Company research
SEACHANGE INTERNATIONAL INC
CIK 1019671Updated Sep 25, 2026
SecuritySEAC · OTC · equity
SEAC price & chart
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Financials
FY 2023 · USDSource
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balance sheet · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 42,659,000Source | 55,196,000Source | 50,408,000Source | 72,890,000Source |
| Property, Plant and Equipment, NetUSD | 713,000Source | 902,000Source | 605,000Source | 554,000Source |
| GoodwillUSD | — | 9,882,000Source | 10,577,000Source | 9,775,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 13,415,000Source | 17,528,000Source | 5,856,000Source | 9,013,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 10,382,000Source | 8,819,000Source | 6,050,000Source | 12,127,000Source |
| Assets, CurrentUSD | 35,112,000Source | 37,817,000Source | 25,889,000Source | 44,650,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 2,314,000Source | 2,310,000Source | 4,372,000Source | 5,112,000Source |
| Operating Lease, Right-of-Use AssetUSD | 1,360,000Source | 2,031,000Source | 4,968,000Source | 4,860,000Source |
| Other Assets, NoncurrentUSD | 430,000Source | 612,000Source | 757,000Source | 938,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 11,448,000Source | 12,672,000Source | 18,867,000Source | 22,958,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 503,000Source | 493,000Source | 378,000Source | 373,000Source |
| Retained Earnings (Accumulated Deficit)USD | -233,817,000Source | -222,413,000Source | -214,983,000Source | -193,224,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -1,890,000Source | -973,000Source | -73,000Source | -2,137,000Source |
| Stockholders' Equity Attributable to ParentUSD | 31,211,000Source | 42,524,000Source | 31,541,000Source | 49,932,000Source |
| Additional Paid in Capital, Common StockUSD | 266,642,000Source | 265,644,000Source | 246,446,000Source | 245,067,000Source |
| Liabilities and EquityUSD | 42,659,000Source | 55,196,000Source | 50,408,000Source | 72,890,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 10,526,000Source | 11,124,000Source | 12,179,000Source | 17,034,000Source |
| Operating Lease, Liability, CurrentUSD | 713,000Source | 762,000Source | 1,387,000Source | 722,000Source |
| Accounts Payable, CurrentUSD | 1,541,000Source | 2,960,000Source | 1,825,000Source | 4,007,000Source |
| Operating Lease, Liability, NoncurrentUSD | 691,000Source | 1,361,000Source | 4,070,000Source | 4,348,000Source |
| Additional Financial Items | ||||
| Accounts Receivable, after Allowance for Credit LossUSD | 10,382,000Source | 8,819,000Source | 6,050,000Source | — |
| Accrued Liabilities, CurrentUSD | 3,813,000Source | 4,217,000Source | 4,277,000Source | 7,986,000Source |
| Deferred Revenue, CurrentUSD | 5,172,000Source | 3,947,000Source | 4,737,000Source | 5,041,000Source |
| Deferred Revenue, NoncurrentUSD | 130,000Source | 77,000Source | 657,000Source | 1,140,000Source |
cash flow · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -11,404,000Source | -7,430,000Source | -21,759,000Source | -8,921,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 254,000Source | 1,429,000Source | 1,667,000Source | 2,016,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 1,001,000Source | 1,690,000Source | 1,247,000Source | 1,151,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 1,984,000Source | 2,830,000Source | -6,420,000Source | -7,134,000Source |
| Increase (Decrease) in InventoriesUSD | — | — | — | -924,000Source |
| Increase (Decrease) in Accounts PayableUSD | -1,361,000Source | 1,215,000Source | -2,233,000Source | -1,149,000Source |
| Deferred Income Tax Expense (Benefit)USD | -15,000Source | — | — | -182,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -2,020,000Source | -4,747,000Source | -9,355,000Source | -14,794,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | — | 3,838,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -1,335,000Source | -394,000Source | 4,027,000Source | 3,762,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 70,000Source | 646,000Source | 328,000Source | 281,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | — | — | 80,000Source | 142,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 7,000Source | 17,623,000Source | 2,470,000Source | 472,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -4,130,000Source | 11,772,000Source | -3,213,000Source | -11,020,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 13,726,000Source | 17,856,000Source | 6,084,000Source | 9,297,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | -782,000Source | -710,000Source | -355,000Source | -460,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 1,001,000Source | 1,690,000Source | 1,247,000Source | 1,151,000Source |
