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)

12/31/2019
TTM
3/31/2019
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1502783460103131172
Cash and cash equivalents1502783460103131172
Prepaid expense36302500  
Prepaid expense and other current assets0
Total current assets:1873075960103131172
Noncurrent Assets
Intangible assets, net (including goodwill)615368157   
Intangible assets, net (excluding goodwill)615368157    
Total noncurrent assets:615368157    
TOTAL ASSETS:80267521660103131172
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities3,5892,63854814 1
Accounts payable99460443814 1
Accrued liabilities23523886    
Employee-related liabilities2,2851,686     
Interest and dividends payable7511024    
Debt  4    
Derivative instruments and hedges, liabilities917      
Due to related parties689732    
Other undisclosed current liabilities8102,9771,139    
Total current liabilities:5,3845,7111,72414 1
Noncurrent Liabilities
Total liabilities:5,3845,7111,72414 1
Stockholders' equity
Stockholders' equity attributable to parent, including:(4,582)(5,036)(1,507)5999131171
Common stock  661111
Common stock, share subscribed but unissued, subscriptions receivable (6)81    
Additional paid in capital30,92722,7849,117269269269269
Retained earnings (accumulated deficit)(36,157)(27,968)(10,692)(214)(174)(141)242
Other undisclosed stockholders' equity attributable to parent648155(80)222(342)
Other undisclosed stockholders' equity  (0)    
Total stockholders' equity:(4,582)(5,036)(1,507)5999131171
Other undisclosed liabilities and equity  0    
TOTAL LIABILITIES AND EQUITY:80267521660103131172

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

12/31/2019
TTM
3/31/2019
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Gross profit: 780     
Operating expenses(8,870)(10,894)(9,919)(40)(33)(40)(64)
Other operating income, net
(Other Expenses)
  370    
Operating loss:(8,870)(10,114)(9,549)(40)(33)(40)(64)
Nonoperating income (expense)(2,004)(3,913)(579) (0)01
Investment income, nonoperating 00 001
Other nonoperating income (expense)(56)(299)(579) (0)01
Interest and debt expense(2,316)(1,328)160 0  
Loss from continuing operations before equity method investments, income taxes:(13,190)(15,355)(9,968)(40)(33)(40)(63)
Other undisclosed income from continuing operations before income taxes2,3161,328     
Loss before gain (loss) on sale of properties:(10,874)(14,027)(9,968)(40)(33)(40)(63)
Other undisclosed net loss(3)(3)(530) (0)(0)(1)
Net loss available to common stockholders, diluted:(10,877)(14,030)(10,498)(40)(33)(40)(64)

Comprehensive Income ($ in thousands)

12/31/2019
TTM
3/31/2019
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net loss:(10,877)(14,030)(10,498)(40)(33)(40)(64)
Comprehensive loss, net of tax, attributable to parent:(10,877)(14,030)(10,498)(40)(33)(40)(64)

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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