Sigma Labs (SASI) Financial Statements

Price: $4.15
Market Cap: $3.89M
Avg Volume: 328.12K
Country: US
Industry: Information Technology Services
Sector: Technology
Beta: 1.606
52W Range: $2.3901-11.0
Website: Sigma Labs

Overview of Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:

  • Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
  • Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
  • Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.

This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Sigma Labs.


Income Statement

Revenue
Cost of Revenue
Revenue and Costs$2.00M$2.00M$1.60M$1.60M$1.20M$1.20M$800.00K$800.00K$400.00K$400.00K$0.00$0.0020142014201520152016201620172017201820182019201920202020202120212022202220232023
Operating Expenses
Operating Income
Operating Expenses & Income$10.00M$10.00M$5.00M$5.00M$0.00$0.00-$5.00M-$5.00M-$10.00M-$10.00M20142014201520152016201620172017201820182019201920202020202120212022202220232023
Breakdown December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015 December 31, 2014 December 31, 2013
Revenue $630.43K $1.65M $807.49K $402.45K $388.57K $641.05K $966.42K $1.23M $548.72K $1.07M
Cost of Revenue $349.93K $559.97K $591.96K $574.30K $270.11K $272.37K $228.90K $214.00K $158.94K $488.63K
Gross Profit $280.50K $1.09M $215.53K $-171.85K $118.47K $368.68K $737.52K $1.02M $389.79K $582.81K
Gross Profit Ratio 44.49% 66.10% 26.69% -42.70% 30.49% 57.51% 76.31% 82.67% 71.04% 54.40%
Research and Development Expenses $653.19K $890.55K $351.40K $647.99K $493.41K $302.04K $92.99K $330.55K $219.13K $14.28K
General and Administrative Expenses $7.17M $7.00M $4.31M $4.51M $4.87M $3.78M $3.16M $2.39M $2.01M $1.23M
Selling and Marketing Expenses $422.64K $503.82K $434.85K $703.71K $633.03K $- $- $- $- $-
Selling General and Administrative Expenses $7.60M $7.51M $4.75M $5.21M $4.87M $3.78M $3.16M $2.39M $2.01M $1.23M
Other Expenses $703.26K $1.17M $664.66K $299.40K $327.20K $180.37K $- $- $- $-
Operating Expenses $8.95M $9.57M $5.76M $6.16M $5.69M $4.27M $3.25M $2.72M $2.23M $1.23M
Cost and Expenses $9.30M $10.13M $6.35M $6.73M $5.96M $4.54M $3.48M $2.93M $2.38M $1.72M
Interest Income $3.49K $13.87K $1.06K $18.76K $35.18K $40.11K $355 $1.34K $3.46K $653
Interest Expense $7.34K $11.26K $13.91K $8.69K $3.97K $161.85K $- $1.34K $3.46K $653
Depreciation and Amortization $119.65K $1.20M $467.93K $271.47K $192.37K $196.94K $178.84K $169.05K $22.65K $100.10K
EBITDA $-8.55M $-7.28M $-5.08M $-6.11M $-5.34M $-4.02M $-2.92M $-1.70M $-552.88K $-546.68K
EBITDA Ratio -1356.65% -440.68% -629.01% -1518.77% -1374.58% -626.89% -302.18% -137.42% -100.76% -51.02%
Operating Income $-8.67M $-8.48M $-5.55M $-6.38M $-5.57M $-4.05M $-2.51M $-1.70M $-3.12M $-734.77K
Operating Income Ratio -1375.63% -513.35% -686.96% -1586.22% -1433.14% -632.09% -260.13% -137.42% -568.51% -68.58%
Total Other Income Expenses Net $56.58K $1.09M $498.63K $62.84K $-5.36K $-1.23M $-344.50K $562 $-1.28M $-86.69K
Income Before Tax $-8.69M $-7.38M $-5.20M $-6.32M $-5.57M $-4.58M $-2.20M $-1.70M $-3.12M $-734.12K
Income Before Tax Ratio -1378.81% -447.07% -643.99% -1570.61% -1434.52% -714.07% -227.32% -137.37% -567.88% -68.52%
Income Tax Expense $-63.92K $1.10M $375.61K $16.95K $-1.39K $161.85K $-495.97K $-170.39K $1.26M $-
Net Income $-8.63M $-8.49M $-5.58M $-6.34M $-5.57M $-4.58M $-2.20M $-1.70M $-3.12M $-734.12K
Net Income Ratio -1368.67% -513.89% -690.51% -1574.82% -1434.52% -714.07% -227.32% -137.37% -567.88% -68.52%
EPS $-16.44 $-17.27 $-29.12 $-107.76 $-161.62 $-207.91 $-140.60 $-108.94 $-204.21 $-59.94
EPS Diluted $-16.44 $-17.27 $-29.12 $-107.76 $-161.62 $-207.91 $-140.60 $-108.94 $-204.21 $-59.94
Weighted Average Shares Outstanding 524.94K 491.43K 191.49K 58.81K 34.49K 22.02K 15.62K 15.57K 15.26K 12.25K
Weighted Average Shares Outstanding Diluted 524.94K 491.43K 191.49K 58.81K 34.49K 22.02K 15.62K 15.57K 15.26K 12.25K
SEC Filing Source Source Source Source Source Source Source Source Source Source

