Speed Commerce Inc (SPDC) financial statements (2021 and earlier)

Company profile

Business Address 1303 E. ARAPAHO ROAD, SUITE 200
State of Incorp. MN
Fiscal Year End March 31
SIC 5045 - Computers and Computer Peripheral Equipment and Software (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

Current Assets
Cash, cash equivalents, and short-term investments600
Cash and cash equivalents600
Inventory, net of allowances, customer advances and progress billings234
Inventory2 34
Prepaid expense21
Deferred costs72 
Disposal group, including discontinued operation 102 
Prepaid expense and other current assets3
Total current assets:36124121
Noncurrent Assets
Property, plant and equipment231514
Long-term investments and receivables1  
Accounts and financing receivable, after allowance for credit loss1  
Intangible assets, net (including goodwill)875054
Intangible assets, net (excluding goodwill)422023
Deposits noncurrent assets3  
Deferred costs1  
Other noncurrent assets126
Prepaid expense and other noncurrent assets7
Assets of disposal group, including discontinued operation8 
Other undisclosed noncurrent assets(6) 0
Total noncurrent assets:1237975
TOTAL ASSETS:158203196
Current Liabilities
Accounts payable and accrued liabilities2916110
Accounts payable1613104
Accrued liabilities1024
Employee-related liabilities212
Taxes payable0  
Disposal group, including discontinued operation 88 
Liabilities of business transferred under contractual arrangement1  
Deferred revenue and credits4  
Other liabilities1041
Other undisclosed current liabilities(6)(0)3
Total current liabilities:40147139
Noncurrent Liabilities
Long-term debt and lease obligation9600
Long-term debt, excluding current maturities96  
Capital lease obligations000
Liabilities, other than long-term debt2952
Deferred revenue and credits12  
Deferred tax liabilities, net111
Disposal group, including discontinued operation, liabilities 0 
Liabilities of business transferred under contractual arrangement 1 
Other liabilities1621
Other undisclosed noncurrent liabilities(12)(0)2
Total noncurrent liabilities:11354
Total liabilities:153151143
Stockholders' equity
Stockholders' equity attributable to parent, including:65154
Preferred stock9  
Common stock216213190
Accumulated other comprehensive income 10
Accumulated deficit(219)(163)(136)
Warrants and rights outstanding0  
Other undisclosed stockholders' equity attributable to parent(0)  
Total stockholders' equity:65154

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

(Revenue, Net)
Cost of revenue(105)(89)(434)
Cost of goods and services sold(105)(89) 
Gross profit:151851
Operating expenses(57)(24)(49)
Operating income (loss):(43)(6)2
Nonoperating income (expense)90(2)
Foreign currency transaction loss, before tax  (1)
Other nonoperating income (expense)90(1)
Interest and debt expense(9)(2) 
Other undisclosed loss from continuing operations before equity method investments, income taxes  (0)
Income (loss) from continuing operations before income taxes:(43)(8)0
Income tax expense(0)(0)(12)
Loss from continuing operations:(43)(8)(12)
Loss from discontinued operations(13)  
Net loss:(56)(8)(12)
Other undisclosed net loss attributable to parent (19) 
Net loss attributable to parent:(56)(27)(12)
Preferred stock dividends and other adjustments0  
Other undisclosed net income available to common stockholders, basic56  
Net loss available to common stockholders, basic:(0)(27)(12)
Convertible preferred dividends0  
Net income (loss) available to common stockholders, diluted:0(27)(12)

Comprehensive Income ($ in millions)

Net loss:(56)(8)(12)
Other comprehensive loss(1)  
Comprehensive loss:(57)(8)(12)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (18)0
Comprehensive loss, net of tax, attributable to parent:(57)(26)(11)

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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