EMRISE Corp company info

CIK 854852
IRS Number 770226211
State of incorporation DE
Business address 2530 MERIDIAN PARKWAY
Mail address 2530 MERIDIAN PARKWAY

Short summary

EMRISE Corp is a North Carolina company, with head office located at 2530 Meridian Parkway Durham, North Carolina 27713. The company achieved a record breaking net income last year - 877.00 thousand USD. This is -323.72% higher than one reported in 2013. In 2014 the company owned a total of 23.13 million USD worth of assets, including 13.82 million USD worth of current assets. 2013 was the year when the company amassed the most assets. The company net sales last year amounted to 35.66 million USD, which means a 11.81% increase when compared to 2013. The company allocated 1.26 million USD of its income to research and development.

EMRISE Corp Income Statement

Name [in Millions USD]200920102011201220132014Trends
Revenue, Net 29.5233.5334.0531.9035.67
Gross Profit 8.889.5210.019.7211.18
Selling, General and Administrative Expense 10.029.628.798.338.97
Research and development 1.731.551.271.131.27
Operating Expenses 12.6611.1710.069.479.53
Operating Income (Loss) -3.78-1.64-
Interest expense 1.940.380.390.530.40
Other Nonoperating Income (Expense)
Income Tax Expense (Benefit) 0.580.090.310.110.38
Net income -1.620.09-0.390.88

EMRISE Corp Balance Sheet

Name [in Millions USD]200920102011201220132014Trends
Cash and cash equivalents 1.992.800.851.190.851.68
Accounts Receivable, Net, Current 4.955.715.216.755.77
Inventories 8.718.316.267.016.51
Deferred income taxes
Property, Plant and Equipment, Gross 3.533.997.936.33
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 2.573.013.362.28
Intangible Assets, Net (Excluding Goodwill) 0.910.770.490.400.37
Other Assets, Noncurrent 0.190.350.380.100.10
Total assets 24.6723.2723.2226.3423.13
Current assets 17.2015.5313.7015.7913.82
Accounts payable 3.452.941.913.180.30
Taxes Payable, Current
Total current liabilities 8.759.227.9611.229.58
Long-term Debt, Excluding Current Maturities
Long-term Debt 4.145.595.343.06
Deferred income taxes 0.1400.02
Total liabilities 13.7713.0113.4416.4013.17
Common Stock, Value, Issued
Retained Earnings (Accumulated Deficit) -31.85-32.12-32.16-33.55-31.22
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.64-1.92-2.38-0.86-3.22

EMRISE Corp Cash Flow

Name [in Millions USD]200920102011201220132014Trends
Net income -1.620.09-0.390.88
Depreciation and amortization 0.390.410.470.51
Depreciation 0.300.400.300.40
Depreciation and amortization 0.460.390.410.480.15
Deferred Income Tax Expense (Benefit) 0.170.01-0.02-0.060.02
Accounts receivable -0.230.990.590.19-1.18
Inventories -0.451.13-0.15-1.040.77
Net Cash Provided by (Used in) Operating Activities -3.82-3.360.602.073.33
Payments to Acquire Property, Plant, and Equipment
Net Cash Provided by (Used in) Investing Activities 17.67-0.530.05-3.62-0.35
Net Cash Provided by (Used in) Investing Activities, Continuing Operations 17.71-0.53
Net Cash Provided by (Used in) Financing Activities -13.670.99-0.541.17-1.28
Cash and Cash Equivalents, Period Increase (Decrease) -0.25-2.940.71-0.351.19