Total Sports Media, Inc. (TSMI) financial statements (2021 and earlier)
Company profile
| Business Address |
347 CHAPALA STREET SANTA BARBARA, CA 93101 |
| State of Incorp. | |
| Fiscal Year End | August 31 |
| SIC | 731 - Advertising (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 8/31/2016 | 8/31/2015 | 8/31/2014 | 8/31/2013 | 8/31/2012 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 6 | 8 | 27 | 8 | 227 | ||
| Cash and cash equivalents | 6 | 8 | 27 | 8 | 227 | ||
| Receivables | 64 | 114 | 315 | 374 | 519 | ||
| Prepaid expense | 1 | 2 | 17 | ✕ | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | 49 | 45 | ||
| Other current assets | 10 | ✕ | |||||
| Other undisclosed current assets | (38) | (34) | |||||
| Total current assets: | 72 | 124 | 368 | 393 | 757 | ||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 661 | 499 | 400 | 733 | |||
| Other noncurrent assets | 27 | 57 | 46 | ✕ | |||
| Other undisclosed noncurrent assets | 171 | 198 | 334 | ||||
| Total noncurrent assets: | 27 | 718 | 716 | 598 | 1,067 | ||
| Other undisclosed assets | 362 | ||||||
| TOTAL ASSETS: | 461 | 842 | 1,084 | 991 | 1,824 | ||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities, including: | 1,255 | 1,147 | 1,109 | 1,376 | 1,123 | ||
| Settlement liabilities | 177 | ✕ | ✕ | ||||
| Other undisclosed accounts payable and accrued liabilities | 1,255 | 970 | 1,109 | 1,376 | 1,123 | ||
| Debt | 954 | 740 | 745 | 327 | 164 | ||
| Derivative instruments and hedges, liabilities | 561 | 899 | 1,022 | 778 | 86 | ||
| Due to related parties | 281 | 160 | |||||
| Customer advances and deposits | 25 | 172 | ✕ | ✕ | |||
| Other undisclosed current liabilities | 1,946 | 691 | 914 | 922 | 359 | ||
| Total current liabilities: | 5,024 | 3,809 | 3,791 | 3,403 | 1,733 | ||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation, including: | 55 | 55 | 64 | 91 | 118 | ||
| Long-term debt, excluding current maturities | 150 | 544 | 95 | 767 | 409 | ||
| Other undisclosed long-term debt and lease obligation | (95) | (490) | (31) | (676) | (290) | ||
| Other undisclosed noncurrent liabilities | 95 | 490 | 658 | 676 | 448 | ||
| Total noncurrent liabilities: | 150 | 544 | 722 | 767 | 566 | ||
| Other undisclosed liabilities | 730 | ||||||
| Total liabilities: | 5,174 | 4,353 | 4,513 | 4,170 | 3,029 | ||
| Stockholders' equity | |||||||
| Stockholders' equity attributable to parent, including: | (6,403) | (5,281) | (3,429) | (3,179) | (1,205) | ||
| Preferred stock | 1,770 | 0 | |||||
| Common stock | 1 | 340 | 18 | 2 | 220 | ||
| Additional paid in capital | 3,761 | 3,342 | 2,110 | 1,224 | 1,127 | ||
| Deferred compensation equity | (8) | (766) | |||||
| Accumulated deficit | (10,252) | (9,039) | (5,557) | (4,396) | (1,786) | ||
| Other undisclosed stockholders' equity attributable to parent | 88 | (1,695) | 0 | ||||
| Other undisclosed stockholders' equity | 1,691 | 1,770 | |||||
| Total stockholders' equity: | (4,712) | (3,511) | (3,429) | (3,179) | (1,205) | ||
| TOTAL LIABILITIES AND EQUITY: | 461 | 842 | 1,084 | 991 | 1,824 | ||
Income statement (P&L) ($ in thousands)
| 8/31/2016 | 8/31/2015 | 8/31/2014 | 8/31/2013 | 8/31/2012 | ||
|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 544 | 931 | 1,730 | 1,730 | 1,742 | |
| Cost of revenue | (367) | (668) | (1,260) | (1,703) | (1,602) | |
| Cost of goods and services sold | (67) | (486) | (492) | (1,125) | (759) | |
| Gross profit: | 177 | 263 | 470 | 27 | 141 | |
| Operating expenses | (1,082) | (1,320) | (1,128) | (2,432) | (932) | |
| Other operating income (expense), net (Other Expenses) | (493) | 228 | 289 | |||
| Other undisclosed operating income (loss) | 493 | (228) | (289) | |||
| Operating loss: | (905) | (1,057) | (658) | (2,405) | (791) | |
| Nonoperating expense | (309) | (2,425) | (503) | (205) | (251) | |
| Interest and debt expense | (822) | (1,215) | (2,012) | (547) | (200) | |
| Loss from continuing operations before equity method investments, income taxes: | (2,036) | (4,697) | (3,173) | (3,157) | (1,241) | |
| Other undisclosed income (loss) from continuing operations before income taxes | 822 | 1,215 | 2,012 | 547 | (343) | |
| Loss from continuing operations before income taxes: | (1,214) | (3,482) | (1,161) | (2,610) | (1,585) | |
| Income tax benefit | 510 | 383 | 238 | |||
| Loss before gain (loss) on sale of properties: | (1,214) | (2,972) | (1,161) | (2,227) | (1,347) | |
| Other undisclosed net loss | (383) | (238) | ||||
| Net loss: | (1,214) | (2,972) | (1,161) | (2,610) | (1,585) | |
| Other undisclosed net loss attributable to parent | (510) | |||||
| Net loss attributable to parent: | (1,214) | (3,482) | (1,161) | (2,610) | (1,585) | |
| Other undisclosed net loss available to common stockholders, basic | (201) | |||||
| Net loss available to common stockholders, diluted: | (1,214) | (3,482) | (1,161) | (2,610) | (1,786) | |
Comprehensive Income ($ in thousands)
| 8/31/2016 | 8/31/2015 | 8/31/2014 | 8/31/2013 | 8/31/2012 | ||
|---|---|---|---|---|---|---|
| Net loss: | (1,214) | (2,972) | (1,161) | (2,610) | (1,585) | |
| Comprehensive loss, net of tax, attributable to parent: | (1,214) | (2,972) | (1,161) | (2,610) | (1,585) | |
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.