Neophotonics corp (NPTN)
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'11Dec'10
ASSETS
Current assets:
Cash and cash equivalents

90,905

70,467

61,396

55,107

59,793

58,185

52,099

48,383

71,867

78,906

58,528

73,661

81,699

82,500

71,625

82,476

62,739

76,088

77,250

92,135

62,002

43,035

35,269

28,043

53,056

57,101

43,656

37,558

51,404

36,940

38,579

23,229

36,890

32,321

31,502

32,325

24,659

Short-term investments

7,662

7,638

7,607

7,567

7,524

-

7,441

12,401

12,351

-

12,281

2,055

6,047

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term investments

-

-

-

-

-

7,481

-

-

-

12,311

-

-

-

19,015

28,470

28,427

38,364

23,294

23,302

8,296

8,296

-

-

-

8,285

17,916

26,908

36,874

48,356

64,301

67,296

83,858

46,890

54,063

71,873

46,990

0

Restricted cash

10,932

10,972

10,827

11,533

11,577

11,053

5,195

6,839

2,722

2,658

2,917

3,290

3,714

4,085

2,813

2,580

2,659

2,660

3,062

3,961

4,006

5,504

10,401

12,386

-

2,138

-

-

-

-

-

-

-

-

-

-

-

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,953

-

-

1,813

2,108

2,626

2,739

2,570

3,162

3,227

2,927

2,932

2,828

Accounts receivable, net of allowance for doubtful accounts

61,663

68,890

65,245

59,623

65,210

74,751

66,620

77,316

68,173

67,229

67,003

56,525

70,877

80,610

95,677

86,859

87,174

83,161

77,830

79,389

85,803

77,597

79,174

79,248

70,647

64,533

78,898

72,998

63,267

70,354

68,816

75,305

59,664

68,877

58,236

70,727

52,995

Inventories

46,146

46,930

48,668

48,795

53,618

52,159

57,124

60,947

68,971

67,301

82,809

81,328

69,159

48,237

60,219

61,515

62,525

65,602

70,747

69,655

64,729

57,347

58,819

63,992

67,949

64,908

63,687

58,227

61,859

43,793

44,092

40,074

39,007

35,341

35,877

28,877

18,532

Assets held for sale

-

-

0

0

3,074

2,971

3,192

-

-

0

0

-

-

13,953

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

26,178

25,851

23,921

23,397

23,995

26,605

28,659

30,239

32,306

36,235

34,568

36,766

26,797

22,396

14,932

13,410

15,035

12,393

10,723

12,036

14,088

15,540

13,830

13,815

12,503

9,977

10,285

8,863

10,480

7,630

7,927

6,571

6,954

5,882

3,982

4,339

7,521

Current assets held-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

1,687

-

-

3,422

Total current assets

243,486

230,748

217,664

206,022

224,791

233,205

220,330

236,125

256,390

264,640

258,106

253,625

258,293

270,796

273,736

275,267

268,496

263,198

262,914

265,472

238,924

199,023

197,493

197,484

215,393

216,573

223,434

216,333

237,474

225,644

229,449

231,607

192,567

201,398

204,397

186,190

109,957

Long-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

355

331

-

162

144

130

92

58

28,234

0

Property, plant and equipment, net

76,293

81,133

85,125

89,283

95,688

100,090

104,965

115,710

125,311

127,565

127,316

125,102

122,208

106,867

95,846

76,625

66,078

62,618

62,470

61,832

61,853

57,657

62,352

66,038

66,115

68,851

70,818

70,761

70,001

54,440

54,016

53,637

53,643

56,344

44,167

43,398

42,887

Operating lease right-of-use assets

15,128

15,603

16,037

16,520

16,847

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash and investments, non-current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,750

12,250

14,000

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchased intangible assets, net

1,953

2,151

2,315

2,532

2,736

3,018

3,320

3,657

4,017

4,294

4,594

4,898

5,204

5,562

6,217

7,528

8,699

9,852

11,169

12,441

13,787

10,263

11,600

12,956

13,972

15,005

16,309

17,362

18,766

14,213

15,148

16,093

17,041

17,999

-

-

2,146

Goodwill

1,115

1,115

1,115

1,115

1,115

1,115

1,115

1,115

1,115

1,115

1,115

1,115

1,115

1,115

1,115

1,115

1,115

1,115

1,115

1,115

1,141

-

-

-

-

-

-

-

-

-

-

-

-

-

4,323

4,323

4,323

Other intangible assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,610

1,703

-

Other long-term assets

3,781

3,929

3,088

3,144

3,159

3,148

3,080

3,199

3,288

5,339

6,858

6,436

6,449

6,547

7,672

4,888

4,895

5,095

3,743

2,130

2,145

3,591

1,959

1,913

1,820

1,798

1,836

1,318

1,361

1,335

1,043

1,045

1,048

1,049

819

816

12,956

Long-term assets held-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

167

-

-

226

Total assets

341,756

334,679

325,344

318,616

344,336

340,576

332,810

359,806

390,121

402,953

397,989

391,176

393,269

390,887

384,586

365,423

349,283

341,878

341,411

342,990

317,850

286,284

285,654

292,391

297,300

302,227

312,397

306,129

327,933

295,632

299,818

302,526

264,429

277,049

255,374

264,664

172,495

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable

58,283

58,554

58,306

51,857

57,853

58,403

54,603

64,085

61,331

69,017

69,771

80,446

82,750

84,766

76,341

64,133

55,104

50,620

54,465

55,636

55,664

48,949

52,378

54,347

56,845

48,569

54,919

43,894

40,817

36,308

37,683

41,773

38,451

37,599

35,746

39,866

28,889

Notes payable and short-term borrowing

-

-

-

-

-

4,795

-

-

-

35,607

-

-

-

30,190

-

-

-

32,657

-

-

-

22,771

20,677

20,086

-

9,738

-

-

-

-

-

-

-

-

-

-

-

Notes payable and short-term borrowing

-

-

0

0

2,339

-

3,634

18,929

35,493

-

19,630

24,149

29,484

-

31,508

32,389

32,650

-

10,196

18,183

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes payable and short-term borrowing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22,921

-

-

-

-

-

7,954

9,041

10,431

12,003

11,098

11,268

14,506

14,620

-

-

-

Notes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,210

-

-

-

-

-

-

-

-

-

-

-

-

Short-term loans and notes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,510

16,037

17,006

Current portion of long-term debt

3,066

3,044

3,054

3,048

2,963

2,897

2,798

2,868

2,981

6,005

5,740

5,458

5,263

747

908

892

815

760

24,563

16,543

16,138

2,445

10,198

10,465

10,395

10,325

10,570

8,785

8,960

5,000

5,000

5,000

5,000

5,000

0

-

5,924

Accrued and other current liabilities

48,710

47,481

42,414

43,020

50,269

-

46,857

44,288

44,936

-

44,743

40,725

37,639

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued and other current liabilities

-

-

-

-

-

50,288

-

-

-

43,242

-

-

-

30,625

-

-

-

27,950

-

-

-

22,728

19,002

18,336

26,246

23,643

23,960

20,530

24,874

19,959

22,323

21,198

-

18,299

-

-

-

Accrued and other current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28,184

21,919

21,356

-

21,406

19,812

23,927

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current liabilities held-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

1,681

-

-

-

Accrued and other current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,437

