Stabilis energy, inc. (AETI)
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

3,162

3,979

4,516

1,080

1,006

1,247

5,653

477

627

2,289

1,098

3,242

1,559

1,618

2,903

3,961

7,109

7,989

9,168

8,246

2,619

3,550

2,384

2,900

1,725

4,148

4,176

5,422

5,203

4,477

6,084

3,945

2,653

3,749

1,871

2,556

1,364

Short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

507

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted short-term investments

-

-

-

-

-

-

-

-

50

-

50

507

507

507

507

507

507

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable, net

6,158

5,945

4,707

1,217

725

4,359

598

516

6,395

794

7,822

6,803

5,110

6,717

7,272

7,444

4,628

6,853

8,017

7,641

12,445

11,877

10,917

10,578

12,932

10,462

10,647

8,675

11,512

9,731

8,232

10,073

9,817

11,291

10,198

8,155

8,772

Accounts receivable other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

73

35

-

Inventories, net

127

209

107

63

71

106

44

201

1,936

2

1,169

1,106

958

1,181

1,472

1,093

965

1,325

1,470

2,110

3,128

2,769

3,781

3,542

6,093

3,184

7,454

6,796

5,195

5,616

5,577

4,752

4,962

4,945

5,131

4,832

3,820

Unbilled receivables

-

-

-

-

-

-

1,219

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contract assets

-

-

-

1,161

629

-

-

1,419

-

592

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost and estimated earnings in excess of billings on uncompleted contracts

-

-

-

-

-

-

-

-

4,271

-

7,477

6,701

6,170

5,829

5,339

5,374

4,006

2,302

2,846

3,789

3,630

2,989

-

-

-

5,312

-

-

-

-

-

-

-

-

-

-

-

Cost and estimated earnings in excess of billings on uncompleted contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,960

5,214

5,204

-

4,757

4,155

2,575

2,205

1,486

2,449

3,172

2,026

2,208

2,660

3,487

Prepaid expenses and other current assets

2,379

3,583

3,868

436

499

2,115

282

280

1,512

151

233

275

422

349

205

298

283

324

286

504

682

750

438

406

532

376

216

1,535

327

318

153

228

343

336

137

245

358

Due from related parties

19

0

1

-

-

22

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current assets held for sale

-

-

-

-

-

-

-

11,871

-

12,866

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

3,113

-

-

-

-

-

-

-

-

-

-

-

Current assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,161

-

-

-

-

-

-

-

-

-

-

-

-

-

Due from employees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

40

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

679

624

656

Total current assets

11,845

13,716

13,199

3,957

2,930

7,849

7,796

14,764

14,791

16,694

17,849

18,634

14,726

16,201

17,698

18,677

17,498

19,300

21,787

22,290

22,504

21,935

22,480

24,801

26,486

26,595

27,250

26,583

24,812

22,347

21,532

21,447

20,947

22,347

20,297

19,147

18,457

Property, plant and equipment, net

58,177

60,363

62,617

532

558

66,606

500

578

6,784

598

6,936

7,016

7,187

7,298

7,453

7,591

7,848

7,915

8,135

8,363

8,449

8,373

8,535

7,475

7,501

4,077

5,172

5,144

5,045

4,922

4,561

4,370

4,434

4,489

4,326

4,474

4,705

Right-of-use assets

849

965

1,002

145

185

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

4,453

4,453

4,960

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investments in foreign joint ventures

10,120

10,521

9,268

9,889

10,503

0

9,749

9,869

10,475

10,947

10,546

10,245

10,730

10,663

10,805

10,650

11,251

11,104

11,191

11,436

12,105

12,054

11,812

11,458

12,825

13,033

13,088

12,741

12,913

11,408

11,059

10,257

10,174

9,308

8,924

7,993

8,375

Deferred tax benefit

-

-

-

-

-

-

-

40

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Retainage receivable

-

-

-

-

-

-

-

-

-

-

772

741

649

649

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangibles

-

-

-

-

-

-

-

-

526

-

476

493

510

527

-

-

-

218

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangibles

-

-

-

-

-

-

-

-

-

-

-

-

-

-

529

409

218

-

218

-

-

236

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other noncurrent assets

301

308

402

51

199

250

99

246

107

116

107

85

74

46

18

64

72

49

311

502

232

6

45

72

136

126

200

232

264

297

330

362

395

87

93

99

-

Assets held for sale

-

-

-

-

-

-

-

6,506

-

7,566

-

-

-

-

-

-

-

-

650

650

-

650

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

650

-

650

-

-

2,005

-

-

-

-

-

-

-

-

-

-

-

Long-term assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,022

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax asset and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,490

Deferred tax asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,689

3,069

-

Assets

85,745

90,326

91,448

14,574

14,375

74,705

18,144

32,003

32,683

35,921

36,686

37,214

33,876

35,384

36,503

37,391

36,887

38,586

42,292

43,241

43,940

43,254

43,522

44,828

46,948

45,836

45,710

44,700

43,034

38,974

37,482

36,436

35,950

36,231

36,329

34,782

34,027

Liabilities and Equity
Current liabilities:
Accrued payroll and benefits

-

-

-

-

-

-

801

613

1,119

-

1,188

1,039

1,018

1,093

879

631

625

476

877

710

985

1,145

956

1,070

1,179

1,911

1,474

1,250

1,190

1,519

1,070

1,220

1,059

1,414

1,240

1,043

916

Other accrued expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

486

-

888

459

371

640

414

172

229

397

504

337

358

513

438

587

595

835

532

554

369

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

-

Billings in excess of costs and estimated earnings on uncompleted contracts

-

-

-

-

-

-

-

-

2,271

-

3,003

4,387

716

208

341

906

2,289

1,629

1,014

2,715

2,174

1,983

2,535

2,920

1,508

3,021

4,010

4,221

5,338

3,576

2,135

2,213

2,091

2,909

1,957

1,078

1,056

Current portion of long-term notes payable - related parties

1,000

1,000

1,000

-

-

2,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

267

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of finance lease obligation - related parties

3,319

3,440

4,662

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital Lease Obligations, Current

-

-

-

-

-

3,879

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of operating lease obligations

334

364

340

63

82

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revolving line of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

1,500

1,500

900

2,000

1,043

1,500

1,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of long-term note payable

-

-

-

-

-

-

-

360

360

270

-

-

500

300

300

300

300

300

267

267

-

222

0

0

0

-

500

-

14

54

94

132

154

154

144

144

194

Short-term notes payable

321

558

831

338

536

121

199

5,629

97

203

238

299

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued Liabilities, Current

4,490

5,018

5,395

-

-

3,035

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and other accrued expenses

-

-

-

-

-

-

4,249

2,023

10,808

-

11,528

10,060

9,001

9,798

8,965

7,463

-

4,907

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

3,283

4,728

-

-

-

2,562

-

-

-

-

-

-

-

-

-

-

3,555

-

4,695

4,271

7,319

6,447

7,897

6,312

7,960

5,327

6,166

6,480

5,196

4,438

4,445

3,416

6,209

5,772

4,436

4,252

3,926

Accounts payable and other accrued expenses

-

-

4,298

2,805

2,079

-

-

-

-

1,719

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

143

-

95

67

179

150

12

49

70

121

14

14

17

9

-

-

-

20

-

-

20

Liabilities held for sale

-

-

-

-

-

-

-

13,710

-

13,471

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

536

-

-

-

-

-

-

-

-

-

-

-

Current liabilities held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

719

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

12,747

15,108

16,526

3,206

2,697

12,097

5,249

22,335

14,655

15,663

15,957

15,785

11,235

12,899

11,985

10,200

9,398

8,355

9,336

9,989

11,295

10,587

11,814

11,242

10,946

11,313

12,668

12,302

12,113

10,109

8,182

7,568

10,108

11,104

8,309

7,081

6,481

Long-term notes payable, net of current portion

-

-

1,077

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term notes payable, net of current portion - related parties

6,077

6,077

5,000

-

-

6,577

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finance lease obligations, net of current portion - related parties

1

648

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term portion of operating lease obligations

586

650

682

84

103

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital Lease Obligations, Noncurrent

-

-

-

-

-

3,367

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term note payable

-

-

-

-

-

-

-

-

5,662

5,524

6,132

6,104

6,166

3,900

4,050

4,050

4,200

4,200

3,578

3,644

3,711

3,778

500

500

1,500

500

0

500

500

500

1,500

2,000

5,017

5,057

5,106

5,145

4,221

Deferred compensation

113

0

-

138

150

-

170

188

200

213

225

237

248

260

272

283

294

305

301

297

294

290

270

250

230

211

193

174

156

122

121

119

117

116

305

399

399

Deferred income taxes

28

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

86

-

2,805

2,726

2,864

2,824

-

-

-

3,064

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,554

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,913

2,901

3,058

-

2,879

2,996

2,969

3,046

3,424

3,422

3,592

3,541

3,672

3,646

3,329

3,058

2,957

2,706

-

2,433

-

-

-

Total liabilities

19,552

22,483

23,288

3,428

2,950

22,041

5,419

22,523

20,603

21,400

25,119

24,852

20,513

19,883

19,220

17,434

16,950

15,924

16,094

16,926

18,269

17,701

16,008

15,414

16,268

15,565

16,533

16,622

16,098

13,789

12,760

12,393

17,796

18,710

13,720

12,625

11,101

Commitments and contingencies (Note 13)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

