Iteris, inc. (ITI)
Balance Sheet / Yearly
Dec'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'11Mar'11
Assets
Current assets:
Cash and cash equivalents

10,228

9,457

15,234

7,071

7,173

3,498

4,780

10,152

16,803

14,922

17,558

18,201

17,881

15,713

15,086

16,029

18,381

19,137

18,896

21,961

21,076

22,386

21,537

20,414

20,511

21,831

19,092

18,678

19,714

19,974

18,546

18,701

21,519

22,843

11,440

11,818

Short-term investments

17,124

20,011

20,189

1,935

3,730

6,411

8,667

5,319

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Trade accounts receivable, net of allowance for doubtful accounts of $712 and $539 at December 31, 2019 and March 31, 2019, respectively

17,624

16,414

16,479

16,929

14,305

15,402

16,528

12,866

13,645

15,076

17,410

14,299

12,443

12,459

13,259

13,241

11,851

12,926

11,653

11,206

11,008

11,880

12,438

12,349

10,643

10,158

12,457

10,946

8,458

8,536

10,211

11,081

9,610

9,561

11,912

9,419

Unbilled accounts receivable

7,485

8,287

6,755

6,487

5,602

7,030

6,980

7,473

7,175

6,812

6,032

6,456

-

-

-

5,250

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Costs and estimated earnings in excess of billings on uncompleted contracts

-

-

-

-

-

-

-

-

-

-

-

-

6,031

6,983

5,991

-

4,111

3,929

4,195

4,266

5,153

4,814

4,786

5,813

5,661

5,146

5,171

6,346

-

-

-

5,360

-

-

-

-

Costs in excess of billings on uncompleted contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,903

6,160

5,642

-

5,434

4,619

3,934

4,070

Inventories

3,723

2,542

2,389

2,916

3,823

3,402

2,796

2,921

2,972

2,783

2,481

2,250

2,753

2,774

2,640

3,153

3,044

3,158

3,026

3,062

2,773

2,267

1,945

2,546

2,668

2,021

2,073

2,465

2,907

2,117

2,370

2,454

1,909

2,066

3,655

2,392

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

116

2,680

-

2,680

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,680

-

1,429

1,429

1,429

1,429

2,363

2,363

2,363

2,363

2,904

2,569

2,904

2,904

2,822

2,927

2,864

2,967

Prepaid expenses and other current assets

1,855

2,209

1,675

1,367

747

1,033

1,397

1,165

1,452

2,499

2,670

2,108

2,016

2,022

1,872

1,505

1,727

1,665

1,876

1,338

1,610

1,518

1,470

1,275

876

1,005

782

1,311

1,321

963

751

425

618

695

452

392

Assets of discontinued operation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,672

