STR Holdings Inc (STRI) Financial Statements (2024 and earlier)
Company Profile
Business Address |
10 WATER STREET ENFIELD, CT 06082 |
State of Incorp. | DE |
Fiscal Year End | December 31 |
Industry (SIC) | 3081 - Unsupported Plastics Film and Sheet (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
9/30/2019 MRQ | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
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ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 5,639 | 13,499 | 12,379 | 7,703 | 16,552 | 58,173 | |||
Cash and cash equivalents | 5,639 | 13,499 | 12,379 | 7,703 | 16,552 | 58,173 | |||
Receivables | 2,261 | 2,103 | 6,349 | 19,514 | 20,309 | 4,771 | |||
Inventory, net of allowances, customer advances and progress billings | 1,808 | 1,110 | 1,847 | 4,806 | 8,248 | 8,557 | |||
Inventory | 1,808 | 1,110 | 1,847 | 4,806 | 8,248 | 8,557 | |||
Prepaid expense | 501 | 748 | 972 | 1,221 | 1,789 | 925 | |||
Income taxes receivable | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 11,812 | ||
Deferred tax assets | ✕ | 72 | 2,081 | ||||||
Other current assets | 642 | 767 | 1,095 | 2,044 | 2,283 | 561 | |||
Total current assets: | 10,851 | 18,227 | 22,642 | 35,288 | 49,253 | 86,880 | |||
Noncurrent Assets | |||||||||
Property, plant and equipment | 10,887 | 8,728 | 7,974 | 10,581 | 20,195 | 28,398 | |||
Disposal group, including discontinued operation, noncurrent assets | 5,336 | 6,155 | 6,090 | ✕ | |||||
Other noncurrent assets | 75 | 76 | 140 | 148 | 354 | 733 | |||
Deferred tax assets, net | ✕ | 13,198 | |||||||
Other undisclosed noncurrent assets | 7,899 | ||||||||
Total noncurrent assets: | 16,298 | 14,959 | 14,204 | 18,628 | 20,549 | 42,329 | |||
TOTAL ASSETS: | 27,149 | 33,186 | 36,846 | 53,916 | 69,802 | 129,209 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 4,466 | 4,174 | 5,110 | 6,261 | 7,679 | 11,927 | |||
Taxes payable | 900 | 896 | 993 | 989 | 1,865 | 859 | |||
Employee-related liabilities | 381 | ||||||||
Accounts payable | 2,218 | 971 | 1,500 | 2,192 | 2,653 | 2,636 | |||
Accrued liabilities | 1,348 | 2,307 | 2,617 | 3,080 | 2,780 | 8,432 | |||
Deferred compensation liability | 1,071 | ||||||||
Restructuring reserve | 32 | ✕ | |||||||
Accrued environmental loss contingencies | 57 | 76 | |||||||
Other liabilities | 204 | 630 | |||||||
Other undisclosed current liabilities | 374 | 454 | 381 | 483 | (470) | (1,147) | |||
Total current liabilities: | 4,840 | 4,628 | 5,491 | 6,744 | 7,502 | 12,557 | |||
Noncurrent Liabilities | |||||||||
Liabilities, other than long-term debt | 306 | 698 | 4,577 | 4,790 | |||||
Deferred tax liabilities, net | ✕ | 306 | 698 | 72 | |||||
Other liabilities | 4,505 | 4,790 | |||||||
Total noncurrent liabilities: | 306 | 698 | 4,577 | 4,790 | |||||
Total liabilities: | 5,146 | 5,326 | 5,491 | 6,744 | 12,079 | 17,347 | |||
Equity | |||||||||
Equity, attributable to parent | 22,003 | 27,860 | 31,355 | 47,172 | 57,723 | 111,862 | |||
Common stock | 201 | 195 | 187 | 182 | 181 | 417 | |||
Treasury stock, value | (57) | (57) | (57) | (57) | (57) | (57) | |||
Additional paid in capital | 232,345 | 232,149 | 231,627 | 230,999 | 230,276 | 235,836 | |||
Accumulated other comprehensive loss | (5,654) | (5,355) | (6,431) | (5,851) | (4,059) | (1,913) | |||
Accumulated deficit | (204,832) | (199,072) | (193,971) | (178,101) | (168,618) | (122,421) | |||
Total equity: | 22,003 | 27,860 | 31,355 | 47,172 | 57,723 | 111,862 | |||
TOTAL LIABILITIES AND EQUITY: | 27,149 | 33,186 | 36,846 | 53,916 | 69,802 | 129,209 |
Income Statement (P&L) ($ in thousands)
9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 10,879 | 13,540 | 20,112 | 29,783 | 39,288 | 31,860 | ||
Revenue, net | ✕ | ✕ | 13,540 | 20,112 | 29,783 | 39,288 | 31,860 | |
Cost of revenue (Cost of Goods and Services Sold) | (11,539) | (14,915) | (22,127) | (31,607) | (44,522) | (34,085) | ||
Gross profit: | (660) | (1,375) | (2,015) | (1,824) | (5,234) | (2,225) | ||
Operating expenses | (7,061) | (5,882) | (10,628) | (11,196) | (16,545) | (27,008) | ||
Other undisclosed operating income | 2,070 | 3,998 | ||||||
Operating loss: | (7,721) | (7,257) | (12,643) | (13,020) | (19,709) | (25,235) | ||
Nonoperating income (expense) | 2,866 | 2,705 | (2,374) | (757) | 298 | (366) | ||
Gain on contract termination | 905 | |||||||
Gain (loss), foreign currency transaction, before tax | (224) | 53 | (526) | (34) | 298 | (366) | ||
Other nonoperating income (expense) | 2,185 | 2,652 | (1,848) | (723) | ||||
Interest and debt expense | (143) | |||||||
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (1,297) | (361) | (853) | (38) | 3,210 | 109 | ||
Loss from continuing operations before income taxes: | (6,152) | (4,913) | (15,870) | (13,815) | (16,201) | (25,635) | ||
Income tax expense (benefit) | 392 | (188) | 400 | (6,532) | 7,349 | |||
Loss from continuing operations: | (5,760) | (5,101) | (15,870) | (13,415) | (22,733) | (18,286) | ||
Loss before gain (loss) on sale of properties: | (5,760) | (5,101) | (15,870) | (9,463) | (23,617) | (18,286) | ||
Income (loss) from discontinued operations | 3,952 | (884) | ||||||
Net loss available to common stockholders, diluted: | (5,760) | (5,101) | (15,870) | (9,463) | (23,617) | (18,286) |
Comprehensive Income ($ in thousands)
9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
---|---|---|---|---|---|---|---|---|
Net loss: | (5,760) | (5,101) | (15,870) | (9,463) | (23,617) | (18,286) | ||
Comprehensive loss: | (5,760) | (5,101) | (15,870) | (9,463) | (23,617) | (18,286) | ||
Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (299) | 1,076 | (580) | (1,792) | (2,146) | 531 | ||
Comprehensive loss, net of tax, attributable to parent: | (6,059) | (4,025) | (16,450) | (11,255) | (25,763) | (17,755) |
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.