Electrocore, inc. (ECOR)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Dec'17
Assets
Current assets:
Cash and cash equivalents

15,620

13,563

6,548

8,731

6,953

7,600

26,263

88,357

13,224

Marketable securities

-

10,495

26,939

32,402

45,412

60,963

-

-

23,950

Debt securities and other investments available for sale

-

-

-

-

-

-

54,246

7,468

-

Accounts receivable, net

272

496

753

500

288

267

227

298

103

Inventories, net

664

890

3,111

4,999

3,589

1,949

1,124

751

327

Prepaid expenses and other current assets

838

1,087

1,597

539

994

1,918

3,096

2,857

570

Deferred financing costs

-

-

-

-

-

-

-

-

856

Total current assets

17,395

26,533

38,949

47,173

57,238

72,698

84,958

99,734

39,033

Inventories, non-current

6,247

6,020

2,010

-

-

-

-

-

-

Property and equipment, net

316

345

371

399

392

380

405

377

168

Operating lease right of use assets

1,336

1,430

1,552

1,665

3,884

-

-

-

-

Other assets

1,067

1,132

1,206

1,310

983

424

-

-

30

Security deposits

-

-

-

-

-

-

60

30

-

Total assets

26,364

35,461

44,090

50,549

62,499

73,504

85,424

100,142

39,232

Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable

3,646

5,208

5,630

2,269

1,859

2,698

-

-

840

Accrued expenses

3,186

3,337

3,717

4,460

3,256

4,374

-

-

-

Note payable

-

111

461

-

-

-

-

-

-

Current portion of operating lease liabilities

514

486

436

383

213

-

-

-

-

Accrued expenses

-

-

-

-

-

-

-

-

3,039

Accounts payable and accrued expenses

-

-

-

-

-

-

4,726

6,885

-

Warrant liability

-

-

-

-

-

-

-

-

2,239

Other current liabilities

-

-

-

-

-

-

40

28

-

Total current liabilities

7,347

9,144

10,245

7,113

5,329

7,073

4,767

6,913

6,119

Noncurrent liabilities:
Deferred rent

-

-

-

-

-

245

262

279

306

Operating lease liabilities

1,282

1,419

1,550

1,679

4,001

-

-

-

-

Total liabilities

8,630

10,564

11,795

8,793

9,331

7,318

5,029

7,193

6,426

Commitments and contingencies

-

-

-

-

-

-

0

0

-

Stockholders' equity:
Total convertible preferred units

-

-

-

-

-

-

-

-

122,274

Common Units, 0 Units authorized at December 31, 2018 and 600,000,000 at December 31, 2017; 0 Units issued and outstanding at December 31, 2018 and 218,982,140 at December 31, 2017

-

-

-

-

-

-

-

-

40,180

Common Stock, par value $0.001 per share; 500,000,000 shares authorized at March 31, 2020 and December 31, 2019; 30,421,427 issued and outstanding at March 31, 2020 and 29,835,183 shares issued and outstanding at December 31, 2019

30

29

29

29

29

29

29

29

-

Additional paid-in capital

108,496

107,752

106,498

105,278

104,551

103,791

102,694

102,033

22,596

Accumulated deficit

-91,438

-83,479

-74,981

-64,293

-52,192

-38,331

-22,995

-9,791

-152,928

Accumulated other comprehensive income/(loss)

9

-41

112

105

144

60

30

41

80

Total stockholders' equity

17,098

24,261

31,658

41,120

52,532

65,550

79,759

-

-90,071

Noncontrolling interest

635

635

635

635

635

635

635

-

604

Total equity

17,733

24,897

32,294

41,755

53,168

66,185

-

-

-

Total equity/(deficit) attributable to electroCore, Inc., subsidiaries and affiliate

-

-

-

-

-

-

-

92,313

-

Noncontrolling interest

-

-

-

-

-

-

-

635

-

Total stockholders'/members' equity/(deficit):

-

-

-

-

-

-

80,394

92,948

-89,467

Total liabilities and stockholders' equity

26,364

35,461

44,090

50,549

62,499

73,504

85,424

100,142

39,232

Series A Preferred Units
Total convertible preferred units

-

-

-

-

-

-

-

-

53,518

Series B Preferred Units
Total convertible preferred units

-

-

-

-

-

-

-

-

68,755