$IDEXQ
IDEANOMICS, INC.

2017 Q4 Form 10-Q Financial Statement

#000114420418043718 Filed on August 13, 2018

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q2
Revenue $37.60M $43.33M
YoY Change 22.08% 2788.52%
Cost Of Revenue $36.30M $43.30M
YoY Change 10.33% 5312.5%
Gross Profit $1.300M $55.15K
YoY Change -161.9% -92.12%
Gross Profit Margin 3.46% 0.13%
Selling, General & Admin $6.400M $2.992M
YoY Change 28.0% 42.49%
% of Gross Profit 492.31% 5426.11%
Research & Development $0.00 $0.00
YoY Change
% of Gross Profit 0.0% 0.0%
Depreciation & Amortization $20.00K $60.00K
YoY Change -88.24% -50.0%
% of Gross Profit 1.54% 108.8%
Operating Expenses $6.400M $3.895M
YoY Change -66.14% 77.02%
Operating Profit -$5.100M -$3.839M
YoY Change -75.71% 155.96%
Interest Expense -$100.0K $3.448K
YoY Change -101.72%
% of Operating Profit
Other Income/Expense, Net -$400.0K -$11.03K
YoY Change -300.0% -111.03%
Pretax Income -$5.600M -$3.861M
YoY Change -75.44% 141.3%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$5.800M -$3.804M
YoY Change -71.84% 137.73%
Net Earnings / Revenue -15.43% -8.78%
Basic Earnings Per Share -$0.06
Diluted Earnings Per Share -$88.01K -$0.06
COMMON SHARES
Basic Shares Outstanding 61.18M shares
Diluted Shares Outstanding 61.18M shares

Balance Sheet

Concept 2017 Q4 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $7.200M $3.200M
YoY Change 89.47% 33.33%
Cash & Equivalents $7.200M $3.489M
Short-Term Investments
Other Short-Term Assets $2.276M $5.700M
YoY Change -36.45% 307.14%
Inventory $216.5K $200.0K
Prepaid Expenses $2.203M
Receivables $26.96M $42.00M
Other Receivables $0.00 $0.00
Total Short-Term Assets $56.19M $51.10M
YoY Change 190.86% 640.58%
LONG-TERM ASSETS
Property, Plant & Equipment $127.3K $100.0K
YoY Change -97.44% 0.0%
Goodwill
YoY Change
Intangibles $148.9K
YoY Change -67.15%
Long-Term Investments $7.000M $6.700M
YoY Change 4.48% 9.84%
Other Assets $0.00 $0.00
YoY Change -100.0% -100.0%
Total Long-Term Assets $7.252M $23.20M
YoY Change -80.09% -34.28%
TOTAL ASSETS
Total Short-Term Assets $56.19M $51.10M
Total Long-Term Assets $7.252M $23.20M
Total Assets $63.44M $74.30M
YoY Change 13.81% 76.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $26.83M $42.50M
YoY Change 101.1% 5971.43%
Accrued Expenses $175.6K $1.700M
YoY Change -75.23% -60.47%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $3.000M $3.000M
YoY Change 0.0% 0.0%
Total Short-Term Liabilities $32.04M $48.40M
YoY Change 33.43% 456.32%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $384.2K
YoY Change
Total Long-Term Liabilities $384.2K $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $32.04M $48.40M
Total Long-Term Liabilities $384.2K $0.00
Total Liabilities $32.43M $46.30M
YoY Change 35.03% 612.31%
SHAREHOLDERS EQUITY
Retained Earnings -$126.7M
YoY Change 9.53%
Common Stock $68.51K
YoY Change -99.96%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $31.04M $28.00M
YoY Change
Total Liabilities & Shareholders Equity $63.44M $74.30M
YoY Change 13.81% 76.07%

Cashflow Statement

Concept 2017 Q4 2017 Q2
OPERATING ACTIVITIES
Net Income -$5.800M -$3.804M
YoY Change -71.84% 137.73%
Depreciation, Depletion And Amortization $20.00K $60.00K
YoY Change -88.24% -50.0%
Cash From Operating Activities -$4.130M $1.660M
YoY Change 179.05% -170.04%
INVESTING ACTIVITIES
Capital Expenditures -$10.00K -$40.00K
YoY Change -97.62% -99.05%
Acquisitions
YoY Change
Other Investing Activities -$2.620M -$810.0K
YoY Change -408.24% -73.0%
Cash From Investing Activities -$2.650M -$850.0K
YoY Change -716.28% -88.24%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 12.33M 1.950M
YoY Change 516.5%
NET CHANGE
Cash From Operating Activities -4.130M 1.660M
Cash From Investing Activities -2.650M -850.0K
Cash From Financing Activities 12.33M 1.950M
Net Change In Cash 5.550M 2.760M
YoY Change 484.21% -128.75%
FREE CASH FLOW
Cash From Operating Activities -$4.130M $1.660M
Capital Expenditures -$10.00K -$40.00K
Free Cash Flow -$4.120M $1.700M
YoY Change 288.68% -8.6%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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LicensedContentCurrent
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CY2017Q4 us-gaap Assets
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CY2017Q4 us-gaap Assets Current
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CY2017Q4 us-gaap Property Plant And Equipment Net
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CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
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CY2017Q4 us-gaap Stockholders Equity
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CY2017Q4 us-gaap Cash
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CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2017Q2 us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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us-gaap Profit Loss
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CY2017Q4 us-gaap Liabilities
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CY2017Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
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CY2017Q2 us-gaap Gross Profit
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us-gaap Gross Profit
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CY2017Q2 us-gaap Selling General And Administrative Expense
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us-gaap Selling General And Administrative Expense
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CY2017Q2 us-gaap Professional Fees
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us-gaap Professional Fees
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us-gaap Depreciation And Amortization
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CY2017Q2 us-gaap Impairment Of Intangible Assets Excluding Goodwill
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CY2017Q2 us-gaap Operating Income Loss
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us-gaap Operating Income Loss
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CY2017Q2 us-gaap Interest Expense
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us-gaap Interest Expense
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ssc Exchange Of Series E Preferred Stock For Common Stock
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