Cuentas Inc (CUENW)

Name: Cuentas Inc Financial Statements
Creator: Quarter Results

Technology | Software Application

Latest reporting period: 2024-09-30

Latest Quarter

2024-09-30

Revenue

$4.0K

Net Income

-$399K

Operating Margin

-7,650.0%

Free Cash Flow

-$4.5M

Debt / Assets

101.5%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Cuentas Inc (CUENW).
Income Statement (Quarterly)	2024-09-30	2024-03-31	2023-12-31	2023-09-30
Revenue	4,000	639,000	1,346,000	895,000
Cost of Revenue	11,000	708,000	1,486,000	971,000
Gross Profit	-7,000	-69,000	-140,000	-76,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	299,000	772,000	2,511,000	1,097,000
Operating Expenses	299,000	774,000	2,509,000	1,097,000
Operating Income	-306,000	-843,000	-2,650,000	-1,173,000
Interest Expense	-57,000	13,000	0	3,000
Income Before Tax	-399,000	-445,000	2,161,000	-1,187,000
Income Tax Expense	0	0	-5,188,000	-7,000
Net Income	-399,000	-445,000	2,098,000	-1,187,000
Per Share
EPS	-0.13	-0.16	0.94	-0.53
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Cuentas Inc (CUENW).
Income Statement (Annual)	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31
Revenue	676,000	2,346,000	2,994,000	593,000	558,000
Cost of Revenue	565,000	2,733,000	2,508,000	469,000	697,000
Gross Profit	111,000	-387,000	486,000	124,000	-139,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	1,899,000	5,591,000	9,431,000	8,980,000	5,840,000
Operating Expenses	1,899,000	6,022,000	11,241,000	10,789,000	7,640,000
Operating Income	-1,788,000	-6,409,000	-10,755,000	-10,665,000	-7,779,000
Interest Expense	-118,000	0	3,724,000	172,000	108,000
Income Before Tax	-3,309,000	-2,196,000	-14,479,000	-10,726,000	-7,483,000
Income Tax Expense	0	0	7,376,000	0	0
Net Income	-3,309,000	-2,196,000	-21,855,000	-10,728,000	-8,101,000
Per Share
EPS	-1.22	-0.95	-17.76	0.00	0.00
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Cuentas Inc (CUENW).
Balance Sheet (Quarterly)	2023-12-31	2022-12-31	2021-12-31	2020-12-31
Assets
Cash and Cash Equivalents	205,000	466,000	6,607,000	227,000
Short Term Investments	0	0	0	3,000
Net Receivables	1,300,000	209,000	11,000	54,000
Inventory	0	0	0	0
Total Current Assets	1,760,000	689,000	6,780,000	296,000
Property Plant Equipment	13,000	6,000	2,000	4,000
Goodwill and Intangibles	19,000	28,000	0	7,200,000
Total Assets	4,720,000	1,499,000	12,258,000	7,500,000
Liabilities
Account Payables	1,497,000	1,231,000	810,000	2,354,000
Short Term Debt	26,000	109,000	97,000	812,000
Total Current Liabilities	4,689,000	2,134,000	2,719,000	6,480,000
Long Term Debt	101,000	89,000	0	0
Total Liabilities	4,790,000	2,223,000	2,808,000	6,569,000
Shareholders Equity
Retained Earnings	-54,946,000	-52,750,000	-38,219,000	-27,491,000
Total Shareholders Equity	-70,000	-724,000	9,450,000	931,000

Balance sheet annual history for Cuentas Inc (CUENW).
Balance Sheet (Annual)	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31
Assets
Cash and Cash Equivalents	205,000	466,000	6,607,000	227,000	16,000
Short Term Investments	0	0	0	3,000	1,000
Net Receivables	1,300,000	209,000	11,000	54,000	54,000
Inventory	0	0	0	0	0
Total Current Assets	1,760,000	689,000	6,780,000	296,000	165,000
Property Plant Equipment	13,000	6,000	2,000	4,000	5,000
Goodwill and Intangibles	19,000	28,000	0	7,200,000	9,000,000
Total Assets	4,720,000	1,499,000	12,258,000	7,500,000	9,170,000
Liabilities
Account Payables	1,497,000	1,231,000	810,000	2,354,000	1,525,000
Short Term Debt	26,000	109,000	97,000	812,000	359,000
Total Current Liabilities	4,689,000	2,134,000	2,719,000	6,480,000	3,917,000
Long Term Debt	101,000	89,000	0	0	0
Total Liabilities	4,790,000	2,223,000	2,808,000	6,569,000	3,917,000
Shareholders Equity
Retained Earnings	-54,946,000	-52,750,000	-38,219,000	-27,491,000	-19,390,000
Total Shareholders Equity	-70,000	-724,000	9,450,000	931,000	5,871,000

Cash flow quarterly history for Cuentas Inc (CUENW).
Cash Flow Statement (Quarterly)	2023-12-31	2022-12-31	2021-12-31	2020-12-31
Operating Activities
Net Income	-2,196,000	-14,531,000	-10,728,000	-7,483,000
Depreciation & Amortization	15,000	1,813,000	1,811,000	1,801,000
Stock Based Compensation	622,000	1,697,000	2,745,000	1,444,000
Change in Working Capital	529,000	170,000	-3,174,000	2,667,000
Operating Cash Flow	-4,193,000	-8,137,000	-9,330,000	-1,738,000
Investing Activities
Capital Expenditure	-314,000	-7,000	-47,000	0
Investments	-314,000	-7,000	0	0
Investing Cash Flow	-2,098,000	-664,000	-87,000	0
Financing Activities
Debt Repayment	0	0	-355,000	0
Common Stock Issued/Repurchased	6,030,000	2,660,000	10,614,000	750,000
Dividends Paid	0	0	0	0
Financing Cash Flow	6,030,000	2,660,000	15,797,000	1,949,000
Summary
Free Cash Flow	-4,507,000	-8,144,000	-9,377,000	-1,738,000
Net Change in Cash	-261,000	-6,141,000	6,380,000	211,000

Cash flow annual history for Cuentas Inc (CUENW).
Cash Flow Statement (Annual)	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31
Operating Activities
Net Income	-2,196,000	-14,531,000	-10,728,000	-7,483,000	-1,286,000
Depreciation & Amortization	15,000	1,813,000	1,811,000	1,801,000	1,000
Stock Based Compensation	622,000	1,697,000	2,745,000	1,444,000	487,000
Change in Working Capital	529,000	170,000	-3,174,000	2,667,000	-2,209,000
Operating Cash Flow	-4,193,000	-8,137,000	-9,330,000	-1,738,000	-1,315,000
Investing Activities
Capital Expenditure	-314,000	-7,000	-47,000	0	0
Investments	-314,000	-7,000	0	0	0
Investing Cash Flow	-2,098,000	-664,000	-87,000	0	0
Financing Activities
Debt Repayment	0	0	-355,000	0	0
Common Stock Issued/Repurchased	6,030,000	2,660,000	10,614,000	750,000	1,591,000
Dividends Paid	0	0	0	0	0
Financing Cash Flow	6,030,000	2,660,000	15,797,000	1,949,000	1,177,000
Summary
Free Cash Flow	-4,507,000	-8,144,000	-9,377,000	-1,738,000	-1,315,000
Net Change in Cash	-261,000	-6,141,000	6,380,000	211,000	-138,000