Rosetta stone inc (RST)
Balance Sheet / TTM
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

35,122

43,010

36,205

20,773

28,287

38,092

31,802

20,925

39,158

42,964

40,147

26,367

39,713

36,195

32,221

29,705

42,995

47,782

34,367

29,803

45,924

64,657

49,361

46,839

55,974

98,825

113,104

132,070

139,311

148,190

126,046

118,774

112,073

106,516

103,067

106,814

115,756

Restricted cash

49

54

45

33

54

82

95

73

57

72

49

41

394

402

398

415

39

80

121

100

106

123

131

93

50

12,424

82

64

41

73

58

46

51

74

65

61

85

Short term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,600

6,404

9,711

8,211

8,317

6,410

Accounts receivable (net of allowance for doubtful accounts of $725 and $510 at March 31, 2020 and December 31, 2019, respectively)

15,391

22,919

33,093

25,660

13,738

21,950

32,597

23,253

13,703

24,517

29,801

27,980

21,072

31,788

38,096

35,104

29,803

47,327

47,541

43,530

50,909

76,757

61,222

49,643

44,932

60,342

46,339

41,735

38,783

49,946

39,685

35,088

34,315

51,997

35,202

40,008

48,056

Inventory

1,377

1,545

1,523

1,652

1,763

933

1,681

2,114

2,078

3,536

4,194

5,851

6,412

6,767

8,046

7,952

7,229

7,333

7,720

7,636

8,408

6,500

6,490

7,552

8,416

6,639

7,038

5,939

7,267

6,581

6,765

6,238

7,440

6,723

8,538

9,726

9,928

Deferred sales commissions

10,264

11,558

11,872

10,103

10,204

11,597

11,727

9,495

9,266

14,466

14,443

12,631

12,953

14,085

14,016

12,333

12,368

13,526

13,275

11,426

10,678

10,740

9,821

-

-

6,079

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

3,905

4,172

4,922

4,773

5,121

4,041

3,530

4,357

5,179

4,543

4,870

4,626

4,607

3,813

4,426

5,360

5,004

3,612

4,945

6,472

6,258

4,842

6,221

14,668

13,257

6,215

10,391

7,788

7,722

8,681

6,306

6,425

6,579

7,081

6,372

7,243

7,763

Income tax receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,082

-

-

1,391

1,100

895

464

735

963

947

197

648

254

670

1,104

9,750

10,151

8,738

7,678

14,381

10,240

2,210

Land and building improvements held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,570

