Aspen aerogels inc (ASPN)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Dec'13
Assets
Current assets:
Cash and cash equivalents

11,786

3,633

1,195

3,322

3,369

3,327

5,177

7,286

9,615

10,694

7,305

6,951

11,228

18,086

21,129

19,737

29,357

32,804

29,964

29,575

33,010

49,719

53,651

56,917

1,574

Marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,504

2,501

-

-

-

-

Accounts receivable, net of allowances of $135 and $144

20,455

32,254

24,362

22,166

22,287

25,565

21,461

20,106

20,134

26,764

17,106

16,492

17,248

17,535

19,625

24,734

23,207

20,624

24,491

19,957

19,260

17,924

20,067

18,549

18,762

Inventories

13,432

8,768

13,459

13,099

9,268

7,318

9,909

12,822

9,974

8,915

13,992

13,255

15,132

12,868

12,902

11,788

6,139

6,532

6,629

6,075

5,905

4,897

6,349

5,490

6,892

Prepaid expenses and other current assets

917

1,114

1,512

1,320

916

1,041

1,410

1,190

1,088

1,289

1,478

1,343

1,192

1,697

1,831

1,635

707

1,687

1,837

2,105

1,195

836

1,025

1,065

791

Total current assets

46,590

45,769

40,528

39,907

35,840

37,251

37,957

41,404

40,811

47,662

39,881

38,041

44,800

50,186

55,487

57,894

59,410

61,647

62,921

60,216

61,871

73,376

81,092

82,021

28,019

Property, plant and equipment, net

51,834

53,617

55,163

57,319

59,648

61,699

71,000

71,988

73,292

76,067

78,073

80,523

82,719

84,394

81,905

81,146

79,539

78,322

77,424

78,149

79,520

71,492

65,879

59,162

62,023

Operating lease right-of-use assets

3,941

4,032

4,277

4,461

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease right-of-use assets

-

-

-

-

4,562

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term assets

100

84

86

75

71

73

76

79

83

86

84

94

97

89

79

147

94

105

100

123

130

175

225

303

191

Total assets

102,465

103,502

100,054

101,762

100,121

99,023

109,033

113,471

114,186

123,815

118,038

118,658

127,616

134,669

137,471

139,187

139,043

140,074

140,445

138,488

141,521

145,043

147,196

141,486

90,233

Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable

8,717

12,596

9,097

10,028

8,571

12,392

7,884

8,395

7,032

10,653

8,886

8,408

14,169

13,065

11,544

12,208

12,745

10,684

9,594

9,791

13,390

14,202

14,736

8,872

7,114

Accrued expenses

3,616

8,057

4,539

4,045

4,230

3,864

3,529

4,710

3,939

5,862

4,685

4,751

4,112

3,987

4,145

4,114

3,441

5,568

4,465

4,081

3,325

5,588

4,705

3,918

4,814

Revolving line of credit

-

3,123

4,863

2,885

3,325

4,181

5,156

3,750

3,750

3,750

-

-

-

-

-

-

-

-

-

-

-

-

0

-

1,000

Deferred revenue

4,840

5,620

6,149

6,915

3,579

2,629

2,811

-

-

1,304

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

1,069

1,038

1,051

1,057

976

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

1,540

1,019

-

1,608

806

789

1,043

753

449

431

681

5,601

2,531

1,362

292

1,440

959

595

Subordinated notes, current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,306

Convertible notes, current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

435

Capital leases, current portion

-

-

-

-

-

-

-

-

-

-

4

12

20

35

41

47

54

67

76

75

77

76

76

76

75

Other current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

241

409

818

37

50

50

50

-

50

Total current liabilities

18,242

30,434

25,699

24,930

20,681

23,066

19,380

18,395

15,740

21,569

15,183

13,977

19,090

18,130

16,483

16,818

16,912

17,409

20,554

16,515

18,204

20,208

21,007

13,825

31,389

Senior convertible notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28,135

Convertible notes, excluding current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

91,439

Capital leases, excluding current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

4

11

17

30

40

52

52

69

89

108

127

165

Deferred rent

-

-

-

-

-

1,218

1,207

1,235

1,263

1,303

1,332

1,335

1,082

971

-

-

-

-

-

-

-

-

-

-

-

Prepayment liability

9,715

9,786

9,820

9,784

9,838

4,485

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepayment liability

-

-

-

-

-

-

4,053

3,989

1,962

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue long-term

-

-

915

1,942

-

-

900

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities long-term

4,139

4,292

4,554

4,762

4,926

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue long-term

-

-

-

-

-

-

-

927

488

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

703

341

136

151

241

-

-

1,030

-

-

-

Other long-term liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,038

1,027

-

1,031

1,085

1,071

Total liabilities

32,096

44,512

40,988

41,418

35,445

28,769

25,540

24,546

19,453

22,872

16,515

15,312

20,172

19,105

17,197

17,176

17,078

17,600

20,847

17,605

19,300

21,327

22,146

15,037

152,199

Commitments and contingencies (Note 7)

-

-

-

-

-

-

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; 5,000,000 shares authorized, no shares issued and outstanding at March 31, 2020 and December 31, 2019

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock, $0.00001 par value; 125,000,000 shares authorized, 26,594,455 and 24,302,504 shares issued and outstanding at 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

Additional paid-in capital

559,688

545,140

544,260

543,249

542,263

541,839

540,970

539,870

538,720

538,088

536,985

535,720

534,346

533,088

532,056

530,696

529,263

527,975

526,737

525,499

524,095

522,800

-

-

270,794

Treasury stock, at cost; 7,727 shares at September 30, 2014 and 0 shares at December 31, 2013

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

Additional paid-in capital

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

521,417

520,405

-

Accumulated deficit

-489,319

-486,150

-485,194

-482,905

-477,587

-471,585

-457,477

-450,945

-443,987

-437,145

-435,462

-432,374

-426,902

-417,524

-411,782

-408,685

-407,298

-405,501

-407,139

-404,616

-401,874

-399,084

-396,367

-393,956

-332,760

Total stockholders’ equity

70,369

58,990

59,066

60,344

64,676

70,254

83,493

88,925

94,733

100,943

101,523

103,346

107,444

115,564

120,274

122,011

121,965

122,474

119,598

120,883

122,221

123,716

125,050

126,449

-61,966

Total liabilities and stockholders’ equity

102,465

103,502

100,054

101,762

100,121

99,023

109,033

113,471

114,186

123,815

118,038

118,658

127,616

134,669

137,471

139,187

139,043

140,074

140,445

138,488

141,521

145,043

147,196

141,486

90,233