Inspro Technologies Corp (ITCC) financial statements (2020 and earlier)

Company profile

Business Address 1510 CHESTER PIKE
EDDYSTONE, PA 19022
State of Incorp. DE
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)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4553333
Cash and cash equivalents4553333
Receivables1322422
Prepaid expense0000000
Disposal group, including discontinued operation  00000
Other current assets   0000
Total current assets:6976864
Noncurrent Assets
Operating lease, right-of-use asset1
Property, plant and equipment2101111
Prepaid expense0      
Other noncurrent assets    000
Total noncurrent assets:2101111
TOTAL ASSETS:9976875
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1236652
Accounts payable1115551
Accrued liabilities0110000
Taxes payable 00    
Deferred revenue3
Debt1000011
Due to related parties      0
Deferred revenue and credits32321
Contract with customer, liability3
Other undisclosed current liabilities1 0    
Total current liabilities:6568983
Noncurrent Liabilities
Long-term debt and lease obligation1000000
Finance lease, liability0
Capital lease obligations000000
Operating lease, liability0
Liabilities, other than long-term debt 1122  
Deferred revenue and credits122  
Contract with customer, liability1
Other undisclosed noncurrent liabilities0    01
Total noncurrent liabilities:1112201
Total liabilities:767101184
Stockholders' equity
Stockholders' equity attributable to parent, including:230(4)(3)(1)2
Common stock0000000
Additional paid in capital65656548474643
Accumulated deficit(64)(63)(65)(67)(64)(58)(52)
Other undisclosed stockholders' equity attributable to parent00015151111
Other undisclosed stockholders' equity0      
Total stockholders' equity:230(4)(3)(1)2
TOTAL LIABILITIES AND EQUITY:9976875

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues15222222211915
Revenue, net2222211915
Cost of revenue(11)(14)(14)(19)(22)(17)(12)
Cost of goods and services sold      (12)
Gross profit:4883(0)23
Operating expenses(5)(5)(6)(5)(6)(7)(5)
Other undisclosed operating income     00
Operating income (loss):(1)32(3)(6)(5)(2)
Nonoperating income (expense)(0)(0)(0)(0)(0)0(0)
Interest and debt expense(0)(0)(0)(0)(0)(0)(0)
Income (loss) from continuing operations before equity method investments, income taxes:(1)32(3)(7)(5)(2)
Other undisclosed income from continuing operations before income taxes00     
Income (loss) from continuing operations before income taxes:(1)32(3)(7)(5)(2)
Income tax expense (benefit)0(0)(0)    
Income (loss) from continuing operations:(1)22(3)(7)(5)(2)
Income from discontinued operations  0 00 
Income (loss) before gain (loss) on sale of properties:(1)22(3)(7)(5)(2)
Other undisclosed net loss(0)      
Net income (loss):(1)22(3)(7)(5)(2)
Other undisclosed net income attributable to parent  00000
Net income (loss) available to common stockholders, diluted:(1)22(3)(6)(5)(2)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):(1)22(3)(7)(5)(2)
Comprehensive income (loss), net of tax, attributable to parent:(1)22(3)(7)(5)(2)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: