Quotient technology inc. (QUOT)
Balance Sheet / Quarterly
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'13
Assets
Current assets:
Cash and cash equivalents

196,798

224,764

238,134

253,578

286,458

302,028

288,475

307,836

330,447

334,635

158,664

135,394

130,486

106,174

92,496

131,424

124,259

134,947

189,988

210,035

202,414

201,075

193,197

222,031

220,825

38,972

Short-term investments

-

-

-

-

-

20,738

40,160

50,175

50,874

59,902

24,607

34,582

44,134

69,172

69,116

25,060

25,000

25,000

-

-

-

-

-

-

-

-

Accounts receivable, net of allowance for credit losses of $2,043 and $2,021 at March 31, 2020 and December 31, 2019, respectively

108,835

125,304

116,857

108,374

108,323

112,108

106,217

95,659

85,631

81,189

78,476

74,552

71,948

71,945

66,972

61,309

57,565

63,239

53,299

48,846

47,926

51,061

47,601

44,060

39,580

42,185

Prefunded coupons cash deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

626

642

589

-

996

1,497

1,180

920

Deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

410

427

438

457

-

-

-

-

Prepaid expenses and other current assets

21,878

22,026

21,399

12,978

10,931

10,044

11,973

10,275

10,092

8,737

8,530

8,527

7,654

6,293

8,193

7,826

8,525

5,297

5,494

4,677

4,562

3,712

3,565

4,252

4,750

3,100

Total current assets

327,511

372,094

376,390

374,930

405,712

444,918

446,825

463,945

477,044

484,463

270,277

253,055

254,222

253,584

236,777

225,619

215,349

228,483

249,817

264,627

255,929

256,305

245,359

271,840

266,335

85,177

Property and equipment, net

14,319

13,704

13,500

15,890

15,379

15,579

14,349

15,205

16,149

16,610

15,638

15,655

16,046

16,376

19,282

20,964

22,438

25,128

26,451

25,952

23,638

25,399

25,101

27,820

29,086

29,942

Intangible assets, net

62,511

69,752

64,367

70,106

76,085

81,724

61,852

64,080

43,652

46,490

49,446

52,401

45,586

47,987

50,440

12,791

13,853

14,880

9,839

10,352

11,033

11,818

11,645

3,597

3,835

1,813

Goodwill

128,427

128,427

118,821

118,821

118,821

118,821

109,196

102,665

80,506

80,506

80,506

80,506

43,895

43,895

43,895

43,895

43,895

43,895

29,262

29,284

29,249

29,277

28,501

17,880

17,864

9,887

Deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

843

900

975

195

Other assets

7,438

7,961

7,041

7,840

8,628

1,311

1,226

1,612

1,264

1,006

936

892

855

914

1,029

7,731

8,261

8,685

8,876

8,398

8,689

9,008

9,283

3,728

3,839

7,222

Total assets

540,206

591,938

580,119

587,587

624,625

662,353

633,448

647,507

618,615

629,075

416,803

402,509

360,604

362,756

351,423

311,000

303,796

321,071

324,245

338,613

328,538

331,807

320,732

325,765

321,934

134,236

Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable

13,478

19,116

16,525

22,338

17,478

17,060

9,755

3,978

2,942

6,090

4,129

4,110

4,388

4,968

6,063

5,789

7,951

8,187

9,461

10,098

6,393

6,358

5,894

7,703

6,846

5,589

Accrued compensation and benefits

9,559

15,232

11,374

9,850

8,099

13,107

11,551

9,601

8,022

13,914

11,811

10,807

8,360

13,202

9,955

10,931

8,874

15,237

11,560

9,467

7,969

14,861

12,691

10,490

7,378

13,721

Other current liabilities

43,765

50,032

51,644

41,527

42,797

53,255

42,333

41,351

31,897

35,538

28,839

22,383

19,507

20,864

17,822

15,943

15,389

20,170

17,779

17,879

14,845

16,530

15,341

14,790

16,133

13,699

Prefunded coupons cash obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

626

642

589

-

996

1,497

1,180

920

Deferred revenues

12,086

10,903

13,091

10,302

9,807

8,686

7,634

8,520

6,944

6,276

7,575

7,975

7,582

6,856

7,750

7,162

7,828

7,342

7,392

6,992

6,517

6,219

7,090

7,740

6,617

6,751

Contingent consideration related to acquisitions

-

27,000

27,000

26,001

24,893

-

-

24,500

24,500

18,500

16,200

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

7,500

7,500

7,500

7,500

7,500

7,500

7,500

Debt obligations, related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,999

