MITEK SYSTEMS INC company info

CIK 807863
IRS Number 870418827
State of incorporation DE
Business address 600 B STREET
SUITE 100
SAN DIEGO
CA
92101
Mail address 600 B STREET
SUITE 100
SAN DIEGO
CA
92101

Short summary

MITEK SYSTEMS INC is a California company, with head office located at 600 B Street San Diego, California 92101. The company achieved a record breaking net income last year - 14.09 million USD. This is 619.35% higher than one reported in 2016. In 2017 the company owned a total of 124.12 million USD worth of assets, including 34.70 million USD worth of current assets. The company amassed the most assets last year, totalling up to 124.12 million USD.

MITEK SYSTEMS INC Income Statement

Name [in Millions USD]200920102011201220132014201520162017Trends
Research and development 2.003.006.666.796.025.587.7910.43
Operating Income (Loss) -0.380.26-7.88-7.30-5.411.891.822.77
Other Nonoperating Income (Expense) -0.30-0.380.040.020.12
Income Tax Expense (Benefit) 0.000.00-0.000.000.00-0.54-0.00-10.92
Net income -0.68-0.13-7.84-7.28-5.292.531.9614.09

MITEK SYSTEMS INC Balance Sheet

Name [in Millions USD]200920102011201220132014201520162017Trends
Cash and cash equivalents 1.5014.026.1922.959.142.735.019.308.63
Accounts Receivable, Net, Current 1.743.190.572.523.814.616.4112.12
Property, Plant and Equipment, Gross 1.050.882.262.392.512.763.19
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment -0.85-0.460.631.091.532.322.57
Goodwill 2.882.832.9134.05
Intangible Assets, Net (Excluding Goodwill) 3.55
Other Assets, Noncurrent 0.030.040.040.040.090.090.061.68
Total assets 20.0519.6132.2431.1336.9445.9456.54124.12
Current assets 19.7818.7630.6428.0628.5930.9846.0334.70
Accounts payable 0.521.282.341.592.341.111.833.85
Total current liabilities 2.173.706.446.937.778.019.5219.44
Deferred Revenue, Noncurrent 0.360.260.160.090.25
Total liabilities 2.203.777.827.978.788.9710.4029.90
Common Stock, Value, Issued 0.020.030.030.030.030.030.030.04
Retained Earnings (Accumulated Deficit) -15.40-20.45-29.26-36.03-34.46-32.50-30.32-18.88
Accumulated Other Comprehensive Income (Loss), Net of Tax -0.00-0.00-0.000.00-0.01-0.07-0.03-0.23

MITEK SYSTEMS INC Cash Flow

Name [in Millions USD]200920102011201220132014201520162017Trends
Net income -0.68-0.13-7.84-7.28-5.292.531.9614.09
Depreciation and amortization 0.320.500.400.80
Depreciation 0.320.470.430.79
Amortization of Intangible Assets 000.170.600.59
Depreciation and amortization 0.170.180.230.320.470.430.790.32
Accounts payable -0.130.130.351.16-0.08-0.45-0.220.59
Deferred revenue 0.130.040.761.210.290.48-0.07-0.27
Net Cash Provided by (Used in) Operating Activities -0.810.32-1.78-0.626.117.8510.45
Payments to Acquire Property, Plant, and Equipment 0.010.200.341.500.140.070.250.49
Payments to Acquire Businesses, Net of Cash Acquired 5.4200
Net Cash Provided by (Used in) Investing Activities -0.01-10.822.110.57-11.34-3.29-7.78
Net Cash Provided by (Used in) Investing Activities, Continuing Operations 2.110.57-13.11-11.34-3.29
Proceeds from Issuance of Common Stock 0.3514.6016.00
Net Cash Provided by (Used in) Financing Activities 1.4514.850.7216.640.231.730.69
Cash and Cash Equivalents, Period Increase (Decrease) 0.634.351.0516.59-15.53-5.016.263.28