IPASS INC company info

CIK 1053374
IRS Number 931214598
State of incorporation DE
Business address 3800 BRIDGE PARKWAY
None
REDWOOD SHORES
CA
94065
Mail address 3800 BRIDGE PARKWAY
None
REDWOOD SHORES
CA
94065

Short summary

IPASS INC is a California company, with head office located at 3800 Bridge Parkway Redwood Shores, California 94065. In 2018 the company owned a total of 16.17 million USD worth of assets, including 14.30 million USD worth of current assets. 2013 was the year when the company amassed the most assets.

IPASS INC Income Statement

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Research and development 14.3613.7914.3713.7313.3211.929.997.287.95
Operating Expenses 160.40144.50129.40121.70
Operating Income (Loss) -14.20-3.50-2.48-3.48-11.20-19.45-14.91-7.35-20.06
Income Tax Expense (Benefit) -0.67-0.190.290.64-0.78-7.100.310.220.19
Net income -13.49-3.10-3.01-4.38-12.316.97-15.49-7.77-20.56

IPASS INC Balance Sheet

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Cash and cash equivalents 33.0832.8526.1025.2625.0241.6726.9516.1410.378.174.91
Accounts Receivable, Net, Current 22.4118.6518.0614.0710.4311.459.448.187.94
Property, Plant and Equipment, Gross 27.0128.7829.3321.0121.3422.3522.1722.34
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 20.9022.5321.9015.7918.5720.4521.1721.33
Intangible Assets, Net (Excluding Goodwill) 0.290.05
Other Assets, Noncurrent 7.185.423.221.040.630.710.710.880.86
Total assets 66.0761.2658.3867.3945.8532.9024.2620.2016.17
Current assets 54.9349.6848.9158.924029.4221.6418.3214.31
Accounts payable 9.837.048.518.486.176.826.916.018.15
Taxes Payable, Current 0.290.28
Total current liabilities 25.9020.3721.2619.4116.1312.9513.1014.5215.39
Long-term Debt 6.847.10
Deferred Revenue, Noncurrent 2.953.132.310.000.280.190.120.030.03
Total liabilities 29.4124.0823.9421.7017.7514.2314.2522.4223.71
Common Stock, Value, Issued 0.060.060.060.070.070.070.070.080.08
Retained Earnings (Accumulated Deficit) -171.76-174.39-181.58-173.60-191.77-202.55-214.80-234.13-239.76
Accumulated Other Comprehensive Income (Loss), Net of Tax

IPASS INC Cash Flow

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Net income -13.49-3.10-3.01-4.38-12.316.97-15.49-7.77-20.56
Depreciation 3.302.302.102.403.202.902.501.60
Amortization of Intangible Assets 1.380.430.240.1700
Depreciation and amortization 4.563.352.262.112.783.332.952.471.59
Deferred Income Tax Expense (Benefit) -0.08-0.21-0.130.12-1.15-7.380.110.01-0.00
Accounts receivable -5.05-1.56-2.37-4.11-1.83-2.82-0.232.63-3.43
Accounts payable -0.59-1.13-5.12-1.142.06-1.64-0.950.412.35
Deferred revenue -0.75-0.390.43-0.37-1.22-0.332-0.071.35
Net Cash Provided by (Used in) Operating Activities 6.271.96-5.473.46-2.43-14.84-13.62-5.48-11.55
Payments to Acquire Property, Plant, and Equipment 2.113.051.854.472.321.320.810.580.81
Net Cash Provided by (Used in) Investing Activities 29.04-0.42-0.75-3.49-1.6025.530.74-0.58-0.81
Proceeds from Issuance of Common Stock 0.200.410.911.571.490.250.193.041.20
Payments for Repurchase of Common Stock 0.825.1300.16000.350
Net Cash Provided by (Used in) Financing Activities -30.42-8.770.911.411.23-0.90-0.641.841.45
Cash and Cash Equivalents, Period Increase (Decrease) 4.90-7.23-5.311.38-2.819.80-13.52-4.22-10.91