Emagin corp (EMAN)
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'11Dec'10
ASSETS
Current assets:
Cash and cash equivalents

3,138

3,515

2,563

3,705

3,457

3,359

6,190

8,663

9,802

3,526

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

1,964

4,869

3,750

5,241

6,879

6,100

9,050

9,273

5,106

5,429

6,212

5,290

4,711

2,095

2,063

4,032

4,811

4,605

5,632

4,385

7,567

4,041

5,832

7,571

6,498

6,878

7,796

Investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

750

-

-

-

-

-

-

-

-

-

-

7,245

-

-

-

3,100

Investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

500

-

1,250

3,500

5,750

6,250

8,000

8,753

8,760

8,520

8,267

8,280

-

5,745

6,245

5,250

-

Accounts receivable, net

3,737

3,966

3,956

2,733

3,696

3,186

4,381

3,481

4,138

4,528

3,428

3,110

3,118

2,834

2,476

3,455

3,602

3,508

2,572

4,047

3,954

3,878

4,407

6,055

4,753

4,319

3,850

4,863

5,625

5,154

4,977

6,834

4,644

5,576

5,893

5,230

5,150

Unbilled accounts receivable

470

155

279

21

69

224

364

947

526

406

475

850

1,131

1,401

1,163

1,383

1,306

1,445

816

686

-

166

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventories

8,821

8,832

8,447

8,368

8,827

8,582

8,719

7,814

8,947

8,640

9,080

8,973

7,964

7,435

7,027

5,272

4,558

3,901

5,787

5,464

4,795

4,586

5,529

5,549

4,740

3,434

4,407

3,562

3,144

3,223

2,814

2,364

2,800

2,760

2,119

2,089

1,905

Prepaid expenses and other current assets

1,344

1,130

1,209

896

795

875

869

715

1,115

1,328

1,132

1,302

1,275

1,040

977

706

745

489

732

599

697

656

907

899

773

745

1,314

740

808

653

931

967

1,255

1,008

857

789

777

Total current assets

17,510

17,598

16,454

15,723

16,844

16,226

20,523

21,620

24,528

18,428

16,079

19,104

17,238

17,951

18,522

16,916

19,261

18,616

15,013

16,225

16,158

15,326

16,804

18,098

18,079

18,780

22,382

22,523

23,969

21,935

24,556

22,486

21,776

22,660

21,612

20,236

18,728

Long-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

500

750

250

-

-

500

761

1,014

1,000

1,000

1,000

500

1,500

Equipment, furniture and leasehold improvements, net

7,926

8,100

8,346

8,785

8,630

8,921

8,567

8,403

8,150

8,553

8,802

9,045

9,189

8,980

8,953

8,806

8,838

9,131

9,500

9,747

9,426

9,417

9,281

9,136

9,196

9,119

8,197

8,222

8,046

8,099

6,904

6,912

6,521

5,980

4,522

4,053

3,287

Operating lease right - of - use assets

3,545

3,729

3,790

3,953

4,112

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

36

37

39

Intangibles and other assets

133

160

191

200

209

269

314

336

363

326

241

462

426

282

296

309

323

336

347

353

368

382

395

106

27

27

28

122

123

124

125

126

127

127

92

92

92

Deferred tax asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,382

8,881

8,881

8,881

8,165

8,165

8,165

8,165

9,056

9,056

9,056

Total assets

29,114

29,587

28,781

28,661

29,795

25,416

29,404

30,359

33,041

27,307

25,122

28,611

26,853

27,213

27,771

26,031

28,422

28,083

24,860

26,325

25,952

25,125

26,480

27,340

27,802

28,676

36,239

39,748

41,019

39,539

40,511

38,703

37,589

37,932

36,318

33,974

32,702

LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Accounts payable

1,577

1,302

1,208

1,856

1,974

2,024

1,996

2,135

1,696

1,714

1,272

1,680

2,484

1,432

1,651

1,571

1,666

1,636

1,643

1,666

1,368

1,027

1,278

1,674

1,830

1,470

1,258

908

1,152

1,002

888

966

883

961

1,021

1,078

1,100

Accrued compensation

1,566

1,778

1,602

1,782

1,502

1,634

1,436

1,658

1,472

1,557

1,285

1,721

1,213

1,528

1,142

1,354

1,548

1,246

-

-

-

1,145

-

-

-

1,155

-

-

-

1,188

-

-

-

1,283

1,631

1,594

1,975

Revolving credit facility, net

2,191

2,891

2,002

945

2,535

-

-

-

-

3,808

920

-

1,450

1,689

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finance lease liability - current portion