Balance Sheet

Total Assets
Total Liabilities
Total Assets and Liabilities$15.00M$15.00M$12.00M$12.00M$9.00M$9.00M$6.00M$6.00M$3.00M$3.00M$0.00$0.0020142014201520152016201620172017201820182019201920202020202120212022202220232023
Equity$15.00M$15.00M$12.00M$12.00M$9.00M$9.00M$6.00M$6.00M$3.00M$3.00M$0.00$0.0020142014201520152016201620172017201820182019201920202020202120212022202220232023
Breakdown December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015 December 31, 2014 December 31, 2013
Cash and Cash Equivalents $2.85M $11.45M $3.70M $86.92K $1.28M $1.52M $398.39K $1.54M $2.96M $992.45K
Short Term Investments $- $- $- $- $- $- $- $- $- $-
Cash and Short Term Investments $2.85M $11.45M $3.70M $86.92K $1.28M $1.52M $398.39K $1.54M $2.96M $992.45K
Net Receivables $371.62K $412.19K $331.56K $55.54K $160.71K $893.04K $288.24K $280.22K $117.73K $303.44K
Inventory $950.94K $710.08K $659.65K $598.72K $240.09K $192.71K $187.24K $20.13K $56.17K $1.17K
Other Current Assets $105.23K $114.28K $90.73K $199.73K $67.25K $55.28K $36.06K $55.48K $29.99K $25.07K
Total Current Assets $4.27M $12.68M $4.78M $940.90K $1.75M $2.66M $909.92K $1.90M $3.17M $1.32M
Property Plant Equipment Net $304.90K $232.28K $138.63K $128.72K $277.94K $411.64K $564.93K $714.75K $803.03K $11.42K
Goodwill $- $- $- $- $- $- $- $- $- $-
Intangible Assets $1.13M $925.11K $753.12K $569.34K $404.98K $294.40K $226.45K $167.64K $95.85K $70.49K
Goodwill and Intangible Assets $1.13M $925.11K $753.12K $569.34K $404.98K $294.40K $226.45K $167.64K $95.85K $70.49K
Long Term Investments $- $- $- $500 $500 $500 $500 $9.22K $- $-
Tax Assets $- $- $- $- $-500 $- $- $-418.55K $- $-
Other Non-Current Assets $-1.43M $-1.16M $26.00K $52.00K $500 $31.58K $167.56K $- $95.51K $17.43K
Total Non-Current Assets $1.43M $1.16M $917.75K $750.56K $683.42K $738.12K $959.45K $891.62K $994.38K $99.34K
Other Assets $- $- $- $- $- $- $- $- $- $-
Total Assets $5.70M $13.84M $5.70M $1.69M $2.43M $3.39M $1.87M $2.79M $4.16M $1.42M
Account Payables $277.49K $206.44K $128.94K $727.11K $217.49K $100.88K $112.17K $38.39K $309.70K $102.62K
