Avalon globocare corp. (AVCO)
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'14
ASSETS
CURRENT ASSETS:
Cash

635

764

1,072

3,401

1,769

2,252

3,810

3,643

2,125

3,027

356

381

5,431

2,886

-

0

0

109

3

1

0

0

Accounts receivable

-

4

9

100

11

9

134

74

7

10

-

-

-

0

-

-

-

-

-

-

-

-

Accounts receivable - related party

127

215

167

-

-

-

214

144

-

-

166

235

70

70

-

-

-

0

-

-

-

-

Rent receivable

31

23

57

29

48

42

51

38

37

38

56

25

-

0

-

-

-

-

-

-

-

-

Deferred financing costs

275

311

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Security deposit

-

-

24

27

127

127

418

328

28

6

6

30

23

0

-

-

-

-

-

-

-

-

Security deposit - related party

-

-

-

-

-

-

291

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory

-

-

-

13

17

-

27

22

10

2

-

-

-

0

-

-

-

-

-

-

-

-

Prepaid expenses - related parties

-

-

-

-

-

34

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

279

251

475

420

949

1,159

364

707

74

149

36

28

749

749

-

-

-

0

-

-

-

-

Deferred offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6

6

6

-

Total Current Assets

1,348

1,571

1,807

3,992

2,923

3,625

5,312

4,960

2,283

3,234

622

671

6,251

3,706

-

0

0

109

10

7

6

0

NON-CURRENT ASSETS:
Rent receivable - noncurrent portion

98

99

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Right-of-use asset, operating lease

185

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Security deposit - noncurrent portion

-

-

-

-

-

-

0

0

0

25

24

-

-

0

-

-

-

-

-

-

-

-

Prepayment for long-term assets

-

-

25

-

-

-

0

67

47

153

-

-

-

0

-

-

-

-

-

-

-

-

Property and equipment, net

554

601

624

374

398

249

271

143

158

48

46

27

0

0

-

-

-

0

-

-

-

-

Investment in real estate, net

7,695

7,735

7,775

7,810

7,851

7,879

7,920

7,725

7,591

7,623

7,655

7,675

-

0

-

-

-

-

-

-

-

-

Intangible assets, net

-

-

-

1,091

1,173

1,255

1,337

1,419

1,501

1,583

-

-

-

0

-

-

-

-

-

-

-

-

Equity method investment

466

483

436

363

381

385

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Non-current Assets

8,999

8,919

8,861

9,640

9,805

9,770

9,530

-

-

9,434

-

-

-

-

-

-

-

-

-

-

-

-

Total Other Assets

-

-

-

-

-

-

-

9,355

9,299

-

7,726

7,733

24

0

-

-

-

-

-

-

-

-

Total Assets

10,348

10,490

10,669

13,632

12,729

13,395

14,842

14,315

11,582

12,669

8,349

8,404

6,275

3,706

-

0

0

109

10

7

6

0

LIABILITIES AND EQUITY
CURRENT LIABILITIES:
Accrued professional fees

1,425

1,243

-

-

-

166

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued research and development fees

