Biolase, inc (BIOL)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Current assets:
Cash and cash equivalents

1,511

5,789

2,091

3,720

2,956

8,044

2,238

2,895

8,479

11,645

4,454

7,916

3,576

8,924

12,650

4,877

6,627

11,699

15,194

19,922

23,739

31,560

2,083

1,835

1,440

4,151

2,101

1,229

2,543

1,295

1,607

2,772

3,307

5,757

10,134

1,694

Restricted cash

312

312

312

312

312

312

202

251

251

251

251

251

251

251

251

200

200

200

-

-

-

0

-

-

-

-

-

-

-

-

106

-

-

-

-

-

Restricted cash equivalent

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

200

200

200

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable, less allowance of $3,560 and $2,531 in 2020 and 2019, respectively

4,749

8,760

8,474

9,740

11,743

11,112

11,399

10,399

9,739

10,124

9,708

9,804

9,220

9,784

9,938

11,036

10,106

8,948

9,243

9,778

9,811

9,004

6,597

8,556

11,127

10,802

11,477

10,644

11,680

10,309

9,576

8,983

8,899

8,074

6,398

3,331

Inventory

12,192

10,995

11,537

12,334

12,023

12,248

13,423

14,008

13,401

12,298

14,102

15,192

14,693

13,523

13,543

11,262

12,567

12,566

14,119

13,680

13,172

12,508

11,850

11,891

11,378

11,745

12,559

11,921

11,142

11,200

10,700

10,337

11,312

9,823

8,029

6,987

Prepaid expenses and other current assets

1,205

1,163

875

952

1,815

1,591

771

1,602

1,714

1,732

1,225

1,287

1,576

1,505

895

1,132

1,609

1,387

1,526

1,631

2,045

1,726

909

1,288

1,909

1,062

1,341

1,637

1,552

1,055

1,300

1,163

1,808

1,199

771

1,355

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

138

-

-

-

-

-

Total current assets

19,969

27,019

23,289

27,058

28,849

33,307

28,033

29,155

33,584

36,050

29,740

34,450

29,316

33,987

37,277

28,507

31,109

34,800

40,282

45,211

48,967

54,798

21,439

23,570

25,854

27,760

27,478

25,431

26,917

23,859

23,427

23,255

25,326

24,853

25,332

13,367

Property, plant, and equipment, net

1,017

1,193

1,340

1,585

1,733

1,975

2,927

3,164

3,424

3,674

4,350

4,572

4,465

4,478

3,856

3,994

3,791

3,727

3,118

2,366

1,747

1,295

1,625

1,749

1,826

1,711

1,581

1,616

1,509

1,501

1,325

1,338

1,148

1,168

1,184

1,331

Intangible assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

23

37

51

65

79

96

114

148

165

183

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

200

217

254

300

114

147

179

212

244

277

342

Goodwill

2,926

2,926

2,926

2,926

2,926

2,926

2,926

2,926

2,926

2,926

2,926

2,926

2,926

2,926

2,926

2,926

2,926

2,926

2,926

2,926

2,926

2,926

2,926

2,926

2,926

2,926

2,926

2,926

2,926

2,926

2,926

2,926

2,926

2,926

2,926

2,926

Right of use asset

135

276

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16

16

15

16

8

8

8

8

13

13

11

Other assets

484

433

718

793

302

308

369

404

450

334

335

335

333

550

551

551

556

747

758

761

958

270

260

247

249

246

245

282

305

356

380

187

187

186

185

170

Total assets

24,531

31,847

28,273

32,362

33,810

38,516

34,255

35,649

40,384

42,984

37,351

42,283

37,040

41,941

44,619

36,001

38,419

42,251

47,149

51,343

54,694

59,403

26,398

28,657

31,038

32,859

32,463

30,524

31,973

28,764

28,213

27,893

29,807

29,390

29,917

18,147

LIABILITIES, REDEEMABLE PREFERRED STOCK AND STOCKHOLDERS' (DEFICIT) EQUITY
Current liabilities:
Short-term loan payable

-

-

-

-

-

-

1,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lines of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,304

2,878

4,633

5,534

5,992

3,261

1,637

2,189

1,935

-

-

-

-

-

Term loan payable, current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

2,622

Accounts payable

4,056

5,332

6,604

5,878

5,894

5,953

7,570

6,932

5,785

5,109

7,679

8,166

9,183

9,125

7,875

6,914

6,971

5,960

9,309

8,849

7,645

8,357

10,016

7,776

8,560

9,346

9,299

8,708

7,663

7,183

6,859

7,524

7,804

5,859

5,035

4,029

Accrued liabilities

4,079

4,744

4,950

4,899

6,713

7,538

5,866

5,575

5,119

5,636

4,713

4,660

5,163

5,778

5,454

4,810

4,529

5,906

5,902

5,913

5,144

5,188

5,907

4,941

4,997

4,484

5,084

4,879

6,267

5,041

5,201

5,442

6,177

5,759

5,437

5,482

Customer deposits

-

-

-

-

-

-

53

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue, current portion

-

-

-

-

-

-

2,263

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer deposits

-

-

-

-

-

-

-

15

41

-

69

125

94

101

78

66

131

85

105

96

176

112

140

150

285

174

174

278

582

252

172

20

165

180

918

5,877

Deferred revenue, current portion

1,982

2,237

2,512

2,513

2,513

2,476

-

2,212

2,187

2,625

2,564

2,663

2,666

3,010

3,042

3,161

2,915

3,155

2,984

3,050

2,798

2,494

3,234

3,275

3,464

3,184

3,123

3,131

3,226

2,990

2,665

2,232

2,136

1,905

2,185

1,650

Term loan (net of discount)

