StrikeForce Technologies Inc. (SFOR) financial statements (2022 and earlier)

Company profile

Business Address 1090 KING GEORGES POST ROAD
EDISON, NJ 08837
State of Incorp. WY
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)

9/30/2021
TTM
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 162758645580437
Cash and cash equivalents 162758645580437
Receivables 2020214715219
Prepaid expense 2155995
Total current assets: 2039911151296560
Noncurrent Assets
Operating lease, right-of-use asset 157206
Property, plant and equipment 259894
Intangible assets, net (including goodwill)      16
Intangible assets, net (excluding goodwill)      16
Other noncurrent assets   182023 
Other undisclosed noncurrent assets 1416   9
Total noncurrent assets: 17322828283129
TOTAL ASSETS: 37632713954099789
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 1,0101,1169469469002,657
Accounts payable 475  9368911,296
Accrued liabilities 5,1874,842 101013
Employee-related liabilities      1,348
Other undisclosed accounts payable and accrued liabilities (4,652)(3,726)946   
Debt 2,5862,2843,7193,2141,7042,676
Deferred compensation liability     818 
Derivative instruments and hedges, liabilities 1631,5161,314623262989
Due to related parties 298743743743743723
Other undisclosed current liabilities 10,0739,8217,2215,8085,0096,526
Total current liabilities: 14,13015,48113,94211,3339,43613,571
Noncurrent Liabilities
Long-term debt and lease obligation, including: 125163   223
Long-term debt, excluding current maturities 463148   223
Operating lease, liability 125162
Other undisclosed long-term debt and lease obligation (463)(147)    
Other undisclosed noncurrent liabilities 463147(556)  20
Total noncurrent liabilities: 588310(556)  243
Total liabilities: 14,71815,79113,38611,3339,43613,814
Stockholders' equity
Stockholders' equity attributable to parent, including: (14,342)(15,464)(13,803)(10,793)(8,439)(13,724)
Preferred stock     987987
Common stock 722952372342322
Additional paid in capital 39,81428,38026,35025,52224,65522,526
Accumulated deficit (54,396)(44,353)(40,825)(37,543)(34,319)(37,257)
Other undisclosed stockholders' equity attributable to parent 168213435994518
Stockholders' equity attributable to noncontrolling interest  (777)    
Other undisclosed stockholders' equity 8231,555556   
Total stockholders' equity: (13,519)(14,687)(13,247)(10,793)(8,439)(13,724)
Other undisclosed liabilities and equity (823)(777)    
TOTAL LIABILITIES AND EQUITY: 37632713954099789

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

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues 207768234274384272
Other income 5331    
Cost of revenue (13)(11)(14)(13)(6)(8)
Gross profit: 194758220262378263
Operating expenses (2,883)(2,369)(2,620)(2,655)(2,821)(1,375)
Other undisclosed operating income 1311    
Operating loss: (2,676)(1,601)(2,401)(2,394)(2,443)(1,112)
Nonoperating income (expense) 1,1901,828146(321) (696)
Investment income, nonoperating 1,190311146(321)  
Debt instrument, convertible, beneficial conversion feature  1,516    
Other nonoperating expense      (696)
Interest and debt expense (654)(843)(781)(171)820(545)
Other undisclosed loss from continuing operations before equity method investments, income taxes (7,948)(3,132)    
Loss from continuing operations before equity method investments, income taxes: (10,088)(3,748)(3,036)(2,885)(1,623)(2,353)
Other undisclosed loss from continuing operations before income taxes   (800)(250)  
Loss from continuing operations before income taxes: (10,088)(3,748)(3,836)(3,135)(1,623)(2,353)
Income tax expense  (2)(2)(72)  
Net loss: (10,088)(3,750)(3,837)(3,207)(1,623)(2,353)
Net loss attributable to noncontrolling interest (45)(222)(556)   
Other undisclosed net income attributable to parent 45222556 4,561545
Net income (loss) attributable to parent: (10,088)(3,750)(3,837)(3,207)2,939(1,807)
Preferred stock dividends and other adjustments    (18)  
Other undisclosed net income available to common stockholders, basic 45222556   
Net income (loss) available to common stockholders, diluted: (10,043)(3,528)(3,282)(3,224)2,939(1,807)

Comprehensive Income ($ in thousands)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net loss: (10,088)(3,750)(3,837)(3,207)(1,623)(2,353)
Comprehensive loss: (10,088)(3,750)(3,837)(3,207)(1,623)(2,353)
Comprehensive loss, net of tax, attributable to noncontrolling interest (45)(222)(556)   
Comprehensive loss, net of tax, attributable to parent: (10,133)(3,971)(4,393)(3,207)(1,623)(2,353)

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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