Liquidity services, inc (LQDT)
Balance Sheet / Yearly
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'11Sep'10
Assets
Current assets:
Cash and cash equivalents

-

-

-

-

-

-

58,448

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash and cash equivalents

41,816

24,183

36,497

36,414

33,922

38,513

-

83,411

99,677

96,766

94,348

113,935

116,110

126,914

134,513

129,865

117,528

85,452

95,465

96,188

86,231

74,222

62,598

56,948

101,766

101,491

95,109

63,327

57,198

45,892

104,782

84,625

104,756

68,799

128,984

93,512

42,534

Short-term investments

10,000

25,000

30,000

30,000

30,000

30,000

20,000

10,000

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,910

33,405

Accounts receivable, net of allowance for doubtful accounts of $291 and $291

5,972

5,949

6,704

5,742

6,175

6,089

4,870

5,856

6,146

7,442

11,598

11,621

12,070

10,711

10,355

8,965

7,193

6,039

6,194

10,041

14,525

27,719

21,688

24,307

27,055

28,567

24,050

22,821

18,224

19,525

16,226

12,090

11,508

9,279

6,049

5,258

4,386

Inventory, net

8,491

5,808

5,843

8,891

13,050

10,504

10,122

12,797

10,099

17,053

20,736

18,876

22,476

26,744

27,610

25,829

32,186

27,454

25,510

40,672

51,695

62,888

78,478

69,389

71,640

35,771

29,261

27,710

25,181

21,914

20,669

26,415

23,639

24,412

15,065

14,714

14,651

Tax refund receivable

-

-

-

-

-

-

-

-

-

-

-

378

1,335

1,217

1,205

1,409

1,358

33,491

33,491

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid taxes and tax refund receivable

3,399

2,608

2,531

1,673

1,774

1,516

1,727

2,267

2,491

2,517

2,466

1,981

2,433

-

2,166

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,336

10,071

-

-

-

-

Prepaid and deferred taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

2,507

-

12,070

11,642

20,124

19,903

21,126

15,679

16,650

16,777

12,941

18,993

10,858

11,243

17,752

22,194

20,237

16,927

-

-

-

16,073

-

-

Prepaid expenses and other current assets

6,168

6,975

8,350

8,129

8,574

6,999

7,816

6,857

6,567

4,878

9,774

7,891

9,807

9,045

9,063

7,161

6,819

7,044

7,826

5,320

4,774

4,516

5,156

6,435

6,136

4,632

4,802

5,737

5,884

3,945

3,973

5,613

5,067

19,124

4,805

15,253

9,390

Current assets of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

44

84

203

277

-

4,335

Total current assets

75,846

70,523

89,925

90,849

93,495

93,621

102,983

121,188

124,980

128,656

138,922

154,682

164,231

177,138

184,912

185,299

176,726

179,604

188,389

173,347

172,904

185,995

184,697

170,020

225,590

181,319

164,465

137,347

128,681

111,513

162,577

144,123

155,125

121,817

171,253

139,647

108,701

Property and equipment, net of accumulated depreciation of $12,682 and $10,566

18,940

18,695

18,846

18,589

17,876

17,274

16,610

15,952

15,859

16,531

16,793

16,689

16,105

15,591

14,376

14,098

13,495

13,485

13,356

13,021

14,327

12,414

12,283

12,601

12,448

11,620

10,380

10,289

10,331

11,118

10,382

7,166

7,558

7,861

7,042

7,984

6,287

Operating lease assets

10,437

11,724

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

5,417

5,727

6,043

6,377

6,708

7,035

7,366

397

411

425

427

1,374

1,912

2,324

2,650

2,965

3,319

3,704

4,051

3,365

3,812

4,262

17,099

19,472

22,223

25,232

28,205

31,097

34,089

37,075

34,204

31,751

34,062

36,377

2,993

3,368

2,855

Goodwill

59,530

59,728

59,467

59,685

59,690

59,724

59,819

45,316

45,656

45,466

45,388

45,189

44,876

44,786

45,134

64,114

64,421

63,529

64,073

122,361

121,835

122,640

209,656

212,458

210,824

211,562

211,711

209,357

210,207

212,664

185,771

150,766

150,766

150,768

40,549

40,538

26,382

Deferred tax assets

836

851

866

869

889

930

930

-

-

-

962

-

-

-

1,021

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net deferred long-term tax assets

