Inspiremd, inc. (NSPR)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Oct'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

3,141

5,514

7,154

4,823

5,807

9,384

11,247

6,442

4,637

3,710

4,765

6,879

8,572

7,516

10,468

885

1,999

3,257

6,509

9,768

13,186

6,300

4,978

8,988

13,706

17,535

11,440

14,820

2,514

5,433

8,297

10,284

3,351

5,094

7,485

8,070

636

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

93

93

93

93

91

93

37

37

39

91

40

343

250

Accounts receivable:
Trade, net

856

823

796

861

464

716

710

916

754

643

538

451

471

356

542

432

546

405

664

728

719

635

397

493

1,494

1,855

2,128

1,739

2,146

1,273

1,078

1,824

2,042

2,284

1,778

614

852

Other

174

150

186

276

186

104

169

175

238

207

167

161

189

195

139

130

204

142

199

193

278

359

544

420

465

387

447

388

278

212

408

264

-

118

-

-

75

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

204

-

117

185

-

Prepaid expenses

63

87

155

44

66

81

145

71

53

62

109

73

21

65

107

41

62

75

108

76

109

150

138

215

110

141

144

272

91

94

56

93

89

72

103

71

3

Inventory

-

-

-

-

1,447

-

816

637

517

533

576

429

329

500

-

-

-

753

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory

1,202

1,236

1,283

1,218

-

1,134

-

-

-

-

-

-

-

-

365

387

511

-

1,081

1,229

1,750

1,924

1,682

1,514

1,343

1,593

1,392

1,593

1,982

1,977

2,076

1,744

-

2,061

-

-

1,704

On hand

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,017

-

1,905

1,471

-

On consignment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

20

22

63

59

110

102

82

371

TOTAL CURRENT ASSETS

5,436

7,810

9,574

7,222

7,970

11,419

13,087

8,241

6,199

5,155

6,155

7,993

9,582

8,632

11,621

1,875

3,322

4,632

8,561

11,994

16,042

9,368

7,739

11,630

17,211

21,604

15,644

18,905

7,102

9,102

11,974

14,309

7,801

9,830

11,530

10,836

3,891

NON-CURRENT ASSETS:
Property, plant and equipment, net

496

547

538

513

452

421

400

431

444

476

495

459

496

379

379

412

436

472

516

546

584

622

636

663

624

652

591

550

467

479

463

462

465

420

346

304

282

Operating lease right of use assets

864

937

975

1,042

1,104

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Royalties buyout

-

-

-

-

-

-

-

-

-

-

19

25

32

-

-

-

-

87

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred issuance costs

-

-

-

-

49

-

-

310

155

-

-

-

-

-

-

290

-

-

102

119

-

153

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

136

-

170

276

293

310

-

0

951

776

874

961

25

0

5

8

15

Fund in respect of employee rights upon retirement

589

586

535

507

482

448

446

489

487

476

444

430

402

399

407

380

411

502

466

495

504

498

474

493

455

434

436

406

380

335

304

282

236

215

189

195

167

Long-term prepaid expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20

30

58

66

80

84

85

114

143

0

-

-

-

0

-

-

-

-

-

Royalties buyout

-

-

-

-

-

-

-

-

-

-

-

-

-

-

50

63

75

-

-

-

-

752

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Royalties buyout

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

96

378

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Royalties buyout

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

400

-

792

812

837

852

873

884

897

905

-

0

-

-

-

-

-

TOTAL NON-CURRENT ASSETS

1,949

2,070

2,048

2,062

2,087

869

846

1,230

1,086

952

958

914

930

778

836

1,145

922

1,061

1,200

1,568

1,682

2,091

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total non-current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,516

