IZEA Worldwide, Inc. (IZEA) financial statements (2022 and earlier)

Company profile

Business Address 1317 EDGEWATER DR #1880
ORLANDO, FL 32804
State of Incorp. NV
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
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments75,43333,0455,8851,9683,9075,94911,608
Cash and cash equivalents75,43333,0455,8851,9683,9075,94911,608
Receivables7,5995,2075,5977,072 3,7463,918
Prepaid expense2,257199400528389322193
Other current assets101741533991217
Other undisclosed current assets    3,647  
Total current assets:85,39038,52612,0359,6077,95210,02915,737
Noncurrent Assets
Property, plant and equipment155231310272286461596
Intangible assets, net (including goodwill)4,2304,5229,92811,4674,2735,2674,274
Goodwill4,0174,0178,3178,3173,6053,6052,468
Intangible assets, net (excluding goodwill)2135061,6123,1506681,6631,806
Deferred costs   755   
Other undisclosed noncurrent assets1,0201,4731,6728171,1171,266932
Total noncurrent assets:5,4056,22611,91013,3115,6756,9945,802
TOTAL ASSETS:90,79544,75223,94422,91813,62717,02321,539
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities4,5903,8053,6304,5873,3492,6811,904
Accounts payable2,0871,8802,2532,6181,7571,438995
Accrued liabilities2,5031,9251,3781,9691,5921,243909
Deferred revenue11,3387,1806,467
Debt 1,47727   7
Deferred rent credit   17
Deferred revenue and credits3,1163,3503,599
Contract with customer, liability4,958
Other undisclosed current liabilities  576,1381,2421,253845
Total current liabilities:15,92812,46310,18115,7007,7077,2846,355
Noncurrent Liabilities
Long-term debt and lease obligation4250346    
Long-term debt, excluding current maturities32459     
Finance lease, liability104446
Liabilities, other than long-term debt    1763108
Deferred revenue and credits1763103
Derivative instruments and hedges, liabilities      5
Other undisclosed noncurrent liabilities    610688889
Total noncurrent liabilities:4250346 627751997
Total liabilities:15,97012,96610,22615,7008,3348,0357,352
Stockholders' equity
Stockholders' equity attributable to parent74,82531,78613,7187,2185,2948,98814,187
Common stock6531111
Additional paid in capital148,452102,41674,09960,31252,57050,79748,436
Accumulated deficit(73,634)(70,635)(60,385)(53,095)(47,277)(41,810)(34,250)
Total stockholders' equity:74,82531,78613,7187,2185,2948,98814,187
TOTAL LIABILITIES AND EQUITY:90,79544,75223,94422,91813,62717,02321,539

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues30,02218,33018,95620,10024,43827,31120,468
Revenue, net24,43827,31120,468
Cost of revenue(14,462)(8,000)(8,521)(9,042)(11,585)(14,242)(12,237)
Cost of goods and services sold     (14,242)(12,237)
Gross profit:15,56110,33010,43411,05812,85213,0688,231
Operating expenses(19,829)(18,911)(26,123)(25,509)(29,914)(20,545)(15,453)
Other undisclosed operating income (loss)(1,089)(1,652)8,5219,04211,585  
Operating loss:(5,358)(10,234)(7,168)(5,409)(5,476)(7,476)(7,222)
Nonoperating income (expense)2,217(16)(122)(309)9(84)(4,086)
Other nonoperating income (expense)2,24247111(28)34(10)10
Interest and debt expense1,927(63)(234)(269)(65)(83)(116)
Net loss:(1,213)(10,313)(7,524)(5,988)(5,533)(7,643)(11,424)
Other undisclosed net income (loss) attributable to parent(1,927)632342696583116
Net loss available to common stockholders, diluted:(3,141)(10,250)(7,290)(5,718)(5,468)(7,560)(11,308)

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net loss:(1,213)(10,313)(7,524)(5,988)(5,533)(7,643)(11,424)
Comprehensive loss, net of tax, attributable to parent:(1,213)(10,313)(7,524)(5,988)(5,533)(7,643)(11,424)

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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