0

Equity:
Preferred Stock; $0.001 par value, 1,000,000 shares authorized, no shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively

0

0

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

0

Redeemable convertible preferred stock, Series A, net of discount of $470 at June 30, 2019 and $502 at December 31, 2018; $0.001 par value, 1,000,000 shares authorized, issued and outstanding at June 30, 2019 and December 31, 2018, respectively (Note 9)

-

-

-

4,530

4,514

-

4,483

4,468

4,453

4,438

4,424

4,410

4,396

4,383

4,369

4,355

4,342

4,329

4,317

4,305

4,293

4,281

-

-

-

4,236

-

-

-

-

-

-

-

-

-

-

-

Redeemable convertible preferred stock, Series A, net of discount of $731 at September 30, 2014 and $764 at December 31, 2013; $0.001 par value, 1,000,000 shares authorized, issued and outstanding at September 30, 2014 and December 31, 2013

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,269

4,258

4,247

-

4,225

4,215

4,204

4,194

-

-

-

-

-

-

-

Stockholders’ equity:
Mandatorily redeemable convertible preferred stock - Series A, net of discount of $816 and $0 at September 30, 2012 and December 31, 2011; $0.001 par value, 1,000,000 shares authorized, issued and outstanding at September 30, 2012, none at December 31,2011

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,184

4,175

-

-

-

-

-

Common stock; $0.001 par value, 37,500,000 shares authorized, 16,835,318 and 16,800,612 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively (Note 14)

17

17

17

1

9

13

9

9

9

9

9

9

8

8

8

8

8

8

8

8

8

8

8

8

8

8

8

8

8

8

8

8

8

8

8

8

8

Treasury stock, at cost, 28,201 shares at both June 30, 2019 and December 31, 2018

-

-

-

965

965

-

950

934

934

916

916

893

863

863

863

827

828

792

792

792

792

722

704

704

704

238

238

238

238

92

92

92

92

-

-

-

-

Additional paid-in capital

90,767

90,748

90,748

14,172

14,089

68,244

14,628

14,331

14,052

13,455

13,277

13,106

13,005

12,613

12,411

12,309

12,202

12,032

11,743

11,674

11,554

11,418

11,207

10,996

10,767

10,494

10,043

9,951

9,800

9,597

9,555

9,422

8,499

8,171

8,072

7,988

7,845

Accumulated other comprehensive loss

-

-

-

-475

-213

-

-644

-90

776

401

272

100

39

-2

204

245

409

310

441

756

704

851

951

982

1,080

983

942

849

931

900

978

941

912

849

-

-

-

Accumulated other comprehensive loss

-910

-291

-530

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

838

829

692

Accumulated deficit

-23,681

-22,631

-22,075

-6,117

-6,009

-16,916

-4,801

-8,304

-6,276

-2,866

-5,499

-4,370

-3,222

-638

1,154

3,867

3,804

6,775

10,481

10,364

9,904

9,717

11,783

13,874

15,282

14,788

14,197

13,293

12,231

10,578

10,089

9,589

8,827

8,493

13,691

13,332

14,381

Total stockholders’ equity

66,193

67,843

68,160

6,616

6,911

51,341

8,242

5,012

7,627

10,083

7,143

7,952

8,967

11,118

12,914

15,602

15,595

18,333

21,881

22,010

21,378

21,272

23,245

25,156

26,433

26,035

24,952

23,863

22,732

20,991

20,538

19,868

18,154

17,521

22,609

22,157

22,926

Noncontrolling interest

-

-

0

-

-

1,323

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Equity

66,193

67,843

68,160

-

-

52,664

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities and equity

85,745

90,326

91,448

14,574

14,375

74,705

18,144

32,003

32,683

35,921

36,686

37,214

33,876

35,384

36,503

37,391

36,887

38,586

42,292

43,241

43,940

43,254

43,522

44,828

46,948

45,836

45,710

44,700

43,034

38,974

37,482

36,436

35,950

36,231

36,329

34,782

34,027