McorpCX, Inc. (MCCX) financial statements (2022 and earlier)
Company profile
| Business Address |
2529 DETROIT AVE CLEVELAND, OH 44113 |
| State of Incorp. | CA |
| Fiscal Year End | December 31 |
| SIC | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 9/30/2020 TTM | 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 investments | 589 | 1,350 | 1,616 | 1,926 | 493 | 649 | |||
| Cash and cash equivalents | 589 | 1,350 | 1,616 | 1,926 | 493 | 649 | |||
| Receivables | 486 | 343 | 275 | 32 | 115 | 162 | |||
| Other current assets | 54 | ||||||||
| Other undisclosed current assets | (54) | ||||||||
| Total current assets: | 1,075 | 1,693 | 1,891 | 1,958 | 608 | 811 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 88 | 90 | 87 | 96 | 90 | 91 | |||
| Intangible assets, net (including goodwill), including: | 6 | 33 | 61 | 26 | |||||
| Intangible assets, net (excluding goodwill) | 6 | 33 | 83 | 43 | |||||
| Other undisclosed intangible assets, net (including goodwill) | (22) | (16) | |||||||
| Deferred costs | 91 | ||||||||
| Other noncurrent assets | 55 | 73 | 27 | 22 | 24 | ||||
| Other undisclosed noncurrent assets | 109 | 302 | 399 | 83 | 97 | ||||
| Total noncurrent assets: | 143 | 272 | 422 | 549 | 258 | 305 | |||
| TOTAL ASSETS: | 1,218 | 1,965 | 2,312 | 2,506 | 865 | 1,117 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 254 | 221 | 218 | 67 | 140 | 80 | |||
| Accounts payable | 218 | 67 | 133 | 79 | |||||
| Accrued liabilities | 7 | 0 | |||||||
| Other undisclosed accounts payable and accrued liabilities | 254 | 221 | |||||||
| Deferred revenue | 32 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Debt | 8 | 8 | 50 | ||||||
| Due to related parties | 74 | 86 | |||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 80 | 118 | 91 | |||
| Contract with customer, liability | ✕ | ✕ | 122 | ✕ | ✕ | ✕ | ✕ | ||
| Other liabilities | 2 | 2 | 1 | ||||||
| Other undisclosed current liabilities | 51 | ||||||||
| Total current liabilities: | 295 | 344 | 306 | 193 | 258 | 307 | |||
| Noncurrent Liabilities | |||||||||
| Other undisclosed noncurrent liabilities | 121 | ||||||||
| Total noncurrent liabilities: | 121 | ||||||||
| Other undisclosed liabilities | 2 | ||||||||
| Total liabilities: | 295 | 344 | 306 | 193 | 379 | 309 | |||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 923 | 1,621 | 2,006 | 2,313 | 486 | 808 | |||
| Additional paid in capital | 6,518 | 6,455 | 6,429 | 6,325 | 3,340 | 2,667 | |||
| Accumulated deficit | (5,595) | (4,834) | (4,423) | (4,012) | (2,853) | (1,859) | |||
| Total stockholders' equity: | 923 | 1,621 | 2,006 | 2,313 | 486 | 808 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,218 | 1,965 | 2,312 | 2,506 | 865 | 1,117 | |||
Income statement (P&L) ($ in thousands)
| 9/30/2020 TTM | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 3,240 | 3,987 | 2,514 | 1,638 | 1,335 | 2,057 | ||
| Revenue, net | ✕ | ✕ | ✕ | 2,514 | 1,638 | 1,125 | 1,804 | |
| Cost of revenue (Cost of Goods and Services Sold) | (1,501) | (2,164) | (1,120) | (483) | (491) | (537) | ||
| Gross profit: | 1,739 | 1,823 | 1,394 | 1,154 | 844 | 1,520 | ||
| Operating expenses | (2,494) | (2,227) | (1,783) | (2,260) | (1,836) | (1,518) | ||
| Other operating expense, net (Other Expenses) | (271) | |||||||
| Other undisclosed operating income | 271 | |||||||
| Operating income (loss): | (755) | (404) | (389) | (1,106) | (992) | 2 | ||
| Nonoperating income (expense) | (3) | (6) | (13) | (38) | 12 | 12 | ||
| Foreign currency transaction loss, before tax | (4) | (15) | (14) | |||||
| Other nonoperating expense | (3) | (6) | ||||||
| Interest and debt expense | (3) | (1) | (15) | (11) | ||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (9) | (16) | ||||||
| Net income (loss) available to common stockholders, diluted: | (761) | (411) | (411) | (1,159) | (994) | 3 | ||
Comprehensive Income ($ in thousands)
| 9/30/2020 TTM | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (761) | (411) | (411) | (1,159) | (994) | 3 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (761) | (411) | (411) | (1,159) | (994) | 3 | ||
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.