Bsquare corp /wa (BSQR)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Current assets:
Cash and cash equivalents

10,044

7,712

6,763

6,333

7,489

10,005

11,392

10,238

10,692

12,859

13,131

9,468

9,704

14,312

12,346

10,619

12,342

16,443

13,385

11,966

9,948

13,127

12,575

11,102

16,845

13,510

13,236

10,771

10,177

9,903

6,897

10,515

7,233

8,505

9,053

8,510

10,814

Restricted cash

600

600

600

600

338

263

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term investments

-

2,249

4,247

5,627

7,173

6,409

5,879

7,623

10,743

11,895

13,627

17,828

21,280

18,888

19,231

16,279

15,284

13,280

15,926

17,464

16,646

13,263

12,646

13,029

6,131

7,295

8,053

9,331

9,245

9,826

11,782

9,402

9,595

9,619

7,652

13,723

11,329

Accounts receivable, net of allowance for doubtful accounts of $65 and $31 at March 31, 2020 and December 31, 2019, respectively

10,092

9,216

8,777

8,957

9,713

11,581

13,124

16,219

16,712

18,014

16,609

17,949

15,751

21,579

19,808

19,377

21,323

19,009

15,560

15,418

13,490

13,626

11,749

11,235

13,130

15,893

12,811

13,614

12,639

16,095

16,586

15,013

17,714

13,403

16,476

13,393

14,128

Contract assets

558

494

629

788

841

1,053

1,030

923

934

937

697

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

11

10

-

-

-

12

12

160

295

296

296

797

344

472

520

145

119

145

Prepaid expenses and other current assets

708

244

426

592

874

685

677

511

832

548

957

1,196

1,474

878

459

784

734

580

514

698

705

717

457

-

-

2,313

-

-

-

-

-

-

-

-

-

-

-

Contract assets

-

-

-

-

-

-

-

-

-

-

-

636

883

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,575

1,808

-

1,300

1,069

1,021

858

910

1,168

1,063

1,281

1,037

780

403

Total current assets

22,002

20,515

21,442

22,897

26,428

29,996

32,102

35,514

39,913

44,253

45,021

47,077

49,092

55,657

51,844

47,059

49,683

49,312

45,395

45,557

40,799

40,733

37,427

36,941

37,926

39,023

35,560

35,080

33,378

36,978

36,972

36,442

36,077

33,328

34,363

36,525

36,819

Restricted cash, long-term

-

-

-

-

263

263

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

250

250

250

250

250

250

250

250

250

250

250

250

875

875

875

875

875

875

875

875

875

875

Deferred tax assets

-

-

7

7

7

-

-

-

-

-

7

6

7

7

32

17

17

145

294

393

391

401

304

304

304

304

210

2,255

2,255

2,255

1,611

2,537

2,388

2,302

2,495

2,376

2,495

Long-term investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

116

116

122

Equipment, furniture and leasehold improvements, less accumulated depreciation

155

252

351

450

989

911

1,306

1,220

954

989

1,019

1,077

1,040

1,089

1,194

1,037

1,088

1,167

1,236

1,159

1,234

1,336

1,405

1,342

1,496

411

561

520

626

759

879

895

985

1,037

946

759

653

Deferred tax assets

7

7

-

-

-

7

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, less accumulated amortization

144

169

193

218

242

267

291

316

341

365

390

415

439

464

493

526

560

594

628

661

695

729

762

796

830

863

897

952

1,010

1,069

1,129

1,214

1,302

1,390

2,064

882

1,049

Goodwill

-

-

-

-

-

-

3,738

3,738

3,738

3,738

3,738

3,738

3,738

3,738

3,738

3,738

3,738

3,738

3,738

3,738

3,738

3,738

3,738

3,738

3,738

3,738

3,738

3,738

3,738

3,738

3,738

3,738

3,738

3,738

3,989

-

-

Right-of-use lease asset, net

1,499

1,828

702

897

1,089

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current assets including contract assets

-

-

-

-

655

550

-

-

164

89

72

82

87

53

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current assets

166

284

361

498

-

-

211

212

-

-

-

-

-

-

54

53

53

52

52

55

54

54

56

57

57

59

93

97

96

117

128

125

126

122

91

94

83

Total assets

23,973

23,055

23,056

24,967

29,673

31,994

37,648

41,000

45,110

49,434

50,247

52,395

54,403

61,008

57,355

52,680

55,389

55,258

51,593

51,813

47,161

47,241

43,942

43,428

44,601

44,648

41,309

43,517

41,978

45,791

45,332

45,826

45,491

42,792

44,939

41,627

42,096

LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Third-party software fees payable

