Sharpspring, inc. (SHSP)
Balance Sheet / Yearly
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
Cash and cash equivalents

11,625

11,881

13,753

15,997

17,752

9,320

11,183

12,536

12,259

5,399

6,316

7,202

7,728

8,651

11,616

15,335

3,203

4,158

4,480

1,817

2,156

2,825

5,875

11,453

11,810

1,731

1,266

939

702

784

558

447

1,862

1,978

1,472

934

591

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

250

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

250

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable, net of allowance for doubtful accounts of $31,699 and $12,455 at March 31, 2020 and December 31, 2019, respectively

425

340

95

106

65

80

741

689

729

639

687

804

1,068

1,261

1,089

817

764

794

622

520

487

393

74

19

38

25

47

63

51

38

56

32

50

4

23

11

15

Unbilled receivables

1,091

998

927

880

832

740

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

91

91

16

16

240

240

240

240

-

-

-

97

207

218

212

-

183

171

153

206

155

151

157

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

340

237

204

-

-

-

-

196

-

-

-

-

-

-

-

Income taxes receivable

1,577

15

43

43

22

22

2

207

2,034

2,132

2,043

2,023

1,478

1,355

562

554

807

793

1,625

1,234

774

328

453

219

184

0

-

-

-

-

-

-

-

-

-

-

-

Income tax receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24

-

-

-

-

-

-

-

-

Other current assets

1,500

1,363

1,414

1,255

1,053

1,184

1,081

991

957

899

298

231

1,346

1,396

1,515

1,432

379

205

336

318

233

197

174

110

88

116

94

39

42

66

70

45

35

26

18

34

28

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

45

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current assets

16,220

14,598

16,235

18,282

19,728

11,348

13,008

14,425

15,980

9,071

9,346

10,262

11,622

12,665

14,875

18,481

5,421

6,013

7,305

4,131

3,891

3,986

6,918

12,040

12,326

1,969

1,616

1,261

1,033

1,084

869

697

2,102

2,215

1,670

1,132

792

Property and equipment, net

2,206

1,996

1,880

1,591

1,475

1,260

908

825

795

799

843

903

924

905

888

670

859

565

562

508

332

281

282

269

297

327

348

347

366

141

142

141

147

149

51

50

4

Goodwill

10,919

10,922

8,860

8,869

8,861

8,866

8,867

8,864

8,882

8,872

8,870

8,867

8,852

8,845

8,864

8,865

8,885

8,881

8,893

8,913

8,893

8,901

8,407

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

4,505

4,658

1,580

1,675

1,770

1,866

1,981

2,096

2,211

2,326

2,458

2,590

2,720

2,850

4,699

4,910

5,135

5,518

6,688

7,232

7,445

7,895

3,544

-

-

0

0

0

0

0

0

0

1

1

101

102

2

Deferred income taxes

0

0

-

-

-

-

-

2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Right-of-use assets

5,687

5,281

5,392

5,501

5,609

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term assets

547

549

559

588

639

665

644

607

774

612

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Convertible notes embedded derivative

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

34

35

33

32

-

-

-

0

-

-

-

-

60

70

60

-

-

-

-

14

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

612

612

612

612

-

-

-

136

34

27

21

-

9

6

2

2

1

1

0

Deposits and other

-

-

-

-

-

-

-

-

-

-

26

25

25

30

42

42

19

11

21

13

28

30

38

29

29

29

-

-

-

29

-

-

-

-

-

-

-

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

251

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

29

29

29

-

29

29

29

29

29

29

69

Total assets

40,085

38,006

34,509

36,510

38,085

24,007

25,409

26,821

28,643

21,682

21,579

22,684

24,178

25,329

29,370

32,969

20,320

21,242

24,084

21,412

21,205

21,707

19,251

12,409

12,714

2,463

2,029

1,666

1,451

1,271

1,052

875

2,283

2,398

1,855

1,316

869

Liabilities and Shareholders' Equity
Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

320

320

329

-

364

365

358

335

341

348

297

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

45

49

0

-

35

18

175

458

268

-

100

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

80

-

Allowance for refunds and chargebacks

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

2

2

-

2

12

9

9

8

8

8

7

8

7

2

Accounts payable

2,942

2,052

1,617

1,534

1,338

1,613

1,196

1,094

1,263

504

887

600

658

498

882

584

670

609

469

305

355

397

262

-

-

79

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses and other current liabilities

