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 | 162 | 75 | 86 | 455 | 804 | 37 | |||
| Cash and cash equivalents | 162 | 75 | 86 | 455 | 804 | 37 | |||
| Receivables | 20 | 20 | 21 | 47 | 152 | 19 | |||
| Prepaid expense | 21 | 5 | 5 | 9 | 9 | 5 | |||
| Total current assets: | 203 | 99 | 111 | 512 | 965 | 60 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 157 | 206 | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 2 | 5 | 9 | 8 | 9 | 4 | |||
| Intangible assets, net (including goodwill) | 16 | ||||||||
| Intangible assets, net (excluding goodwill) | 16 | ||||||||
| Other noncurrent assets | 18 | 20 | 23 | ||||||
| Other undisclosed noncurrent assets | 14 | 16 | 9 | ||||||
| Total noncurrent assets: | 173 | 228 | 28 | 28 | 31 | 29 | |||
| TOTAL ASSETS: | 376 | 327 | 139 | 540 | 997 | 89 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 1,010 | 1,116 | 946 | 946 | 900 | 2,657 | |||
| Accounts payable | 475 | 936 | 891 | 1,296 | |||||
| Accrued liabilities | 5,187 | 4,842 | 10 | 10 | 13 | ||||
| Employee-related liabilities | 1,348 | ||||||||
| Other undisclosed accounts payable and accrued liabilities | (4,652) | (3,726) | 946 | ||||||
| Debt | 2,586 | 2,284 | 3,719 | 3,214 | 1,704 | 2,676 | |||
| Deferred compensation liability | 818 | ||||||||
| Derivative instruments and hedges, liabilities | 163 | 1,516 | 1,314 | 623 | 262 | 989 | |||
| Due to related parties | 298 | 743 | 743 | 743 | 743 | 723 | |||
| Other undisclosed current liabilities | 10,073 | 9,821 | 7,221 | 5,808 | 5,009 | 6,526 | |||
| Total current liabilities: | 14,130 | 15,481 | 13,942 | 11,333 | 9,436 | 13,571 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 125 | 163 | 223 | ||||||
| Long-term debt, excluding current maturities | 463 | 148 | 223 | ||||||
| Operating lease, liability | 125 | 162 | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed long-term debt and lease obligation | (463) | (147) | |||||||
| Other undisclosed noncurrent liabilities | 463 | 147 | (556) | 20 | |||||
| Total noncurrent liabilities: | 588 | 310 | (556) | 243 | |||||
| Total liabilities: | 14,718 | 15,791 | 13,386 | 11,333 | 9,436 | 13,814 | |||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | (14,342) | (15,464) | (13,803) | (10,793) | (8,439) | (13,724) | |||
| Preferred stock | 987 | 987 | |||||||
| Common stock | 72 | 295 | 237 | 234 | 232 | 2 | |||
| Additional paid in capital | 39,814 | 28,380 | 26,350 | 25,522 | 24,655 | 22,526 | |||
| Accumulated deficit | (54,396) | (44,353) | (40,825) | (37,543) | (34,319) | (37,257) | |||
| Other undisclosed stockholders' equity attributable to parent | 168 | 213 | 435 | 994 | 5 | 18 | |||
| Stockholders' equity attributable to noncontrolling interest | (777) | ||||||||
| Other undisclosed stockholders' equity | 823 | 1,555 | 556 | ||||||
| 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: | 376 | 327 | 139 | 540 | 997 | 89 | |||
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 | 207 | 768 | 234 | 274 | 384 | 272 | ||
| Other income | 53 | 31 | ||||||
| Cost of revenue | (13) | (11) | (14) | (13) | (6) | (8) | ||
| Gross profit: | 194 | 758 | 220 | 262 | 378 | 263 | ||
| Operating expenses | (2,883) | (2,369) | (2,620) | (2,655) | (2,821) | (1,375) | ||
| Other undisclosed operating income | 13 | 11 | ||||||
| Operating loss: | (2,676) | (1,601) | (2,401) | (2,394) | (2,443) | (1,112) | ||
| Nonoperating income (expense) | 1,190 | 1,828 | 146 | (321) | (696) | |||
| Investment income, nonoperating | 1,190 | 311 | 146 | (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 | 45 | 222 | 556 | 4,561 | 545 | |||
| 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 | 45 | 222 | 556 | |||||
| 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.