Quotemedia Inc (QMCI) financial statements (2021 and earlier)

Company profile

Business Address 17100 E SHEA BLVD
FOUNTAIN HILLS, AZ 85268
State of Incorp. NV
Fiscal Year End December 31
SIC 7389 - Business Services, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
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 investments418815810451272252423
Cash and cash equivalents418815810451272252423
Receivables698681538345434419406
Prepaid expense10810313290758249
Other current assets114481711491034741
Total current assets:1,3391,6471,6521,035884801919
Noncurrent Assets
Operating lease, right-of-use asset671329
Property, plant and equipment2,7562,2731,7031,4211,3731,4041,486
Intangible assets, net (including goodwill)172161167175181187192
Goodwill110110110110110110110
Intangible assets, net (excluding goodwill)62515765717782
Deposits noncurrent assets16161517161919
Total noncurrent assets:3,6152,7791,8851,6121,5691,6091,698
TOTAL ASSETS:4,9534,4263,5372,6472,4532,4102,617
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:2,0271,2861,4951,5661,5001,3101,250
Other undisclosed accounts payable and accrued liabilities2,0271,2861,4951,5661,5001,3101,250
Deferred revenue545579
Debt1220630    
Due to related parties  30 44  
Deferred revenue and credits707549607559
Other undisclosed current liabilities165 678    
Total current liabilities:2,7482,0722,2332,2732,0931,9171,809
Noncurrent Liabilities
Long-term debt and lease obligation50718146    
Finance lease, liability214
Capital lease obligations46    
Operating lease, liability505167
Liabilities, other than long-term debt  46 10,9039,4378,398
Due to related parties  46 10,9039,4378,398
Total noncurrent liabilities:1,01218193 10,9039,4378,398
Total liabilities:3,7602,2532,3262,27312,99711,35410,207
Stockholders' equity
Stockholders' equity attributable to parent(1,419)(811)(1,781)(2,708)(10,544)(8,944)(7,590)
Common stock90909090909090
Additional paid in capital19,60619,56819,15718,7289,3839,3018,998
Accumulated deficit(21,116)(20,469)(21,028)(21,526)(20,017)(18,336)(16,679)
Total stockholders' equity:(1,419)(811)(1,781)(2,708)(10,544)(8,944)(7,590)
Other undisclosed liabilities and equity2,6122,9842,9913,082   
TOTAL LIABILITIES AND EQUITY:4,9534,4263,5372,6472,4532,4102,617

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues12,40211,79411,1289,4928,8708,6599,076
Revenue, net9,4928,8708,6599,076
Cost of revenue(6,702)(5,782)(5,529)(5,213)(5,073)(5,067)(5,074)
Cost of goods and services sold    (5,073)(5,067)(5,074)
Gross profit:5,7006,0125,5994,2793,7973,5914,001
Operating expenses(6,344)(5,412)(5,099)(4,628)(4,410)(4,599)(4,700)
Operating income (loss):(644)600500(349)(613)(1,007)(698)
Nonoperating income (expense)(0)(38)1(1,157)(1,065)(646)(683)
Foreign currency transaction gain (loss), before tax(4)(31)9(93)(51)23598
Interest and debt expense(3)(6)(7)(1,064)(1,014)(881)(781)
Income (loss) from continuing operations before equity method investments, income taxes:(647)556494(2,570)(2,693)(2,535)(2,162)
Other undisclosed income from continuing operations before income taxes3671,0641,014881781
Income (loss) from continuing operations before income taxes:(644)562501(1,506)(1,678)(1,654)(1,381)
Income tax expense  (3)(3)(3)(3)(4)
Net income (loss):(644)562498(1,509)(1,681)(1,657)(1,385)
Other undisclosed net loss attributable to parent(2)(3)     
Net income (loss) attributable to parent:(646)559498(1,509)(1,681)(1,657)(1,385)
Preferred stock dividends and other adjustments 5545    
Net income (loss) available to common stockholders, diluted:(646)614543(1,509)(1,681)(1,657)(1,385)

Comprehensive Income ($ in thousands)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(644)562498(1,509)(1,681)(1,657)(1,385)
Comprehensive income (loss), net of tax, attributable to parent:(644)562498(1,509)(1,681)(1,657)(1,385)

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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