Short Term Debt $- $- $- $50.00K $50.00K $100.00K $561.83K $- $- $-
Tax Payables $- $- $- $- $- $- $- $- $- $-
Deferred Revenue $120.07K $148.85K $77.96K $139.45K $51.50K $108.68K $- $- $- $-
Other Current Liabilities $231.63K $625.94K $243.81K $122.66K $376.83K $146.33K $125.12K $71.52K $44.65K $38.54K
Total Current Liabilities $629.20K $981.24K $450.71K $1.04M $695.82K $455.89K $799.12K $109.92K $354.35K $141.16K
Long Term Debt $- $- $- $- $- $- $- $- $- $-
Deferred Revenue Non-Current $- $- $- $- $- $- $- $- $- $-
Deferred Tax Liabilities Non-Current $- $- $37.73K $- $- $- $- $- $- $-
Other Non-Current Liabilities $- $- $48.34K $- $- $- $93.21K $- $- $-
Total Non-Current Liabilities $397.56K $- $86.07K $- $- $- $93.21K $- $- $-
Other Liabilities $-397.56K $- $- $- $- $- $- $- $- $-
Total Liabilities $629.20K $981.24K $536.78K $1.04M $695.82K $455.89K $892.33K $109.92K $354.35K $141.16K
Preferred Stock $1 $1 $1 $- $- $- $- $401.75K $- $-
Common Stock $10.50K $10.50K $6.00K $1.40K $8.78K $4.98K $6.27K $623.91K $619.74K $559.77K
Retained Earnings $-49.34M $-40.59M $-33.11M $-26.10M $-19.77M $-14.41M $-9.76M $-7.56M $-5.87M $-2.75M
Accumulated Other Comprehensive Income Loss $- $- $- $- $- $- $- $-401.75K $- $-
Other Total Stockholders Equity $54.41M $53.44M $38.26M $26.75M $21.50M $17.42M $10.73M $9.62M $9.05M $3.47M
Total Stockholders Equity $5.07M $12.86M $5.16M $652.25K $1.74M $2.94M $977.04K $2.68M $3.81M $1.28M
Total Equity $5.07M $12.86M $5.16M $652.25K $1.74M $2.94M $977.04K $2.68M $3.81M $1.28M
Total Liabilities and Stockholders Equity $5.70M $13.84M $5.70M $1.69M $2.43M $3.39M $1.87M $2.79M $4.16M $1.42M
Minority Interest $- $- $- $- $- $- $- $- $- $-
Total Liabilities and Total Equity $5.70M $13.84M $5.70M $1.69M $2.43M $3.39M $1.87M $2.79M $4.16M $1.42M
Total Investments $- $- $- $500 $500 $500 $500 $9.22K $- $-
Total Debt $- $- $- $50.00K $50.00K $100.00K $561.83K $- $- $-
Net Debt $-2.85M $-11.45M $-3.70M $-36.92K $-1.23M $-1.42M $163.44K $-1.54M $-2.96M $-992.45K

