Company research
Legacy Education Alliance, Inc.
CIK 1561880Updated Sep 24, 2026
SecurityLEAI · OTC · equity
Name history
Priced In Corp. · through Nov 10, 2014
LEAI price & chart
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Recent filings
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Financials
FY 2022 · USDSource
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balance sheet · annual statements
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 880,000Source | 1,921,000Source | 6,344,000Source | 17,358,000Source |
| Property, Plant and EquipmentUSD | — | — | 4,000Source | 1,382,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 112,000Source | 576,000Source | 1,514,000Source | 3,839,000Source |
| Inventory, NetUSD | 1,000Source | 1,000Source | 10,000Source | 47,000Source |
| Assets, CurrentUSD | 729,000Source | 1,862,000Source | 6,255,000Source | 15,154,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 342,000Source | 607,000Source | 1,578,000Source | 2,074,000Source |
| Operating Lease, Right-of-Use AssetUSD | 113,000Source | 20,000Source | 45,000Source | 122,000Source |
| Other Assets, NoncurrentUSD | 6,000Source | 6,000Source | 40,000Source | 413,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 23,852,000Source | 24,104,000Source | 29,980,000Source | 56,721,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 3,000Source | 3,000Source | 2,000Source | 2,000Source |
| Additional Paid in CapitalUSD | 13,217,000Source | 13,161,000Source | 11,564,000Source | 11,552,000Source |
| Retained Earnings (Accumulated Deficit)USD | -37,695,000Source | -36,184,000Source | -35,618,000Source | -51,627,000Source |
| Stockholders' Equity Attributable to ParentUSD | -22,972,000Source | -22,183,000Source | -23,636,000Source | -39,363,000Source |
| Liabilities and EquityUSD | 880,000Source | 1,921,000Source | 6,344,000Source | 17,358,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 22,452,000Source | 20,678,000Source | 27,806,000Source | 56,694,000Source |
| Operating Lease, Liability, CurrentUSD | 67,000Source | 20,000Source | 25,000Source | 86,000Source |
| Accounts Payable, CurrentUSD | 2,577,000Source | 2,544,000Source | 2,852,000Source | 2,311,000Source |
| Operating Lease, Liability, NoncurrentUSD | 46,000Source | — | 20,000Source | 27,000Source |
| Deferred Income Tax Liabilities, NetUSD | 796,000Source | 1,493,000Source | 134,000Source | — |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -91,000Source | — | — | — |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 237,000Source | 252,000Source | 277,000Source | 576,000Source |
| Deferred Revenue, CurrentUSD | 3,470,000Source | 4,438,000Source | — | — |
| Deferred Revenue, NoncurrentUSD | — | — | — | 46,453,000Source |
| Deferred Tax Liabilities, NetUSD | 796,000Source | 1,629,000Source | 159,000Source | 1,055,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | — | — | 1,900,000Source | 500,000Source |
| Long-term Debt, Current MaturitiesUSD | 1,184,000Source | 1,011,000Source | 1,900,000Source | 500,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 558,000Source | 1,933,000Source | — | — |
cash flow · annual statements
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -1,602,000Source | — | 16,009,000Source | — |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | — | 4,000Source | 69,000Source | 162,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 56,000Source | 122,000Source | 23,000Source | 82,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in InventoriesUSD | — | -9,000Source | -37,000Source | -8,000Source |
| Increase (Decrease) in Accounts PayableUSD | — | — | — | -377,000Source |
| Deferred Income Tax Expense (Benefit)USD | -698,000Source | 1,359,000Source | 418,000Source | -190,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -4,023,000Source | -4,832,000Source | -6,965,000Source | 368,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | 2,891,000Source | -27,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | 192,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 1,916,000Source | 3,102,000Source | 1,400,000Source | -7,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -727,000Source | -1,730,000Source | -3,534,000Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 223,000Source | 950,000Source | 2,694,000Source | 6,228,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 11,000Source | 3,000Source | — | — |
| Income Taxes Paid, NetUSD | — | -52,000Source | — | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | — | 122,000Source | 23,000Source | 100,000,000Source |
