Electromed, inc. (ELMD)
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

9,933

9,206

8,034

7,807

7,535

7,211

7,747

7,455

7,062

6,840

5,786

5,573

5,401

4,821

3,824

5,123

4,934

4,528

3,782

3,598

2,904

2,452

-

1,502

-

-

-

-

-

-

-

-

-

-

-

-

Cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,280

-

772

1,236

1,077

503

504

1,005

1,482

1,702

1,392

1,745

2,946

4,091

Accounts receivable (net of allowances for doubtful accounts of $45,000)

13,290

12,718

12,718

12,760

12,275

11,937

11,545

11,811

10,075

9,680

9,644

9,949

8,933

8,284

8,043

7,611

7,310

6,903

6,457

6,518

6,388

6,628

6,361

6,487

6,469

7,040

7,989

9,014

9,198

9,725

10,415

10,850

11,091

10,704

10,400

9,593

Contract assets

1,146

1,190

1,007

995

843

781

835

776

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventories, net

2,646

2,651

2,745

2,622

2,706

2,735

2,840

2,486

2,207

2,393

2,454

2,559

2,587

2,570

2,606

2,480

2,325

2,393

2,155

2,072

2,401

2,234

2,243

2,235

2,550

2,266

1,432

1,379

2,141

1,899

2,305

2,392

2,411

2,397

2,163

1,855

Prepaid expenses and other current assets

360

313

476

353

400

329

415

757

483

379

565

393

491

425

497

419

442

341

501

397

481

372

485

397

448

298

460

428

464

358

463

359

515

466

419

371

Income tax receivable

409

206

50

-

239

24

-

-

91

-

226

-

0

2

134

192

180

-

-

-

-

-

-

-

529

868

779

538

841

605

405

340

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

557

557

557

656

656

656

656

722

722

722

722

Total current assets

27,787

26,287

25,033

24,539

24,002

23,020

23,384

23,287

19,920

19,293

18,677

18,476

17,414

16,106

15,105

15,827

15,193

14,167

12,896

12,586

12,176

11,687

11,370

10,623

10,771

12,268

12,296

12,421

13,807

14,250

15,728

16,302

16,133

16,036

16,651

16,634

Property and equipment, net

3,878

3,914

3,944

3,604

2,745

2,875

2,965

3,091

3,165

3,215

3,262

3,303

3,288

3,381

3,243

3,375

3,388

3,460

3,571

3,635

3,617

3,772

3,944

3,935

3,972

3,761

3,761

3,743

3,633

3,481

3,254

3,170

3,252

3,255

3,070

2,807

Finite-life intangible assets, net

604

552

562

581

602

618

641

649

663

674

700

721

762

776

894

904

927

948

975

999

832

868

899

1,039

993

1,019

1,049

1,080

1,111

1,135

1,167

1,174

1,169

1,198

1,227

1,235

Other assets

100

122

137

45

5

6

5

-

97

102

98

99

101

112

117

127

160

185

181

182

361

352

299

193

359

348

304

310

291

276

290

274

264

239

217

191

Deferred income taxes

602

-

-

629

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

611

626

-

337

361

517

364

417

417

467

460

330

330

343

343

337

288

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total assets

32,973

31,487

30,303

29,399

27,693

26,881

27,514

27,392

24,263

23,703

23,205

23,060

21,897

20,705

19,704

20,577

20,007

19,049

17,625

17,405

16,987

16,681

16,515

15,792

16,096

17,397

17,411

17,555

18,844

19,144

20,440

20,921

20,821

20,729

21,167

20,868

Liabilities and Shareholders' Equity
Current Liabilities
Revolving line of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

