Inspire medical systems, inc. (INSP)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Dec'16
Assets
Current assets:
Cash and cash equivalents

76,117

22,860

48,044

51,268

101,945

97,288

26,312

121,853

11,147

8,955

6,685

Investments, short-term

59,608

126,605

103,558

107,352

75,069

90,922

94,114

2,107

6,756

7,188

0

Accounts receivable, net of allowance for credit losses of $35 and $48, respectively

11,032

13,131

10,985

9,465

7,036

6,667

5,410

4,488

3,459

3,858

2,091

Inventories

7,245

5,834

4,675

3,561

3,106

2,667

3,075

3,548

3,394

3,670

3,355

Prepaid expenses and other current assets

1,429

2,206

3,200

5,596

1,387

1,734

1,044

1,032

2,187

426

118

Total current assets

155,431

170,636

170,462

177,242

188,543

199,278

129,955

133,028

26,943

24,097

12,249

Investments, long-term

6,139

6,276

9,625

6,116

-

0

-

-

-

-

-

Property and equipment, cost

-

-

-

-

-

-

1,553

1,846

1,794

1,804

1,548

Less: accumulated depreciation and amortization

-

-

-

-

-

-

788

981

883

810

681

Property and equipment, net

3,113

3,045

2,757

1,826

974

802

765

865

911

994

867

Operating lease right-of-use asset

672

915

-

-

-

0

-

-

-

-

-

Other non-current asset

381

381

381

381

89

0

-

-

-

-

-

Total assets

165,736

181,253

183,225

185,565

189,606

200,080

130,720

133,893

27,854

25,091

13,116

Liabilities and stockholders' equity
Current liabilities:
Accounts payable

5,821

4,459

4,838

2,681

3,203

3,429

2,449

2,245

3,916

2,998

1,173

Accrued expenses

7,896

12,397

7,865

5,980

4,623

7,726

4,962

4,195

3,143

4,149

2,704

Interest

-

-

-

-

-

-

184

182

181

117

103

Current portion of notes payable

-

-

-

-

-

-

-

2,722

681

-

3,310

Total current liabilities

13,717

16,856

12,703

8,661

7,826

11,155

7,595

9,344

7,921

7,147

7,290

Notes payable

24,576

24,522

24,468

24,415

24,364

24,926

24,814

21,974

23,890

16,460

12,381

Other non-current liability

40

40

-

-

-

0

-

-

-

-

-

Preferred stock warrants

-

-

-

-

-

-

0

-

978

157

53

Total long-term liabilities

-

-

-

-

-

-

24,814

21,974

24,868

16,617

12,434

Total liabilities

38,333

41,418

37,171

33,076

32,190

36,081

-

-

-

23,764

-

Stockholders' equity:
Preferred Stock, $0.001 par value, 10,000,000 shares authorized; no shares issued and outstanding at March 31, 2020 and December 31, 2019

0

0

-

-

-

-

0

0

119,106

119,106

94,138

Common Stock, $0.001 par value per share; 200,000,000 shares authorized at March 31, 2020 and December 31, 2019; 24,362,389 and 24,107,350 issued and outstanding at March 31, 2020 and December 31, 2019, respectively

24

24

24

24

24

23

21

21

1

1

1

Additional paid-in capital

323,473

319,865

317,016

315,243

312,555

310,941

240,451

239,996

7,546

7,305

6,827

Accumulated other comprehensive income

300

100

100

100

16

-100

-26

0

-

0

0

Accumulated deficit

-196,389

-180,156

-171,076

-162,829

-155,179

-146,913

-142,135

-137,442

-131,586

-125,085

-107,574

Total stockholders' equity

127,403

139,835

146,054

152,489

157,416

163,999

98,311

102,575

-4,935

1,327

-6,608

Total liabilities and stockholders' equity

165,736

181,253

183,225

185,565

189,606

200,080

130,720

133,893

27,854

25,091

13,116