-

-

16

15

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,829

2,179

2,549

-

-

-

-

-

-

-

-

-

-

-

1,886

-

-

-

-

Common stock warrant liability

43

23

47

166

703

1,497

3,303

4,614

3,187

784

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,165

7,694

Other accrued expenses

1,485

1,401

1,603

1,543

1,703

1,827

1,909

1,490

1,134

719

492

973

2,364

1,068

748

1,044

1,056

1,193

-

-

-

812

2,251

1,977

2,656

1,436

2,408

2,308

3,064

1,313

2,462

1,921

-

963

1,636

1,225

1,781

Deferred revenue

294

277

328

133

95

38

41

-

-

765

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liability - current

791

775

704

689

675

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Advance payment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

74

-

-

-

155

-

-

-

72

-

-

-

177

-

-

-

Advance payments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

122

108

101

Deferred revenue

-

-

-

-

-

-

-

-

188

-

-

1,231

-

445

-

-

-

-

-

-

-

331

-

-

-

66

-

-

-

60

-

-

-

138

55

140

26

Other current liabilities

351

342

398

322

323

427

389

408

365

469

566

591

629

591

415

546

565

602

510

572

405

664

624

605

380

395

359

374

328

277

739

506

383

299

235

210

170

Total current liabilities

8,298

8,789

7,908

7,451

9,510

7,447

9,074

10,305

8,042

9,816

5,523

6,196

8,140

6,753

3,956

4,515

4,835

4,677

4,982

4,417

4,322

4,053

4,153

4,256

4,866

4,677

4,025

3,590

4,544

3,912

4,089

3,393

3,152

3,821

4,700

10,520

12,847

Finance lease liability - long term

20

24

28

32

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liability - long term

2,863

3,067

3,202

3,384

3,562

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,664

5,158

Total liabilities

11,181

11,880

11,138

10,867

13,072

7,447

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,700

15,184

18,005

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

0

Shareholders' equity:
Preferred stock, $.001 par value: authorized 10,000,000 shares: Series B Convertible Preferred stock, (liquidation preference of $5,659) stated value $1,000 per share, $.001 par value: 10,000 shares designated and 5,659 issued and outstanding as of March 31, 2020 and December 31, 2019.

-

-

-

-

-

-

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

0

Common stock, $.001 par value: authorized 200,000,000 shares, issued 53,980,918 shares, outstanding 53,818,852 shares as of March 31, 2020 and issued 50,250,378 shares, outstanding 50,088,312 shares as of December 31, 2019.

54

50

49

49

45

45

45

45

45

35

35

35

32

32

32

30

30

30

25

25

25

25

25

25

24

24

24

24

24

24

24

24

24

24

23

22

21

Additional paid-in capital

260,358

258,767

258,498

258,333

254,929

254,736

254,638

254,425

254,304

244,726

246,312

246,136

240,167

239,915

239,802

235,074

234,981

234,814

229,166

228,962

228,618

228,380

228,080

227,801

226,606

226,051

225,560

224,910

224,218

223,575

223,052

222,280

221,616

220,838

219,465

210,757

206,298

Accumulated deficit

-241,979

-240,610

-240,404

-240,088

-237,751

-236,312

-233,853

-233,916

-228,850

-226,770

-226,248

-223,256

-220,986

-218,987

-215,519

-213,088

-210,924

-210,938

-208,813

-206,579

-206,513

-206,833

-205,278

-204,242

-203,194

-201,576

-192,871

-188,313

-187,304

-187,509

-186,191

-186,531

-187,108

-186,656

-187,870

-191,989

-191,622

Treasury stock, 162,066 shares as of March 31, 2020 and December 31, 2019.

500

500

500

500

500

500

500

500

500

500

500

500

500

500

500

500

500

500

500

500

500

500

500

500

500

500

499

463

463

463

463

463

95

95

-

-

-

Total shareholders' equity

17,933

17,707

17,643

17,794

16,723

17,969

20,330

20,054

24,999

17,491

19,599

22,415

18,713

20,460

23,815

21,516

23,587

23,406

19,878

21,908

21,630

21,072

22,327

23,084

22,936

23,999

32,214

36,158

36,475

35,627

36,422

35,310

34,437

34,111

31,618

18,790

14,697

Total liabilities and shareholders' equity

29,114

29,587

28,781

28,661

29,795

25,416

29,404

30,359

33,041

27,307

25,122

28,611

26,853

27,213

27,771

26,031

28,422

28,083

24,860

26,325

25,952

25,125

26,480

27,340

27,802

28,676

36,239

39,748

41,019

39,539

40,511

38,703

37,589

37,932

36,318

33,974

32,702