ComSovereign Holding Corp. company info

CIK 1178727
IRS Number 465538504
State of incorporation NV
Business address 11651 CENTRAL PARKWAY #118
None
JACKSONVILLE
FL
32224
Mail address 11651 CENTRAL PARKWAY #118
None
JACKSONVILLE
FL
32224

Short summary

ComSovereign Holding Corp. is a Florida company, with head office located at 11651 Central Parkway #118 Jacksonville, Florida 32224. In 2019 the company owned a total of 119.99 million USD worth of assets, including 8.67 million USD worth of current assets. The company amassed the most assets last year, totalling up to 119.99 million USD.

ComSovereign Holding Corp. Income Statement

Name [in Millions USD]20092010201120122013201420152016201720182019Trends
Revenue, Net 0.641.692.991.450.86
Cost of Goods and Services Sold 0.320.831.310.85
Gross Profit 0.320.861.400.600.180.190.910.220.51
Operating Expenses 2.003.123.030.010.01
Operating Income (Loss) -1.68-2.27-0.03-0.18-1.72-8.97-8.82-9.85-8.13
Interest expense 0.140.172.000.000.000.000.351.630.34
Income Tax Expense (Benefit) 0.01
Net income -1.92-2.53-8.260.03-2.12-8.98-8.53-10.32-8.48

ComSovereign Holding Corp. Balance Sheet

Name [in Millions USD]20092010201120122013201420152016201720182019Trends
Cash and cash equivalents 0.040.210.100.821.731.111.110.720.430.680.81
Accounts Receivable, Net, Current 0.070.370.130.230.020.480.021.372.17
Inventories 0.050.130.150.640.931.464.67
Property, Plant and Equipment, Gross 0.260.260.000.010.100.170.180.180.289.22
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 0.170.170.000.010.010.040.080.110.157.76
Goodwill 0.140.100.100.100.100.1056.39
Intangible Assets, Net (Excluding Goodwill) 0.060.140.081.441.140.850.5651.28
Other Assets, Noncurrent 0.070.060.070.07
Total assets 1.872.211.792.351.623.472.782.444.64119.99
Current assets 0.430.601.002.081.351.801.441.423.708.67
Accounts payable 2.25
Total current liabilities 0.370.980.232.880.290.201.013.292.4915.14
Long-term Debt, Excluding Current Maturities 2.110.390.790.63
Long-term Debt 5.39
Total liabilities 0.912.880.290.203.016.292.5417.04
Common Stock, Value, Issued 1.041.751.860.000.010.000.000.000.000.01
Retained Earnings (Accumulated Deficit) -11.37-14.16-14.22-0.43-5.98-14.52-22.56-32.75-39.52-27.55
Accumulated Other Comprehensive Income (Loss), Net of Tax -0.10-0.46-0.02

ComSovereign Holding Corp. Cash Flow

Name [in Millions USD]20092010201120122013201420152016201720182019Trends
Net income -1.92-2.53-8.260.03-2.12-8.98-8.53-10.32-8.48
Depreciation and amortization 0.250.240.49
Depreciation 0.030.040.04
Amortization of Intangible Assets 0.040.170.290.29
Depreciation and amortization 0.250.240.520.000.000.020.03
Accounts receivable -0.070.26-0.23-0.01-0.100.050.31-0.28-0.09
Inventories 0.01-0.010.06-0.070.100.340.54-0.12
Deferred revenue -0.060.020.01-0.050.01-0.01
Net Cash Provided by (Used in) Operating Activities -1.30-2.87-3.59-3.33-2.39
Payments to Acquire Property, Plant, and Equipment 0.020.07
Payments to Acquire Productive Assets 0.070.01
Payments to Acquire Intangible Assets 0.20
Net Cash Provided by (Used in) Investing Activities 1.53-0.33-0.02-0.070.05
Net Cash Provided by (Used in) Investing Activities, Continuing Operations 0.01-0.610.010.001.53
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.120.100.100.14
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.120.100.100.14
Proceeds from Issuance of Common Stock 0.250.653.482
Net Cash Provided by (Used in) Financing Activities 1.144.482.9724
Cash and Cash Equivalents, Period Increase (Decrease) 0.140.090.39-0.051.371.29-0.64-1.401.67