COMSovereign Holding Corp. financial data

Symbol
COMS on OTC
Industry
Communications Equipment, NEC
Location
6890 E. Sunrise Drive, Suite 120 506, Tucson, AZ
State of incorporation
NV
Fiscal year end
December 31
Former names
DRONE AVIATION HOLDING CORP. (to 12/4/2019), MACROSOLVE INC (to 5/5/2014)
Latest financial report
10-Q - Q3 2023 - Jan 9, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 41.7 % -49.9%
Quick Ratio 14.3 % -65.6%
Debt-to-equity -237 % -281%
Return On Assets -207 % +2.23%
Operating Margin -1.63K % -302%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 2.7M shares -98.9%
Common Stock, Shares, Outstanding 2.7M shares +152%
Entity Public Float 11.8M USD -90%
Common Stock, Value, Issued 9K USD -47.1%
Weighted Average Number of Shares Outstanding, Basic 2.7M shares +179%
Weighted Average Number of Shares Outstanding, Diluted 2.7M shares +179%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 6.17M USD -33.3%
Research and Development Expense 724K USD -64.2%
Selling and Marketing Expense 49K USD -92%
General and Administrative Expense 8.64M USD -54.4%
Operating Income (Loss) -1.01M USD -46.4%
Nonoperating Income (Expense) -415K USD +67.2%
Net Income (Loss) Attributable to Parent -45.9M USD +70.4%
Earnings Per Share, Basic -2.24 USD/shares -152%
Earnings Per Share, Diluted -0.45 USD/shares -181%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.04M USD +280%
Accounts Receivable, after Allowance for Credit Loss, Current 2.8M USD +44.1%
Inventory, Net 3.77M USD -46.3%
Other Assets, Current 160K USD -54.8%
Assets, Current 10.7M USD -31.2%
Property, Plant and Equipment, Net 268K USD -79.4%
Operating Lease, Right-of-Use Asset 258K USD -78.2%
Intangible Assets, Net (Excluding Goodwill) 1.13M USD -82.4%
Goodwill 6.61M USD -78%
Assets 20.3M USD -64.2%
Accounts Payable, Current 3.62M USD -29.6%
Accrued Liabilities, Current 4.14M USD +103%
Contract with Customer, Liability, Current 1.44M USD -64.5%
Liabilities, Current 28.1M USD +7.52%
Contract with Customer, Liability, Noncurrent 54K USD -54.2%
Operating Lease, Liability, Noncurrent 9.38M USD -11.4%
Liabilities 37.7M USD -10.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax 23K USD 0%
Retained Earnings (Accumulated Deficit) -303M USD -17.8%
Stockholders' Equity Attributable to Parent -17.5M USD -221%
Liabilities and Equity 20.3M USD -64.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 589K USD
Net Cash Provided by (Used in) Financing Activities 170K USD
Net Cash Provided by (Used in) Investing Activities 436K USD -97.1%
Common Stock, Shares Authorized 300M shares 0%
Common Stock, Shares, Issued 2.7M shares +152%
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 1.2M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2.04M USD +257%
Interest Paid, Excluding Capitalized Interest, Operating Activities 76K USD -27.6%
Deferred Tax Assets, Gross 44M USD +23.1%
Operating Lease, Liability 11.3M USD -2.37%
Depreciation 36K USD -89.9%
Payments to Acquire Property, Plant, and Equipment 193K USD -90.3%
Property, Plant and Equipment, Gross 1.55M USD
Operating Lease, Liability, Current 1.92M USD +93.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 10.1M USD
Deferred Tax Assets, Operating Loss Carryforwards 32.3M USD +10.4%
Preferred Stock, Shares Authorized 100M shares
Additional Paid in Capital 286M USD +5.15%
Amortization of Intangible Assets 200K USD -93.8%
Deferred Tax Assets, Net of Valuation Allowance 43.8M USD +44.1%
Share-based Payment Arrangement, Expense 0 USD
Interest Expense 2.23M USD -44.7%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares