Axon enterprise, inc. (AAXN)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Current assets:
Cash and cash equivalents

156,540

172,250

202,551

219,720

223,642

349,462

324,371

307,507

92,330

75,105

43,471

28,038

41,974

40,651

50,600

37,306

53,365

59,526

45,887

40,354

46,848

48,367

38,615

25,943

45,133

42,271

35,005

19,079

38,580

36,127

25,965

17,970

24,349

21,300

24,574

27,719

42,684

Short-term investments

188,673

178,534

108,913

116,629

105,312

0

500

4,124

4,475

6,862

18,372

33,796

29,630

48,415

45,620

49,711

50,689

50,254

49,526

46,252

43,212

32,774

28,983

22,890

17,700

9,101

8,751

10,733

-

1,681

3,178

5,186

5,333

5,108

6,175

10,775

0

Accounts and notes receivable, net of allowance of $1,827 and $1,567 as of March 31, 2020 and December 31, 2019, respectively

147,945

146,878

149,013

134,630

149,096

130,579

116,518

94,296

87,849

56,064

51,204

45,428

44,328

39,466

32,858

30,499

29,810

27,701

24,328

25,753

21,022

30,735

27,099

23,067

20,501

22,488

20,093

16,889

16,806

18,101

14,551

14,696

14,303

11,780

12,525

9,978

13,542

Contract assets, net

43,959

38,102

33,602

26,648

17,945

13,960

13,263

10,468

9,278

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory

46,922

38,845

40,666

40,999

37,587

33,763

39,221

43,967

43,104

45,465

52,692

60,743

48,699

34,841

25,503

21,936

20,214

15,763

18,892

23,687

22,626

18,323

16,128

15,111

13,252

11,109

12,289

13,200

11,840

10,993

10,430

10,466

11,118

11,484

15,469

16,049

17,815

Prepaid expenses and other current assets

34,702

34,866

41,277

36,429

33,340

30,391

30,514

26,604

21,934

21,696

23,002

22,949

15,707

13,858

13,867

14,323

10,338

8,165

6,336

10,068

4,276

4,443

5,210

8,321

9,398

5,397

4,859

6,579

3,912

2,755

2,268

2,192

2,675

2,089

1,969

3,449

1,999

Deferred income tax assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,186

5,186

5,186

-

7,164

7,101

7,101

7,101

9,450

9,395

9,395

9,396

7,082

6,783

8,150

9,968

8,864

8,129

6,284

Total current assets

618,741

609,475

576,022

575,055

566,922

558,155

524,387

486,966

258,970

205,192

188,741

190,954

180,338

177,231

168,448

153,775

164,416

161,409

150,155

151,300

143,170

134,642

123,199

102,433

113,085

97,467

90,449

75,878

80,536

79,053

63,477

57,295

65,930

61,732

69,579

76,101

82,326

Property and equipment, net

43,065

43,770

42,592

40,500

41,347

37,893

35,613

34,503

31,175

31,172

31,263

29,603

26,399

24,004

22,976

22,249

22,177

21,848

19,855

18,231

17,213

17,523

17,848

17,958

18,398

19,043

19,347

20,032

21,202

21,952

22,650

24,117

25,632

26,845

29,821

31,768

35,905

Deferred tax assets, net

29,433

27,688

23,290

20,658

18,770

19,347

18,080

15,813

14,200

15,755

22,845

20,264

20,055

19,515

16,753

15,577

14,857

13,719

11,147

10,398

11,505

16,063

9,603

11,285

12,001

13,679

10,397

11,686

11,783

11,606

12,716

12,716

12,716

12,716

13,819

13,819

13,919

Intangible assets, net

11,929

12,771

13,528

14,424

15,067

15,935

16,956

20,442

17,496

18,823

20,758

19,334

20,256

15,218

7,116

7,228

7,431

7,588

7,812

7,085

2,965

3,115

3,107

3,219

3,264

3,317

3,360

3,332

3,287

3,317

3,332

3,336

3,239

3,224

3,183

3,145

3,090

Goodwill

24,752

25,013

24,876

24,969

25,017

24,981

25,043

24,684

14,947

14,927

14,923

13,183

13,001

10,442

8,885

9,100

9,179

9,596

9,313

7,786

2,206

2,206

2,206

2,235

2,235

2,235

-

-

-

0

-

-

-

-

-

-

-

Long-term investments

50,225

45,499

41,391

-

-

0

-

-

-

-

0

0

0

234

6,260

4,594

10,009

8,525

9,171

