Clearone inc (CLRO)
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'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets [Abstract]
Current assets:
Cash and cash equivalents at the end of the period

2,855

4,064

2,010

2,352

4,326

11,211

2,522

4,079

5,577

5,571

3,013

3,367

8,639

12,100

12,273

9,545

13,913

13,412

12,487

10,873

10,865

7,440

8,892

6,293

7,649

17,192

18,190

32,386

42,580

55,509

14,332

10,418

10,577

16,683

13,138

12,396

11,431

Marketable securities

3,342

3,026

1,640

3,092

2,888

951

1,972

2,852

3,132

2,689

3,953

6,147

5,862

5,030

7,060

7,141

5,890

7,161

6,602

6,385

7,314

6,994

5,785

5,401

4,734

3,200

2,017

337

-

0

-

-

-

-

-

-

-

Accounts Receivable, after Allowance for Credit Loss, Current

4,575

5,468

6,319

6,491

6,435

6,782

5,212

5,139

6,247

7,794

8,061

7,213

7,303

7,461

8,483

9,282

8,133

8,692

9,346

8,557

8,593

9,916

9,658

10,187

8,849

9,378

8,442

8,439

7,927

8,388

7,667

7,409

7,100

8,457

-

-

9,951

Accounts and other receivables, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,174

8,924

-

Inventory, Net

10,350

11,441

11,689

12,258

12,331

13,228

13,299

14,380

14,622

14,415

19,695

17,099

14,438

11,377

11,991

12,668

14,470

13,447

14,162

14,340

13,869

12,766

13,280

13,243

12,641

10,758

12,442

12,304

11,604

10,873

11,992

15,064

14,475

12,565

11,912

10,212

8,780

Distributor channel inventories

-

-

-

-

-

-

0

0

0

1,555

1,394

1,511

1,463

1,530

-

-

-

1,628

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distributor channel inventories

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,538

1,669

1,445

-

1,663

1,629

1,540

1,698

-

-

-

1,520

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other assets

1,082

1,184

5,638

1,202

1,882

2,193

2,525

2,339

1,963

1,862

2,207

3,280

3,000

2,642

2,216

2,104

-

1,806

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

729

699

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,824

3,824

3,824

-

3,378

3,378

3,325

3,325

3,148

3,148

3,148

3,148

-

-

-

2,987

-

2,975

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,025

3,025

3,025

-

2,962

-

3,389

Prepaid expenses and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,427

-

1,440

2,545

1,267

2,143

3,270

2,148

7,050

2,693

1,673

1,785

1,793

1,369

1,448

1,501

1,846

740

-

-

446

Total current assets

22,204

25,183

27,296

25,395

27,862

34,365

25,530

28,789

31,541

33,886

38,323

38,617

40,705

40,140

43,561

42,409

46,278

46,146

49,524

48,153

47,272

40,957

44,263

40,650

44,248

48,066

45,912

58,399

67,052

79,287

38,464

37,417

37,023

41,432

40,915

35,206

33,997

Long-term marketable securities

1,095

1,517

2,243

6,854

6,235

3,764

5,757

6,391

7,416

10,349

16,480

19,726

21,102

21,365

20,721

20,287

20,347

19,204

20,434

18,756

18,133

19,162

19,666

20,575

21,645

22,326

23,359

8,873

-

0

-

-

-

-

-

-

-

Total long-term inventory

5,746

6,284

7,143

7,715

8,481

8,953

8,266

8,351

8,565

8,708

2,446

1,707

1,470

1,664

1,753

2,078

2,021

2,018

597

680

690

876

992

754

575

551

1,120

1,609

1,813

1,955

2,432

2,064

2,449

1,905

1,596

2,025

2,617

Property and equipment, net

966

1,044

1,099

1,196

1,280

1,388

1,451

1,423

1,481

1,549

1,587

1,609

1,529

1,513

1,409

1,487

1,468

1,589

1,527

1,811

1,901

2,039

2,106

2,182

2,209

1,825

2,006

1,783

1,790

1,708

-

-

-

2,338

2,521

2,755

-

Operating lease right-of-use assets

2,332

2,459

2,547

2,684

2,818

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property and equipment, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,971

2,135

2,210

-

-

-

2,965

Intangibles, net

15,411

14,009

12,609

11,871

11,102

10,249

9,418

8,511

7,640

6,543

5,283

5,337

5,496

5,677

5,902

6,140

6,368

6,638

6,952

7,267

7,581

7,896

8,767

9,035

6,816

3,710

3,854

3,996

4,115

4,258

5,636

5,858

6,063

2,690

3,247

2,569

-

Goodwill

-

-

-

-

-

-

-

-

-

-

0

12,724

12,724

12,724

12,724

12,724

12,724

12,724

12,724

12,724

12,724

12,724

12,596

12,549

9,872

3,472

3,472

3,472

3,472

3,472

1,939

1,939

1,939

1,153

726

726

726

Deferred income taxes

-

-

-

-

-

-

0

7,458

7,227

6,531

9,875

4,654

4,654

4,654

5,093

5,093

5,020

5,093

1,268

1,278

1,265

5,089

1,303

1,303

980

1,024

1,195

1,195

1,195

1,195

-

-

-

0

-

1,062

913

Other assets

4,592

4,614

197

192

158

196

377

318

316

311

378

369

379

387

117

117

127

117

115

114

115

117

114

99

91

87

77

61

62

64

64

64

67

41

28

18

-

Other Assets, Noncurrent

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18

Total assets

52,346

55,110

53,134

55,907

57,936

58,915

50,799

61,241

64,186

67,877

74,372

84,743

88,059

88,124

91,280

90,335

94,353

93,529

93,141

90,783

89,681

88,860

89,807

87,147

86,436

81,061

80,995

79,388

79,499

91,939

50,506

49,477

49,751

49,559

49,033

44,361

43,981

Liabilities and Equity [Abstract]
Current liabilities:
Accounts payable

2,475

2,871

1,735

1,979

2,326

3,729

3,364

3,528

4,295

4,122

5,811

4,979

4,907

3,545

3,587

2,097

4,195

2,815

2,494

3,033

3,854

3,057

2,852

2,580

3,324

2,730

3,632

3,031

3,912

2,302

1,411

1,285

1,830

2,814

2,357

2,248

2,362

Accrued liabilities

2,723

3,205

2,864

2,813

2,396

1,996

1,668

1,844

1,975

1,843

1,852

2,169

2,045

1,894

2,085

2,251

2,144

2,243

3,036

2,908

2,508

2,694

4,452

2,567

2,627

1,761

2,305

2,009

2,005

2,143

2,568

2,648

2,753

2,234

3,774

2,702

4,573

Contract with Customer, Liability, Current

207

173

227

239

259

283

250

258

282

4,635

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

14,782

-

-

-

300

-

-

-

Deferred product revenue

-

-

-

-

-

-

-

-

-

-

3,870

3,805

3,888

3,882

4,271

4,781

4,203

4,549

4,796

4,744

4,684

5,004

4,980

5,244

4,107

4,158

4,105

4,300

4,192

3,593

3,545

3,451

3,822

3,404

3,704

3,753

4,306

Total current liabilities

5,405

6,249

4,826

5,031

4,981

6,008

5,282

5,630

6,552

10,600

11,533

10,953

10,840

9,321

9,943

9,129

10,542

9,607

10,326

10,685

11,046

10,755

12,284

10,391

10,058

8,649

10,042

9,340

10,109

22,820

7,524

7,384

8,405

8,752

9,835

8,703

11,241

Convertible Notes Payable, Noncurrent

2,272

2,222

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

128

128

129

101

-

-

0

Deferred Rent Credit, Noncurrent

-

-

-

-

-

135

135

138

81

103

39

60

82

103

122

140

154

150

172

196

222

248

256

282

246

286

326

365

401

422

454

487

486

494

506

534

584

Operating Lease, Liability, Noncurrent

1,915

2,021

2,129

2,269

2,406

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

140

140

195

571

570

571

646

686

679

607

1,216

1,286

1,274

1,251

1,260

1,283

1,152

1,203

1,237

1,237

1,304

1,841

2,395

2,544

2,363

1,791

2,029

2,028

2,029

2,029

686

686

563

548

-

456

421

Other long-term liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

587

-

-

Total liabilities

9,732

10,632

7,150

7,871

7,957

6,714

6,063

6,454

7,312

11,310

12,788

12,299

12,196

10,675

11,325

10,552

11,848

10,960

11,735

12,118

12,572

12,844

14,935

13,217

12,667

10,726

12,397

11,733

12,539

25,271

8,792

8,685

9,583

9,895

10,928

9,693

12,246

Shareholders' equity:
Common stock, par value $0.001, 50,000,000 shares authorized, 16,650,725 and 16,650,725 shares issued and outstanding

17

17

17

17

17

17

8

8

8

8

8

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

-

-

9

Additional paid-in capital

58,560

58,520

58,037

57,985

57,923

57,840

47,875

47,750

47,612

47,464

47,300

47,091

46,868

46,669

46,455

45,987

45,568

46,291

45,828

45,513

45,204

44,939

44,645

44,513

44,182

41,311

38,955

39,729

39,991

40,430

40,550

40,265

40,124

40,073

-

-

39,073

Accumulated other comprehensive loss

-233

-176

-172

-44

-137

-181

-208

-174

-113

-65

-49

-83

-155

-205

32

64

-12

-166

-72

-81

-133

-8

83

161

96

23

-33

-87

-

0

-

-

-

-

-

-

-

Treasury stock at cost - 94,744 shares as of September 30, 2012

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

384

-92

-

-

-

-

-

Common stock, par value $0.001; authorized 50,000,000 shares; Issued and outstanding 9,058,206 as of September 30, 2011 8,929,439 as of December 31, 2010

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

9

-

Additional paid-in capital

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

39,935

39,873

-

Accumulated deficit

-15,730

-13,883

-11,898

-9,922

-7,824

-5,475

-2,939

7,203

9,367

9,160

14,325

25,427

29,141

30,976

33,459

33,723

36,940

36,435

35,641

33,224

32,029

31,076

30,135

29,247

29,482

28,992

29,667

28,004

26,960

26,229

1,539

610

35

-418

-1,839

-5,214

-7,347

Balance, end of period

42,614

44,478

45,984

48,036

49,979

52,201

44,736

54,787

56,874

56,567

61,584

72,444

75,863

77,449

79,955

79,783

-

82,569

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

38,105

34,668

-

Total shareholders' equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

82,505

-

81,406

78,665

77,109

76,016

74,872

73,930

73,769

70,335

68,598

67,655

66,960

66,668

41,714

40,792

40,168

39,664

-

-

31,735

Total liabilities and shareholders' equity

52,346

55,110

53,134

55,907

57,936

58,915

50,799

61,241

64,186

67,877

74,372

84,743

88,059

88,124

91,280

90,335

94,353

93,529

93,141

90,783

89,681

88,860

89,807

87,147

86,436

81,061

80,995

79,388

79,499

91,939

50,506

49,477

49,751

49,559

49,033

44,361

43,981

Common Stock, Shares Authorized

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

50,000

50,000

-

-

-

50,000

Common Stock, Shares Issued

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,125

9,098

-

-

-

8,929

Common Stock, Shares Outstanding

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,125

9,098

-

-

-

8,929