common stock000000
Additional paid in capital226224220220218213
Accumulated deficit(226)(205)(197)(182)(189)(177)
Total stockholders' equity:11923382937
TOTAL LIABILITIES AND EQUITY:183338555560

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

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues
(Revenue, Net)
54636370111126
Cost of revenue(45)(41)(38)(68)(49)(54)
Cost of goods and services sold(39)(33)(28)(30)(49)(54)
Policyholder dividends, expense     40
Gross profit:10232426272
Operating expenses(30)(30)(39)(21)(122)(129)
Other undisclosed operating income    4953
Operating loss:(20)(7)(15)(19)(11)(3)
Nonoperating income (expense)0(0)(0)0(0)0
Investment income, nonoperating   (0)(0)0
Foreign currency transaction loss, before tax(0)(0)(0)(0)(1)(0)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(0)0(0)(0)(1)(0)
Loss from continuing operations before income taxes:(20)(8)(15)(19)(12)(4)
Income tax expense (benefit)(0)(0)(0)7(1)(1)
Loss from continuing operations:(21)(8)(15)(12)(12)(4)
Loss from discontinued operations   (0)  
Net loss:(21)(8)(15)(12)(12)(4)
Other undisclosed net income attributable to parent   19  
Net income (loss) available to common stockholders, diluted:(21)(8)(15)7(12)(4)

Comprehensive Income ($ in millions)

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net loss:(21)(8)(15)(12)(12)(4)
Comprehensive loss:(21)(8)(15)(12)(12)(4)
Other undisclosed comprehensive income, net of tax, attributable to parent   19  
Comprehensive income (loss), net of tax, attributable to parent:(21)(8)(15)7(12)(4)

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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