BIOMERICA INC BMRA Balance Sheet

Biomerica inc (BMRA)

Balance Sheet / TTM

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Nov'18	Aug'18	May'18	Feb'18	Nov'17	Aug'17	May'17	Feb'17	Aug'16	May'16	Feb'16	Nov'15	Aug'15	May'15	Feb'15	Nov'14	Aug'14	May'14	Feb'14	Nov'13	Aug'13	May'13	Feb'13	Nov'12	Aug'12	May'12	Feb'12	Nov'11	Aug'11	May'11
Assets
Current Assets:
Cash and cash equivalents
2,391	850	807	686	917	1,124	583	1,204	597	817	1,080	1,225	1,541	1,817	1,888	859	642	893	1,088	1,171	1,674	1,646	1,509	1,665	1,647	2,085	2,469	2,318	1,194	1,299	1,077	898	965	1,020	989
Accounts receivable, less allowance for doubtful accounts of $76,681 and $73,110 as of February 29, 2020 and May 31, 2019, respectively
962	1,282	858	1,454	1,077	1,260	1,013	799	1,157	1,055	1,047	1,060	1,071	969	969	919	1,172	1,213	1,111	931	563	788	1,447	1,171	821	903	871	513	-	-	1,200	-	-	-	-
Accounts receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,509	1,373	-	1,343	1,132	865	747
Inventories, net
2,187	2,190	2,206	2,151	2,080	2,115	2,208	2,178	1,953	1,826	1,791	1,729	1,818	1,850	1,863	2,100	2,237	2,109	2,027	2,110	1,989	1,880	1,765	1,938	1,899	1,791	1,571	1,705	1,800	1,820	1,821	1,862	1,669	1,735	1,785
Prepaid expenses and other
197	186	241	202	253	187	311	300	340	399	251	195	212	132	113	102	105	173	164	130	151	135	103	141	186	181	196	224	161	214	210	183	119	130	237
Deferred tax assets, current portion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	74	-	87	87	87	87	144	144	144	144	177	177	177	177	127	127	127	127
Total current assets
5,739	4,510	4,114	4,494	4,329	4,687	4,117	4,484	4,048	4,099	4,171	4,210	4,643	4,768	4,835	3,981	4,158	4,464	4,391	4,430	4,466	4,537	4,913	5,060	4,699	5,105	5,253	4,938	4,842	4,885	4,486	4,413	4,013	3,878	3,886
Equipment
-	-	-	-	-	-	-	1,808	-	-	-	1,549	-	-	1,496	-	-	-	1,442	-	-	-	1,504	-	-	-	1,429	-	-	-	1,185	-	-	-	1,065
Furniture, fixtures and leasehold improvements
-	-	-	-	-	-	-	204	-	-	-	332	-	-	308	-	-	-	270	-	-	-	270	-	-	-	256	-	-	-	244	-	-	-	214
Total property and equipment
-	-	-	-	-	-	-	2,012	-	-	-	1,881	-	-	1,804	-	-	-	1,713	-	-	-	1,775	-	-	-	1,686	-	-	-	1,429	-	-	-	1,279
Accumulated depreciation
-	-	-	-	-	-	-	1,661	-	-	-	1,550	-	-	1,423	-	-	-	1,267	-	-	-	1,160	-	-	-	1,032	-	-	-	844	-	-	-	712
Property and Equipment, net of accumulated depreciation and amortization of $1,688,685 and $1,762,344 as of February 29, 2020 and May 31, 2019, respectively
301	303	323	351	345	348	361	351	318	325	320	331	368	343	380	398	394	410	445	485	532	571	614	640	652	620	654	691	733	604	584	597	545	570	567
Right of Use Assets, net of amortization
1,767	1,823	1,878	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Tax Assets, net of current portion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	670	-	359	359	359	359	85	85	85	85	61	61	61	61	111	111	111	111
Investments
165	165	165	165	165	165	165	165	165	165	165	165	165	165	165	165	165	165	165	165	165	165	165	165	165	165	165	165	165	165	165	165	165	165	165
DEFERRED TAX ASSETS
-	-	-	-	10	10	10	10	41	41	41	41	41	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
DEFERRED TAX ASSETS
-	-	-	-	-	-	-	-	-	-	-	-	-	41	41	998	873	-	744	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intangible Assets, net
114	110	113	107	95	97	104	98	122	139	156	174	193	232	248	264	284	303	321	339	359	370	382	248	154	157	165	172	177	185	194	203	186	195	177
Other Assets
127	124	128	126	122	119	116	113	63	60	58	94	64	58	55	68	65	60	56	51	45	43	36	71	71	71	71	81	-	-	78	-	-	-	-
Other Assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	78	78	-	53	52	50	47
Total Assets
