Soliton, Inc. (SOLY) Financial Statements (2024 and earlier)

Company Profile

Business Address 5304 ASHBROOK DRIVE
HOUSTON, TX 77081
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 3841 - Surgical and Medical Instruments and Apparatus (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

9/30/2021
MRQ
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 31,557,00011,876,425133,435
Cash and cash equivalents 31,557,00011,876,425133,435
Receivables 92,0002,360 
Other undisclosed current assets 602,000293,95010,533
Total current assets: 32,251,00012,172,735143,968
Noncurrent Assets
Property, plant and equipment 1,413,000847,3991,014,240
Intangible assets, net (including goodwill) 114,00097,55684,942
Intangible assets, net (excluding goodwill) 114,00097,55684,942
Other noncurrent assets 23,00023,28323,283
Other undisclosed noncurrent assets   276,560
Total noncurrent assets: 1,550,000968,2381,399,025
TOTAL ASSETS: 33,801,00013,140,9731,542,993
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 1,008,0002,851,5369,348,774
Interest and dividends payable   4,747,064
Accounts payable 1,008,0001,338,2622,737,836
Accrued liabilities  1,513,2741,863,874
Deferred revenue  11,745
Debt   293,568
Deferred rent credit   7,106
Due to related parties   65,479
Other undisclosed current liabilities 1,812,000 11,369,695
Total current liabilities: 2,820,0002,863,28121,084,622
Noncurrent Liabilities
Liabilities, other than long-term debt  4,28216,256
Deferred revenue  4,282
Deferred rent credit   16,256
Total noncurrent liabilities:  4,28216,256
Total liabilities: 2,820,0002,867,56321,100,878
Equity
Equity, attributable to parent, including: 30,981,00010,273,410(19,557,885)
Common stock 21,00016,9321,998
Additional paid in capital 101,544,00066,299,84922,568,857
Accumulated deficit (70,584,000)(56,043,371)(42,131,275)
Warrants and rights outstanding   878,622
Other undisclosed equity, attributable to parent   (876,087)
Total equity: 30,981,00010,273,410(19,557,885)
TOTAL LIABILITIES AND EQUITY: 33,801,00013,140,9731,542,993

Income Statement (P&L) (USD)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
Operating expenses (14,694,000)(12,943,388)(8,202,649)
Operating loss: (14,694,000)(12,943,388)(8,202,649)
Nonoperating income (expense) 153,000(808,489)(1,112,287)
Other nonoperating income 153,00014,3693,214
Interest and debt expense  (822,858)(1,115,501)
Loss from continuing operations before equity method investments, income taxes: (14,541,000)(14,574,735)(10,430,437)
Other undisclosed income from continuing operations before income taxes  822,8581,115,501
Loss from continuing operations: (14,541,000)(13,751,877)(9,314,936)
Loss before gain (loss) on sale of properties:(14,541,000)(13,751,877)(9,314,936)
Net loss attributable to parent: (14,541,000)(13,751,877)(9,314,936)
Preferred stock dividends and other adjustments  (160,219)(1,280,000)
Net loss available to common stockholders, diluted: (14,541,000)(13,912,096)(10,594,936)

Comprehensive Income (USD)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
Net loss: (14,541,000)(13,751,877)(9,314,936)
Comprehensive loss, net of tax, attributable to parent: (14,541,000)(13,751,877)(9,314,936)

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: