Appgate, Inc. financial data

Industry
Services-Prepackaged Software
Location
2 Alhambra Plaza, Suite Ph 1 B, Coral Gables, FL
State of incorporation
DE
Fiscal year end
December 31
Former names
NEWTOWN LANE MARKETING INC (to 10/7/2021)
Latest financial report
10-Q - Q3 2023 - Nov 14, 2023

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity -386 % +48.7%
Return On Equity 442 % +3133%
Return On Assets -67.8 % -1180%
Operating Margin -81.5 % +56%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 132M shares
Common Stock, Shares, Outstanding 132M shares 0%
Entity Public Float 40.1M USD -11.1%
Common Stock, Value, Issued 132K USD 0%
Weighted Average Number of Shares Outstanding, Basic 132M shares 0%
Weighted Average Number of Shares Outstanding, Diluted 173M shares +21.4%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 43.9M USD -2.89%
Cost of Revenue 18.5M USD -17%
Research and Development Expense 11.3M USD -16.2%
Selling and Marketing Expense 23.4M USD -52.8%
General and Administrative Expense 21.2M USD -34.3%
Operating Income (Loss) -35.8M USD +57.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 48.9M USD
Income Tax Expense (Benefit) 864K USD -63.2%
Net Income (Loss) Attributable to Parent 7.7M USD
Earnings Per Share, Basic 0.49 USD/shares +2350%
Earnings Per Share, Diluted 0 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 3.58M USD -66.6%
Accounts Receivable, after Allowance for Credit Loss, Current 8.05M USD +5.9%
Deferred Income Tax Assets, Net 1.29M USD +288%
Property, Plant and Equipment, Net 1.16M USD -34.5%
Operating Lease, Right-of-Use Asset 1.3M USD -32.6%
Intangible Assets, Net (Excluding Goodwill) 20.5M USD -28.1%
Goodwill 71.6M USD 0%
Other Assets, Noncurrent 172K USD -23.2%
Assets 124M USD -12.5%
Accounts Payable, Current 4.18M USD +12%
Accrued Liabilities, Current 7.38M USD -27.7%
Contract with Customer, Liability, Current 5.97M USD +0.59%
Liabilities, Current 18.1M USD -68.8%
Contract with Customer, Liability, Noncurrent 1.08M USD +14%
Operating Lease, Liability, Noncurrent 886K USD -41.1%
Liabilities 162M USD +12.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax -3.42M USD -39%
Retained Earnings (Accumulated Deficit) -559M USD -7.35%
Stockholders' Equity Attributable to Parent -38.1M USD -1410%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -6.05M USD +57.7%
Net Cash Provided by (Used in) Financing Activities 2M USD
Net Cash Provided by (Used in) Investing Activities -38K USD +90.9%
Common Stock, Shares Authorized 270M shares 0%
Common Stock, Shares, Issued 132M shares 0%
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 -3.75M USD +74.6%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 4.2M USD -65.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD -100%
Deferred Tax Assets, Valuation Allowance 52.3M USD +47.2%
Deferred Tax Assets, Gross 60.4M USD +32.8%
Operating Lease, Liability 1.47M USD -31.5%
Payments to Acquire Property, Plant, and Equipment 38K USD -90.9%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -39.2M USD +61.9%
Lessee, Operating Lease, Liability, to be Paid 1.58M USD -28.8%
Property, Plant and Equipment, Gross 8.05M USD +4.45%
Operating Lease, Liability, Current 586K USD -9.15%
Lessee, Operating Lease, Liability, to be Paid, Year Two 519K USD -3.89%
Lessee, Operating Lease, Liability, to be Paid, Year One 546K USD -10.2%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 112K USD +47.4%
Lessee, Operating Lease, Liability, to be Paid, Year Three 354K USD -30.9%
Deferred Tax Assets, Operating Loss Carryforwards 56.3M USD +27.5%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 27K USD -92.4%
Operating Lease, Payments 200K USD 0%
Additional Paid in Capital 524M USD +0.7%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 8.1M USD -5.81%
Share-based Payment Arrangement, Expense 84K USD -90%
Interest Expense 5.38M USD +67.3%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%