Avinger inc (AVGR)
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'14
Current assets:
Cash and cash equivalents

9,862

10,943

14,461

14,754

16,707

16,410

10,008

10,144

14,418

5,389

10,170

13,964

23,034

36,096

43,281

22,439

26,882

43,059

54,781

60,697

69,404

12,316

Accounts receivable, net of allowance for doubtful accounts of $19 at March 31, 2020 and December 31, 2019

1,352

1,458

1,301

1,210

1,112

1,154

1,460

1,675

1,354

1,127

1,197

1,489

2,089

3,570

4,693

3,404

4,036

2,060

2,161

1,651

1,292

2,068

Inventories

3,875

3,912

4,112

4,105

3,955

3,422

3,450

3,651

4,007

4,295

5,046

6,699

8,352

8,462

7,080

6,927

6,540

5,405

3,205

3,759

4,045

3,991

Prepaid expenses and other current assets

1,024

311

489

764

1,026

635

731

1,079

1,163

640

880

1,130

1,359

662

773

1,081

1,048

533

680

1,117

1,628

425

Total current assets

16,113

16,624

20,363

20,833

24,113

21,621

15,649

16,549

20,942

11,451

17,293

23,282

34,834

48,790

55,827

33,851

38,506

51,057

60,827

67,224

76,369

18,800

Right of use asset

4,663

4,856

5,192

5,596

1,313

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property and equipment, net

1,387

1,661

1,873

2,006

2,140

2,078

2,065

2,098

2,431

2,950

3,458

3,857

4,175

4,555

4,401

3,918

3,207

2,822

2,451

2,226

2,585

2,608

Other assets

637

684

579

384

-

-

584

584

590

687

220

252

211

212

211

422

453

225

196

1,114

939

3,029

Total assets

22,800

23,825

28,007

28,819

26,253

23,699

18,298

19,231

23,963

15,088

20,971

27,391

39,220

53,557

60,439

38,191

42,166

54,104

63,474

70,564

79,893

24,437

Current liabilities:
Accounts payable

1,385

663

919

1,086

969

1,148

2,158

1,373

2,160

1,273

841

1,150

1,161

1,607

1,326

703

2,312

1,113

464

998

1,654

1,013

Accrued compensation

1,306

1,782

1,189

1,439

1,016

1,197

986

1,197

955

863

1,401

1,909

2,188

2,807

2,823

2,265

3,349

3,083

2,333

2,127

1,359

1,147

Series A preferred stock dividends payable

967

-

2,685

1,790

895

2,918

2,082

1,246

410

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses and other current liabilities

695

654

681

776

906

1,449

577

812

907

3,597

2,151

2,415

3,053

3,067

2,822

2,760

3,413

3,285

-

-

-

4,850

Leasehold liability, current portion

743

722

855

1,063

1,313

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses and other current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,103

3,659

4,476

-

Borrowings, current portion

9,365

8,967

8,578

8,201

7,837

7,486

8,146

7,823

7,521

44,744

43,112

42,487

41,882

41,289

-

-

-

-

-

5,618

3,745

1,873

Total current liabilities

14,461

12,788

14,907

14,355

12,936

14,198

13,949

12,451

11,953

50,477

47,505

47,961

48,284

48,770

6,971

5,728

9,074

7,481

5,900

12,402

11,234

8,883

Leasehold liability, long-term portion

3,921

4,135

4,337

4,533

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings, net of current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

40,713

40,141

29,976

29,565

29,154

14,887

16,747

18,228

Convertible notes and accrued interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,489

9,064

8,609

Other long-term liabilities

10

7

9

11

38

41

187

188

111

301

177

215

257

546

840

1,057

1,298

1,469

1,677

154

258

325

Total liabilities

18,392

16,930

19,253

18,899

12,974

14,239

14,136

12,639

12,064

50,778

47,682

48,176

48,541

49,316

48,524

46,926

40,348

38,515

36,731

36,932

37,303

36,045

Commitments and contingencies (Note 6)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

-

-

-

0

Stockholders’ equity:
Convertible preferred stock issuable in series, par value of $0.001, Shares authorized: 5,000,000 at March 31, 2020 and December 31, 2019, Shares issued and outstanding: 48,503 at both March 31, 2020 and December 31, 2019; aggregate liquidation preference of $48,503 at both March 31, 2020 and December 31, 2019, respectively

-

-

-

-

-

-

0

0

0

-

0

0

-

0

0

0

0

0

0

0

0

0

Common stock, par value of $0.001;, Shares authorized: 100,000,000 at March 31, 2020 and December 31, 2019, Shares issued and outstanding: 16,821,359 and 10,364,663 at March 31, 2020 and December 31, 2019, respectively,

17

10

10

6

59

3

10

8

3

1

1

24

24

1

23

13

13

-

13

12

12

-

Additional paid-in capital

358,577

355,220

351,958

348,505

347,160

338,342

326,947

323,991

323,504

265,636

264,465

259,925

258,590

256,629

250,784

217,175

214,233

211,850

209,535

203,174

201,912

2,665

Accumulated deficit

-354,186

-348,335

-343,214

-338,591

-333,940

-328,885

-322,795

-317,407

-311,608

-301,327

-291,177

-280,734

-267,935

-252,389

-238,892

-225,923

-212,428

-196,261

-182,805

-169,554

-159,334

-146,533

Total stockholders’ equity

4,408

6,895

8,754

9,920

13,279

9,460

4,162

6,592

11,899

-35,690

-26,711

-20,785

-9,321

4,241

11,915

-8,735

1,818

15,589

26,743

33,632

42,590

-143,868

Total liabilities and stockholders’ equity

22,800

23,825

28,007

28,819

26,253

23,699

18,298

19,231

23,963

15,088

20,971

27,391

39,220

53,557

60,439

38,191

42,166

54,104

63,474

70,564

79,893

24,437