Creative realities, inc. (CREX)
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

2,141

2,534

2,240

1,824

2,248

2,718

1,500

5,461

742

1,003

4,585

6,080

3,404

1,352

976

373

339

1,361

264

494

473

573

2,224

187

675

108

1,103

2,204

3,060

2,252

3,465

3,047

4,232

5,478

4,256

3,866

7,064

Accounts receivable, net of allowance of $945 and $617, respectively

3,293

4,663

5,110

6,207

8,024

6,479

5,047

4,760

5,058

5,912

4,616

3,499

1,815

3,998

1,682

1,867

1,006

884

1,842

2,063

2,865

3,463

3,752

944

984

2,354

1,371

1,438

891

1,358

1,154

970

1,125

1,347

1,711

3,283

2,522

Unbilled receivables

72

86

340

116

145

1,202

216

312

316

77

282

175

252

242

398

142

112

81

290

382

174

359

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Work-in-process and inventories, net of reserve of $136 and $134, respectively

714

379

591

768

665

379

391

462

770

851

1,227

619

738

585

588

273

136

82

248

-

-

739

836

97

52

-

126

85

107

158

194

122

123

170

291

329

272

Prepaid expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

348

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Work-in-process and inventories

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

596

574

-

-

-

-

759

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

460

320

286

495

958

1,581

1,249

1,320

1,315

1,030

163

198

167

168

200

467

363

-

217

268

406

355

169

105

135

109

184

158

148

111

-

-

-

193

-

-

-

Prepaid expenses and other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

155

245

162

-

162

244

275

Total current assets

6,680

7,982

8,567

9,410

12,040

12,359

8,403

12,315

8,201

8,873

10,873

10,571

6,376

6,345

3,844

3,122

1,956

2,756

2,861

3,803

4,492

5,489

6,981

1,333

1,846

3,330

2,784

3,885

4,206

3,879

4,968

4,384

5,642

7,188

6,420

7,722

10,133

Operating lease right-of-use assets

1,599

1,728

1,854

1,977

2,122

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term receivables

-

-

-

-

-

-

417

900

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property and equipment, net

1,614

1,553

1,475

1,327

1,329

1,230

1,106

1,154

1,189

1,136

1,100

1,054

974

912

874

851

880

892

902

879

714

746

631

176

214

221

269

316

372

415

464

506

582

651

748

846

1,019

Intangibles, net

4,248

4,407

4,610

4,757

4,904

5,060

-

-

-

875

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,923

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangibles, net

-

-

-

-

-

-

179

411

643

-

1,107

1,389

1,712

2,035

2,357

3,892

4,361

4,831

3,738

4,102

4,470

4,834

4,792

-

-

120

-

-

-

-

-

-

-

-

-

-

-

Goodwill

7,525

18,171

18,265

18,242

18,900

18,900

14,989

14,989

14,989

14,989

14,989

14,989

14,989

14,989

14,989

-

-

14,354

-

-

-

-

9,881

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,989

14,354

-

10,572

10,572

10,572

10,572

-

-

-

1,362

-

-

-

-

-

-

-

-

-

-

-

Security deposit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

84

-

-

-

-

-

-

-

-

-

-

-

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

150

150

50

-

50

50

50

50

50

50

50

50

50

50

50

Other assets

126

135

156

164

170

179

187

122

149

172

166

157

147

138

191

202

184

203

171

252

235

235

154

19

18

0

20

20

20

20

21

20

41

40

40

58

40

TOTAL ASSETS

21,792

33,976

34,927

35,877

39,465

37,728

25,281

29,891

25,171

26,045

28,235

28,160

24,198

24,419

22,255

23,056

21,735

23,036

18,244

19,608

20,483

21,876

24,512

1,678

2,128

5,117

3,123

4,271

4,648

4,364

5,503

4,960

6,315

7,929

7,258

8,676

11,242

LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES
Due to affiliate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

215

-

-

-

-

-

-

-

-

-

-

-

Short-term seller note payable

1,637

1,637

1,637

1,637

2,303

-

1,817

1,551

788

-

6,320

7,321

7,143

7,627

6,632

-

-

150

-

-

-

-

32

-

-

316

-

-

-

-

-

-

-

-

-

-

-

Short-term related party convertible loans payable, at fair value

2,171

2,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans payable, net of discount of $691 and $0, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,936

150

-

200

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current maturities of long term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current maturities of capital lease obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12

8

-

-

-

-

-

-

-

-

-

-

-

-

30

41

51

39

37

Line of credit - bank

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

400

400

400

-

-

-

-

500

500

-

Accounts payable

2,002

1,849

1,341

1,714

2,390

1,995

1,444

2,083

1,528

2,017

2,176

1,797

1,654

3,218

3,093

3,468

3,439

3,601

3,217

3,272

3,207

3,554

2,210

475

413

1,938

469

615

570

584

840

557

622

870

932

1,210

1,563

Refundable loan advance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

150

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses

2,298

2,751

5,791

6,120

5,266

3,847

1,648

3,519

2,916

2,689

2,224

2,390

3,757

2,277

1,388

2,126

2,062

2,318

2,091

1,486

1,022

1,103

2,162

330

407

-

519

464

607

527

677

584

740

569

779

714

571

Accrued expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

341

-

-

-

-

-

-

-

-

-

-

-

Deferred revenues

1,453

772

927

1,312

5,430

6,454

6,752

9,444

6,607

6,721

6,634

6,792

689

753

799

1,704

1,696

1,213

1,589

2,211

2,304

1,977

1,853

492

636

1,809

775

378

668

596

603

585

612

687

625

680

488

Customer deposits

1,350

755

1,689

1,889

1,491

2,687

-

-

-

1,247

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current maturities of operating leases