Cash Flow Statement

Operating Cash Flow
Investing Cash Flow
Operating and Investing Cash Flow$2.00M$2.00M$0.00$0.00-$2.00M-$2.00M-$4.00M-$4.00M-$6.00M-$6.00M-$8.00M-$8.00M-$10.00M-$10.00M20142014201520152016201620172017201820182019201920202020202120212022202220232023
Financing Cash Flow$16.00M$16.00M$12.00M$12.00M$8.00M$8.00M$4.00M$4.00M$0.00$0.0020142014201520152016201620172017201820182019201920202020202120212022202220232023
Breakdown December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015 December 31, 2014 December 31, 2013
Net Income $-8.69M $-7.38M $-5.20M $-6.32M $-5.57M $-4.58M $-2.20M $-1.70M $-3.12M $-734.12K
Depreciation and Amortization $116.17K $94.11K $105.17K $192.57K $192.37K $196.94K $178.84K $169.05K $22.65K $100.10K
Deferred Income Tax $-1.27M $-37.73K $37.73K $- $- $215.77K $89.57K $-522.54K $700.78K $-258.40K
Stock Based Compensation $907.38K $1.77M $939.50K $797.24K $1.15M $722.06K $- $518.44K $582.55K $258.40K
Change in Working Capital $-543.28K $315.86K $-654.40K $-216.44K $436.56K $204.62K $-45.12K $-342.30K $338.99K $-23.02K
Accounts Receivables $40.57K $-80.63K $-276.02K $-16.74K $65.74K $183.70K $-8.01K $-157.61K $185.72K $-30.16K
Inventory $-240.86K $-50.43K $-60.93K $-358.63K $-24.84K $-5.46K $-167.11K $36.05K $-55.01K $-1.17K
Accounts Payables $71.05K $77.50K $-598.18K $509.63K $116.60K $-11.29K $73.78K $-271.31K $207.07K $-3.97K
Other Working Capital $-414.04K $369.41K $280.73K $-350.70K $279.06K $37.67K $56.22K $50.57K $1.20K $12.28K
Other Non Cash Items $1.27M $-1.05M $-37.73K $32.68K $36.73K $446.72K $356.99K $613.95K $582.55K $345.74K
Net Cash Provided by Operating Activities $-8.21M $-6.30M $-4.81M $-5.51M $-3.76M $-2.79M $-1.96M $-1.26M $-888.56K $-311.30K
Investments in Property Plant and Equipment $-388.96K $-359.75K $-298.86K $-207.71K $-228.53K $-140.46K $-87.83K $-152.57K $-839.61K $-27.16K
Acquisitions Net $- $- $500 $- $- $- $- $- $- $-
Purchases of Investments $- $- $- $- $- $- $- $-10.00K $- $-
Sales Maturities of Investments $- $- $- $- $- $- $8.72K $778 $- $-
Other Investing Activities $-224.34K $-177.23K $500 $121.91K $632.20K $-788.50K $8.72K $-83.33K $-27.66K $-15.54K
Net Cash Used for Investing Activities $-388.96K $-359.75K $-298.36K $-85.80K $403.67K $-928.96K $-79.10K $-162.57K $-839.61K $-27.16K
Debt Repayment $- $- $- $- $- $- $- $- $- $-
Common Stock Issued $- $- $3.60M $- $2.04M $5.23M $152.26K $- $4.00M $1.17M
Common Stock Repurchased $- $- $1.81M $- $- $- $- $- $- $-
Dividends Paid $- $- $- $- $-15.12K $- $- $- $- $-
Other Financing Activities $- $14.40M $8.72M $4.41M $3.14M $4.84M $900.00K $- $3.70M $1.18M
Net Cash Used Provided by Financing Activities $- $14.40M $8.72M $4.41M $3.12M $4.84M $900.00K $- $3.70M $1.18M
Effect of Forex Changes on Cash $- $- $- $- $- $- $- $- $- $-
Net Change in Cash $-8.60M $7.75M $3.61M $-1.19M $-235.89K $1.12M $-1.14M $-1.42M $1.97M $842.38K
Cash at End of Period $2.85M $11.45M $3.70M $86.92K $1.28M $1.52M $398.39K $1.54M $2.96M $992.45K
Cash at Beginning of Period $11.45M $3.70M $86.92K $1.28M $1.52M $398.39K $1.54M $2.96M $992.45K $150.07K
Operating Cash Flow $-8.21M $-6.30M $-4.81M $-5.51M $-3.76M $-2.79M $-1.96M $-1.26M $-888.56K $-311.30K
Capital Expenditure $-388.96K $-359.75K $-298.86K $-207.71K $-228.53K $-140.46K $-87.83K $-152.57K $-839.61K $-27.16K
Free Cash Flow $-8.60M $-6.66M $-5.11M $-5.72M $-3.99M $-2.93M $-2.05M $-1.41M $-1.73M $-338.46K