Edison nation, inc. (EDNT)
Balance Sheet / Yearly
Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17
Assets
Current assets:
Cash and cash equivalents

1,214

1,425

719

2,052

2,061

3,930

1,147

557

Accounts receivable, net

1,889

3,092

2,653

1,877

2,832

1,654

1,878

1,430

Inventory

1,106

1,260

1,361

923

200

227

223

240

Prepaid expenses and other current assets

996

890

1,407

611

1,114

1,159

58

41

Income tax receivable

31

31

82

-

-

-

-

-

Loan held for investment

-

-

-

-

500

500

-

-

Due from related party

-

-

-

-

1,307

1,250

962

834

Total current assets

5,238

6,699

6,224

5,465

8,015

8,723

4,271

3,103

Deferred offering costs

-

-

-

-

-

-

205

-

Property and equipment, net

974

1,011

1,034

998

969

915

943

966

Right of use assets - operating leases, net

810

802

873

0

-

-

-

-

Intangible assets, net

11,873

12,148

12,423

12,687

-

-

-

0

Goodwill

9,736

9,736

9,736

9,736

12,785

-

-

0

Patents

-

-

-

-

53

-

-

-

Total assets

28,633

30,398

30,292

28,888

21,825

9,638

5,420

4,070

Liabilities and stockholders' equity (deficit)
Current liabilities:
Accounts payable

6,932

6,710

6,360

5,519

1,323

1,283

1,793

1,135

Accrued expenses and other current liabilities

1,849

1,787

1,646

1,135

935

386

242

80

Deferred revenues

175

175

175

175

-

-

-

0

Current portion of operating lease liabilities

292

199

263

0

-

-

-

-

Income tax payable

0

0

0

129

-

-

-

56

Line of credit, net of debt issuance costs of $19,466 and $31,145, respectively

452

748

520

531

-

-

-

0

Current portion of long-term debt

-

-

744

-

-

-

-

0

Current portion of notes payable - related parties

1,039

1,016

967

932

-

-

-

225

Due to related party

22

75

97

140

-

-

-

0

Notes payable - current

-

-

-

-

-

-

470

-

Current portion of notes payable - related parties

-

-

-

-

285

264

239

-

Total current liabilities

12,034

12,421

10,776

8,878

2,544

1,934

2,746

1,498

Contingent consideration

520

520

520

520

-

-

-

0

Operating lease liabilities, net of current portion

534

613

613

0

-

-

-

-

Convertible notes payable - related parties, net of debt discount of $439,819 and $466,667 related to the conversion feature, respectively

2,099

1,011

986

961

-

-

-

0

Notes payable, net of current portion

46

49

-

56

-

-

-

-

Long-term debt, net of current portion

-

-

53

-

-

-

-

2,770

Notes payable - related parties, net of current portion

2,342

2,406

2,469

2,531

-

-

-

0

Deferred tax liability

0

-

-

0

-

-

-

-

Notes payable - related parties, non-current net of debt discount

-

-

-

-

3,520

2,653

2,728

-

Notes payable

-

-

-

-

73

-

-

-

Derivative liability put option contract

-

-

-

-

7,415

-

-

-

Deferred tax liability

-

0

0

-

34

34

34

34

Total liabilities

17,577

17,023

15,420

12,948

13,588

4,622

5,509

4,303

Commitments and contingencies (Note 8)

-

-

-

-

0

0

0

-

Stockholders' equity
Common stock, $0.001 par value, 250,000,000 shares authorized; 6,033,835 and 5,654,830 shares issued and outstanding as of September 30, 2019 and December 31, 2018, respectively

6

5

5

5

5

4

3

3

Additional paid-in-capital

21,448

21,136

20,859

20,548

12,450

7,551

1,721

0

Accumulated deficit

-11,318

-8,736

-7,001

-5,565

-4,218

-2,539

-1,812

-235

Total stockholders' equity attributable to Edison Nation, Inc.

10,135

12,406

13,863

14,988

8,237

5,016

-88

-232

Noncontrolling interests

919

968

1,008

951

-

-

-

0

Total stockholders' equity

11,055

13,375

14,872

15,939

-

-

-

-232

Total liabilities and stockholders' equity

28,633

30,398

30,292

28,888

21,825

9,638

5,420

4,070

Long-term Debt [Member]
Current portion of long-term debt

1,270

-

-

313

-

-

-

-

Current portion of long-term debt

-

789

-

-

-

-

-

-

Convertible Notes Payable [Member]
Current portion of long-term debt

-

918

-

-

-

-

-

-