Information Services Group Inc

For the period ended Dec 31, 2023. Filed Mar 8, 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 8, 2024

III$6.13+1.7%Stored close · as of Nov 10, 2026

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

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Contents

Consolidated Balance Sheets as of December 31, 2023 and

CONSOLIDATED BALANCE SHEET****S

(In thousands, except par value)


· · December 31, · · December 31, ·
· 2023 · 2022
ASSETS
Current assets
Cash and cash equivalents	$22,636	$30,587
Accounts receivable and contract assets, net of allowance of $5,288 and $272, respectively	82,117	80,170
Prepaid expenses and other current assets	8,091	4,724
Total current assets	112,844	115,481
Restricted cash	173	83
Furniture, fixtures and equipment, net	6,446	5,929
Right-of-use lease assets	7,473	6,780
Goodwill	97,232	94,972
Intangible assets, net	12,615	14,380
Deferred tax assets	4,775	2,818
Other assets	5,787	2,585
Total assets	$247,345	$243,028
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities
Accounts payable	$11,302	$15,925
Current maturities of long-term debt	—	4,300
Contract liabilities	9,521	7,058
Accrued expenses and other current liabilities	25,451	23,908
Total current liabilities	46,274	51,191
Long-term debt, net of current maturities	79,175	74,416
Deferred tax liabilities	2,384	2,391
Operating lease liabilities	5,287	4,857
Other liabilities	12,143	9,742
Total liabilities	145,263	142,597
Commitments and contingencies (Note 13)
Stockholders’ equity
Preferred stock, $0.001 par value; 10,000 shares authorized; none issued	—	—
Common stock, $0.001 par value; 100,000 shares authorized; 49,472 shares issued and 48,653 outstanding at December 31, 2023 and 49,472 shares issued and 48,300 outstanding at December 31, 2022	49	49
Additional paid-in capital	217,684	226,293
Treasury stock (819 and 1,172 common shares, respectively, at cost)	(3,959)	(7,487)
Accumulated other comprehensive loss	(8,989)	(9,677)
Accumulated deficit	(102,703)	(108,747)
Total stockholders’ equity	102,082	100,431
Total liabilities and stockholders’ equity	$247,345	$243,028

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.