Lendway, Inc. financial data

Symbol
LDWY on Nasdaq
Industry
Services-Advertising
Location
5000 West 36 Th Street, Suite 220, Minneapolis, Minnesota
State of incorporation
Delaware
Fiscal year end
December 31
Former names
INSIGNIA SYSTEMS INC/MN (to 7/31/2023)
Latest financial report
Q1 2024 - May 21, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 398 % +37.5%
Quick Ratio 0.48 % -41.4%
Return On Equity -3.27 % -103%
Return On Assets -1.24 % -102%
Operating Margin -14.2 % +23.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 1.77M shares -1.56%
Common Stock, Shares, Outstanding 1.74M shares -3.06%
Entity Public Float 6.69M USD +42.5%
Common Stock, Value, Issued 17K USD -5.56%
Weighted Average Number of Shares Outstanding, Basic 1.74M shares -3.06%
Weighted Average Number of Shares Outstanding, Diluted 1.74M shares -3.06%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 8.03M USD
Cost of Revenue 4.59M USD +61.7%
Selling and Marketing Expense 196K USD
General and Administrative Expense 6.08M USD +147%
Operating Income (Loss) -4.39M USD -39.5%
Nonoperating Income (Expense) 31K USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -1.68M USD -221%
Income Tax Expense (Benefit) -330K USD -33100%
Net Income (Loss) Attributable to Parent -498K USD -104%
Earnings Per Share, Basic 7.09 USD/shares +96.7%
Earnings Per Share, Diluted 7.06 USD/shares +96.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 15M USD
Accounts Receivable, after Allowance for Credit Loss, Current 200K USD -95.8%
Inventory, Net 9.72M USD +40392%
Assets, Current 23.1M USD +6.27%
Property, Plant and Equipment, Net 11.6M USD +17988%
Operating Lease, Right-of-Use Asset 34.1M USD +25900%
Intangible Assets, Net (Excluding Goodwill) 26.7M USD
Goodwill 10.1M USD
Other Assets, Noncurrent 10K USD
Assets 107M USD +387%
Accounts Payable, Current 2.36M USD +6.55%
Accrued Liabilities, Current 2.03M USD
Liabilities, Current 12M USD +79.3%
Accrued Income Taxes, Noncurrent 42K USD -20.8%
Operating Lease, Liability, Noncurrent 3K USD
Other Liabilities, Noncurrent 178K USD
Accumulated Other Comprehensive Income (Loss), Net of Tax 3K USD
Retained Earnings (Accumulated Deficit) -1.7M USD -19.3%
Stockholders' Equity Attributable to Parent 14.5M USD -3.87%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 17.3M USD +14.5%
Liabilities and Equity 107M USD +387%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 1.47M USD
Net Cash Provided by (Used in) Financing Activities 21.8M USD +272838%
Net Cash Provided by (Used in) Investing Activities -34.4M USD -572767%
Common Stock, Shares Authorized 5.71M shares 0%
Common Stock, Shares, Issued 1.74M shares -3.06%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -11.1M USD -188%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 5.01M USD -53.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 46K USD
Deferred Tax Assets, Valuation Allowance 645K USD -45.1%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 14K USD -26.3%
Operating Lease, Liability 34.2M USD +25049%
Depreciation 54K USD -8.48%
Payments to Acquire Property, Plant, and Equipment 230K USD +3733%
Lessee, Operating Lease, Liability, to be Paid 8K USD -95.3%
Property, Plant and Equipment, Gross 12.2M USD +1607%
Operating Lease, Liability, Current 958K USD +31833%
Lessee, Operating Lease, Liability, to be Paid, Year Two 3.72M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 922K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure +14.3%
Deferred Income Tax Expense (Benefit) -505K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1K USD -96.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 3.8M USD
Deferred Tax Assets, Operating Loss Carryforwards 529K USD -35.8%
Current Income Tax Expense (Benefit) 347K USD
Unrecognized Tax Benefits 42K USD -22.2%
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.87M USD
Operating Lease, Payments 28K USD 0%
Additional Paid in Capital 16.2M USD -1.89%
Current State and Local Tax Expense (Benefit) 20K USD +233%
Current Federal Tax Expense (Benefit) 0 USD
Depreciation, Depletion and Amortization 59K USD -1.67%
Share-based Payment Arrangement, Expense 39K USD -57.1%