Nova Lifestyle, Inc. NVFY Balance Sheet

Nova lifestyle, inc. (NVFY)

Balance Sheet / Quarterly

Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Dec'10
Current Assets
Cash and cash equivalents
7,423	1,815	3,108	49,898	243	883	7,803	1,121	5,722	802	5,171	290	2,587	5,843	649	1,060	920	970	1,349	1,318	1,244	1,867	2,526	2,062	2,323	1,580	1,332	601	3,150	1,712	2,136	1,864	2,505	4,175	663	985
Accounts receivable, net
390	9,021	8,383	12,748	66,592	53,718	55,274	54,625	54,006	36,938	31,601	25,163	42,102	43,209	49,870	48,657	42,684	49,422	46,191	42,541	42,971	37,730	33,092	25,228	27,967	26,404	23,591	21,539	22,387	24,452	22,162	19,972	18,974	12,070	8,690	5,921
Accounts receivable - related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	28	263	-	565
Due from factor
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	203	-	-	-
Advance to suppliers
27,745	36,623	55,776	5,862	9,545	19,721	15,870	10,762	8,580	21,951	24,592	21,114	13,669	11,549	14,957	14,700	7,936	6,243	6,316	5,865	8,104	6,368	7,964	7,159	3,535	2,037	3,365	3,429	3,105	1,614	1,123	255	349	352	825	326
Inventories
29,724	25,345	5,860	6,464	6,371	5,787	5,882	6,220	6,374	6,720	2,013	2,291	2,781	2,272	5,339	4,572	2,514	5,661	7,334	5,870	3,612	6,095	4,724	3,045	3,353	3,247	3,479	2,836	3,240	2,778	2,325	1,762	1,848	1,513	958	1,017
Assignment fee receivable (Note 3)
-	-	-	-	-	-	-	-	-	0	0	0	1,250	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Receivable from an unrelated party (Note 7)
-	-	-	-	-	-	-	-	-	0	0	13,035	7,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	424	-
Prepaid expenses and other receivables
173	380	460	80	100	186	245	171	232	315	710	2,345	642	1,305	1,207	1,006	508	1,001	1,387	447	641	1,018	683	634	648	1,041	487	86	179	202	-	-	113	-	-	-
Prepaid income tax
-	11	13	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current assets of discontinued operations
3,041	-	-	-	2,596	-	-	-	-	-	-	-	-	25,055	-	-	11,260	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Taxes receivable
-	-	-	-	-	-	-	-	-	14	14	23	14	-	22	-	8	-	-	-	-	0	0	0	38	-	-	-	0	-	-	-	-	-	-	-
Prepaid expenses and other receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	302	191	-	246	242	126
Deferred tax asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	139	118	118	118	-	-	-	243	177	159	157	-	156	156	157	156	120	117	115
Deferred tax asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	242	242	242	-	-	-	-	157	-	-	-	-	-	-	-
Total Current Assets
68,498	73,198	73,601	75,053	85,449	80,297	85,076	72,901	74,917	66,742	64,104	64,264	70,049	89,235	72,046	69,997	65,833	63,439	62,699	56,161	56,693	53,323	49,234	38,372	38,110	34,488	32,416	28,650	32,221	30,916	28,206	24,203	24,180	18,741	11,923	9,057
Noncurrent Assets
Heritage and cultural assets
-	-	-	-	-	-	-	-	-	-	-	-	-	0	122	125	-	127	132	132	132	131	131	131	132	131	131	129	129	127	128	128	128	127	125	-
Plant, property and equipment, net
136	145	153	162	147	141	149	158	157	158	153	163	171	174	14,285	14,995	200	13,341	14,120	14,300	14,377	14,517	14,660	13,098	13,146	13,327	12,671	8,441	8,551	8,594	8,668	8,496	8,721	8,659	8,360	8,192
Operating lease right-of-use assets, net
2,658	2,778	2,898	3,025	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Construction in progress
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,602	2,678	1,488	1,378	613	1	809	1,024	1,018	1,544	5,623	5,374	2,319	978	757	726	-	115	75
Lease deposit
43	43	43	43	43	43	43	43	43	43	43	43	43	43	93	94	43	95	97	97	96	92	92	-	103	-	-	-	-	27	-	-	-	-	-	-
Deposits for equipment and factory construction
-	-	-	-	-	-	-	-	-	-	-	-	-	0	102	114	-	529	414	1,264	1,264	795	1,393	-	0	-	-	-	-	-	-	-	-	-	-	-
