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Infinite Group (Infinite Group) Long-Term Debt : $0.92 Mil (As of Jun. 2023)


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What is Infinite Group Long-Term Debt?

Infinite Group's Long-Term Debt for the quarter that ended in Jun. 2023 was $0.92 Mil.

Infinite Group's quarterly Long-Term Debt declined from Dec. 2022 ($1.35 Mil) to Mar. 2023 ($0.67 Mil) but then increased from Mar. 2023 ($0.67 Mil) to Jun. 2023 ($0.92 Mil).

Infinite Group's annual Long-Term Debt increased from Dec. 2020 ($1.47 Mil) to Dec. 2021 ($1.54 Mil) but then declined from Dec. 2021 ($1.54 Mil) to Dec. 2022 ($1.35 Mil).


Infinite Group Long-Term Debt Historical Data

The historical data trend for Infinite Group's Long-Term Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Infinite Group Long-Term Debt Chart

Infinite Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Long-Term Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.42 0.88 1.47 1.54 1.35

Infinite Group Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Long-Term Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.46 1.43 1.35 0.67 0.92

Infinite Group  (OTCPK:IMCI) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.


Infinite Group Long-Term Debt Related Terms

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Infinite Group (Infinite Group) Business Description

Traded in Other Exchanges
N/A
Address
175 Sully’s Trail, Suite 202, Pittsford, NY, USA, 14534
Infinite Group Inc provides managed information technology and virtualization services. It also develops and renders cybersecurity tools and solutions to private businesses and government agencies in the United States. It offers products such as Nodeware which assesses vulnerabilities in a computer network using scanning technology. The company also provides cloud computing solutions, including public and private cloud architecture, hybrid cloud hosting, server virtualization, and desktop virtualization solutions.
Executives
James Villa 10 percent owner 308 ROCK BEACH ROAD, ROCHESTER NY 14617
Andrew T. Hoyen officer: EVP- Chief Admin Officer 80 OFFICE PARK WAY, PITTSFORD NY 14534
Richard W Glickman officer: Chief Accounting Officer 175 SULLY'S TRAIL, PITTSFORD NY 14534
Donald Reeve director C/O INFINITE GROUP, INC., 60 OFFICE PARK WAY, PITTSFORD NY 14534
James Witzel officer: Chief Financial Officer C/O INFINITE GROUP INC, 60 OFFICE PARK WAY, PITTSFORD NY 14534
James D Frost officer: CHIEF TECHNOLOGY OFFICER C/O INFINITE GROUP, INC, 595 BLOSSOM ROAD SUITE 309, ROCHESTER NY 14610
William S Hogan officer: VP of Operations C/O INFINITE GROUP, INC., 60 OFFICE PARK WAY, PITTSFORD NY 14534
David Slavny officer: Director Business Development C/O INFINITE GROUP, INC, 60 OFFICE PARK WAY, PITTSFORD NY 14534
Northwest Hampton Holdings Llc 10 percent owner 308 ROCK BEACH ROAD, ROCHESTER NY 14617
Michael S Smith director, officer: PRESIDENT, CEO and CFO C/O INFINITE GROUP, INC, 595 BLOSSOM ROAD SUITE 309, ROCHESTER NY 14610
Allan M Robbins director C/O INFINITE GROUP, INC, 595 BLOSSOM ROAD SUITE 309, ROCHESTER NY 14610
Paul J Delmore director, 10 percent owner C/O INFINITE GROUP, INC, 595 BLOSSOM ROAD SUITE 309, ROCHESTER NY 14610
Upstate Holding Group, Llc 10 percent owner C/O INFINITE GROUP, INC, 595 BLOSSOM ROAD SUITE 309, ROCHESTER NY 14610