Pareteum Corporation (TEUM) financial statements (2021 and earlier)

Company profile

Business Address 1185 AVENUE OF THE AMERICAS
NEW YORK, NY 10036
State of Incorp. DE
Fiscal Year End December 31
SIC 7373 - Computer Integrated Systems Design (benchmarking)
More info Complete financial analysis Financial benchmarking

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

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 investments4614102
Cash and cash equivalents4614102
Restricted cash and investments100100
Receivables932119
Prepaid expense100111
Other current assets1     
Other undisclosed current assets221024
Total current assets:1912173416
Noncurrent Assets
Operating lease, right-of-use asset2
Property, plant and equipment65591319
Long-term investments and receivables1141  
Long-term investments  3   
Accounts and financing receivable, after allowance for credit loss1111  
Intangible assets, net (including goodwill)26141  38
Goodwill10101  33
Intangible assets, net (excluding goodwill)1640  05
Deposits noncurrent assets    01
Other noncurrent assets100002
Other undisclosed noncurrent assets    4(1)
Total noncurrent assets:351489102129
TOTAL ASSETS:5416025132545
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1485658
Accounts payable     2
Accrued liabilities1485654
Taxes payable     1
Interest and dividends payable     1
Debt310463
Liability for uncertainty in income taxes  0   
Deferred revenue and credits  19
Billings in excess of cost01  
Customer advances and deposits   0
Other undisclosed current liabilities33112239
Total current liabilities:50198131529
Noncurrent Liabilities
Long-term debt and lease obligation501511
Long-term debt, excluding current maturities501500
Finance lease, liability0
Capital lease obligations   00
Operating lease, liability0
Liabilities, other than long-term debt09 012
Deferred revenue and credits  12
Billings in excess of cost 0  
Deferred income tax liabilities 8
Due to related parties00    
Other undisclosed noncurrent liabilities  2412
Total noncurrent liabilities:692935
Total liabilities:562810221734
Stockholders' equity
Stockholders' equity attributable to parent, including:(2)13115(9)811
Preferred stock   2  
Common stock548454321281269264
Accumulated other comprehensive loss(6)(5)(6)(5)(6)(3)
Accumulated deficit(544)(317)(300)(287)(256)(251)
Warrants and rights outstanding     2
Other undisclosed stockholders' equity attributable to parent     (2)
Stockholders' equity attributable to noncontrolling interest   000
Total stockholders' equity:(2)13115(9)811
TOTAL LIABILITIES AND EQUITY:5416025132545

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues622014133120
Cost of revenue(56)(10)(4)(4)(6)(7)
Cost of goods and services sold(47)(10)(4)(4)(6)(7)
Gross profit:6101092514
Operating expenses(227)(36)(19)(28)(29)(30)
Other undisclosed operating income     0
Operating loss:(220)(26)(9)(19)(4)(17)
Nonoperating income (expense)(15)8(4)(13)(1)(5)
Other nonoperating income (expense)(3)11(0)(1)0
Interest and debt expense(0)(0)(0)(1)(1)(6)
Other undisclosed income from continuing operations before equity method investments, income taxes000116
Loss from continuing operations before income taxes:(235)(18)(12)(31)(5)(22)
Income tax expense (benefit)80(0)(0)0(0)
Net loss available to common stockholders, diluted:(227)(18)(12)(31)(5)(22)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net loss:(227)(18)(12)(31)(5)(22)
Other undisclosed comprehensive loss     (3)
Comprehensive loss:(227)(18)(12)(31)(5)(25)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(0)(0)(1)1(3) 
Comprehensive loss, net of tax, attributable to parent:(227)(18)(14)(31)(8)(25)

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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