Fluent, inc. (FLNT)
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'14Dec'13Dec'12Dec'11Dec'10
ASSETS:
Cash and cash equivalents

13,086

18,679

24,228

21,836

18,707

17,769

17,361

10,068

5,368

16,564

10,323

19,248

22,014

10,089

10,395

11,233

10,138

13,462

9,078

3,080

7,296

5,996

5,605

7,209

39

7,554

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11

Accounts receivable, net of allowance for doubtful accounts of $665 and $1,967, respectively

61,012

60,915

45,745

45,705

44,023

48,652

39,726

37,978

34,165

36,278

37,148

32,417

27,951

30,958

28,465

24,766

20,648

21,224

610

551

2,251

295

-

0

-

18,065

Accounts receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,563

-

-

-

Amounts due from related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

40

-

-

966

Prepaid expenses and other current assets

1,944

1,921

2,015

2,493

2,572

1,971

1,779

1,840

3,276

1,865

2,315

2,963

2,389

2,053

3,298

2,125

2,281

2,931

1,193

902

762

292

799

273

-

-

Deferred tax assets, current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

203

-

37

-

-

891

Current assets of discontinued operations

-

-

-

-

-

-

0

-

-

2,274

-

-

-

-

-

-

-

-

-

592

-

-

-

-

-

-

Prepaid expenses and other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

36

8,340

Total current assets

76,042

81,515

71,988

70,034

65,302

68,392

58,866

49,886

42,809

56,981

49,786

54,628

52,354

43,100

42,158

38,124

33,067

37,617

10,881

5,125

10,512

6,583

8,044

7,482

75

35,827

Restricted cash

1,480

1,480

1,480

1,480

1,480

1,480

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property and equipment, net

2,684

2,863

3,037

3,025

2,838

1,380

421

531

586

687

1,899

1,415

1,391

1,350

1,471

1,499

1,156

1,062

834

790

1,821

301

1,584

62

-

1,133

Operating lease right-of-use assets

9,448

9,865

10,332

10,271

10,584

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term deferred expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

580

-

917

-

-

-

Intangible assets, net

52,720

55,603

58,478

56,583

59,059

61,812

66,065

68,728

71,482

74,354

91,554

92,814

94,029

98,531

99,419

104,361

88,234

87,445

3,077

2,217

5,062

796

-

-

-

-

Deposits for property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

Intangible assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,954

Goodwill

164,774

164,774

164,774

159,791

159,791

159,791

159,791

159,791

159,791

159,791

166,256

166,256

166,256

166,256

166,083

166,083

161,753

161,753

5,227

5,227

40,698

5,227

-

-

-

45,955

Other non-current assets

1,106

993

579

435

435

414

564

556

560

1,097

2,425

2,581

2,543

2,674

1,864

2,021

2,148

1,315

38

38

38

38

-

-

-

-

Non-current assets of discontinued operations

-

-

-

-

-

-

0

-

-

24,089

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

294

370

-

-

-

-

Intangible assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,001

-

-

-

Total non-current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,176

8,272

48,493

-

4,502

62

-

-

ASSETS OF DISCONTINUED COMPONENTS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

50,425

-

Total assets

308,254

317,093

310,668

301,619

299,489

293,269

285,707

279,492

275,228

316,999

311,920

317,694

316,573

311,911

310,995

312,088

286,358

289,192

20,057

13,397

59,005

13,315

12,546

7,544

50,500

86,871

LIABILITIES AND SHAREHOLDERS' EQUITY:
Accounts payable

15,854

21,574

17,396

6,426

6,364

7,855

7,249

-

-

7,408

-

-

-

-

-

-

-

-

-

-

1,884

-

1,196

46

-

13,894

Accrued expenses and other current liabilities

-

-

-

-

-

-

-

-

-

14,967

-

-

-

-

9,564

9,136

8,946

9,160

-

-

1,118

656

235

366

-

-

Trade accounts payable

-

-

-

-

-

-

-

11,994

11,830

-

12,400

15,173

11,499

14,725

16,187

10,986

9,299

8,863

-

-

-

86

-

-

-

-

Accrued expenses and other current liabilities

18,857

20,358

17,069

16,654

15,528

21,566

15,395

7,807

7,613

-

15,622

14,771

6,467

6,981

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

1,526

1,140

1,178

646

674

444

714

-

-

265

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,741

1,330

-

-

-

-

-

-

Acquisition consideration payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

460

-

464

-

-

-

Accrued expenses and other payables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

880

17,931

Short-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

729

Acquisition consideration payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

549

1,043

29,033

Amounts due to related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20

48

178

302

73

110

174

1,958

Deferred revenue

-

-

-

-

-

-

-

843

219

-

444

1,108

1,081

318

407

344

331

783

150

147

264

164

9

-

-

2,481

Current portion of long-term debt

4,750

6,873

6,058

5,380

4,824

3,500

7,227

6,829

3,500

2,750

2,750

2,750

2,750

4,135

2,250

2,250

2,250

2,250

-

-

-

-

-

-

-

-

Current portion of operating lease liability

2,271

2,282

2,342

2,184

1,134

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current liabilities of discontinued operations

-

-

-

-

-

-

0

-

-

7,389

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,198

-

-

-

-

61,856

-

Income tax payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

-

-

9,228

Total current liabilities

43,258

52,227

44,043

31,290

28,524

33,365

30,585

27,473

23,162

32,779

31,216

33,802

21,797

26,159

28,408

22,716

20,826

21,056

1,911

2,723

3,904

1,208

1,981

1,071

2,097

75,254

Promissory notes payable to certain shareholders, net

-

-

-

-

-

-

-

-

-

10,837

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Promissory notes payable to certain shareholders, net

-

-

-

-

-

-

0

-

-

-

10,543

10,253

9,971

10,748

10,457

10,137

-

9,618

-

-

-

-

-

-

-

-

Long-term acquisition consideration payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,162

Long-term debt, net

43,579

44,098

46,929

47,645

50,092

51,972

52,463

56,697

60,546

49,376

49,555

49,910

50,266

35,130

-

-

-

39,050

-

-

-

-

-

-

-

3

Operating lease liability, net

8,607

9,056

9,507

9,647

10,037

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition consideration payable in stock

-

-

-

-

-

-

-

-

-

-

10,225

-

-

10,225

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

37,188

38,227

48,689

-

-

-

-

-

-

-

-

-

Acquisition consideration payable in stock

-

-

-

-

-

-

-

-

-

-

-

10,225

10,225

-

10,000

10,000

-

-

-

-

-

-

-

-

-

-

Other non-current liabilities

745

775

736

766

795

766

-

-

-

0

-

500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,568

7,090

10,037

13,573

-

-

-

-

-

-

-

989

Total liabilities

96,189

106,156

101,215

89,348

89,448

86,103

83,048

84,170

83,708

92,992

101,539

104,690

92,259

82,262

88,621

88,170

79,552

83,297

1,911

2,723

3,904

1,208

1,981

1,071

63,953

86,408

Shareholders' equity:
Preferred stock — $0.0001 par value, 10,000,000 Shares authorized; Shares outstanding — 0 shares for both periods

-

-

-

0

0

-

0

0

0

0

-

-

-

0

-

-

-

-

0

0

0

-

-

-

-

-

Commitments and contingency (Note 20)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Common stock — $0.0005 par value, 200,000,000 Shares authorized; Shares issued — 79,809,417 and 78,642,078, respectively; and Shares outstanding — 76,207,613 and 75,873,679, respectively

40

39

39

39

39

38

38

38

38

31

28

28

27

27

25

25

23

8

8

7

7

3

4

3

2

2

Treasury stock, at cost — 3,601,804 and 2,768,399 shares, respectively

9,900

8,184

6,368

6,351

4,882

3,272

3,253

3,253

1,672

1,274

1,274

1,254

699

531

305

272

272

-

-

-

-

-

-

-

-

-

Additional paid-in capital

408,633

406,198

403,854

402,192

399,208

395,769

392,886

390,011

387,273

392,687

373,087

361,595

351,942

344,384

331,499

323,266

298,972

291,032

70,644

59,384

56,926

12,714

-

-

-

-

Additional paid-in capital

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

145,778

137,823

123,288

121,521

Accumulated other comprehensive loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-130

6

0

-4,362

-4,433

-1,071

1,153

Accumulated deficit

-186,708

-187,116

-188,072

-183,609

-184,324

-185,369

-187,012

-191,474

-194,119

-167,437

-161,460

-147,365

-126,956

-114,231

-108,845

-99,101

-91,917

-85,145

-52,506

-47,717

-2,246

-610

-130,855

-126,920

-135,672

-122,213

Total shareholders' equity

212,065

210,937

209,453

-

-

207,166

-

-

-

-

-

-

-

-

-

-

-

-

-

11,544

54,693

-

10,565

6,473

-13,453

463

Non-controlling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-870

408

-

-

-

-

-

Total shareholders' equity

-

-

-

212,271

210,041

-

202,659

195,322

191,520

224,007

210,381

213,004

224,314

229,649

222,374

223,918

206,806

205,895

18,146

10,674

55,101

12,107

-

-

-

-

Total liabilities and shareholders' equity

308,254

317,093

310,668

301,619

299,489

293,269

285,707

279,492

275,228

316,999

311,920

317,694

316,573

311,911

310,995

312,088

286,358

289,192

20,057

13,397

59,005

13,315

12,546

7,544

50,500

86,871