Capstone turbine corporation (CPST)
Balance Sheet / Quarterly
Dec'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'11Mar'11
Assets [Abstract]
Current Assets:
Cash and cash equivalents

16,730

20,898

24,600

29,727

10,681

12,303

13,569

14,408

11,522

10,156

14,139

14,191

14,361

11,106

19,039

11,704

13,470

10,599

22,415

32,221

40,890

46,695

27,859

31,571

28,267

21,598

38,817

41,913

45,217

45,117

49,952

22,871

20,335

22,105

33,456

Restricted cash

-

-

-

-

6,000

6,000

-

5,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash

-

-

-

-

-

-

6,000

-

5,000

5,000

5,000

5,514

5,009

5,006

5,004

5,002

5,000

5,000

5,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable, net of allowances of $267 at December 31, 2019 and $5,298 at March 31, 2019

19,821

18,095

14,820

16,222

13,225

16,531

15,886

15,968

16,078

13,248

12,231

17,003

13,213

12,750

15,734

13,575

13,851

16,164

15,986

13,120

21,580

24,210

28,019

22,046

18,402

23,677

17,941

19,298

15,146

18,453

18,576

25,753

23,212

19,943

19,329

Inventories, net

20,855

19,857

20,481

20,343

18,375

15,477

16,055

15,633

14,223

16,274

15,438

14,538

14,732

16,955

13,809

16,126

20,431

28,688

24,157

23,097

24,896

22,372

18,102

22,086

20,830

25,922

18,513

19,963

19,400

20,086

18,881

25,227

23,460

22,654

19,267

Prepaid expenses and other current assets

3,904

4,178

4,407

3,818

3,905

4,967

5,018

2,803

3,063

2,545

2,583

3,073

3,339

2,208

2,376

2,636

2,941

3,179

2,840

3,063

3,207

2,021

2,217

2,588

2,456

2,152

2,588

3,550

2,724

2,483

2,974

2,069

1,877

2,073

2,369

Total current assets

61,310

63,028

64,320

70,110

52,186

55,278

56,528

53,812

49,886

47,223

49,391

54,319

50,654

48,025

55,962

49,043

55,693

63,630

70,398

71,501

90,573

95,298

76,197

78,291

69,955

73,349

77,859

84,724

82,487

86,139

90,383

75,920

68,884

66,775

74,421

Property, plant, equipment and rental assets, net

7,744

7,186

6,048

5,291

5,150

2,831

2,788

2,859

2,986

2,232

2,007

2,115

2,829

2,796

3,068

3,537

3,854

4,132

4,141

3,523

3,162

2,797

2,891

3,095

3,177

3,401

3,543

3,720

4,120

4,439

4,833

5,007

5,307

5,604

5,939

Non-current portion of inventories

1,229

1,398

1,407

1,403

1,083

1,109

1,103

1,041

1,040

994

887

961

1,949

2,272

2,317

2,143

2,287

2,298

2,273

2,258

2,546

3,047

2,938

2,995

2,980

3,076

3,252

3,389

3,474

2,466

1,313

1,473

1,271

1,217

1,454

Intangible assets, net

19

75

131

187

243

299

355

411

467

523

583

651

736

805

873

941

-

-

-

1,337

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,132

1,200

1,268

-

1,423

1,668

1,790

1,912

2,043

2,191

2,313

2,435

2,557

2,680

2,811

2,976

3,175

3,375

3,574

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,250

Other assets

8,363

8,508

8,492

2,972

3,077

3,125

315

250

290

331

302

225

234

240

208

228

281

283

289

308

318

305

302

308

313

337

371

394

418

442

452

476

454

358

381

Total assets

78,665

80,195

80,398

79,963

61,739

62,642

61,089

58,373

54,669

51,303

53,170

58,271

56,402

54,138

62,428

55,892

63,247

71,543

78,369

78,927

98,022

103,115

84,118

86,601

78,468

82,354

87,338

94,662

93,056

96,166

99,792

85,852

79,091

77,329

87,019

Liabilities and Equity [Abstract]
Current Liabilities:
Accounts payable and accrued expenses