-

-

-

-

-

-

-

963

963

962

-

1,021

1,021

1,021

-

14,147

13,830

8,025

5,871

28,305

28,305

28,305

6,160

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term assets of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,384

Other assets

11,066

11,948

12,136

14,299

14,451

14,272

14,124

13,624

12,246

12,809

12,737

12,611

11,882

11,847

12,016

15,334

15,264

14,499

12,748

2,397

2,022

1,805

1,823

7,088

7,240

6,846

6,583

7,667

7,639

7,656

7,474

5,754

5,954

5,958

5,970

6,361

6,295

Total assets

182,072

179,196

187,283

190,668

193,109

192,856

201,832

197,440

200,115

204,849

215,229

231,566

240,027

252,707

260,109

295,957

287,055

282,846

288,488

342,796

343,205

355,421

431,718

421,639

478,325

436,579

421,344

395,757

390,947

380,026

400,408

339,560

353,465

322,781

227,807

197,898

164,904

Liabilities and stockholders’ equity
Current liabilities:
Accounts payable

19,166

9,714

15,051

13,289

11,126

10,369

13,859

16,264

18,974

11,509

13,099

11,768

12,570

9,180

9,732

8,512

8,782

10,094

9,500

17,117

15,686

15,135

15,994

15,764

21,897

20,589

16,539

12,281

10,763

11,342

9,997

5,540

15,586

9,192

8,590

6,388

7,029

Accrued expenses and other current liabilities

17,214

19,055

28,794

24,390

22,839

20,914

21,373

18,204

19,219

26,469

30,193

31,742

34,213

43,054

45,133

35,354

30,209

25,267

27,350

23,763

28,094

36,951

44,484

50,460

64,369

32,144

34,825

30,165

32,753

33,797

36,425

29,722

26,481

22,040

23,411

18,307

22,902

Current portion of operating lease liabilities

4,635

4,893

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distributions payable

0

0

1,675

1,827

1,607

1,522

2,128

2,239

2,575

2,388

3,081

9,930

4,738

4,689

1,722

1,514

1,503

1,343

2,512

2,686

5,025

4,347

4,740

3,632

4,652

4,474

4,315

2,813

4,314

3,508

4,041

2,938

6,117

6,308

7,267

5,358

5,596

Deferred revenue

2,960

2,689

3,049

3,185

3,098

2,776

2,142

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payables to sellers

21,366

20,910

20,253

24,840

25,131

27,185

28,969

28,925

24,527

25,377

24,383

-

-

-

28,901

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of acquisition earn out payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,207

14,511

8,269

8,227

7,313

5,410

7,248

995

Customer payables

-

-

-

-

-

-

-

-

-

-

-

23,931

27,847

28,890

-

29,017

27,762

30,385

29,802

30,683

30,695

37,729

41,544

31,715

32,116

29,737

29,497

28,039

34,851

35,108

34,255

12,561

14,954

16,810

12,728

13,471

9,783

Current portion of note payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,000

9,500

9,000

8,500

-

-

-

Current liabilities of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

154

266

616

694

2,160

-

2,332

Total current liabilities

65,341

57,261

68,822

67,531

63,801

62,766

68,471

65,632

65,295

65,743

70,756

77,371

79,368

85,813

85,488

74,397

68,256

67,089

69,164

74,249

79,500

94,162

106,762

101,571

123,034

86,944

85,176

73,298

82,681

85,962

109,383

68,796

80,981

70,857

59,566

50,772

48,637

Operating lease liabilities

6,539

7,646

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition earn out payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18,390

