Janone inc. (ARCI)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Dec'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
Cash and cash equivalents

837

481

638

1,370

652

1,195

718

413

2,148

3,313

3,313

1,994

191

809

968

1,709

2,249

2,323

1,969

3,364

3,641

3,558

3,523

2,883

2,534

2,898

1,948

2,131

2,659

3,925

3,174

2,777

3,734

4,036

4,401

4,700

4,477

3,065

Trade and other receivables, net

3,951

6,578

5,877

-

-

5,804

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Trade and other receivables, net

-

-

-

4,870

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Trade and other receivables, net

-

-

-

-

4,612

-

7,295

5,964

5,876

10,036

10,036

11,991

8,789

8,811

10,509

9,569

6,656

11,006

11,536

11,773

11,115

9,417

10,954

11,681

11,839

11,211

12,278

10,796

9,337

6,826

6,256

7,305

6,181

6,144

7,445

8,243

9,435

5,030

Due From Appliancesmart Holdings LLC a subsidiary of Live Ventures Incorporated

-

-

-

-

-

-

0

0

2,550

6,500

6,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes receivable

11

76

148

231

103

101

-

-

-

-

0

0

0

0

16

284

242

-

1,126

-

-

-

709

-

-

-

82

-

-

-

522

-

-

-

392

-

-

-

Inventories

1,313

1,348

1,727

1,018

975

801

926

1,097

1,154

762

762

11,219

12,574

13,182

16,291

16,348

15,932

15,277

16,733

16,278

15,569

16,045

16,113

16,520

17,345

16,207

16,654

15,249

14,040

14,395

17,274

20,516

21,112

20,263

18,456

19,033

16,353

16,593

Income taxes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,441

-

1,405

869

1,180

-

107

111

79

-

263

511

518

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

315

356

854

860

613

1,036

951

1,345

347

506

506

891

2,326

675

761

-

-

1,081

-

905

1,226

914

-

1,368

782

1,069

-

-

-

-

-

-

-

-

-

-

-

-

Other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,657

1,350

1,889

2,107

2,086

1,096

523

523

523

622

1,473

1,301

1,001

1,332

2,157

2,481

1,651

1,028

1,258

1,232

519

Other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

820

1,073

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,301

1,301

-

-

-

-

-

2,082

-

-

-

1,807

-

-

-

0

173

173

173

173

641

641

-

Total current assets

6,427

8,839

9,244

8,349

6,955

8,937

9,890

8,819

12,075

21,117

21,117

26,095

23,880

23,477

28,545

30,031

27,453

32,785

32,714

35,614

34,527

33,200

34,477

33,082

33,134

31,987

33,391

29,912

27,848

26,665

28,558

32,928

33,681

32,267

31,895

33,875

32,138

25,207

Note receivable - ApplianceSmart Holdings, LLC a subsidiary of Live Ventures Incorporated

