Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2023
Where the money goes
Where each dollar of revenue went, fiscal 2023
- Cost of revenue95¢$86.8M
- Interest1¢$1.2M
- Income tax1¢$1.1M
- Profit3¢$2.5M
Where each dollar of operating cash went, fiscal 2023
- Capital spending20¢$893.0K
- Kept or used elsewhere80¢$3.6M
Out of $4.5M of cash from operations.3
Financial statements
| Fiscal year | 2014 | 2015 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenue | $64.5M5 | $63.4M6 | $65.9M7 | $97.4M3 | $27.0M4 | ||
| Cost of revenue | $50.4M5 | $48.5M6 | $50.6M7 | $74.3M3 | $86.8M3 | ||
| Gross profit | $14.2M5 | $14.8M6 | $15.3M7 | $23.1M3 | $28.8M3 | ||
| Selling, general and admin | $13.3M5 | ||||||
| Operating expenses | $14.9M7 | $18.6M3 | $24.1M3 | ||||
| Operating income | $929.0K5 | $4.0M6 | $398.0K7 | $4.4M3 | $4.8M3 | ||
| Interest | -$867.0K5 | $319.0K6 | $79.0K7 | $56.0K3 | $1.2M3 | ||
| Income before tax | $1.5M7 | $4.4M3 | $3.6M3 | ||||
| Income tax | -$197.0K5 | $1.1M6 | $116.0K7 | $1.3M3 | $1.1M3 | ||
| Net income | $524.0K5 | $2.9M6 | $1.4M7 | $3.1M3 | $2.5M3 | ||
| Earnings per share | $0.426 | $0.207 | $0.433 | $0.333 | |||
| Earnings per share (diluted) | $0.376 | $0.197 | $0.413 | $0.323 | |||
| Shares (weighted, basic) | 6.9M shares7 | 7.3K shares3 | 7.6K shares3 | ||||
| Shares (weighted, diluted) | 7.6M shares7 | 7.6K shares3 | 7.7K shares3 |
| Fiscal year | 2014 | 2015 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash | $1.6M5 | $2.6M6 | $2.0M6 | $2.6M7 | $7.6M3 | $4.3M3 | |
| Receivables | $12.3M7 | $17.1M3 | $23.8M3 | ||||
| Inventory | $2.1M7 | $4.4M3 | $2.1M3 | ||||
| Current assets | $18.4M5 | $21.1M6 | $19.3M7 | $32.3M3 | $34.7M3 | ||
| Property, plant and equipment | $834.0K7 | $1.8M3 | $3.0M3 | ||||
| Goodwill | $8.1M7 | $10.5M3 | $22.1M3 | ||||
| Intangible assets | $3.6M7 | $4.5M3 | $7.8M3 | ||||
| Total assets | $30.3M5 | $39.4M6 | $35.7M7 | $55.6M3 | $75.9M3 | ||
| Accounts payable | $10.3M7 | $19.8M3 | $16.9M3 | ||||
| Short-term debt | $3.0K3 | $1.0M3 | |||||
| Current liabilities | $26.4M5 | $21.8M6 | $18.4M7 | $31.7M3 | $38.7M3 | ||
| Long-term debt | $2.4M5 | $1.4M6 | $146.0K7 | $143.0K3 | $3.6M3 | ||
| Total liabilities | $31.2M5 | $27.5M6 | $21.5M7 | $39.0M3 | $56.4M3 | ||
| Retained earnings | -$25.0M7 | -$21.9M3 | -$19.4M3 | ||||
| Shareholders’ equity | -$913.0K5 | $8.9M6 | $11.9M7 | $14.3M3 | $16.6M3 | $19.5M3 | |
| Shares outstanding | 12.7M shares5 | 12.7M shares5 | 6.8M shares6 | 7.0M shares7 | 7.4M shares3 | 7.7M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2014 | 2015 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $1.2M5 | $4.2M6 | $2.4M7 | $12.3M3 | $4.5M3 | ||
| Depreciation and amortization | $1.4M7 | $500.0K3 | $800.0K3 | ||||
| Stock-based compensation | $1.0M7 | $577.0K3 | $283.0K3 | ||||
| Capital spending | $93.0K6 | $371.0K7 | $1.5M3 | $893.0K3 | |||
| Free cash flow | $4.1M | $2.0M | $10.8M | $3.6M | |||
| Cash from investing | -$541.0K7 | -$6.0M3 | -$13.8M3 | ||||
| Dividends paid | $748.0K5 | ||||||
| Cash from financing | -$1.2M7 | -$1.3M3 | $6.0M3 |
Corporate structure
DecisionPoint Systems, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of DecisionPoint Systems, Inc.
