Saker Aviation Services, Inc. (SKAS) financial statements (2022 and earlier)

Company profile

Business Address 20 SOUTH STREET
NEW YORK, NY 10004
State of Incorp. NV
Fiscal Year End December 31
SIC 4581 - Airports, Flying Fields, and Airport Terminal Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)
Annual | Quarterly

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 1,8993,5972,8391,7252,192415
Cash and cash equivalents 1,8993,5972,8391,7252,192415
Receivables 1,2188671,1182,2091,7442,821
Inventory, net of allowances, customer advances and progress billings 16418117116311368
Inventory 16418117116311368
Prepaid expense 258     
Assets held-for-sale, not part of disposal group  270    
Other undisclosed current assets  295566532438354
Total current assets: 3,5385,2104,6944,6284,4873,658
Noncurrent Assets
Operating lease, right-of-use asset 446495✕✕✕✕
Property, plant and equipment 2593233886701,0741,497
Long-term investments and receivables     200200
Accounts and financing receivable, after allowance for credit loss     200200
Intangible assets, net (including goodwill) 750750750750785565
Goodwill 750750750750750530
Intangible assets, net (excluding goodwill)     3535
Deposits noncurrent assets 3334797150
Deferred income tax assets  476✕✕✕✕
Deferred tax assets, net✕✕✕507454323173
Total noncurrent assets: 1,4572,0471,6481,9212,4802,585
TOTAL ASSETS: 4,9957,2576,3416,5496,9676,243
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 2811,0906377881,2041,272
Accounts payable 62397348495842683
Accrued liabilities 219320289292361589
Interest and dividends payable  373    
Deferred revenue 81130✕✕✕✕
Debt 3056158345345272
Customer advances and deposits✕✕✕✕127127126
Contract with customer, liability✕✕✕127✕✕✕
Other undisclosed current liabilities 43     
Total current liabilities: 7101,2818211,2591,6751,671
Noncurrent Liabilities
Long-term debt and lease obligation 377400173113458653
Long-term debt, excluding current maturities   173113458653
Operating lease, liability 377400✕✕✕✕
Other undisclosed noncurrent liabilities (377)     
Total noncurrent liabilities: 377400173113458653
Total liabilities: 1,0871,6819951,3722,1332,323
Stockholders' equity
Stockholders' equity attributable to parent 3,9085,5765,3475,1774,8343,919
Common stock 313130323333
Additional paid in capital 19,90919,81919,75719,89720,03019,996
Accumulated deficit (16,032)(14,273)(14,441)(14,752)(15,230)(16,110)
Total stockholders' equity: 3,9085,5765,3475,1774,8343,919
TOTAL LIABILITIES AND EQUITY: 4,9957,2576,3416,5496,9676,243

Income statement (P&L) ($ in thousands)
Annual | Quarterly

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues 3,50611,56811,11812,01614,69115,974
Revenue, net✕✕✕✕12,01614,69115,974
Cost of revenue
(Cost of Goods and Services Sold)		 (2,525)(5,851)(6,067)(5,612)(6,592)(7,263)
Gross profit: 9815,7175,0526,4048,0998,712
Operating expenses (2,472)(4,669)(4,560)(5,311)(6,304)(6,669)
Operating income (loss): (1,491)1,0484921,0931,7952,043
Nonoperating income (expense) (689)1916(32)(27)(124)
Investment income, nonoperating  2733   
Other nonoperating income (expense) (689) 0(10) (99)
Interest and debt expense (24)(8)(17)(21)(27)(25)
Income (loss) from continuing operations before equity method investments, income taxes: (2,204)1,0594911,0401,7401,894
Other undisclosed income from continuing operations before income taxes 24817212725
Income (loss) from continuing operations before income taxes: (2,180)1,0675091,0621,7671,919
Income tax expense (benefit) 431(399)(197)(584)(887)(1,032)
Income (loss) from continuing operations: (1,749)668312478880887
Loss from discontinued operations      (109)
Net income (loss): (1,749)668312478880778
Other undisclosed net loss attributable to parent      (83)
Net income (loss) available to common stockholders, diluted: (1,749)668312478880695

Comprehensive Income ($ in thousands)
Annual | Quarterly

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss): (1,749)668312478880778
Comprehensive income (loss), net of tax, attributable to parent: (1,749)668312478880778

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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