Converge Technology Solutions Corp.
CTSDF · OTC
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Assets | – | – | – | – |
| Cash & Equivalents | $142,455 | $169,872 | $159,890 | $248,193 |
| Short-Term Investments | $0 | $0 | $0 | $0 |
| Receivables | $1,000,573 | $814,231 | $781,683 | $416,499 |
| Inventory | $62,938 | $73,166 | $158,430 | $104,254 |
| Other Curr. Assets | $31,006 | $27,622 | $28,276 | $11,762 |
| Total Curr. Assets | $1,236,972 | $1,084,344 | $1,128,279 | $780,708 |
| Property Plant & Equip (Net) | $69,696 | $75,488 | $88,352 | $30,642 |
| Goodwill | $404,711 | $564,770 | $563,848 | $323,284 |
| Intangibles | $265,882 | $375,181 | $463,751 | $233,586 |
| Long-Term Investments | $4,795 | $0 | $0 | $0 |
| Tax Assets | $0 | $0 | $0 | $0 |
| Other NC Assets | $204,208 | $53,579 | $4,646 | $617 |
| Total NC Assets | $949,292 | $1,069,018 | $1,120,597 | $588,129 |
| Other Assets | $0 | $0 | $0 | $0 |
| Total Assets | $2,186,264 | $2,153,362 | $2,248,876 | $1,368,837 |
| Liabilities | – | – | – | – |
| Payables | $1,202,943 | $913,994 | $824,924 | $519,434 |
| Short-Term Debt | $639 | $456 | $437,528 | $816 |
| Tax Payable | $0 | $9,286 | $7,112 | $13,977 |
| Deferred Revenue | $81,109 | $59,325 | $60,210 | $27,581 |
| Other Curr. Liab. | $39,882 | $54,058 | $108,132 | $29,407 |
| Total Curr. Liab. | $1,324,573 | $1,038,364 | $1,437,906 | $591,215 |
| LT Debt | $255,464 | $414,695 | $37,842 | $412 |
| Deferred Rev, NC | $0 | $0 | -$39,490 | $0 |
| Deferred Tax Liab, NC | $28,804 | $67,168 | $102,977 | $43,086 |
| Other NC Liab. | $218,688 | $20,980 | $39,341 | $85,296 |
| Total NC Liab. | $502,956 | $502,843 | $180,160 | $128,794 |
| Other Liabilities | $0 | $0 | $0 | $0 |
| Cap. Leases | $0 | $35,443 | $53,642 | $0 |
| Total Liabilities | $1,827,529 | $1,541,207 | $1,618,066 | $720,009 |
| Equity | – | – | – | – |
| Pref Stock | $0 | $0 | $0 | $0 |
| Common Stock | $555,521 | $599,434 | $595,019 | $633,489 |
| Retained Earnings | -$241,921 | -$28,167 | -$18,441 | -$25,050 |
| AOCI | $28,603 | $3,963 | $13,708 | $329 |
| Other Equity | $16,532 | $10,970 | $7,919 | $2,325 |
| Total Equity | $358,735 | $586,200 | $599,910 | $613,489 |
| Supplemental Information | – | – | – | – |
| Minority Interest | $0 | $25,955 | $30,900 | $35,339 |
| Total Liab. & Tot. Equity | $2,186,264 | $2,153,362 | $2,248,876 | $1,368,837 |
| Net Debt | $113,648 | $245,279 | $315,480 | -$246,965 |