Global eagle entertainment inc. (ENT)
Balance Sheet / Quarterly
Dec'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

23,964

9,700

10,853

20,800

39,154

31,731

37,403

168,931

48,260

58,037

66,554

105,372

50,686

56,155

196,709

219,182

223,552

218,054

282,452

277,290

197,648

209,637

215,284

250,553

258,796

97,917

110,140

135,251

2,088

-

-

-

-

-

-

Restricted cash

500

908

1,172

1,019

801

801

5,390

3,388

3,608

1,021

1,021

17,952

17,992

-

-

-

2,285

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable, net

88,219

99,132

91,801

106,797

97,623

99,678

103,415

102,264

113,545

113,924

123,108

126,478

120,492

118,148

88,649

88,594

93,449

97,583

87,878

92,481

85,517

83,040

72,700

62,683

64,216

55,739

47,046

41,350

8,292

-

-

-

-

-

-

Loan receivable from related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,514

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,686

-

-

-

-

-

-

-

Receivable from related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23

-

-

-

-

-

-

-

Content library, current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,692

-

11,527

8,793

8,704

9,570

7,859

6,739

7,669

6,563

8,802

10,560

11,491

0

-

-

-

-

-

-

Inventories

26,695

31,827

35,378

34,233

34,649

38,381

32,719

32,593

28,352

29,793

27,130

30,383

25,986

30,901

18,014

18,898

14,998

18,263

17,546

15,178

13,626

11,820

13,825

12,934

15,481

13,641

9,225

8,460

7,386

-

-

-

-

-

-

Prepaid expenses

6,753

3,307

5,042

7,164

9,104

16,141

16,949

13,888

13,486

20,615

21,149

15,998

17,658

-

-

-

8,389

-

-

-

-

-

-

-

-

-

-

6,121

-

-

-

-

-

-

-

Deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

538

-

-

-

-

-

-

-

Available for sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,140

-

-

-

-

-

-

-

Other current assets

12,839

11,605

10,473

13,882

10,498

17,261

21,482

14,431

20,923

11,987

12,425

16,781

20,786

50,345

29,675

25,610

16,535

26,966

19,856

21,625

23,549

22,232

21,058

20,554

14,187

12,822

11,024

3,485

3,344

-

-

-

-

-

-

Cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

167

132

279

446

605

872

Prepaid insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

10

31

52

73

TOTAL CURRENT ASSETS:

158,968

156,507

154,719

183,908

191,829

203,993

217,358

335,495

228,174

235,377

251,387

312,964

253,600

255,549

333,047

370,490

359,208

372,393

416,525

415,278

329,910

334,588

329,606

354,393

359,243

188,921

187,995

219,545

21,110

167

132

290

477

658

945

Content library

3,645

-

-

-

6,966

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Content library

-

4,566

5,065

5,232

-

7,143

8,101

9,523

8,686

9,581

10,313

10,792

21,470

20,592

20,529

-

16,083

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property, Plant and Equipment, Net

145,295

158,931

170,046

180,555

176,577

182,777

190,716

189,970

195,029

200,894

201,213

192,897

166,049

149,620

49,422

44,399

39,066

35,197

25,668

24,404

23,651

22,544

21,979

21,192

20,797

16,807

14,099

7,907

4,639

-

-

-

-

-

-

Right-of-use assets, net

39,187

34,921

34,551

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Right-of-use assets, net

-

-

-

21,939

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

159,607

159,591

159,613

159,587

159,562

159,610

159,610

159,654

159,696

248,693

248,644

249,863

327,836

364,543

93,037

93,051

93,796

91,605

52,861

52,756

53,014

53,032

52,345

52,345

52,345

46,801

39,928

40,301

0

-

-

-

-

-

-

Customer relationships, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

78,416

-

-

-

-

-

-

-

Intangible assets, net

55,483

61,754

68,534

76,335

84,136

92,210

101,659

112,019

122,582

133,737

144,517

155,615

166,720

228,333

102,595

113,990

117,684

134,336

100,527

106,580

112,904

118,978

126,594

129,742

136,414

109,743

97,970

23,926

0

-

-

-

-

-

-

Equity method investments

78,886

81,514

83,369

85,230

83,135

135,975

135,430

138,495

137,299

155,378

153,775

155,623

156,527

104,791

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Content library, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,845

-

-

-

-

-

-

-

Other non-current assets

27,509

25,624

27,032

22,070

14,882

12,439

11,603

9,815

9,118

8,636

8,918

12,540

7,233

17,058

16,831

17,759

12,024

15,095

15,171

18,855

14,116

14,935

15,366

13,470

10,084

22,822

12,936

1,193

3,688

-

-

-

-

-

-

TOTAL OTHER ASSETS:

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

153,588

-

-

-

-

-

-

-

Investments held in trust

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

189,642

189,639

-

189,634

-

-

Investments held in trust

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

189,637

-

189,631

189,628

Assets

668,580

683,408

702,929

734,856

717,087

794,147

824,477

954,971

860,584

992,296

1,018,767

1,090,294

1,099,435

1,140,486

615,461

639,689

637,861

648,626

610,752

617,873

533,595

544,077

545,890

571,142

578,883

385,094

352,928

373,133

29,437

189,809

189,772

189,928

190,112

190,290

190,573

LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts Payable and Accrued Liabilities, Current

178,930

186,159

184,837

183,205

177,056

167,135

188,231

196,967

205,036

191,611

216,488

236,266

240,344

175,106

112,514

132,024

118,224

114,356

99,477

100,998

99,328

98,054

92,891

85,418

81,961

70,489

54,410

59,875

8,178

-

-

141

-

-

-

Deferred revenue

12,317

10,421

10,672

9,018

7,430

10,892

-

-

6,508

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of long-term debt and finance leases

15,678

16,533

17,005

-

22,673

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of operating lease liabilities

8,319

5,177

4,806

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued legal settlements

-

-

-

-

-

-

-

-

-

-

-

-

-

16,855

47,157

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

8,472

8,602

-

6,610

6,795

7,293

6,970

11,745

6,808

10,027

10,449

14,403

13,146

12,902

13,401

11,831

10,368

11,102

11,190

7,563

4,506

6,035

8,539

-

-

-

-

-

-

Warrant liabilities

-

-

-

-

-

-

-

-

-

-

-

-

433

6,235

7,284

18,211

24,076

26,140

36,871

51,660

52,671

45,161

64,316

86,960

71,570

28,050

30,220

29,181

8,178

-

-

-

-

-

-

Accrued payroll and employee benefits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,724

-

-

-

-

-

-

-

Notes Payable, Current

-

-

-

38,190

-

20,946

19,595

16,656

20,106

13,424

13,691

6,256

2,069

387

731

734

1,055

750

753

752

752

2,472

2,613

7,652

9,648

10,254

7,944

7,755

14

-

-

-

-

-

-

Income tax payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,630

-

-

-

-

-

-

-

Deferred tax liabilities, current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

378

368

4,048

80

410

585

394

1,192

3,149

-

524

0

-

-

-

-

-

-

Other current liabilities

7,081

8,533

7,560

10,322

5,032

9,137

9,661

7,996

7,785

10,849

10,557

10,850

11,321

10,666

13,708

12,020

12,111

11,473

11,263

9,195

8,080

12,191

9,168

8,576

7,561

9,590

12,325

2,944

0

-

-

-

-

-

-

Sponsor loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

250

-

-

-

-

-

Franchise tax payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

248

203

158

113

68

23

Accrued operating expenses and accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

362

260

-

73

-

-

Accrued transaction expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

Sponsor loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

Accrued offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16

TOTAL CURRENT LIABILITIES:

222,325

226,823

224,880

240,735

212,191

208,110

225,959

230,221

239,435

222,494

247,531

260,665

261,137

220,994

188,202

173,016

165,915

167,500

161,878

179,555

174,312

170,119

179,941

200,102

183,122

129,095

109,405

118,668

24,909

860

464

299

186

-

39

Deferred revenue, non-current

86

86

252

255

1,116

1,116

-

-

1,079

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt and finance leases

757,384

736,317

713,281

-

686,938

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term operating lease liabilities

23,636

22,258

22,277

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue, non-current

-

-

-

-

-

-

1,089

1,081

-

1,067

1,474

1,594

1,536

8,247

6,050

6,128

6,345

6,633

6,741

6,854

6,748

6,951

6,479

6,144

5,808

4,890

6,944

-

3,075

-

-

-

-

-

-

Notes Payable, Noncurrent

-

-

-

692,328

-

666,493

633,527

719,427

598,958

601,653

576,685

590,946

468,231

441,137

69,730

69,791

70,099

71,518

71,619

71,572

2,263

985

983

50

1,153

-

-

3,337

0

-

-

-

-

-

-

Deferred tax liabilities

5,894

7,334

7,702

8,394

8,406

7,776

-

-

16,247

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liabilities

-

-

-

-

-

-

8,590

9,028

-

31,801

32,086

32,907

33,205

38,452

20,385

21,060

22,324

26,779

11,254

15,078

23,330

24,086

25,932

24,178

25,186

34,797

22,903

21,856

0

-

-

-

-

-

-

Accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,070

-

-

-

-

-

-

-

Other non-current liabilities

34,409

30,935

35,067

57,271

34,771

30,573

34,455

30,256

30,340

30,038

29,095

29,020

36,329

42,826

19,774

17,071

19,417

24,035

14,864

15,228

14,313

6,580

8,153

8,017

7,430

10,988

6,788

257

36

-

-

-

-

-

-

Deferred underwriter compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,647