19,351

15,883

15,252

16,638

15,686

14,055

13,560

13,503

12,762

14,096

13,590

14,719

12,126

12,087

13,235

13,187

21,351

25,101

23,440

22,266

23,452

25,691

28,577

28,975

26,777

25,802

24,121

24,463

23,789

23,455

23,061

24,034

19,750

16,917

20,292

Accrued salaries and wages

1,403

1,631

1,360

1,637

1,357

1,562

1,334

1,588

1,260

1,834

1,374

1,819

1,430

1,829

1,521

1,880

1,679

2,067

2,710

2,113

1,443

2,335

1,883

1,533

1,903

2,176

1,721

2,108

1,676

2,146

1,716

1,669

1,592

1,937

1,555

Accrued warranty reserve

2,134

2,331

2,448

2,614

2,569

2,242

1,861

1,682

1,760

2,562

3,073

3,766

4,311

1,327

1,404

1,639

2,200

2,474

3,037

3,183

2,797

2,893

2,965

2,765

2,382

2,717

2,299

2,378

2,330

2,321

1,494

1,413

1,499

1,684

1,081

Deferred revenue

4,941

6,224

7,766

7,167

4,749

5,497

6,529

6,596

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

5,232

4,999

5,877

5,050

4,580

4,520

6,231

4,368

3,958

3,427

3,312

3,051

6,596

2,104

2,657

2,645

2,909

2,572

3,089

6,555

3,012

2,870

2,995

2,814

2,205

1,898

1,153

Revolving credit facility

-

-

-

-

10,736

12,496

10,024

8,527

10,966

9,575

9,484

11,533

8,665

6,178

6,077

9,459

9,600

15,164

16,155

12,953

14,345

11,952

13,228

13,204

11,796

12,755

13,476

12,821

11,940

13,010

10,431

12,911

12,335

6,394

7,080

Current portion of notes payable and lease obligations

471

1,490

1,181

31

-

-

-

192

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of notes payable and capital lease obligations

-

-

-

-

190

39

77

-

318

14

128

302

476

50

128

361

540

142

258

407

559

272

444

612

131

221

361

446

61

190

363

543

33

36

214

Warrant Liability

-

-

-

-

-

-

-

-

-

-

-

-

2,463

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

10

36

340

642

791

1,363

5,854

14,498

20,772

Total current liabilities

28,300

27,559

28,007

28,087

35,287

35,891

33,385

32,088

32,298

33,080

33,526

37,189

34,051

25,991

28,596

30,894

39,328

48,375

48,912

43,973

49,192

45,247

49,754

49,734

45,898

46,253

45,077

48,807

43,148

44,634

40,851

44,747

43,268

43,364

52,147

Deferred revenue - non-current

1,120

987

1,121

1,069

1,163

1,284

1,121

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Term note payable, net

27,657

27,672

27,389

27,099

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term portion of notes payable and lease obligations

5,205

4,482

4,836

212

-

-

-

130

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term portion of notes payable and capital lease obligations

-

-

-

-

246

111

121

-

17

20

23

26

30

33

60

74

77

101

128

89

125

165

201

238

185

210

233

111

130

145

70

59

67

75

83

Other long-term liabilities

-

-

-

342

369

390

403

396

118

136

147

158

168

179

183

184

184

184

178

161

144

50

70

91

112

131

142

152

191

226

254

282

298

307

309

Total liabilities

62,282

60,700

61,353

56,809

37,065

37,676

35,030

32,614

32,433

33,236

33,696

37,373

-

-

-

31,152

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Commitments and contingencies (Note 15)

-

-

-

-

-

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

Stockholders' Equity:
Preferred stock, $.001 par value; 1,000,000 shares authorized; none issued

-

-

-

-

-

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, $.001 par value; 51,500,000 shares authorized, 8,841,634 shares issued and 8,804,910 shares outstanding at December 31, 2019; 7,216,910 shares issued and 7,190,671 shares outstanding at March 31, 2019

9

80

73

7

72

68

64

57

50

45

42

39

36

31

30

24

354

337

332

17

332

331

312

311

306

306

306

306

305

301

300

275

261

260

260

Additional paid-in capital

912,097

910,213

905,221

903,803

901,261

898,108

894,777

889,585

884,126

879,639

877,364

874,697

870,001

866,878

866,653

853,288

846,557

839,743

838,119

837,965

837,209

835,789

805,342

804,407

797,958

797,507

796,767

796,343

795,852

791,249

790,901

764,736

750,618

750,008

747,962

Accumulated deficit

-893,907

-889,000

-884,477

-878,884

-874,928

-871,479

-867,121

-862,225

-860,282

-859,959

-856,291

-852,199

-846,245

-837,336

-831,470

-826,955

-821,636

-815,621

-807,739

-801,764

-787,466

-777,002

-770,231

-766,850

-764,661

-760,773

-753,975

-749,845

-745,368

-739,187

-731,412

-723,098

-714,280

-715,544

-712,648

Treasury stock, at cost; 36,724 shares at December 31, 2019 and 26,239 shares at March 31, 2019

1,816

1,798

1,772

1,772

1,731

1,731

1,661

1,658

1,658

1,658

1,641

1,639

1,639

1,638

-

1,617

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Treasury stock, at cost; 108,153 shares at June 30, 2016 and 103,643 shares at March 31, 2016

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,624

-

1,617

1,576

1,561

1,514

1,514

1,465

1,330

1,330

1,330

1,280

1,212

1,212

1,202

1,202

1,172

1,149

1,141

1,141

1,094

Total stockholders' equity

16,383

19,495

19,045

23,154

24,674

24,966

26,059

25,759

22,236

18,067

19,474

20,898

22,153

27,935

33,589

24,740

23,658

22,883

29,151

34,704

48,561

57,653

34,093

36,538

32,273

35,760

41,886

45,592

49,587

51,161

58,617

40,764

35,458

-

34,480

Total stockholders' equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

33,583

-

Total liabilities and stockholders' equity

78,665

80,195

80,398

79,963

61,739

62,642

61,089

58,373

54,669

51,303

53,170

58,271

56,402

54,138

62,428

55,892

63,247

71,543

78,369

78,927

98,022

103,115

84,118

86,601

78,468

82,354

87,338

94,662

93,056

96,166

99,792

85,852

79,091

77,329

87,019