12,377

14,713

9,296

6,411

10,918

14,674

12,023

4,580

1,875

-

-

-

-

-

-

-

-

-

Long-term notes receivable, net of current portion

27,556

31,598

33,463

35,170

36,316

40,230

38,220

37,158

34,624

36,877

32,543

27,791

24,688

17,602

-

-

-

1,227

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term contract assets, net

12,293

9,644

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

59,457

40,181

37,142

35,594

35,756

22,999

23,396

22,831

21,573

15,366

16,534

15,182

14,781

13,917

21,762

16,172

9,039

5,969

6,024

4,976

4,039

2,523

1,766

1,309

1,105

618

357

203

258

308

409

294

349

444

753

716

944

Total assets

877,451

845,639

792,304

746,370

739,195

719,540

681,695

642,397

392,985

338,112

327,607

316,311

299,518

278,163

252,200

228,695

237,108

229,881

213,477

212,153

195,811

185,368

164,140

149,357

164,762

148,382

128,492

113,008

117,068

116,236

102,586

97,760

107,868

104,962

117,158

125,552

136,186

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable

31,568

25,874

14,638

9,064

9,865

15,164

8,998

9,213

11,692

8,592

12,354

17,993

15,632

10,736

8,982

8,083

9,486

7,333

6,040

7,477

7,808

7,682

6,483

5,404

7,013

6,221

5,112

5,897

4,836

6,223

4,259

3,932

3,807

4,513

5,147

4,995

4,550

Accrued liabilities

36,404

45,001

35,745

34,011

36,348

41,092

36,908

29,995

34,869

23,502

22,431

19,879

20,330

18,248

16,086

10,382

12,626

8,643

6,668

6,605

6,999

9,245

6,853

6,249

9,407

8,840

8,180

7,425

6,798

7,065

8,929

6,582

6,337

7,643

7,703

6,603

3,759

Current portion of deferred revenue

119,827

117,864

127,160

113,351

110,063

107,016

89,637

76,583

76,141

70,401

60,453

52,562

49,909

45,137

41,284

31,668

23,948

20,851

19,628

16,249

14,628

14,020

10,033

8,231

7,414

6,878

6,317

5,371

4,764

4,287

3,898

3,573

3,500

3,317

3,154

3,023

3,265

Current portion of business acquisition contingent consideration

-

-

-

-

-

-

1,736

1,946

2,505

1,693

1,735

1,720

1,705

1,690

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current liabilities

3,891

3,853

3,997

3,852

3,914

37

115

191

348

89

470

469

467

80

51

62

75

87

98

40

39

38

38

37

37

36

35

35

34

34

-

-

-

-

-

-

-

Total current liabilities

195,015

195,566

183,834

163,673

163,794

166,011

141,505

120,898

128,710

107,950

100,091

94,844

90,488

78,039

67,770

52,193

48,403

38,140

33,006

31,693

30,121

31,973

23,776

20,309

24,414

23,129

20,724

19,965

16,819

18,109

17,415

14,818

14,162

15,887

16,213

14,898

11,947

Deferred revenue, net of current portion

91,886

87,936

82,149

74,586

74,784

74,417

69,382

61,456

58,003

54,881

51,574

47,608

41,644

40,054

35,968

35,098

31,496

30,190

26,880

22,725

22,443

21,668

19,966

15,908

14,112

13,341

12,302

10,219

9,017

7,836

6,649

5,642

4,679

4,636

4,219

3,719

4,392

Liability for unrecognized tax benefits

4,173

3,832

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term deferred compensation

3,430

3,936

3,694

3,755

3,675

3,235

3,590

3,560

3,998

3,859

3,533

3,655

3,407

3,362

3,111

2,759

2,508

2,199

1,857

1,739

1,549

1,121

-

-

-

376

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liability, net

342

354

3,443

3,462

3,156

2,849

1,805

1,918

1,810

1,706

1,763

2,179

2,030

1,896

1,332

1,508

1,411

1,315

1,198

1,152

1,645

1,471

1,409

1,865

1,837

3,122

3,074

3,072

2,960

2,903

2,206

2,012

1,994

1,982

2,639

2,279

2,281

Business acquisition contingent consideration, net of current portion

-

-

-

-

-

-

0

203

201

1,048

2,715

2,689

2,664

1,635