Lease deposit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	104	-	97	36	43	43	-	-	-	0	-	-	-
Equipment deposit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	64	-	0	0	4,500	3,000	796	-	-	0	-	-	-
Other receivables
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18	18	-	-	-	-	-	-	-	-	-
Other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	631	618	-
Goodwill
218	218	218	218	218	218	218	218	218	218	218	218	218	218	218	218	218	218	218	218	218	218	218	1,027	1,027	1,027	1,027	218	218	218	218	218	218	218	-	-
Deferred tax asset
0	-	-	-	436	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-current assets of discontinued operations
0	3,490	3,592	3,694	3,795	3,897	3,999	4,100	4,202	4,573	4,944	5,315	5,686	5,818	7,753	7,917	6,247	6,424	6,446	6,562	6,493	6,608	6,728	6,848	6,976	7,088	7,203	1,181	1,216	1,220	1,235	1,253	724	730	477	471
Deferred tax asset
-	0	0	436	-	318	318	318	318	1,498	1,523	1,096	874	61	61	69	61	-	-	-	0	0	0	0	44	-	-	-	0	-	-	187	-	-	18	-
Assets of discontinued operations, non-current
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,144	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax asset, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	28	0	-	187	118	-	118	-	-	-
Total Noncurrent Assets
3,056	6,677	6,906	7,580	4,641	4,620	4,729	4,840	4,940	6,492	6,883	6,836	6,994	6,315	22,636	23,536	23,914	23,338	24,109	24,063	23,962	22,977	23,226	22,083	22,455	22,709	22,660	20,138	18,531	13,492	11,347	11,043	10,637	10,368	9,716	8,740
Total Assets
71,555	79,875	80,508	82,633	90,090	84,918	89,806	77,741	79,858	73,234	70,987	71,101	77,043	95,551	94,683	93,533	89,748	86,778	86,808	80,224	80,655	76,301	72,460	60,456	60,566	57,197	55,076	48,788	50,753	44,409	39,553	35,246	34,817	29,110	21,639	17,797
Current Liabilities
Accounts payable
417	458	212	528	4,145	3,449	4,609	1,338	1,634	162	71	910	2,368	6,354	13,010	12,212	5,708	9,347	8,369	8,769	10,454	8,353	7,656	5,905	6,895	7,845	7,922	4,752	7,123	5,081	3,339	3,636	6,758	4,377	3,243	1,160
Line of credit
0	0	0	0	6,248	0	0	0	4,202	3,322	-	-	0	0	6,331	5,974	5,659	5,389	-	-	0	0	0	4,506	6,602	3,211	3,163	-	0	-	-	-	-	-	-	-
Operating lease liability, current
481	470	460	450	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Line of credit
-	-	-	-	-	4,851	7,306	-	0	0	4,307	4,508	7,977	8,033	4,864	4,943	1,848	3,875	9,241	8,374	7,592	7,167	6,947	2,660	820	2,663	2,659	6,138	6,529	4,535	3,495	-	0	-	-	-
Notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	80	-
Advance from customers
26	72	70	54	45	99	48	43	19	19	16	535	513	648	1,185	860	63	78	138	135	123	102	158	75	43	50	109	189	257	77	90	119	91	-	6	25
Accrued liabilities and other payables
301	356	454	269	803	594	640	733	847	726	967	629	780	1,129	2,046	1,893	1,438	1,773	2,333	1,880	2,470	1,426	1,590	1,786	1,458	1,591	1,609	1,126	1,495	925	825	1,162	834	780	-	1,065
Deposit received from Buyer
-	-	-	-	-	-	-	-	-	-	-	-	-	5,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warrant derivative liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1	492	1,465	2,818	3,448	-	0	-	-	-	-	-	-	-	-	-	-	-
Accrued expenses and other payables
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	838	-
Income tax payable
22	0	0	455	584	-	-	-	-	-	-	-	-	129	0	8	-	46	12	101	61	87	400	62	0	412	161	186	272	863	426	326	198	635	475	197
Current liabilities of discontinued operations
215	-	-	-	5	-	-	-	-	-	-	-	-	10,891	-	-	8,147	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Due to related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	197
Total Current Liabilities
1,464	1,358	1,198	1,758	11,832	9,389	12,931	2,509	2,680	907	5,362	6,583	11,641	32,687	21,106	19,918	17,205	15,121	20,097	19,754	22,168	19,956	20,202	10,490	9,216	12,563	12,460	12,393	15,677	11,484	8,177	5,245	7,882	5,793	4,644	2,646
