Dynatronics corp (DYNT)
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'11
Assets
Current assets:
Cash and cash equivalents

1,428

431

374

155

414

523

436

1,595

1,497

3,652

5,548

254

3,352

1,665

868

966

1,078

2,134

2,080

3,925

341

199

677

332

132

418

220

302

170

405

285

278

218

254

340

384

Restricted cash

100

100

100

100

-

-

-

100

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Trade accounts receivable, less allowance for doubtful accounts of $103,462 and $89,500 as of March 31, 2020 and June 30, 2019, respectively

6,635

6,940

7,299

7,495

6,853

6,930

8,529

7,810

7,117

7,385

5,842

5,281

2,925

3,384

3,455

3,523

3,337

3,016

3,172

3,346

2,853

2,957

3,162

3,165

2,905

3,001

3,256

3,246

3,633

3,764

3,704

3,667

3,766

3,687

3,862

3,672

Other receivables

-

50

6

-

5

2

60

52

111

139

134

33

29

39

5

10

8

8

8

6

8

9

14

15

14

21

23

27

13

7

9

11

20

27

25

14

Inventories, net

11,322

11,383

11,129

11,527

11,218

10,435

10,524

10,987

12,389

11,605

7,154

7,397

5,783

5,584

5,285

4,997

5,368

5,470

5,465

5,421

6,146

5,980

6,021

6,157

6,237

6,568

6,255

6,407

6,187

6,092

6,090

6,098

6,117

5,833

5,789

5,647

Prepaid expenses and other receivables

764

741

642

634

706

531

866

778

720

893

592

503

221

430

295

256

-

-

-

273

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax receivable

-

-

1

-

59

96

97

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax receivable

-

-

-

-

-

-

-

95

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

226

331

358

-

772

640

426

298

711

696

592

506

-

380

235

-

253

351

287

266

Prepaid expenses and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

265

-

-

226

-

-

-

-

Prepaid income taxes

-

-

-

-

-

-

-

-

-

-

-

-

1

-

-

-

68

340

334

338

-

-

0

-

-

-

0

-

-

-

-

3

3

12

21

28

Current portion of deferred income tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

339

453

417

408

426

427

400

389

422

391

388

368

446

440

431

418

Total current assets

20,252

19,648

19,556

19,913

19,259

18,519

20,513

21,421

21,835

23,676

19,271

13,470

12,312

11,105

9,910

9,754

10,087

11,301

11,421

13,313

10,461

10,241

10,720

10,378

10,428

11,133

10,748

10,879

10,693

11,041

10,714

10,654

10,827

10,607

10,758

10,432

Property and equipment, net

5,157

5,369

5,499

5,677

5,814

5,722

5,917

5,850

5,839

5,970

4,861

4,973

4,578

4,569

4,673

4,777

4,754

4,808

4,919

5,025

5,159

5,280

5,426

2,980

3,070

3,144

3,231

3,324

3,427

3,486

3,594

3,677

3,926

3,769

3,731

3,722

Operating lease assets

3,045

3,311

3,534

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

5,864

6,045

6,226

6,407

6,588

6,769

6,950

7,131

7,312

7,516

2,682

2,754

137

144

152

160

164

175

183

190

201

213

224

235

246

257

268

280

291

302

313

324

335

347

358

369

Goodwill

7,116

7,116

7,116

7,116

7,116

7,116

7,116

7,116

7,872

7,872

4,302

4,302

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

607

505

509

516

516

524

533

532

522

532

629

562

693

538

560

580

561

580

603

623

684

698

716

396

383

409

404

422

445

465

481

482

-

-

-

294

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

286

289

292

-

Deferred income tax assets, net of current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,494

1,243

1,187

303

284

190

247

197

72

71

133

131

25

-

-

-

Total assets

42,043

41,997

42,443

39,631

39,295

38,652

41,031

42,053

43,383

45,568

31,748

26,063

17,721

16,358

15,297

15,272

15,568

16,866

17,127

19,152

18,002

17,676

18,275

14,295

14,413

15,135

14,900

15,104

14,930

15,367

15,238

15,270

15,402

15,014

15,141

14,819

Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable

5,539

5,970

4,923

3,989

4,248

3,090

4,043

3,412

3,320

4,451

3,173

2,334

2,489

2,792

2,755

1,914

1,843

1,844

1,955

2,520

2,330

2,031

2,532

2,433

2,308

2,742

2,453

2,751

-

-

-

2,413

-

-

-

-

Accrued payroll and benefits expense

1,479

1,111

1,229

1,373

1,468

1,270

1,529

1,929

2,019

1,358

1,292

1,472

537

894

761

1,034

448

330

384

263

341

309

322

243

304

265

325

216

338

310

325

215

342

292

391

236

Accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,032

2,245

2,351

-

-

-

-

2,127

Accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,189

2,245

2,150

-

Accrued expenses

767

758

1,050

1,038

1,147

1,050

1,111

830

654

878

592

656

322

286

161

358

51

273

159

279

280

348

199

342

260

346

388

347

270

425

249

386

324

447

358

379

Warranty reserve

207

207

207

207

205

205

205

205

205

205

202

202

153

151

151

152

153

154

153

153

152

152

157

157

158

165

166

178

176

165

181

181

185

185

185

185

Current portion of deferred gain

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

150

150

101

-

-

-

-

-

-

-

-

-

-

-

-

-

Line of credit

6,368

4,819

5,076

6,540

4,793

5,148

5,029

6,286

6,542

6,742

7,103

2,171

2,540

-

-

-

-

733

717

1,909

1,879

1,522

1,172

3,521

3,672

3,676

3,616

3,496

3,874

3,792

3,673

3,497

3,728

2,943

3,191

2,583

Current portion of long-term debt

148

175

173

173

171

169

166

164

161

158

155

151

150

134

132

137

135

125

123

121

124

122

127

302

308

316

321

322

320

314

400

395

389

381

375

368

Current portion of finance lease liability

311

303

299

283

282

226

225

226

202

199

196

193

191

188

185

183

180

178

175

173

170

168

127

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of deferred gain

150

150

150

150

150

150

150

150

150

150

150

150

150

150

150

150

150

150

150

150

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of operating lease liability

