SGN (SGN)
Signing Day Sports, Inc.
AMEX:SGNTechnology · Software - Application
Mkt Cap-
Float3.6M
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$616K
Net Income-$8.73M
Total Assets$1.11M
Free Cash Flow-$3.08M
Debt & Equity
Total Debt$575K
Total Equity-$2.21M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
2-year cumulative
1:48
Nasdaq bars a compliance period at 1:250
- 1:48Reverse splitNov 18, 202448 shares → 1
Balance Sheet Details
Assets$1.11M
Liabilities$3.32M
Accounts Receivable$75K
Accounts Payable$2.25M
Inventory$0
PP&E (Net)$143K
Goodwill$0
Intangible Assets$668K
Income Statement
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Currency | USD | USD | USD | USD |
| Period Ending | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Revenue | $616K | $308K | $78K | $341K |
| YoY Growth | 100.1% | 292.6% | -77.0% | - |
| Cost of Revenue | $201K | $40K | $783K | $504K |
| Gross Profit | $415K | $267K | -$705K | -$163K |
| Gross Margin | 67.4% | 86.9% | -899.6% | -47.9% |
| Research and Development | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $7.91M | $5.02M | $5.69M | $6.13M |
| Other | $0 | $0 | $0 | $2.28M |
| Total Operating Expenses | $7.91M | $5.02M | $5.69M | $8.41M |
| Operating Income (EBIT) | -$7.49M | -$4.75M | -$6.39M | -$8.57M |
| Operating Margin | -1217.4% | -1543.7% | -8161.7% | -2514.0% |
| Interest Expense | $788K | $857K | $598K | $79K |
| Interest Income | $13K | $0 | $1K | $1K |
| Other Income (Expense) | -$1.23M | -$730K | -$280K | -$232K |
| Income Before Tax (EBT) | -$8.73M | -$5.48M | -$6.67M | -$8.8M |
| Income Tax Expense | $0 | $0 | $0 | $0 |
| Net Income | -$8.73M | -$5.48M | -$6.67M | -$8.8M |
| Net Income Margin | -1417.6% | -1781.1% | -8519.5% | -2582.0% |
| Supplementary Data | ||||
| EPS | -20.44 | -20.67 | -25.19 | -33.23 |
| Diluted EPS | -20.44 | -20.67 | -25.19 | -33.23 |
| Weighted Average OS | 426,931 | 264,971 | 264,971 | 264,971 |
| EBITDA | -$7.71M | -$4.44M | -$6.07M | -$8.35M |
| EBITDA Margin | -1251.9% | -1442.8% | -7746.3% | -2449.6% |
Balance Sheet
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Currency | USD | USD | USD | USD |
| Period Ending | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Assets | ||||
| Current Assets | ||||
| Cash and Cash Equivalents | $181K | $1.12M | $254K | $4.69M |
| Short-Term Investments | $0 | $2.11M | $0 | $0 |
| Cash and Short-Term Investments | $181K | $3.23M | $254K | $4.69M |
| Accounts Receivable | $75K | $59K | $16K | $5K |
| Inventory | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $69K | $17K | $0 |
| Total Current Assets | $280K | $3.49M | $301K | $4.86M |
| Long-Term Assets | ||||
| Property, Plant & Equipment Net | $143K | $214K | $10K | $12K |
| Goodwill | $0 | $0 | $0 | $0 |
| Intangible Assets | $668K | $916K | $35K | $0 |
| Long-Term Investments | $11 | $11 | $0 | $0 |
| Deferred Tax Assets | $0 | $65K | $100K | $0 |
| Other Long-Term Assets | $24K | $24K | $8K | $49K |
| Total Long-Term Assets | $835K | $1.22M | $153K | $61K |
| Other Assets | $0 | -$10 | $0 | $0 |
| Total Assets | $1.11M | $4.7M | $454K | $4.92M |
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts Payable | $2.25M | $805K | $614K | $183K |
| Short-Term Debt | $431K | $1.54M | $1.44M | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $2K | $4K | $44K | $67K |
| Other Current Liabilities | $35K | $0 | $20K | $42K |
| Total Current Liabilities | $3.27M | $2.82M | $2.64M | $533K |
| Long-Term Liabilities | ||||
| Long-Term Debt | $0 | $0 | $5.92M | $7.94M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $55K | $144K | $5.92M | $7.94M |
| Other Liabilities | $0 | $0 | $0 | $0 |
| Total Liabilities | $3.32M | $2.96M | $8.56M | $8.48M |
| Stockholders' Equity | ||||
| Preferred Stock | $0 | $0 | $0 | $0 |
| Common Stock | $92 | $1K | $809 | $750 |
| Retained Earnings | -$25.68M | -$16.96M | -$11.48M | -$4.81M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $23.48M | $18.7M | $3.38M | $1.25M |
| Total Equity | -$2.21M | $1.74M | -$8.1M | -$3.56M |
| Minority Interest | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.11M | $4.7M | $454K | $4.92M |
| Supplementary Data | ||||
| Total Debt | $575K | $1.77M | $7.37M | $7.99M |
| Net Debt | $394K | $648K | $7.11M | $3.3M |
Cash Flow Statement
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Currency | USD | USD | USD | USD |
| Period Ending | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Operating Activities | ||||
| Net Income | -$8.73M | -$5.48M | -$6.67M | -$8.8M |
| Depreciation & Amortization | $232K | $184K | $8K | $373K |
| Deferred Income Tax | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $1.22M | $548K | $152K | $0 |
| Changes in Working Capital: | ||||
| Accounts Receivable | -$16K | -$43K | -$17K | -$5K |
| Inventory | $0 | $0 | $0 | $0 |
| Accounts Payable | $1.66M | $58K | $746K | $378K |
| Other Working Capital | $228K | -$198K | $98K | -$127K |
| Total Working Capital Change | $1.87M | -$183K | $827K | $247K |
| Other Non-Cash Items | $2.34M | $82K | $758K | $2.46M |
| Net Cash from Operating | -$3.07M | -$4.85M | -$4.93M | -$5.73M |
| Investing Activities | ||||
| Capital Expenditures | -$16K | -$6K | -$855K | -$1.09M |
| Acquisitions | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | -$2.11M | $0 | $0 |
| Sales of Investments | $2.11M | $0 | $0 | $0 |
| Other Investing Activities | $25K | -$1.06M | $0 | $0 |
| Net Cash from Investing | $2.12M | -$3.18M | -$855K | -$1.09M |
| Financing Activities | ||||
| Debt Repaid | -$359K | -$3.18M | -$1.35M | -$8.29M |
| Common Stock Issuance | $522K | $6M | $0 | $3.44M |
| Common Stock Repurchases | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | -$800K | $0 | -$750K |
| Other Financing Activities | $237K | -$1.02M | $0 | $3.12M |
| Net Cash from Financing | $6K | $8.9M | -$3.08M | $14.09M |
| Forex Effect | $0 | $0 | $4.43M | -$2.59M |
| Net Change in Cash | -$942K | $869K | -$4.43M | $4.69M |
| Supplementary Data | ||||
| Operating Cash Flow | -$3.07M | -$4.85M | -$4.93M | -$5.73M |
| Capital Expenditure | -$16K | -$1.07M | -$855K | -$1.09M |
| Free Cash Flow | -$3.08M | -$5.92M | -$5.78M | -$6.82M |
| Cash at Beginning | $1.12M | $254K | $4.69M | $1.05M |
| Cash at End | $181K | $1.12M | $254K | $4.69M |