Novume Solutions, Inc. (NVMM) financial statements (2020 and earlier)

Company profile

Business Address 7172 COLUMBIA GATEWAY DRIVE
COLUMBIA, MD 21046
State of Incorp. DE
Fiscal Year End December 31
SIC 3669 - Communications Equipment, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,1802,7671,957
Cash and cash equivalents1,1802,7671,957
Receivables  1,475
Inventory, net of allowances, customer advances and progress billings30273156
Inventory30273156
Disposal group, including discontinued operation3,226  
Assets held-for-sale, not part of disposal group3,226  
Other current assets230426688
Other undisclosed current assets2,0665,2656,707
Total current assets:10,2308,53010,983
Noncurrent Assets
Operating lease, right-of-use asset782
Property, plant and equipment4831,467648
Intangible assets, net (including goodwill)14,5807,9278,561
Goodwill6,3363,0933,093
Intangible assets, net (excluding goodwill)8,2444,8355,469
Regulated entity, other noncurrent assets 94 
Other undisclosed noncurrent assets2,91736406
Total noncurrent assets:18,7629,5259,616
TOTAL ASSETS:28,99218,05520,599
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities4,9714,2374,451
Accounts payable4,9711,5941,391
Accrued liabilities 2,6433,061
Deferred revenue749
Debt2,1962,469 
Disposal group, including discontinued operation2,416  
Deferred revenue and credits118
Other undisclosed current liabilities 1,8683,664
Total current liabilities:10,3328,5748,233
Noncurrent Liabilities
Long-term debt and lease obligation21,0769651,406
Long-term debt, excluding current maturities20,4099651,406
Operating lease, liability667
Liabilities, other than long-term debt815853
Deferred revenue and credits53
Deferred revenue775
Deferred rent credit 8
Deferred income tax liabilities10
Disposal group, including discontinued operation, liabilities30  
Total noncurrent liabilities:21,8919731,459
Total liabilities:32,2239,5479,692
Stockholders' equity
Stockholders' equity attributable to parent, including:(9,035)3,4566,510
Common stock221
Additional paid in capital19,37115,5189,934
Accumulated deficit(28,408)(12,064)(5,834)
Other undisclosed stockholders' equity attributable to parent 02,409
Other undisclosed stockholders' equity5,8045,0524,397
Total stockholders' equity:(3,231)8,50810,907
TOTAL LIABILITIES AND EQUITY:28,99218,05520,599

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

12/31/2019
12/31/2018
12/31/2017
Revenues19,32048,56222,136
Cost of revenue(9,058)(34,766)(13,792)
Gross profit:10,26213,7978,343
Operating expenses(19,351)(18,833)(12,982)
Operating loss:(9,089)(5,037)(4,638)
Nonoperating expense
(Other Nonoperating expense)
(5,276)(638)(697)
Interest and debt expense(1,158)(609)(213)
Loss from continuing operations before equity method investments, income taxes:(15,523)(6,284)(5,549)
Other undisclosed income from continuing operations before income taxes1,158609213
Loss from continuing operations before income taxes:(14,365)(5,674)(5,336)
Income tax expense (benefit)(47)(29)295
Loss from continuing operations:(14,412)(5,703)(5,041)
Loss from discontinued operations(1,472)  
Net loss attributable to parent:(15,884)(5,703)(5,041)
Other undisclosed net loss available to common stockholders, basic(1,212)(1,115)(362)
Net loss available to common stockholders, diluted:(17,096)(6,818)(5,403)

Comprehensive Income ($ in thousands)

12/31/2019
12/31/2018
12/31/2017
Net loss:(15,884)(5,703)(5,041)
Comprehensive loss, net of tax, attributable to parent:(15,884)(5,703)(5,041)

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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