Flexpoint Sensor Systems Inc financial data

Symbol
FLXT on OTC
Industry
Measuring & Controlling Devices, NEC
Location
5718 West Dannon Way, Suite B, West Jordan, UT
State of incorporation
DE
Fiscal year end
December 31
Former names
MICROPOINT INC (to 5/3/1999), NANOTECH CORP (to 2/17/1998)
Latest financial report
10-K - Q4 2023 - Apr 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 0.65 %
Debt-to-equity 876 %
Return On Equity -148 % -146%
Return On Assets -15.2 %
Operating Margin -634 % -31.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 126M shares 0%
Common Stock, Shares, Outstanding 126M shares 0%
Entity Public Float 2.13M USD -39%
Common Stock, Value, Issued 126K USD 0%
Weighted Average Number of Shares Outstanding, Basic 126M shares +1.84%
Weighted Average Number of Shares Outstanding, Diluted 126M shares +1.84%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 106K USD -30.1%
Research and Development Expense 224K USD +0.13%
Operating Income (Loss) -670K USD +8.06%
Nonoperating Income (Expense) -114K USD -51.5%
Net Income (Loss) Attributable to Parent -785K USD +2.47%
Earnings Per Share, Basic -0.06 USD/shares 0%
Earnings Per Share, Diluted -0.06 USD/shares 0%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 44.4K USD +120%
Assets, Current 51K USD +75.5%
Operating Lease, Right-of-Use Asset 262K USD +3.02%
Goodwill 4.9M USD 0%
Assets 5.22M USD +0.57%
Accrued Liabilities, Current 2.78M USD +15%
Liabilities, Current 4.77M USD +20.4%
Operating Lease, Liability, Noncurrent 204K USD +3.03%
Liabilities 4.97M USD +19.6%
Retained Earnings (Accumulated Deficit) -31.7M USD -2.54%
Stockholders' Equity Attributable to Parent 254K USD -75.5%
Liabilities and Equity 5.22M USD +0.57%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -144K USD -4.48%
Net Cash Provided by (Used in) Financing Activities 144K USD +4.78%
Common Stock, Shares Authorized 200M shares 0%
Common Stock, Shares, Issued 126M shares 0%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Deferred Tax Assets, Valuation Allowance 11.2M USD +1.49%
Deferred Tax Assets, Gross 11.2M USD +1.49%
Operating Lease, Liability 263K USD +33%
Lessee, Operating Lease, Liability, to be Paid 317K USD
Property, Plant and Equipment, Gross 597K USD 0%
Operating Lease, Liability, Current 59.4K USD +2.99%
Lessee, Operating Lease, Liability, to be Paid, Year Two 85.6K USD +2.99%
Lessee, Operating Lease, Liability, to be Paid, Year One 83.1K USD +3%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 53.3K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 88.2K USD +2.99%
Deferred Tax Assets, Operating Loss Carryforwards 9.39M USD +1.79%
Preferred Stock, Shares Authorized 1M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 59.9K USD +3.15%
Additional Paid in Capital 31.8M USD 0%
Interest Expense 116K USD +51.5%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%