560

600

1,768

1,768

1,768

1,768

1,768

1,768

Current maturities of other long-term liabilities

76

82

82

30

-

-

1,089

1,101

1,112

1,124

51

50

50

49

44

46

47

48

49

48

48

47

47

46

45

45

52

57

1,388

66

159

254

351

437

403

438

Accounts payable

874

610

1,046

586

622

713

850

810

614

704

678

663

593

466

425

589

668

620

522

538

684

480

781

380

1,004

1,301

950

643

835

753

554

749

724

623

758

733

Accrued compensation

1,444

1,202

1,100

1,404

1,199

1,195

1,111

1,269

935

835

785

946

917

724

523

1,489

1,255

836

501

700

561

515

447

391

326

321

334

565

602

615

484

636

632

702

906

868

Income tax payable

-

-

-

288

-

-

156

397

0

84

-

156

17

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

77

147

122

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Warranty reserve

780

770

800

810

780

790

730

760

680

670

690

640

670

660

660

660

670

640

630

660

670

700

720

700

740

700

680

680

680

661

604

610

464

469

475

444

Other accrued liabilities

446

327

247

530

639

372

542

464

403

360

536

438

524

455

255

287

246

207

282

208

171

151

166

302

295

234

342

247

179

127

165

151

88

68

174

161

Total current liabilities

3,622

2,993

3,276

3,650

3,241

3,071

4,480

4,803

3,746

3,779

2,741

2,895

2,773

2,356

1,909

3,072

2,888

2,430

2,131

2,279

2,136

1,894

2,162

1,820

2,412

2,602

2,359

2,193

4,247

2,822

3,736

4,170

4,030

4,069

4,486

4,413

Other long-term liabilities

24

39

55

14

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt, less current maturities and net of debt issuance costs

-

-

-

-

-

-

-

-

0

0

1,085

1,097

1,108

1,120

1,136

1,146

1,167

1,178

1,189

1,202

1,214

1,227

1,239

1,251

1,262

1,274

1,318

1,332

18

1,356

1,374

1,390

1,403

1,426

1,506

1,582

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

103

103

103

280

280

280

280

167

167

167

167

Total liabilities

3,646

3,033

3,331

3,665

-

-

-

-

3,746

3,779

3,826

3,993

3,882

3,477

3,045

4,218

4,055

3,608

3,321

3,481

3,351

3,121

3,402

3,071

3,674

3,980

3,780

3,628

4,545

4,459

5,390

5,840

5,600

5,663

6,160

6,162

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

Shareholders' Equity
Common stock, $0.01 par value; authorized: 13,000,000 shares; 8,483,785 and 8,408,351 issued and outstanding at March 31, 2020 and June 30, 2019, respectively

84

84

84

84

84

83

83

82

82

82

82

82

82

82

82

81

81

81

81

81

81

81

81

81

81

81

81

81

81

81

81

81

81

81

81

81

Additional paid-in capital

16,867

16,647

16,350

16,127

15,933

15,641

15,243

14,953

14,694

14,414

14,218

14,028

13,923

13,783

13,658

13,549

13,480

13,435

13,366

13,327

13,295

13,255

13,232

13,217

13,208

13,200

13,174

13,134

13,091

13,045

13,000

12,959

12,920

12,861

12,827

12,794

Retained earnings

12,374

11,721

10,536

9,522

8,435

8,084

7,707

7,552

5,739

5,427

5,077

4,956

4,010

3,362

2,918

2,727

2,389

1,923

855

514

259

222

-200

-577

-868

136

375

710

1,126

1,557

1,968

2,040

2,218

2,123

2,098

1,853

Common stock subscriptions receivable for 15,000 shares outstanding at June 30, 2011

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22

Total shareholders' equity

29,326

28,453

26,971

25,733

24,452

23,810

23,034

22,588

20,517

19,924

19,379

19,067

18,015

17,228

16,658

16,358

15,952

15,441

14,303

13,923

13,636

13,559

13,113

12,720

12,421

13,417

13,630

13,926

14,299

14,684

15,050

15,080

15,220

15,066

15,007

14,706

Total liabilities and shareholders' equity

32,973

31,487

30,303

29,399

27,693

26,881

27,514

27,392

24,263

23,703

23,205

23,060

21,897

20,705

19,704

20,577

20,007

19,049

17,625

17,405

16,987

16,681

16,515

15,792

16,096

17,397

17,411

17,555

18,844

19,144

20,440

20,921

20,821

20,729

21,167

20,868