Vislink Technologies, Inc. (VISL) financial statements (2021 and earlier)

Company profile

Business Address 240 S. PINEAPPLE AVENUE
SARASOTA, FL 34236
State of Incorp. DE
Fiscal Year End December 31
SIC 3669 - Communications Equipment, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2020
TTM
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 investments 223901
Cash and cash equivalents 223901
Receivables 768111
Inventory, net of allowances, customer advances and progress billings 81315314
Inventory 81315314
Other undisclosed current assets 11100(0)
Total current assets: 1722271326
Noncurrent Assets
Inventory, Noncurrent     2 
Operating lease, right-of-use asset 2
Property, plant and equipment 223111
Intangible assets, net (including goodwill) 35761216
Intangible assets, net (excluding goodwill) 35761216
Total noncurrent assets: 771071517
TOTAL ASSETS: 242937201723
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 9914421
Accounts payable 7711211
Accrued liabilities 223201
Interest and dividends payable    000
Deferred revenue 3
Debt 1 2010
Derivative instruments and hedges, liabilities 011110
Due to related parties 101002
Deferred revenue and credits1000
Contract with customer, liability2
Other undisclosed current liabilities  0    
Total current liabilities: 131319544
Noncurrent Liabilities
Long-term debt and lease obligation 16022 
Long-term debt, excluding current maturities  6 22 
Capital lease obligations 000 
Operating lease, liability 1
Liabilities, other than long-term debt      2
Due to related parties      2
Total noncurrent liabilities: 160222
Total liabilities: 141919766
Temporary equity, carrying amount      1
Stockholders' equity
Stockholders' equity attributable to parent 91018131016
Treasury stock, value (0)(0)(0)(0)(0)(0)
Additional paid in capital 262245237222199187
Accumulated other comprehensive income 000   
Accumulated deficit (253)(235)(220)(209)(188)(171)
Other undisclosed stockholders' equity      (0)
Total stockholders' equity: 91018131016
TOTAL LIABILITIES AND EQUITY: 242937201723

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

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues 293848711
Revenue, net48711
Cost of revenue (20)(20)(30)(6)(3)(1)
Cost of goods and services sold   (2) (0)(0)
Gross profit: 919181(2)(0)
Operating expenses (26)(33)(41)(24)(18)(19)
Other operating income (expense), net  (1)(0)(2)(0)0
Other expenses  (1)(0)(2)(0) 
Other undisclosed operating income (loss)  1020(0)
Operating loss: (17)(14)(23)(23)(20)(19)
Nonoperating income (expense) (1)0113  
Investment income, nonoperating   113  
Other nonoperating income  0    
Interest and debt expense (2)(2)3(0)(0) 
Other undisclosed income from continuing operations before equity method investments, income taxes      0
Net loss: (20)(17)(10)(20)(20)(19)
Other undisclosed net income (loss) attributable to parent 22(1)(1)2 
Net loss attributable to parent: (18)(15)(11)(21)(18)(19)
Preferred stock dividends and other adjustments    (2)(3) 
Net loss available to common stockholders, diluted: (18)(15)(11)(23)(21)(19)

Comprehensive Income ($ in millions)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net loss: (20)(17)(10)(20)(20)(19)
Other comprehensive income (loss) (0)0    
Comprehensive loss: (20)(17)(10)(20)(20)(19)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent 22(1)   
Comprehensive loss, net of tax, attributable to parent: (18)(15)(10)(20)(20)(19)

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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