We are currently focused on the business of purchasing residual economic interests in a portfolio of life settlements. A life settlement is the sale of an existing life insurance policy to a third party for more than the policy’s cash surrender value, but less than the face value of the policy benefit. After the sale, the new policy holder will pay the premiums due on the policy until maturity and then collect the settlement proceeds at maturity.
Company profile
Ticker
SUND
Exchange
Website
CEO
Randall F. Pearson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
JAVA EXPRESS INC
SEC CIK
Corporate docs
IRS number
880515333
SUND stock data
Latest filings (excl ownership)
10-Q
2024 Q3
Quarterly report
14 Feb 24
10-Q
2024 Q2
Quarterly report
14 Nov 23
10-Q
2024 Q1
Quarterly report
14 Aug 23
10-K
2023 FY
Annual report
29 Jun 23
10-Q
2023 Q3
Quarterly report
14 Feb 23
10-Q
2023 Q2
Quarterly report
14 Nov 22
10-Q
2023 Q1
Quarterly report
15 Aug 22
10-K
2022 FY
Annual report
29 Jun 22
10-Q
2022 Q3
Quarterly report
14 Feb 22
10-Q
2022 Q2
Quarterly report
15 Nov 21
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Mar 23 | Mar 22 | Mar 21 | Mar 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 184.99 k | 184.99 k | 184.99 k | 184.99 k | 184.99 k | 184.99 k |
Cash burn (monthly) | (no burn) | (no burn) | 66.99 k | 233.22 k | 30.03 k | 32.40 k |
Cash used (since last report) | n/a | n/a | 399.29 k | 1.39 mm | 178.96 k | 193.08 k |
Cash remaining | n/a | n/a | -214.30 k | -1.20 mm | 6.03 k | -8.09 k |
Runway (months of cash) | n/a | n/a | -3.2 | -5.2 | 0.2 | -0.2 |