Iradimed corporation (IRMD)
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'14Dec'13
ASSETS
Current assets:
Cash and cash equivalents

44,636

43,481

38,637

32,421

29,684

28,027

23,699

21,330

20,093

18,205

18,406

16,800

17,456

17,713

16,004

12,065

15,507

19,368

15,529

12,427

10,773

9,454

18,113

4,260

2,461

Accounts receivable, net of allowance for doubtful accounts of $104,547 as of March 31, 2020 and $69,093 as of December 31, 2019

5,851

7,293

6,924

5,877

5,328

4,209

5,219

3,981

3,279

3,778

3,508

3,787

3,737

3,775

4,493

5,789

4,644

3,863

3,428

4,260

3,517

1,960

1,174

2,276

1,982

Investments

2,782

2,768

3,926

5,382

5,746

6,349

7,487

8,172

7,828

8,135

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investments

-

-

-

-

-

-

-

-

-

-

6,804

7,024

7,788

7,965

7,811

8,081

8,046

7,602

7,890

7,907

7,928

7,913

-

254

246

Inventory, net

4,214

3,641

4,351

4,368

4,231

4,059

4,275

4,433

4,308

4,210

4,129

4,259

4,273

3,886

3,467

2,946

2,786

2,383

2,259

2,318

2,229

2,125

1,639

1,631

1,340

Prepaid expenses and other current assets

753

407

566

637

783

526

578

746

628

648

287

300

359

362

445

247

338

320

361

145

205

276

247

58

119

Prepaid income taxes

2,271

1,370

1,106

1,289

1,665

1,367

1,409

110

63

127

311

811

134

151

215

292

86

273

215

129

11

320

-

-

170

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

317

320

338

141

-

-

-

116

-

-

65

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

174

204

148

-

67

64

-

Total current assets

60,510

58,963

55,512

49,977

47,440

44,541

42,668

38,775

36,201

35,107

33,447

32,984

33,750

33,856

32,755

29,743

31,747

33,953

29,858

27,393

24,813

22,167

21,243

8,546

6,386

Property and equipment, net

2,099

2,053

1,973

1,830

1,902

1,869

1,879

1,888

1,910

1,868

1,853

1,709

1,633

1,456

1,283

1,219

1,051

905

851

828

793

794

755

510

327

Intangible assets, net

901

860

824

821

819

832

832

847

863

885

885

886

898

918

766

747

475

193

181

182

186

250

259

265

267

Operating lease right-of-use asset

2,897

2,955

3,013

3,070

3,127

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes, net

1,692

1,663

-

-

-

1,088

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes, net

-

-

1,038

1,031

1,017

-

1,227

1,130

1,088

950

1,553

1,083

964

789

519

498

62

88

121

321

197

76

131

67

-

Deferred initial public offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

525

-

Other assets

266

232

207

112

106

109

204

189

196

200

179

179

171

173

162

138

113

103

37

35

20

19

21

21

5

Total assets

68,367

66,728

62,571

56,844

54,413

48,442

46,811

42,831

40,260

39,012

37,919

36,843

37,417

37,194

35,488

32,348

33,451

35,244

31,050

28,761

26,011

23,309

22,411

9,936

6,986

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable

873

993

1,173

974

1,180

772

970

735

692

656

794

736

859

1,120

991

1,180

1,224

1,005

916

1,044

781

629

640

989

427

Accrued payroll and benefits

1,623

2,166

2,236

1,559

1,423

1,802

1,810

1,336

1,180

1,512

1,438

1,102

1,004

1,035

1,295

1,056

875

1,288

1,134

1,044

676

1,244

919

851

655

Other accrued taxes

126

596

84

52

86

133

86

62

34

109

68

87

119

119

191

20

21

30

23

13

16

65

40

33

80

Warranty reserve

89

81

77

75

74

74

39

60

70

60

48

39

64

40

38

36

34

34

63

59

59

27

15

17

12

Deferred revenue

1,814

1,671

1,734

1,853

1,902

1,798

1,776

1,902

1,496

1,617

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of operating lease liability

244

240

237

233

230

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

1,380

1,544

1,075

1,033

751

462

446

529

532

1,302

691

308

343

515

207

Other current liability

108

108

108

108

108

108

108

108

108

108

120

120

120

120

115

108

-

-

-

-

-

-

-

-

-

Officer note payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6

Accrued income taxes

-

-

-

-

-

-

-

434

358

12

-

-

375

192

-

36

1,002

-

-

66

653

-

141

92

62

Total current liabilities

4,880

5,858

5,653

4,857

5,005

4,689

4,793

4,640

3,941

4,077

3,850

3,632

3,619

3,661

3,383

2,900

3,604

2,888

2,671

3,531

2,878

2,276

2,100

2,498

1,452

Deferred revenue

2,773

2,630

2,368

2,002

1,864

1,807

1,925

2,023

2,082

2,003

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liability, less current portion

2,652

2,715

2,776

2,837

2,897

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

1,928

1,915

1,771

1,643

1,461

978

601

422

265

142

165

142

160

137

57

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

54

Total liabilities

10,306

11,204

10,798

9,696

9,767

6,496

6,719

6,664

6,023

6,081

5,779

5,547

5,390

5,305

4,845

3,879

4,206

3,311

2,936

3,673

3,044

2,419

2,260

2,635

1,564

Stockholders' equity:
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; none issued and outstanding as of December 31, 2014 and 1,400,000 shares issued and outstanding as of December 31, 2013

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Common stock; $0.0001 par value; 31,500,000 shares authorized; 11,970,937 shares issued and outstanding as of March 31, 2020 and 11,765,875 shares issued and outstanding as of December 31, 2019

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

0

0

Additional paid-in capital

19,949

19,192

18,683

16,520

16,133

15,317

15,203

13,701

13,131

12,623

13,808

12,895

12,434

12,055

21,887

21,283

19,853

19,332

17,898

16,729

16,365

15,785

15,295

2,678

2,346

Retained earnings

38,069

36,300

33,058

30,603

28,515

26,669

24,962

22,562

21,207

20,355

20,171

19,979

19,622

19,869

18,728

17,168

14,937

12,655

10,250

8,383

6,612

5,125

4,854

4,617

3,074

Treasury stock

-

-

-

-

-

-

-

-

-

-

1,818

1,553

-

-

9,969

9,969

5,505

-

-

-

-

-

-

-

-

Accumulated other comprehensive income

40

30

29

23

-3

-42

-74

-97

-102

-48

-22

-26

-31

-36

-5

-14

-41

-55

-35

-25

-12

-21

-

4

0

Total stockholders' equity

58,061

55,524

51,772

47,148

44,646

41,945

40,092

36,167

34,236

32,930

32,140

31,296

32,026

31,889

30,642

28,469

29,245

31,933

28,113

25,088

22,966

20,890

20,150

7,300

5,422

Total liabilities and stockholders' equity

68,367

66,728

62,571

56,844

54,413

48,442

46,811

42,831

40,260

39,012

37,919

36,843

37,417

37,194

35,488

32,348

33,451

35,244

31,050

28,761

26,011

23,309

22,411

9,936

6,986