Infusystem holdings, inc (INFU)
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
Current assets:
Cash and cash equivalents

305

2,647

3,157

1,702

1,900

4,318

3,882

2,361

1,530

3,469

803

76

194

3,398

1,072

805

569

818

989

791

3,224

515

1,902

1,041

496

1,138

908

102

472

2,326

1,464

804

0

799

433

1,723

5,014

Accounts receivable, net

13,985

12,097

11,462

11,218

10,475

9,593

10,043

9,892

11,087

11,284

10,971

11,547

12,079

11,581

12,216

13,675

13,025

12,622

13,584

12,304

11,498

10,300

11,505

10,768

12,099

10,697

9,291

9,440

9,570

8,511

7,629

7,752

8,320

7,350

7,983

6,727

6,679

Accounts receivable - related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

2

3

98

-

-

-

Inventories

4,232

2,899

2,768

2,742

2,553

2,254

1,985

1,991

2,063

1,764

1,873

1,962

2,135

2,166

2,065

2,096

2,622

1,916

1,907

1,898

1,979

1,758

1,589

1,485

1,398

1,234

1,343

1,379

1,378

1,339

3,804

3,885

3,918

1,309

2,155

1,406

1,699

Other current assets

2,002

1,662

1,605

1,368

1,470

1,372

1,303

1,634

1,114

1,150

1,121

1,314

1,304

949

1,260

1,207

1,087

861

824

1,044

1,129

633

621

712

714

518

625

713

832

684

-

-

-

934

-

-

-

Prepaid expenses and other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

632

746

874

-

736

976

750

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

0

0

2,675

2,743

2,743

2,743

2,743

2,252

2,252

2,252

2,252

2,296

2,296

2,296

2,296

1,986

1,986

1,986

1,971

647

646

681

682

1,249

1,209

1,147

Total current assets

20,524

19,305

18,992

17,030

16,398

17,537

17,213

15,878

15,794

17,667

14,768

14,899

15,712

20,769

19,356

20,526

20,046

18,960

19,556

18,289

20,082

15,458

17,913

16,302

17,003

15,883

14,153

13,620

14,238

14,831

14,179

13,835

13,796

11,172

12,556

12,041

15,289

Medical equipment for sale or rental

3,040

1,306

2,051

1,927

1,810

1,601

2,214

1,646

1,481

1,567

1,200

1,289

1,371

1,642

1,610

1,524

2,426

2,277

2,032

3,959

2,671

2,255

2,365

2,255

2,955

3,664

2,995

3,155

2,582

2,626

-

-

-

2,013

-

-

-

Medical equipment in rental service, net of accumulated depreciation

34,806

33,225

32,269

28,873

26,109

23,488

21,932

22,154

22,681

23,369

24,301

25,715

26,896

28,036

29,672

29,805

29,799

27,837

24,831

22,720

21,908

19,814

17,662

16,185

15,405

14,438

14,941

14,005

13,223

13,071

-

-

-

14,732

-

-

-

Property & equipment, net of accumulated depreciation

4,382

4,037

2,845

1,539

1,368

1,445

1,494

1,540

1,546

1,633

1,711

1,815

1,914

1,997

2,140

2,236

2,308

2,370

2,321

2,390

2,457

2,451

2,370

1,577

915

872

813

798

848

867

14,037

14,440

14,864

927

16,883

16,934

16,672

Deferred debt issuance costs, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

142

150

147

1,194

1,349

1,505

1,661

1,817

1,972

2,106

2,232

2,362

143

194

367

421

477

536

658

Goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,000

3,585

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,279

64,092

Intangible assets, net

14,388

15,463

16,539

17,616

18,740

19,865

21,002

22,162

23,327

24,514

26,951

28,293

29,633

31,239

31,814

31,855

31,833

31,534

30,726

26,584

25,852

25,073

24,461

24,287

24,075

24,182

24,075

24,221

24,871

25,541

26,260

26,924

27,597

28,221

28,683

31,469

33,252

Operating lease right of use assets

5,380

5,733

5,004

5,182

2,671

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

16,334

16,638

16,196

12,436

12,022

12,116

12,080

12,128

12,944

13,878

14,143

13,756

14,696

15,376

15,998

16,300

17,259

17,689

17,755

17,806

19,002

18,872

18,497

18,187

20,135

10,454

-

Other assets

158

155

195

194

149

137

137

137

136

131

70

61

171

225

474

222

260

251

225

224

206

212

208

248

238

217

184

157

477

419

402

458

509

590

758

851

401

Total assets

82,678

79,224

77,895

72,361

67,245

64,073

63,992

63,517

64,965

68,881

85,335

88,710

91,893

96,344

97,088

98,284

98,752

95,357

93,777

91,779

87,466

80,213

81,024

77,735

78,250

77,373

76,392

75,751

76,226

77,523

74,023

74,723

75,630

76,263

79,492

93,564

130,364

Current liabilities:
Accounts payable

12,795

7,962

10,669

10,206

9,672

7,091

7,059

5,985

5,545

5,516

4,093

5,247

4,902

5,315

4,676

5,346

8,014

6,586

5,526

6,306

5,367

5,215

4,570

4,101

5,153

4,736

4,329

3,833

3,056

2,135

4,857

4,778

3,180

4,004

1,945

1,716

2,016

Capital lease liability, current

-

-

-

-

-

-

101

238

389

505

584

593

2,715

2,938

-

-

-

3,187

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable - related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

42

-

0

59

-

-

-

Derivative liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

223

236

256

258

302

195

183

Revolving credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,500

1,940

2,500

-

-

-

-

Current portion of long-term debt

7,295

8,082

7,009

6,084

5,337

4,903

4,775

3,037

3,039

3,039

2,849

2,660

30,369

5,314

7,283

5,939

5,177

1,842

5,266

6,744

5,537

6,452

4,238

3,871

5,305

5,118

3,239

3,124

3,872

3,953

22,403

6,256

6,303

6,576

6,673

6,419

5,551

Other current liabilities

3,708

5,803

4,136

4,244

3,466

2,796

2,727

2,407

1,935

3,414

2,427

2,494

2,127

2,872

2,692

2,560

2,462

3,641

4,018

3,188

2,157

3,062

3,303

2,573

2,479

3,187

2,824

2,782

4,182

4,098

3,734

2,742

2,376

2,235

2,061

2,579

4,631

Total current liabilities

23,798

21,847

21,814

20,534

18,475

14,790

14,662

11,667

10,908

12,474

9,953

10,994

40,113

16,439

14,651

13,845

15,653

15,256

14,810

16,238

13,061

14,729

12,111

10,545

12,937

13,041

10,392

9,739

11,110

10,195

32,759

14,012

12,115

13,132

10,981

10,909

12,381

Long-term debt, net of current portion

32,325

30,295

30,342

27,478

27,519

28,842

28,661

21,961

22,719

25,352

26,535

28,719

-

26,577

31,356

33,482

32,433

26,548

29,969

28,033

28,080

19,032

23,631

22,829

21,864

21,609

24,380

25,204

24,594

27,315

1,928

19,570

21,008

22,551

24,126

25,099

26,646

Deferred income taxes

113

104

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital lease liability, long-term

-

-

-

-

-

-

0

0

0

33

101

238

2,122

2,573

-

-

-

3,233

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

76

76

29

-

62

62

86

62

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,250

-

5,788

Operating lease liabilities, net of current portion

4,422

4,644

3,944

4,021

1,479

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

-

-

-

-

-

-

0

172

20

7

-

-

-

66

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

470

415

414

403

406

Other long-term liabilities

-

-

-

-

-

-

-

-

-

-

-

61

24

-

102

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

-

-

-

52,109

47,502

-

43,385

33,862

33,733

37,928

26,636

29,018

2,146

29,216

-

-

-

29,781

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

60,658

56,890

56,176

-

-

43,632

-

-

-

-

36,589

40,012

42,259

45,655

46,109

47,327

48,086

45,037

44,779

44,271

41,141

33,761

35,742

33,374

34,801

34,650

34,772

34,943

35,704

37,510

34,687

35,522

36,093

36,098

38,771

36,411

45,221

Stockholders’ equity:
Preferred stock, $.0001 par value: authorized 1,000,000 shares; none issued

-

-

-

-

-

-

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, $.0001 par value: authorized 200,000,000 shares; issued and outstanding 23,543,414 and 20,024,925, respectively, as of March 31, 2020 and 23,400,625 and 19,882,136, respectively, as of December 31, 2019

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

1

2

2

Additional paid-in capital

83,803

83,699

83,889

83,557

83,429

83,167

83,058

91,587

92,659

92,584

92,383

92,206

92,036

91,829

91,647

91,681

91,543

91,238

90,964

90,842

90,442

90,155

90,020

89,951

89,925

89,783

89,544

89,381

89,200

88,742

88,286

88,184

87,827

87,541

87,362

87,103

87,004

Accumulated other comprehensive loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-135

-136

-165

-98

-64

Retained deficit

-61,785

-61,367

-62,172

-63,307

-63,688

-62,728

-62,453

-61,934

-61,429

-61,633

-43,639

-43,510

-42,404

-41,142

-40,670

-40,726

-40,879

-40,920

-41,968

-43,336

-44,119

-43,705

-44,740

-45,592

-46,478

-47,062

-47,926

-48,575

-48,680

-48,731

-48,952

-48,985

-48,157

-47,242

-46,477

-29,854

-1,799

Total stockholders’ equity

22,020

22,334

21,719

20,252

19,743

20,441

20,607

29,655

31,232

30,953

48,746

48,698

49,634

50,689

50,979

50,957

50,666

50,320

48,998

47,508

46,325

46,452

45,282

44,361

43,449

42,723

41,620

40,808

40,522

40,013

39,336

39,201

39,537

40,165

40,721

57,153

85,143

Total liabilities and stockholders’ equity

82,678

79,224

77,895

72,361

67,245

64,073

63,992

63,517

64,965

68,881

85,335

88,710

91,893

96,344

97,088

98,284

98,752

95,357

93,777

91,779

87,466

80,213

81,024

77,735

78,250

77,373

76,392

75,751

76,226

77,523

74,023

74,723

75,630

76,263

79,492

93,564

130,364