Lighting Science Group Corp (LSCG) Financial Statements (2024 and earlier)

Company Profile

Business Address 1350 DIVISION ROAD
WEST WARWICK, RI 02893
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 364 - Electric Lighting And Wiring Equipment (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2017
MRQ
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 1,9116481,60911,19515,834
Cash and cash equivalents 1,9116481,60911,19515,834
Restricted cash and investments  3,0003,0005,0005,000
Receivables 4,1137,67310,4187,77213,130
Inventory, net of allowances, customer advances and progress billings 16,42221,45022,72619,06128,981
Inventory 16,42221,45022,72619,06128,981
Prepaid expense 9631,1592,9371,900
Deferred costs   1,300  
Prepaid expense and other current assets3,141
Other current assets  1,6801,611359
Other undisclosed current assets 3,000 (1,300)  
Total current assets: 26,40935,61042,30145,28766,087
Noncurrent Assets
Property, plant and equipment 6368572,6506,49916,543
Intangible assets, net (including goodwill) 3,4963,0252,5721,850864
Intangible assets, net (excluding goodwill) 3,4963,0252,5721,850864
Deferred costs   3,230  
Other noncurrent assets 107118118254
Prepaid expense and other noncurrent assets739
Other undisclosed noncurrent assets 401,9667201,4071,360
Total noncurrent assets: 4,2805,9669,29210,01019,507
TOTAL ASSETS: 30,68941,57551,59255,29785,594
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 21,00920,46929,28923,16121,546
Accounts payable 13,84613,19319,36515,98014,791
Accrued liabilities 7,1637,2769,9247,1806,755
Debt 5,785295954
Other undisclosed current liabilities  6,8636,90941,8417,181
Total current liabilities: 26,79427,36036,25665,00728,731
Noncurrent Liabilities
Long-term debt and lease obligation 28,85929,23335814
Long-term debt, excluding current maturities 28,85929,23335814
Liabilities, other than long-term debt 1,0484,1735,637  
Derivative instruments and hedges, liabilities 1,0484,1735,637  
Other undisclosed noncurrent liabilities   27,8139,1759,321
Total noncurrent liabilities: 29,90733,40633,4859,1849,335
Total liabilities: 56,70060,76669,74274,19038,066
Temporary equity, carrying amount 543,996532,187468,907391,957352,025
Equity
Equity, attributable to parent, including: (570,008)(551,377)(487,056)(410,850)(304,497)
Common stock 220    
Treasury stock, value (3,758)(3,758)(3,758)(3,758)(3,758)
Additional paid in capital 282,615281,486320,175331,200347,686
Accumulated other comprehensive loss (1,453)(1,902)(3,358)(3,769)(3,718)
Accumulated deficit (847,632)(827,416)(800,329)(734,734)(644,917)
Other undisclosed equity, attributable to parent  213212210208
Total equity: (570,008)(551,377)(487,056)(410,850)(304,497)
TOTAL LIABILITIES AND EQUITY: 30,68941,57551,59255,29785,594

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

3/31/2017
TTM
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues 52,69779,75091,28583,222127,111
Cost of revenue (46,418)(68,549)(92,932)(98,043)(146,903)
Cost of goods and services sold (46,418)(68,549)(92,425)(98,043)(146,903)
Other undisclosed gross profit   5,230  
Gross profit: 6,27911,2013,582(14,822)(19,791)
Operating expenses (22,785)(30,510)(46,496)(75,114)(86,004)
Operating loss: (16,506)(19,309)(42,913)(89,936)(105,795)
Nonoperating income (expense) (3,706)(7,762)(22,681)119(5,545)
Investment income, nonoperating 2,951(597)(15,659)3,8988,509
Other nonoperating income (expense) 480(349)(267)247166
Interest and debt expense (6,584)(6,283)(6,279)(4,027)(4,647)
Other undisclosed income from continuing operations before equity method investments, income taxes 6,5846,2836,2794,0274,647
Loss from continuing operations before income taxes: (20,213)(27,071)(65,595)(89,817)(111,340)
Income tax expense (3)(17)   
Loss from continuing operations: (20,216)(27,088)(65,595)(89,817)(111,340)
Loss before gain (loss) on sale of properties: (20,216)(27,088)(65,595)(89,817)(111,340)
Net loss available to common stockholders, diluted: (20,216)(27,088)(65,595)(89,817)(111,340)

Comprehensive Income ($ in thousands)

3/31/2017
TTM
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net loss: (20,216)(27,088)(65,595)(89,817)(111,340)
Comprehensive loss: (20,216)(27,088)(65,595)(89,817)(111,340)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent 4491,456411(51)(70)
Comprehensive loss, net of tax, attributable to parent: (19,767)(25,632)(65,184)(89,869)(111,410)

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.

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