Rackwise Inc (RACK) financial statements (2021 and earlier)

Company profile

Business Address 101 CALIFORNIA STREET
SAN FRANCISCO, CA 94111
State of Incorp. NV
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)

12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5317
Cash and cash equivalents5317
Receivables47382
Prepaid expense and other current assets54
Other undisclosed current assets24968
Total current assets:349521
Noncurrent Assets
Property, plant and equipment181304
Intangible assets, net (including goodwill)52127
Intangible assets, net (excluding goodwill)52127
Deposits noncurrent assets5656
Total noncurrent assets:290487
TOTAL ASSETS:6391,008
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities4,8454,383
Accounts payable2,1232,212
Accrued liabilities2,7222,172
Debt9191,394
Deferred revenue and credits414768
Other undisclosed current liabilities2,4421,200
Total current liabilities:8,6207,745
Noncurrent Liabilities
Liabilities, other than long-term debt7383
Deferred revenue and credits7383
Other undisclosed noncurrent liabilities2,621 
Total noncurrent liabilities:2,69483
Total liabilities:11,3147,829
Stockholders' equity
Stockholders' equity attributable to parent(10,675)(6,821)
Common stock011
Additional paid in capital39,28736,649
Accumulated deficit(49,962)(43,480)
Total stockholders' equity:(10,675)(6,821)
TOTAL LIABILITIES AND EQUITY:6391,008

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

12/31/2013
12/31/2012
Revenues
(Revenue, Net)
1,9593,253
Cost of revenue(594)(576)
Gross profit:1,3642,677
Operating expenses(5,484)(11,332)
Operating loss:(4,120)(8,655)
Nonoperating expense(2,363)(939)
Debt instrument, convertible, beneficial conversion feature684 
Interest and debt expense(768)(191)
Loss from continuing operations before equity method investments, income taxes:(7,251)(9,784)
Other undisclosed income from continuing operations before income taxes5,030 
Loss from continuing operations before income taxes:(2,221)(9,784)
Income tax benefit 471
Net loss:(2,221)(9,313)
Other undisclosed net loss attributable to parent(4,261)(281)
Net loss available to common stockholders, diluted:(6,482)(9,594)

Comprehensive Income ($ in thousands)

12/31/2013
12/31/2012
Net loss:(2,221)(9,313)
Comprehensive loss, net of tax, attributable to parent:(2,221)(9,313)

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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