Spire Corp (SPIR) financial statements (2022 and earlier)

Company profile

Business Address ONE PATRIOTS PARK
BEDFORD, MA 01730-2396
State of Incorp. MA
Fiscal Year End December 31
SIC 3674 - Semiconductors and Related Devices (benchmarking)
More info Complete financial analysis Financial benchmarking

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

Current Assets
Cash, cash equivalents, and short-term investments7,5213,030
Cash and cash equivalents3,9863,030
Short-term investments3,535 
Inventory, net of allowances, customer advances and progress billings3,8165,316
Deferred costs849185
Disposal group, including discontinued operation 718
Deposits current assets 69
Prepaid expense and other current assets617
Other undisclosed current assets1,096 
Total current assets:14,69612,072
Noncurrent Assets
Property, plant and equipment9411,197
Long-term investments and receivables 2,963
Long-term investments 2,963
Intangible assets, net (including goodwill)282239
Intangible assets, net (excluding goodwill)282239
Other noncurrent assets432
Other undisclosed noncurrent assets(282)154
Total noncurrent assets:1,3734,553
TOTAL ASSETS:16,06916,625
Current Liabilities
Accounts payable and accrued liabilities5,3484,252
Accounts payable2,3231,424
Accrued liabilities2,3362,221
Employee-related liabilities689607
Deferred compensation liability3,535 
Disposal group, including discontinued operation21171
Deferred revenue and credits1,4331,037
Other undisclosed current liabilities(106)(607)
Total current liabilities:10,9925,456
Noncurrent Liabilities
Long-term debt and lease obligation5,0648
Long-term debt, excluding current maturities5,064 
Capital lease obligations 8
Liabilities, other than long-term debt7263,709
Deferred compensation liability, classified 2,963
Other liabilities726746
Total noncurrent liabilities:5,7903,717
Total liabilities:16,7829,173
Stockholders' equity
Stockholders' equity attributable to parent(669)7,452
Common stock9391
Additional paid in capital23,26723,084
Accumulated other comprehensive income393222
Accumulated deficit(24,422)(15,945)
Stockholders' equity attributable to noncontrolling interest(44) 
Total stockholders' equity:(713)7,452

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

(Revenue, Net)
Cost of revenue
(Cost of Goods and Services Sold)
Gross profit:2,5065,271
Operating expenses(10,882)(11,909)
Other undisclosed operating income 35
Operating loss:(8,376)(6,603)
Nonoperating expense(156)(99)
Gain on contract termination 35
Other nonoperating expense(147)(127)
Interest and debt expense(138)(120)
Loss from continuing operations before equity method investments, income taxes:(8,670)(6,822)
Other undisclosed income from continuing operations before income taxes14792
Loss from continuing operations before income taxes:(8,523)(6,730)
Income tax benefit21,948
Other undisclosed income from continuing operations 3
Net loss:(8,521)(4,779)
Net income attributable to noncontrolling interest44 
Other undisclosed net income attributable to parent 2,921
Net loss available to common stockholders, diluted:(8,477)(1,858)

Comprehensive Income ($ in thousands)

Net loss:(8,521)(4,779)
Other undisclosed comprehensive income171 
Comprehensive loss:(8,350)(4,779)
Comprehensive loss, net of tax, attributable to noncontrolling interest(44) 
Other undisclosed comprehensive income, net of tax, attributable to parent882,942
Comprehensive loss, net of tax, attributable to parent:(8,306)(1,837)

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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