Lenco Mobile Inc (LNCM) financial statements (2022 and earlier)

Company profile

Business Address 100 SOUTH KING STREET
State of Incorp. DE
Fiscal Year End December 31
SIC 731 - Advertising (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

Current Assets
Cash, cash equivalents, and short-term investments513618
Cash and cash equivalents513618
Prepaid expense and other current assets226
Other current assets249
Total current assets:3,5222,676
Noncurrent Assets
Property, plant and equipment209401
Intangible assets, net (including goodwill)3,72522,212
Intangible assets, net (excluding goodwill)3,1527,259
Other noncurrent assets109
Prepaid expense and other noncurrent assets80
Other undisclosed noncurrent assets(209)(401)
Total noncurrent assets:3,83422,292
Other undisclosed assets209401
TOTAL ASSETS:7,56525,369
Current Liabilities
Accounts payable and accrued liabilities, including:7,6896,712
Other undisclosed accounts payable and accrued liabilities7,6896,712
Other undisclosed current liabilities9,5465,727
Total current liabilities:28,83915,477
Noncurrent Liabilities
Long-term debt and lease obligation1,5446,193
Long-term debt, excluding current maturities1,5206,104
Capital lease obligations2489
Other undisclosed noncurrent liabilities(24)(89)
Total noncurrent liabilities:1,5206,104
Total liabilities:30,35921,581
Stockholders' equity
Stockholders' equity attributable to parent(22,794)3,788
Common stock8181
Treasury stock, value(299)(299)
Additional paid in capital93,60091,248
Accumulated other comprehensive loss(692)(306)
Accumulated deficit(115,484)(86,936)
Total stockholders' equity:(22,794)3,788

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

Cost of revenue(6,609)(6,349)
Gross profit:8,6659,543
Operating expenses(32,508)(28,087)
Operating loss:(23,843)(18,544)
Nonoperating expense(2,681)(780)
Debt instrument, convertible, beneficial conversion feature(14)(3,904)
Other nonoperating income (expense)(8)579
Interest and debt expense(2,150)(1,359)
Other undisclosed income from continuing operations before equity method investments, income taxes2,1501,359
Loss from continuing operations before equity method investments, income taxes:(26,524)(19,324)
Other undisclosed income from continuing operations before income taxes 780
Loss from continuing operations before income taxes:(26,524)(18,544)
Income tax expense(71)(39)
Loss before gain (loss) on sale of properties:(26,595)(18,583)
Other undisclosed net loss (780)
Net loss:(26,595)(19,363)
Net loss attributable to noncontrolling interest (204)
Net loss attributable to parent:(26,595)(19,567)
Other undisclosed net loss available to common stockholders, basic(1,953)(5,042)
Net loss available to common stockholders, basic:(28,548)(24,609)
Other undisclosed net income available to common stockholders, diluted 5,042
Net loss available to common stockholders, diluted:(28,548)(19,567)

Comprehensive Income ($ in thousands)

Net loss:(26,595)(19,363)
Other comprehensive loss(386)(304)
Comprehensive loss:(26,981)(19,667)
Comprehensive income, net of tax, attributable to noncontrolling interest 204
Other undisclosed comprehensive loss, net of tax, attributable to parent (204)
Comprehensive loss, net of tax, attributable to parent:(26,981)(19,667)

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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