Lendway, Inc. financial data

Symbol
LDWY on Nasdaq
Industry
Services-Advertising
Location
5000 West 36 Th Street, Suite 220, Minneapolis, MN
State of incorporation
DE
Fiscal year end
December 31
Former names
INSIGNIA SYSTEMS INC/MN (to 7/31/2023)
Latest financial report
10-Q - Q2 2024 - Aug 19, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 317 % -5.53%
Quick Ratio 0.48 % -41.4%
Return On Equity -8.57 % -110%
Return On Assets -2.16 % -104%
Operating Margin -27.7 % -50.3%

Shares

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

Income Statement

Label TTM Value / Value Unit Change %
Revenues 16.8M USD
Cost of Revenue 4.59M USD +61.7%
Selling and Marketing Expense 69K USD
General and Administrative Expense 9.62M USD +364%
Operating Income (Loss) -3.95M USD -51.8%
Nonoperating Income (Expense) 31K USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -4.82M USD -156%
Income Tax Expense (Benefit) -535K USD -5844%
Net Income (Loss) Attributable to Parent -1.28M USD -110%
Earnings Per Share, Basic -0.42 USD/shares -2000%
Earnings Per Share, Diluted -0.42 USD/shares -2000%

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 6.97M USD +24804%
Assets, Current 13.8M USD -29.7%
Property, Plant and Equipment, Net 11.4M USD +15989%
Operating Lease, Right-of-Use Asset 33.7M USD +27281%
Intangible Assets, Net (Excluding Goodwill) 26.3M USD
Goodwill 10.2M USD
Other Assets, Noncurrent 10K USD
Assets 95.9M USD +385%
Accounts Payable, Current 2.18M USD +64.4%
Accrued Liabilities, Current 2.03M USD
Liabilities, Current 7.69M USD +69.8%
Accrued Income Taxes, Noncurrent 42K USD -20.8%
Deferred Income Tax Liabilities, Net 9.12M USD
Operating Lease, Liability, Noncurrent 3K USD
Other Liabilities, Noncurrent 178K USD
Accumulated Other Comprehensive Income (Loss), Net of Tax 37K USD
Retained Earnings (Accumulated Deficit) -2.45M USD -67.3%
Stockholders' Equity Attributable to Parent 13.8M USD -8.37%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 16.5M USD +9.59%
Liabilities and Equity 95.9M USD +385%

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 1.77M shares -1.56%
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 1.72M USD -85%
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 34M USD +24340%
Depreciation 424K USD +3433%
Payments to Acquire Property, Plant, and Equipment 230K USD +3733%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -710K USD -1872%
Lessee, Operating Lease, Liability, to be Paid 59.1M USD +36811%
Property, Plant and Equipment, Gross 12.4M USD +1823%
Operating Lease, Liability, Current 997K USD +6131%
Lessee, Operating Lease, Liability, to be Paid, Year Two 3.83M USD +7271%
Lessee, Operating Lease, Liability, to be Paid, Year One 3.76M 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 3.91M USD +7275%
Deferred Tax Assets, Operating Loss Carryforwards 529K USD -35.8%
Current Income Tax Expense (Benefit) 201K USD +4925%
Unrecognized Tax Benefits 43K USD -21.8%
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.81M USD +6820%
Operating Lease, Payments -3K USD -100%
Additional Paid in Capital 16.2M USD -1.89%
Amortization of Intangible Assets 381K USD
Depreciation, Depletion and Amortization 16K USD -23.8%
Share-based Payment Arrangement, Expense 39K USD -57.1%