Total current assets

58,039

58,920

62,721

36,705

35,380

36,776

41,148

39,896

42,047

42,092

46,151

43,314

41,124

39,951

38,848

39,178

39,230

43,495

42,326

44,513

43,049

44,294

43,605

43,826

42,722

42,524

41,938

42,109

42,207

40,319

40,424

40,925

41,912

42,711

34,257

38,730

Property and equipment, net

2,052

2,178

1,883

1,965

2,283

2,262

2,297

2,333

2,444

2,474

2,421

2,064

2,078

2,168

2,242

2,139

2,124

2,105

2,162

1,990

2,013

1,637

1,534

1,546

1,633

1,711

1,796

1,862

1,734

1,873

1,838

1,948

2,097

2,151

2,403

2,461

Right-of-use assets

13,082

13,558

12,992

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

652

-

-

-

-

-

-

-

-

5,874

-

5,610

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,784

-

6,596

6,173

6,101

6,112

5,189

5,294

5,655

5,888

5,757

6,468

6,402

6,761

6,962

7,312

10,807

10,807

Intangible assets, net

6,486

6,884

3,255

3,286

3,254

3,410

3,568

3,751

3,034

2,320

1,668

1,498

1,011

1,058

1,041

951

587

720

854

987

1,120

1,263

1,424

1,584

1,889

1,973

2,067

2,124

2,253

2,383

2,471

2,578

2,602

1,643

1,744

1,845

Goodwill

20,590

20,590

15,150

15,150

15,150

15,150

15,150

15,150

15,150

15,150

15,150

15,150

17,318

17,318

17,318

17,318

17,318

17,318

17,318

17,318

17,318

17,318

17,318

17,318

17,318

17,318

17,318

17,318

17,318

17,318

17,318

17,318

17,318

16,522

21,270

16,522

Other assets

1,852

1,110

954

849

1,756

1,756

1,756

1,756

340

359

318

319

278

327

378

434

201

203

198

214

213

214

218

221

224

223

230

210

217

208

213

210

210

202

205

203

Total assets

102,101

103,240

96,955

57,955

57,823

59,354

63,919

62,886

63,667

62,395

65,708

62,345

61,809

60,822

59,827

60,020

59,460

69,715

68,642

70,632

70,309

70,899

70,200

70,607

68,975

69,043

69,004

69,511

69,486

68,569

68,666

69,740

71,101

70,541

70,686

70,568

Liabilities and stockholders' equity
Current liabilities:
Trade accounts payable

10,081

11,811

8,518

9,441

8,694

9,423

10,418

7,838

7,904

8,279

9,660

7,886

6,809

6,661

6,521

5,469

5,232

6,427

4,938

5,915

5,379

5,480

4,758

5,913

4,735

4,315

4,556

5,411

4,096

3,325

3,892

4,044

3,973

3,363

4,124

2,985

Accrued payroll and related expenses

8,838

6,430

8,023

6,536

6,222

5,430

8,156

7,398

7,043

5,446

7,915

6,443

5,850

4,668

4,636

5,719

4,320

4,645

4,629

4,871

3,787

3,840

3,887

3,971

3,356

3,641

3,012

3,374

2,792

3,025

2,723

3,398

2,787

2,955

3,606

3,523

Accrued liabilities

3,501

3,609

3,540

2,370

2,379

2,186

2,079

2,358

1,880

2,245

1,976

2,201

1,716

1,448

1,472

1,445

1,171

1,162

1,383

1,320

1,105

1,692

2,036

1,643

1,756

1,722

1,840

1,979

2,841

2,523

3,355

2,942

4,231

3,318

3,106

3,181

Deferred revenue

5,392

5,387

4,491

4,883

-

-

-

4,900

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

3,920

3,928

3,975

-

4,654

4,662

4,279

4,049

-

-

-

2,294

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Billings in excess of costs and estimated earnings on uncompleted contracts

-

-

-

-

-

-

-

-

-

-

-

-

2,950

2,403

1,924

-

2,471

1,890

1,573

1,549

2,065

1,889

1,318

1,391

1,626

1,729

2,654

1,958

1,802

2,039

1,872

1,542

1,824

1,529

1,257

1,335

Current portion of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

634

1,092

2,049

2,324

2,324

Current liabilities of discontinued operation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

611

Total current liabilities

27,812

27,237

24,572

23,230

21,215

20,967

24,628

22,494

21,481

20,632

23,830

20,579

17,325

15,180

14,553

14,927

13,194

14,124

12,523

13,655

12,336

12,901

11,999

12,918

11,473

11,407

12,062

12,722

11,531

10,912

11,842

12,560

13,907

13,214

14,417

13,959

Long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

182

640

Deferred rent

-

-

-

455

501

548

594

638

677

715

618

649

674

699

724

750

769

788

807

826

929

929

778

-

-

108

211

312

412

512

607

700

792

885

972

1,058

Lease liabilities

12,075

12,577

12,144

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

72

69

65

65

-

-

-

65

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

65

65

65

-

-

707

707

707

695

692

688

685

794

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrecognized tax benefits

129

127

152

150

148

145

170

168

164

159

191

186

210

202

200

196

194

189

188

183

177

181

203

199

194

230

284

286

-

-

-

351

-

-

-

-

Unrecognized tax benefits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

339

326

319

-

406

584

583

587

Other non-current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

317

313

310

306

539

-

657

642

1,067

1,048

1,028

Total liabilities

40,088

40,010

36,933

23,900

21,929

21,725

25,457

23,365

22,322

22,213

25,346

22,121

18,904

16,773

16,165

16,558

14,951

15,101

13,518

14,664

13,442

14,011

12,980

13,117

11,667

12,062

12,870

13,630

12,588

12,289

12,768

14,268

15,747

15,750

17,202

17,272

Commitments and contingencies (Note 5)

-

-

-

-

-

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:
Preferred stock, $1.00 par value: Authorized shares - 2,000, Issued and outstanding shares - none

-

-

-

-

-

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

Common stock, $0.10 par value: Authorized shares - 70,000 at December 31, 2019 and March 31, 2019, Issued and outstanding shares - 40,624 at December 31, 2019 and 33,377 at March 31, 2019

4,062

4,057

3,962

3,338

3,334

3,324

3,324

3,318

3,306

3,279

3,257

3,249

3,224

3,219

3,206

3,205

3,205

3,198

3,202

3,242

3,256

3,257

3,262

3,280

3,274

3,274

3,248

3,264

3,329

3,360

3,369

3,391

3,413

3,434

3,437

3,436

Additional paid-in capital

175,321

174,475

169,175

142,260

141,671

140,953

140,444

139,722

139,143

138,351

137,569

136,968

136,306

136,076

135,661

135,424

135,179

134,849

134,960

135,572

135,691

135,613

135,753

135,986

135,860

135,771

135,611

135,802

136,810

137,258

137,417

137,645

137,865

138,028

138,028

137,938

Accumulated deficit

-117,370

-115,302

-113,115

-111,543

-109,111

-106,648

-105,306

-103,519

-101,104

-101,448

-100,464

-99,993

-96,625

-95,246

-95,205

-95,167

-93,875

-83,433

-83,038

-82,846

-82,080

-81,982

-81,795

-81,776

-81,826

-82,064

-82,725

-83,185

-83,241

-84,338

-84,888

-85,564

-85,924

-86,671

-87,981

-88,078

Total stockholders' equity

62,013

63,230

60,022

34,055

35,894

37,629

38,462

39,521

41,345

40,182

40,362

40,224

42,905

44,049

43,662

43,462

44,509

54,614

55,124

55,968

56,867

56,888

57,220

57,490

57,308

56,981

56,134

55,881

56,898

56,280

55,898

55,472

55,354

54,791

-

53,296

Total stockholders' equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

53,484

-

Total liabilities and stockholders' equity

102,101

103,240

96,955

57,955

57,823

59,354

63,919

62,886

63,667

62,395

65,708

62,345

61,809

60,822

59,827

60,020

59,460

69,715

68,642

70,632

70,309

70,899

70,200

70,607

68,975

69,043

69,004

69,511

69,486

68,569

68,666

69,740

71,101

70,541

70,686

70,568