Viscount Systems Inc (VSYS) financial statements (2021 and earlier)

Company profile

Business Address 4585 TILLICUM STREET
BURNABY, BC V5J 5K9
State of Incorp. NV
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 thousands)

12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments305190173407
Cash and cash equivalents250190173407
Short-term investments55   
Receivables566662585611
Inventory, net of allowances, customer advances and progress billings570533533348
Inventory570533533348
Prepaid expense32  
Total current assets:1,4721,3851,2911,366
Noncurrent Assets
Property, plant and equipment1802062225
Intangible assets, net (including goodwill) 52647
Intangible assets, net (excluding goodwill) 52647
Deposits noncurrent assets8111
Total noncurrent assets:1892135074
TOTAL ASSETS:1,6611,5981,3401,439
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,806927856717
Accounts payable900363255151
Accrued liabilities532564601566
Interest and dividends payable374   
Debt3,737125115155
Derivative instruments and hedges, liabilities4,384   
Due to related parties925347
Deferred revenue and credits48373838
Other undisclosed current liabilities155   
Total current liabilities:10,2221,0941,042918
Noncurrent Liabilities
Long-term debt and lease obligation1017  
Capital lease obligations1017  
Liabilities, other than long-term debt 2,8595,1183,023
Derivative instruments and hedges, liabilities 2,8595,1183,023
Other undisclosed noncurrent liabilities  (0) 
Total noncurrent liabilities:102,8765,1183,023
Total liabilities:10,2313,9706,1603,941
Temporary equity, carrying amount270   
Stockholders' equity
Stockholders' equity attributable to parent(8,570)(2,372)(4,820)(2,502)
Preferred stock0   
Common stock130149120110
Additional paid in capital7,55810,1416,7315,979
Accumulated deficit(16,259)(12,662)(11,671)(8,590)
Other undisclosed stockholders' equity(270)   
Total stockholders' equity:(8,840)(2,372)(4,820)(2,502)
TOTAL LIABILITIES AND EQUITY:1,6611,5981,3401,439

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

12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues6,1374,7694,1353,603
Cost of revenue(2,447)(2,461)(1,472)(1,453)
Cost of goods and services sold(371)   
Gross profit:3,6902,3082,6632,150
Operating expenses(4,896)(6,378)(3,637)(3,529)
Operating loss:(1,205)(4,070)(975)(1,379)
Nonoperating income (expense)(2,392)3,079(2,106)(1,300)
Interest and debt expense(477)  (1)
Loss before gain (loss) on sale of properties:(4,074)(991)(3,081)(2,680)
Other undisclosed net income477   
Net loss:(3,597)(991)(3,081)(2,680)
Other undisclosed net income attributable to parent   1
Net loss attributable to parent:(3,597)(991)(3,081)(2,679)
Preferred stock dividends and other adjustments(29)   
Net loss available to common stockholders, basic:(3,626)(991)(3,081)(2,679)
Convertible preferred dividends(2,714)   
Net loss available to common stockholders, diluted:(6,340)(991)(3,081)(2,679)

Comprehensive Income ($ in thousands)

12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net loss:(3,597)(991)(3,081)(2,680)
Comprehensive loss, net of tax, attributable to parent:(3,597)(991)(3,081)(2,680)

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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