Cynergistek, inc. (CTEK)
Balance Sheet / Yearly
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

3,065

5,328

10,183

10,845

12,386

6,571

6,355

5,001

3,409

4,252

2,749

2,834

3,162

6,090

5,390

4,449

5,348

6,436

5,220

5,088

5,105

4,743

4,274

4,946

4,752

4,668

3,101

2,030

2,684

2,190

-

-

-

1,832

-

-

-

Cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,323

1,581

1,031

-

2,054

1,783

2,249

Accounts receivable

3,331

3,210

3,485

4,810

4,309

5,572

9,389

9,940

10,577

13,264

12,727

11,286

11,974

9,614

7,286

8,712

7,191

7,397

6,985

8,147

7,304

6,808

5,575

4,496

3,592

3,856

4,402

4,914

3,996

4,693

4,316

5,731

2,432

2,032

2,899

1,012

1,160

Unbilled services

617

539

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid and other current assets

1,653

1,205

4,058

3,511

3,763

1,425

1,583

1,569

1,590

557

1,343

1,514

1,018

438

284

490

469

625

808

848

409

214

173

293

345

332

316

262

106

52

173

86

102

74

75

177

331

Income taxes receivable

456

0

0

0

0

472

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current assets held for sale

-

-

201

201

0

8,427

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supplies

-

-

-

-

-

-

1,043

970

1,085

1,156

974

1,073

15

1,087

1,115

1,326

1,412

1,458

1,443

1,135

1,095

1,066

1,020

983

1,039

967

1,113

1,217

1,257

1,059

992

829

656

651

726

666

687

Total current assets

9,124

10,284

17,929

19,369

20,459

22,469

18,372

17,482

16,662

19,229

17,794

16,709

16,170

17,230

14,076

14,978

14,422

15,919

14,458

15,220

13,914

12,831

11,043

10,719

9,729

9,825

8,933

8,424

8,045

7,996

6,805

8,228

4,222

4,591

5,757

3,639

4,429

Property and equipment, net

995

946

757

818

848

1,403

648

732

766

831

900

940

971

689

758

543

554

495

340

291

273

215

206

180

151

160

172

202

218

227

217

204

201

191

185

206

234

Deposits

72

72

79

79

79

87

87

87

87

87

87

87

87

41

-

-

-

58

109

109

34

34

-

-

-

-

-

-

-

-

-

36

-

-

-

-

-

Deferred income taxes

1,858

1,836

1,615

1,615

1,615

2,146

2,930

3,350

3,350

3,120

4,556

5,282

5,282

5,282

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

41

41

41

-

-

-

-

-

34

34

-

34

-

-

-

-

-

-

-

-

-

-

-

Deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

34

-

34

35

35

36

36

-

-

28

-

-

-

Deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

36

-

28

28

28

Loan acquisition costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7

29

51

73

95

121

159

196

233

204

226

248

-

-

Intangible assets, net

8,169

8,585

7,731

8,184

8,637

9,089

9,542

9,995

10,448

10,900

11,601

12,121

12,642

1,112

2,325

2,460

2,595

2,731

2,875

3,018

1,212

1,265

1,317

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

23,983

23,983

17,008

17,008

17,008

17,008

18,525

18,525

18,525

18,525

18,525

18,525

18,525

2,109

3,665

3,665

3,665

3,665

3,665

3,789

2,473

2,473

-

-

-

-

-

-

-

-

-

1,517

1,517

-

1,517

1,517

1,517

Noncurrent assets held for sale

-

-

0

0

0

1,844

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,473

1,517

1,517

1,517

1,517

1,517

1,517

1,517

1,517

-

-

1,517

-

-

-

Total assets

44,203

45,709

45,121

47,075

48,648

54,049

50,106

50,173

49,840

52,695

53,465

53,666

53,679

26,465

20,866

21,689

21,279

22,869

21,448

22,428

17,909

16,820

15,075

12,458

11,461

11,588

10,730

10,273

9,937

9,935

8,772

10,218

6,182

6,555

7,735

5,390

6,209

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable and accrued expenses

675

638

215

432

362

932

3,639

3,944

5,171

9,631

7,817

9,647

9,720

7,736

6,045

7,756

7,979

8,306

8,718

10,274

8,677

7,417

6,384

5,960

5,231

5,057

5,491

5,706

6,495

5,579

5,070

-

-

2,757

-

-

-

Accounts payable and accrued expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,973

3,320

-

3,328

2,563

2,538

Accrued compensation and benefits

453

1,066

920

1,022

1,393

1,592

3,792

2,874

2,715

3,711

3,494

2,890

2,236

2,495

2,560

2,166

1,957

2,856

2,336

2,174

1,299

1,447

1,420

1,452

1,130

1,556

1,244

1,352

954

1,558

1,098

1,123

1,186

1,031

645

734

772

Line of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

200

200

200

200

400

400

400

500

-

528

628

873

-

-

-

-

-

Deferred revenue

2,087

1,437

1,468

1,649

1,262

918

1,144

2,366

1,035

1,425

2,137

1,653

1,794

562

494

599

787

913

901

957

807

921

904

835

848

868

884

922

928

902

866

883

-

381

-

-

-

Income taxes payable

0

31

4,016

4,253

4,840

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Note payable

-

-

0

0

0

343

343

343

343

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of promissory note to related parties

562

562

866

866

839

2,464

3,120

3,121

3,130

5,494

4,758

4,022

3,235

606

613

609

611

598

598

571

-

55

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of operating lease liabilities

580

533

-

-

-

576

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current liabilities held for sale

-

-

0

70

138

7,299

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Convertible notes payable, net of discount of $82,250 at December 31, 2013

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,538

1,553

1,617

1,682

-

-

0

1,581

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

343

-

371

252

255

Advances on convertible debt offering

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

375

-

Current portion of capital lease obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

75

-

61

71

64

71

71

78

85

88

86

82

75

49

53

52

41

Total current liabilities

4,360

4,271

7,487

8,294

8,838

14,689

12,040

12,651

12,396

20,263

18,208

18,213

16,987

11,400

9,714

11,132

11,336

12,675

12,554

13,976

11,060

10,041

8,971

10,057

9,228

9,571

9,774

8,559

8,463

8,657

7,750

8,936

4,926

4,221

4,399

3,976

3,608

Long-term liabilities:
Earnout liability

2,400

2,400

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Promissory note to related parties, less current portion

562

703

843

984

1,125

562

-

-

-

6,000

-

-

-

-

-

-

-

-

-

-

-

333

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Term loan, less current portion

-

-

0

0

0

12,851

14,075

14,683

14,676

9,438

10,033

10,628

11,223

750

875

1,000

1,125

1,250

1,375

1,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Promissory notes, less current portion

-

-

-

-

-

5,015

5,156

5,296

5,437

-

6,750

7,500

8,250

0

-

-

-

-

-

-

-

-

328

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes payable to related parties, net of discount of $3,007 and $30,189 at June 30, 2015 and December 31, 2014, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

49

49

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Convertible notes payable, net of discount of $223,250 at December 31, 2012

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,647

1,612

1,576

-

1,546

1,521

1,485

1,450

-

-

Derivative warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

146

229

126

151

-

-

Derivative additional investment rights liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

300

422

235

243

-

-

Capital lease obligations

-

-

0

0

0

1

77

100

124

147

176

187

268

199

79

82

107

125

153

113

99

49

43

51

32

46

54

70

82

79

78

67

70

80

60

74

79

Earnout liability

-

-

-

-

-

438

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liability, less current portion

144

158

199

268

355

620

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncurrent liabilities held for sale

-

-

0

0

0

58

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total long-term liabilities

3,107

3,262

1,043

1,252

1,480

18,986

19,309

20,081

20,237

15,586

16,959

18,315

19,741

949

954

1,082

1,232

1,375

1,528

1,663

148

383

372

51

32

46

54

1,717

1,694

1,656

1,659

2,059

2,242

1,927

1,904

-

79

Commitments and contingencies

0

0

-

-

-

0

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

-

0

-

-

0

-

-

-

-

-

-

-

0

-

-

Total liabilities

-

-

-

-

-

-

-

-

-

-

35,167

36,529

-

-

-

-

-

-

-

-

-

-

9,344

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders' equity:
Common stock, par value at $0.001, 33,333,333 shares authorized, 10,379,164 shares issued and outstanding at March 31, 2020, and 10,359,164 shares issued and outstanding at December 31, 2019

10

10

9

9

9

9

9

9

9

9

9

9

9

8

24

24

24

8

24

24

-

23

-

-

-

-

-

-

20

-

19

19

19

19

19

19

19

Common stock, par value at $0.001, 33,333,333 shares authorized, 23,752,536 and 23,623,619 shares issued and outstanding at March 31, 2015 and December 31, 2014, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23

-

23

21

20

20

20

20

-

19

-

-

-

-

-

-

-

Additional paid-in capital

35,232

34,821

32,935

32,610

32,319

31,910

31,619

31,458

31,344

31,156

30,995

30,926

30,813

27,985

27,892

27,844

27,727

27,698

27,698

27,651

26,913

26,576

26,591

23,954

23,791

23,491

23,091

22,998

22,879

22,491

22,156

21,356

21,121

20,894

20,809

20,669

20,417

Retained earnings

1,492

3,343

3,645

4,908

6,000

-11,547

-12,872

-14,027

-14,148

-14,320

-12,708

-13,797

-13,871

-13,878

-17,719

-18,393

-19,041

-18,888

-20,357

-20,886

-20,237

-20,204

-20,884

-21,625

-21,612

-21,541

-22,210

-23,022

-23,119

-22,889

-22,813

-22,153

-22,126

-20,507

-19,397

-19,349

-17,915

Total stockholders' equity

36,736

38,175

36,590

37,528

38,329

20,373

18,756

17,440

17,205

16,845

18,297

17,137

16,951

14,115

10,197

9,475

8,710

8,818

7,366

6,788

6,700

6,395

5,730

2,349

2,200

1,970

901

-3

-220

-378

-637

-777

-986

406

1,431

1,339

2,521

Total liabilities and stockholders' equity

44,203

45,709

45,121

47,075

48,648

54,049

50,106

50,173

49,840

52,695

53,465

53,666

53,679

26,465

20,866

21,689

21,279

22,869

21,448

22,428

17,909

16,820

15,075

12,458

11,461

11,588

10,730

10,273

9,937

9,935

8,772

10,218

6,182

6,555

7,735

5,390

6,209