Benefitfocus,Inc. BNFT Balance Sheet

Benefitfocus,inc. (BNFT)

Balance Sheet / Yearly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Dec'12	Dec'11
Assets
Current assets:
Cash and cash equivalents
114,714	130,976	130,699	138,389	144,158	190,928	51,065	53,292	54,785	55,335	54,573	59,395	57,671	56,853	50,800	56,929	22,253	48,074	42,992	40,424	68,611	51,074	53,776	55,225	48,824	65,645	84,672	19,703	15,856
Marketable securities
-	-	-	-	-	-	-	-	-	-	0	0	0	2,007	4,510	11,069	15,797	40,448	42,245	48,091	38,820	5,135	7,131	16,468	26,130	13,168	-	-	-
Accounts receivable, net
33,450	33,754	34,672	32,395	28,247	21,077	27,624	26,771	29,678	30,091	33,332	26,952	23,898	28,340	27,538	28,440	31,066	27,616	20,738	20,322	16,670	21,311	17,962	21,367	18,291	23,668	21,177	13,372	9,060
Contract, prepaid and other current assets
21,271	21,523	15,312	17,070	19,039	16,667	10,780	13,776	15,077	15,859	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable, related party, net
-	-	-	-	-	-	-	-	-	-	-	907	3,393	4,626	3,527	2,862	2,216	2,082	1,996	1,603	2,184	-	-	-	-	-	-	-	-
Prepaid expenses and other current assets
-	-	-	-	-	-	-	-	-	-	5,417	6,247	5,838	4,449	5,610	6,147	6,775	5,725	6,296	5,765	5,157	4,242	4,691	5,293	4,784	4,322	2,495	1,482	2,092
Total current assets
169,435	186,253	180,683	187,854	191,444	228,672	89,469	93,839	99,540	101,285	93,322	93,501	90,800	96,275	91,985	105,447	78,107	123,945	114,267	116,205	131,442	81,762	83,560	98,353	98,029	106,803	108,344	34,557	27,008
Property and equipment, net
31,507	28,669	28,689	28,803	27,324	69,965	70,208	71,382	71,233	72,681	75,035	76,410	78,032	80,518	57,874	55,763	54,284	55,037	54,555	54,060	53,993	54,021	43,546	37,739	28,812	27,444	22,580	20,456	22,287
Financing lease right-of-use assets
75,687	78,520	80,665	78,856	80,867	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease right-of-use assets
1,591	1,715	1,868	2,020	2,172	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intangible assets, net
12,099	12,667	13,236	13,804	14,411	0	0	21	86	150	215	279	343	408	472	536	601	665	730	798	874	951	1,027	1,103	1,180	1,256	1,333	1,579	1,913
Goodwill
12,857	12,857	12,857	12,857	12,304	1,634	1,634	1,634	1,634	1,634	1,634	1,634	1,634	1,634	1,634	1,634	1,634	1,634	1,634	1,634	1,634	1,634	1,634	1,634	1,634	1,634	1,634	1,634	1,634
Deferred contract costs and other non-current assets
10,445	11,002	10,150	11,044	12,507	13,668	13,838	14,426	15,262	16,253	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other non-current assets
-	-	-	-	-	-	-	-	-	-	1,014	1,216	1,227	1,575	1,394	1,377	1,345	838	1,169	1,507	1,796	1,650	1,928	2,181	2,387	2,474	-	-	-
Total assets
313,621	331,683	328,148	335,238	341,029	313,939	175,149	181,302	187,755	192,003	171,220	173,040	172,036	180,410	153,359	164,757	135,971	182,119	172,355	174,204	189,739	140,018	131,695	141,010	132,042	139,611	133,891	58,226	52,842
Liabilities and stockholders' deficit
Current liabilities:
Accounts payable
6,300	9,563	8,552	6,623	4,755	8,687	6,868	845	5,557	4,260	1,401	5,146	5,024	5,829	4,189	7,445	3,900	7,953	4,925	6,835	4,567	5,589	3,236	2,955	4,348	4,354	5,596	1,726	853
Accrued expenses
11,937	10,526	10,333	9,217	10,310	11,461	10,582	11,299	10,599	9,110	8,979	8,490	10,133	10,867	14,403	10,269	12,188	10,449	9,302	7,332	6,679	9,171	5,784	4,152	3,023	3,911	3,219	2,453	1,921
Accrued compensation and benefits
11,245	15,246	13,561	15,358	13,989	17,269	13,182	14,707	11,288	14,250	11,926	14,678	10,754	17,347	17,224	17,488	15,380	20,684	20,820	19,242	19,312	17,374	18,265	19,083	16,404	14,183	15,737	9,661	6,559
Deferred revenue, current portion
29,736	33,429	33,911	36,937	36,326	36,540	37,711	36,868	36,167	43,804	32,649	32,307	29,545	35,426	34,899	33,530	33,411	37,858	36,523	31,446	28,735	20,384	18,076	15,838	14,090	15,158	14,192	11,165	8,476
Lease liabilities and financing obligations, current portion
