MGT Capital Investments Inc (MGTI) financial statements (2022 and earlier)

Company profile

Business Address 150 FAYETTEVILLE STREET,
RALEIGH, NC 27601
State of Incorp. DE
Fiscal Year End December 31
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)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,230236216969,519389803
Cash and cash equivalents1,230236216969,519345359
Short-term investments     44444
Receivables180     1,575
Prepaid expense   193734  
Deferred costs    160  
Intangible current assets 41830   
Other undisclosed current assets12510125 4816361
Total current assets:1,53525035931910,4615522,439
Noncurrent Assets
Operating lease, right-of-use asset555678
Property, plant and equipment1,2291,8723,536 3,11660235
Long-term investments and receivables50    2871,380
Long-term investments50    2871,380
Intangible assets, net (including goodwill)     4682,226
Goodwill      1,496
Intangible assets, net (excluding goodwill)     468730
Other noncurrent assets3123321204   
Other undisclosed noncurrent assets     (1)39
Total noncurrent assets:1,3372,0513,9352043,1161,3563,680
TOTAL ASSETS:2,8722,3014,29452313,5771,9086,119
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2111,26179554499419078
Accounts payable2111,2617955372876663
Accrued liabilities   770712415
Debt 5711,851   
Derivative instruments and hedges, liabilities 246     
Other liabilities   371011
Other undisclosed current liabilities1,515265142    
Total current liabilities:1,7261,7771,0082,3981,70419179
Noncurrent Liabilities
Long-term debt and lease obligation173359  2,300 
Long-term debt, excluding current maturities     2,300 
Operating lease, liability173359
Other undisclosed noncurrent liabilities(17)(33)     
Total noncurrent liabilities:173359  2,300 
Total liabilities:1,7431,8101,0672,3981,7042,49179
Stockholders' equity
Stockholders' equity attributable to parent1,1294913,227(1,875)11,895(561)6,035
Common stock607507414111592918
Additional paid in capital420,450418,373417,315403,299390,736327,943311,167
Accumulated other comprehensive loss     (66)(1,206)
Accumulated deficit(419,928)(418,389)(414,502)(405,285)(378,900)(328,467)(303,944)
Stockholders' equity attributable to noncontrolling interest    (22)(22)5
Total stockholders' equity:1,1294913,227(1,875)11,873(583)6,040
TOTAL LIABILITIES AND EQUITY:2,8722,3014,29452313,5771,9086,119

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues8831,4404502,0303,134313104
Revenue, net 313102
Cost of revenue   (4,191)(1,502)(209)(5)
Cost of goods and services sold     (209)(5)
Gross profit:8831,440450(2,161)1,63210499
Operating expenses(2,670)(4,311)(7,951)(25,953)(23,240)(20,340)(2,821)
Other undisclosed operating income   4,191   
Operating loss:(1,787)(2,871)(7,501)(23,923)(21,608)(20,236)(2,722)
Nonoperating income (expense)248(1,015)(1,280)74(28,825)(3,153)(1,195)
Investment income, nonoperating     1,453 
Other nonoperating income (expense)86(1,015)(1,280)74(28,825)(4,606)(1,195)
Interest and debt expense(541)(355)3,5401,295 (2,013) 
Loss from continuing operations before equity method investments, income taxes:(2,080)(4,241)(5,241)(22,554)(50,433)(25,402)(3,917)
Other undisclosed income from continuing operations before income taxes     560 
Loss before gain (loss) on sale of properties:(2,080)(4,241)(5,241)(22,554)(50,433)(24,842)(3,917)
Other undisclosed net loss   (1,295)  (1,205)
Net loss:(2,080)(4,241)(5,241)(23,849)(50,433)(24,842)(5,122)
Net income attributable to noncontrolling interest     319341
Other undisclosed net income (loss) attributable to parent541354(3,540)    
Net loss attributable to parent:(1,539)(3,887)(8,781)(23,849)(50,433)(24,523)(4,781)
Preferred stock dividends and other adjustments  (1,005)(2,514)   
Net loss available to common stockholders, diluted:(1,539)(3,887)(9,786)(26,363)(50,433)(24,523)(4,781)

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net loss:(2,080)(4,241)(5,241)(23,849)(50,433)(24,842)(5,122)
Other undisclosed comprehensive income      4,197
Comprehensive loss:(2,080)(4,241)(5,241)(23,849)(50,433)(24,842)(925)
Comprehensive income, net of tax, attributable to noncontrolling interest     319341
Other undisclosed comprehensive income (loss), net of tax, attributable to parent   (2,514)661,140(5,122)
Comprehensive loss, net of tax, attributable to parent:(2,080)(4,241)(5,241)(26,363)(50,367)(23,383)(5,706)

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: