SharpSpring, Inc. (SHSP) Financial Statements (2024 and earlier)

Company Profile

Business Address 5001 CELEBRATION POINTE AVENUE
GAINESVILLE, FL 32608
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 7372 - Prepackaged Software (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

6/30/2021
MRQ
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 28,26811,8829,3215,4008,6514,159
Cash and cash equivalents 28,26811,8829,3215,4008,6514,159
Receivables 1,6261,3538442,7732,6171,587
Other current assets 1,4341,3631,1842681,397251
Other undisclosed current assets      17
Total current assets: 31,32714,59911,3498,44012,6656,013
Noncurrent Assets
Operating lease, right-of-use asset 8,3525,282
Property, plant and equipment 2,1891,9971,261799905817
Intangible assets, net (including goodwill) 10,25010,9238,8668,8738,8458,882
Goodwill 10,25010,9238,8668,8738,8458,882
Deposits noncurrent assets    253011
Other noncurrent assets 612549665   
Deferred tax assets, net  33 
Other undisclosed noncurrent assets 4,0164,6581,8662,3262,8515,518
Total noncurrent assets: 25,41923,40812,65812,02312,66515,229
TOTAL ASSETS: 56,74638,00724,00720,46325,33021,242
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 1,1562,9862,4121,3021,9361,745
Taxes payable 81142417148436
Accounts payable 1,0752,0531,613505499609
Accrued liabilities  9197756269531,099
Deferred revenue 845861
Debt 5,256370    
Deferred revenue and credits280280895
Deferred tax liabilities   8
Other undisclosed current liabilities 1,260 251  5,191
Total current liabilities: 8,5174,2172,6631,5822,2167,839
Noncurrent Liabilities
Long-term debt and lease obligation 8,5404,977214   
Long-term debt, excluding current maturities 769 214   
Liabilities, other than long-term debt    168195 
Deferred tax liabilities, net 168195 
Operating lease, liability 7,7724,977
Other undisclosed noncurrent liabilities   8,342   
Total noncurrent liabilities: 8,5404,9778,557168195 
Total liabilities: 17,0579,19311,2201,7502,4127,839
Equity
Equity, attributable to parent 39,68928,81312,78818,71322,91813,403
Common stock 13129887
Treasury stock, value (84)(84)(84)(84)(84) 
Additional paid in capital 75,54558,85130,44728,36227,55622,607
Accumulated other comprehensive loss (215)(225)(231)(481)(445)(143)
Accumulated deficit (35,570)(29,741)(17,353)(9,093)(4,117)(9,068)
Total equity: 39,68928,81312,78818,71322,91813,403
TOTAL LIABILITIES AND EQUITY: 56,74638,00724,00720,46325,33021,242

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

6/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues 29,28822,69918,65213,44911,54214,589
Cost of revenue (8,063)(7,142)(5,798)(4,997)(4,462)(3,951)
Gross profit: 21,22515,55712,8538,4527,07910,638
Operating expenses (28,540)(25,820)(21,717)(15,741)(15,107)(18,189)
Operating loss: (7,315)(10,263)(8,864)(7,289)(8,027)(7,551)
Nonoperating income (expense) (20)(147)(545)209442(232)
Investment income, nonoperating  214(400)   
Gain, foreign currency transaction, before tax 48     
Interest and debt expense  (2,163)(758)   
Loss from continuing operations before equity method investments, income taxes: (7,335)(12,573)(10,168)(7,079)(7,585)(7,782)
Other undisclosed income from continuing operations before income taxes  214358   
Loss from continuing operations before income taxes: (7,335)(12,359)(9,810)(7,079)(7,585)(7,782)
Income tax expense (benefit) 1,506(29)3312,1041,869(462)
Loss from continuing operations: (5,829)(12,388)(9,479)(4,975)(5,716)(8,244)
Income (loss) before gain (loss) on sale of properties:(5,829)(12,388)(9,479)(4,975)2,486(8,244)
Income from discontinued operations     8,202 
Net income (loss): (5,829)(12,388)(9,479)(4,975)2,486(8,244)
Other undisclosed net income attributable to parent     2,465 
Net income (loss) available to common stockholders, diluted: (5,829)(12,388)(9,479)(4,975)4,951(8,244)

Comprehensive Income ($ in thousands)

6/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss): (5,829)(12,388)(9,479)(4,975)2,486(8,244)
Other comprehensive income (loss)   250(36)(302) 
Comprehensive income (loss): (5,829)(12,388)(9,229)(5,011)2,184(8,244)
Other undisclosed comprehensive income, net of tax, attributable to parent 106  2,46535
Comprehensive income (loss), net of tax, attributable to parent: (5,820)(12,382)(9,229)(5,011)4,649(8,209)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: