Apollo endosurgery, inc. (APEN)
Balance Sheet / Quarterly
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

23,206

29,905

34,970

22,919

29,974

23,996

28,437

34,377

22,341

30,513

34,553

5,302

8,300

19,111

3,324

4,664

7,020

21,715

11,553

11,854

12,673

17,282

20,508

14,263

16,111

11,851

14,914

17,505

20,538

24,621

16,020

18,243

17,786

14,410

15,866

18,651

6,803

Accounts receivable, net of allowance for doubtful accounts of $619 and $658, respectively

7,524

9,232

8,902

11,170

10,633

11,391

10,269

11,497

11,860

11,729

12,327

12,808

10,026

10,509

24

9

9

10,498

55

731

1,442

727

2,058

1,313

2,704

1,310

622

382

228

233

372

642

3,396

1,334

1,876

869

15,390

Inventory, net

10,245

8,865

10,833

10,557

10,407

9,932

13,308

14,952

15,443

14,343

12,773

11,377

11,710

12,163

-

-

-

12,793

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

3,117

2,998

3,350

3,126

3,254

2,801

1,122

1,295

1,255

1,015

1,149

1,880

2,102

1,838

698

614

269

2,081

193

297

431

413

1,661

417

445

292

261

194

217

307

286

129

188

331

439

95

166

Total current assets

44,092

51,000

58,055

47,772

54,268

48,120

53,136

62,121

50,899

57,600

60,802

31,367

32,138

43,621

4,047

5,287

7,299

47,087

11,803

12,883

14,547

18,422

24,229

15,994

19,261

13,454

15,797

18,082

20,983

25,162

16,679

19,015

21,371

16,077

18,181

19,616

22,360

Restricted cash

833

1,016

1,006

1,010

1,018

1,011

1,017

1,068

916

905

946

938

934

930

-

-

-

871

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property, equipment and right-of-use assets

6,206

6,612

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property, Plant and Equipment, Net

-

-

6,999

7,385

8,008

5,897

6,688

6,910

6,879

6,885

6,955

6,827

6,632

6,889

-

105

126

7,972

172

196

219

221

237

260

279

211

226

249

244

253

275

233

179

176

187

173

111

Goodwill

5,290

5,290

5,290

5,290

5,290

5,290

6,828

6,828

6,828

6,828

6,828

6,828

6,828

6,828

-

-

-

184

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net of accumulated amortization of $12,093 and $11,648, respectively

7,377

7,831

8,340

8,782

9,323

9,859

31,603

33,116

34,693

36,421

38,130

39,883

41,618

43,315

-

-

-

48,987

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

2,899

2,833

4,535

4,447

4,360

4,291

367

387

404

422

341

368

424

541

-

-

77

87

77

77

77

-

77

77

77

77

77

82

77

77

77

77

79

79

78

109

35

Patents, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,599

2,164

-

2,249

2,286

2,267

2,236

2,141

2,074

2,012

1,926

1,865

1,788

1,742

1,689

1,741

1,705

1,652

1,610

1,593

1,404

1,331

Deposits and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

77

-

-

-

-

-

77

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total assets

66,697

74,582

84,225

74,686

82,267

74,468

99,639

110,430

100,619

109,061

114,002

86,211

88,574

102,124

4,047

7,069

9,667

105,188

14,302

15,443

17,112

20,958

26,685

18,407

21,630

15,669

17,967

20,202

23,047

27,183

18,772

21,031

23,282

17,943

20,041

21,303

23,839

Liabilities and Stockholders' (Deficit) Equity
Current liabilities:
Accounts payable

9,528

9,902

10,157

9,262

8,146

15,292

13,359

14,345

18,840

18,327

16,194

18,074

6,449

13,650

894

462

431

4,684

1,244

1,742

2,017

2,865

2,625

2,544

2,564

2,025

2,098

1,026

835

1,027

918

759

1,042

2,215

672

569

488

Accrued compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

196

246

294

-

594

646

674

848

321

416

331

693

-

-

-

577

-

283

201

-

174

227

637

Accrued expenses

8,613

8,438

10,107

12,102

11,434

9,156

8,634

7,325

6,842

7,500

7,792

7,003

6,265

6,630

262

75

154

6,546

244

224

349

383

221

270

595

291

818

725

388

1,590

1,761

1,613

1,676

1,768

1,028

1,075

1,630

Current portion of long-term debt

34,481

34,449

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payable to related parties

-

-

-

-

-

-

-

-

-

-

-

-

8,505

-

-

-

-

5,074

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred contract revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

62

125

187

250

374

498

1,498

3,343

4,739

5,419

6,790

7,850

7,522

6,081

10,967

6,875

6,665

Deferred rent, short-term portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

16

25

-

41

38

36

33

31

28

26

24

21

19

16

14

12

7

7

5

-

-

-

Total current liabilities

52,622

52,789

20,264

21,364

19,580

24,448

21,993

21,670

25,682

25,827

23,986

25,077

21,219

20,280

1,357

800

906

21,304

2,124

2,651

3,139

4,256

3,386

3,510

3,892

3,532

4,437

5,114

5,980

8,630

9,482

10,513

10,450

10,071

12,842

8,746

9,421

Long-term debt

-

-

34,276

33,863

33,891

21,190

31,028

33,306

33,118

33,321

33,177

33,034

32,882

39,427

-

-

-

49,305

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred rent, long-term portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

16

25

35

45

54

62

69

76

83

88

93

98

105

105

107

50

-

-

Deferred contract revenue, long-term portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

208

415

-

-

1,417

3,535

625

5,500

7,210

Warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,912

-

-

600

850

1,300

1,700

2,300

2,100

3,100

2,350

2,900

3,100

3,400

3,700

4,100

3,600

2,100

3,900

4,200

Convertible debt

18,632

18,554

18,527

-

-

0

-

-

-

-

-

-

-

-

-

-

-

20,498

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term liabilities

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term liabilities

896

1,116

1,209

1,422

3,254

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

72,150

72,459

74,276

56,649

56,725

45,638

53,021

54,976

58,800

59,148

57,163

58,111

54,101

59,707

1,357

800

906

94,019

2,128

2,668

3,765

5,141

4,731

5,265

6,254

5,701

7,614

7,547

9,176

12,238

12,980

14,319

16,073

17,314

15,617

18,146

20,831

Commitments and contingencies

-

-

-

-

-

-

0

0

0

-

0

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Redeemable preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

144,937

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders' (deficit) equity:
Common stock; $0.001 par value; 100,000,000 shares authorized; 21,128,101 and 20,951,963 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively

21

21

21

22

22

22

22

22

17

17

17

11

11

11

2

2

33

1

31

25

19

19

19

15

15

13

13

13

13

13

10

73

73

8

60

60

60

Additional paid-in capital

251,502

250,634

250,186

249,791

249,441

249,115

248,761

248,336

225,548

225,122

224,899

191,037

190,795

190,664

-

-

-

-25,215

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated other comprehensive income

3,442

1,630

2,708

2,532

1,613

2,501

2,290

1,792

1,409

1,795

1,629

1,856

1,613

1,471

-

-

-

8

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additional paid-in capital

-

-

-

-

-

-

-

-

-

-

-

-

-

-

87,040

86,916

86,717

-

85,845

84,187

82,132

81,830

81,608

69,631

68,139

59,432

58,414

58,186

58,020

57,845

47,045

46,800

46,650

40,781

40,556

40,418

39,993

Accumulated deficit

-260,418

-250,162

-242,966

-234,308

-225,534

-222,808

-204,455

-194,696

-185,155

-177,021

-169,706

-164,804

-157,946

-149,729

-84,352

-80,650

-77,989

-108,562

-73,703

-71,438

-68,805

-66,033

-59,673

-56,504

-52,778

-49,478

-48,074

-45,544

-44,163

-42,913

-41,263

-40,161

-39,515

-40,161

-36,192

-37,322

-37,046

Total stockholders' (deficit) equity

-5,453

2,123

9,949

18,037

25,542

28,830

46,618

55,454

41,819

49,913

56,839

28,100

34,473

42,417

2,690

6,268

8,760

-133,768

12,173

12,775

13,346

15,816

21,953

13,142

15,375

9,968

10,352

12,654

13,870

14,944

5,792

6,712

7,209

629

4,424

3,156

3,007

Total liabilities and stockholders' (deficit) equity

66,697

74,582

84,225

74,686

82,267

74,468

99,639

110,430

100,619

109,061

114,002

86,211

88,574

102,124

4,047

7,069

9,667

105,188

14,302

15,443

17,112

20,958

26,685

18,407

21,630

15,669

17,967

20,202

23,047

27,183

18,772

21,031

23,282

17,943

20,041

21,303

23,839