13,562

13,466

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

23,679

25,779

14,066

13,290

15,120

15,967

17,252

14,734

13,132

13,370

15,025

15,614

17,106

18,014

16,449

14,951

14,546

15,106

18,300

17,908

15,763

16,151

22,601

19,020

21,939

22,722

23,672

20,257

19,375

17,655

16,832

15,218

16,282

13,703

13,575

19,660

Lines of credit

-

-

-

-

-

-

-

-

1,823

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes, net

-

-

71

72

72

77

105

106

106

104

843

828

813

798

783

768

753

738

-

-

-

677

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue, long-term

-

-

-

-

-

-

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

723

708

692

-

647

632

617

602

591

556

663

647

630

612

594

598

580

544

Deferred revenue

390

358

-

-

-

-

-

6

8

-

14

17

20

23

52

82

112

142

171

201

231

-

-

-

1

-

-

-

3

5

11

17

25

33

41

433

Loan payable, long-term

-

-

-

-

-

-

50

80

111

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital lease obligation, long-term

-

-

-

-

-

-

-

-

-

-

-

-

-

-

32

74

117

159

201

238

240

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Warranty accrual

246

245

701

735

577

447

375

221

124

70

107

296

487

773

955

866

973

843

1,059

868

640

519

247

-

0

-

-

-

-

-

-

-

-

385

431

424

Other liabilities

1,107

1,123

1,145

1,145

162

100

134

112

143

180

197

224

248

268

288

308

325

338

351

365

-

-

-

-

-

34

34

34

138

142

139

139

337

387

379

133

Term loan

-

-

13,356

13,328

10,906

10,836

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

25,422

27,505

29,339

28,570

26,837

27,427

17,919

15,259

15,447

13,724

16,186

16,979

18,674

19,876

18,559

17,049

16,826

17,326

20,805

20,288

17,566

17,347

23,495

19,652

22,557

23,358

24,297

20,847

20,179

18,449

17,612

15,986

17,238

15,106

15,006

21,194

Commitments and contingencies — Note 11

-

-

-

-

-

-

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

-

-

0

Redeemable preferred stock:
Preferred stock, par value $0.001 per share; 1,000 shares authorized, 70 and 70 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively

3,965

3,965

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders' equity:
Preferred stock, par value $0.001 per share; 1,000 shares authorized; 0 shares issued and outstanding as of September 30, 2019 and December 31, 2018, 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

0

0

0

0

0

Common stock, par value $0.001 per share; 40,000 shares authorized, 31,582 and 31,439 shares issued and 31,537 and 31,439 outstanding as of March 31, 2020 and December 31, 2019, respectively

32

31

22

22

21

21

20

20

102

20

76

76

68

68

68

58

58

58

58

58

58

58

40

40

38

37

34

34

34

33

33

33

33

33

32

27

Additional paid-in-capital

236,384

235,594

230,712

229,972

229,269

228,430

226,696

226,089

225,524

224,992

213,022

212,640

201,577

201,198

200,622

190,402

189,456

188,622

187,529

186,907

185,972

185,231

-

-

148,866

-

-

-

-

140,364

140,140

139,454

-

138,115

137,670

118,375

Additional paid-in-capital

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

154,620

154,274

-

147,676

142,383

141,317

140,747

-

-

-

138,507

-

-

-

Accumulated other comprehensive loss

-719

-701

-840

-711

-725

-670

-607

-610

-492

-576

-599

-689

-846

-876

-732

-756

-702

-801

-747

-757

-790

-557

-282

-273

-274

-297

-385

-376

-320

-374

-412

-297

-360

-283

-163

-324

Accumulated deficit

-240,553

-234,547

-230,960

-225,491

-221,592

-216,692

-209,773

-205,109

-200,197

-195,176

-191,334

-186,723

-182,433

-178,325

-173,898

-170,752

-167,219

-162,954

-160,496

-155,153

-148,112

-142,676

-135,076

-128,637

-123,750

-121,516

-117,467

-114,899

-112,268

-113,309

-112,761

-110,884

-109,212

-107,182

-106,229

-104,726

Stockholders' equity before treasury stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,302

-

24,880

-

-

-

-

-

-

-

-

-

-

-

Stockholders' equity excluding treasury stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25,404

-

25,900

24,565

26,076

28,193

26,714

27,000

28,306

28,968

30,683

31,310

13,352

Treasury stock (Note 8)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16,399

16,399

16,399

16,399

16,399

16,399

16,399

16,399

16,399

16,399

16,399

16,399

16,399

16,399

Total stockholders' (deficit) equity

-4,856

377

-1,066

3,792

6,973

11,089

16,336

20,390

24,937

29,260

21,165

25,304

18,366

22,065

26,060

18,952

21,593

24,925

26,344

31,055

37,128

42,056

2,903

9,005

8,481

9,501

8,166

9,677

11,794

10,315

10,601

11,907

12,569

14,284

14,911

-3,047

Total liabilities, redeemable preferred stock and stockholders' (deficit) equity

24,531

31,847

28,273

32,362

33,810

38,516

34,255

35,649

40,384

42,984

37,351

42,283

37,040

41,941

44,619

36,001

38,419

42,251

47,149

51,343

54,694

59,403

26,398

28,657

31,038

32,859

32,463

30,524

31,973

28,764

28,213

27,893

29,807

29,390

29,917

18,147