-

-

-

-

-

-

-

-

-

-

Acquisition earn out payables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18,565

18,479

-

18,299

18,207

18,113

-

-

-

11,023

4,741

4,741

1,810

Note payable, net of current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

32,000

32,000

32,000

32,000

-

-

-

Deferred taxes and other long-term liabilities

2,080

1,852

2,286

2,024

4,843

3,591

3,707

6,487

6,683

6,584

11,837

10,642

10,909

11,119

12,010

-

-

-

3,322

6,749

6,986

7,512

7,973

1,811

2,248

2,703

2,899

9,221

9,561

9,926

9,022

2,215

2,254

2,298

2,087

2,105

2,026

Long-term liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,479

3,221

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,334

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term liabilities of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

57

Total liabilities

73,960

66,759

71,108

69,555

68,644

66,357

72,178

72,119

71,978

72,327

82,593

88,013

90,277

96,932

97,498

77,876

71,477

70,423

72,486

80,998

86,486

101,674

114,735

103,382

143,847

108,126

106,465

100,818

110,449

114,001

150,405

103,011

115,235

116,178

66,394

57,618

52,530

Commitments and contingencies (Note 11)

0

0

0

0

0

0

-

0

0

0

0

0

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders’ equity:
Common stock, $0.001 par value; 120,000,000 shares authorized; 33,988,798 shares issued and outstanding at March 31, 2020; 33,687,115 shares issued and outstanding at September 30, 2019

34

34

34

33

33

33

33

29

29

29

29

29

29

29

29

29

29

29

29

29

29

29

28

28

31

31

31

31

31

31

31

31

30

30

29

28

27

Treasury stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

44,870

3,057

-

-

-

-

-

-

29,999

-

-

21,884

21,884

18,343

Additional paid-in capital

244,527

243,311

242,686

241,361

239,806

237,679

236,115

231,327

229,850

228,626

227,264

226,422

224,327

222,392

220,192

218,416

215,672

213,087

210,712

213,479

210,287

207,539

204,704

223,939

218,955

213,871

206,861

200,059

195,543

191,942

182,361

165,405

151,947

139,064

124,886

107,765

85,517

Accumulated other comprehensive loss

-8,443

-7,140

-7,973

-6,933

-6,678

-6,876

-6,449

-7,195

-6,448

-6,482

-6,431

-8,639

-8,962

-9,210

-8,571

-5,080

-4,963

-6,383

-5,626

-6,292

-6,564

-5,407

-3,451

594

-1,644

-11

518

-2,211

-848

978

1,246

31

35

53

52

-832

-4,645

Accumulated deficit

-128,006

-123,768

-118,572

-113,348

-108,696

-104,337

-100,045

-98,840

-95,294

-89,651

-88,226

-74,259

-65,644

-57,436

-49,039

4,716

4,840

5,690

10,887

54,582

52,967

51,586

115,702

138,566

120,193

114,562

107,469

97,060

85,772

73,074

66,365

101,081

86,218

67,456

58,330

55,203

49,818

Total stockholders’ equity

108,112

112,437

116,175

121,113

124,465

126,499

129,654

125,321

128,137

132,522

132,636

143,553

149,750

155,775

162,611

218,081

215,578

212,423

216,002

261,798

256,719

253,747

316,983

318,257

334,478

328,453

314,879

294,939

280,498

266,025

250,003

236,549

238,230

206,603

161,413

140,280

112,374

Total liabilities and stockholders’ equity

182,072

179,196

187,283

190,668

193,109

192,856

201,832

197,440

200,115

204,849

215,229

231,566

240,027

252,707

260,109

295,957

287,055

282,846

288,488

342,796

343,205

355,421

431,718

421,639

478,325

436,579

421,344

395,757

390,947

380,026

400,408

339,560

353,465

322,781

227,807

197,898

164,904