- Steven F. Smith Filed SC 13D on DecisionPoint Systems, Inc., latest Jun 30, 2022
- DecisionPoint Systems, Inc. Delray Beach, Florida
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What DecisionPoint Systems, Inc. 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.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $5.6M3 Dec 31, 2023 | $2.6M3 Dec 31, 2022 | +112.8% |
| Accumulated depreciation | $2.6M3 Dec 31, 2023 | $815.0K3 Dec 31, 2022 | +222.3% |
| Property and equipment, net | $3.0M3 Dec 31, 2023 | $1.8M3 Dec 31, 2022 | +63.6% |
| Operating-lease assets (leased space) | $3.4M3 Dec 31, 2023 | $2.7M3 Dec 31, 2022 | +26.5% |
Investments
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $22.1M3 Dec 31, 2023 | $10.5M3 Dec 31, 2022 | +110.3% |
| Intangible assets, net (excluding goodwill) | $7.8M3 Dec 31, 2023 | $4.5M3 Dec 31, 2022 | +72.5% |
| Finite-lived intangibles, gross | $9.8M7 Dec 31, 2022 | $6.8M7 Dec 31, 2021 | +43.4% |
| Accumulated amortization | -$7.4M3 Dec 31, 2023 | -$5.2M3 Dec 31, 2022 | −41.5% |
| Finite-lived intangibles, net | $7.8M3 Dec 31, 2023 | $4.5M7 Dec 31, 2022 | +72.5% |
| Customer relationships, net | $15.2M3 Dec 31, 2023 | $9.8M3 Dec 31, 2022 | +55.8% |
Inventory
Leadership
Who has led DecisionPoint Systems, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerNicholas R. H. Toms Jan 19, 2012 to Aug 26, 201310
- PresidentNicholas R. H. Toms Jan 19, 2012 to Aug 26, 201310
- Chief financial officerMelinda Wohl Jul 9, 2024 to Jul 9, 202411
- Chief financial officerMichael Patrick Roe Feb 25, 2014 to Feb 10, 201512
- Chief financial officerPaul Ross Oct 26, 2012 to Dec 26, 201213
- Chief financial officerDonald W. Rowley Nov 29, 2011 to Jun 6, 201214
- Chief operating officerRalph Hubregsen Dec 2, 2011 to Jan 3, 201315
Board members and other officers (20)
- SR. VP Operations and SoftwareGreg Alan Henry Dec 30, 2014 to Feb 10, 201516
- Senior Vice PresidentJohn E. Chis Nov 30, 2011 to Nov 30, 201117
- Vice President, FinanceMelinda Wohl Dec 2, 2011 to Jul 17, 202318
- Vice President, FinanceRoy A. Ceccato Dec 2, 2011 to Dec 2, 201119
- Board memberRichard Bravman May 20, 2022 to Jan 25, 202420
- Board memberJames F. Desocio Jan 29, 2015 to Apr 2, 201521
- Board memberJohn C. Guttilla Jan 29, 2015 to Jan 25, 202422
- Board memberMichael N. Taglich Jan 29, 2015 to Jan 25, 202423
- Board memberStanley P. Jaworski Jr. Jan 29, 2015 to Jan 25, 202424
- Board memberPaul Seid Feb 13, 2015 to Apr 2, 201525
- Board memberRobert C. Schroeder Dec 19, 2013 to Apr 2, 201526
- Board memberNicholas R. H. Toms Jan 19, 2012 to Aug 26, 201310
- Board memberDonald Dalicandro Jun 13, 2012 to Oct 3, 201427
- Board memberMaydan Rothblum Jul 21, 2011 to Feb 12, 201328
- Board memberDavid M. Rifkin Nov 28, 2011 to Oct 3, 201429
