$917 K

iSign Solutions Revenue FY, 2018
iSign Solutions Net income (FY, 2018)-1 M
iSign Solutions EBIT (FY, 2018)-757 K
iSign Solutions Cash, 31-Dec-2018335 K

iSign Solutions Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

1.4m1.5m1.6m1.1m1.0m917.0k

Revenue growth, %

7%7%(34%)

Sales and marketing expense

406.0k188.0k99.0k

R&D expense

2.1m1.9m1.8m1.3m1.1m754.0k

General and administrative expense

2.0m749.0k2.2m2.2m1.1m695.0k

Operating expense total

5.7m2.7m5.4m4.3m2.6m1.7m

EBIT

(4.3m)(3.8m)(3.8m)(3.2m)(1.6m)(757.0k)

EBIT margin, %

(303%)(252%)(236%)(301%)(154%)(83%)

Pre tax profit

(1.0m)

Income tax expense

(2.0k)

Net Income

(4.8m)(4.0m)(3.9m)(3.5m)(1.9m)(1.0m)

Quarterly

USDQ3, 2013Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

370.0k473.0k285.0k446.0k367.0k351.0k276.0k356.0k221.0k211.0k215.0k230.0k214.0k226.0k

Sales and marketing expense

52.0k58.0k49.0k28.0k19.0k42.0k

R&D expense

471.0k532.0k476.0k522.0k498.0k446.0k318.0k367.0k282.0k284.0k312.0k299.0k229.0k238.0k

General and administrative expense

414.0k454.0k410.0k216.0k561.0k470.0k217.0k613.0k368.0k389.0k289.0k241.0k176.0k153.0k

Operating expense total

1.3m1.4m1.2m738.0k1.4m1.2m535.0k1.2m791.0k731.0k678.0k595.0k434.0k446.0k

Depreciation and amortization

252.0k

EBIT

(905.0k)(921.0k)(950.0k)(1.0m)(1.0m)(850.0k)(1.1m)(853.0k)(570.0k)(569.0k)(463.0k)(365.0k)(220.0k)(220.0k)

EBIT margin, %

(245%)(195%)(333%)(228%)(280%)(242%)(414%)(240%)(258%)(270%)(215%)(159%)(103%)(97%)

Interest expense

3.0k

Pre tax profit

(334.0k)

Income tax expense

(2.0k)(2.0k)

Net Income

(887.0k)(1.2m)(912.0k)(1.0m)(1.0m)(853.0k)(1.3m)(949.0k)(449.0k)(614.0k)(185.0k)(423.0k)(282.0k)(334.0k)

iSign Solutions Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

945.0k775.0k846.0k389.0k285.0k335.0k

Inventories

57.0k80.0k372.0k

Current Assets

1.4m977.0k1.3m582.0k358.0k465.0k

PP&E

17.0k11.0k44.0k20.0k13.0k2.0k

Total Assets

2.7m2.0m2.0m888.0k388.0k472.0k

Accounts Payable

327.0k328.0k787.0k1.4m1.3m1.3m

Current Liabilities

1.4m1.2m3.3m2.4m4.0m4.4m

Total Liabilities

1.5m3.8m3.4m4.2m5.1m

Additional Paid-in Capital

97.4m95.0m95.3m128.9m129.0m129.3m

Retained Earnings

(119.2m)(123.2m)(127.1m)(130.6m)(132.6m)(133.6m)

Total Equity

1.2m(53.0k)(4.6m)

Financial Leverage

2.3 x-36.8 x-0.1 x

Quarterly

USDQ3, 2013Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

287.0k415.0k641.0k1.3m409.0k358.0k313.0k455.0k140.0k125.0k319.0k164.0k116.0k110.0k

Accounts Receivable

54.0k

Inventories

30.0k

Current Assets

624.0k671.0k944.0k1.6m608.0k642.0k727.0k706.0k374.0k194.0k526.0k277.0k169.0k178.0k

