COPsync, Inc. company info

CIK 1383154
IRS Number 980513637
State of incorporation DE
Business address P.O. BOX 802108
None
DALLAS
TX
75380-2108
Mail address P.O. BOX 802108
None
DALLAS
TX
75380-2108

Short summary

COPsync, Inc. is a Texas company, with head office located at P.O. Box 802108 Dallas, Texas 75380-2108. In 2016 the company owned a total of 3.19 million USD worth of assets, including 2.15 million USD worth of current assets. 2015 was the year when the company amassed the most assets.

COPsync, Inc. Income Statement

Name [in Millions USD]20092010201120122013201420152016Trends
Gross Profit -0.320.270.881.262.142.29
Research and development 0.712.222.161.831.62
Operating Expenses 2.852.965.034.846.196.31
Operating Income (Loss) -3.17-2.68-4.15-3.59-4.06-4.03
Interest expense 0.070.040.030.030.181.20
Income Tax Expense (Benefit) 000000
Net income -2.89-2.61-4.18-3.61-4.22-6.41

COPsync, Inc. Balance Sheet

Name [in Millions USD]20092010201120122013201420152016Trends
Cash and cash equivalents 0.490.260.640.390.110.142.220.39
Accounts Receivable, Net, Current 0.120.080.190.200.220.390.53
Inventories 0.580.58
Property, Plant and Equipment, Gross 0.240.230.220.310.330.570.59
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 0.120.100.100.130.150.190.21
Total assets 2.211.991.611.041.554.533.19
Current assets 0.410.770.830.651.383.882.15
Accounts payable 0.92
Total current liabilities 1.651.583.414.344.863.734.87
Long-term Debt, Excluding Current Maturities 0.050.040.060.560.350.220.21
Long-term Debt 0.090.082.411.140.730.99
Deferred Revenue, Noncurrent 0.380.561.291.091.141.241.22
Total liabilities 2.662.764.796.886.775.236.33
Common Stock, Value, Issued 0.010.020.020.020.000.000.00
Retained Earnings (Accumulated Deficit) -9.17-12.55-16.54-20.03-22.91-35.30-37.97

COPsync, Inc. Cash Flow

Name [in Millions USD]20092010201120122013201420152016Trends
Net income -2.89-2.61-4.18-3.61-4.22-6.41
Depreciation and amortization 0.040.040.04
Depreciation 0.040.040.050.05
Amortization of Intangible Assets 0.440.440
Depreciation and amortization 0.220.180.470.470.050.05
Accounts receivable -0.110.040.030.020.280.09
Inventories 0.000.320.02-0.110.26
Deferred revenue 0.590.480.252.09-0.26-0.55
Net Cash Provided by (Used in) Operating Activities -1.06-1.47-2.70-0.63-2.90-3.35
Payments to Acquire Property, Plant, and Equipment 0.020.030.030.120.050.02
Net Cash Provided by (Used in) Investing Activities -0.180.03-0.03-0.01-0.05-0.02
Proceeds from Issuance of Long-term Debt 00.410
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.130.011.05
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.130.011.05
Proceeds from Issuance of Common Stock 0.170.010.352.080
Net Cash Provided by (Used in) Financing Activities 0.332.281.830.883.1211.08
Cash and Cash Equivalents, Period Increase (Decrease) -0.900.83-0.900.240.177.71