1,665

1,670

1,710

1,452

1,290

2,228

2,016

1,178

1,243

261

215

194

203

182

TOTAL ASSETS

7,385

9,880

11,622

9,284

10,057

12,288

13,933

9,471

7,285

6,107

7,113

8,907

10,512

9,410

12,457

3,020

4,244

5,693

9,761

13,562

17,724

11,459

9,891

13,958

19,505

23,966

17,687

20,745

9,797

11,597

13,615

16,014

8,527

10,465

12,070

11,343

4,355

LIABILITIES AND EQUITY
CURRENT LIABILITIES:
Current maturity of long-term loan

-

-

-

-

-

-

-

-

-

-

0

0

0

2,680

3,655

3,919

4,294

4,149

4,123

4,015

-

3,809

-

-

-

-

-

-

-

-

-

-

0

94

183

268

355

Accounts payable and accruals:
Trade

562

646

687

618

872

929

456

476

512

328

402

473

351

618

409

1,198

453

512

834

491

665

909

1,548

1,529

1,405

1,623

850

831

416

501

556

441

333

814

562

763

1,103

Other

2,024

2,449

1,617

1,307

1,740

1,966

1,891

1,978

2,417

2,134

2,293

2,066

1,884

1,447

1,526

2,223

2,139

2,006

-

-

2,766

3,576

4,113

4,344

3,814

3,141

3,016

3,028

2,885

2,376

2,628

2,925

-

2,217

-

-

1,509

Contract liability

17

20

19

20

25

25

26

26

26

20

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,403

2,654

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,858

-

2,337

2,344

-

Advanced payment from customers

-

-

-

-

-

-

-

-

-

-

28

54

23

33

35

111

169

167

170

169

162

179

180

214

190

179

176

174

177

184

169

174

192

316

516

544

559

Current maturity of loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,909

-

3,710

3,037

-

1,181

-

0

-

-

-

0

-

-

-

-

-

Loans from shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

20

Deferred revenues

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,099

-

0

10

10

10

10

10

25

0

-

-

398

Convertible loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,385

6,461

-

-

-

-

-

-

-

TOTAL CURRENT LIABILITIES

2,603

3,115

2,323

1,945

2,637

2,920

2,373

2,480

2,955

2,482

2,723

2,593

2,258

4,778

5,625

7,451

7,055

6,834

7,530

7,329

7,502

8,473

9,551

9,124

7,508

6,124

4,042

4,043

10,873

9,532

3,363

3,550

3,408

3,441

3,598

3,919

3,944

LONG-TERM LIABILITIES-
Operating lease liabilities

544

653

699

1,095

1,138

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liability for employees rights upon retirement

761

729

704

670

642

605

608

629

635

624

610

572

540

587

604

539

584

706

658

698

-

687

-

-

-

-

-

-

-

-

-

-

317

-

257

264

-

Derivative Liability

-

-

-

-

-

-

-

-

872

-

-

-

-

-

-

123

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,099

2,147

3,159

-

5,086

-

-

-

-

-

-

-

-

-

-

-

0

-

-

75

Liability for employees rights upon retirement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

699

-

719

745

636

610

637

600

495

451

394

354

-

270

-

-

206

Long-term loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,138

-

6,002

6,886

7,748

8,593

-

0

-

-

-

0

-

-

-

-

-

Convertible loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

5,635

5,018

-

0

-

-

1,044

Contingently redeemable warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,832

1,410

4,979

1,706

-

0

-

-

0

TOTAL LONG-TERM LIABILITIES

1,305

1,382

1,403

1,765

1,780

605

608

629

1,507

624

610

572

540

587

604

662

584

1,805

2,805

3,857

4,837

5,773

6,721

7,631

8,384

9,203

637

600

2,327

1,861

11,008

7,078

317

270

257

264

1,325

COMMITMENTS AND CONTINGENT LIABILITIES (Note 8)

-

-

-

-

-

-

0

-

0

-

0

0

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

0

-

0

-

0

0

TOTAL LIABILITIES

3,908

4,497

3,726

3,710

4,417

3,525

2,981

3,109

4,462

3,106

3,333

3,165

2,798

5,365

6,229

8,113

7,639

8,639

10,335

11,186

12,339

14,246

16,272

16,755

15,892

15,327

4,679

4,643

13,200

11,393

14,371

10,628

3,725

3,711

3,855

4,183

5,269

REDEEMABLE PREFERRED SHARES

-

-

-

-

-

-

0

2,264

1,779

274

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

EQUITY:
Common stock, par value $0.0001 per share; 150,000,000 shares authorized at March 31, 2020 and December 31, 2019; 4,338,910 and 3,916,134 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively

-

-

-

-

-

-

4

0

0

-

1

1

1

0

0

1

1

0

7

7

7

-

4

3

3

3

3

3

2

2

7

2

7

7

6

6

5

Preferred stock, value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additional paid-in capital

163,087

163,015

162,971

158,579

156,439

156,355

156,327

147,466

143,785

143,079

142,632

142,508

142,186

135,959

-

-

-

120,050

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additional paid-in capital

-

-

-

-

-

-

-

-

-

-

-

-

-

-

135,821

122,491

122,209

-

119,561

118,870

118,001

104,624

96,236

93,046

91,894

90,952

89,930

89,079

54,628

53,349

50,464

49,106

44,576

43,388

36,617

33,279

21,057

Accumulated deficit

-159,610

-157,632

-155,075

-153,005

-150,799

-147,592

-145,379

-143,368

-142,741

-140,352

-138,853

-136,767

-134,473

-131,914

-129,593

-127,585

-125,605

-122,996

-120,142

-116,501

-112,623

-107,411

-102,621

-95,846

-88,284

-82,316

-76,925

-72,980

-58,033

-53,147

-51,227

-43,722

-39,781

-36,641

-28,408

-26,125

-21,976

Total equity

3,477

5,383

7,896

5,574

5,640

8,763

10,952

4,098

1,044

2,727

3,780

5,742

7,714

4,045

6,228

-5,093

-3,395

-2,946

-574

2,376

5,385

-2,787

-6,381

-2,797

3,613

8,639

13,008

16,102

-3,403

204

-756

5,386

4,802

6,754

-

-

-914

Total equity (capital deficiency)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,215

7,160

-

Total liabilities and equity

7,385

9,880

11,622

9,284

10,057

12,288

13,933

9,471

7,285

6,107

7,113

8,907

10,512

9,410

12,457

3,020

4,244

5,693

9,761

13,562

17,724

11,459

9,891

13,958

19,505

23,966

17,687

20,745

9,797

11,597

13,615

16,014

8,527

10,465

12,070

11,343

4,355