-

9,443

10,779

12,293

Current liabilities held-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

1,716

Total current liabilities

110,059

109,079

103,774

97,925

113,424

116,383

107,892

130,170

144,741

153,871

139,884

150,778

155,136

146,328

136,941

119,333

109,925

111,987

110,630

110,174

118,650

96,893

102,255

103,234

104,696

92,275

97,403

82,250

85,082

73,270

76,104

79,239

77,394

77,199

59,699

66,682

65,828

Long-term Debt, Excluding Current Maturities

37,791

39,237

44,771

45,181

50,213

50,454

50,356

46,152

47,271

40,556

41,029

10,810

6,028

10,215

12,116

12,144

11,318

10,759

11,005

10,925

27,115

20,891

15,448

17,465

19,145

24,150

26,390

28,070

42,170

17,167

18,417

19,667

20,917

22,166

0

-

2,912

Operating lease liabilities, noncurrent

15,998

16,543

17,054

17,577

18,019

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,808

1,787

1,823

1,818

1,165

1,221

1,205

1,004

-

664

655

653

650

651

653

927

557

548

536

Other noncurrent liabilities

10,670

9,614

9,748

9,949

10,122

13,499

13,388

14,026

14,389

14,075

14,959

13,967

12,836

8,939

9,044

8,456

7,953

7,476

-

-

-

7,226

7,634

8,121

7,444

7,987

8,772

7,882

8,147

1,862

-

-

-

-

-

-

-

Other noncurrent liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,547

7,482

7,627

-

-

-

-

-

-

-

-

-

1,720

1,733

1,770

3,103

1,420

1,286

1,316

Total liabilities

174,518

174,473

175,347

170,632

191,778

180,336

171,636

190,348

206,401

208,502

195,872

175,555

174,000

165,482

158,101

139,933

129,196

130,222

130,990

130,368

155,215

126,828

126,502

130,041

132,490

125,416

132,565

118,866

136,054

92,952

96,891

101,290

100,734

103,395

61,676

68,516

70,592

Commitments and contingencies (Note 11)

-

-

-

-

-

-

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:
Redeemable common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,000

5,000

-

0

-

-

-

Redeemable convertible preferred stock carrying amount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

211,541

Preferred stock, $0.0025 par value, 10,000 shares authorized, no shares issued or 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

0

0

0

0

0

0

0

0

0

Common stock, $0.0025 par value, 100,000 shares authorized, As of March 31, 2020, 48,017 shares issued and outstanding; as of December 31, 2019, 48,256 shares issued and outstanding

122

121

120

118

116

116

115

112

111

111

110

109

107

106

106

104

103

102

101

100

82

82

81

81

80

79

78

77

76

76

76

75

62

62

62

62

5

Additional paid-in capital

585,198

582,504

577,088

572,734

568,194

-

559,371

553,945

549,189

-

542,029

539,525

535,292

-

-

-

-

-

507,969

506,861

458,583

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additional paid-in capital

-

-

-

-

-

564,722

-

-

-

545,953

-

-

-

532,378

528,451

520,249

515,777

511,750

-

-

-

456,189

454,108

453,087

449,531

447,467

444,552

443,157

440,144

438,858

431,730

430,736

394,020

392,792

391,443

390,719

93,349

Accumulated other comprehensive loss

-9,841

-7,871

-10,594

-5,979

-4,189

-7,126

-7,569

-1,981

6,501

398

-2,294

-4,472

-5,930

-8,401

-1,398

-1,376

370

-1,723

1,223

5,911

6,011

5,326

8,689

10,971

10,209

11,687

13,172

12,636

11,982

11,829

11,215

11,242

11,774

11,353

10,436

9,521

12,807

Accumulated deficit

-408,241

-414,548

-416,600

-418,889

-411,600

-397,472

-390,743

-382,618

-372,081

-352,011

-337,728

-319,541

-310,200

-298,678

-300,674

-293,487

-296,163

-298,473

-298,872

-300,250

-302,041

-302,141

-303,726

-301,789

-295,010

-282,422

-277,970

-268,607

-260,323

-248,083

-245,094

-245,817

-242,161

-230,553

-208,243

-204,154

-215,799

Total stockholders’ equity

167,238

160,206

149,997

147,984

152,558

160,240

161,174

169,458

183,720

194,451

202,117

215,621

219,269

225,405

226,485

225,490

220,087

211,656

210,421

212,622

162,635

159,456

159,152

162,350

164,810

176,811

179,832

187,263

191,879

202,680

197,927

196,236

163,695

173,654

193,698

196,148

-109,638

Total liabilities and stockholders’ equity

341,756

334,679

325,344

318,616

344,336

340,576

332,810

359,806

390,121

402,953

397,989

391,176

393,269

390,887

384,586

365,423

349,283

341,878

341,411

342,990

317,850

286,284

285,654

292,391

297,300

302,227

312,397

306,129

327,933

295,632

299,818

302,526

264,429

277,049

255,374

264,664

172,495