Vertical Computer Systems Inc (VCSY) financial statements (2021 and earlier)

Company profile

Business Address 101 WEST RENNER ROAD,
RICHARDSON,, TX 75082
State of Incorp. DE
Fiscal Year End December 31
SIC 7372 - Prepackaged Software (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments000000
Cash and cash equivalents000000
Receivables000110
Prepaid expense and other current assets0
Other undisclosed current assets00000 
Total current assets:010111
Noncurrent Assets
Property, plant and equipment000000
Intangible assets, net (including goodwill)001111
Intangible assets, net (excluding goodwill)001111
Deposits noncurrent assets000   
Other undisclosed noncurrent assets   000
Total noncurrent assets:001111
TOTAL ASSETS:012122
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:14121111107
Accounts payable334423
Accrued liabilities0000  
Employee-related liabilities333222
Taxes payable110220
Other undisclosed accounts payable and accrued liabilities763332
Debt 70001
Derivative instruments and hedges, liabilities   000
Due to related parties0000  
Deferred revenue and credits222223
Other undisclosed current liabilities506433
Total current liabilities:212118181613
Noncurrent Liabilities
Long-term debt and lease obligation0(0)(0) 21
Long-term debt, excluding current maturities0(0)(0) 21
Liabilities, other than long-term debt   0  
Due to related parties   0  
Other undisclosed noncurrent liabilities200(0)  
Total noncurrent liabilities:2   21
Total liabilities:242118181715
Temporary equity, carrying amount101010101010
Stockholders' equity
Stockholders' equity attributable to parent, including:(33)(31)(27)(27)(26)(23)
Common stock000000
Treasury stock, value(0)(0)(0)   
Additional paid in capital252422201919
Accumulated other comprehensive income (loss)0(55)(50)0(0)(0)
Accumulated deficit(58)  (47)(46)(42)
Other undisclosed stockholders' equity attributable to parent 01   
Stockholders' equity attributable to noncontrolling interest(0)0111(0)
Total stockholders' equity:(34)(31)(26)(26)(25)(23)
TOTAL LIABILITIES AND EQUITY:012122

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

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues444765
Revenue, net444555
Cost of revenue(2)(2)(2)(2)(2)(3)
Gross profit:222543
Operating expenses(4)(5)(3)(6)(3)(3)
Operating income (loss):(2)(3)(1)(1)0(1)
Nonoperating income (expense)
(Investment Income, Nonoperating)
00000(0)
Interest and debt expense(2)(2)(1)(1)(1)(1)
Loss from continuing operations before equity method investments, income taxes:(4)(5)(2)(2)(1)(1)
Other undisclosed income (loss) from continuing operations before income taxes1(0)(1)0  
Loss from continuing operations before income taxes:(3)(5)(3)(2)(1)(1)
Income tax expense (benefit)(0)(0)10  
Loss before gain (loss) on sale of properties:(3)(5)(2)(1)(1)(1)
Other undisclosed net loss    (2)(0)
Net loss:(3)(5)(2)(1)(3)(1)
Net income (loss) attributable to noncontrolling interest0(0)0(0)00
Other undisclosed net income (loss) attributable to parent 0(0)   
Net loss attributable to parent:(3)(5)(3)(1)(2)(1)
Preferred stock dividends and other adjustments(1)(1)(1)(1)(1)(1)
Net loss available to common stockholders, diluted:(4)(6)(3)(2)(3)(2)

Comprehensive Income ($ in millions)

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net loss:(3)(5)(2)(1)(3)(1)
Other undisclosed comprehensive income (loss)(0)(0)000(0)
Comprehensive loss:(3)(6)(2)(1)(2)(1)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest00(0)(0)(0)(0)
Other undisclosed comprehensive income, net of tax, attributable to parent    00
Comprehensive loss, net of tax, attributable to parent:(3)(5)(2)(1)(2)(1)

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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