Nlight, inc. (LASR)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Dec'16
Assets
Current assets:
Cash and cash equivalents

116,250

117,252

138,863

142,661

142,366

149,478

168,182

129,725

28,622

36,687

13,500

Accounts receivable, net of allowances of $329 and $269

26,926

27,126

28,757

30,752

30,160

26,528

21,264

21,664

18,171

13,353

9,697

Inventory, Net

49,486

46,131

45,719

42,285

40,846

35,329

36,242

35,269

35,351

29,570

18,805

Prepaid expenses and other current assets

7,149

8,084

4,713

4,107

5,822

7,286

7,844

8,363

6,147

4,973

4,117

Total current assets

199,811

198,593

218,052

219,805

219,194

218,621

233,532

195,021

88,291

84,583

46,119

Property, Plant and Equipment, Net

41,012

27,747

25,784

24,650

22,135

21,462

20,311

19,528

19,811

17,968

17,323

Operating lease right-of-use assets

6,834

-

-

-

-

-

-

-

-

-

-

Intangible assets, net of accumulated amortization of $4,029 and $3,150

9,442

10,006

3,113

2,971

2,786

2,686

2,581

2,440

2,361

1,836

1,485

Goodwill

9,972

9,872

1,387

1,387

1,387

1,387

1,387

1,387

1,387

1,387

1,387

Other assets, net

4,718

3,748

7,132

6,776

6,029

5,974

4,184

4,644

4,346

4,374

4,745

Total assets

271,789

249,966

255,468

255,589

251,531

250,130

261,995

223,020

116,196

110,148

71,059

Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable

17,244

12,700

15,460

13,360

13,986

12,068

13,779

16,064

15,581

12,920

9,380

Accrued liabilities

9,247

11,605

9,778

10,693

9,831

10,708

11,077

11,918

11,870

12,650

8,347

Deferred revenues

1,983

679

454

582

61

720

133

778

541

386

13

Operating lease liabilities

2,759

-

-

-

-

-

-

-

-

-

-

Customer advances

-

-

-

-

88

-

510

674

753

575

203

Current portion of long-term debt

35

51

66

78

102

91

102

4,597

3,491

2,363

1,287

Total current liabilities

31,268

25,035

25,758

24,713

24,068

23,587

25,601

34,031

32,236

28,894

19,230

Non-current income taxes payable

6,461

6,429

6,809

6,854

6,817

6,472

4,732

4,470

4,185

3,930

2,572

Long-term operating lease liabilities

4,373

-

-

-

-

-

-

-

-

-

-

Long-term debt

15,000

0

0

17

19

18

16,123

12,797

13,958

15,108

18,380

Other long-term liabilities

1,740

1,894

1,681

2,068

1,964

2,270

2,119

1,486

1,232

933

1,186

Total liabilities

58,842

33,358

34,248

33,652

32,868

32,347

48,575

52,784

51,611

48,865

41,368

Stockholders' equity:
Preferred stock - $0.0001 par value; 5,000 shares authorized, zero shares issued and outstanding at December 31, 2019 and December 31, 2018

-

-

0

0

0

0

-

-

12

-

-

Common stock - $0.0001 par value; 190,000 shares authorized, 38,473 shares issued and outstanding at March 31, 2020 and 38,084 shares issued and outstanding at December 31, 2019

15

15

15

15

15

15

15

15

2

2

1

Additional paid-in capital

341,042

336,732

331,169

329,982

326,870

324,656

322,478

282,678

180,093

180,657

153,195

Accumulated other comprehensive loss

-3,181

-2,685

-3,226

-2,100

-2,417

-2,157

-1,982

-1,357

231

-719

-3,009

Accumulated deficit

-124,929

-117,454

-106,738

-105,960

-105,805

-104,731

-107,091

-111,100

-115,753

-118,669

-120,506

Stockholders' Equity Attributable to Parent

212,947

216,608

221,220

221,937

218,663

217,783

213,420

170,236

64,585

61,283

29,691

Total liabilities and stockholders’ equity

271,789

249,966

255,468

255,589

251,531

250,130

261,995

223,020

116,196

110,148

71,059

Convertible preferred stock
Preferred stock - $0.0001 par value

-

-

-

-

-

-

-

-

-

12

-

Preferred Stock [Member]
Preferred stock - $0.0001 par value

-

-

-

-

-

-

-

-

-

0

-

Stockholders' Equity Attributable to Parent

-

-

-

-

-

-

-

-

-

12

-