Luna innovations inc (LUNA)
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'11Dec'10
Assets
Current assets:
Cash and cash equivalents

26,324

25,006

21,414

23,537

24,580

42,460

47,144

33,292

33,442

36,981

38,514

10,291

12,105

12,802

13,183

13,807

15,201

17,464

7,090

7,512

13,296

14,116

14,430

14,674

10,886

7,778

8,184

8,742

10,266

6,340

6,722

6,639

7,879

8,939

6,833

8,066

7,216

Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents

-

-

-

23,537

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable, net

15,519

16,269

16,796

13,845

13,505

13,037

9,110

9,385

8,098

5,929

8,940

13,150

12,256

10,269

11,976

11,151

11,332

11,034

9,322

9,330

4,817

5,689

5,267

5,481

10,512

5,408

5,656

6,702

5,625

7,059

7,729

7,170

6,824

5,958

7,908

6,675

7,669

Receivable from sale of HSOR business

0

2,501

2,500

2,500

2,500

2,500

4,002

4,001

4,001

4,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contract assets

2,612

2,759

3,441

3,094

2,829

2,422

2,611

3,231

2,408

1,778

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory, Net

11,191

10,294

9,644

9,732

9,996

6,873

5,462

6,906

6,534

4,634

7,300

9,540

8,722

6,848

7,898

8,389

8,842

8,863

10,037

9,955

3,807

3,364

3,400

3,314

3,294

3,346

3,775

3,646

3,521

3,336

3,569

3,395

3,273

3,330

3,570

3,772

3,106

Prepaid expenses and other current assets

1,575

1,287

1,119

1,063

1,087

935

730

1,054

1,086

1,140

924

1,266

1,536

1,375

1,770

1,694

1,765

1,388

1,672

1,933

-

715

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Disposal Group, Including Discontinued Operation, Assets, Current

-

-

-

-

-

-

0

-

-

4,336

0

-

-

5,801

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

425

-

675

582

542

708

492

560

646

667

962

921

930

1,071

849

688

665

Other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

221

-

220

70

70

70

70

70

70

35

36

35

36

35

35

45

45

Total current assets

57,221

58,116

54,917

53,773

54,498

68,228

69,061

57,874

55,573

58,801

55,679

34,248

34,620

37,097

34,828

35,043

37,142

38,750

28,121

28,732

22,568

23,886

23,994

24,124

25,305

17,312

18,179

19,722

20,131

17,440

19,020

18,162

18,944

19,335

19,197

19,247

18,703

Property and equipment, net

3,306

3,466

3,626

3,752

3,845

3,627

2,678

3,323

3,425

2,854

3,145

6,882

6,575

3,482

7,112

7,362

6,560

6,614

6,672

6,719

3,379

3,497

1,917

1,939

1,960

2,060

2,155

2,141

2,268

2,426

2,470

2,556

2,711

2,816

3,010

3,144

3,204

Intangible assets, net

9,853

10,194

10,570

10,952

11,309

3,302

1,709

3,137

3,204

1,727

3,264

8,003

8,280

3,367

9,053

9,490

9,915

10,404

11,301

11,528

181

199

180

188

223

288

327

377

358

437

449

455

513

539

652

662

664

Goodwill

10,542

10,542

10,345

10,345

10,345

101

-

502

502

0

502

2,348

2,348

502

2,348

2,348

2,274

2,274

913

614

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term contract assets

486

449

423

386

359

336

343

308

263

209

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long term receivable- sale of HSOR business

-

-

-

-

-

-

-

-

-

-

4,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

2,009

2,341

3,003

2,978

3,205

1

1

18

18

1

18

68

68

38

88

88

88

88

88

88

1

1

1

5

23

42

61

80

99

152

171

190

209

228

246

265

303

Deferred tax asset

1,542

1,416

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-current assets held for sale

-

-

-

-

-

-

0

-

-

2,627

0

-

-

10,509

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total assets

84,959

86,524

82,887

82,188

83,563

75,598

73,794

65,163

62,987

66,222

66,609

51,551

51,893

54,996

53,432

54,333

55,980

58,131

47,098

47,683

26,130

27,584

26,094

26,257

27,512

19,704

20,723

22,321

22,857

20,457

22,112

21,365

22,379

22,919

23,107

23,319

22,875

Liabilities and stockholders’ equity
Liabilities:
Current liabilities:
Current portion of long-term debt obligations

-

-

0

0

247

619

1,073

1,527

1,750

1,833

1,833

1,833

1,833

1,833

1,833

1,833

1,833

1,833

1,500

1,500

250

625

1,000

1,375

1,500

1,500

1,500

1,625

1,625

1,500

1,625

1,500

1,500

1,625

1,500

1,500

1,195

Current portion of capital lease obligations

-

-

0

0

0

40

39

34

38

43

49

52

53

52

50

50

49

31

46

61

66

70

69

68

67

66

65

55

54

54

53

52

51

50

50

49

2

Line of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,500

Accounts payable

2,490

2,787

2,636

3,000

4,945

2,395

2,297

3,787

2,357

2,111

2,188

3,958

3,147

2,954

3,257

3,889

4,222

4,054

3,999

4,074

2,266

1,447

1,508

1,520

1,257

1,401

1,270

2,238

1,562

1,797

2,357

1,854

1,649

1,656

1,860

1,498

2,008

Accrued compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,648

-

-

-

-

-

-

-

Accrued Liabilities, Current

9,243

10,369

9,694

8,972

8,599

6,597

6,589

5,554

5,742

6,547

9,586

8,131

8,672

7,913

8,220

7,524

7,459

8,304

6,710

6,179

4,522

5,468

3,458

2,781

3,061

3,546

2,717

2,531

2,803

863

2,927

2,579

3,570

3,612

3,515

4,209

3,549

Contract liabilities

3,569

3,888

3,389

2,407

2,792

2,486

1,548

1,400

1,804

3,318

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued liabilities - other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