| Amortization of Intangible AssetsUSD | — | 1,226,000Source | 1,210,000Source | 1,163,000Source |
| DepreciationUSD | 300,000Source | 200,000Source | — | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -462,000Source | -896,000Source | -793,000Source | -2,126,000Source |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | — | -78,000Source | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | -7,000Source | -5,423,000Source |
| Gain (Loss) on Termination of LeaseUSD | — | 328,000Source | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | — | 2,440,000Source | — | — |
| General and Administrative ExpenseUSD | 9,055,000Source | 8,779,000Source | 9,746,000Source | 15,211,000Source |
| GoodwillUSD | — | 9,882,000Source | 10,577,000Source | 9,775,000Source |
| Goodwill, Impairment LossUSD | 9,098,000Source | 0Source | 0Source | — |
| Impairment of Intangible Assets (Excluding Goodwill)USD | — | — | — | 300,000Source |
| Income Tax Expense (Benefit)USD | -196,000Source | -15,000Source | 58,000Source | 48,000Source |
| Marketable Securities, Unrealized Gain (Loss)USD | -25,000Source | 1,000Source | -50,000Source | 44,000Source |
| Net Income (Loss) Attributable to ParentUSD | -11,404,000Source | -7,430,000Source | -21,759,000Source | -8,921,000Source |
| Operating ExpensesUSD | 32,182,000Source | 25,757,000Source | 31,451,000Source | 52,386,000Source |
| Other Nonoperating Income (Expense)USD | 55,000Source | -479,000Source | -180,000Source | 11,000Source |
| Proceeds from Issuance of Common StockUSD | — | 17,462,000Source | — | 614,000Source |
| Proceeds from Stock Options ExercisedUSD | — | 161,000Source | 119,000Source | — |
| Restructuring CostsUSD | 100,000Source | — | — | — |
income statement · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Total RevenueUSD | 32,493,000Source | 27,310,000Source | 21,999,000Source | 67,154,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -11,655,000Source | -9,406,000Source | -21,521,000Source | -8,884,000Source |
| Other Nonoperating Income (Expense)USD | 55,000Source | -479,000Source | -180,000Source | 11,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -11,600,000Source | -7,445,000Source | — | — |
| Income Tax Expense (Benefit)USD | -196,000Source | -15,000Source | 58,000Source | 48,000Source |
| Net Income (Loss) Attributable to ParentUSD | -11,404,000Source | -7,430,000Source | -21,759,000Source | -8,921,000Source |
| Earnings Per Share, BasicUSD per share | -0.23Source | -0.16Source | -0.58Source | -0.24Source |
| Earnings Per Share, DilutedUSD per share | -0.23Source | -0.16Source | -0.58Source | -0.24Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 49,750,000Source | 47,030,000Source | 37,471Source | 36,699Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 49,750,000Source | 47,030,000Source | 37,471Source | 36,699Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | 1,226,000Source | 1,210,000Source | 1,163,000Source |
| Business Combination, Acquisition Related CostsUSD | 1,203,000Source | 1,489,000Source | — | — |
| Current Income Tax Expense (Benefit)USD | -181,000Source | -15,000Source | 58,000Source | 230,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -462,000Source | -896,000Source | -793,000Source | -2,126,000Source |
| General and Administrative ExpenseUSD | 9,055,000Source | 8,779,000Source | 9,746,000Source | 15,211,000Source |
| Goodwill, Impairment LossUSD | 9,098,000Source | 0Source | 0Source | — |
| Gross ProfitUSD | 20,527,000Source | 16,351,000Source | 9,930,000Source | 43,502,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -4,458,000Source | -6,616,000Source | -23,427,000Source | -3,314,000Source |
| Operating ExpensesUSD | 32,182,000Source | 25,757,000Source | 31,451,000Source | 52,386,000Source |
| Research and Development ExpenseUSD | 7,987,000Source | 8,910,000Source | 13,808,000Source | 16,050,000Source |
| Restructuring and Related Cost, Incurred CostUSD | — | 660,000Source | 2,000Source | 3,367,000Source |
| Restructuring CostsUSD | 100,000Source | — | — | — |
| Selling and Marketing ExpenseUSD | 4,201,000Source | 5,862,000Source | 6,420,000Source | 12,179,000Source |