8,579

7,224

7,008

7,378

7,317

7,620

7,882

9,619

10,689

10,547

7,962

9,083

9,111

14,831

11,068

8,403

12,045

11,789

10,184

12,361

10,793

12,247

9,941

9,528

11,424

12,746

11,055

10,090

8,712

11,099

10,763

10,683

10,844

8,460

10,101

9,121

11,132

Accounts payable

457

408

203

680

221

565

329

382

279

375

393

390

372

283

284

328

470

188

285

191

211

165

171

61

187

634

778

510

276

553

202

338

766

695

373

372

261

Accrued compensation

576

1,001

1,332

1,585

1,810

1,629

2,016

1,871

1,902

2,266

2,225

1,693

1,786

2,008

1,924

2,093

1,553

2,390

2,333

2,173

1,738

2,106

1,843

2,160

1,722

2,383

1,986

2,242

1,862

2,205

1,956

2,429

2,263

2,645

2,062

2,207

2,497

Other accrued expenses

771

306

42

65

434

653

535

745

1,114

681

814

661

806

714

741

1,715

1,208

1,277

1,320

1,501

1,374

1,539

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other accrued expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,607

1,661

1,711

1,249

1,332

1,772

1,490

1,732

-

-

-

2,330

-

-

1,467

Deferred rent, current portion

-

-

-

-

-

347

355

347

343

339

335

331

327

321

315

309

304

298

293

287

280

275

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

2,052

1,559

1,806

1,104

1,551

1,652

1,627

-

-

3,219

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease

421

702

835

1,070

1,131

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other accrued expenses and liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,490

2,666

2,022

-

3,949

1,701

-

Deferred revenue

-

-

-

-

-

-

-

1,225

962

-

2,622

2,287

1,908

2,064

1,170

559

742

1,135

705

634

555

712

1,504

2,008

2,707

2,177

1,074

872

998

837

1,568

1,790

1,829

1,233

984

1,516

1,417

Total current liabilities

12,856

11,200

11,226

11,882

12,464

12,466

12,744

14,189

15,289

17,427

14,351

14,445

14,310

20,221

15,502

13,407

16,322

17,077

15,120

17,147

14,951

17,044

15,066

15,418

17,751

19,189

16,225

15,486

13,338

16,426

16,979

17,906

17,724

15,363

17,469

14,917

16,774

Deferred tax liability

-

-

-

-

-

-

-

-

-

-

-

-

-

23

85

87

94

97

141

145

144

144

-

-

-

144

206

206

206

206

-

-

-

210

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

144

144

144

-

-

-

-

-

-

-

-

-

-

-

-

Deferred rent

-

-

-

-

-

150

247

340

429

516

602

689

772

854

937

1,020

1,100

1,177

1,255

1,332

1,404

1,476

1,792

1,780

1,827

644

422

116

133

154

171

178

182

184

187

205

240

Deferred revenue, long-term

548

903

835

1,094

1,162

1,037

799

-

-

61

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease, long-term

1,168

1,256

107

156

374

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue, long-term

-

-

-

-

-

-

-

836

52

-

56

162

115

1,798

2,041

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Commitments and contingencies (Note 10)

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

0

Shareholders' equity:
Long-term tax liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

211

211

211

-

368

-

-

Preferred stock, no par: 10,000,000 shares authorized; no shares issued and outstanding

-

-

-

-

-

-

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

0

Common stock, no par: 37,500,000 shares authorized; 13,098,718 and 13,042,293 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively

139,091

138,877

138,726

138,562

138,448

138,280

138,223

137,932

137,965

137,622

137,187

136,591

136,150

135,660

135,043

134,264

133,774

133,331

132,601

131,962

131,410

131,071

130,709

130,449

129,946

129,423

129,215

128,991

128,730

128,474

128,123

128,203

127,797

127,318

126,682

126,032

124,716

Accumulated other comprehensive loss

-1,022

-987

-1,004

-1,000

-916

-926

-885

-904

-915

-916

-905

-916

-928

-941

-907

-858

-846

-869

-829

-833

-923

-846

-725

-628

-682

-759

-791

-879

-831

-733

-720

-630

-583

-631

-617

-543

-445

Accumulated deficit

-128,668

-128,194

-126,834

-125,727

-121,859

-119,013

-113,480

-111,393

-107,710

-105,276

-101,044

-98,576

-96,016

-96,607

-95,346

-95,240

-95,055

-95,555

-96,695

-97,940

-99,825

-101,648

-103,044

-103,735

-104,385

-103,993

-103,968

-100,403

-99,598

-98,736

-99,432

-100,042

-99,840

-99,652

-99,150

-98,984

-99,189

Total shareholders' equity

9,401

9,696

10,888

11,835

15,673

18,341

23,858

25,635

29,340

31,430

35,238

37,099

39,206

38,112

38,790

38,166

37,873

36,907

35,077

33,189

30,662

28,577

26,940

26,086

24,879

24,671

24,456

27,709

28,301

29,005

27,971

27,531

27,374

27,035

26,915

26,505

25,082

Total liabilities and shareholders' equity

23,973

23,055

23,056

24,967

29,673

31,994

37,648

41,000

45,110

49,434

50,247

52,395

54,403

61,008

57,355

52,680

55,389

55,258

51,593

51,813

47,161

47,241

43,942

43,428

44,601

44,648

41,309

43,517

41,978

45,791

45,332

45,826

45,491

42,792

44,939

41,627

42,096