15,787

15,577

Total current liabilities

78,888

122,283

119,634

110,018

103,074

92,108

71,273

87,950

74,305

80,318

68,554

45,275

39,837

45,890

41,590

39,825

40,042

50,936

46,818

52,578

43,813

51,468

49,512

65,719

61,441

63,757

Other non-current liabilities

6,765

7,119

6,184

6,950

7,668

3,622

3,336

3,404

3,540

3,205

520

589

658

2,548

70

263

67

5

18

56

74

89

4,087

569

804

1,046

Deferred rent

-

-

-

-

-

-

-

-

-

-

1,922

2,062

2,184

-

2,215

1,903

1,801

701

683

806

926

738

880

940

1,085

1,222

Contingent consideration related to acquisitions

9,680

9,220

3,015

3,015

7,133

28,963

16,874

14,582

-

-

-

14,800

-

-

552

687

1,653

1,407

-

-

-

-

-

-

-

-

Convertible senior notes, net

168,855

166,157

163,495

160,868

158,276

155,719

153,195

150,704

148,246

145,821

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liabilities

1,937

1,937

1,754

1,754

1,854

1,854

1,999

1,871

1,734

1,690

2,466

2,497

2,309

2,569

2,519

2,621

2,561

2,532

2,121

2,070

2,769

2,624

1,894

900

975

195

Total liabilities

266,125

306,716

294,082

282,605

278,005

282,266

246,677

258,511

227,825

231,034

73,462

65,223

44,988

51,007

46,946

45,299

46,124

55,581

49,640

55,510

47,582

54,919

56,373

68,128

64,305

66,220

Commitments and contingencies (Note 14)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Redeemable convertible preferred stock, $0.00001 par valueno shares authorized, issued and outstanding, and aggregate liquidation preference of $0 at December 31, 2014; 50,437,000 shares authorized and 41,529,721 shares issued and outstanding, and aggregate liquidation preference of $282,990 at December 31, 2013

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

270,262

Stockholders’ equity:
Preferred stock, $0.00001 par value—10,000,000 shares authorized and no shares issued or outstanding at March 31, 2020 and December 31, 2019

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock, $0.00001 par value—250,000,000 shares authorized; 89,845,169 and 89,371,199 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

-

Additional paid-in capital

676,877

671,060

662,285

665,665

689,809

703,023

703,794

696,104

690,049

686,025

701,679

684,776

657,355

647,474

643,601

593,516

581,927

570,588

561,187

552,675

541,204

531,018

516,730

509,179

502,307

28,403

Treasury stock, at cost

-

-

-

-

-

-

-

-

-

-

96,574

96,574

96,574

96,574

96,449

96,449

96,390

85,427

71,176

64,017

63,987

61,935

61,935

61,935

61,935

61,935

Accumulated other comprehensive loss

-1,149

-916

-886

-799

-814

-844

-939

-818

-722

-700

-721

-700

-707

-748

-738

-741

-746

-747

-51

-18

-66

-1

35

82

49

37

Accumulated deficit

-401,648

-384,923

-375,363

-359,885

-342,376

-322,093

-316,085

-306,291

-298,538

-287,285

-261,044

-250,217

-244,459

-238,404

-241,938

-230,626

-227,120

-218,925

-215,356

-205,538

-196,196

-192,195

-190,472

-189,690

-182,793

-168,751

Total stockholders’ equity

274,081

285,222

286,037

304,982

346,620

380,087

386,771

388,996

390,790

398,041

343,341

337,286

315,616

311,749

304,477

265,701

257,672

265,490

274,605

283,103

280,956

276,888

264,359

257,637

257,629

-202,246

Total liabilities and stockholders’ equity

540,206

591,938

580,119

587,587

624,625

662,353

633,448

647,507

618,615

629,075

416,803

402,509

360,604

362,756

351,423

311,000

303,796

321,071

324,245

338,613

328,538

331,807

320,732

325,765

321,934

134,236