| DepreciationUSD | 0Source | 4,000Source | 100,000Source | 100,000Source |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | — | — | — | 8,300,000Source |
| Gain (Loss) on Disposition of AssetsUSD | — | — | 126,000Source | — |
| Gain (Loss) on Sale of PropertiesUSD | — | — | 1,540,000Source | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | 1,735,000Source | 41,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | 1,148,000Source | 910,000Source | — | — |
| General and Administrative ExpenseUSD | 2,647,000Source | 4,195,000Source | 5,460,000Source | 13,870,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -1,602,000Source | -737,000Source | 16,009,000Source | 3,341,000Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | 171,000Source | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | — | 171,000Source | — | 6,609,000Source |
| Income Tax Expense (Benefit)USD | 58,000Source | 716,000Source | 3,958,000Source | -1,257,000Source |
| Net Income (Loss) Attributable to ParentUSD | -1,511,000Source | -566,000Source | 16,009,000Source | 9,950,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -91,000Source | — | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -1,511,000Source | -566,000Source | 15,903,000Source | 3,280,000Source |
| Nonoperating Income (Expense)USD | 698,000Source | 394,000Source | 1,433,000Source | 440,000Source |
| Operating Costs and ExpensesUSD | 3,326,000Source | 8,125,000Source | 15,627,000Source | 73,852,000Source |
| Operating Lease, ExpenseUSD | 20,000Source | — | — | — |
| Other Nonoperating Income (Expense)USD | 3,000Source | 8,000Source | 1,643,000Source | 533,000Source |
| Proceeds from Issuance of Common StockUSD | 28,000Source | 13,000Source | — | — |
income statement · annual statements
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Total RevenueUSD | 1,084,000Source | 7,710,000Source | — | — |
| Operating Income (Loss)USD | -2,242,000Source | -415,000Source | 18,534,000Source | 1,644,000Source |
| Other Nonoperating Income (Expense)USD | 3,000Source | 8,000Source | 1,643,000Source | 533,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -1,544,000Source | -21,000Source | — | — |
| Income Tax Expense (Benefit)USD | 58,000Source | 716,000Source | 3,958,000Source | -1,257,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -91,000Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | -1,511,000Source | -566,000Source | 16,009,000Source | 9,950,000Source |
| Earnings Per Share, BasicUSD per share | -0.04Source | -0.02Source | 0.69Source | 0.43Source |
| Earnings Per Share, DilutedUSD per share | -0.04Source | -0.02Source | 0.68Source | 0.42Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 35,486,000Source | 29,187Source | 23,076Source | 22,716,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 35,486,000Source | 29,187Source | 23,230Source | 23,141,000Source |
| Additional Financial Items | ||||
| Current Income Tax Expense (Benefit)USD | 756,000Source | -643,000Source | 3,540,000Source | 264,000Source |
| General and Administrative ExpenseUSD | 2,647,000Source | 4,195,000Source | 5,460,000Source | 13,870,000Source |
| Gross ProfitUSD | 406,000Source | 3,780,000Source | 23,994,000Source | 15,514,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -1,602,000Source | -737,000Source | 16,009,000Source | 3,341,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -1,543,000Source | -1,211,000Source | 12,367,000Source | 4,271,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | -0.04Source | -0.02Source | 0.69Source | 0.14Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | -0.04Source | -0.02Source | 0.68Source | 0.14Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | 171,000Source | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | — | 171,000Source | — | 6,609,000Source |
| Interest ExpenseUSD | 453,000Source | 524,000Source | — | — |
| Interest Income (Expense), Nonoperating, NetUSD | — | — | -210,000Source | -93,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -1,511,000Source | -566,000Source | 15,903,000Source | 3,280,000Source |
| Nonoperating Income (Expense)USD | 698,000Source | 394,000Source | 1,433,000Source | 440,000Source |
| Operating Costs and ExpensesUSD | 3,326,000Source | 8,125,000Source | 15,627,000Source | 73,852,000Source |
| Operating Lease, ExpenseUSD | 20,000Source | — | — | — |
| Other General and Administrative ExpenseUSD | 20,000Source | 27,000Source | — | — |
| Selling and Marketing ExpenseUSD | 223,000Source | 1,636,000Source | 2,210,000Source | 16,670,000Source |