VirTra, Inc. (VTSI) financial statements (2021 and earlier)

Company profile

Business Address 7970 S. KYRENE ROAD
TEMPE, AZ 85284
State of Incorp. NV
Fiscal Year End December 31
SIC 79 - Amusement And Recreation Services (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,4152,5005,080
Cash and cash equivalents1,4152,5005,080
Receivables3,957962,700
Inventory, net of allowances, customer advances and progress billings1,9491,6121,720
Inventory1,9491,6121,720
Deferred tax assets2,400 
Other undisclosed current assets4,2083,772586
Total current assets:11,52910,38110,088
Noncurrent Assets
Operating lease, right-of-use asset1,391
Property, plant and equipment1,028678677
Long-term investments and receivables2917 
Accounts and financing receivable, after allowance for credit loss 7 
Due from related parties291  
Intangible assets, net (including goodwill)218  
Intangible assets, net (excluding goodwill)218  
Deposits noncurrent assets20340 
Deferred income tax assets1,792
Other noncurrent assets351292 
Other undisclosed noncurrent assets8403,5204,085
Total noncurrent assets:5,9314,8374,762
TOTAL ASSETS:17,46015,21814,850
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,4921,0441,373
Accounts payable621430536
Accrued liabilities257 135
Employee-related liabilities611614593
Taxes payable2 109
Deferred revenue2,491
Debt2971111
Deferred revenue and credits2,993
Contract with customer, liability1,924
Other undisclosed current liabilities75633(0)
Total current liabilities:4,3553,6124,377
Noncurrent Liabilities
Long-term debt and lease obligation1,175 11
Long-term debt, excluding current maturities  11
Operating lease, liability1,175
Liabilities, other than long-term debt1,7481,00975
Deferred revenue and credits75
Deferred revenue1,748
Contract with customer, liability962
Deferred rent credit 47
Total noncurrent liabilities:2,9231,00987
Total liabilities:7,2794,6214,464
Stockholders' equity
Stockholders' equity attributable to parent10,18110,59710,386
Common stock111
Treasury stock, value (37)(112)
Additional paid in capital13,89514,27314,955
Accumulated deficit(3,714)(3,639)(4,457)
Total stockholders' equity:10,18110,59710,386
TOTAL LIABILITIES AND EQUITY:17,46015,21814,850

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

12/31/2019
12/31/2018
12/31/2017
Revenues18,71218,08016,524
Revenue, net16,524
Cost of revenue
(Cost of Goods and Services Sold)
(8,998)(7,030)(6,291)
Gross profit:9,71411,05010,233
Operating expenses(9,451)(10,050)(8,927)
Operating income:2621,0001,307
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
109128(550)
Income from continuing operations before income taxes:3711,128757
Income tax expense (benefit)(447)(310)2,505
Net income (loss) available to common stockholders, diluted:(75)8183,262

Comprehensive Income ($ in thousands)

12/31/2019
12/31/2018
12/31/2017
Net income (loss):(75)8183,262
Comprehensive income (loss), net of tax, attributable to parent:(75)8183,262

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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