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

79

136

75

-

13

12,169

11,076

10,985

9,817

8,565

11,159

Total current assets

66,108

83,258

87,660

62,994

59,167

76,695

81,432

60,217

69,441

90,098

93,504

77,496

85,151

93,050

97,203

91,951

97,438

119,660

110,930

100,067

123,178

164,083

133,981

119,758

123,576

190,721

177,681

187,986

193,869

214,575

188,623

190,491

186,676

200,765

185,653

190,974

201,367

Deferred sales commissions

7,379

7,682

7,788

6,096

6,332

6,933

7,214

6,614

6,856

3,306

3,498

3,488

3,693

4,143

4,598

4,855

5,023

5,614

6,063

5,088

4,318

4,362

4,212

-

-

1,809

-

-

-

-

-

-

-

-

-

-

-

Property and equipment, net

39,124

39,251

40,206

39,891

37,693

36,405

34,765

33,550

32,243

30,649

28,822

26,670

25,363

24,795

25,020

24,693

23,269

22,532

22,915

25,231

25,019

25,277

25,116

24,651

23,350

17,766

18,029

17,134

17,099

17,213

16,983

17,936

19,713

20,869

21,880

22,142

21,073

Operating lease right-of-use assets

5,399

5,818

6,078

6,373

5,533

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

13,936

14,317

14,699

15,080

15,462

15,850

16,600

17,369

18,233

19,184

20,138

21,037

21,855

22,753

23,878

24,797

27,168

28,244

29,693

31,081

32,203

34,377

36,287

38,507

39,610

29,006

29,801

15,952

10,815

10,825

10,835

10,845

10,855

10,865

10,879

10,903

10,948

Goodwill

48,807

48,958

48,678

49,162

49,000

49,239

49,424

49,471

50,225

49,857

49,654

49,197

48,452

48,251

48,991

48,839

50,843

50,280

56,397

56,892

56,402

58,584

77,272

78,684

78,560

50,059

49,972

39,718

34,868

34,896

34,867

34,849

34,856

34,841

34,831

34,890

34,856

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

218

210

250

-

123

7,913

9,162

8,038

7,456

6,294

6,498

Other assets

1,855

1,823

1,786

1,870

1,615

2,136

2,020

2,027

1,827

1,661

1,142

1,014

1,338

1,318

1,698

1,784

2,130

2,213

1,845

1,898

1,787

1,490

598

4,315

3,317

1,415

3,225

1,335

1,389

1,937

1,884

2,840

2,954

1,803

1,996

3,068

1,732

Total assets

182,608

201,107

206,895

181,466

174,802

187,258

191,455

169,248

178,825

194,755

196,758

178,902

185,852

194,310

201,388

196,919

205,871

228,543

227,843

220,257

242,907

288,173

277,466

265,915

268,413

290,776

278,926

262,335

258,290

279,446

253,315

264,874

264,216

277,181

262,695

268,271

276,474

Liabilities and stockholders' deficit
Current liabilities:
Accounts payable

6,831

7,534

8,757

8,472

7,345

8,938

8,910

10,557

8,949

8,984

8,661

9,476

9,014

10,684

9,862

9,159

11,364

10,778

10,512

8,762

15,071

19,548

12,088

10,577

11,740

10,326

7,588

9,344

5,770

6,064

6,959

4,434

6,716

7,291

8,377

10,508

7,631

Accrued compensation

10,955

9,854

8,902

7,444

10,906

9,046

9,942

6,336

12,568

10,948

11,313

7,444

12,528

10,777

11,628

9,846

10,575

8,201

8,752

10,148

12,981

14,470

18,338

15,895

11,461

16,380

13,094

15,398

10,325

16,830

13,211

13,467

9,644

11,703

9,062

10,970

10,514

Income tax payable

150

78

192

283

603

328

1

48

299

384

533

564

254

785

156

0

464

121

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

1,425

1,455

1,701

1,611

1,800

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings under credit facility

-

-

-

9,900

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Obligations under capital lease

-

-

-

-

-

-

454

452

472

450

440

422

395

532

551

542

546

521

378

372

361

594

620

653

667

256

-

-

-

-

-

-

-

-

-

-

-

Other current liabilities

10,979

13,090

11,436

12,278

10,697

13,925

12,863

12,628

14,062

16,454

16,755

16,943

19,584

22,150

22,750

29,923

27,400

35,318

30,874

33,786

44,914

53,258

36,506

29,417

33,497

41,936

30,482

25,916

31,284

36,387

28,407

26,971

27,259

34,911

28,098

32,772

32,625

Deferred revenue

105,969

119,851

123,103

94,170

99,443

113,378

117,478

93,530

96,274

110,670

113,932

98,582

101,502

113,821

115,699

99,219

99,279

106,868

102,711

88,590

88,589

95,240

84,230

76,346

68,861

67,173

62,168

56,399

55,929

59,195

53,787

46,012

45,154

49,375

44,649

42,983

41,965

Total current liabilities

136,309

151,862

154,091

134,158

130,794

145,615

149,648

123,551

132,624

147,890

151,634

133,431

143,277

158,749

160,646

148,689

149,628

161,807

153,227

141,658

161,916

183,110

151,782

132,888

126,226

136,071

113,332

107,057

103,308

118,476

102,364

90,884

88,773

103,280

90,186

97,233

92,735

Deferred revenue

58,036

57,766

55,729

48,661

46,811

49,507

47,047

46,187

43,996

40,593

36,961

35,965

24,982

27,636

29,294

33,145

32,978

35,880

36,671

34,577

31,634

32,929

26,631

16,880

12,681

11,684

10,463

5,187

3,934

4,221

4,002

3,931

2,559

2,520

2,939

2,745

5,193

Deferred income taxes

2,635

2,590

2,331

2,261

2,184

2,776

2,404

2,084

2,002

1,968

7,132

6,801

6,473

6,173

5,868

5,517

5,178

4,998

2,062

1,910

1,810

4,222

10,169

10,936

10,548

9,022

9,251

8,954

8,697

8,400

8,102

-

-

-

-

-

-

Operating lease liabilities

3,831

4,167

4,301

4,657

3,612

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Obligations under capital lease

