Rekor systems, inc. (NVMM)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Jan'17Dec'16
ASSETS
CURRENT ASSETS
Cash and cash equivalents

1,087

1,075

1,273

3,096

5,051

2,069

1,483

2,100

2,184

1,957

3,762

-

-

2,788

Restricted cash and cash equivalents

415

461

708

572

-

609

-

-

-

-

-

-

-

-

Accounts receivable, net

737

776

4,714

7,267

6,923

2,976

6,810

7,043

5,696

6,707

3,300

-

-

1,997

Inventory

488

302

385

214

120

73

124

129

144

155

169

-

-

0

Related party receivable from acquisition

-

-

-

-

254

-

0

0

0

1,475

300

-

-

0

Other current assets, net

388

175

106

358

549

167

404

507

545

635

253

-

-

81

Current assets held for sale and discontinued operations

7,408

7,441

3,529

-

-

2,636

-

-

-

-

-

-

-

-

Total current assets

10,523

10,230

10,715

11,507

12,899

8,530

8,823

9,781

8,569

10,930

7,785

0

0

4,867

Capitalized Software

-

-

-

-

1,108

-

-

-

-

52

-

-

-

-

Furniture and fixtures

-

-

-

-

302

-

252

232

219

211

160

-

-

137

Office equipment

-

-

-

-

549

-

549

531

526

524

976

-

-

463

Camera systems

-

-

-

-

682

-

1,319

912

500

462

969

-

-

0

Vehicles

-

-

-

-

36

-

36

36

28

10

151

-

-

0

Leasehold improvements

-

-

-

-

95

-

111

72

72

72

59

-

-

33

Total fixed assets

-

-

-

-

2,774

-

2,268

1,784

1,347

1,333

2,316

-

-

634

Less: accumulated depreciation

-

-

-

-

1,049

-

892

806

715

633

1,951

-

-

515

Property and equipment, net

480

442

1,712

1,819

1,725

462

1,376

978

632

700

365

-

-

119

Right-of-use lease assets, net

383

283

761

1,068

857

0

-

-

-

-

-

-

-

-

Goodwill

6,336

6,336

6,336

8,027

3,092

1,402

3,092

3,092

3,092

3,092

1,960

-

-

0

Intangible assets, net

7,993

8,244

7,300

9,647

16,309

3,456

5,082

5,345

5,600

5,468

2,168

-

-

0

Notes receivable - net of current portion

-

-

-

-

-

-

-

-

-

-

1,649

-

-

-

Deferred offering and financing costs

-

-

-

-

-

-

-

-

-

-

0

-

-

236

Deferred tax asset

-

-

-

-

-

-

-

-

-

-

1,184

-

-

219

Investment at cost

-

-

-

-

-

-

262

262

262

262

262

-

-

0

Deposits and other long-term assets

-

-

13

61

60

51

44

44

67

143

39

-

-

39

Long- term assets held for sale and discontinued operations

3,407

3,457

3,986

-

-

4,154

-

-

-

-

-

-

-

-

Total other assets

-

-

-

-

60

-

306

306

330

405

3,134

-

-

496

Total assets

29,122

28,992

30,823

32,129

34,945

18,055

18,682

19,503

18,225

20,598

15,415

0

0

5,482

LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY
CURRENT LIABILITIES
Accounts payable and accrued expenses

3,264

3,678

5,568

5,175

1,930

3,437

2,191

1,887

2,007

1,390

1,385

-

-

577

Short-term borrowings

-

-

1,558

-

-

566

-

-

-

-

-

-

-

-

Accrued expenses

-

-

-

-

3,030

-

3,189

3,020

3,523

3,060

1,904

-

-

575

Lines of credit

-

-

-

2,790

2,414

-

2,091

2,867

2,141

3,663

-

-

-

0

Notes payable, current portion

-

-

0

0

34

2,469

4

2,389

-

0

-

-

-

-

Other liabilities, current portion

-

-

-

5

-

-

-

-

-

-

-

-

-

-

Lease liability, short term

231

148

296

504

201

0

-

-

-

-

-

-

-

-

Contract liabilities

799

749

720

648

-

207

-

-

-

-

-

-

-

-

Current liabilities held for sale and discontinued operations

5,787

5,757

2,680

-

-

1,895

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

505

-

164

234

157

117

72

-

-

0

Total current liabilities

10,081

10,332

10,822

9,122

8,117

8,574

7,641

10,399

7,829

8,232

3,362

0

0

1,152

Notes payable

21,922

20,409

20,076

19,744

19,424

875

3,390

933

1,414

1,405

1,419

-

-

457

Other long-term liabilities

-

-

-

24

-

-

-

-

-

-

-

-

-

-

Lease liability, long term

172

161

673

681

717

0

-

-

-

-

-

-

-

-

Deferred rent

-

-

0

0

1

8

42

46

51

53

54

-

-

56

Contract liabilities, long term

775

775

775

739

-

0

-

-

-

-

-

-

-

-

Deferred tax liability

10

10

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liability

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Long term liabilities held for sale and discontinued operations

502

536

179

-

-

90

-

-

-

-

-

-

-

-

Total long-term liabilities

-

-

-

-

20,144

-

3,432

980

1,465

1,459

1,474

-

-

513

Total liabilities

33,462

32,223

32,525

30,310

28,262

9,547

11,073

11,380

9,294

9,691

4,837

0

0

1,666

Series A Cumulative Convertible Redeemable Preferred stock, $0.0001 par value, 505,000 shares authorized and 502,327 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively

6,010

5,804

5,606

5,415

5,230

5,052

4,879

4,712

4,551

4,396

4,246

-

-

2,269

STOCKHOLDERS' (DEFICIT) EQUITY
Common stock, $0.0001 par value, 100,000,000 and 30,000,000 shares authorized, 22,786,757 and 21,595,653 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively

2

2

2

2

1

2

1

1

1

1

1

0

0

0

Preferred stock, $0.0001 par value, 2,000,000 authorized, 505,000 shares designated as Series A and 240,861 shares designated as Series B as of March 31, 2020 and December 31, 2019, respectively

0

0

-

0

0

0

-

-

-

-

0

-

-

-

Series B Cumulative Convertible Preferred stock, $0.0001 par value, 240,861 shares authorized, issued and outstanding as of March 31, 2020 and December 31, 2019, respectively

0

0

0

0

0

0

-

-

-

-

-

-

-

-

Additional paid-in capital

21,959

19,371

16,526

16,496

16,504

15,518

12,591

10,246

10,177

12,342

8,925

-

-

1,976

Subscription receivable

-

-

-

-

-

-

-

-

-

-

-

-0

-0

-

Accumulated deficit

-32,311

-28,408

-23,836

-20,094

-15,053

-12,064

-9,864

-9,245

-8,209

-5,833

-2,595

0

0

-430

Other comprehensive income

-

-

-

-

-

-

-

-

-

-

0

-

-

-

Total stockholders' (deficit) equity

-10,350

-9,035

-7,308

-3,596

1,452

3,456

2,728

3,410

4,378

6,510

6,331

0

0

1,546

Total liabilities and stockholders' (deficit) equity

29,122

28,992

30,823

32,129

34,945

18,055

18,682

19,503

18,225

20,598

15,415

-

-

5,482

Preferred Class A [Member]
Preferred stock

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Preferred Class B [Member]
Preferred stock

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Series B Cumulative Convertible Redeemable Preferred
Preferred stock

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Series B
Total Stockholders' Equity

-

-

-

-

0

-

-

-

-

-

-

-

-

-