SpendSmart Networks, Inc. (SSPC) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
805 AEROVISTA PLACE SAN LUIS OBISPO, CA 93401 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 599 - Retail Stores, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2017 MRQ | 12/31/2016 | 12/31/2015 | 12/31/2014 | 9/30/2013 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 75 | 470 | 1,242 | 1,071 | |||
| Cash and cash equivalents | 75 | 470 | 1,242 | 1,071 | |||
| Receivables | 319 | 418 | 1,046 | ||||
| Prepaid expense | 11 | 6 | 16 | ||||
| Other current assets | 25 | ||||||
| Other undisclosed current assets | 178 | ||||||
| Total current assets: | 419 | 899 | 2,294 | 1,265 | |||
| Noncurrent Assets | |||||||
| Property, plant and equipment | (1,396) | 896 | 581 | 2 | |||
| Long-term investments and receivables | (384) | (262) | 329 | ||||
| Accounts and financing receivable, after allowance for credit loss | (384) | (262) | 329 | ||||
| Intangible assets, net (including goodwill) | 399 | 1,571 | 6,300 | ✕ | |||
| Goodwill | 3,202 | ||||||
| Intangible assets, net (excluding goodwill) | 399 | 1,571 | 3,098 | ||||
| Assets held-for-sale, long lived | ✕ | ✕ | ✕ | 146 | |||
| Other undisclosed noncurrent assets | 1,814 | 480 | 234 | 6 | |||
| Total noncurrent assets: | 433 | 2,685 | 7,590 | 7 | |||
| Other undisclosed assets | 146 | ||||||
| TOTAL ASSETS: | 851 | 3,584 | 10,030 | 1,272 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities, including: | 1,998 | 1,491 | 338 | 1,164 | |||
| Interest and dividends payable | 66 | 23 | |||||
| Other undisclosed accounts payable and accrued liabilities | 1,931 | 1,468 | 338 | 1,164 | |||
| Debt | 1,494 | 70 | |||||
| Derivative instruments and hedges, liabilities | 1,367 | 47 | 58 | ||||
| Deferred revenue and credits | 749 | 752 | 792 | ||||
| Due to related parties | 65 | 100 | |||||
| Other liabilities | 10 | 20 | |||||
| Other undisclosed current liabilities | 154 | 2,502 | 174 | ||||
| Total current liabilities: | 5,827 | 4,925 | 1,197 | 1,395 | |||
| Noncurrent Liabilities | |||||||
| Liabilities, other than long-term debt | 594 | ||||||
| Other liabilities | 594 | ||||||
| Other undisclosed noncurrent liabilities | 376 | ||||||
| Total noncurrent liabilities: | 376 | 594 | |||||
| Other undisclosed liabilities | 869 | ||||||
| Total liabilities: | 5,827 | 5,301 | 2,660 | 1,395 | |||
| Equity | |||||||
| Equity, attributable to parent, including: | (4,976) | 1,717 | 7,370 | (123) | |||
| Preferred stock | 3 | 4 | 4 | ||||
| Common stock | 42 | 20 | 18 | 10 | |||
| Additional paid in capital | 94,438 | 90,879 | 88,064 | 66,467 | |||
| Accumulated deficit | (99,460) | (92,621) | (80,716) | (66,601) | |||
| Warrants and rights outstanding | 23,934 | ||||||
| Other undisclosed equity, attributable to parent | 3,435 | (23,934) | |||||
| Other undisclosed equity | (3,435) | ||||||
| Total equity: | (4,976) | (1,717) | 7,370 | (123) | |||
| TOTAL LIABILITIES AND EQUITY: | 851 | 3,584 | 10,030 | 1,272 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 9/30/2013 | ||
|---|---|---|---|---|---|---|
| Revenues | 5,796 | 5,588 | 4,036 | 1,020 | ||
| Revenue, net | 5,796 | 5,588 | 4,036 | |||
| Gross profit: | 5,796 | 5,588 | 4,036 | 1,020 | ||
| Operating expenses | (11,034) | (17,495) | (12,225) | (22,276) | ||
| Operating loss: | (5,238) | (11,907) | (8,189) | (21,255) | ||
| Nonoperating income (expense) | (1,601) | 2 | (16) | 8,672 | ||
| Investment income, nonoperating | 2,975 | 458 | (15) | 8,673 | ||
| Other nonoperating income | 4 | |||||
| Interest and debt expense | (474) | (144) | (1) | (1) | ||
| Loss from continuing operations: | (7,312) | (12,048) | (8,207) | (12,584) | ||
| Loss before gain (loss) on sale of properties: | (7,312) | (12,048) | (12,190) | (12,584) | ||
| Loss from discontinued operations | (3,983) | |||||
| Net loss: | (7,312) | (12,048) | (12,190) | (12,584) | ||
| Other undisclosed net income attributable to parent | 474 | 144 | 1 | 1 | ||
| Net loss available to common stockholders, diluted: | (6,839) | (11,904) | (12,188) | (12,583) | ||
Comprehensive Income ($ in thousands)
| 3/31/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 9/30/2013 | ||
|---|---|---|---|---|---|---|
| Net loss: | (7,312) | (12,048) | (12,190) | (12,584) | ||
| Comprehensive loss, net of tax, attributable to parent: | (7,312) | (12,048) | (12,190) | (12,584) | ||
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.