Everspin technologies inc (MRAM)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Dec'15
Assets
Current assets:
Cash and cash equivalents

13,950

14,487

14,780

15,273

18,515

23,379

31,438

32,725

33,883

12,950

17,842

21,176

24,492

29,727

1,999

2,307

Accounts receivable, net

6,320

5,799

5,568

5,864

5,982

7,522

5,582

5,097

8,904

4,041

3,700

3,630

2,657

3,170

2,326

1,909

Amounts due from related parties

-

-

-

-

-

-

-

-

382

-

483

550

523

486

619

564

Inventory

7,944

7,863

8,318

8,964

9,659

9,097

9,482

8,851

8,903

9,837

7,697

6,653

5,824

5,069

5,303

4,176

Prepaid expenses and other current assets

518

539

222

488

595

688

436

1,225

1,207

590

730

1,002

839

1,050

467

190

Total current assets

28,732

28,688

28,888

30,589

34,751

40,686

46,938

47,898

53,279

27,418

30,452

33,011

34,335

39,502

10,714

9,146

Property and equipment, net

3,077

3,479

3,558

3,867

4,108

4,286

4,438

3,457

3,775

3,946

4,017

3,675

3,123

1,920

1,705

1,654

Right-of-use assets

2,770

3,132

2,595

2,947

3,272

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

132

Intangible assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

33

-

Deferred offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,101

-

Other assets

73

73

73

73

73

73

73

209

93

73

61

61

61

50

50

29

Total assets

34,652

35,372

35,114

37,476

42,204

45,045

51,449

51,564

57,147

31,437

34,530

36,747

37,519

41,472

15,603

10,961

Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable

1,761

2,873

3,178

2,197

1,692

2,637

2,847

2,883

2,337

2,920

2,093

1,852

3,140

1,502

2,095

1,162

Accrued liabilities

1,965

2,727

3,167

3,704

4,424

5,001

8,588

6,339

2,127

3,748

2,090

1,911

1,926

1,811

3,114

1,755

Amounts due to related parties

-

-

-

-

-

-

-

-

3,734

-

2,029

1,392

2,076

1,359

6,771

3,812

Deferred income on shipments to distributors

-

-

-

-

-

-

-

-

-

1,720

-

-

-

-

-

-

Deferred income on shipments to distributors

-

-

-

-

-

-

-

-

-

-

2,150

1,590

1,470

1,827

-

1,440

Deferred income on shipments to distributors

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,646

-

Derivative liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

120

-

Convertible promissory notes payable-related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,461

-

Current portion of long-term debt

1,271

670

72

5,977

5,972

5,977

4,472

5,993

5,490

3,987

1,649

649

3,910

3,884

3,904

1,175

Operating lease liabilities

1,613

1,582

1,606

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

34

42

48

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease liabilities

-

-

-

1,583

1,542

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

6,644

7,894

8,071

13,461

13,630

13,615

15,907

15,215

13,688

12,375

10,011

7,394

12,522

10,383

26,111

9,344

Redeemable convertible preferred stock warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

405

437

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

42

229

Long-term debt, net of current portion

6,621

7,149

7,676

3,642

5,075

6,509

7,928

5,366

6,772

8,178

10,414

11,345

3,517

4,218

4,914

6,739

Operating lease liabilities, net of current portion

1,426

1,840

1,307

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease liabilities, net of current portion

-

-

-

1,726

2,117

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

14,691

16,883

17,054

18,829

20,822

20,124

23,835

20,581

20,460

20,553

20,425

18,739

16,039

14,601

31,472

16,749

Commitments and contingencies

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

Redeemable convertible preferred stock, $0.0001 par value per share; zero and 68,080,000 shares authorized as of December 31, 2016 and 2015, zero and 2,486,199 shares issued and outstanding as of December 31, 2016 and 2015

-

-

-

-

-

-

-

-

-

-

-

-

-

-

64,642

64,642

Stockholders’ equity:
Preferred stock, $0.0001 par value per share; 5,000,000 shares authorized; no shares issued and outstanding as of March 31, 2020 and December 31, 2018

-

-

-

-

-

-

0

0

0

-

0

0

0

0

-

0

Common stock, $0.0001 par value per share; 100,000,000 shares authorized; 18,638,555 and 18,081,753 shares issued and outstanding as of March 31, 2020 and December 31, 2019

2

2

2

2

2

2

2

2

2

1

1

1

1

1

0

-

Additional paid-in capital

170,353

167,149

163,640

160,564

159,629

158,912

158,125

155,866

154,201

128,422

127,262

125,719

124,004

123,309

10,620

9,301

Accumulated deficit

-150,394

-148,662

-145,582

-141,919

-138,249

-133,993

-130,513

-124,885

-117,516

-117,539

-113,158

-107,712

-102,525

-96,439

-91,131

-79,731

Total stockholders’ equity

19,961

18,489

18,060

18,647

21,382

24,921

27,614

30,983

36,687

10,884

14,105

18,008

21,480

26,871

-80,511

-70,430

Total liabilities and stockholders’ equity

34,652

35,372

35,114

37,476

42,204

45,045

51,449

51,564

57,147

31,437

34,530

36,747

37,519

41,472

15,603

10,961