Professional Diversity Network, Inc. IPDN Balance Sheet

Professional diversity network, inc. (IPDN)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12
Current Assets:
Cash and cash equivalents
1,555	633	4,861	1,184	793	105	1,653	2,666	2,738	2,926	2,821	4,951	5,562	6,068	515	1,292	1,700	2,070	3,881	5,329	3,534	1,519	1,821	5,609	10,829	18,736	19,807	20,139	20,513	868
Accounts receivable, net
287	720	550	431	446	816	527	424	1,388	905	1,799	2,130	2,661	2,170	1,839	1,772	1,767	2,510	2,529	2,779	2,981	3,448	1,203	1,542	959	1,218	594	447	766	1,923
Incremental direct costs
26	33	31	41	48	20	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Incremental direct costs
-	-	-	-	-	-	-	-	-	145	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	250	500	750	1,096	2,277	5,198	9,237	11,876	7,500	0	0	245	254	251
Incremental direct costs
-	-	-	-	-	-	-	34	67	-	241	332	418	423	547	719	881	1,023	1,085	1,098	1,038	900	966	-	-	0	-	-	-	-
Prepaid license fee
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	56	112	168	225	281	337	393	450	-	0	-	-	-	-
Prepaid expense and other current assets
307	240	360	354	482	294	461	699	568	478	490	712	667	957	229	305	468	411	1,063	404	316	381	613	331	351	99	-	-	-	-
Current assets from discontinued operations
31	75	1	7	26	1,518	194	755	-	1,180	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	38	38	58	-	-	-	-	0	-	-	-	-
Prepaid expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	143	173	216	63
Total current assets
2,207	1,704	5,804	2,019	1,797	2,756	2,858	4,579	4,762	5,635	5,352	8,127	9,309	9,619	3,132	4,090	5,124	6,629	9,517	10,972	10,487	11,844	14,236	19,359	19,641	20,053	20,545	21,006	21,751	3,106
Property and equipment, net
13	21	47	53	67	55	96	105	139	221	291	242	276	277	313	353	402	444	665	763	788	874	844	55	60	54	52	57	54	34
Capitalized technology, net
74	95	121	146	169	194	187	177	167	153	141	130	108	173	240	302	348	456	583	575	497	526	-	-	-	-	-	-	-	-
Deferred costs - initial public offering
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	832
Capitalized technology, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	559	616	655	692	676	660	443	402
Goodwill
339	339	1,823	339	339	339	339	5,590	5,590	5,590	10,280	10,280	20,201	20,201	20,201	20,201	20,201	20,201	20,597	45,180	45,180	45,180	45,353	735	735	735	735	635	635	635
Intangible assets, net
433	452	471	654	837	1,020	4,408	5,026	5,745	6,264	7,035	7,749	8,466	9,183	9,900	10,617	11,334	12,051	12,768	13,486	14,203	14,934	14,428	-	-	90	-	-	-	-
Right-of-use assets
54	93	179	268	353	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Merchant reserve
760	760	760	760	760	760	760	760	760	760	780	780	1,426	1,426	1,426	1,426	1,426	1,260	1,260	1,260	1,165	860	1,532	-	-	0	-	-	-	-
Deferred tax asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	380	-	-	-	-
Trade name
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	90	90	-	90	90	90	90
Deferred tax asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	51	893	560	-	80	-	-	0
Security deposits
15	15	87	105	90	15	74	76	227	225	239	213	175	220	189	377	393	383	386	376	376	371	354	12	12	12	23	23	23	23
Long-term assets from discontinued operations
2,882	3,109	-	-	-	297	0	240	-	137	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
-	-	-	-	-	-	-	-	-	-	0	0	0	35	1,049	-	-	0	-	-	-	-	10	-	-	-	-	-	-	-
Total assets
6,781	6,591	9,296	4,347	4,416	5,440	8,725	16,556	17,393	18,988	24,121	27,525	39,964	41,137	36,453	37,370	39,231	41,427	45,780	72,615	72,699	74,592	77,370	22,213	21,755	22,020	22,204	22,474	22,998	5,126
Current Liabilities:
Accounts payable
983	796	832	1,120	1,676	1,702	1,465	1,227	1,492	1,120	1,232	1,520	1,190	2,172	5,359	4,301	4,313	4,465	3,310	3,591	4,561	4,941	5,658	306	399	222	206	254	301	265
Accrued expenses
1,031	654	1,019	1,051	1,063	668	785	762	958	1,166	1,172	1,245	1,259	962	1,519	1,425	1,627	837	2,193	703	1,204	549	1,590	710	263	188	185	116	125	85
Deferred revenue
1,549	1,699	1,550	2,021	2,254	2,262	-	-	-	4,004	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer deposits
-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short-term loan
-	-	279	200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Note Payable - related party
-	-	-	-	207	500	-	-	-	-	-	-	-	-	-	-	-	445	445	442	439	437	434	-	-	0	-	-	-	-
Revolving Credit Facility- related party
-	-	-	-	292	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease liability, current portion
60	105	189	254	300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stocks to be issued liability
-	-	1,153	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other current liabilities
-	-	421	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	2,440	2,806	3,398	-	4,422	4,849	5,431	5,485	6,406	5,122	6,625	9,966	8,556	9,766	10,387	10,078	9,699	1,377	814	1,024	652	565	552	500
Customer deposits
-	-	-	-	-	-	14	-	-	-	-	185	-	-	0	0	56	112	168	225	281	337	393	-	-	0	-	-	-	-
Current liabilities from discontinued operations
322	564	207	299	303	1,006	219	474	-	484	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warrant liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	380	-	-	0	2	73	93	106	71	41	85	99	104	304	0
Promissory note
-	-	-	-	-	-	-	-	-	-	-	-	-	-	445	445	445	-	62	85	1,357	1,389	-	-	-	0	-	-	-	-
Capital lease obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	15	15	17	-	-	0	-	-	-	-
Total current liabilities
3,947	3,818	5,656	4,947	6,098	6,140	4,926	5,271	5,850	6,775	6,827	7,800	7,881	8,620	13,730	11,674	13,066	15,828	14,736	14,815	18,320	17,842	17,900	2,465	1,519	1,521	1,144	1,041	1,283	850
Deferred tax liability
215	221	-	-	-	397	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax liability
-	-	82	115	122	-	1,206	1,618	1,519	1,803	2,492	2,662	2,998	3,653	3,724	4,348	4,484	4,942	4,571	1,595	2,111	3,081	4,376	-	-	0	-	104	195	-
Deferred rent
-	-	-	-	-	-	-	-	-	-	60	50	54	55	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Line of credit- Master Credit Facility, net of unamortized debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	827	330	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred rent
-	-	-	-	-	13	-	-	-	56	-	-	-	-	55	52	48	45	89	65	45	25	-	-	-	0	-	-	-	-
Deferred rent
-	-	-	-	-	-	45	40	48	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
-	-	-	1	0	-	0	0	26	52	78	4	18	33	47	61	368	426	-	-	-	0	-	-	-	-	-	-	-	-
Lease liability, non-current portion
-	-	0	16	60	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term liabilities from discontinued operations
-	-	-	-	-	0	7	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Notes payable - members, net of original issue discount of $0 and $138,256 as of December 31, 2013 and 2012, respectively
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,487
Total liabilities
4,163	4,039	5,738	5,080	6,282	6,551	6,186	6,930	7,444	8,687	9,459	10,518	10,953	12,362	18,385	16,467	17,968	21,242	19,397	16,475	20,478	20,950	22,276	-	-	1,521	1,144	1,146	1,479	2,338
Commitments and contingencies
-	-	-	-	-	-	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
Common stock, $0.01 par value; 45,000,000 shares authorized, 10,922,021 shares and 8,928,611 shares issued as of March 31 2020 and December 31, 2019, and 10,920,973 and 8,927,563 shares outstanding as of March 31, 2020 and December 31, 2019
109	89	89	58	50	48	48	48	43	39	39	39	39	36	18	144	144	18	144	144	127	127	126	63	63	63	63	63	63	34
Additional paid in capital
92,625	91,126	91,082	86,014	84,108	83,728	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additional paid in capital
-	-	-	-	-	-	83,566	83,395	81,617	80,016	79,783	79,637	79,568	76,234	64,956	63,930	63,484	63,554	63,348	63,447	58,768	58,646	58,132	21,909	21,883	21,883	21,883	21,883	21,932	2,751
Accumulated other comprehensive income
84	44	-38	-10	-1	-24	-13	15	105	28	-1	1	-0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	-3	4	1
Accumulated deficit
-90,163	-88,671	-87,534	-86,757	-85,986	-84,826	-81,025	-73,795	-71,780	-69,745	-65,122	-62,634	-50,559	47,458	-46,868	-43,135	-42,329	-43,349	-37,073	-7,415	-6,637	-5,094	-3,128	-2,187	-1,698	-1,436	-886	-614	-481	0
Treasury stock, at cost; 1,048 shares at March 31, 2020 and December 31, 2019
37	37	37	37	37	37	37	37	37	37	37	37	37	37	37	37	37	37	37	37	37	37	37	37	11	11	-	-	-	0
Total stockholders' equity
2,618	2,551	3,561	-732	-1,865	-1,110	2,539	9,625	9,949	10,301	14,661	17,006	29,010	28,775	18,068	20,902	21,262	20,185	26,382	56,139	52,221	53,642	55,093	19,748	20,236	20,499	21,060	21,327	21,519	2,788
Non-controlling interest
-	-	-3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total stockholders' equity
-	-	3,557	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total liabilities and stockholders' equity
6,781	6,591	9,296	4,347	4,416	5,440	8,725	16,556	17,393	18,988	24,121	27,525	39,964	41,137	36,453	37,370	39,231	41,427	45,780	72,615	72,699	74,592	77,370	22,213	21,755	22,020	22,204	22,474	22,998	5,126