- Board memberDonald W. Rowley Nov 29, 2011 to Jun 6, 201214
- Board memberJay B. Sheehy Nov 29, 2011 to Oct 3, 201430
- Board memberMarc Ferland Nov 30, 2011 to Oct 3, 201431
- Board memberRobert M. Chaiken Dec 2, 2011 to Feb 6, 201432
- Board memberLawrence Yelin Dec 5, 2011 to Oct 3, 201433
Former names
- Comamtech Inc.Nov 16, 2010 to Jun 22, 20112
Timeline
- Jul 5, 20248-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer34
- Jul 2, 20248-K Shareholder vote35
- Jun 21, 20248-K Other events36
- May 15, 20248-K Results of operations37
- May 1, 20248-K Entered a material agreement; Executive or director change; Bylaws or fiscal year changed38
- Apr 1, 20248-K Results of operations39
- Jan 2, 20248-K Shareholder vote40
- Dec 29, 20238-K Executive or director change41
- Dec 7, 20238-K Other events42
- Nov 14, 20238-K Results of operations43
- Aug 14, 20238-K Results of operations44
- Jul 26, 20238-K Executive or director change45
- Jan 19, 2012New chief executive Nicholas R. H. Toms becomes CEO10
Calendar
When it reported results
- May 15, 2024Reported quarterly or annual results37
- Apr 1, 2024Reported quarterly or annual results39
- Nov 14, 2023Reported quarterly or annual results43
- Aug 14, 2023Reported quarterly or annual results44
- May 15, 2023Reported quarterly or annual results46
- Apr 3, 2023Reported quarterly or annual results47
- Nov 14, 2022Reported quarterly or annual results48
- Aug 15, 2022Reported quarterly or annual results49
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
102 filings to the SEC since October 2021: 5 annual reports, 8 quarterly reports, 26 major events, 42 insider forms, 1 large holders, 20 other. The latest 20:
- Jul 15, 202415-12G EDGAR
- Jul 9, 20244 EDGAR
- Jul 9, 20244 EDGAR
- Jul 9, 20244 EDGAR
- Jul 9, 20244 EDGAR
- Jul 9, 20244 EDGAR
- Jul 9, 20244 EDGAR
- Jul 9, 20244 EDGAR
- Jul 8, 2024EFFECT EDGAR
- Jul 5, 2024S-8 POS REGISTRATION STATEMENT EDGAR
- Jul 5, 2024S-8 POS REGISTRATION STATEMENT EDGAR
- Jul 5, 2024POS AM POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-1 EDGAR
- Jul 5, 20248-K CURRENT REPORT EDGAR
- Jul 2, 20248-K CURRENT REPORT EDGAR
- Jun 21, 2024DEFA14A CURRENT REPORT EDGAR
- Jun 21, 20248-K CURRENT REPORT EDGAR
- May 31, 2024DEFM14A EDGAR
- May 30, 2024DEFA14A SOLICITING MATERIAL EDGAR
- May 20, 2024PREM14A EDGAR
- May 17, 2024DEFA14A SOLICITING MATERIAL PURSUANT TO 240.14A-12 EDGAR
The 102 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
6 open-market trades by officers, directors and large owners since October 2021: 1 buys and 5 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 18, 2023 | Guttilla John C | Buy | 10,000 | $5.35 | $53.5K | Form 4 |
| Dec 5, 2022 | Smith Steven FChief Executive Officer | Sale | 7,900 | $9.39 | $74.2K | Form 4 |