6,647

6,647

6,647

6,647

6,647

Warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,075

-

-

TOTAL LIABILITIES

1,043,734

1,023,753

1,003,459

998,983

943,422

914,068

903,620

990,013

886,059

887,053

886,871

915,132

800,438

751,656

304,141

287,066

284,100

296,465

266,356

288,287

220,966

208,721

221,488

238,491

222,699

179,770

146,040

148,188

28,020

-

-

-

21,909

6,715

6,686

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

Equity [Abstract]
Preferred stock, $0.0001 par value; 1,000,000 shares authorized, no shares issued and outstanding at December 31, 2019 and 2018, respectively

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 subject to possible redemption: 15,269,718 (at redemption value of approximately $9.98) and 16,320,272 shares (at redemption value of approximately $9.98) at December 31, 2012 and 2011, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

177,301

177,661

177,981

163,202

178,574

178,887

Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

-

-

Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

Common stock, $0.0001 par value; 375,000,000 shares authorized, 3,837,920 and 3,793,413 shares issued, 3,715,775 and 3,671,267 shares outstanding, at December 31, 2019 and 2018, respectively

10

10

10

10

10

10

10

10

10

10

9

9

9

9

8

8

8

8

8

8

8

8

7

5

5

4

4

4

2

0

0

2

0

2

2

Non-voting common stock, $0.0001 par value; 25,000,000 shares authorized, 0 shares issued and outstanding at September 30, 2015 and December 31, 2014, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

2

2

2

2

2

0

-

-

-

-

-

-

Treasury stock, 122,145 shares at December 31, 2019 and 2018

30,659

30,659

30,659

30,659

30,659

30,659

30,659

30,659

30,659

30,659

30,659

30,659

30,659

30,659

30,659

30,659

30,659

30,659

30,659

30,659

30,659

30,659

30,659

30,659

30,659

0

0

0

0

-

-

-

-

-

-

Additional paid-in capital

818,961

817,771

816,119

814,072

814,488

811,906

809,369

807,355

779,565

776,033

749,937

749,019

747,005

744,985

686,998

690,060

688,696

682,244

667,523

665,732

645,110

640,428

613,930

623,393

620,862

370,573

366,669

363,189

130,780

6,757

6,397

6,076

4,999

5,482

5,170

Subscriptions receivable

597

597

597

597

597

597

591

584

578

566

566

559

553

547

541

534

528

522

516

509

503

497

491

484

478

472

466

459

453

-

-

-

-

-

-

Accumulated deficit

-1,162,901

-1,126,801

-1,085,527

-1,047,067

-1,009,458

-900,281

-857,051

-811,142

-773,791

-639,385

-586,418

-542,288

-416,389

-324,675

-344,029

-305,869

-303,457

-298,647

-291,775

-304,762

-301,331

-273,820

-258,290

-270,286

-243,943

-174,357

-168,962

-155,335

-128,912

-

-

-

-

-

-

Accumulated other comprehensive income (loss)

32

-69

124

114

-119

-300

-221

-22

-22

-190

-407

-360

-416

-283

-457

-383

-299

-263

-185

-224

4

-104

-95

85

0

-768

-512

1,024

-

-

-

-

-

-

-

Deficit accumulated during the development stage

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,758

1,398

1,078

-

485

172

TOTAL STOCKHOLDERS’ DEFICIT

-375,154

-340,345

-300,530

-264,127

-226,335

-119,921

-79,143

-35,042

-25,475

105,243

131,896

175,162

298,997

388,830

311,320

352,623

353,761

352,161

344,396

329,586

312,629

335,356

324,402

322,056

345,789

194,982

196,735

208,425

1,417

5,000

5,000

5,000

5,000

5,000

5,000

Non-controlling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

10,595

10,395

10,342

10,153

16,520

0

-

-

-

-

-

-

TOTAL EQUITY

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

335,356

324,402

332,651

356,184

205,324

206,888

224,945

1,417

-

-

-

-

-

-

TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT

668,580

683,408

702,929

734,856

717,087

794,147

824,477

954,971

860,584

992,296

1,018,767

1,090,294

1,099,435

1,140,486

615,461

639,689

637,861

648,626

610,752

617,873

533,595

544,077

545,890

571,142

578,883

385,094

352,928

373,133

29,437

189,809

189,772

189,928

190,112

190,290

190,573