SEANERGY MARITIME HOLDINGS CORP. SHIP Balance Sheet

Seanergy maritime holdings corp. (SHIP)

Balance Sheet / Quarterly

Sep'18	Jun'18	Dec'17	Sep'17	Jun'17	Dec'16	Sep'16	Jun'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10
ASSETS
Current assets:
Cash and cash equivalents
4,397	12,218	8,889	8,438	6,397	12,858	3,909	3,059	3,304	2,873	3,075	4,298	17,734	53,787
Restricted cash
345	50	1,550	-	-	1,550	50	50	50	0	-	-	-	-
Restricted cash
-	-	-	1,550	1,550	-	-	-	-	-	-	2,000	19,560	10,385
Accounts receivable trade, net
3,518	2,037	3,626	2,552	3,819	2,783	1,597	1,584	1,287	30	1,256	2,287	1,764	999
Due from related parties
-	-	-	-	-	-	-	-	-	-	-	-	405	0
Inventories
8,252	6,744	4,797	4,201	5,253	4,049	2,970	2,455	2,980	0	913	471	2,512	1,459
Prepaid expenses and other current assets
978	1,041	636	-	-	-	-	-	-	-	-	-	-	-
Vessels held for sale
22,660	-	0	-	-	-	-	-	-	-	-	-	-	-
Deferred voyage expenses
1,954	161	0	-	-	-	-	-	-	-	-	-	-	-
Other current assets
-	-	-	519	755	1,089	497	888	657	304	965	2,190	1,457	1,829
Vessels held for sale
-	-	-	-	-	-	-	-	-	-	60,141	-	-	-
Vessels held for sale
-	-	-	-	-	-	-	-	-	-	-	39,750	0	-
Deferred charges
-	-	-	-	-	-	-	-	-	-	-	1,090	0	-
Total current assets
42,104	22,251	19,498	17,260	17,774	22,329	9,023	8,036	8,278	3,207	66,350	52,086	43,432	68,459
Fixed assets:
Vessels, net
217,086	249,344	254,730	257,266	259,979	232,109	193,539	195,655	199,840	0	-	68,511	381,129	597,372
Advances for vessels acquisitions and other costs
2,870	-	0	-	-	-	-	-	-	-	-	-	-	-
Other fixed assets, net
533	554	0	-	-	-	-	-	-	-	-	-	-	-
Right of use asset - leases
626	626	0	-	-	-	-	-	-	-	-	-	-	-
Office equipment, net
-	-	-	2	8	19	24	29	40	61	-	-	-	-
Total fixed assets
221,115	250,524	254,730	257,268	259,987	232,128	193,563	195,684	199,880	61	0	2	15	29
Other non-current assets:
Deposits assets, non-current
1,325	1,325	0	-	-	-	-	-	-	-	-	-	-	-
Goodwill
-	-	-	-	-	-	-	-	-	-	-	-	4,365	17,275
Deferred charges, non-current
420	432	846	1,122	1,232	1,572	1,017	913	1,194	0	-	220	7,358	13,086
Restricted cash, non-current
500	730	600	910	1,250	1,500	-	-	0	-	-	-	-	-
Other non-current assets
30	30	31	0	0	5	5	5	0	-	-	141	177	180
Total fixed assets
-	-	-	-	-	-	-	-	-	-	0	68,513	381,144	597,401
TOTAL ASSETS
265,494	275,292	275,705	276,560	280,243	257,534	203,608	204,638	209,352	3,268	66,350	120,960	436,476	696,401
LIABILITIES AND STOCKHOLDERS EQUITY
Current liabilities:
Current portion of long-term debt and other financial liabilities, net of deferred finance costs of $563 and $362, respectively
20,392	21,779	19,216	19,726	16,986	10,301	6,583	2,683	718	0	134,911	208,649	45,817	53,380
Current portion of convertible promissory notes
1,775	200	0	0	400	200	822	249	103	0	-	-	-	-
Trade accounts and other payables
15,177	10,198	8,778	6,675	7,888	6,350	4,777	3,212	5,979	264	-	-	-	-
Trade accounts and other payables
-	-	-	-	-	-	-	-	-	-	2,148	2,514	2,595	2,340
Due to related parties
7,898	7,896	0	-	4,738	-	-	-	-	-	9,049	6,135	1,097	4,025
Accrued liabilities
4,034	3,955	4,725	3,651	3,064	2,529	1,581	2,254	2,296	223	1,252	1,159	2,428	3,491
Lease liability
36	36	0	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
154	4,641	1,741	-	-	-	-	-	-	-	-	-	-	-
Accrued interest
-	-	-	-	-	-	-	-	-	-	9,480	3,543	1,936	1,009
Deferred revenue
-	-	-	1,854	223	1,850	67	668	154	0	205	-	-	-
Financial instruments
-	-	-	-	-	-	-	-	-	-	-	-491	-4,092	-5,787
Below market acquired time charters
-	-	-	-	-	-	-	-	-	-	-	-	-	266
Deferred revenue - related party
-	-	-	-	-	-	-	-	-	-	-	-	142	1,041
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-	86	590	1,452
Total current liabilities
49,466	48,705	34,460	31,906	33,299	21,230	13,830	9,066	9,250	592	157,045	222,577	58,697	72,791
Non-current liabilities:
Long-term debt and other financial liabilities, net of current portion and deferred finance costs of $1,067 and $1,067, respectively
172,287	177,244	175,805	179,965	203,638	198,497	170,625	174,407	176,787	0	-	-	300,586	346,168
Due to related parties, non-current
11,450	11,450	17,342	17,340	17,342	5,878	-	-	0	-	-	-	-	-
Long-term portion of convertible promissory notes
8,344	8,669	6,785	5,988	1,645	1,097	0	261	31	0	-	-	-	-
Lease liability, non-current
590	590	0	-	-	-	-	-	-	-	-	-	-	-
Financial instruments, net of current portion
-	-	-	-	-	-	-	-	-	-	-	-	270	2,777
Total liabilities
242,137	246,658	234,392	235,199	255,924	226,702	184,455	183,734	186,068	592	157,045	222,577	359,553	421,736
Commitments and contingencies
0	0	0	0	0	0	0	0	0	0	0	0	0	0
STOCKHOLDERS EQUITY
Preferred stock, $0.0001 par value; 25,000,000 shares authorized; none issued
0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common stock, $0.0001 par value; 500,000,000 authorized shares as at September 30, 2018 and December 31, 2017; 38,193,348 and 36,979,346 shares issued and outstanding as at September 30, 2018 and December 31, 2017, respectively
3	3	3	3	3	3	2	2	2	0	1	1	1	1
Additional paid-in capital
384,224	383,938	383,007	382,939	372,368	369,291	350,720	346,600	337,121	307,559	294,535	294,520	279,292	279,278
Accumulated deficit
-360,870	-355,307	-341,697	-341,581	-348,052	-338,462	-331,569	-325,698	-313,839	-304,883	-385,231	-396,138	-202,370	-4,614
Total Stockholders' equity
23,357	28,634	41,313	41,361	24,319	30,832	19,153	20,904	23,284	2,676	-	-	-	-
Total Stockholders' equity
-	-	-	-	-	-	-	-	-	-	-90,695	-101,617	76,923	274,665
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY
265,494	275,292	275,705	276,560	280,243	257,534	203,608	204,638	209,352	3,268	66,350	120,960	436,476	696,401