Ikonics corp (IKNX)
Balance Sheet / Yearly
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
CURRENT ASSETS:
Cash and cash equivalents

1,605

963

758

297

617

1,623

1,559

1,355

1,162

929

2,001

1,240

608

1,048

917

800

1,065

2,248

3,036

2,368

1,938

1,936

2,203

1,129

2,143

1,704

1,179

1,269

516

967

-

-

-

1,867

-

-

-

Cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,249

1,537

1,990

-

1,489

1,103

1,291

Short-term investments

980

2,205

2,450

2,940

2,940

2,695

2,695

2,920

2,675

2,895

1,915

2,895

3,338

3,246

3,399

3,399

-

0

225

1,205

1,861

1,766

1,796

2,015

1,260

1,464

1,814

829

1,444

1,442

1,647

1,646

1,637

1,835

2,032

2,231

2,217

Trade receivables, less allowance of $115,000 in 2020 and $58,000 in 2019

1,760

2,434

2,211

2,223

1,821

2,215

1,975

1,868

2,031

2,190

1,644

2,066

1,930

2,336

2,154

1,811

2,221

2,165

2,282

2,154

1,750

2,096

2,049

2,244

2,213

2,050

1,899

2,383

2,184

2,060

2,268

2,417

2,219

2,180

2,268

2,226

1,883

Inventories

2,588

2,180

2,573

2,512

2,840

2,046

2,270

2,471

2,368

2,086

2,546

2,276

2,232

1,986

2,079

2,215

2,254

2,119

2,278

2,363

2,743

2,630

2,689

2,631

2,888

2,554

2,515

2,432

2,965

2,678

2,575

2,685

2,412

2,234

2,310

2,577

2,198

Prepaid expenses and other assets

328

906

952

262

259

375

210

184

193

168

104

146

391

361

178

141

182

85

104

145

266

86

133

135

162

103

135

176

152

124

-

-

-

82

-

-

-

Prepaid expenses and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

170

103

153

-

93

101

63

Income taxes receivable

245

1

-

185

113

2

10

3

42

2

327

273

280

66

71

131

242

102

172

246

414

163

124

72

-

16

91

17

72

-

-

-

94

59

-

-

0

Deferred income taxes (Note 2)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

178

178

178

178

150

150

150

150

142

142

142

142

-

-

-

144

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

144

144

144

-

157

157

157

Total current assets

7,508

8,692

8,946

8,420

8,591

8,958

8,722

8,804

8,474

8,271

8,538

8,899

8,782

9,045

8,799

8,499

5,964

6,721

8,278

8,662

9,151

8,857

9,146

8,379

8,817

8,045

7,779

7,252

7,477

7,417

9,054

8,535

8,651

8,404

8,352

8,398

7,811

PROPERTY, PLANT, AND EQUIPMENT, at cost:
Land and building

9,556

9,556

9,503

9,500

9,500

9,500

9,507

9,366

9,218

9,207

9,202

9,201

9,201

9,189

9,189

9,383

6,366

6,391

6,394

6,500

6,414

6,247

6,247

6,251

6,123

6,123

6,110

6,090

6,090

6,063

6,064

6,064

6,064

5,982

5,998

5,901

5,888

Machinery and equipment

5,270

5,198

5,192

5,132

5,022

4,964

5,110

5,074

5,001

4,968

4,980

4,950

4,909

4,884

4,904

4,873

4,427

4,275

4,273

4,208

4,138

3,956

3,943

3,972

3,877

3,781

3,690

3,487

3,368

3,219

3,272

3,224

3,153

3,021

2,986

2,510

2,455

Office equipment

1,440

1,402

1,604

1,565

1,564

1,559

1,583

1,583

1,578

1,573

1,600

1,600

1,590

1,566

1,157

961

943

933

946

817

781

754

774

740

725

722

742

738

732

700

700

698

677

662

693

688

642

Vehicles

245

245

245

245

245

245

245

245

245

245

245

269

272

272

272

272

272

272

247

247

247

247

247

247

237

237

237

237

237

237

235

235

235

235

234

234

234

Construction in progress

-

-

-

-

-

-

-

-

-

-

-

-

-

-

398

361

3,103

2,491

1,110

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property, plant, and equipment, Gross

16,513

16,403

16,547

16,444

16,333

16,270

16,447

16,270

16,044

15,995

16,029

16,022

15,973

15,913

15,922

15,851

15,112

14,364

12,971

11,773

11,581

11,205

11,212

11,212

10,963

10,864

10,781

10,554

10,428

10,221

10,273

10,222

10,130

9,901

9,913

9,335

9,220

Less accumulated depreciation

8,646

8,487

8,612

8,457

8,298

8,185

8,232

8,040

7,893

7,693

7,561

7,397

7,213

7,001

6,892

6,691

6,546

6,407

6,279

6,116

5,949

5,789

5,664

5,507

5,372

5,230

5,171

5,031

4,894

4,759

4,825

4,699

4,580

4,464

4,506

4,404

4,207

Total property, plant and equipment at cost, net

7,867

7,915

7,934

7,987

8,034

8,084

8,215

8,230

8,150

8,301

8,467

8,625

8,760

8,912

9,030

9,160

8,566

7,957

6,692

5,656

5,632

5,416

5,547

5,704

5,591

5,634

5,610

5,523

5,534

5,461

5,447

5,523

5,550

5,436

5,406

4,930

5,012

INTANGIBLE ASSETS, less accumulated amortization of $188,397 in 2020 and $181,609 in 2019

268

271

281

292

372

376

368

370

360

351

351

340

339

338

343

346

344

336

330

325

365

353

348

348

332

322

335

338

327

305

292

296

299

326

334

333

317

Total assets

15,643

16,879

17,162

16,699

16,999

17,419

17,306

17,405

16,985

16,924

17,357

17,864

17,882

18,295

18,173

18,006

14,875

15,015

15,301

14,644

15,149

14,627

15,043

14,432

14,742

14,001

13,724

13,113

13,339

13,184

14,794

14,354

14,501

14,167

14,093

13,662

13,141

CURRENT LIABILITIES
Current portion of long-term debt

134

133

132

131

129

129

128

126

131

130

129

129

128

127

126

125

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

-

-

-

-

-

-

-

-

608

-

-

-

842

-

-

-

-

-

-

596

857

-

797

511

878

532

660

317

742

593

506

496

826

549

689

462

441

Accounts payable

763

761

772

533

860

647

711

830

-

321

800

874

-

730

747

510

591

420

451

-

-

371

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable - Construction

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

60

96

333

569

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued compensation

289

382

256

331

236

366

244

341

232

360

235

337

242

388

253

308

397

350

394

248

334

294

374

244

327

274

333

207

276

265

307

198

267

244

322

359

282

Other accrued liabilities

129

657

944

242

143

159

253

84

112

62

116

91

92

67

97

118

94

31

70

107

297

78

120

66

102

67

97

75

130

81

109

82

133

45

70

57

45

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

77

-

-

-

-

82

88

46

-

-

2

0

8

Total current liabilities

1,316

1,934

2,105

1,238

1,369

1,303

1,336

1,382

1,085

875

1,282

1,432

1,305

1,313

1,232

1,123

1,178

1,135

1,485

951

1,489

744

1,291

822

1,386

874

1,090

600

1,150

1,023

1,011

824

1,226

838

1,086

878

777

LONG-TERM LIABILITIES
Long-term debt, less current portion

2,654

2,688

2,722

2,755

2,788

2,821

2,854

2,886

2,912

2,946

2,979

3,012

3,044

3,077

3,109

3,141

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

183

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

183

183

-

156

156

156

144

446

446

446

446

385

385

385

385

545

545

545

545

527

527

527

527

431

431

431

366

338

338

338

338

171

171

171

Total long-term liabilities

-

-

2,722

2,938

2,971

3,004

3,011

3,043

3,069

3,090

3,425

3,458

3,490

3,523

3,494

3,526

-

385

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

3,970

4,622

4,827

4,176

4,341

4,308

4,348

4,426

4,155

3,966

4,707

4,890

4,796

4,836

4,727

4,649

1,563

1,520

2,030

1,496

2,034

1,289

1,818

1,349

1,913

1,401

1,521

1,031

1,581

1,389

1,349

1,162

1,564

1,176

1,257

1,049

948

COMMITMENTS AND CONTINGENCIES

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

STOCKHOLDERS' EQUITY
Preferred stock, par value $.10 per share; authorized 250,000 shares; issued none

-

-

-

-

-

-

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, par value $.10 per share; authorized 4,750,000 shares; issued and outstanding 1,976,354 shares in 2020 and 2019.

197

197

197

198

198

198

198

198

198

198

199

201

201

201

201

201

201

201

201

201

201

201

201

201

201

201

200

200

200

199

199

198

198

198

198

198

197

Additional paid-in-capital

2,725

2,721

2,719

2,723

2,724

2,723

2,719

2,715

2,712

2,709

2,714

2,742

2,737

2,732

2,725

2,718

2,712

2,703

2,697

2,691

2,686

2,681

2,674

2,670

2,615

2,592

2,555

2,551

2,521

2,470

2,407

2,384

2,371

2,363

2,345

2,337

2,263

Retained earnings

8,750

9,337

9,417

9,601

9,734

10,189

10,040

10,064

9,919

10,050

9,735

10,029

10,146

10,525

10,519

10,436

10,397

10,590

10,370

10,254

10,226

10,455

10,348

10,209

10,011

9,806

9,445

9,329

9,036

9,124

10,837

10,609

10,366

10,428

10,292

10,077

9,732

Total stockholders' equity

11,673

12,256

12,334

12,523

12,657

13,111

12,957

12,979

12,830

12,957

12,649

12,973

13,085

13,459

13,446

13,357

13,311

13,495

13,270

13,147

13,114

13,338

13,224

13,082

12,828

12,599

12,202

12,082

11,758

11,794

13,444

13,192

12,936

12,990

12,836

12,612

12,192

Total liabilities and stockholders' equity

15,643

16,879

17,162

16,699

16,999

17,419

17,306

17,405

16,985

16,924

17,357

17,864

17,882

18,295

18,173

18,006

14,875

15,015

15,301

14,644

15,149

14,627

15,043

14,432

14,742

14,001

13,724

13,113

13,339

13,184

14,794

14,354

14,501

14,167

14,093

13,662

13,141