Inspired entertainment, inc. (INSE)
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'14
Assets
Cash

48,500

29,100

29,600

33,700

19,033

15,988

22,500

10,176

13,419

10,989

20,028

22,700

13,345

30,936

1,486

-

-

-

-

-

-

-

Accounts receivable, net

32,300

24,200

10,000

10,700

14,127

11,542

14,300

17,756

14,491

12,680

20,469

15,021

21,752

16,393

16,446

-

-

-

-

-

-

-

Inventory, net

16,400

18,800

5,100

5,600

4,436

5,096

5,200

6,417

6,107

4,477

5,011

4,567

6,702

6,846

7,684

-

-

-

-

-

-

-

Fair value of hedging instrument

-

-

600

500

700

856

800

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

16,900

23,200

11,700

11,800

14,557

15,584

15,800

17,117

19,464

19,799

17,692

23,218

18,881

17,326

19,124

-

-

-

-

-

43

-

Corporate tax and other taxes receivable

-

-

1,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

216

519

256

405

696

867

1,123

Prepaid expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

50

137

62

94

129

-

164

Total current assets

114,100

95,300

58,000

62,300

52,853

49,066

58,600

51,466

53,481

47,945

63,200

65,506

60,680

71,501

44,740

267

657

318

500

826

910

1,287

Property and equipment, net

75,100

79,300

28,500

31,600

35,594

39,851

45,700

46,445

44,786

43,119

43,485

47,104

44,775

44,253

49,231

-

-

-

-

-

-

-

Software development costs, net

43,000

46,900

36,800

38,100

39,180

38,820

40,000

45,690

48,340

47,218

46,433

44,340

41,100

38,354

36,960

-

-

-

-

-

-

-

Other acquired intangible assets subject to amortization, net

8,300

9,900

2,300

3,200

4,084

4,803

5,700

6,622

7,905

8,465

9,240

9,776

10,167

10,861

12,234

-

-

-

-

-

-

-

Goodwill

75,700

80,900

43,300

44,700

45,779

44,862

45,800

46,387

49,225

47,437

47,076

45,656

43,829

43,474

45,705

-

-

-

-

-

-

-

Right of use asset

8,800

9,400

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment

-

600

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

5,500

5,100

6,500

7,800

10,164

9,214

12,100

10,028

9,007

9,196

9,589

1,005

980

-

1,000

-

-

-

-

-

-

-

Cash and marketable securities held in Trust Account

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

80,031

80,044

80,009

80,013

80,018

80,014

80,005

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

1,111

-

0

1

1

1

2

128

3

Total assets

330,500

327,400

175,400

187,700

187,654

186,616

207,900

206,638

212,744

203,380

219,023

213,387

201,531

209,554

189,870

80,299

80,703

80,329

80,515

80,847

81,053

81,295

Liabilities and Stockholders' Deficit
Current liabilities
Accounts payable

25,600

22,200

13,000

9,500

10,185

7,433

14,400

20,008

19,099

14,228

20,407

15,633

12,621

11,133

13,662

-

-

-

-

-

-

-

Accrued expenses

36,600

31,200

15,200

14,800

13,386

12,459

14,300

12,660

13,476

13,652

18,119

12,645

13,148

16,399

17,478

-

-

-

-

-

-

-

Earnout liability

-

-

-

-

-

6,353

8,000

8,961

8,317

12,071

0

-

-

-

-

-

-

-

-

-

-

-

Corporate tax and other current taxes payable

6,000

6,600

1,100

1,400

1,651

1,886

2,000

2,056

1,392

2,875

3,134

3,664

2,957

3,654

4,665

-

-

-

-

-

-

-

Deferred revenue, current

10,000

10,100

9,300

10,200

10,129

10,292

9,200

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

3,300

3,600

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current liabilities

2,300

1,900

3,500

5,600

2,939

3,617

3,900

3,904

4,682

3,547

4,420

3,956

3,133

3,913

3,115

-

-

-

-

-

-

-

Current portion of long-term debt

24,800

2,600

9,000

9,300

-

-

-

0

17,261

13,502

7,369

16,010

13,723

16,952

10,082

-

-

-

-

-

-

-

Current portion of finance lease liabilities

-

100

-

-

-

-

500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of capital lease obligations

-

-

100

200

274

403

-

523

527

535

562

618

484

208

210

-

-

-

-

-

-

-

Accounts payable and accrued expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,538

2,765

2,645

2,103

1,713

30

85

Convertible promissory notes - related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

500

500

0

-

-

-

-

Promissory notes - related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Advance from related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

Total current liabilities

108,600

78,300

51,200

51,000

38,564

42,443

52,300

75,399

74,425

71,322

61,220

66,900

56,313

60,637

58,805

4,038

3,265

2,645

2,103

1,713

30

85

Long-term debt

258,400

270,500

132,800

132,400

131,904

131,453

131,200

127,923

116,436

110,302

115,396

109,675

103,298

100,678

402,327

-

-

-

-

-

-

-

Finance lease liabilities, net of current portion

-

-

-

-

-

-

100

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital lease obligations, net of current portion

-

-

-

-

1

27

-

133

276

427

532

606

394

111

165

-

-

-

-

-

-

-

Deferred revenue, net of current portion

15,300

17,700

17,900

18,400

19,733

21,685

23,900

11,021

9,671

10,912

7,209

14,374

10,247

8,378

9,593

-

-

-

-

-

-

-

Deferred revenue, net of current portion

-

-

-

-

-

-

-

22,678

22,160

20,341

20,144

9,782

10,066

10,789

12,282

-

-

-

-

-

-

-

Earnout liability, net of current portion

-

-

-

-

-

-

-

0

0

0

16,728

13,168

10,478

8,299

0

-

-

-

-

-

-

-

Derivative liability

1,300

-

500

4,000

6,145

4,751

7,800

0

0

4,106

964

1,439

1,136

806

0

-

-

-

-

-

-

-

Operating lease liabilities

5,000

5,200

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

1,400

5,200

4,800

4,500

4,531

4,642

5,100

1,760

4,688

7,029

6,368

13,896

12,774

12,115

12,362

2,800

2,800

2,800

2,800

2,800

2,800

2,800

Total liabilities

390,000

376,900

207,200

210,300

200,878

205,001

220,400

211,627

217,985

213,527

221,352

215,466

194,459

193,435

485,941

6,838

6,065

5,445

4,903

4,513

2,830

2,885

Commitments and contingencies

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock subject to possible redemption, 6,796,697 and 6,987,568 shares at conversion value as of September 30, 2016 ad December 31, 2015, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

68,461

69,637

69,883

70,612

71,333

73,223

73,410

Stockholders' deficit
Preferred stock value

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock; $0.0001 par value; 49,000,000 shares authorized; 22,397,727 shares and 22,230,768 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively

-

-

-

-

2

2

-

2

2

2

2

2

2

2

1

0

0

0

0

0

0

0

Additional paid in capital

347,600

346,600

345,300

343,100

340,210

329,855

328,500

326,967

325,492

321,688

323,429

321,608

320,248

318,957

614

10,090

8,913

8,667

7,938

7,218

5,327

5,141

Accumulated other comprehensive income

51,500

45,100

51,300

54,200

55,747

55,988

58,500

55,619

52,823

51,223

53,145

45,936

48,116

49,334

33,105

-

-

-

-

-

-

-

Accumulated deficit

-458,600

-441,200

-428,400

-419,900

-409,183

-404,230

-399,500

-387,577

-383,558

-383,060

-378,905

-369,625

-361,294

-352,174

-329,791

-5,090

-3,914

-3,667

-2,939

-2,218

-327

-141

Total stockholders' deficit

-59,500

-49,500

-31,800

-22,600

-13,224

-18,385

-12,500

-4,989

-5,241

-10,147

-2,329

-2,079

7,072

16,119

-296,071

5,000

5,000

5,000

5,000

5,000

5,000

5,000

Total liabilities and stockholders' deficit

330,500

327,400

175,400

187,700

187,654

186,616

207,900

206,638

212,744

203,380

219,023

213,387

201,531

209,554

189,870

80,299

80,703

80,329

80,515

80,847

81,053

81,295