Lightyear Network Solutions, Inc. (LYNS) financial statements (2022 and earlier)

Company profile

Business Address 1901 EASTPOINT PARKWAY
LOUISVILLE, KY 40223
State of Incorp. NV
Fiscal Year End December 31
SIC 4813 - Telephone Communications, Except Radiotelephone (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments48
Cash and cash equivalents48
Receivables4,694
Inventory, net of allowances, customer advances and progress billings267
Inventory267
Deposits current assets1,895
Prepaid expense and other current assets1,138
Total current assets:8,042
Noncurrent Assets
Property, plant and equipment5,511
Intangible assets, net (including goodwill)1,492
Intangible assets, net (excluding goodwill)1,492
Total noncurrent assets:7,004
TOTAL ASSETS:15,046
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities7,242
Accounts payable6,212
Employee-related liabilities300
Taxes payable729
Debt1,099
Deferred revenue and credits674
Other liabilities1,668
Other undisclosed current liabilities(511)
Total current liabilities:10,171
Noncurrent Liabilities
Long-term debt and lease obligation3,112
Long-term debt, excluding current maturities2,400
Capital lease obligations711
Liabilities, other than long-term debt6,288
Deferred tax liabilities, net38
Due to related parties6,250
Total noncurrent liabilities:9,400
Total liabilities:19,571
Stockholders' equity
Stockholders' equity attributable to parent(4,525)
Common stock22
Additional paid in capital10,149
Accumulated deficit(13,472)
Receivable from shareholders or affiliates for issuance of capital stock(1,223)
Total stockholders' equity:(4,525)
TOTAL LIABILITIES AND EQUITY:15,046

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

12/31/2012
Revenues66,441
Cost of revenue(44,281)
Gross profit:22,160
Operating expenses(23,968)
Operating loss:(1,809)
Nonoperating expense(454)
Interest and debt expense(236)
Other undisclosed income from continuing operations before equity method investments, income taxes236
Loss from continuing operations before income taxes:(2,263)
Income tax benefit192
Net loss:(2,071)
Other undisclosed net loss attributable to parent(192)
Net loss available to common stockholders, diluted:(2,263)

Comprehensive Income ($ in thousands)

12/31/2012
Net loss:(2,071)
Comprehensive loss, net of tax, attributable to parent:(2,071)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: