Yunhong cti ltd. (CTIB)
Balance Sheet / Yearly
Dec'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
Current assets:
Cash and cash equivalents

845

126

178

175

258

273

452

595

181

324

456

582

563

623

475

195

346

272

204

210

150

171

277

427

666

332

458

447

351

363

261

365

338

437

493

761

Accounts receivable, net

9,011

8,134

8,884

10,602

10,245

9,676

11,877

11,980

11,235

9,481

10,020

12,485

14,838

10,180

9,723

11,742

11,410

10,121

9,210

10,856

11,286

11,114

10,069

9,236

8,883

9,424

7,646

8,398

7,773

7,330

5,673

7,562

7,091

7,251

7,908

8,533

Inventories, net

13,959

18,345

20,519

20,837

17,388

19,831

19,293

21,355

18,865

19,348

18,947

17,964

18,348

22,942

18,950

17,726

17,869

17,702

17,958

17,988

17,755

18,400

16,651

15,842

15,428

15,269

15,058

15,823

15,813

15,045

13,794

13,541

13,338

12,620

11,642

10,368

Net deferred income tax asset

-

-

-

-

-

-

-

-

-

-

-

-

-

749

734

771

761

719

706

736

718

836

820

827

931

882

867

861

846

812

806

757

760

763

773

750

Prepaid expenses

353

556

394

646

834

1,458

672

777

887

665

750

798

678

957

2,240

1,111

1,057

1,291

1,385

1,339

1,983

1,181

1,571

1,139

1,315

1,395

1,586

1,564

1,525

1,321

1,173

1,286

1,345

-

-

582

Other current assets

1,312

1,293

1,342

1,419

784

1,397

1,243

1,190

1,120

675

854

467

530

845

1,266

903

991

748

736

644

578

706

815

765

945

590

609

540

820

658

521

550

427

-

-

430

Receivable from related party

1,387

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current assets of discontinued operations

756

-

-

-

3,499

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,594

1,549

-

Total current assets

27,624

28,456

31,319

33,681

33,010

32,638

33,539

35,898

32,291

30,495

31,029

32,298

34,959

36,298

33,391

32,452

32,437

30,855

30,200

31,775

32,473

32,410

30,205

28,239

28,170

27,894

26,227

27,637

27,129

25,530

22,230

24,063

23,300

22,667

22,367

21,426

Property, plant and equipment:
Machinery and equipment

23,822

23,883

23,880

23,842

23,668

23,582

23,431

23,545

23,439

26,892

26,877

26,582

26,348

26,582

26,513

26,856

26,847

26,764

26,754

26,710

26,739

27,187

27,184

26,984

26,639

26,329

26,000

25,899

25,530

25,089

24,503

24,620

24,333

23,724

23,888

22,900

Building

3,374

3,374

3,374

3,374

3,367

3,367

3,367

3,367

3,367

3,387

3,387

3,379

3,379

3,378

3,378

3,360

3,360

3,360

3,360

3,360

3,360

3,360

3,360

3,360

3,360

3,498

3,360

3,360

3,360

3,329

3,329

3,329

3,329

3,291

3,291

3,260

Office furniture and equipment

2,289

2,692

2,685

2,656

2,573

2,662

2,653

2,613

2,591

-

-

-

3,597

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Office furniture and equipment (VIE $260,000 and $154,000, respectively)

-

-

-

-

-

-

-

-

-

3,277

3,440

3,504

-

3,614

3,568

3,528

3,512

3,493

3,472

3,469

3,473

3,463

3,466

3,381

3,287

3,272

3,195

3,191

3,137

3,080

3,040

3,031

3,022

2,803

2,812

2,718

Intellectual property

783

783

783

783

783

752

752

752

752

752

752

482

482

482

482

482

482

482

482

482

482

482

482

482

482

471

471

432

432

432

432

432

432

432

345

345

Land

250

250

250

250

250

250

250

250

250

250

250

250

250

250

250

250

250

250

250

250

250

250

250

250

250

250

250

250

250

250

250

250

250

250

250

250

Leasehold improvements

415

409

413

411

409

410

402

415

402

415

418

410

395

405

611

625

624

627

643

633

640

655

664

657

586

429

433

444

431

434

423

435

415

422

455

443

Fixtures and equipment at customer locations

518

518

518

518

518

518

518

518

518

3,302

3,302

3,302

3,302

3,187

3,174

3,174

3,174

3,174

3,172

3,160

3,013

3,012

3,012

2,784

2,784

2,784

2,784

2,784

2,784

2,784

2,784

2,784

2,629

2,632

2,632

2,629

Projects under construction

74

189

180

188

150

360

160

123

121

102

169

568

493

629

710

984

773

674

651

697

859

793

668

916

1,009

785

838

663

644

550

766

506

502

1,142

1,217

1,601

Property, Plant and Equipment, Gross

31,528

32,100

32,086

32,024

31,719

31,903

31,535

31,584

31,442

38,380

38,597

38,480

38,249

38,529

38,689

39,261

39,025

38,826

38,786

38,764

38,818

39,203

39,087

38,816

38,400

37,821

37,333

37,025

36,571

35,949

35,529

-

34,915

-

-

-

Property Plant Equipment and Intellectual Property Gross

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

35,389

-

34,699

34,894

34,149

Less : accumulated depreciation and amortization

28,997

28,865

28,657

28,427

27,998

27,925

27,554

27,383

26,886

33,416

33,478

33,253

32,938

33,010

32,924

32,854

32,471

32,112

31,862

31,450

31,062

31,191

30,779

30,244

29,718

29,239

28,783

28,431

27,872

27,448

26,949

26,622

26,071

25,709

25,477

24,489

Total property, plant and equipment, net

2,531

3,235

3,428

3,596

3,720

3,978

3,980

4,201

4,556

4,963

5,119

5,227

5,311

5,518

5,764

6,407

6,553

6,713

6,924

7,314

7,755

8,011

8,308

8,571

8,681

8,581

8,549

8,593

8,699

8,501

8,579

8,767

8,843

8,990

9,416

9,659

Other assets:
Deferred financing costs, net

-

-

-

-

-

-

-

-

-

-

-

-

-

67

82

97

112

125

135

143

157

147

161

179

197

212

233

198

216

204

27

35

42

50

49

63

Goodwill

0

1,473

1,473

1,473

1,473

1,473

1,473

1,473

1,473

1,473

1,473

1,473

1,473

1,473

1,473

1,473

1,473

1,473

1,473

1,473

1,473

1,473

1,473

1,473

1,473

1,033

1,033

1,033

1,033

1,033

1,033

1,033

1,033

1,033

1,033

1,033

Net deferred income tax asset

-

-

-

-

135

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net deferred income tax asset

-

1,051

539

495

-

1,431

1,222

1,373

1,102

2,023

1,868

1,606

1,696

1,171

1,121

1,033

986

914

1,037

974

1,013

858

749

553

317

541

628

536

535

127

69

18

197

448

319

360

Operating lease right-of-use

1,046

1,711

1,872

2,110

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current assets
Other non-current assets

-

3,000

3,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

118

-31

15

-

248

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

-

-

-

26

-

537

527

583

560

408

428

456

473

467

496

254

242

474

177

167

173

162

359

176

230

156

147

141

132

242

220

210

197

184

148

317

Total other assets

165

1,205

900

4,105

1,856

3,442

3,223

3,430

3,135

3,905

3,770

3,535

3,642

3,179

3,174

2,858

2,814

2,987

2,824

2,758

2,817

2,642

2,743

2,381

2,219

1,943

2,042

1,909

1,918

1,607

1,349

1,297

1,470

1,716

1,551

1,775

Other non-current assets of discontinued operations

-

-

-

-

172

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

TOTAL ASSETS

31,321

32,897

35,648

41,384

38,760

40,059

40,743

43,530

39,984

39,364

39,919

41,061

43,913

44,997

42,330

41,718

41,804

40,556

39,949

41,848

43,046

43,064

41,257

39,193

39,071

38,420

36,819

38,141

37,747

35,640

32,159

34,128

33,615

33,375

33,336

32,861

Current liabilities:
Checks written in excess of bank balance

-

244

1,030

654

636

604

8

11

454

518

1,074

1,059

1,688

1,513

1,551

734

1,481

964

566

1,092

1,432

1,044

821

433

704

158

449

1,030

517

821

1,236

1,208

154

1,211

1,059

692

Trade payables

7,021

8,522

8,678

8,680

5,951

5,925

6,270

7,196

5,414

6,101

4,926

6,091

5,861

7,420

4,700

5,083

4,271

5,117

5,218

4,766

4,468

5,579

6,282

5,768

3,573

5,002

5,199

5,203

5,708

4,556

4,990

5,692

6,359

4,559

5,094

4,307

Line of credit

14,518

12,774

12,429

15,351

16,582

14,616

15,477

15,925

13,783

8,567

9,545

9,490

11,263

10,362

11,836

11,278

10,952

10,246

10,072

11,202

12,158

11,654

8,795

6,881

8,769

7,929

5,880

6,321

6,254

5,410

6,390

6,692

7,298

7,605

6,093

8,225

Notes payable - current portion

3,451

3,787

4,522

4,414

4,432

4,867

899

5,341

942

7,445

6,659

6,618

1,709

1,754

153

509

501

537

572

324

328

332

336

339

342

344

348

350

354

351

510

453

362

274

222

276

Notes payable officers - current portion

-

-

-

-

-

-

-

-

-

0

0

0

180

900

-

-

0

-

-

-

-

-

-

0

-

0

0

0

1,123

1,123

1,127

1,127

1,424

1,424

1,424

1,410

Notes payable affiliates - current portion

12

11

11

11

10

11

10

10

9

10

9

9

8

8

8

8

8

8

9

9

9

9

9

9

9

8

8

8

8

7

7

7

6

6

7

6

Operating Lease Liabilities

658

1,268

1,005

1,016

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital Lease - current portion

-

-

-

-

-

0

0

0

7

14

23

47

40

41

42

41

41

40

39

39

38

32

31

31

30

29

29

-

0

-

-

1

-

3

5

5

Accrued liabilities

1,205

1,550

1,705

2,082

1,786

2,116

2,020

2,435

2,047

2,934

2,551

2,435

3,127

2,968

2,732

2,544

2,942

2,455

1,969

2,375

2,493

2,473

2,504

3,046

3,003

2,705

2,768

3,176

2,997

2,299

2,221

2,554

2,081

2,568

2,790

3,027

Current liabilities of discontinued operations

656

-

-

-

807

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

27,524

28,159

29,383

32,211

30,208

28,141

24,687

30,922

22,660

25,590

24,790

25,751

23,879

24,968

21,026

20,200

20,200

19,371

18,447

19,809

20,929

21,125

18,781

16,509

16,432

16,178

14,684

16,090

16,963

14,571

16,484

17,738

17,688

17,655

16,698

17,952

Long-term liabilities:
Notes payable - affiliates

14

221

222

175

167

192

198

213

212

213

213

213

218

223

625

259

266

270

274

279

284

282

287

296

281

129

137

151

141

138

130

145

134

143

163

155

Notes payable, net of current portion

1,024

868

443

639

399

356

4,210

137

4,951

195

205

246

5,301

5,356

6,749

6,734

6,665

6,718

6,767

7,097

7,177

7,258

7,339

7,427

7,511

7,582

7,666

7,753

7,839

7,981

3,624

3,795

3,932

3,825

3,873

2,611

Operating Lease, Liability, Noncurrent

388

443

866

1,094

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes payable - officers, subordinated

1,058

1,042

1,027

1,012

1,597

1,573

1,549

1,526

1,507

1,490

1,465

1,440

1,416

1,392

1,368

1,345

1,323

1,300

1,279

1,257

1,236

1,215

1,195

1,175

1,155

1,136

1,117

1,098

0

0

105

104

103

91

103

360

Other long-term liabilities

184

-

-

-

100

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities of discontinued operations

-

-

-

-

31

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax liability

-

-

-

-

-

0

-

84

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total long-term debt, net of current portion

2,670

2,790

2,817

2,995

2,296

2,255

6,112

2,157

6,878

2,151

2,171

2,201

7,238

7,332

9,154

8,374

8,301

8,343

8,387

8,711

8,784

8,841

8,916

9,001

9,057

8,965

9,046

9,004

7,980

-

-

-

4,171

-

-

-

Warrants Payable

-

-

-

-

-

-

-

-

-

0

794

798

-

893

941

901

714

523

505

565

525

544

638

778

816

675

701

837

721

680

-

-

0

-

-

-

Warrants Payable

-

-

-

-

-

-

-

-

-

-

-

-

817

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total long-term liabilities

2,670

2,790

2,817

2,995

2,296

2,255

6,112

2,157

6,878

2,151

2,965

3,000

8,056

8,226

10,096

9,276

9,015

8,866

8,893

9,277

9,310

9,386

9,555

9,779

9,874

9,640

9,748

9,841

8,701

8,800

3,860

4,045

4,171

4,060

4,140

3,129

Capital Lease

-

-

-

-

-

-

-

-

-

0

0

0

4

14

23

34

45

53

66

76

86

85

93

101

109

117

125

-

0

0

0

0

0

0

0

2

TOTAL LIABILITIES

30,194

214

257

74

32,505

133

153

195

207

251

286

300

297

346

387

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Yunhong CTI, LTD (f/k/a CTI Industries Corporation) stockholders' equity:
Preferred Stock -- no par value, 3,000,000 shares authorized, 0 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

Common stock - no par value, 15,000,000 shares authorized, 3,879,608 shares issued and 3,835,950 shares outstanding

13,898

13,898

13,898

13,898

13,898

13,898

13,898

13,898

13,898

13,898

13,898

13,898

13,898

13,898

13,898

13,898

13,775

13,775

13,775

13,775

13,775

13,585

13,775

13,775

13,775

13,775

13,775

13,775

13,775

13,704

13,704

0

13,704

13,400

13,397

13,394

Paid-in-capital

3,587

3,481

3,461

3,135

2,506

2,410

2,377

2,333

2,271

2,230

2,227

2,223

2,250

2,244

1,601

1,589

1,577

1,568

1,561

1,552

1,542

1,715

1,508

1,488

1,165

1,139

1,115

1,082

1,045

1,054

996

13,704

950

922

887

817

Dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

972

-

-158

0

-

Accumulated earnings

-9,992

-8,007

-6,840

-3,745

-2,865

-51

507

238

720

1,580

1,855

2,381

2,323

1,414

1,594

1,677

1,670

987

778

727

623

241

32

154

109

42

-192

-136

-266

-51

-57

20

-368

-365

-383

-693

Accumulated other comprehensive loss

-5,348

-6,034

-5,753

-5,814

-6,050

-5,475

-5,707

-4,932

-5,365

-5,100

-4,840

-5,282

-5,593

-4,916

-4,680

-4,143

-4,076

-3,911

-3,363

-3,285

-2,901

-2,805

-2,252

-2,441

-2,253

-2,051

-2,001

-2,201

-2,171

-2,197

-2,584

-2,127

-2,285

-1,916

-1,198

-1,592

Less: Treasury stock, 43,658 shares

160

160

160

160

160

160

160

160

160

160

160

160

160

160

160

160

160

160

160

160

160

160

160

141

141

141

141

141

141

141

141

141

141

141

141

141

Total Yunhong CTI, LTD (f/k/a CTI Industries Corporation) stockholders' equity

1,983

3,176

4,605

7,312

7,328

10,620

10,914

11,377

11,363

12,447

12,980

13,060

12,717

12,480

12,253

12,861

12,787

12,260

12,591

12,609

12,880

12,577

12,903

12,835

12,655

12,764

12,556

12,379

12,242

12,369

11,918

12,429

11,860

11,741

12,561

11,784

Noncontrolling interest

-856

-1,229

-1,158

-1,134

-1,072

-958

-971

-927

-919

-825

-817

-750

-739

-678

-1,045

-620

-198

58

17

152

-72

-23

16

68

108

-163

-169

-170

-160

-101

-103

-84

-105

-82

-64

-4

Total Equity

1,126

1,947

3,447

6,177

6,255

9,662

9,942

10,450

10,444

11,622

12,163

12,309

11,977

11,802

11,207

12,240

12,589

12,318

12,608

12,761

12,807

12,553

12,920

12,904

12,764

12,601

12,386

12,209

12,082

12,267

11,815

12,344

11,755

11,659

12,496

11,779

TOTAL LIABILITIES AND EQUITY

31,321

32,897

35,648

41,384

38,760

40,059

40,743

43,530

39,984

39,364

39,919

41,061

43,913

44,997

42,330

41,718

41,804

40,556

39,949

41,848

43,046

43,064

41,257

39,193

39,071

38,420

36,819

38,141

37,747

35,640

32,159

34,128

33,615

33,375

33,336

32,861