-

-

2,956

2,719

3,784

3,837

3,822

3,818

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property and equipment, net

313

324

802

740

700

211

539

594

491

538

538

994

7,989

8,262

10,116

10,315

10,566

10,817

10,985

11,125

11,361

11,533

11,761

11,485

11,718

11,258

11,424

11,686

11,728

11,946

12,248

12,469

12,614

12,604

12,535

12,612

12,470

11,747

Right to use asset - operating leases

2,526

1,894

2,163

2,272

1,884

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

1,298

1,298

536

500

500

500

500

500

500

-

-

0

-

-

-

500

-

-

-

0

-

-

-

-

-

-

-

Intangible assets, net

16,763

17,705

18,193

19,122

20,055

21,394

21,921

22,852

23,785

24,718

24,718

25,881

-

-

57

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deposits and other assets

243

272

285

281

-

661

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes, net

203

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

500

-

500

500

500

-

-

-

-

-

-

-

-

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

701

Goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,120

1,120

1,120

1,120

1,120

1,120

1,120

Deposits and other assets

-

-

-

-

641

-

668

356

508

518

518

751

871

676

557

599

583

585

663

708

750

657

708

791

840

881

927

976

1,033

1,069

973

1,062

1,127

1,199

1,232

1,288

1,564

1,060

Deferred taxes

-

-

-

-

-

-

-

-

-

-

-

0

1,487

1,604

2,081

244

244

327

1,984

3

14

14

14

20

21

20

21

24

24

24

25

28

27

28

27

304

306

29

Total assets

26,475

29,034

33,643

33,483

34,019

35,040

36,840

36,439

36,859

46,891

46,891

55,019

35,525

34,555

41,856

41,689

39,346

45,014

46,846

47,950

46,652

45,404

46,960

45,378

45,713

44,646

46,263

43,098

41,133

40,204

41,804

47,607

48,569

47,218

46,809

49,199

47,598

39,864

Liabilities and Stockholders' Equity
Liabilities:
Accounts payable

4,136

4,365

3,726

3,777

3,929

3,169

3,785

2,778

2,555

3,321

3,321

2,592

4,836

5,114

6,143

7,189

7,427

6,726

7,019

7,670

8,261

8,054

6,380

6,765

6,415

5,843

5,880

7,277

5,912

5,449

4,957

5,335

5,566

5,985

4,323

6,788

5,794

4,468

Accrued liabilities - other

3,335

3,938

1,312

1,414

869

1,118

-

-

-

-

1,998

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued liability - California Sales Taxes

5,521

5,438

4,688

4,609

4,735

4,722

-

-

-

-

4,563

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes payable - short term

-

-

-

-

-

-

0

300

-

300

300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued income taxes

-

-

-

-

-

-

12

-77

3

3

3

1,581

1,200

763

0

-

-

-

-

-

-

-

-

145

270

587

-

229

91

-

-

-

-

-

-

1,505

828

60

Checks issued in excess of bank balance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

42

Accrued liabilities

-

-

-

-

-

-

5,869

5,600

4,984

6,561

-

6,227

8,607

8,882

8,888

8,048

8,241

9,868

8,934

7,561

7,890

7,819

8,133

3,939

3,970

4,304

7,886

5,328

4,727

5,179

4,310

4,868

4,936

5,203

4,453

5,709

5,267

4,771

Line of Credit PNC Bank

-

-

-

-

-

-

-

-

-

-

-

0

0

2,374

10,333

9,809

7,786

10,412

12,668

12,407

9,104

8,270

9,237

7,584

8,371

8,336

9,661

6,823

8,058

7,769

10,559

12,457

11,903

8,960

10,685

8,835

10,760

10,139

Short term debt

-

-

791

698

100

-

467

646

300

5,577

5,577

800

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease obligation short term - operating leases

1,247

1,079

1,046

1,049

823

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short term debt

0

280

-

-

-

675

-

-

145

-

-

3,846

2,054

1,241

2,093

2,297

2,803

2,732

1,251

2,363

2,254

2,317

1,138

1,154

1,196

1,122

1,131

1,217

1,204

1,037

955

2,800

955

968

989

1,082

1,089

4,396

Related party note

2,483

2,473

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred Income tax liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

146

146

146

146

-

-

-

0

-

-

-

Total current liabilities

16,722

17,573

11,563

11,547

10,456

9,684

10,133

9,247

7,987

15,762

15,762

15,046

16,697

18,374

27,457

27,343

26,257

29,738

29,872

30,001

27,509

26,460

24,888

19,587

20,222

20,192

24,558

21,020

20,138

19,580

20,927

25,460

23,360

21,116

20,450

23,919

23,738

23,876

Lease obligation long term - operating leases

1,313

850

1,150

1,252

1,084

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes, net

0

270

1,726

2,455

2,848

3,549

-

-

-

-

4,577

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Related party note payable

-

-

2,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred gain, net of current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

