Ironclad Encryption Corporation (IRNC) financial statements (2021 and earlier)

Company profile

Business Address 777 SOUTH POST OAK LANE
HOUSTON, TX 77056
State of Incorp. DE
Fiscal Year End March 31
SIC 7372 - Prepackaged Software (benchmarking)
More info Complete financial analysis Financial benchmarking

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

3/31/2019
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 investments2783460103131172233
Cash and cash equivalents2783460103131172233
Prepaid expense302500  
Prepaid expense and other current assets0 
Other undisclosed current assets      3
Total current assets:3075960103131172236
Noncurrent Assets
Property, plant and equipment      9
Intangible assets, net (including goodwill)368157   
Intangible assets, net (excluding goodwill)368157     
Other undisclosed noncurrent assets      (9)
Total noncurrent assets:368157     
TOTAL ASSETS:67521660103131172236
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,63854814 1 
Accounts payable60443814 1 
Accrued liabilities23886     
Employee-related liabilities1,686      
Interest and dividends payable11024     
Debt 4     
Due to related parties9732     
Other undisclosed current liabilities2,9771,139    1
Total current liabilities:5,7111,72414 11
Noncurrent Liabilities
Total liabilities:5,7111,72414 11
Stockholders' equity
Stockholders' equity attributable to parent, including:(5,036)(1,507)5999131171235
Common stock 6611111
Common stock, share subscribed but unissued, subscriptions receivable(6)81     
Additional paid in capital22,7849,117269269269269269
Retained earnings (accumulated deficit)(27,968)(10,692)(214)(174)(141)242242
Other undisclosed stockholders' equity attributable to parent155(80)222(342)(278)
Other undisclosed stockholders' equity (0)     
Total stockholders' equity:(5,036)(1,507)5999131171235
Other undisclosed liabilities and equity 0     
TOTAL LIABILITIES AND EQUITY:67521660103131172236

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

3/31/2019
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Gross profit:780      
Operating expenses(10,894)(9,919)(40)(33)(40)(64)(35)
Other operating income, net
(Other Expenses)
 370     
Operating loss:(10,114)(9,549)(40)(33)(40)(64)(35)
Nonoperating income (expense)(3,913)(579) (0)010
Investment income, nonoperating00 0010
Other nonoperating income (expense)(299)(579) (0)010
Interest and debt expense(1,328)160 0   
Loss from continuing operations before equity method investments, income taxes:(15,355)(9,968)(40)(33)(40)(63)(35)
Other undisclosed income from continuing operations before income taxes1,328      
Loss from continuing operations before income taxes:(14,027)(9,968)(40)(33)(40)(63)(35)
Income tax expense      (3)
Loss before gain (loss) on sale of properties:(14,027)(9,968)(40)(33)(40)(63)(38)
Other undisclosed net loss(3)(530) (0)(0)(1) 
Net loss:(14,030)(10,498)(40)(33)(40)(64)(38)
Other undisclosed net income attributable to parent      6
Net loss available to common stockholders, diluted:(14,030)(10,498)(40)(33)(40)(64)(32)

Comprehensive Income ($ in thousands)

3/31/2019
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net loss:(14,030)(10,498)(40)(33)(40)(64)(38)
Comprehensive loss, net of tax, attributable to parent:(14,030)(10,498)(40)(33)(40)(64)(38)

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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