Thermogenesis holdings, inc. (KOOL)
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'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11
Current assets:
Cash and cash equivalents

5,719

3,157

2,800

2,424

2,237

2,400

2,220

3,071

2,872

3,513

2,464

3,623

3,791

4,899

5,608

5,835

7,247

2,942

6,559

3,357

4,792

8,357

10,714

14,811

6,575

2,330

5,306

6,884

7,521

7,516

8,753

7,879

8,511

8,729

10,753

12,309

Restricted cash

1,000

1,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable, net of allowance for doubtful accounts of $227,000 ($226,000 at December 31, 2019)

2,029

1,278

4,470

3,091

1,994

1,509

2,090

1,814

1,549

1,687

3,404

3,393

2,956

3,019

3,010

3,169

4,038

3,467

3,648

5,133

5,717

4,570

4,370

4,693

5,560

5,538

4,209

4,898

4,942

5,355

3,515

4,558

4,774

4,981

4,410

3,963

Accounts receivable – related party

-

-

-

-

-

-

0

30

100

862

-

308

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventories, net of reserves of $356,000 ($350,000 at December 31, 2019)

4,218

3,824

3,405

3,951

4,309

4,493

4,332

5,156

5,221

4,798

4,157

3,617

3,543

2,763

3,357

3,593

3,524

3,986

3,971

4,598

5,007

5,195

5,888

5,606

4,800

4,180

4,413

4,259

4,341

5,352

6,209

6,290

6,398

6,790

6,578

6,348

Prepaid expenses and other current assets

429

602

451

389

313

224

286

335

557

594

282

237

334

260

203

246

262

336

131

163

200

300

490

217

198

136

319

232

338

420

366

338

111

170

315

420

Total current assets

13,395

9,861

11,126

9,855

8,853

8,626

8,928

10,406

10,299

11,454

10,307

11,178

10,624

10,941

12,178

12,843

15,071

10,731

14,309

13,251

15,716

18,422

21,462

25,327

17,133

12,184

14,247

16,273

17,142

18,643

18,843

19,065

19,794

20,670

22,056

23,040

Restricted cash – long term

-

-

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equipment and leasehold improvements, net

1,904

2,028

2,251

2,398

2,443

2,562

3,343

3,466

3,265

2,996

2,971

2,330

2,351

3,045

3,011

2,962

3,102

3,137

3,196

2,937

2,957

2,718

2,582

2,298

2,373

2,106

2,189

2,208

1,996

1,712

1,634

1,652

1,789

1,589

1,247

1,310

Right-of-use operating lease assets, net

829

859

887

915

941

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

781

781

781

781

781

781

1,281

1,281

13,976

13,976

13,794

13,195

13,195

13,195

13,195

13,195

13,195

13,195

13,195

13,195

13,195

13,195

13,254

13,254

18,893

-

-

0

-

-

-

-

-

-

-

-

Intangible assets, net

1,434

1,467

1,498

1,531

1,561

1,591

6,996

7,039

21,590

21,629

21,809

20,165

20,543

20,614

20,723

20,821

20,932

21,045

21,157

21,295

21,422

21,635

21,784

21,928

8,684

-

-

0

202

239

277

315

355

-

-

0

Other assets

61

218

48

52

51

51

51

51

51

56

61

64

63

78

78

78

79

78

78

79

79

75

84

81

70

48

48

48

48

48

48

48

48

48

48

49

Total assets

18,404

15,214

17,591

16,532

15,630

14,611

21,599

23,243

50,181

51,111

48,942

46,932

46,776

47,873

49,185

49,899

52,379

48,186

51,935

50,757

53,369

56,045

59,166

62,888

47,153

14,338

16,484

18,529

19,388

20,642

20,802

21,080

21,986

22,307

23,351

24,399

Current liabilities:
Accounts payable

2,457

1,447

1,874

3,198

2,464

2,423

1,784

2,048

2,415

2,079

2,038

1,601

1,926

2,059

1,821

2,648

3,341

4,424

5,650

5,079

4,686

3,168

3,010

3,590

3,039

2,737

3,218

3,106

1,416

1,400

1,505

2,772

2,170

1,648

1,820

1,791

Accrued payroll and related expenses

406

288

404

485

470

703

384

581

441

532

429

385

307

1,621

372

449

320

462

618

705

982

960

469

599

676

531

607

477

590

439

581

607

847

424

526

384

Deferred revenue – short term

617

620

840

577

764

485

527

718

722

384

603

597

688

402

560

783

548

279

481

635

610

435

511

638

520

371

549

377

373

289

409

424

329

282

322

235

Related party payable

-

-

-

-

-

-

0

0

606

606

606

606

606

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest payable – related party

443

1,869

1,398

926

461

1,513

1,128

-

-

657

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current liabilities

2,558

2,461

1,175

1,295

1,448

1,241

1,478

2,053

2,211

1,206

1,319

1,331

1,199

1,360

1,193

1,662

1,699

2,225

2,150

1,527

2,122

2,048

1,693

1,553

1,250

998

914

1,188

1,359

1,859

1,196

1,228

1,805

1,498

1,197

1,654

Total current liabilities

6,481

6,685

5,691

6,481

5,607

6,365

5,301

5,400

6,395

5,464

4,995

4,520

4,726

5,442

3,946

5,542

5,908

7,390

8,899

7,946

8,400

6,611

5,683

6,380

5,485

4,637

5,288

5,148

3,738

3,987

3,691

5,031

5,151

3,852

3,865

4,064

Convertible promissory note – related party, less debt discount of $4,031,000 ($5,195,000 at December 31, 2019)

