SpendSmart Networks, Inc. (SSPC) financial statements (2022 and earlier)

Company profile

Business Address 805 AEROVISTA PLACE
SAN LUIS OBISPO, CA 93401
State of Incorp. DE
Fiscal Year End December 31
SIC 599 - Retail Stores, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2016
12/31/2015
12/31/2014
9/30/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments754701,2421,071
Cash and cash equivalents754701,2421,071
Receivables3194181,046 
Prepaid expense 11616
Other current assets25   
Other undisclosed current assets   178
Total current assets:4198992,2941,265
Noncurrent Assets
Property, plant and equipment(1,396)8965812
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)3991,5716,300
Goodwill  3,202 
Intangible assets, net (excluding goodwill)3991,5713,098 
Assets held-for-sale, long lived146 
Other undisclosed noncurrent assets1,8144802346
Total noncurrent assets:4332,6857,5907
Other undisclosed assets  146 
TOTAL ASSETS:8513,58410,0301,272
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1,9981,4913381,164
Interest and dividends payable6623  
Other undisclosed accounts payable and accrued liabilities1,9311,4683381,164
Debt1,49470  
Derivative instruments and hedges, liabilities1,367 4758
Due to related parties65100  
Deferred revenue and credits749752792 
Other liabilities 1020 
Other undisclosed current liabilities1542,502 174
Total current liabilities:5,8274,9251,1971,395
Noncurrent Liabilities
Liabilities, other than long-term debt  594 
Other liabilities  594 
Other undisclosed noncurrent liabilities 376  
Total noncurrent liabilities: 376594 
Other undisclosed liabilities  869 
Total liabilities:5,8275,3012,6601,395
Stockholders' equity
Stockholders' equity attributable to parent, including:(4,976)1,7177,370(123)
Preferred stock344 
Common stock42201810
Additional paid in capital94,43890,87988,06466,467
Accumulated deficit(99,460)(92,621)(80,716)(66,601)
Warrants and rights outstanding  23,934 
Other undisclosed stockholders' equity attributable to parent 3,435(23,934) 
Other undisclosed stockholders' equity (3,435)  
Total stockholders' equity:(4,976)(1,717)7,370(123)
TOTAL LIABILITIES AND EQUITY:8513,58410,0301,272

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

12/31/2016
12/31/2015
12/31/2014
9/30/2013
Revenues5,7965,5884,0361,020
Revenue, net5,7965,5884,036 
Gross profit:5,7965,5884,0361,020
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, nonoperating2,975458(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 from discontinued operations  (3,983) 
Net loss:(7,312)(12,048)(12,190)(12,584)
Other undisclosed net income attributable to parent47414411
Net loss available to common stockholders, diluted:(6,839)(11,904)(12,188)(12,583)

Comprehensive Income ($ in thousands)

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 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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