Quotemedia Inc (QMCI) Financial Statements (2023 and Earlier)
Company Profile
| Business Address |
17100 E SHEA BLVD FOUNTAIN HILLS, AZ 85268 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2021 | 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 investments | 259 | 418 | 815 | 810 | 451 | 272 | 252 | ||
| Cash and cash equivalents | 259 | 418 | 815 | 810 | 451 | 272 | 252 | ||
| Receivables | 624 | 698 | 681 | 538 | 345 | 434 | 419 | ||
| Prepaid expense | 220 | 108 | 103 | 132 | 90 | 75 | 82 | ||
| Other current assets | 39 | 114 | 48 | 171 | 149 | 103 | 47 | ||
| Total current assets: | 1,142 | 1,339 | 1,647 | 1,652 | 1,035 | 884 | 801 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 830 | 671 | 329 | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 3,418 | 2,756 | 2,273 | 1,703 | 1,421 | 1,373 | 1,404 | ||
| Intangible assets, net (including goodwill) | 175 | 172 | 161 | 167 | 175 | 181 | 187 | ||
| Goodwill | 110 | 110 | 110 | 110 | 110 | 110 | 110 | ||
| Intangible assets, net (excluding goodwill) | 65 | 62 | 51 | 57 | 65 | 71 | 77 | ||
| Deposits noncurrent assets | 16 | 16 | 16 | 15 | 17 | 16 | 19 | ||
| Total noncurrent assets: | 4,439 | 3,615 | 2,779 | 1,885 | 1,612 | 1,569 | 1,609 | ||
| TOTAL ASSETS: | 5,581 | 4,953 | 4,426 | 3,537 | 2,647 | 2,453 | 2,410 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 2,434 | 2,027 | 1,286 | 1,495 | 1,566 | 1,500 | 1,310 | ||
| Other undisclosed accounts payable and accrued liabilities | 2,434 | 2,027 | 1,286 | 1,495 | 1,566 | 1,500 | 1,310 | ||
| Deferred revenue | 622 | 545 | 579 | ✕ | ✕ | ✕ | ✕ | ||
| Debt | 2 | 12 | 206 | 30 | |||||
| Due to related parties | 30 | 44 | |||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 707 | 549 | 607 | ||
| Other undisclosed current liabilities | 181 | 165 | 678 | ||||||
| Total current liabilities: | 3,240 | 2,748 | 2,072 | 2,233 | 2,273 | 2,093 | 1,917 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 533 | 507 | 181 | 46 | |||||
| Finance lease, liability | 2 | 14 | ✕ | ✕ | ✕ | ✕ | |||
| Capital lease obligations | ✕ | ✕ | ✕ | 46 | |||||
| Operating lease, liability | 533 | 505 | 167 | ✕ | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 46 | 10,903 | 9,437 | ||||||
| Due to related parties | 46 | 10,903 | 9,437 | ||||||
| Total noncurrent liabilities: | 1,066 | 1,012 | 181 | 93 | 10,903 | 9,437 | |||
| Total liabilities: | 4,305 | 3,760 | 2,253 | 2,326 | 2,273 | 12,997 | 11,354 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | (1,175) | (1,419) | (811) | (1,781) | (2,708) | (10,544) | (8,944) | ||
| Common stock | 90 | 90 | 90 | 90 | 90 | 90 | 90 | ||
| Additional paid in capital | 19,638 | 19,606 | 19,568 | 19,157 | 18,728 | 9,383 | 9,301 | ||
| Accumulated deficit | (20,903) | (21,116) | (20,469) | (21,028) | (21,526) | (20,017) | (18,336) | ||
| Total stockholders' equity: | (1,175) | (1,419) | (811) | (1,781) | (2,708) | (10,544) | (8,944) | ||
| Other undisclosed liabilities and equity | 2,451 | 2,612 | 2,984 | 2,991 | 3,082 | ||||
| TOTAL LIABILITIES AND EQUITY: | 5,581 | 4,953 | 4,426 | 3,537 | 2,647 | 2,453 | 2,410 | ||
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 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 15,174 | 12,402 | 11,794 | 11,128 | 9,492 | 8,870 | 8,659 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 9,492 | 8,870 | 8,659 | |
| Cost of revenue | (8,439) | (6,702) | (5,782) | (5,529) | (5,213) | (5,073) | (5,067) | |
| Cost of goods and services sold | (5,073) | (5,067) | ||||||
| Gross profit: | 6,736 | 5,700 | 6,012 | 5,599 | 4,279 | 3,797 | 3,591 | |
| Operating expenses | (6,758) | (6,344) | (5,412) | (5,099) | (4,628) | (4,410) | (4,599) | |
| Operating income (loss): | (22) | (644) | 600 | 500 | (349) | (613) | (1,007) | |
| Nonoperating income (expense) | (0) | (38) | 1 | (1,157) | (1,065) | (646) | ||
| Foreign currency transaction gain (loss), before tax | (4) | (31) | 9 | (93) | (51) | 235 | ||
| Interest and debt expense | (3) | (3) | (6) | (7) | (1,064) | (1,014) | (881) | |
| Income (loss) from continuing operations before equity method investments, income taxes: | (25) | (647) | 556 | 494 | (2,570) | (2,693) | (2,535) | |
| Other undisclosed income from continuing operations before income taxes | 3 | 6 | 7 | 1,064 | 1,014 | 881 | ||
| Income (loss) from continuing operations before income taxes: | (25) | (644) | 562 | 501 | (1,506) | (1,678) | (1,654) | |
| Income tax expense (benefit) | 3 | (3) | (3) | (3) | (3) | |||
| Net income (loss): | (22) | (644) | 562 | 498 | (1,509) | (1,681) | (1,657) | |
| Other undisclosed net income (loss) attributable to parent | 234 | (2) | (3) | |||||
| Net income (loss) attributable to parent: | 212 | (646) | 559 | 498 | (1,509) | (1,681) | (1,657) | |
| Preferred stock dividends and other adjustments | 55 | 45 | ||||||
| Net income (loss) available to common stockholders, diluted: | 212 | (646) | 614 | 543 | (1,509) | (1,681) | (1,657) | |
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 income (loss): | (22) | (644) | 562 | 498 | (1,509) | (1,681) | (1,657) | |
| Comprehensive income (loss), net of tax, attributable to parent: | (22) | (644) | 562 | 498 | (1,509) | (1,681) | (1,657) | |
Statements Sources
The financial statements are based on the Company's filings with 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.