902

898

897

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition earn-out liability

0

0

375

500

966

966

1,879

1,379

180

430

294

294

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax payable

7

2

0

16

-

-

-

0

6

9

9

8

-

3

4

2

-

-

-

-

570

575

938

30

33

37

29

21

-

-

-

-

-

-

-

-

Income tax payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11

10

2

-

-

-

-

-

Total current liabilities

15,883

14,398

14,383

14,275

13,435

12,278

14,342

14,585

13,444

14,585

13,169

7,637

6,534

4,602

4,302

3,934

2,962

3,789

3,821

5,571

6,000

5,382

5,677

7,031

7,046

7,550

7,301

7,333

7,024

7,264

7,183

7,088

7,160

6,495

6,653

5,880

Long-term debt, net of current portion

22

38

83

129

173

215

260

303

345

386

422

461

497

471

506

553

588

587

619

651

687

718

751

1,255

1,329

1,403

1,479

1,561

1,642

1,698

1,814

1,916

2,016

2,098

2,164

2,238

Finance lease liability, net of current portion

2,679

2,752

2,830

2,915

2,987

2,858

2,915

2,972

2,935

2,986

3,037

3,087

3,137

3,185

3,234

3,281

3,328

3,374

3,419

3,464

3,509

3,552

3,636

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred gain, net of current portion

1,266

1,303

1,341

1,379

1,416

1,454

1,491

1,529

1,567

1,604

1,642

1,680

1,717

1,755

1,792

1,830

1,868

1,905

1,943

1,980

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liability, net of current portion

2,143

2,412

2,637

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition holdback and earn-out liability, net of current portion

-

-

-

-

0

0

0

875

2,716

2,716

750

750

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred rent

-

-

-

-

-

-

-

-

-

138

131

-

113

104

95

85

74

63

52

41

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

136

136

130

136

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred gain, net of current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,018

2,056

2,142

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital Lease Timing Differental

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28

16

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liabilities, net

-

-

-

-

236

203

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

95

60

85

Other liabilities

190

186

182

177

171

290

285

411

407

-

-

122

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

22,184

21,092

21,459

18,876

18,421

17,301

19,295

20,677

21,416

22,419

19,153

13,739

12,000

10,120

9,931

9,684

8,958

9,856

9,987

11,845

12,244

11,726

12,208

8,286

8,376

8,954

8,781

8,895

8,666

8,963

8,998

9,004

9,176

8,689

8,879

8,204

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

0

0

0

Stockholders' equity:
Preferred stock, no par value: Authorized 50,000,000 shares; 3,681,000 shares and 4,899,000 shares issued and outstanding as of March 31, 2020 and June 30, 2019, respectively

8,770

9,850

11,641

11,641

11,641

11,641

11,641

11,641

11,641

11,641

8,313

8,501

4,636

4,636

3,708

3,708

3,067

3,067

3,087

3,728

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock, no par value: Authorized 100,000,000 shares; 10,407,775 shares and 8,417,793 shares issued and outstanding as of March 31, 2020 and June 30, 2019, respectively

24,962

23,668

21,616

21,320

20,996

20,714

20,455

20,225

20,087

19,802

12,284

11,838

8,174

7,826

7,699

7,545

7,691

7,639

7,625

6,969

7,199

7,183

7,167

7,149

7,132

7,114

7,096

7,078

7,060

7,139

7,116

7,091

7,167

7,148

7,132

7,417

Accumulated deficit

-13,873

-12,614

-12,274

-12,206

-11,764

-11,005

-10,361

-10,490

-9,762

-8,294

-8,003

-8,014

-7,089

-6,224

-6,040

-5,666

-4,148

-3,697

-3,573

-3,391

-1,441

-1,233

-1,100

-1,141

-1,095

-933

-977

-869

-796

-735

-876

-825

-941

-824

-870

-802

Total stockholders' equity

19,859

20,904

20,984

20,755

20,873

21,351

21,736

21,376

21,966

23,149

12,594

12,324

5,721

6,238

5,366

5,588

6,610

7,009

7,139

7,306

5,758

5,949

6,067

6,008

6,036

6,180

6,119

6,208

6,263

6,404

6,239

6,266

6,225

6,324

6,261

6,615

Total liabilities and stockholders' equity

42,043

41,997

42,443

39,631

39,295

38,652

41,031

42,053

43,383

45,568

31,748

26,063

17,721

16,358

15,297

15,272

15,568

16,866

17,127

19,152

18,002

17,676

18,275

14,295

14,413

15,135

14,900

15,104

14,930

15,367

15,238

15,270

15,402

15,014

15,141

14,819