CPI Card Group Inc

For the period ended Dec 31, 2023. Filed Mar 7, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Mar 7, 2024

PMTS$23.28-4.4%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets

(in thousands, except share and per share amounts)


· · December 31,
	2023		2022
Assets
Current assets:
Cash and cash equivalents		$12,413		$11,037
Accounts receivable, net		73,724		80,583
Inventories, net		70,594		68,399
Prepaid expenses and other current assets		8,647		7,551
Total current assets		165,378		167,570
Plant, equipment, leasehold improvements and operating lease right-of-use assets, net		63,053		57,178
Intangible assets, net		14,122		17,988
Goodwill		47,150		47,150
Other assets		3,980		6,780
Total assets		$293,683		$296,666
Liabilities and stockholders’ deficit
Current liabilities:
Accounts payable		$12,802		$24,371
Accrued expenses		35,803		40,070
Deferred revenue and customer deposits		840		3,571
Total current liabilities		49,445		68,012
Long-term debt		264,997		285,522
Deferred income taxes		7,139		6,808
Other long-term liabilities		24,038		18,401
Total liabilities		345,619		378,743
Commitments and contingencies (Note 14)
Series A Preferred Stock; $0.001 par value—100,000 shares authorized; 0 shares issued and outstanding at December 31, 2023 and 2022		—		—
Stockholders’ deficit:
Common Stock; $0.001 par value—100,000,000 shares authorized; 11,446,155 and 11,390,355 shares issued and outstanding at December 31, 2023 and 2022, respectively		11		11
Capital deficiency		(102,223)		(108,379)
Accumulated earnings		50,276		26,291
Total stockholders’ deficit		(51,936)		(82,077)
Total liabilities and stockholders’ deficit		$293,683		$296,666

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.