Noncurrent Liabilities
Operating lease liability, non-current
2,211	2,335	2,456	2,574	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred rent payable
-	-	-	-	-	-	-	-	-	-	-	-	-	0	97	-	-	87	85	89	85	79	74	69	74	-	-	-	55	-	-	-	-	-	-	-
Deferred rent payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	63	58	51	-	54	48	62	58	55	50	43
Deferred rent payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	95	-	13	12	12	12	10	10	10	0	45	73	45	45	-	-	69	0	18	20	1
Income tax payable
1,833	1,931	1,944	3,376	2,255	3,579	4,591	4,559	4,527	2,009	2,297	2,196	2,136	2,075	6,936	6,943	2,160	6,792	6,859	6,711	6,607	6,458	-	-	5,944	-	-	-	-	-	-	-	-	-	-	-
Non-current liabilities of discontinued operations
0	-	-	-	1,096	394	324	393	178	-	-	-	0	-	-	-	4,731	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,065	5,957	-	5,481	5,355	4,713	4,608	4,407	4,215	4,121	4,016	2,586	2,445	2,368
Total Noncurrent Liabilities
4,044	4,267	4,400	5,950	3,351	3,579	4,591	4,559	8,729	5,331	2,297	2,196	2,136	2,075	13,364	13,013	12,551	12,282	6,956	6,813	6,705	6,548	6,150	10,544	12,620	8,801	8,650	4,809	4,709	4,461	4,264	4,253	4,075	2,659	2,516	2,413
Total Liabilities
5,509	5,625	5,598	7,709	15,184	12,969	17,522	7,068	11,410	6,239	7,660	8,779	13,778	34,763	34,470	32,932	29,756	27,403	27,054	26,568	28,873	26,504	26,353	21,035	21,837	21,364	21,111	17,203	20,387	15,946	12,442	9,498	11,957	8,452	7,161	5,059
Contingencies and Commitments
-	-	-	-	-	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
Common stock, $0.001 par value; 15,000,000 shares authorized, 5,741,604 and 5,713,330 shares issued and outstanding; as of December 31, 2019 and 2018, respectively
5	28	28	28	5	28	28	28	28	27	27	27	27	25	25	24	24	24	24	20	20	20	20	19	19	19	18	18	18	18	18	18	17	17	14	9
Additional paid-in capital
40,221	40,281	40,139	40,006	39,864	39,657	39,500	39,252	38,682	38,309	37,599	37,150	36,885	33,265	32,892	32,198	31,761	31,480	31,221	25,069	24,751	24,183	24,075	21,497	20,977	20,674	20,097	19,112	19,107	19,107	18,970	18,970	17,074	17,074	13,217	10,902
Subscription receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	750	750	1,950	1,950	1,950	1,950	1,950	1,950	1,950	1,950	1,950	2,400	-
Shares to be issued
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-462	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Statutory reserves
6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6
Treasury stock, at cost, 172,870 and nil shares as of December 31, 2019 and 2018, respectively
616	515	110	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retained earnings
26,429	34,448	34,844	34,882	35,030	32,257	32,749	31,385	29,730	28,651	25,694	25,137	26,346	1,149	1,248	26,725	26,628	25,944	25,913	26,053	24,428	22,650	19,529	16,177	15,873	14,592	13,371	12,184	11,006	9,219	7,976	6,551	5,572	3,473	1,792	207
Retained earnings
-	-	-	-	-	-	-	-	-	-	-	-	-	26,341	26,040	1,646	1,570	1,919	2,588	2,506	2,575	2,473	2,474	2,471	2,603	2,490	2,420	2,213	2,176	2,060	2,089	2,151	2,138	2,034	1,847	1,611
Total Stockholders' Equity
66,046	74,249	74,909	74,923	74,906	71,948	72,283	70,672	68,447	66,995	63,327	62,321	63,265	60,788	60,212	60,601	59,991	59,375	59,754	53,656	51,782	49,796	46,107	39,421	38,729	35,832	33,964	31,585	30,365	28,463	27,111	25,748	22,860	20,657	14,478	12,737
Total Liabilities and Stockholders' Equity
71,555	79,875	80,508	82,633	90,090	84,918	89,806	77,741	79,858	73,234	70,987	71,101	77,043	95,551	94,683	93,533	89,748	86,778	86,808	80,224	80,655	76,301	72,460	60,456	60,566	57,197	55,076	48,788	50,753	44,409	39,553	35,246	34,817	29,110	21,639	17,797