Orbital Tracking Corp (TRKK) financial statements (2021 and earlier)

Company profile

Business Address 18851 NE 29THAVENUE
AVENTURA, FL 33180
State of Incorp. NV
Fiscal Year End December 31
SIC 4813 - Telephone Communications, Except Radiotelephone (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
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 investments1000010
Cash and cash equivalents1000010
Receivables0000000
Inventory, net of allowances, customer advances and progress billings000000 
Inventory000000 
Prepaid expense0000000
Other current assets000000 
Total current assets:1111120
Noncurrent Assets
Operating lease, right-of-use asset00
Property, plant and equipment112222 
Intangible assets, net (including goodwill)000000(2)
Intangible assets, net (excluding goodwill)000000(2)
Prepaid expense     02
Other undisclosed noncurrent assets      2
Total noncurrent assets:1222232
TOTAL ASSETS:3223343
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1111110
Accounts payable11     
Accrued liabilities00     
Employee-related liabilities00     
Taxes payable0000   
Interest and dividends payable00     
Other undisclosed accounts payable and accrued liabilities0011110
Deferred revenue00
Debt00   00
Derivative instruments and hedges, liabilities    000
Due to related parties00000 0
Disposal group, including discontinued operation0000000
Deferred revenue and credits00  
Other undisclosed current liabilities0000 0 
Total current liabilities:2111111
Noncurrent Liabilities
Long-term debt and lease obligation10     
Long-term debt, excluding current maturities10     
Operating lease, liability00
Liabilities, other than long-term debt     0 
Derivative instruments and hedges, liabilities     0 
Other undisclosed noncurrent liabilities(0)      
Total noncurrent liabilities:10   0 
Total liabilities:2211111
Stockholders' equity
Stockholders' equity attributable to parent, including:1112232
Common stock0000000
Additional paid in capital141211107551
Accumulated other comprehensive loss(0)(0)(0)(0)(0)(0) 
Accumulated deficit(14)(11)(10)(9)(5)(2)(50)
Other undisclosed stockholders' equity attributable to parent  00000
Other undisclosed stockholders' equity   1   
Total stockholders' equity:1112232
TOTAL LIABILITIES AND EQUITY:3224343

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues6666540
Revenue, net6540
Cost of revenue(4)(5)(5)(5)(4)(3)(0)
Gross profit:1111110
Operating expenses(3)(2)(2)(3)(3)(3)(0)
Other undisclosed operating income (loss)   (0)  0
Operating loss:(2)(1)(1)(2)(2)(2)(0)
Nonoperating income100210 
Investment income, nonoperating     0(0)
Foreign currency transaction gain (loss), before tax00 0(0)(0) 
Other nonoperating income0 02100
Interest and debt expense(0)(0)(0)01(0)(0)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes    (3)(0)0
Income (loss) from continuing operations before equity method investments, income taxes:(1)(1)(1)1(3)(2)(0)
Other undisclosed loss from continuing operations before income taxes(1)(1)(0)(5)   
Loss from continuing operations before income taxes:(3)(1)(1)(4)(3)(2)(0)
Income tax expense(0)(0)(0)(0)   
Net loss:(3)(1)(1)(4)(3)(2)(0)
Other undisclosed net income attributable to parent0      
Net loss attributable to parent:(3)(1)(1)(4)(3)(2)(0)
Preferred stock dividends and other adjustments (0)    0
Other undisclosed net income (loss) available to common stockholders, basic 0 0(0)(0)(0)
Net loss available to common stockholders, diluted:(3)(1)(1)(4)(3)(2)(1)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net loss:(3)(1)(1)(4)(3)(2)(0)
Other comprehensive income (loss)(0)0(0)0(0)(0) 
Comprehensive loss:(3)(1)(1)(4)(3)(2)(0)
Other undisclosed comprehensive income, net of tax, attributable to parent0      
Comprehensive loss, net of tax, attributable to parent:(3)(1)(1)(4)(3)(2)(0)

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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