649

646

643

640

662

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current maturities of finance leases

16

21

25

28

31

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Warrant liability

-

-

-

-

22

21

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer deposits

-

-

-

-

-

-

1,258

1,152

1,276

-

1,842

93

350

606

238

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease termination liability

-

-

-

-

-

-

-

-

474

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends payable

-

-

-

-

-

-

-

-

-

-

107

227

113

-

114

-

-

-

356

274

-

112

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current liabilities

-

-

-

-

-

-

-

75

-

-

-

-

-

-

-

-

-

-

-

-

5

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

11,576

10,431

12,053

13,340

17,595

15,004

12,919

17,824

13,589

12,674

19,303

18,620

13,706

14,481

12,264

11,234

7,347

7,282

8,465

7,251

6,728

6,634

6,257

1,447

1,456

4,619

1,763

1,857

2,245

2,107

2,120

1,726

2,004

2,167

2,887

3,143

2,659

Long-term related party loans payable, net of $422 and $507 discount, respectively

3,869

3,757

3,652

3,547

3,389

3,233

6,558

6,361

5,778

5,465

-

-

-

0

0

0

2,777

2,280

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term seller note payable

-

-

-

-

-

2,303

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term obligations under operating leases

970

1,100

1,225

1,347

1,466

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term obligations under financing leases

-

-

6

11

16

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Warrant liability

-

-

-

-

-

-

623

650

661

858

1,198

1,082

-

705

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liabilities

-

175

99

45

147

128

352

472

589

549

798

736

-

610

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,923

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

3,336

-

1,581

787

1,390

1,649

1,355

1,340

1,240

1,910

2,440

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liabilities

-

-

-

-

-

-

-

-

-

-

-

-

673

-

539

478

421

358

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividend payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

112

-

-

-

190

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

2

5

-

-

3

239

-

-

184

220

224

224

218

-

115

110

111

96

-

-

-

-

322

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal amount of note payable (Note 5)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

less: unamortized discount and debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

619

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long term debt, net of discount and debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

198

986

381

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

344

422

429

434

-

-

-

25

-

-

-

-

-

-

-

-

-

-

-

Capital lease obligations, less current maturities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21

14

-

-

-

-

701

-

-

-

-

-

-

-

-

-

0

21

40

Convertible Notes Payable, (net of discount $264)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

996

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

-

-

-

-

-

-

193

169

-

-

-

-

-

218

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

TOTAL LIABILITIES

16,417

15,468

17,035

18,290

22,616

20,907

20,645

25,476

20,801

19,766

21,523

20,662

17,933

16,014

14,499

12,609

12,158

11,665

10,383

10,013

8,779

9,090

10,942

2,443

2,157

4,644

-

-

-

2,107

-

-

-

-

2,887

3,164

2,699

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

-

-

-

Convertible preferred stock, net of discount (liquidation preference of $0 and $5,692, respectively)

-

-

-

-

-

-

1,802

1,802

1,927

1,927

1,906

3,672

3,685

3,925

3,829

3,904

3,669

3,769

1,725

1,724

1,725

1,532

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Convertible preferred, net of discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,241

-

-

-

-

-

-

-

-

-

-

-

-

-

-

SHAREHOLDERS' EQUITY
Capital stock, $0.01 par value, 66,667 shares authorized, Preferred stock, 16,667 shares authorized, no shares issued and outstanding

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock, $.01 par value, 200,000 shares authorized; 9,795 and 9,775 shares issued and outstanding, respectively

98

98

98

97

97

97

30

28

826

28

830

696

676

22

661

658

646

642

462

462

462

462

462

65

65

285

59

59

59

50

250

232

231

46

195

194

192

Additional paid-in capital

54,102

54,052

53,999

53,937

53,616

53,575

32,763

31,666

30,086

30,555

28,769

23,733

22,022

23,739

21,763

21,736

21,642

21,574

18,236

18,277

18,098

17,439

-

-

-

3,036

-

-

-

-

-

-

-

-

-

-

-

Additional paid-in capital

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

99,760

99,507

-

98,864

98,764

98,677

97,128

96,863

95,552

95,423

95,231

92,024

91,810

91,138

Accumulated deficit

-48,825

-35,642

-36,205

-36,447

-36,864

-36,851

-29,959

-29,081

-28,469

-26,231

-24,793

-20,603

-20,118

-19,281

-18,497

-15,851

-16,380

-14,614

-12,562

-10,868

-8,580

-6,647

-

-100,091

-99,102

-2,848

-97,064

-95,910

-95,834

-94,422

-93,231

-92,051

-90,844

-89,016

-87,362

-85,982

-82,278

Additional paid-in capital and accumulated deficit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,867

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Members' equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated other comprehensive loss-Foreign Currency adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-499

-499

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated other comprehensive loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-499

-499

-499

-499

-499

-499

-499

-499

-486

-510

-509

Total shareholders' equity

5,375

18,508

17,892

17,587

16,849

16,821

2,834

2,613

2,443

4,352

4,806

3,826

2,580

4,480

3,927

6,543

5,908

7,602

6,136

7,871

9,979

11,254

12,329

-765

-29

473

1,360

2,414

2,403

2,257

3,383

3,234

4,311

5,762

4,371

5,512

8,543

TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY

21,792

33,976

34,927

35,877

39,465

37,728

25,281

29,891

25,171

26,045

28,235

28,160

24,198

24,419

22,255

23,056

21,735

23,036

18,244

19,608

20,483

21,876

24,512

1,678

2,128

5,117

3,123

4,271

4,648

4,364

5,503

4,960

6,315

7,929

7,258

8,676

11,242