Kitara Media Corp (KITM) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
525 WASHINGTON BLVD JERSEY CITY, NJ 07310 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2014 MRQ | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 2,478 | 259 | |||
| Cash and cash equivalents | 2,478 | 259 | |||
| Receivables | 10,061 | ||||
| Prepaid expense | 268 | ✕ | |||
| Prepaid expense and other current assets | ✕ | ✕ | 18 | ||
| Total current assets: | 12,807 | 277 | |||
| Noncurrent Assets | |||||
| Property, plant and equipment | 910 | 16 | |||
| Intangible assets, net (including goodwill) | 13,942 | ✕ | |||
| Goodwill | 11,816 | ||||
| Intangible assets, net (excluding goodwill) | 2,126 | ||||
| Restricted cash and investments | 183 | ||||
| Other undisclosed noncurrent assets | 74 | 374 | |||
| Total noncurrent assets: | 15,109 | 390 | |||
| TOTAL ASSETS: | 27,916 | 667 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities, including: | 4,629 | 120 | |||
| Other undisclosed accounts payable and accrued liabilities | 4,629 | 120 | |||
| Debt | 200 | ||||
| Deferred revenue and credits | 122 | ||||
| Due to related parties | 2 | ||||
| Other undisclosed current liabilities | 4,284 | (122) | |||
| Total current liabilities: | 9,113 | 122 | |||
| Noncurrent Liabilities | |||||
| Long-term debt and lease obligation | 302 | ||||
| Long-term debt, excluding current maturities | 302 | ||||
| Liabilities, other than long-term debt | 9 | ||||
| Deferred revenue and credits | 9 | ||||
| Other undisclosed noncurrent liabilities | 496 | 122 | |||
| Total noncurrent liabilities: | 807 | 122 | |||
| Total liabilities: | 9,920 | 243 | |||
| Equity | |||||
| Equity, attributable to parent, including: | 17,996 | 424 | |||
| Common stock | 8 | 5 | |||
| Additional paid in capital | 17,820 | 2,225 | |||
| Retained earnings | 168 | ||||
| Other undisclosed equity, attributable to parent | (1,807) | ||||
| Total equity: | 17,996 | 424 | |||
| TOTAL LIABILITIES AND EQUITY: | 27,916 | 667 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2014 TTM | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|
| Revenues | 25,377 | 84 | ||
| Revenue, net | 84 | |||
| Cost of revenue | (17,148) | |||
| Gross profit: | 8,229 | 84 | ||
| Operating expenses | (8,305) | (1,487) | ||
| Other undisclosed operating income | 4 | |||
| Operating loss: | (76) | (1,399) | ||
| Nonoperating expense | (43) | (93) | ||
| Other nonoperating income (expense) | (43) | 7 | ||
| Interest and debt expense | (53) | |||
| Loss from continuing operations before income taxes: | (119) | (1,545) | ||
| Income tax expense | (67) | |||
| Loss from continuing operations: | (186) | (1,545) | ||
| Loss before gain (loss) on sale of properties: | (186) | (1,545) | ||
| Other undisclosed net income | 53 | |||
| Net loss available to common stockholders, diluted: | (186) | (1,492) | ||
Comprehensive Income ($ in thousands)
| 9/30/2014 TTM | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|
| Net loss: | (186) | (1,492) | ||
| Comprehensive loss, net of tax, attributable to parent: | (186) | (1,492) | ||
Statements Sources
The financial statements are based on the Company's filings with 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.