GSE SYSTEMS INC financial data

Location
Columbia, MD
Fiscal year end
31 December
Latest financial report
10-Q - Q2 2024 - 14 Aug 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 77% % -21%
Debt-to-equity 389% % 119%
Return On Equity -160% % 1.3%
Return On Assets -33% % 44%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 3,471,677 shares -86%
Common Stock, Shares, Outstanding 3,306,631 shares -87%
Common Stock, Value, Issued $34,000 USD -87%
Weighted Average Number of Shares Outstanding, Basic 3,258,124 shares 35%
Weighted Average Number of Shares Outstanding, Diluted 3,258,124 shares 35%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $44,789,000 USD -2.6%
Research and Development Expense $584,000 USD -6.1%
Operating Income (Loss) $4,482,000 USD 67%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $6,946,000 USD 54%
Income Tax Expense (Benefit) $175,000 USD 264%
Net Income (Loss) Attributable to Parent $7,121,000 USD 52%
Earnings Per Share, Basic -2 USD/shares 72%
Earnings Per Share, Diluted -2 USD/shares 72%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $1,254,000 USD -29%
Accounts Receivable, after Allowance for Credit Loss, Current $9,391,000 USD -7.8%
Assets, Current $11,577,000 USD -13%
Property, Plant and Equipment, Net $650,000 USD -4.7%
Operating Lease, Right-of-Use Asset $297,000 USD -51%
Intangible Assets, Net (Excluding Goodwill) $997,000 USD -29%
Goodwill $4,908,000 USD -22%
Other Assets, Noncurrent $45,000 USD 7.1%
Assets $20,321,000 USD -15%
Accounts Payable, Current $2,388,000 USD 39%
Employee-related Liabilities, Current $2,146,000 USD 17%
Accrued Liabilities, Current $1,768,000 USD -29%
Contract with Customer, Liability, Current $4,974,000 USD 58%
Liabilities, Current $17,166,000 USD 20%
Operating Lease, Liability, Noncurrent $301,000 USD -16%
Other Liabilities, Noncurrent $80,000 USD -63%
Liabilities $17,547,000 USD 6.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax $40,000 USD -39%
Retained Earnings (Accumulated Deficit) $81,554,000 USD -9.6%
Stockholders' Equity Attributable to Parent $2,774,000 USD -63%
Liabilities and Equity $20,321,000 USD -15%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $387,000 USD 54%
Net Cash Provided by (Used in) Financing Activities $427,000 USD 31%
Net Cash Provided by (Used in) Investing Activities $52,000 USD 32%
Common Stock, Shares Authorized 60,000,000 shares 0%
Common Stock, Shares, Issued 3,466,522 shares -87%
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 $888,000 USD 42%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $2,719,000 USD -19%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Operating Lease, Liability $515,000 USD 24%
Depreciation $192,000 USD -26%
Payments to Acquire Property, Plant, and Equipment $3,000 USD
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $7,147,000 USD 52%
Lessee, Operating Lease, Liability, to be Paid $575,000 USD 34%
Property, Plant and Equipment, Gross $6,320,000 USD 2.7%
Operating Lease, Liability, Current $193,000 USD -37%
Lessee, Operating Lease, Liability, to be Paid, Year Two $96,000 USD 860%
Lessee, Operating Lease, Liability, to be Paid, Year One $150,000 USD -0.66%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 20%
Deferred Income Tax Expense (Benefit) $1,000 USD -150%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $60,000 USD 329%
Lessee, Operating Lease, Liability, to be Paid, Year Three $89,000 USD 2867%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 2,000,000 shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four $60,000 USD
Operating Lease, Payments $88,000 USD -48%
Additional Paid in Capital $87,253,000 USD 3.1%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets $398,000 USD -41%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%