Insignia Systems, Inc. (ISIG) financial statements (2023 and earlier)
Company profile
Business Address |
212 THIRD AVE N MINNEAPOLIS, MN 55401 |
State of Incorp. | MN |
Fiscal Year End | December 31 |
SIC | 731 - Advertising (benchmarking) |
More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
---|---|---|---|---|---|---|---|---|
ASSETS | ||||||||
Current Assets | ||||||||
Cash, cash equivalents, and short-term investments | 3,766 | 7,128 | 7,510 | 10,160 | 4,695 | 12,267 | ||
Cash and cash equivalents | 3,766 | 7,128 | 7,510 | 10,160 | 4,695 | 12,267 | ||
Restricted cash and investments | 85 | |||||||
Receivables | 25 | 6,098 | 7,685 | 8,890 | 12,224 | 10,654 | ||
Inventory, net of allowances, customer advances and progress billings | 19 | 85 | 322 | 353 | 301 | 325 | ||
Inventory | 19 | 85 | 322 | 353 | 301 | 325 | ||
Deferred costs | 867 | |||||||
Other undisclosed current assets | 5,592 | 711 | 375 | 306 | 415 | 689 | ||
Total current assets: | 10,354 | 14,022 | 15,892 | 19,709 | 17,635 | 23,935 | ||
Noncurrent Assets | ||||||||
Operating lease, right-of-use asset | 183 | 37 | 177 | ✕ | ✕ | ✕ | ||
Property, plant and equipment | 113 | 75 | 549 | 3,268 | 2,670 | 2,430 | ||
Other noncurrent assets | 155 | 372 | 976 | 1,383 | 1,863 | |||
Total noncurrent assets: | 296 | 267 | 1,098 | 4,244 | 4,053 | 4,293 | ||
TOTAL ASSETS: | 10,650 | 14,289 | 16,990 | 23,953 | 21,688 | 28,228 | ||
LIABILITIES AND EQUITY | ||||||||
Liabilities | ||||||||
Current Liabilities | ||||||||
Accounts payable and accrued liabilities | 3,969 | 5,230 | 3,606 | 4,035 | 3,899 | 11,261 | ||
Accounts payable | 2,539 | 3,148 | 3,036 | 3,334 | 3,232 | 2,530 | ||
Accrued liabilities | 1,430 | 1,071 | 570 | 701 | 667 | 498 | ||
Taxes payable | 1,011 | |||||||
Interest and dividends payable | 8,233 | |||||||
Deferred revenue | 842 | 180 | 140 | ✕ | ✕ | ✕ | ||
Debt | 464 | 212 | ||||||
Deferred compensation liability | 464 | 424 | 539 | 2,021 | 1,531 | 762 | ||
Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 372 | 62 | ||
Other undisclosed current liabilities | 1,363 | 56 | 302 | |||||
Total current liabilities: | 6,638 | 6,354 | 4,497 | 6,358 | 5,802 | 12,085 | ||
Noncurrent Liabilities | ||||||||
Long-term debt and lease obligation | 108 | 590 | 56 | |||||
Long-term debt, excluding current maturities | 590 | |||||||
Operating lease, liability | 108 | 56 | ✕ | ✕ | ✕ | |||
Liabilities, other than long-term debt | 711 | 677 | 643 | 1,275 | 1,045 | 1,034 | ||
Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 219 | 275 | ||
Deferred rent credit | 158 | ✕ | ✕ | |||||
Deferred tax liabilities, net | ✕ | ✕ | ✕ | 504 | 245 | 205 | ||
Liability for uncertainty in income taxes | 711 | 677 | 643 | 613 | 581 | 554 | ||
Total noncurrent liabilities: | 819 | 1,267 | 699 | 1,275 | 1,045 | 1,034 | ||
Total liabilities: | 7,457 | 7,621 | 5,196 | 7,633 | 6,847 | 13,119 | ||
Stockholders' equity | ||||||||
Stockholders' equity attributable to parent | 3,193 | 6,668 | 11,794 | 16,320 | 14,841 | 15,109 | ||
Common stock | 18 | 122 | 121 | 118 | 119 | 117 | ||
Additional paid in capital | 16,296 | 16,133 | 15,934 | 15,442 | 15,361 | 14,992 | ||
Retained earnings (accumulated deficit) | (13,121) | (9,587) | (4,261) | 760 | (639) | |||
Total stockholders' equity: | 3,193 | 6,668 | 11,794 | 16,320 | 14,841 | 15,109 | ||
TOTAL LIABILITIES AND EQUITY: | 10,650 | 14,289 | 16,990 | 23,953 | 21,688 | 28,228 |
Income statement (P&L) ($ in thousands)
12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
---|---|---|---|---|---|---|---|
Revenues | 19,503 | 17,482 | 21,954 | 33,236 | 26,430 | 24,912 | |
Revenue, net | ✕ | ✕ | ✕ | ✕ | 26,430 | 24,912 | |
Cost of revenue | (16,273) | (14,467) | (17,193) | (20,675) | (18,029) | (17,849) | |
Cost of goods and services sold | (16,273) | (14,626) | (17,193) | (20,675) | (18,029) | (17,849) | |
Other undisclosed gross profit | (159) | ||||||
Gross profit: | 3,230 | 2,856 | 4,761 | 12,561 | 8,401 | 7,063 | |
Operating expenses | (8,021) | (7,695) | (10,390) | (10,729) | (9,309) | (9,139) | |
Operating income (loss): | (4,791) | (4,839) | (5,629) | 1,832 | (908) | (2,076) | |
Nonoperating income (expense) | 33 | 142 | 51 | (1) | (24) | ||
Interest and debt expense | (1,062) | ||||||
Income (loss) from continuing operations before equity method investments, income taxes: | (5,853) | (4,806) | (5,487) | 1,883 | (909) | (2,100) | |
Other undisclosed income from continuing operations before income taxes | 6,126 | ||||||
Income (loss) from continuing operations before income taxes: | 273 | (4,806) | (5,487) | 1,883 | (909) | (2,100) | |
Income tax expense (benefit) | (42) | 191 | 466 | (484) | 270 | 814 | |
Net income (loss): | 231 | (4,615) | (5,021) | 1,399 | (639) | (1,286) | |
Other undisclosed net loss attributable to parent | (3,765) | ||||||
Net income (loss) available to common stockholders, diluted: | (3,534) | (4,615) | (5,021) | 1,399 | (639) | (1,286) |
Comprehensive Income ($ in thousands)
12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
---|---|---|---|---|---|---|---|
Net income (loss): | 231 | (4,615) | (5,021) | 1,399 | (639) | (1,286) | |
Other comprehensive income | 11 | ||||||
Comprehensive income (loss), net of tax, attributable to parent: | 231 | (4,615) | (5,021) | 1,399 | (639) | (1,275) |
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.