Overview
- IndustryServices-Equipment Rental & Leasing, NEC1
- HeadquartersSan Francisco, California1
- Incorporated inCA2
- Business addressThe Transamerica Pyramid, 600 Montgomery Street, 9Th Floor, San Francisco, Ca 941112
- Filer categoryNon-accelerated filer, Smaller reporting company2
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ATEL 16, LLC (the “Company” or the “Fund”) was formed under the laws of the state of California on December 27, 2012 (“Date of Inception”) for the purpose of equipment financing and acquiring equipment to engage in equipment leasing and sales activities. The Managing Member of the Company is ATEL Managing Member, LLC (the “Managing Member” or “Manager”), a Nevada limited liability company. The Managing Member is controlled by ATEL Financial Services, LLC (“AFS”), a wholly-owned subsidiary of ATEL Capital Group. The Fund may continue until terminated as provided in the ATEL 16, LLC Limited Liability Company Operating Agreement dated November 1, 2013 (the “Operating Agreement”). Contributions in the amount of $500 were received as of December 31, 2012, which represented the initial member’s capital investment. As a limited liability company, the liability of any individual member for the o…3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2024
Where the money goes
Where each dollar of revenue went, fiscal 2024
- Other costs93¢$2.1M
- Profit7¢$162.0K
Out of $2.2M in revenue.4
Where each dollar of operating cash went, fiscal 2024
- Kept or used elsewhere100¢$1.2M
Out of $1.2M of cash from operations.4
Financial statements
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | $7.0M5 | $5.2M6 | $3.9M7 | $3.2M8 | $3.9M9 | $2.3M4 | $2.2M4 |
| Cost of revenue | $103.0K13 | ||||||
| Operating expenses | $3.6M8 | $3.5M9 | $2.3M4 | $2.1M4 | |||
| Operating income | $471.0K6 | -$804.0K7 | -$441.0K8 | $374.0K9 | -$20.0K4 | $131.0K4 | |
| Interest | $149.0K5 | $227.0K6 | $167.0K6 | ||||
| Net income | $165.0K5 | $881.0K6 | $44.0K7 | -$857.0K8 | $88.0K9 | -$61.0K4 | $162.0K4 |
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Cash | $4.4M13 | $8.0M7 | $3.6M8 | $4.8M9 | $5.3M4 | $3.2M4 | $1.2M4 |
| Total assets | $27.6M5 | $26.1M6 | $21.2M7 | $16.2M8 | $12.1M9 | $8.7M4 | $5.5M4 |
| Long-term debt | |||||||
| Total liabilities | $5.4M5 | $6.0M6 | $4.0M7 | $2.8M8 | $1.7M9 | $1.3M4 | $976.0K4 |
| Shares outstanding | 4.3M shares14 | 4.3M shares13 | 4.3M shares5 | 4.3M shares6 | 4.3M shares7 | 4.3M shares8 | 4.3M shares9 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
What it owns
What ATEL 16, LLC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Properties, in its own words
The Company does not own or lease any real property, plant or material physical properties other than the equipment held for lease as set forth in Item 1.
Item 2 of the 10-K filed Mar 19, 2025.3
Timeline
Filings
20 filings to the SEC since October 2021: 4 annual reports, 13 quarterly reports, 2 major events, 1 other. The latest 20:
- Apr 3, 202615-12G EDGAR
- Nov 14, 202510-Q EDGAR
- Aug 14, 202510-Q EDGAR
- Jun 6, 20258-K EDGAR
- May 15, 202510-Q EDGAR
- Mar 19, 202510-K EDGAR
- Nov 14, 202410-Q EDGAR
- Aug 14, 202410-Q EDGAR
- May 14, 202410-Q EDGAR
- Mar 21, 202410-K EDGAR
- Nov 14, 202310-Q EDGAR
- Aug 14, 202310-Q EDGAR
- May 15, 202310-Q EDGAR
- Mar 15, 202310-K EDGAR
- Nov 14, 202210-Q EDGAR
- Aug 12, 202210-Q EDGAR
- May 13, 202210-Q EDGAR
- Mar 18, 202210-K EDGAR
- Nov 15, 202110-Q EDGAR
- Nov 8, 20218-K EDGAR
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
SEC filer profile
How ATEL 16, LLC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARATEL 16, LLC1
- CIK0001575048
- Employer ID (EIN)90-09208133
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company3
- Incorporated inCalifornia3
- Fiscal year endsDecember 311
- Industry code (SIC)7359 Services-Equipment Rental & Leasing, NEC1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business addressThe Transamerica Pyramid, 600 Montgomery Street, 9Th Floor, San Francisco, CA 941111
- Phone415-989-88001
- Shares outstanding4,264,386 as of Oct 31, 202512
- Public float$0 as of Jun 30, 20244
- AuditorMoss Adams LLP, San Francisco, CA PCAOB ID 6593
- On EDGAR sinceMay 29, 20131
- Filings74 in all: 10-Q (36), 10-K (12), CORRESP (6), 3 (3), EFFECT (3), S-1/A (3), UPLOAD (3), 8-K (2)1
All 13 form types
POS AM (2), 15-12G (1), 424B3 (1), 8-A12G (1), S-1 (1)
- Latest filingsAnnual report (10-K) Mar 19, 2025
Quarterly report (10-Q) Nov 14, 2025
Latest 8-K (8-K) Jun 6, 2025
Risk factors and legal proceedings
Legal proceedings
In the ordinary course of conducting business, there may be certain claims, suits, and complaints filed against the Company. In the opinion of management, the outcome of such matters, if any, will not have a material impact on the Company’s financial position or results of operations. No material legal proceedings are currently pending against the Company or against any of its assets.
The opening of Item 3, Legal Proceedings.3
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARATEL 16, LLC filings on SEC EDGAR
- 2SEC EDGARATEL 16, LLC filings on SEC EDGAR
- 3
- 4SEC EDGARATEL 16, LLC 10-K for fiscal 2024
- 5SEC EDGARATEL 16, LLC 10-K for fiscal 2018
- 6SEC EDGARATEL 16, LLC 10-K for fiscal 2019
- 7SEC EDGARATEL 16, LLC 10-K for fiscal 2020
- 8SEC EDGARATEL 16, LLC 10-K for fiscal 2021
- 9SEC EDGARATEL 16, LLC 10-K for fiscal 2022
- 10SEC EDGARATEL 16, LLC 10-Q for fiscal 2025
- 11SEC EDGARATEL 16, LLC 10-Q for fiscal 2025
- 12SEC EDGARATEL 16, LLC 10-Q for fiscal 2025
- 13SEC EDGARATEL 16, LLC 10-K for fiscal 2018
- 14SEC EDGARATEL 16, LLC 10-K for fiscal 2018
- 15SEC EDGARChange of auditor
- 16SEC EDGARExecutive or director change