8,240	6,871	7,022	6,245	6,771	4,486	4,115	4,395	3,716	3,423	3,395	3,232	3,154	2,604	2,017	2,885	3,641	3,648	4,383	4,142	4,215	4,197	4,010	3,994	3,324	4,288	1,270	1,228	1,383
Revolving line of credit, current portion
-	-	-	-	-	-	30,000	28,000	24,000	24,000	28,000	20,000	14,000	20,000	15,000	34,000	-	25,000	10,000	-	4,000	-	-	-	-	-	-	-	-
Notes payable, current portion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,420	1,074
Contingent consideration related to acquisition, current portion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	310	328	2,349
Total current liabilities
67,458	75,635	73,379	74,380	72,151	78,443	102,458	96,114	91,327	98,847	86,350	83,853	72,610	92,073	87,732	105,617	68,520	105,592	85,953	68,997	67,508	56,715	49,371	46,022	41,189	41,894	40,324	28,981	22,615
Deferred revenue, net of current portion
4,803	5,079	7,216	9,613	10,569	9,323	9,873	14,100	16,733	11,223	31,149	32,791	39,366	40,412	44,811	50,067	54,699	55,671	56,345	62,776	63,812	74,126	73,326	73,359	68,183	65,063	58,165	46,355	34,297
Convertible senior notes
190,873	187,949	185,069	182,234	179,442	176,692	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revolving line of credit
10,000	0	-	-	-	-	39,246	39,246	39,246	32,246	32,246	32,246	34,246	20,246	20,246	5,246	5,246	5,246	5,246	5,246	5,246	17,657	12,757	12,757	5,757	5,757	5,757	-	-
Lease liabilities and financing obligations, net current portion
82,891	88,572	89,438	87,952	89,095	57,116	56,664	56,765	55,724	55,597	56,132	56,654	57,137	57,934	33,038	33,095	31,812	31,183	31,224	31,257	31,911	32,240	25,210	21,597	15,126	14,263	9,557	9,589	10,683
Notes payable, net of current portion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,561	1,447
Other non-current liabilities
68	92	115	138	162	2,575	2,480	2,589	2,699	2,809	2,304	2,590	2,834	3,056	2,974	2,523	2,361	2,436	2,325	2,292	2,188	2,103	2,189	1,864	1,528	1,202	1,105	871	767
Total liabilities
356,093	357,327	355,217	354,317	351,419	324,149	210,721	208,814	205,729	200,722	208,181	208,134	206,193	213,721	188,801	196,548	162,638	200,128	181,093	170,568	170,665	182,841	162,853	155,599	131,783	128,179	114,908	89,357	69,809
Commitments and contingencies
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
Redeemable convertible preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	135,478	135,478
Stockholders' deficit:
Preferred stock, par value $0.001, 5,000,000 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	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common stock, par value $0.001, 50,000,000 shares authorized, 31,778,075 and 32,788,980 shares issued and 31,775,214 and 32,788,980 shares outstanding at March 31, 2020 and December 31, 2019, respectively
32	33	33	33	32	32	32	32	31	31	31	31	30	30	30	30	29	29	29	29	29	26	26	25	25	24	-	-	-
Additional paid-in capital
420,393	426,025	420,808	416,221	409,973	403,631	365,303	361,765	357,043	352,496	350,667	345,860	342,292	335,059	325,829	320,877	314,998	310,304	307,088	302,798	299,952	223,409	221,385	219,067	215,715	214,487	213,756	-	-
Accumulated deficit
-462,897	-451,702	-447,910	-435,333	-420,395	-413,873	-400,907	-389,309	-375,048	-361,246	-387,659	-380,985	-376,479	-368,400	-361,301	-352,698	-341,694	-328,342	-315,855	-299,191	-280,907	-266,258	-252,569	-233,681	-215,481	-203,079	-194,797	-172,718	-157,368
Total stockholders' deficit
-42,472	-25,644	-27,069	-19,079	-10,390	-10,210	-35,572	-27,512	-17,974	-8,719	-36,961	-35,094	-34,157	-33,311	-35,442	-31,791	-26,667	-18,009	-8,738	3,636	19,074	-42,823	-31,158	-14,589	259	11,432	18,983	-166,609	-152,445
Total liabilities and stockholders' deficit
313,621	331,683	328,148	335,238	341,029	313,939	175,149	181,302	187,755	192,003	171,220	173,040	172,036	180,410	153,359	164,757	135,971	182,119	172,355	174,204	189,739	140,018	131,695	141,010	132,042	139,611	133,891	58,226	52,842