INSIGNIA SYSTEMS INC/MN company info

CIK 875355
IRS Number 411656308
State of incorporation MN
Business address 8799 BROOKLYN BLVD.
None
MINNEAPOLIS
MN
55445
Mail address 8799 BROOKLYN BLVD.
None
MINNEAPOLIS
MN
55445

Short summary

INSIGNIA SYSTEMS INC/MN is a Minnesota company, with head office located at 8799 Brooklyn Blvd. Minneapolis, Minnesota 55445. In 2017 the company owned a total of 22.65 million USD worth of assets, including 18.57 million USD worth of current assets. 2010 was the year when the company amassed the most assets. The company net sales last year amounted to 26.43 million USD.

INSIGNIA SYSTEMS INC/MN Income Statement

Name [in Millions USD]2008200920102011201220132014201520162017Trends
Revenue, Net 20.1727.7626.3128.2124.9126.43
Cost of Goods and Services Sold 13.4314.8412.4212.8715.0114.5215.5417.8518.03
Gross Profit 15.3415.174.827.3012.7511.7812.677.068.40
Amortization of Acquired Intangible Assets 0.280.40
Operating Expenses 11.6014.27-76.819.5910.3511.3210.219.149.31
Operating Income (Loss) 3.750.9181.63-2.282.400.472.46-2.08-0.91
Interest expense 0.040.02
Other Nonoperating Income (Expense) -0.00
Income Tax Expense (Benefit) 0.12-5.6730.61-0.631.050.301.01-0.81-0.27
Net income 3.726.6051.09-1.621.380.211.53-1.29-0.64

INSIGNIA SYSTEMS INC/MN Balance Sheet

Name [in Millions USD]2008200920102011201220132014201520162017Trends
Cash and cash equivalents 11.058.2540.2919.6122.9319.498.7110.773.208.04
Available-for-sale Securities, Current 09.816.210
Accounts Receivable, Net, Current 3.422.604.145.907.676.789.849.60
Inventories 0.430.310.370.340.450.570.350.36
Deferred income taxes 0.150.480.480.170.05
Property, Plant and Equipment, Gross 5.866.025.796.056.047.398.39
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 3.424.094.184.804.454.695.49
Other Assets, Noncurrent 4.403.643.283.272.812.221.631.18
Total assets 51.573133.4331.1731.1829.3718.7522.65
Current assets 45.0224.9228.2126.3027.1225.5614.4218.57
Accounts payable 1.482.172.901.862.622.382.383.17
Total current liabilities 16.644.305.224.145.324.104.296.44
Deferred income taxes 0.330.410.280.220.2000.25
Total liabilities 17.795.056.24
Common Stock, Value, Issued 0.160.140.140.130.120.120.120.12
Retained Earnings (Accumulated Deficit) -14.453.234.275.255.626.40-1.73-0.29
Accumulated Other Comprehensive Income (Loss), Net of Tax -0.00-0.000

INSIGNIA SYSTEMS INC/MN Cash Flow

Name [in Millions USD]2008200920102011201220132014201520162017Trends
Net income 3.726.6051.09-1.621.380.211.53-1.29-0.64
Depreciation 0.410.750.660.700.670.790.87
Depreciation and amortization 0.410.340.691.151.061.181.161.451.35
Deferred Income Tax Expense (Benefit) -5.705.550.090.180.060.03-0.040.04
Accounts receivable 0.120.34-0.561.120.503.280.891.552.06
Inventories -0.050.03-0.09-0.01-0.000.22-0.13-0.07-0.02
Accounts payable -0.500.080.11-0.320.510.45-0.07-0.890.70
Deferred revenue -0.05-0.97-0.040.31-0.14-0.09-0.01-0.100.31
Net Cash Provided by (Used in) Operating Activities 2.460.8458.91-2.71
Payments to Acquire Property, Plant, and Equipment 0.280.392.200.140.270.430.441.471.16
Payments to Acquire Intangible Assets 4
Net Cash Provided by (Used in) Investing Activities -4.683.51-5.70-0.14
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -0.14-0.25-10.66-0.218.04-1.16
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.110.120.08
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.110.120.08
Proceeds from Issuance of Common Stock 0.160.743.130.130.090.220.050.050
Payments for Repurchase of Common Stock 0.4717.370.212.332.451.760.310
Net Cash Provided by (Used in) Financing Activities -0.040.05-43.21-0.08
Cash and Cash Equivalents, Period Increase (Decrease) -2.264.4010.01-2.93