Bandwidth inc. (BAND)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Dec'16
Assets
Current assets:
Cash, cash equivalents and restricted cash

491,982

184,414

192,410

140,091

138,871

41,501

48,574

45,806

38,773

37,627

5,366

6,788

Restricted cash

25,878

590

-

-

-

-

-

-

-

-

-

-

Marketable securities

-

-

0

55,839

59,520

17,400

14,936

10,992

8,492

0

-

-

Accounts receivable, net of allowance for doubtful accounts

37,072

30,187

30,030

26,695

27,898

24,009

23,780

23,001

24,404

21,225

18,702

16,838

Prepaid expenses and other current assets

10,149

9,260

8,350

8,541

6,971

6,114

7,839

7,395

6,953

3,767

6,157

2,318

Deferred costs

1,792

2,498

2,522

2,053

2,344

2,630

-

-

-

2,633

-

2,099

Total current assets

566,873

226,949

233,312

233,219

235,604

91,654

95,129

87,194

78,622

65,252

30,225

28,043

Restricted cash

-

-

391

-

-

-

-

-

-

-

-

-

Property and equipment, net

43,905

41,654

36,085

31,799

26,363

25,136

21,770

19,331

15,902

14,946

12,389

11,180

Operating right-of-use asset

19,873

21,031

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

6,439

6,569

6,699

6,829

6,959

7,089

7,219

7,348

7,478

7,643

7,853

8,482

Deferred costs, non-current

3,054

1,952

1,901

1,038

1,433

1,828

1,771

1,811

1,933

2,068

4,903

1,696

Other long-term assets

1,626

1,533

1,250

2,128

1,409

487

769

798

1,047

1,192

1,069

1,011

Goodwill

6,867

6,867

6,867

6,867

6,867

6,867

6,867

6,867

6,867

6,867

6,867

6,867

Deferred tax asset, net

16,639

34,861

34,449

31,615

25,020

17,359

15,568

13,204

3,915

6,526

9,244

12,694

Total assets

665,276

341,416

320,954

313,495

303,655

150,420

149,093

136,553

115,764

104,494

72,550

69,973

Liabilities and stockholders’ equity
Current liabilities:
Accounts payable

5,325

4,190

3,343

3,089

3,369

3,418

4,294

1,786

3,154

3,025

2,518

4,688

Accrued expenses and other current liabilities

23,781

27,328

28,002

24,120

21,768

21,393

20,294

18,531

14,471

15,725

15,783

14,649

Current portion of deferred revenue

5,046

5,177

5,020

4,887

5,421

5,324

7,052

5,607

7,080

5,768

4,710

4,032

Advanced billings

4,851

4,167

4,720

2,676

2,203

2,588

-

-

-

-

-

-

Operating lease liability, current

4,973

4,876

-

-

-

-

-

-

-

-

-

-

Line of credit, current portion

-

-

-

-

-

-

-

-

-

-

0

5,000

Current portion of long-term debt and capital lease obligations

-

-

-

-

-

-

-

-

67

-

2,849

2,101

Total current liabilities

43,976

45,738

41,085

34,772

32,761

32,723

31,640

25,924

24,772

24,518

25,860

30,470

Long-term lease obligations

18,486

19,868

-

-

-

-

-

-

-

-

-

-

Deferred rent, net of current portion

-

-

3,728

3,698

2,660

2,503

-

-

-

716

-

-

Deferred revenue, net of current portion

6,272

5,720

5,755

5,900

6,359

6,424

6,612

6,851

7,113

2,549

2,439

1,712

Convertible senior notes

268,383

0

-

-

-

-

-

-

-

-

-

-

Other liabilities

-

-

-

-

-

-

2,605

2,392

704

-

1,431

609

Long-term debt and capital lease obligations, net of current portion

-

-

-

-

-

-

-

-

-

-

35,501

37,738

Total liabilities

337,117

71,326

50,568

44,370

41,780

41,650

40,857

35,167

32,589

27,783

65,231

70,529

Redeemable convertible preferred stock

-

-

-

-

-

-

-

-

-

-

21,818

21,818

Commitments and contingencies

-

-

-

-

-

-

-

-

-

-

0

0

Stockholders’ equity:
Preferred stock

-

-

-

-

-

0

-

-

-

0

-

0

Class A and Class B common stock

23

24

23

23

23

-

19

19

18

-

12

-

Additional paid-in capital

334,777

275,553

273,970

271,628

267,875

116,600

114,778

110,437

102,743

102,465

10,661

9,356

Accumulated deficit

-6,586

-5,528

-3,572

-2,558

-6,030

-7,848

-6,558

-9,068

-19,580

-25,771

-25,172

-31,742

Accumulated other comprehensive income (loss)

-55

41

-35

32

7

-1

-3

-2

-6

0

-

-

Total stockholders’ equity

328,159

270,090

270,386

269,125

261,875

108,770

108,236

101,386

83,175

76,711

-14,499

-22,374

Total liabilities and stockholders’ equity

665,276

341,416

320,954

313,495

303,655

150,420

149,093

136,553

115,764

104,494

72,550

69,973

Common Class A
Class A and Class B common stock

-

-

-

-

-

13

-

-

-

4

-

-

Common Class B
Class A and Class B common stock

-

-

-

-

-

6

-

-

-

13

-

-