Superior drilling products, inc. (SDPI)
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'14Dec'13
ASSETS
Current assets
Cash

3,349

1,217

2,791

3,214

4,346

4,264

4,275

3,083

2,175

2,375

2,705

1,300

1,029

2,241

332

211

767

1,297

1,928

2,456

5,772

5,792

5,961

7,727

11

Accounts receivable, net

3,225

3,850

4,098

3,313

2,937

2,273

2,628

3,208

3,223

2,667

2,532

2,875

2,655

1,038

1,212

473

830

1,861

1,935

2,128

3,543

4,403

4,259

3,585

2,978

Accounts receivable - stock subscription

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,297

-

-

-

-

-

-

-

-

-

-

Prepaid expenses

94

139

167

235

110

133

224

152

80

111

154

77

79

76

84

81

96

179

190

211

100

163

212

171

182

Interest Receivable

-

-

-

-

-

-

275

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventories

1,179

924

960

1,162

1,231

1,003

1,034

945

1,162

1,196

1,176

1,285

1,351

1,167

1,547

1,280

1,478

1,410

1,457

1,478

1,475

1,219

1,128

1,046

96

Asset held for sale

40

252

252

258

-

-

-

-

-

-

0

0

0

2,490

-

-

-

0

-

-

-

-

-

-

-

Deferred tax asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

271

271

-

-

0

Other current assets

-

252

-

-

-

-

161

178

86

-

251

163

63

13

264

184

123

0

217

143

71

45

144

167

61

Total current assets

7,888

6,635

8,270

8,184

8,626

7,675

8,601

7,568

6,728

6,350

6,821

5,703

5,180

7,028

8,739

2,231

3,296

4,748

5,729

6,418

11,234

11,894

11,707

12,697

3,329

Property, plant and equipment, net

7,657

8,045

7,868

8,172

8,165

8,226

8,006

8,285

8,578

8,809

9,039

8,630

8,875

9,068

12,713

13,430

14,252

14,655

15,081

15,356

15,595

15,963

15,357

16,403

15,048

Intangible assets, net

-

-

-

2,569

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

2,187

Intangible assets, net

1,694

1,986

2,277

-

3,074

3,686

4,297

4,909

5,521

6,132

6,744

7,356

7,967

8,579

9,191

9,802

10,414

11,026

11,637

12,249

12,861

13,472

14,084

14,696

0

Right of use assets

238

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Related party note receivable

-

-

-

-

-

-

7,367

7,367

7,367

-

7,746

7,746

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,802

7,802

7,802

7,802

7,802

7,095

0

Related party Note receivable

-

-

-

-

-

-

-

-

-

-

-

-

7,746

8,296

8,296

8,296

8,296

8,296

8,296

8,296

8,296

8,296

8,296

8,296

0

Other noncurrent assets

93

93

58

58

51

51

48

15

15

15

15

15

15

15

15

17

17

19

29

31

58

112

465

309

194

Total assets

17,573

16,760

18,475

18,985

19,917

19,639

28,321

28,146

28,210

21,308

30,367

29,452

29,786

32,988

38,956

33,779

36,278

38,745

48,577

50,156

55,848

57,543

57,714

59,499

20,761

LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities
Accounts payable

1,551

961

1,274

784

1,345

721

658

340

1,086

1,021

658

746

1,432

1,066

1,243

776

558

638

522

515

750

893

811

738

445

Accrued expenses

738

683

1,610

1,197

904

631

725

603

416

543

1,125

693

365

449

701

806

459

809

1,664

1,454

1,998

1,967

1,924

1,145

277

Customer deposits

-

61

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of operating lease liability

149

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

112

-

-

-

-

-

-

-

-

-

-

Line of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

490

241

194

-

-

-

-

-

-

-

-

Short term bridge loan (net of debt discount)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

863

-

-

-

-

-

-

-

-

-

-

Income tax payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2

2

2

1

2

2

1

1

100

0

Payable to Founders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,860

2,000

-

Current deferred tax liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16

17

-

Capital lease obligation

-

-

-

-

-

-

-

-

-

-

0

63

157

217

333

350

342

332

321

311

302

292

283

274

258

Related party debt obligation

-

-

-

-

-

-

-

-

-

-

197

197

222

272

781

781

781

555

521

511

505

492

-

-

0

Current portion of guaranteed debt obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

4,395

Current portion of long-term debt, net of discounts

5,054

4,102

4,591

4,820

4,357

4,578

8,443

8,001

7,552

6,101

6,647

1,926

1,418

2,905

2,688

3,655

4,723

2,522

2,599

3,012

5,508

10,720

10,105

5,773

3,316

Total current liabilities

7,494

5,809

7,476

6,802

6,608

5,931

9,827

8,945

9,055

7,666

8,629

3,628

3,595

4,910

7,216

6,614

7,061

4,860

5,631

5,807

9,066

14,367

15,003

10,051

8,693

Operating lease liability

88

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liability

-

-

-

-

-

-

-

-

-

-

0

0

253

820

880

880

880

880

-

-

-

0

7

7

-

Deferred tax liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

257

208

263

744

534

959

0

Capital lease obligation, less current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

94

156

246

333

417

499

578

654

728

871

Related party debt, less current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

271

722

856

984

1,117

-

-

0

Long-term debt, less current portion, net of discounts

2,581

3,848

4,176

5,098

5,963

6,296

2,521

3,585

4,646

6,706

6,763

11,583

12,179

13,288

14,562

14,979

13,990

16,313

16,349

15,972

15,959

10,669

11,420

17,000

10,939

Total liabilities

10,165

9,657

11,652

11,900

12,571

12,228

12,348

12,530

13,702

14,373

15,393

15,212

16,028

19,020

22,658

22,568

22,088

22,571

23,294

23,263

26,772

27,477

27,620

28,747

20,504

Commitments and contingencies (Note 11)

-

-

-

-

-

-

-

0

0

-

0

-

-

0

0

0

0

-

0

0

0

0

0

0

0

Shareholders' equity
Common stock - $0.001 par value; 100,000,000 shares authorized; 25,418,126 shares issued and outstanding

25

25

25

25

25

25

24

24

24

24

24

24

24

24

18

17

17

17

17

17

17

17

17

17

0

Additional paid-in-capital

40,176

40,069

39,914

39,758

39,622

39,440

39,280

39,148

39,044

38,907

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock subscribed

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5

-

-

-

-

-

-

-

0

0

-

Additional paid-in-capital

-

-

-

-

-

-

-

-

-

-

38,793

38,646

38,470

38,295

38,011

31,756

31,636

31,379

31,252

30,920

30,868

30,815

30,693

30,693

256

Stock subscription receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Accumulated deficit

-32,793

-32,991

-33,116

-32,698

-32,301

-32,055

-23,331

-23,556

-24,561

-31,997

-23,844

-24,430

-24,737

-24,351

-21,736

-20,563

-17,464

-15,222

-5,985

-4,045

-1,809

-766

-616

40

0

Total shareholders' equity

7,408

7,102

6,822

7,084

7,346

7,410

15,973

15,616

14,508

6,935

14,973

14,239

13,757

13,968

16,298

11,210

14,189

16,174

25,283

26,892

29,075

30,066

30,094

30,751

256

Total liabilities and shareholders' equity

17,573

16,760

18,475

18,985

19,917

19,639

28,321

28,146

28,210

21,308

30,367

29,452

29,786

32,988

38,956

33,779

36,278

38,745

48,577

50,156

55,848

57,543

57,714

59,499

20,761