235

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

897

946

843

837

988

1,027

1,202

1,109

788

706

811

861

404

391

552

691

558

611

573

832

1,103

1,134

1,211

1,462

1,408

1,685

1,392

Current liabilities held for sale

-

-

-

-

-

-

0

-

-

972

0

-

-

2,376

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

15,302

17,044

15,720

14,380

16,584

12,139

11,548

12,305

11,692

14,826

14,554

14,921

14,549

15,968

14,350

14,325

14,766

15,333

13,045

12,523

7,917

8,472

6,441

6,137

6,439

7,206

6,111

7,062

6,619

6,931

8,067

7,120

7,983

8,407

8,334

8,943

10,648

Long-term portion of deferred rent

-

-

0

0

0

1,035

1,072

1,109

1,148

1,184

1,221

1,337

1,372

1,319

1,440

1,481

1,520

1,564

1,427

1,507

1,536

1,570

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

1,880

2,011

2,257

2,620

2,970

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt obligations

-

-

-

-

-

-

0

0

232

603

1,057

1,511

1,965

2,420

2,916

3,375

3,833

4,291

4,000

4,375

-

0

0

0

-

625

1,000

1,375

1,750

2,125

2,500

3,000

3,375

3,625

4,000

4,375

2,611

Long-term capital lease obligations

-

-

0

0

0

68

83

54

63

71

79

89

101

114

128

141

154

35

40

45

26

39

57

75

93

110

127

100

114

128

142

156

169

183

196

208

-

Non-current liabilities held for sale

-

-

-

-

-

-

-

-

-

-

0

-

-

84

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

17,182

19,055

17,978

17,000

19,555

13,244

12,704

13,469

13,136

16,684

16,912

17,859

17,989

19,907

18,835

19,323

20,274

21,224

18,513

18,451

9,479

10,082

6,499

6,212

6,782

7,941

7,238

8,537

8,484

9,185

10,709

10,276

11,528

12,215

12,530

13,527

13,259

Commitments and contingencies (Note 13)

-

-

-

-

-

-

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, par value $0.001, 1,321,514 shares authorized, 0 and 1,321,514 shares issued and outstanding at December 31, 2019 and 2018, respectively

-

-

0

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

Common stock, par value $0.001, 100,000,000 shares authorized, 32,126,368 and 31,788,896 shares issued, 30,486,577 and 30,149,105 shares outstanding at March 31, 2020 and December 31, 2019, respectively

32

32

31

30

30

30

30

29

29

29

29

28

28

28

28

28

28

28

28

28

15

15

15

15

15

14

14

14

14

14

14

14

14

13

13

13

13

Treasury stock at cost, 1,639,791 shares at March 31, 2020 and December 31, 2019

4,337

4,337

4,337

2,337

2,116

2,116

2,116

2,116

1,955

1,649

746

661

517

517

509

341

184

184

184

65

32

32

32

32

-

0

-

-

-

-

-

-

-

-

-

-

-

Additional paid-in capital

89,446

88,022

87,608

87,004

86,355

85,744

85,353

84,742

83,744

83,563

83,204

82,837

82,656

82,451

82,226

81,997

81,741

81,461

81,033

80,734

64,447

64,147

63,824

63,503

63,213

62,756

62,430

62,089

61,700

61,361

60,880

60,312

59,805

59,289

58,776

58,213

56,681

Accumulated deficit

-17,364

-16,248

-18,394

-19,511

-20,262

-21,305

-22,178

-30,963

-31,967

-32,406

-32,791

-48,515

-48,264

-46,874

-47,149

-46,675

-45,880

-44,399

-52,292

-51,466

-47,781

-46,630

-44,213

-43,442

-42,499

-51,010

-48,961

-48,321

-47,342

-50,104

-49,493

-49,238

-48,969

-48,600

-48,214

-48,436

-47,080

Total stockholders’ equity

67,777

67,469

64,908

65,188

64,007

62,354

61,090

51,693

49,851

49,537

49,696

33,691

33,904

35,089

34,596

35,010

35,706

36,907

28,585

29,231

16,651

17,501

19,595

20,045

20,730

11,762

13,484

13,784

14,372

11,272

11,402

11,088

10,850

10,704

10,576

9,791

9,615

Total liabilities and stockholders’ equity

84,959

86,524

82,887

82,188

83,563

75,598

73,794

65,163

62,987

66,222

66,609

51,551

51,893

54,996

53,432

54,333

55,980

58,131

47,098

47,683

26,130

27,584

26,094

26,257

27,512

19,704

20,723

22,321

22,857

20,457

22,112

21,365

22,379

22,919

23,107

23,319

22,875