Strikeforce Technologies Inc (SFOR) financial statements (2021 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)

9/30/2020
TTM
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 investments 75864558043713
Cash and cash equivalents 75864558043713
Receivables 2021471521939
Prepaid expense 55995 
Other undisclosed current assets      19
Total current assets: 991115129656070
Noncurrent Assets
Operating lease, right-of-use asset 206
Property, plant and equipment 598946
Intangible assets, net (including goodwill)     1618
Intangible assets, net (excluding goodwill)     1618
Other noncurrent assets  182023  
Other undisclosed noncurrent assets 16   910
Total noncurrent assets: 2282828312934
TOTAL ASSETS: 32713954099789104
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 1,1169469469002,6577,774
Accounts payable   9368911,2961,376
Accrued liabilities 4,842 1010134,683
Employee-related liabilities     1,3481,715
Other undisclosed accounts payable and accrued liabilities (3,726)946    
Debt 2,2843,7193,2141,7042,6761,898
Deferred compensation liability    818  
Derivative instruments and hedges, liabilities 1,5161,3146232629891,415
Due to related parties 743743743743723 
Other undisclosed current liabilities 9,8217,2215,8085,0096,5261,079
Total current liabilities: 15,48113,94211,3339,43613,57112,166
Noncurrent Liabilities
Long-term debt and lease obligation, including: 163   22397
Long-term debt, excluding current maturities 148   22397
Operating lease, liability 162
Other undisclosed long-term debt and lease obligation (147)     
Other undisclosed noncurrent liabilities 147(556)  20 
Total noncurrent liabilities: 310(556)  24397
Other undisclosed liabilities      40
Total liabilities: 15,79113,38611,3339,43613,81412,303
Stockholders' equity
Stockholders' equity attributable to parent, including: (15,464)(13,803)(10,793)(8,439)(13,724)(12,199)
Preferred stock    987987987
Common stock 29523723423220
Additional paid in capital 28,38026,35025,52224,65522,52622,250
Accumulated deficit (44,353)(40,825)(37,543)(34,319)(37,257)(35,450)
Other undisclosed stockholders' equity attributable to parent 21343599451814
Stockholders' equity attributable to noncontrolling interest (777)     
Other undisclosed stockholders' equity 1,555556    
Total stockholders' equity: (14,687)(13,247)(10,793)(8,439)(13,724)(12,199)
Other undisclosed liabilities and equity (777)     
TOTAL LIABILITIES AND EQUITY: 32713954099789104

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

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues 768234274384272325
Cost of revenue (11)(14)(13)(6)(8)(10)
Gross profit: 758220262378263315
Operating expenses (2,369)(2,620)(2,655)(2,821)(1,375)(1,583)
Other undisclosed operating income 11     
Operating loss: (1,601)(2,401)(2,394)(2,443)(1,112)(1,267)
Nonoperating income (expense) 1,828146(321) (696)(2,516)
Investment income, nonoperating 311146(321)  (433)
Debt instrument, convertible, beneficial conversion feature 1,516     
Other nonoperating expense     (696)(2,083)
Interest and debt expense (843)(781)(171)820(545)(1,650)
Other undisclosed loss from continuing operations before equity method investments, income taxes (3,132)     
Loss from continuing operations before equity method investments, income taxes: (3,748)(3,036)(2,885)(1,623)(2,353)(5,433)
Other undisclosed loss from continuing operations before income taxes  (800)(250)   
Loss from continuing operations before income taxes: (3,748)(3,836)(3,135)(1,623)(2,353)(5,433)
Income tax expense (2)(2)(72)  (0)
Loss before gain (loss) on sale of properties: (3,750)(3,837)(3,207)(1,623)(2,353)(5,433)
Other undisclosed net income      2,083
Net loss: (3,750)(3,837)(3,207)(1,623)(2,353)(3,350)
Net loss attributable to noncontrolling interest (222)(556)    
Other undisclosed net income attributable to parent 222556 4,561545 
Net income (loss) attributable to parent: (3,750)(3,837)(3,207)2,939(1,807)(3,350)
Preferred stock dividends and other adjustments   (18)   
Other undisclosed net income available to common stockholders, basic 222556    
Net income (loss) available to common stockholders, diluted: (3,528)(3,282)(3,224)2,939(1,807)(3,350)

Comprehensive Income ($ in thousands)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net loss: (3,750)(3,837)(3,207)(1,623)(2,353)(3,350)
Comprehensive loss: (3,750)(3,837)(3,207)(1,623)(2,353)(3,350)
Comprehensive loss, net of tax, attributable to noncontrolling interest (222)(556)    
Comprehensive loss, net of tax, attributable to parent: (3,971)(4,393)(3,207)(1,623)(2,353)(3,350)

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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