0

0

0

952

952

950

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

23,015

10,520

-

-

-

5,704

-

-

-

1,224

-

-

-

2,289

-

-

-

81

-

-

-

-

908

760

555

-

169

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

-

-

11,537

11,967

13,247

-

5,751

5,520

934

-

1,851

1,875

1,895

-

2,691

2,707

64

-

98

9

19

29

39

48

58

67

76

85

94

103

-

-

-

-

-

-

-

Total liabilities

317,861

302,144

284,657

257,443

258,656

252,216

222,033

193,555

193,656

170,668

161,527

152,850

142,128

127,275

110,872

94,265

83,882

72,877

63,991

58,268

55,777

56,262

46,098

38,890

40,976

40,035

36,347

33,343

28,891

28,951

26,271

22,473

20,836

22,507

23,071

20,897

18,622

Commitments and contingencies (Note 12)

-

-

-

-

-

-

-

0

0

-

0

0

0

0

0

0

0

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Stockholders' equity:
Preferred stock, $0.00001 par value; 25,000,000 shares authorized; no shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

Common stock, $0.00001 par value; 200,000,000 shares authorized; 59,813,163 and 59,497,759 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

0

0

0

1

0

0

0

0

0

0

0

Additional paid-in capital

543,305

528,272

480,747

467,904

460,146

453,400

447,933

442,717

202,344

201,672

197,978

194,221

189,710

187,656

184,937

181,943

179,630

178,143

175,766

174,015

166,275

162,641

156,729

153,806

151,461

139,424

128,623

121,349

114,623

111,661

104,525

103,342

102,370

101,597

99,699

98,965

97,122

Treasury stock at cost, 20,220,227 shares as of March 31, 2020 and December 31, 2019

155,947

155,947

155,947

155,947

155,947

155,947

155,947

155,947

155,947

155,947

155,947

155,947

155,947

155,947

155,947

155,947

131,163

122,201

122,201

114,645

114,645

114,645

114,645

111,755

92,203

92,203

92,202

92,202

72,553

67,203

67,203

63,345

47,207

47,207

39,597

27,208

14,708

Retained earnings

175,699

172,265

184,644

178,540

177,802

171,383

169,301

163,590

155,105

123,185

125,256

124,834

122,558

118,275

111,934

108,091

104,441

100,978

95,874

94,353

88,250

81,045

75,959

68,402

64,519

61,127

55,752

50,638

46,180

42,883

39,068

35,391

31,949

28,145

34,046

32,910

35,185

Accumulated other comprehensive loss

-3,468

-1,096

-1,798

-1,571

-1,463

-1,513

-1,626

-1,519

-2,174

-1,467

-1,208

352

1,068

903

403

342

317

83

46

161

153

64

-2

13

8

-2

-28

-120

-75

-57

-75

-101

-81

-80

-62

-13

-35

Total stockholders' equity

559,590

543,495

507,647

488,927

480,539

467,324

459,662

448,842

199,329

167,444

166,080

163,461

157,390

150,888

141,328

134,430

153,226

157,004

149,486

153,885

140,034

129,106

118,042

110,467

123,786

108,347

92,144

79,664

88,176

87,285

76,315

75,287

87,031

82,455

94,086

104,655

117,564

Total liabilities and stockholders' equity

877,451

845,639

792,304

746,370

739,195

719,540

681,695

642,397

392,985

338,112

327,607

316,311

299,518

278,163

252,200

228,695

-

229,881

213,477

212,153

195,811

185,368

164,140

149,357

164,762

148,382

128,492

113,008

117,068

116,236

102,586

97,760

107,868

104,962

117,158

125,552

136,186

Current portion of deferred revenue
Current portion of deferred revenue

119,827

117,864

127,160

113,351

110,063

107,016

89,637

-

-

70,401

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer deposits
Current portion of deferred revenue

3,325

2,974

2,294

3,395

3,604

2,702

4,111

2,970

3,155

3,673

2,648

2,221

2,445

2,148

1,367

1,998

2,268

1,226

572

1,322

647

988

369

388

543

1,154

1,077

1,235

385

500

327

731

516

413

207

276

372