122

244

365

487

609

731

853

974

1,096

1,340

Deferred income taxes

-

-

-

-

-

-

3,429

3,723

4,002

4,577

-

8,828

-

-

0

-

-

-

-

1,048

1,048

1,048

1,048

1,092

1,092

1,092

1,092

921

921

921

921

988

875

875

875

-

-

-

Long-term obligations, less current maturities

-

-

-

-

-

-

-

-

-

-

-

0

3,365

2,653

2,826

3,310

3,270

3,463

4,573

3,649

3,872

4,044

5,118

5,357

5,592

5,302

5,447

5,706

5,940

6,150

6,357

4,754

6,830

7,015

7,251

7,411

7,470

2,501

Other noncurrent liabilities

-

-

0

0

44

196

176

148

129

314

314

307

328

338

364

389

402

342

357

270

246

331

369

-

-

-

518

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

18,035

18,693

16,939

15,254

14,432

13,429

13,738

13,118

12,118

20,653

20,653

24,181

20,390

21,365

30,647

31,042

29,929

33,543

34,802

34,968

32,675

31,883

31,423

26,036

26,906

26,586

31,615

27,647

27,121

26,895

28,570

31,689

31,674

29,737

29,429

32,304

32,304

27,717

Commitments and contingencies (Note 15)

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, series A - par value $0.001 per share 2,000,000 authorized, 259,729 shares issued and outstanding at March 28, 2020 and December 28, 2019, respectively

0

0

0

0

0

0

0

0

0

0

0

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock, par value $0.001 per share, 10,000,000 shares authorized, 1,993,578 and 1,919,048 shares issued and outstanding at March 28, 2020 and at December 28, 2019, respectively

2

2

2

2

2

2

8

7

7

7

7

7

22,437

22,428

7

21,730

21,607

21,504

21,466

21,426

21,209

21,224

21,137

21,132

21,010

20,917

20,846

20,773

20,636

20,581

20,577

20,554

20,492

20,456

20,338

20,109

19,989

19,740

Additional paid in capital

39,667

39,291

39,107

-

-

38,660

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated other comprehensive loss

-527

-533

-530

-516

-529

-533

-518

-526

-515

-493

-493

-575

-538

-561

-574

-551

-522

-546

-565

-874

-808

-793

-675

-567

-475

-545

-478

-386

-426

-348

-290

-252

-372

-301

-361

-414

-189

-274

Additional paid in capital

-

-

-

38,660

38,660

-

38,654

37,634

37,634

37,634

37,634

37,393

-

-

22,398

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated deficit

-30,702

-28,419

-21,875

-19,917

-18,546

-16,518

-15,042

-13,794

-12,385

-10,910

-10,910

-5,987

-6,757

-8,820

-11,028

-11,008

-12,132

-10,028

-9,577

-8,731

-7,958

-8,560

-6,860

-3,212

-3,768

-4,360

-7,631

-6,563

-7,697

-8,465

-8,649

-6,586

-5,504

-4,863

-4,797

-4,800

-6,556

-9,258

Total stockholders' equity

8,440

10,341

16,704

18,229

19,587

21,611

23,102

23,321

24,741

26,238

26,238

30,838

15,142

13,047

10,803

10,171

8,953

10,930

11,324

11,821

12,443

11,871

13,602

17,353

16,767

16,012

12,737

13,824

12,513

11,768

11,638

13,716

14,616

15,292

15,180

14,895

13,244

10,208

Non controlling interest

-

-

-

-

-

-

-

-

-

-

-

0

-7

143

406

476

464

541

720

1,161

1,534

1,650

1,935

1,989

2,040

2,048

1,911

1,627

1,499

1,541

1,596

2,202

2,279

2,189

2,200

2,000

2,050

1,939

Total equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,647

9,417

11,471

12,044

12,982

13,977

13,521

15,537

19,342

18,807

18,060

14,648

15,451

14,012

13,309

13,234

15,918

16,895

17,481

17,380

16,895

15,294

12,147

Total liabilities and stockholders' equity

26,475

29,034

33,643

33,483

34,019

35,040

36,840

36,439

36,859

46,891

46,891

55,019

35,525

34,555

41,856

41,689

39,346

45,014

46,846

47,950

46,652

45,404

46,960

45,378

45,713

44,646

46,263

43,098

41,133

40,204

41,804

47,607

48,569

47,218

46,809

49,199

47,598

39,864