Inseego Corp. financial data

Symbol
INSG on Nasdaq
Industry
Communications Equipment, NEC
Location
9710 Scranton Road, Suite 200, San Diego, CA
Fiscal year end
December 31
Former names
NOVATEL WIRELESS INC (to 11/8/2016)
Latest financial report
10-Q - Q2 2024 - Aug 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 67.2 % -51.2%
Quick Ratio 20.2 % -65.9%
Debt-to-equity -232 % +32.3%
Return On Equity 61.1 % -62.2%
Return On Assets -30.6 % +5.09%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 12.3M shares -89.5%
Common Stock, Shares, Outstanding 11.9M shares -89.8%
Entity Public Float 56.6M USD -63%
Common Stock, Value, Issued 12K USD -89.7%
Weighted Average Number of Shares Outstanding, Basic 11.9M shares +7.08%
Weighted Average Number of Shares Outstanding, Diluted 11.9M shares +7.08%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 195M USD -13.7%
Cost of Revenue 36.1M USD +4.18%
Research and Development Expense 22M USD +36.2%
Selling and Marketing Expense 19.6M USD -28.8%
General and Administrative Expense 20.4M USD -11.4%
Operating Income (Loss) -28.8M USD +12.8%
Nonoperating Income (Expense) -3.47M USD +8.52%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 930K USD
Income Tax Expense (Benefit) 813K USD +4.9%
Net Income (Loss) Attributable to Parent 624K USD
Earnings Per Share, Basic -3.73 USD/shares +48.8%
Earnings Per Share, Diluted -3.73 USD/shares +48.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 49M USD +223%
Accounts Receivable, after Allowance for Credit Loss, Current 20.7M USD -17.8%
Inventory, Net 18M USD -41%
Assets, Current 93.1M USD +18.7%
Property, Plant and Equipment, Net 2.76M USD -48.8%
Operating Lease, Right-of-Use Asset 4.7M USD -24.5%
Intangible Assets, Net (Excluding Goodwill) 22.6M USD -39.3%
Goodwill 21.9M USD 0%
Other Assets, Noncurrent 382K USD -15.3%
Assets 150M USD -2.68%
Accounts Payable, Current 30.7M USD -10.2%
Employee-related Liabilities, Current 6.83M USD +42.6%
Accrued Liabilities, Current 37M USD +73.4%
Contract with Customer, Liability, Current 0 USD -100%
Liabilities, Current 239M USD +330%
Contract with Customer, Liability, Noncurrent 6.98M USD
Deferred Income Tax Liabilities, Net 697K USD +150%
Operating Lease, Liability, Noncurrent 4.39M USD -20.1%
Other Liabilities, Noncurrent 7.13M USD +2.71%
Liabilities 251M USD +11.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax -5.42M USD +20.9%
Retained Earnings (Accumulated Deficit) -912M USD -4.96%
Stockholders' Equity Attributable to Parent -102M USD -43.7%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -102M USD -43.7%
Liabilities and Equity 150M USD -2.68%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 4.55M USD -40.6%
Net Cash Provided by (Used in) Financing Activities 583K USD
Net Cash Provided by (Used in) Investing Activities -577K USD +77%
Common Stock, Shares Authorized 150M shares 0%
Common Stock, Shares, Issued 11.9M shares -89.8%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 4.78M USD +210%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 49M USD +223%
Interest Paid, Excluding Capitalized Interest, Operating Activities 147K USD +25.6%
Deferred Tax Assets, Valuation Allowance 155M USD +6.69%
Deferred Tax Assets, Gross 159M USD +3.69%
Operating Lease, Liability 6.72M USD -12.3%
Payments to Acquire Property, Plant, and Equipment 0 USD -100%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -38.5M USD +8.6%
Lessee, Operating Lease, Liability, to be Paid 8.14M USD -11.9%
Property, Plant and Equipment, Gross 31.7M USD +0.76%
Operating Lease, Liability, Current 1.58M USD -21.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.9M USD -13.6%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.21M USD -10.2%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure 0%
Deferred Income Tax Expense (Benefit) -5K USD -105%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.42M USD -10.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.88M USD +6.52%
Preferred Stock, Shares Authorized 2M shares 0%
Unrecognized Tax Benefits 12.6M USD -70.5%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.28M USD -24.5%
Operating Lease, Payments 2.37M USD -3.86%
Additional Paid in Capital 816M USD +1.34%
Depreciation, Depletion and Amortization 4.38M USD -19.4%
Deferred Tax Assets, Net of Valuation Allowance 3.35M USD -55%
Share-based Payment Arrangement, Expense 5.27M USD -35.4%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%