Spine Injury Solutions, Inc (SPIN) financial statements (2022 and earlier)

Company profile

Business Address 5151 MITCHELLDALE
HOUSTON, TX 77092
State of Incorp. DE
Fiscal Year End December 31
SIC 806 - Hospitals (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2021
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 investments16421115778256174
Cash and cash equivalents16421115778256174
Receivables272324801,0401,0781,3951,301
Inventory, net of allowances, customer advances and progress billings   11620118475
Inventory   11620118475
Prepaid expense  121199159
Other undisclosed current assets   3   
Total current assets:442746031,2271,3661,8451,709
Noncurrent Assets
Property, plant and equipment 112577435979
Long-term investments and receivables (585)5321,9232,4062,2973,400
Accounts and financing receivable, after allowance for credit loss (585)5321,9232,4062,2973,400
Intangible assets, net (including goodwill)   170170170170
Goodwill   170170170170
Other undisclosed noncurrent assets 585     
Total noncurrent assets: 115572,1712,6192,5263,649
TOTAL ASSETS:442851,1603,3973,9854,3715,359
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:374341767983100
Other undisclosed accounts payable and accrued liabilities374341767983100
Debt3954901,07090225300500
Due to related parties   528 29
Other undisclosed current liabilities   1,5651,3251,275 
Total current liabilities:4325331,1111,7361,6571,658630
Noncurrent Liabilities
Long-term debt and lease obligation      50
Long-term debt, excluding current maturities      50
Other undisclosed noncurrent liabilities      1,145
Total noncurrent liabilities:      1,195
Total liabilities:4325331,1111,7361,6571,6581,825
Stockholders' equity
Stockholders' equity attributable to parent(389)(248)491,6622,3282,7133,534
Common stock20202020202020
Additional paid in capital19,87019,87019,87019,87019,86519,84419,909
Accumulated deficit(20,279)(20,138)(19,841)(18,228)(17,557)(17,151)(16,395)
Total stockholders' equity:(389)(248)491,6622,3282,7133,534
TOTAL LIABILITIES AND EQUITY:442851,1603,3973,9854,3715,359

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues1691722091,8361,8562,1172,192
Revenue, net1,8562,1172,192
Operating lease, lease income 66 
Cost of revenue  (115)(657)(572)(689)(850)
Cost of goods and services sold  (116)(657)(572)(689)(850)
Provision for loan, lease, and other losses  (71) 
Gross profit:169172941,1791,2841,4281,342
Operating expenses(380)(507)(1,644)(1,793)(1,625)(2,087)(2,086)
Other undisclosed operating loss    (16)(46)(262)
Operating loss:(211)(335)(1,550)(614)(357)(705)(1,005)
Nonoperating income (expense)7138(63)(58)(49)(51)(52)
Other nonoperating income971286710
Interest and debt expense(27)64(65)(66)(56)(58)(63)
Net loss:(167)(233)(1,678)(738)(462)(814)(1,120)
Other undisclosed net income (loss) attributable to parent27(64)6566565863
Net loss available to common stockholders, diluted:(140)(297)(1,613)(672)(406)(756)(1,058)

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net loss:(167)(233)(1,678)(738)(462)(814)(1,120)
Comprehensive loss, net of tax, attributable to parent:(167)(233)(1,678)(738)(462)(814)(1,120)

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.

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: