iRhythm Technologies, Inc. IRTC Balance Sheet

Irhythm technologies, inc. (IRTC)

Balance Sheet / Yearly

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	Dec'15
Assets
Current assets:
Cash and cash equivalents
56,514	20,462	34,634	16,154	28,235	20,023	17,345	19,241	16,473	8,671	20,429	16,249	15,583	51,643	5,761	25,208
Short-term investments
65,256	120,089	118,091	43,240	30,507	58,320	63,832	66,675	74,270	93,692	87,017	93,578	77,397	54,407	-	-
Accounts receivable, net of allowances for doubtful accounts of $11,840 and $9,049 as of March 31, 2020 and December 31, 2019, respectively
24,211	23,867	25,003	29,137	28,252	19,790	20,465	19,065	17,165	12,953	12,039	10,851	10,982	9,406	9,308	5,577
Inventory
4,227	4,037	3,499	2,774	2,504	2,062	2,320	2,168	1,857	1,683	1,314	1,231	1,156	1,390	1,672	1,145
Prepaid expenses and other current assets
4,223	4,337	3,653	3,669	3,810	4,100	2,769	2,507	1,777	2,582	1,989	1,817	1,388	1,671	1,013	808
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	91	91	91	91	91
Total current assets
154,431	172,792	184,880	94,974	93,308	104,295	106,731	109,656	111,542	119,581	122,788	123,817	106,597	118,608	17,845	32,829
Long-term investments
0	8,030	9,026	-	-	0	-	-	-	2,994	-	-	16,429	10,981	-	-
Property and equipment, net
28,454	26,464	17,803	12,618	10,208	9,158	8,250	7,560	6,860	6,221	6,207	6,166	5,529	4,653	3,363	2,036
Operating lease right-of-use assets
89,249	90,124	91,935	94,326	9,232	0	-	-	-	-	-	-	-	-	-	-
Goodwill
862	862	862	862	862	862	862	862	862	862	862	862	862	862	862	862
Other assets
9,944	7,940	5,574	4,515	3,574	3,208	3,146	2,840	3,057	3,465	3,798	3,531	3,384	3,052	5,310	2,145
Total assets
282,940	306,212	310,080	207,295	117,184	117,523	118,989	120,918	122,321	133,123	133,655	134,376	132,801	138,156	27,380	37,872
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable
5,544	8,243	4,187	3,628	1,960	2,284	1,911	2,658	1,525	2,395	2,076	2,658	1,413	2,103	1,581	1,459
Accrued liabilities
23,247	32,714	32,227	23,304	20,099	26,688	19,178	16,355	12,658	15,644	11,436	9,985	8,284	10,165	6,894	6,699
Deferred revenue
1,115	1,251	889	1,199	1,309	1,223	1,174	642	1,099	1,238	904	557	980	947	850	506
Debt, current portion
4,861	1,944	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Accrued interest
-	-	128	139	129	139	-	-	161	154	149	525	-	-	-	111
Operating lease liabilities, current portion
8,078	7,914	8,036	7,384	5,052	0	-	-	-	-	-	-	-	-	-	-
Debt, current portion
-	-	-	-	-	-	-	-	1,495	1,487	1,479	1,471	-	-	-	-
Total current liabilities
42,845	52,066	45,467	35,654	28,549	30,334	22,263	19,655	16,938	20,918	16,044	15,196	10,677	13,215	9,325	8,775
Debt, noncurrent portion
30,076	32,989	34,929	34,927	34,922	34,899	32,554	32,574	32,533	32,491	32,053	31,614	32,652	32,227	31,796	30,552
Deferred rent, noncurrent portion
-	-	-	-	-	153	214	222	227	161	169	140	26	26	27	28
Operating lease liabilities, noncurrent portion
85,042	85,748	87,099	88,106	3,990	0	-	-	-	-	-	-	-	-	-	-
Accrued interest, net of current portion
-	-	-	-	-	-	-	-	-	-	-	-	134	126	119	96
Preferred stock warrant liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,945	2,949
Total liabilities
157,963	170,803	167,495	158,687	67,461	65,386	55,031	52,451	49,698	53,570	48,266	46,950	43,489	45,594	45,212	42,400
Commitments and contingencies (Note 6)
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0
Convertible preferred stock, $0.001 par value zero and 11,392,882 shares authorized at December 31, 2016 and 2015, respectively; zero and 11,046,146 shares issued and outstanding at December 31, 2016 and 2015, respectively; aggregate liquidation preference of $0, and $117,495 at December 31, 2016 and 2015, respectively
-	-	-	-	-	-	-	-	-	-	-	-	-	-	97,096	97,096
Stockholders’ equity:
Preferred stock, $0.001 par value – 5,000,000 shares authorized at March 31, 2020 and December 31, 2019; and none issued and outstanding at March 31, 2020 and December 31, 2019
0	0	0	-	-	0	0	0	0	-	0	0	0	0	-	0
Common stock, $0.001 par value – 100,000,000 shares authorized at March 31, 2020 and December 31, 2019; 27,026,975 and 26,682,720 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively
25	25	25	23	24	23	23	23	23	23	28	27	27	22	1	1
Additional paid-in capital
394,507	395,695	385,614	271,551	261,231	257,955	252,765	247,039	239,037	236,184	230,831	226,365	221,776	219,718	5,974	4,641
Accumulated other comprehensive income
364	82	39	35	2	-16	-29	-38	-85	-65	-30	-50	-19	-9	-	-
Accumulated deficit
-269,919	-260,393	-243,093	-223,001	-211,534	-205,825	-188,801	-178,557	-166,352	-156,589	-145,440	-138,916	-132,472	-127,169	-120,903	-106,266
Total stockholders’ equity
124,977	135,409	142,585	48,608	49,723	52,137	63,958	68,467	72,623	79,553	85,389	87,426	89,312	92,562	-114,928	-101,624
Total liabilities and stockholders’ equity
282,940	306,212	310,080	207,295	117,184	117,523	118,989	120,918	122,321	133,123	133,655	134,376	132,801	138,156	27,380	37,872
Preferred stock, par value (in USD per share)
0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock, shares authorized (in shares)
5,000	5,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock, par value (in USD per share)
0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock, shares authorized (in shares)
100,000	100,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock, shares issued (in shares)
27,026	26,682	-	-	-	24,368	-	-	-	-	-	-	-	-	-	-
Common stock, shares outstanding (in shares)
27,026	26,682	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock, shares outstanding (in shares)
0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock, shares issued (in shares)
0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-