-

-

-

-

-

-

1,469

1,589

1,801

1,850

1,934

1,975

1,961

2,027

2,255

2,332

2,483

2,622

2,628

2,696

2,722

3,154

3,400

3,769

4,092

217

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

786

914

1,022

1,099

1,200

1,368

32

32

31

31

524

789

10,147

1,384

870

664

728

826

895

991

1,087

1,313

1,391

2,291

2,369

2,539

2,627

863

911

155

213

1,826

1,769

176

379

238

230

Total liabilities

201,597

217,299

217,474

190,836

184,601

199,266

200,600

173,443

180,454

192,332

198,185

178,961

186,840

195,969

198,933

190,347

190,995

206,133

195,483

181,832

199,169

224,728

193,373

166,764

155,916

159,533

135,673

122,061

116,850

131,252

114,681

96,641

93,101

105,976

93,504

100,216

98,158

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' deficit:
Preferred stock, $0.001 par value; 10,000 and 10,000 shares authorized, zero and zero shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively)

-

-

-

-

-

-

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

Non-designated common stock, $0.00005 par value, 190,000 and 190,000 shares authorized, 25,580 and 25,060 shares issued, and 24,580 and 24,060 shares outstanding, at March 31, 2020 and December 31, 2019, respectively)

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

Additional paid-in capital

214,208

210,846

210,475

208,396

204,895

202,355

200,579

198,896

196,694

195,644

194,348

192,774

191,087

190,827

189,367

187,719

186,313

185,863

184,036

181,986

179,878

178,554

177,238

175,124

172,982

171,123

168,026

164,982

162,711

160,693

158,861

155,305

153,334

151,823

144,608

142,106

139,022

Treasury stock, at cost; 1,000 and 1,000 shares at March 31, 2020 and December 31, 2019, respectively)

11,435

11,435

11,435

11,435

11,435

11,435

11,435

11,435

11,435

11,435

11,435

11,435

11,435

11,435

11,435

11,435

11,435

11,435

11,435

11,435

11,435

11,435

11,435

11,435

11,435

11,435

-

-

-

0

-

-

-

-

-

-

-

Accumulated loss

-218,654

-212,548

-205,860

-202,943

-200,136

-199,592

-195,168

-188,679

-184,521

-178,890

-181,256

-178,025

-176,890

-177,344

-171,731

-166,279

-157,301

-149,794

-138,358

-131,057

-122,882

-102,998

-81,462

-65,284

-49,533

-29,292

-25,444

-25,006

-21,449

-13,158

-20,755

12,635

17,179

19,082

24,061

25,238

39,069

Accumulated other comprehensive loss

-3,110

-3,057

-3,761

-3,390

-3,125

-3,338

-3,123

-2,979

-2,369

-2,898

-3,086

-3,375

-3,752

-3,709

-3,748

-3,435

-2,703

-2,226

-1,885

-1,071

-1,825

-678

-250

744

481

845

669

296

176

657

526

291

600

298

520

709

223

Total stockholders' deficit

-18,989

-16,192

-10,579

-9,370

-9,799

-12,008

-9,145

-4,195

-1,629

2,423

-1,427

-59

-988

-1,659

2,455

6,572

14,876

22,410

32,360

38,425

43,738

63,445

84,093

99,151

112,497

131,243

143,253

140,274

141,440

148,194

138,634

168,233

171,115

171,205

169,191

168,055

178,316

Total liabilities and stockholders' deficit

182,608

201,107

206,895

181,466

174,802

187,258

191,455

169,248

178,825

194,755

196,758

178,902

185,852

194,310

201,388

196,919

205,871

228,543

227,843

220,257

242,907

288,173

277,466

265,915

268,413

290,776

278,926

262,335

258,290

279,446

253,315

264,874

264,216

277,181

262,695

268,271

276,474