Aerohive Networks, Inc. HIVE Balance Sheet

Aerohive networks, inc. (HIVE)

Balance Sheet / Quarterly

Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13
ASSETS
CURRENT ASSETS:
Cash and Cash Equivalents, at Carrying Value
36,379	20,380	26,049	32,473	34,973	21,484	27,249	33,949	34,619	28,907	34,346	43,900	39,337	41,388	45,741	88,189	85,365	92,660	98,044	106,237	103,913	33,303	35,023
Short-term investments
57,571	61,218	66,052	62,270	52,644	56,388	57,675	49,064	45,613	45,926	42,408	35,256	39,642	44,750	46,593	-	-	-	0	-	-	-	-
Accounts receivable, net
11,915	18,804	16,185	14,810	17,187	19,474	17,662	17,186	22,929	21,628	26,190	22,472	29,493	20,884	22,824	16,348	20,783	17,613	24,695	17,971	23,651	15,844	17,578
Inventories
14,303	15,318	16,117	13,690	11,234	13,558	13,495	13,206	14,982	11,668	12,629	15,691	14,652	11,489	10,775	11,757	11,942	11,389	8,360	9,488	12,061	6,330	6,817
Prepaid expenses and other current assets
6,763	6,428	6,399	6,430	6,689	6,205	6,396	7,864	7,128	6,927	6,289	7,239	12,399	11,581	7,613	4,324	3,903	2,106	2,610	2,408	2,285	7,178	4,949
Deferred cost of goods sold
-	-	-	-	-	-	-	-	-	-	-	230	441	425	757	813	772	913	1,001	1,175	978	1,137	1,427
Total current assets
126,931	122,148	130,802	129,673	122,727	117,109	122,477	121,269	125,271	115,056	121,862	124,788	135,964	130,517	134,303	121,431	122,765	124,681	134,710	137,279	142,888	63,792	65,794
Property and equipment, net
4,552	5,328	5,947	6,529	6,881	6,988	6,381	7,005	7,638	8,206	9,008	9,603	9,929	8,541	9,156	9,916	10,075	10,415	8,862	7,231	5,805	4,521	3,281
Operating lease right-of-use assets
4,066	3,956	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill
513	513	513	513	513	513	513	513	513	513	513	513	513	513	513	513	513	513	513	513	513	513	513
Intangible assets, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27	68	108	149
Other assets
-	-	-	-	-	-	4,900	-	-	-	5,100	-	-	-	3,680	255	311	185	169	197	166	180	120
Other Assets, Noncurrent
4,276	4,287	4,255	5,244	5,270	5,009	-	5,362	5,375	5,158	-	5,273	5,382	5,530	-	-	-	-	-	-	-	-	-
Total assets
140,338	136,232	141,517	141,959	135,391	129,619	134,271	134,149	138,797	128,933	136,483	140,177	151,788	145,101	147,652	132,115	133,664	135,794	144,254	145,247	149,440	69,114	69,857
LIABILITIES AND STOCKHOLDERS’ EQUITY
LIABILITIES
CURRENT LIABILITIES:
Accounts payable
14,061	12,240	16,129	15,117	12,395	12,020	11,946	9,709	14,663	9,694	10,762	13,481	17,085	14,493	15,140	9,962	12,001	12,666	10,154	10,421	16,548	14,169	10,802
Accrued Liabilities, Current
7,707	7,390	8,937	8,568	9,080	7,811	8,602	8,976	9,014	9,444	9,300	10,703	16,878	17,475	11,856	12,620	8,992	8,539	9,181	9,756	9,015	6,938	7,561
Operating lease liabilities, current
1,024	927	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt, current
0	0	20,000	20,000	20,000	20,000	0	0	0	0	20,000	20,000	20,000	20,000	0	0	0	0	12,451	10,000	10,000	0	10,000
Deferred Revenue, Current
41,532	39,681	38,786	38,183	35,393	33,885	33,279	36,761	32,954	31,847	31,727	31,349	29,792	27,707	27,893	26,178	23,978	22,704	22,014	20,970	17,977	15,988	15,915
Total current liabilities
64,324	60,238	83,852	81,868	76,868	73,716	53,827	55,446	56,631	50,985	71,789	75,533	83,755	79,675	54,889	48,760	44,971	43,909	53,800	51,147	53,540	37,095	44,278
Debt, non-current
20,000	20,000	0	0	0	0	20,000	20,000	20,000	20,000	0	0	0	0	20,000	20,000	20,000	20,000	7,301	9,719	9,721	19,655	9,624
Convertible preferred stock warrant liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	611	3,903
Deferred Revenue, Noncurrent
40,877	39,327	38,475	37,642	35,914	33,993	33,761	35,732	34,957	33,060	34,177	34,060	33,607	32,565	31,369	28,672	27,003	25,101	24,141	21,877	19,483	16,350	14,655
Operating lease liabilities, non-current
3,211	3,086	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
1,179	1,234	1,582	1,612	1,687	1,734	1,769	1,791	1,795	1,780	1,829	1,855	1,747	470	463	447	738	760	857	729	589	595	742
Total liabilities
129,591	123,885	123,909	121,122	114,469	109,443	109,357	112,969	113,383	105,825	107,795	111,448	119,109	112,710	106,721	97,879	92,712	89,770	86,099	83,472	83,333	74,306	73,202
Commitments and contingencies (Note 5)
-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stockholders’ equity:
Preferred stock, par value of $0.001 per share - 25,000,000 shares authorized as of June 30, 2019 and December 31, 2018; no shares issued and outstanding as of June 30, 2019 and December 31, 2018
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	69	-
Common stock, par value of $0.001 per share - 500,000,000 shares authorized as of June 30, 2019 and December 31, 2018; 57,373,710 and 55,867,619 shares issued and outstanding as of June 30, 2019 and December 31, 2018, respectively
57	56	56	56	55	55	55	55	54	53	52	52	51	50	49	48	48	46	46	46	46	20	18
Additional paid–in capital
301,722	297,273	293,910	289,383	285,722	281,146	278,528	273,287	268,929	261,730	258,063	250,807	244,340	235,982	231,289	223,853	219,288	212,926	208,998	204,632	201,590	123,980	116,902
Treasury stock - 2,469,978 shares as of June 30, 2019 and December 31, 2018, respectively
10,584	10,584	10,584	8,572	7,239	6,216	6,216	5,169	3,159	2,139	2,139	2,139	1,451	785	-	-	-	-	-	-	-	-	-
Accumulated other comprehensive income (loss)
46	14	-14	-25	-44	-69	-30	-9	-38	-37	-31	2	20	13	-61	-	-	-	0	-	-	-	-
Accumulated deficit
-280,494	-274,412	-265,760	-260,005	-257,572	-254,740	-247,423	-246,984	-240,372	-236,499	-227,257	-219,993	-210,281	-202,869	-190,346	-189,665	-178,384	-166,948	-150,889	-142,903	-135,529	-129,261	-120,334
Stockholders' Equity Attributable to Parent
10,747	12,347	17,608	20,837	20,922	20,176	24,914	21,180	25,414	23,108	28,688	28,729	32,679	32,391	40,931	34,236	40,952	46,024	58,155	61,775	66,107	-5,192	-3,345
Total liabilities and stockholders’ equity
140,338	136,232	141,517	141,959	135,391	129,619	134,271	134,149	138,797	128,933	136,483	140,177	151,788	145,101	147,652	132,115	133,664	135,794	144,254	145,247	149,440	69,114	69,857