The Joint Corp. (JYNT) financial statements (2020 and earlier)

Company profile

Business Address 16767 N PERIMETER DRIVE
SCOTTSDALE, AZ 85260
State of Incorp. DE
Fiscal Year End December 31
SIC 6794 - Patent Owners and Lessors (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)
Annual | Quarterly

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8,4568,7174,2163,01016,79320,797
Cash and cash equivalents8,4568,7174,2163,01016,79320,797
Restricted cash and investments186138104334385225
Receivables2,7741,3631,3101,1058751,128
Contract with customer, asset766611✕✕✕✕
Deferred tax assets✕    209
Other undisclosed current assets1,1228821,0261,2489721,045
Total current assets:13,30411,7116,6575,69719,02523,403
Noncurrent Assets
Finance lease, right-of-use asset56✕✕✕✕✕
Operating lease, right-of-use asset12,487✕✕✕✕✕
Property, plant and equipment2,2313,6583,8004,7257,1391,134
Long-term investments and receivables 129352 1632
Accounts and financing receivable, after allowance for credit loss 129352 1632
Intangible assets, net (including goodwill)7,3704,5504,6765,0895,009830
Goodwill4,1502,9162,9162,7502,467677
Intangible assets, net (excluding goodwill)3,2201,6341,7602,3392,542153
Contract with customer, asset, net3,6272,878✕✕✕✕
Deposits noncurrent assets336600612708639585
Other undisclosed noncurrent assets4,295 8138361,5352,574
Total noncurrent assets:30,40211,81510,25311,35814,3375,156
TOTAL ASSETS:43,70623,52616,91017,05533,36228,559
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:4,5873,5552,0232,1053,8661,271
Accounts payable1,5261,2531,0691,0551,997 
Accrued liabilities21726687300376 
Employee-related liabilities2,8442,0368677501,493618
Other undisclosed accounts payable and accrued liabilities     653
Deferred revenue2,741✕✕✕✕✕
Debt2,3371,100100332452 
Deferred rent credit 137✕✕✕✕
Liability for uncertainty in income taxes    66122
Deferred revenue and credits✕✕2,7063,2932,9142,138
Contract with customer, liability✕2,370✕✕✕✕
Other liabilities51947849615551
Other undisclosed current liabilities3,3831,0999073135683
Total current liabilities:13,5668,7384,9675,8647,4874,265
Noncurrent Liabilities
Long-term debt and lease obligation11,935 1,000 130 
Long-term debt, excluding current maturities  1,000 130 
Finance lease, liability34✕✕✕✕✕
Operating lease, liability11,901✕✕✕✕✕
Liabilities, other than long-term debt12,48312,4276,0444,2665,0668,667
Deferred revenue and credits✕✕5,4963,6334,8278,368
Deferred revenue12,366✕✕✕✕✕
Contract with customer, liability✕11,239✕✕✕✕
Deferred rent credit 722✕✕✕✕
Deferred tax liabilities, net✕77136121  
Deferred income tax liabilities90✕✕✕✕✕
Other liabilities27389411512239299
Total noncurrent liabilities:24,41912,4277,0444,2665,1968,667
Total liabilities:37,98521,16512,01110,12912,68312,932
Stockholders' equity
Stockholders' equity attributable to parent5,7202,3614,8996,92520,67915,627
Common stock141414131310
Treasury stock, value(111)(91)(86)(503)(792)(792)
Additional paid in capital39,45538,18937,23036,39935,26721,421
Accumulated deficit(33,637)(35,751)(32,259)(28,983)(13,810)(5,012)
Stockholders' equity attributable to noncontrolling interest0     
Total stockholders' equity:5,7212,3614,8996,92520,67915,627
TOTAL LIABILITIES AND EQUITY:43,70623,52616,91017,05533,36228,559

Income statement (P&L) ($ in thousands)
Annual | Quarterly

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues48,45131,78925,16420,52413,8357,117
Revenue, net✕✕24,18219,63712,6376,428
Cost of revenue(5,566)(4,310)(3,312)(2,940)(2,820)(2,246)
Cost of goods and services sold  (3,312)(2,940)(2,820)(2,246)
Gross profit:42,88527,47921,85217,58411,0164,870
Operating expenses(39,356)(26,680)(24,609)(29,086)(20,332)(6,610)
Other undisclosed operating income (loss)(114)(594)(418)(3,520) 113
Operating income (loss):3,415205(3,175)(15,023)(9,316)(1,627)
Nonoperating income (expense)(42)10(64)13283(64)
Investment income, nonoperating1958  261 
Other nonoperating income (expense)(62)(48)(64)1322 
Interest and debt expense(7)     
Income (loss) from continuing operations before equity method investments, income taxes:3,366215(3,239)(15,009)(9,033)(1,691)
Other undisclosed income from continuing operations before income taxes7     
Income (loss) from continuing operations before income taxes:3,372215(3,239)(15,009)(9,033)(1,691)
Income tax expense (benefit)(49)38(36)(164)236(1,340)
Net income (loss) available to common stockholders, diluted:3,324253(3,275)(15,174)(8,797)(3,031)

Comprehensive Income ($ in thousands)
Annual | Quarterly

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):3,324253(3,275)(15,174)(8,797)(3,031)
Comprehensive income (loss), net of tax, attributable to parent:3,324253(3,275)(15,174)(8,797)(3,031)

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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