Social Reality, Inc. (SRAX) financial statements (2021 and earlier)

Company profile

Business Address 2629 TOWNSGATE ROAD #215
WESTLAKE VILLAGE, CA 91361
State of Incorp. DE
Fiscal Year End December 31
SIC 7311 - Advertising Agencies (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments9031112
Cash and cash equivalents0031112
Short-term investments8      
Receivables3124874
Prepaid expense0100000
Other current assets 000000
Total current assets:122561086
Noncurrent Assets
Operating lease, right-of-use asset00
Property, plant and equipment0000000
Long-term investments and receivables1      
Accounts and financing receivable, after allowance for credit loss1      
Intangible assets, net (including goodwill), including:26181716161618
Goodwill231616    
Intangible assets, net (excluding goodwill)222212 
Other undisclosed intangible assets, net (including goodwill)   14141518
Prepaid expense     01
Deferred costs     23
Other noncurrent assets0000000
Other undisclosed noncurrent assets   212 
Total noncurrent assets:27181817172022
TOTAL ASSETS:39202324272928
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:42451353
Accounts payable3233123 
Accrued liabilities10     
Employee-related liabilities00     
Interest and dividends payable0      
Other undisclosed accounts payable and accrued liabilities0012123
Debt1   321
Derivative instruments and hedges, liabilities 40    
Due to related parties      3
Business combination, contingent consideration, liability     84
Deferred revenue and credits  00
Other liabilities91  21 
Other undisclosed current liabilities6 5    
Total current liabilities:19795181710
Noncurrent Liabilities
Long-term debt and lease obligation10 2 88
Long-term debt, excluding current maturities0  2 88
Operating lease, liability00
Liabilities, other than long-term debt0     3
Deferred income tax liabilities0 
Business combination, contingent consideration, liability      3
Other undisclosed noncurrent liabilities      1
Total noncurrent liabilities:10 2 812
Total liabilities:20897182522
Stockholders' equity
Stockholders' equity attributable to parent, including:19131417946
Common stock0      
Common stock, value, subscriptions   11  
Additional paid in capital70483337231413
Accumulated deficit(50)(36)(19)(21)(14)(10)(7)
Other undisclosed stockholders' equity attributable to parent 000000
Total stockholders' equity:19131417946
TOTAL LIABILITIES AND EQUITY:39202324272928

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues94102336305
Cost of revenue(3)(2)(3)(9)(23)(14)(3)
Gross profit:6271413162
Operating expenses(18)(20)(18)(18)(17)(15)(6)
Operating income (loss):(12)(18)(12)(4)(5)1(4)
Nonoperating income (expense)(3)120 1  
Investment income, nonoperating    4  
Interest and debt expense(1) (3)(3)(3)(1) 
Income (loss) from continuing operations before equity method investments, income taxes:(16)(17)6(7)(7)(0)(4)
Other undisclosed income (loss) from continuing operations before income taxes1 3 3(3)(1)
Income (loss) from continuing operations before income taxes:(15)(17)9(7)(4)(3)(4)
Income tax expense(0)      
Net income (loss) available to common stockholders, diluted:(15)(17)9(7)(4)(3)(4)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(15)(17)9(7)(4)(3)(4)
Comprehensive income (loss), net of tax, attributable to parent:(15)(17)9(7)(4)(3)(4)

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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