8,215	7,038	6,723	5,245	5,067	5,428	4,875	5,222	4,759	4,831	4,913	5,017	5,476	5,610	5,726	5,875	5,941	6,074	6,124	5,831	5,927	6,047	6,470	6,271	5,827	6,205	6,394	6,110	6,058	5,980	5,570	5,544	5,074	4,971	4,955
Liabilities and Shareholders' Equity
Current Liabilities:
Total
1,267	1,344	943	1,037	889	800	582	686	562	610	440	352	492	263	333	327	315	405	392	352	344	230	441	423	279	324	351	366	333	451	362	451	266	388	451
Accrued compensation
236	239	230	226	223	216	214	209	196	194	186	176	164	181	172	159	153	133	131	130	122	118	114	120	120	211	207	217	212	258	186	185	144	111	138
Equity financing deposit-officer
200	200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease liability, current portion
206	200	194	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Line of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	43	-	-	-	-
Accrued income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25	-	-	-
Loan for equipment purchase
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	11	23	35
Total current liabilities
1,909	1,984	1,368	1,264	1,113	1,016	797	896	759	804	626	528	656	444	506	486	469	539	523	483	466	348	555	543	400	536	559	584	545	710	592	662	422	523	625
Lease Liability, net of current portion
1,624	1,678	1,731	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Liabilities
3,534	3,662	3,100	1,264	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Commitments and Contingencies (Note 6 and 7)
-	-	-	-	-	-	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
Preferred stock, Series A 5% convertible,$0.08 par value, 571,429 shares authorized, issued and outstanding at February 29, 2020 and no shares authorized, issued and outstanding at May 31 2019 and Preferred stock, undesignated, no par value, authorized 4,428,571 and 5,000,000 shares, at February 29, 2020 and none at May 31,2019, respectively and none issued and outstanding at February 29, 2020 and May 31, 2019
45	-	-	-	-	-	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, $0.08 par value authorized 25,000,000 shares, issued and outstanding 10,310,355 and 9,677,188 at February 29, 2020 and May 31, 2019, respectively
824	788	781	774	746	743	716	711	689	682	680	680	680	653	653	612	607	606	605	604	604	604	603	601	582	582	581	564	557	556	556	553	549	549	549
Additional paid-in-capital
26,446	23,223	22,975	22,830	22,049	21,823	21,034	20,843	19,890	19,568	19,557	19,551	19,536	19,399	19,399	18,383	18,337	18,333	18,326	18,318	18,313	18,312	18,309	18,293	18,036	18,035	18,034	17,787	17,742	17,737	17,737	17,697	17,654	17,643	17,643
Common stock subscribed
1,156	15	-	-	6	-	-	9	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Subscriptions receivable
-	-	-	-	-	-	0	-	32	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated other comprehensive loss
-40	-41	-39	-36	-33	-31	-27	-26	-22	-21	-16	-15	-14	-13	-13	-13	-13	-12	-12	-12	-11	-11	-10	-10	-9	-9	-9	-8	-6	-6	-6	-5	-6	-4	-4
Accumulated deficit
-21,439	-20,578	-20,092	-19,586	-18,801	-18,122	-17,645	-17,193	-16,526	-16,203	-15,934	-15,727	-15,381	-14,874	-14,819	-13,593	-13,458	-13,391	-13,319	-13,562	-13,445	-13,207	-12,988	-13,156	-13,183	-12,940	-12,772	-12,816	-12,780	-13,017	-13,309	-13,363	-13,544	-13,739	-13,857
Total Shareholders' Equity
4,680	3,375	3,623	3,980	3,954	4,412	4,078	4,325	3,999	4,026	4,286	4,489	4,819	5,165	5,220	5,389	5,472	5,535	5,600	5,348	5,460	5,698	5,914	5,727	5,426	5,668	5,834	5,526	5,512	5,270	4,978	4,881	4,652	4,447	4,330
Total Liabilities and Shareholders' Equity
8,215	7,038	6,723	5,245	5,067	5,428	4,875	5,222	4,759	4,831	4,913	5,017	5,476	5,610	5,726	5,875	5,941	6,074	6,124	5,831	5,927	6,047	6,470	6,271	5,827	6,205	6,394	6,110	6,058	5,980	5,570	5,544	5,074	4,971	4,955