Identiv, inc. (INVE)
Balance Sheet / TTM
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
ASSETS
Current assets:
Cash

8,696

9,383

11,052

11,117

8,930

-

14,240

17,922

16,685

-

15,741

17,968

7,882

9,116

9,183

9,402

8,955

16,667

21,416

30,846

33,087

36,547

41,126

12,525

12,030

5,095

-

-

-

-

-

-

-

-

-

-

-

Cash and cash equivalents

-

-

-

-

-

10,866

-

-

-

19,052

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,541

3,690

5,485

6,109

6,291

6,338

13,339

17,239

17,720

20,618

10,799

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,017

-

-

-

-

-

-

Accounts receivable, net of allowances of $281 and $299 as of March 31, 2020 and December 31, 2019, respectively

20,040

18,363

19,261

17,560

15,456

14,952

14,129

13,974

12,518

12,282

10,642

10,636

8,797

9,430

9,159

8,984

8,494

7,915

10,464

13,004

9,613

13,612

11,967

13,061

12,940

13,289

17,964

14,446

15,188

13,842

13,377

13,757

13,472

13,578

14,765

14,926

15,231

Inventories

15,943

16,145

13,964

13,588

12,460

13,631

11,973

12,751

11,556

11,126

13,396

12,520

12,577

11,596

12,140

13,823

15,177

14,726

15,128

12,475

9,922

9,254

8,716

10,168

10,347

8,995

11,010

11,776

10,498

7,609

10,814

9,883

10,385

9,263

10,067

10,419

10,584

Income taxes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

166

240

126

Prepaid expenses and other current assets

2,533

2,292

2,812

2,931

2,361

2,743

2,383

1,884

1,853

1,779

2,492

1,898

1,827

1,510

3,399

1,919

2,226

1,518

-

-

-

-

-

-

-

-

3,282

2,983

3,590

-

4,397

2,934

2,740

2,426

-

-

2,088

Prepaid expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,181

1,215

1,301

1,002

1,040

1,154

1,031

957

-

-

-

976

-

-

-

-

-

-

-

Other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,591

3,527

912

1,200

1,457

1,416

1,672

1,766

-

-

-

2,064

-

-

-

-

3,160

2,821

-

Current assets of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

96

-

2,727

-

-

-

6,590

-

-

-

-

-

-

-

Total current assets

47,212

46,183

47,089

45,196

39,207

42,192

42,725

46,531

42,612

44,239

42,271

43,022

31,083

31,652

33,881

34,128

34,852

40,826

49,780

61,067

54,835

61,615

64,306

38,420

38,020

32,829

41,797

32,895

34,761

37,190

36,896

32,912

39,936

42,506

45,878

49,024

38,828

Property and equipment, net

1,956

2,042

2,202

2,425

2,669

2,624

2,135

2,012

2,151

2,043

2,117

2,005

2,200

2,416

2,672

3,103

3,433

4,218

4,729

4,954

5,053

5,311

5,631

5,566

5,696

5,888

8,837

9,077

9,141

5,889

7,464

3,923

8,680

6,699

5,406

5,761

5,373

Operating lease right-of-use assets

4,102

4,629

5,133

5,525

5,970

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

9,342

10,104

10,722

11,378

11,997

10,980

9,155

9,686

10,217

4,365

4,728

5,092

5,456

5,820

6,183

6,547

6,911

7,275

7,639

8,003

8,367

8,730

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

10,138

10,238

10,128

10,138

10,441

9,286

5,781

5,781

5,880

-

-

-

-

-

-

-

-

-

7,783

7,783

8,747

8,853

8,900

8,980

8,994

8,991

22,723

44,950

44,711

24,664

44,544

48,950

73,395

59,044

58,996

62,003

47,126

Intangible assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,094

9,458

9,821

10,184

10,572

11,009

11,439

11,676

12,309

17,660

38,476

36,001

37,477

37,520

33,865

Other assets

1,051

1,122

1,216

1,188

1,322

1,224

1,146

1,039

1,072

715

722

725

754

712

851

897

927

1,129

793

1,126

1,421

1,371

1,057

1,150

1,305

867

1,169

1,315

1,396

1,671

539

522

548

501

476

508

793

Long-term assets of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23,815

-

-

-

-

-

-

-

Total assets

73,801

74,318

76,490

75,850

71,606

66,306

60,942

65,049

61,932

51,362

49,838

50,844

39,493

40,600

43,587

44,675

46,123

53,448

70,724

82,933

78,423

85,880

88,988

63,574

63,836

58,759

85,098

99,246

101,448

104,905

101,752

103,967

161,035

144,751

148,233

154,816

125,985

LIABILITIES AND STOCKHOLDERS´ EQUITY
Current liabilities:
Accounts payable

8,473

8,799

7,596

8,211

6,304

5,654

5,584

7,181

7,028

5,863

7,552

8,500

7,445

6,024

6,369

7,481

5,106

6,280

5,491

8,732

6,713

8,372

6,838

10,093

11,173

9,353

15,365

12,983

13,336

9,805

15,344

11,755

13,881

11,941

10,425

9,173

12,833

Current portion - contractual payment obligation

664

1,311

1,192

1,122

1,050

1,025

989

-

-

888

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earn-out liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,510

3,510

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion - financial liabilities, net of discount and debt issuance costs of $107 and $41 as of March 31, 2020 and December 31, 2019, respectively

17,758

14,189

-

-

-

-

-

953

919

-

877

844

803

786

760

731

703

681

373

659

659

635

-

-

-

2,971

-

-

-

-

1,983

1,760

1,618

-

57

230

630

Current portion - financial liabilities, net of discount and debt issuance costs of $41 and $25 as of December 31, 2019 and December 31, 2018, respectively

-

-

14,812

13,222

11,787

11,554

11,245

-

-

9,829

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

1,662

1,814

1,914

1,880

2,067

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion - financial liabilities, net of discount and debt issuance costs of $133 and $404, respectively

-

-

-

-

-

-

-

13,586

12,401

-

9,957

8,570

7,943

8,119

9,625

9,722

9,618

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes payable

-

-

-

-

-

2,000

2,000

2,000

2,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

829

829

1,040

Deferred revenue

1,736

2,193

2,880

3,052

2,779

2,174

2,265

2,943

-

900

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liability to related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,029

1,043

1,056

-

1,606

1,574

1,548

1,098

1,557

1,525

1,528

1,076

1,066

1,057

1,058

Liability for consumer cards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,963

5,680

5,705

-

5,600

4,966

5,805

-

-

-

-

Financial liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,083

833

-

-

6,477

4,872

5,046

2,842

-

-

-

884

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

4,327

-

1,143

1,137

926

1,085

1,145

1,232

1,371

1,515

1,423

4,235

350

508

444

523

504

729

3,232

3,209

3,164

641

3,050

3,536

3,283

2,085

2,907

1,175

1,244

Accrued compensation and related benefits

1,877

1,671

1,853

1,866

1,779

1,794

1,819

1,804

1,897

1,515

1,639

1,412

1,724

1,520

1,667

1,639

1,788

1,905

2,441

2,113

1,984

2,139

2,703

2,789

3,054

3,383

3,911

3,338

3,307

2,503

3,613

3,397

4,075

3,527

4,104

2,941

3,694

Other accrued expenses and liabilities

4,015

4,498

4,179

4,696

4,165

5,277

2,997

2,686

3,202

2,020

2,978

3,425

4,062

5,032

6,876

6,587

7,986

5,835

6,037

5,000

3,562

4,471

5,115

4,256

4,724

5,239

8,160

6,685

7,565

3,948

7,995

6,607

8,375

6,249

6,913

8,011

8,980

Current liabilities of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,630

-

-

-

16,481

-

-

-

-

-

-

-

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

181

131

44

Total current liabilities

36,185

34,475

34,426

34,049

29,931

29,478

26,899

31,153

31,774

21,015

24,146

23,888

22,903

22,566

26,442

27,392

26,572

16,216

15,765

20,739

16,778

19,635

18,212

19,537

20,511

24,378

45,714

38,341

39,671

37,318

39,142

33,546

38,565

25,762

26,482

23,547

29,523

Long-term contractual payment obligation

720

360

860

1,216

1,569

1,860

2,157

-

-

2,998

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term operating lease liabilities

2,635

3,013

3,409

3,827

4,072

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term financial liabilities, net of discount and debt issuance costs of $0 and $582, respectively (see Note 8)

-

-

-

-

-

-

-

-

-

2,921

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term earn-out liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,094

5,663

-

-

-

Long-term liability to related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,287

5,413

5,537

-

5,804

5,934

6,063

6,177

6,997

7,104

7,210

7,303

7,390

7,475

7,615

Long-term payment obligation

-

-

-

-

-

-

-

2,447

2,731

-

3,281

3,533

3,766

3,987

4,209

4,457

4,675

4,878

5,349

5,218

5,373

5,545

11,842

14,801

13,503

3,051

4,759

8,040

8,590

6,167

3,899

4,118

4,901

1,189

-

-

-

Long-term financial liabilities, net of discount and debt issuance costs of $0 and $582, respectively

-

-

-

-

-

-

-

-

2,622

-

6,474

7,047

7,634

9,779

8,289

8,205

8,180

17,656

18,058

18,017

13,977

13,938

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term deferred revenue

550

640

685

660

625

636

1,226

958

-

190

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term mortgage loan payable to bank

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

811

873

840

Long-term debt note

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

632

829

950

Deferred tax liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,851

6,761

6,361

6,094

6,234

6,731

6,795

Other long-term liabilities

357

364

366

558

559

632

625

438

387

385

181

196

191

335

549

643

299

508

352

485

537

630

679

681

885

938

2,964

2,458

2,238

721

916

899

929

1,807

5,397

10,053

-

Long-term liabilities of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,932

-

-

-

-

-

-

-

Long-term income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

690

699

458

Total liabilities

40,447

38,852

39,746

40,310

36,756

32,606

30,907

34,996

37,514

27,509

34,082

34,664

34,494

36,667

39,489

40,697

39,726

39,258

39,524

44,459

36,665

39,748

36,020

40,432

40,436

34,015

59,241

54,773

56,562

55,315

57,805

52,428

64,060

47,818

47,636

50,207

46,181

Commitments and contingencies (see Note 17)

-

-

-

-

-

-

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

Stockholders´ equity:
Stockholders´ equity:
Series B convertible preferred stock, $0.001 par value: 5,000 shares authorized; 5,000 shares issued and outstanding as of March 31, 2020 and December 31, 2019

-

-

-

-

-

-

-

-

-

-

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, $0.001 par value: 50,000 shares authorized; 18,746 and 18,209 shares issued and 17,475 and 16,986 shares outstanding as of March 31, 2020 and December 31, 2019, respectively

19

18

18

18

18

17

16

16

16

15

14

14

11

11

11

11

11

11

11

11

11

11

11

8

78

8

74

64

61

61

61

60

59

58

58

58

48

Additional paid-in capital

-

-

-

-

-

-

-

-

-

-

415,776

415,105

401,894

400,266

399,415

398,409

397,576

396,407

395,441

394,312

389,433

389,401

388,295

354,908

352,558

-

348,304

341,175

338,227

337,811

337,502

336,740

335,355

331,758

331,255

331,072

306,203

Additional paid-in capital

448,604

447,965

447,371

446,819

446,466

444,145

441,008

440,289

431,383

428,470

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

348,912

-

-

-

-

-

-

-

-

-

-

-

Treasury stock, 1,271 and 1,223 shares as of March 31, 2020 and December 31, 2019, respectively

9,268

9,043

8,841

8,656

8,381

8,153

7,987

7,763

7,647

7,485

7,302

6,862

6,776

6,708

6,667

6,587

6,487

6,487

6,487

5,222

5,178

4,572

2,777

2,777

2,777

2,777

2,777

2,777

2,777

2,777

2,777

2,777

2,777

2,777

2,777

2,777

2,777

Accumulated deficit

-407,551

-405,504

-403,683

-404,752

-405,168

-404,353

-404,983

-404,696

-401,951

-399,647

-395,131

-394,100

-392,196

-391,509

-390,445

-389,702

-386,739

-377,814

-358,759

-351,597

-343,413

-338,670

-332,467

-328,620

-326,004

-320,876

-317,900

-293,687

-290,792

-286,011

-291,415

-283,502

-241,627

-235,675

-233,001

-229,315

-225,896

Accumulated other comprehensive income

1,545

2,025

1,874

2,276

2,080

2,209

2,146

2,372

2,784

2,675

2,556

2,196

2,240

2,053

1,963

2,027

2,204

2,229

1,149

1,119

1,054

1,699

1,647

1,394

1,334

1,227

793

1,023

1,278

1,379

1,865

1,708

2,820

1,777

3,076

3,223

323

Total stockholders´ equity

33,354

35,466

36,744

35,710

35,020

33,870

30,205

30,223

24,588

24,031

15,913

16,353

5,173

4,113

4,277

4,158

6,565

14,346

31,355

38,623

41,907

47,869

54,709

24,913

25,189

26,494

28,494

45,798

45,997

50,463

45,236

52,229

93,830

95,141

98,611

102,261

77,901

Noncontrolling interest

-

-

-

-170

-170

-170

-170

-170

-170

-178

-157

-173

-174

-180

-179

-180

-168

-156

-155

-149

-149

-1,737

-1,741

-1,771

-1,789

-1,750

-2,637

-1,325

-1,111

873

-1,289

-690

3,145

1,792

1,986

2,348

1,903

Total stockholders´ equity

-

-

36,744

35,540

34,850

33,700

30,035

30,053

24,418

23,853

15,756

16,180

4,999

3,933

4,098

3,978

6,397

14,190

31,200

38,474

41,758

46,132

52,968

23,142

23,400

24,744

25,857

44,473

44,886

49,590

43,947

51,539

96,975

96,933

100,597

104,609

79,804

Total liabilities and stockholders' equity

73,801

74,318

76,490

75,850

71,606

66,306

60,942

65,049

61,932

51,362

49,838

50,844

39,493

40,600

43,587

44,675

46,123

53,448

70,724

82,933

78,423

85,880

88,988

63,574

63,836

58,759

85,098

99,246

101,448

104,905

101,752

103,967

161,035

144,751

148,233

154,816

125,985

Series B convertible preferred stock
Series B convertible preferred stock, $0.001 par value: 5,000 shares authorized; 5,000 shares issued and outstanding as of March 31, 2020 and December 31, 2019

5

5

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Series B Preferred Stock
Series B preferred stock, $0.001 par value: 5,000 shares authorized; 5,000 shares issued and outstanding as of December 31, 2019 and 2018, respectively

-

-

5

5

5

5

-

-

-

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total stockholders´ equity

-

-

5

5

5

5

-

-

-

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-