| Dec 2, 2022 | Smith Steven FChief Executive Officer | Sale | 12,688 | $8.63 | $109.5K | Form 4 |
| May 18, 2022 | Cooke William | Sale | 3,940 | $9.88 | $38.9K | Form 4 |
| May 18, 2022 | TAGLICH MICHAEL N | Sale | 37,259 | $10.07 | $375.2K | Form 4 |
| May 9, 2022 | TAGLICH MICHAEL N | Sale | 7,136 | $8.25 | $58.9K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Steven F. SmithSC 13D, 1 filing Jun 30, 202250
SEC filer profile
How DecisionPoint Systems, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARDecisionPoint Systems, Inc.1
- CIK0001505611
- Employer ID (EIN)37-16446351
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)7370 Services-Computer Programming, Data Processing, Etc.1
- SEC reviewing officeOffice of Technology, Division of Corporation Finance1
- Business address1615 South Congress Avenue, Suite 103, Delray Beach, FL 334451
- Phone(561) 900-37231
- Shares outstanding7,681,000 as of May 10, 20244
- Public float$32.9M as of Jun 30, 20233
- On EDGAR sinceNov 16, 20101
- Filings391 in all: 4 (88), 8-K (88), 3 (31), 10-Q (24), CORRESP (16), 6-K (14), SC 13D/A (12), UPLOAD (10)1
All 44 form types
424B3 (8), S-1/A (8), 10-K (7), DEFA14A (7), EFFECT (7), 3/A (6), D (6), SC 13D (5), SC 13G (5), 8-K/A (4), NT 10-Q (4), S-1 (4), SC TO-C (4), DEF 14A (3), POS AM (3), 10-K/A (2), 15-12G (2), 8-A12G (2), DEFR14A (2), S-8 (2), S-8 POS (2), 20-F (1), 25-NSE (1), 4/A (1), 8-A12B (1), 8-K12G3 (1), CERT (1), DEFM14A (1), NT 10-K (1), PREC14A (1), PREM14A (1), SC 13G/A (1), SC 14F1 (1), SC TO-T (1), SC TO-T/A (1), SP 15D2 (1)
- Latest filingsAnnual report (10-K) Apr 1, 2024
Quarterly report (10-Q) May 15, 2024
Proxy statement (DEF 14A) Nov 9, 2023
Latest 8-K (8-K) Jul 5, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13SEC EDGARPaul Ross, Chief financial officer
- 14
- 15
- 16
- 17SEC EDGARJohn E. Chis, Senior Vice President
- 18
- 19
- 20SEC EDGARRichard Bravman, Board member
- 21SEC EDGARJames F. Desocio, Board member
- 22SEC EDGARJohn C. Guttilla, Board member
- 23SEC EDGARMichael N. Taglich, Board member
- 24
- 25SEC EDGARPaul Seid, Board member
- 26SEC EDGARRobert C. Schroeder, Board member
- 27SEC EDGARDonald Dalicandro, Board member
- 28SEC EDGARMaydan Rothblum, Board member
- 29SEC EDGARDavid M. Rifkin, Board member
- 30SEC EDGARJay B. Sheehy, Board member
- 31SEC EDGARMarc Ferland, Board member
- 32SEC EDGARRobert M. Chaiken, Board member
- 33SEC EDGARLawrence Yelin, Board member
- 34
- 35SEC EDGARShareholder vote
- 36SEC EDGAROther events
- 37SEC EDGARResults of operations
- 38
- 39SEC EDGARResults of operations
- 40SEC EDGARShareholder vote
- 41SEC EDGARExecutive or director change
- 42SEC EDGAROther events
- 43SEC EDGARResults of operations
- 44SEC EDGARResults of operations
- 45SEC EDGARExecutive or director change
- 46
- 47
- 48
- 49
- 50