Thunder Bridge Acquisition, Ltd. (TBRG) financial statements (2020 and earlier)

Company profile

Business Address 3 WEST PACES FERRY ROAD
ATLANTA, GA 30305
State of Incorp.
Fiscal Year End December 31
SIC 7389 - Business Services, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments250
Cash and cash equivalents250
Receivables15 
Prepaid expense 0
Other undisclosed current assets5 
Total current assets:440
Noncurrent Assets
Property, plant and equipment2 
Intangible assets, net (including goodwill)414 
Goodwill390 
Intangible assets, net (excluding goodwill)24 
Assets held-in-trust 263
Restricted cash and investments13 
Other noncurrent assets1 
Other undisclosed noncurrent assets309 
Total noncurrent assets:738263
TOTAL ASSETS:782263
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities260
Accounts payable100
Accrued liabilities16 
Debt6 
Due to related parties15 
Other undisclosed current liabilities6 
Total current liabilities:520
Noncurrent Liabilities
Long-term debt and lease obligation208 
Long-term debt, excluding current maturities208 
Liabilities, other than long-term debt1 
Deferred income tax liabilities1
Other liabilities0 
Other undisclosed noncurrent liabilities6110
Total noncurrent liabilities:27010
Total liabilities:32210
Stockholders' equity
Stockholders' equity attributable to parent, including:2545
Additional paid in capital3083
Accumulated other comprehensive income0 
Retained earnings (accumulated deficit)(54)2
Other undisclosed stockholders' equity attributable to parent00
Stockholders' equity attributable to noncontrolling interest206 
Other undisclosed stockholders' equity 248
Total stockholders' equity:461253
TOTAL LIABILITIES AND EQUITY:782263

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

12/31/2019
12/31/2018
Revenues105 
Cost of revenue(26) 
Gross profit:79 
Operating expenses(127)(1)
Operating loss:(48)(1)
Nonoperating income
(Investment Income, Nonoperating)
 3
Income (loss) before gain (loss) on sale of properties:(48)1
Other undisclosed net income 0
Net income (loss) available to common stockholders, basic:(48)2
Other undisclosed net loss available to common stockholders, diluted (3)
Net loss available to common stockholders, diluted:(48)(1)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
Net income (loss):(48)2
Comprehensive income (loss), net of tax, attributable to parent:(48)2

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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