PP&E

20.0k15.0k13.0k13.0k16.0k17.0k33.0k38.0k25.0k16.0k14.0k12.0k11.0k2.0k

Total Assets

2.1m1.8m2.0m2.5m1.4m1.4m1.3m1.2m777.0k415.0k664.0k333.0k197.0k185.0k

Accounts Payable

256.0k165.0k221.0k432.0k323.0k420.0k1.1m1.3m1.4m1.4m1.3m1.3m1.3m1.3m

Current Liabilities

2.0m1.2m1.2m1.5m1.2m1.8m4.0m2.7m2.5m2.5m2.4m2.5m4.1m4.4m

Long-term debt

1.3m1.3m

Total Debt

1.3m1.3m

Total Liabilities

2.2m1.3m1.2m1.9m2.3m3.1m3.0m4.0m4.0m4.2m4.5m

Common Stock

2.4m2.4m2.0k55.0k55.0k

Preferred Stock

910.0k929.0k

Additional Paid-in Capital

94.7m96.1m95.4m94.8m94.2m93.6m94.5m(128.3m)128.4m128.9m128.9m129.0m129.1m129.1m

Retained Earnings

(117.7m)(121.4m)(122.3m)(124.2m)(125.2m)(126.1m)(128.4m)(129.4m)(129.8m)(131.2m)(131.4m)(131.8m)(132.8m)(133.2m)

Total Equity

533.0k768.0k356.0k(4.0m)(4.3m)

Debt to Assets Ratio

3.9 x

Financial Leverage

3.4 x2.6 x7.1 x0 x0 x

iSign Solutions Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(4.8m)(4.0m)(3.9m)(3.5m)(1.9m)(1.0m)

Depreciation and Amortization

380.0k357.0k362.0k277.0k4.0k

Accounts Receivable

291.0k28.0k(43.0k)92.0k(39.0k)

Inventories

57.0k80.0k372.0k

Accounts Payable

252.0k328.0k459.0k581.0k(79.0k)(9.0k)

Cash From Operating Activities

(2.7m)(2.7m)(1.8m)(1.1m)

Purchases of PP&E

(5.0k)(48.0k)(3.0k)

Cash From Investing Activities

(5.0k)(48.0k)300.0k

Cash From Financing Activities

3.2m2.8m1.4m655.0k626.0k

Interest Paid

1.0k5.0k62.0k9.0k2.0k

Income Taxes Paid

2.0k

Quarterly

USDQ3, 2013Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

(3.3m)(2.2m)(3.1m)(1.0m)(2.0m)(2.9m)(1.3m)(2.3m)(2.7m)(614.0k)(800.0k)(1.2m)(284.0k)(617.0k)

Depreciation and Amortization

287.0k185.0k278.0k178.0k267.0k183.0k276.0k169.0k252.0k2.0k4.0k

Accounts Receivable

442.0k182.0k195.0k(34.0k)(37.0k)(102.0k)(75.0k)(46.0k)54.0k14.0k(17.0k)

Accounts Payable

181.0k(162.0k)(106.0k)432.0k(5.0k)92.0k1.1m544.0k602.0k1.4m(52.0k)(73.0k)(14.0k)11.0k

Cash From Operating Activities

(2.1m)(1.7m)(2.5m)(1.6m)(2.2m)(815.0k)(1.3m)(812.0k)(967.0k)(169.0k)(250.0k)

Purchases of PP&E

(4.0k)(4.0k)(4.0k)(10.0k)(14.0k)(2.0k)(2.0k)

Cash From Investing Activities

(4.0k)(4.0k)(4.0k)(10.0k)(14.0k)(2.0k)(2.0k)

Cash From Financing Activities

1.9m1.1m2.2m1.2m1.8m424.0k564.0k744.0k744.0k75.0k

Interest Paid

2.0k1.0k3.0k3.0k40.0k8.0k9.0k2.0k

Income Taxes Paid

2.0k2.0k

iSign Solutions Ratios

USDY, 2018

Financial Leverage

-0.1 x