3,550

3,518

2,932

2,346

1,760

1,174

800

7,200

7,200

6,700

5,000

3,500

1,500

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Convertible promissory note, plus debt premium of $22,000 ($46,000 at December 31, 2019)

209

413

665

57

800

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Note payable

1,000

1,000

1,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Derivative obligations

-

-

-

1

1

-

6

30

338

597

743

730

774

844

996

670

913

643

2,856

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease obligations – long-term

726

761

794

825

854

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue – long-term

1,814

1,901

1,855

-

-

303

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

69

76

-

55

55

55

55

219

227

235

242

Convertible debentures, net

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

2,489

1,535

62

15

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncurrent deferred tax liability

-

-

-

-

-

-

1,279

1,279

4,730

4,730

6,968

6,968

7,641

7,641

7,641

7,641

7,641

7,641

7,641

7,641

7,641

7,641

7,641

7,641

-

-

-

0

-

-

-

-

-

-

-

-

Other noncurrent liabilities

19

20

23

322

329

38

343

371

398

408

403

377

325

284

275

1,284

599

259

267

268

287

235

244

169

434

-

0

63

30

52

74

96

120

-

-

0

Total liabilities

13,799

14,298

12,960

10,032

9,351

7,880

7,729

14,280

19,061

17,899

18,109

16,095

14,966

14,211

12,858

17,626

16,596

15,995

19,678

15,855

16,328

-

-

14,190

-

-

-

-

-

-

-

-

-

-

-

-

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

0

0

0

0

0

0

Stockholders’ equity:
Preferred stock, $0.001 par value; 2,000,000 shares authorized, none outstanding

-

-

-

-

-

-

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

Common stock, $0.001 par value; 350,000,000 shares authorized; 5,768,885 issued and outstanding (2,843,601 at December 31, 2019)

6

3

3

2

22

2

22

21

11

11

10

10

10

10

9

3

3

43

41

2

40

40

40

40

33

16

16

16

16

16

16

16

16

16

16

16

Additional paid in capital

245,704

237,313

236,830

236,343

234,624

235,888

235,691

227,694

222,721

221,371

218,801

216,222

216,042

215,795

215,060

188,569

188,380

173,872

173,317

172,579

172,291

172,018

171,650

171,422

161,152

127,709

127,594

127,493

127,343

127,205

127,076

126,987

126,847

126,817

126,562

126,196

Accumulated deficit

-241,534

-236,932

-232,885

-230,603

-229,306

-227,435

-220,276

-217,337

-190,679

-187,640

-187,707

-185,357

-184,203

-182,106

-178,707

-156,262

-152,568

-141,695

-141,071

-137,674

-135,300

-130,489

-126,118

-122,822

-119,952

-118,093

-116,490

-114,191

-111,794

-110,673

-110,110

-111,105

-110,367

-108,605

-107,327

-106,119

Accumulated other comprehensive loss

40

2

-4

-20

-17

-13

8

-15

-36

-43

-34

-38

-39

-37

-35

-37

-32

-29

-30

-5

10

-11

26

58

1

-

-

0

-

-

-

-

-

-

-

-

Total ThermoGenesis Holdings, Inc. stockholders’ equity

4,216

386

3,944

5,722

5,323

8,442

15,445

10,363

32,017

33,699

31,070

30,837

31,810

33,662

36,327

32,273

35,783

32,191

32,257

34,902

37,041

41,558

45,598

48,698

41,234

9,632

11,120

13,318

15,565

16,548

16,982

15,898

16,496

18,228

19,251

20,093

Noncontrolling interests

389

530

687

778

956

-1,711

-1,575

-1,400

-897

-487

-237

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total equity

4,605

916

4,631

6,500

6,279

6,731

13,870

8,963

31,120

33,212

30,833

30,837

-

-

-

32,273

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities and equity

18,404

15,214

17,591

16,532

15,630

14,611

21,599

23,243

50,181

51,111

48,942

46,932

46,776

47,873

49,185

49,899

52,379

48,186

51,935

50,757

53,369

56,045

59,166

62,888

47,153

14,338

16,484

18,529

19,388

20,642

20,802

21,080

21,986

22,307

23,351

24,399