475

650

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued payroll liability

376

373

-

-

-

529

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

-

-

-

47

41

-

106

1

0

0

21

22

-

0

-

-

-

-

-

-

-

-

Accrued liabilities and other payables

373

303

1,503

747

1,291

264

657

299

302

124

343

169

-

22

-

-

-

-

-

-

-

-

Accounts payable and accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

51

-

0

4

5

16

-

3

-

0

Accrued liabilities and other payables - related parties

215

187

154

36

34

114

3

48

25

39

31

40

24

8

-

-

-

18

-

-

-

-

Operating lease obligation

88

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred rental income

-

-

-

13

3

-

3

11

7

12

19

4

-

0

-

-

-

-

-

-

-

-

Loan payable

-

-

-

-

1,000

-

0

1,000

1,500

1,500

2,100

2,100

-

0

-

-

-

-

-

-

-

-

Interest payable

-

-

-

-

100

-

50

24

375

138

-

-

-

-

-

-

-

-

-

-

-

-

Interest payable - related party

-

-

-

14

1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

-

-

-

-

-

-

-

-

-

-

0

0

0

20

-

-

-

0

-

-

-

-

VAT and other taxes payable

-

-

-

10

25

-

13

12

34

2

2

7

6

11

-

-

-

0

-

-

-

-

Tenants' security deposit

79

78

78

64

66

66

73

73

73

92

92

92

-

0

-

-

-

-

-

-

-

-

Derivative liabilities

-

-

2,595

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

-

3

-

Due to related party

-

-

-

100

100

-

250

450

450

450

306

166

97

97

-

26

18

88

8

18

12

2

Refundable deposit

-

-

-

-

-

-

0

2,000

3,000

3,000

3,000

3,000

3,000

0

-

-

-

-

-

-

-

-

Loans from related parties - directors and stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

Total Current Liabilities

3,033

2,835

4,332

1,034

2,663

1,141

1,158

3,922

5,768

5,360

5,917

5,603

3,179

160

0

30

24

122

10

22

16

2

NON-CURRENT LIABILITIES:
Operating lease obligation - noncurrent portion

115

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loan payable

-

-

-

-

-

1,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Note payable - related party

590

590

590

1,000

1,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loan payable - related party

2,900

2,600

-

-

-

-

1,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Derivative liabilities

-

-

-

3,055

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Non-current Liabilities

3,605

3,190

590

4,055

1,000

1,000

1,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Liabilities

6,638

6,025

4,922

5,090

3,663

2,141

2,158

-

-

5,360

-

-

-

-

-

30

24

-

10

22

16

2

Commitments and Contingencies - (Note 13)

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

0

-

-

-

-

EQUITY:
Preferred stock, $0.0001 par value; 10,000,000 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

Common stock, $0.0001 par value; 490,000,000 shares authorized; 77,933,737 shares issued and 77,413,737 shares outstanding at March 31, 2020; 76,730,802 shares issued and 76,210,802 shares outstanding at December 31, 2019

7

7

7

7

7

7

7

7

7

7

6

6

6

6

0

0

0

5

0

0

0

0

Additional paid-in capital

37,130

34,593

31,983

30,375

26,426

24,153

22,822

18,034

12,016

11,490

4,283

3,947

3,819

3,681

60

-

-

84

-

-

-

-

Less: common stock held in treasury, at cost; 520,000 shares at March 31, 2020 and December 31, 2019

522

522

522

522

522

522

522

522

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additional paid in capital

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28

28

-

-

-

-

0

Common stock subscribed, $.04 per share, 660,000 shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

26

-

-

-

Less: common stock held in treasury, at cost; 520,000 and 0 shares at March 31, 2018 and December 31, 2017, respectively

-

-

-

-

-

-

-

-

522

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated deficit

-32,632

-29,361

-23,913

-20,054

-15,697

-11,291

-8,638

-6,293

-4,999

-3,517

-1,743

-1,033

-602

-53

-61

-59

-53

-102

-27

-15

-10

-3

Statutory reserve

6

6

6

6

6

6

6

6

6

6

6

6

6

6

-

-

-

0

-

-

-

-

Accumulated other comprehensive loss - foreign currency translation adjustment

-279

-257

-302

-228

-192

-236

-229

-135

-39

-91

-120

-126

-134

-94

-

-

-

0

-

-

-

-

Total Avalon GloboCare Corp. stockholders' equity and non-controlling interest

3,710

4,465

7,260

9,584

10,027

12,116

13,446

11,097

6,469

7,894

2,431

2,800

3,095

3,546

0

-30

-24

-13

-0

-14

-9

-2

Non-controlling interest

-

-

-1,513

-1,042

-962

-862

-762

-704

-654

-585

-

-

-

0

-

-

-

-

-

-

-

-

Total Equity

3,710

4,465

5,746

8,542

9,065

11,254

12,683

10,393

5,814

7,308

-

-

-

3,546

-

-

-

-

-

-

-

-

Total Liabilities and Equity

10,348

10,490

10,669

13,632

12,729

13,395

14,842

14,315

11,582

12,669

8,349

8,404

6,275

3,706

0

0

0

109

10

7

6

0