524

919

729

678

696

774

639

595

563

625

575

445

913

953

1,109

622

789

1,098

361

272

227

355

164

119

110

30

83

141

159

128

137

119

83

173

26

25

172

Line of credit

1,900

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

766

860

508

317

289

250

338

318

303

279

276

253

283

280

308

497

881

525

867

921

993

1,006

478

373

367

334

-

-

-

351

-

-

-

-

-

-

-

Current portion of earn out liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

4,901

5,191

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earn out liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,291

5,051

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

12

13

13

16

25

23

87

81

180

171

448

615

471

484

2,032

5,103

69

36

12

13

13

14

0

0

0

144

-

-

-

42

-

-

-

-

-

-

-

Lease liability, current portion

420

370

362

356

350

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

7

7

6

5

2

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Liabilities held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

369

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

6,567

4,216

3,230

2,903

2,701

2,662

2,262

2,089

2,310

1,581

2,188

1,914

2,327

2,216

4,333

6,807

7,312

7,838

7,009

6,570

1,596

1,775

908

495

480

588

451

524

498

531

545

512

625

974

644

461

571

Deferred income taxes

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

0

-

14

62

188

168

287

261

233

195

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Convertible notes, including accrued interest

0

0

0

0

8,440

8,342

8,261

8,155

8,048

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Convertible notes embedded derivative

0

0

0

0

189

214

240

267

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease liability, net of current portion

5,347

4,976

5,081

5,182

5,281

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-current portion of earn out liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

8,384

7,679

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Earn out liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,963

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

11,914

9,193

8,312

8,085

16,613

11,219

10,778

10,573

10,547

1,749

2,475

2,175

2,560

2,411

-

-

-

7,838

7,009

6,570

9,980

9,455

7,871

-

-

588

-

-

-

-

-

-

-

-

-

-

-

Commitments and contingencies (Note 13)

-

-

-

-

-

-

0

0

0

-

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Shareholder's equity:
Preferred stock, $0.001 par value, 5,000,000 shares authorized, 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

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

Common stock, $0.001 par value, Authorized shares - 50,000,000; issued shares - 11,545,957 at March 31, 2020 and 11,537,163 at December 31, 2019; outstanding shares - 11,525,957 at March 31, 2020 and 11,517,163 at December 31, 2019

11

11

10

10

9

8

8

8

8

8

8

8

8

8

8

8

7

7

7

6

5

5

5

5

5

3

15

14

14

2

14

14

13

13

13

13

13

Additional paid in capital

59,206

58,851

53,515

53,211

42,025

30,446

30,045

29,080

28,608

28,362

28,134

27,917

27,740

27,556

27,339

27,175

-

22,607

22,370

-

-

-

-

-

-

-

1,899

1,436

1,365

-

923

873

306

276

265

253

57

Additional paid in capital

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23,004

-

-

18,741

13,454

13,248

11,375

11,909

12,228

1,855

-

-

-

1,122

-

-

-

-

-

-

-

Accumulated other comprehensive loss

-233

-224

-234

-229

-232

-231

-237

-365

-511

-480

-365

-425

-454

-445

-297

-232

-141

-142

-151

-45

-241

-177

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Accumulated deficit

-30,728

-29,740

-27,011

-24,484

-20,246

-17,352

-15,102

-12,392

-9,925

-7,873

-8,589

-6,907

-5,592

-4,117

-1,929

-705

-9,778

-9,068

-5,149

-3,860

-1,994

-824

0

0

0

17

-336

-308

-426

-386

-431

-525

1,337

1,132

931

587

227

Treasury stock

84

84

84

84

84

84

84

84

84

84

84

84

84

84

84

84

84

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total shareholders' equity

28,171

28,813

26,196

28,424

21,472

12,787

14,630

16,247

18,095

19,932

19,104

20,508

21,618

22,918

25,037

26,162

13,008

13,403

17,075

14,842

11,224

12,252

11,380

11,914

12,233

1,875

1,578

1,142

952

739

506

362

1,658

1,423

1,210

854

297

Total liabilities and shareholders' equity

40,085

38,006

34,509

36,510

38,085

24,007

25,409

26,821

28,643

21,682

21,579

22,684

24,178

25,329

29,370

32,969

20,320

21,242

24,084

21,412

21,205

21,707

19,251

12,409

12,714

2,463

2,029

1,666

1,451

1,271

1,052

875

2,283

2,398

1,855

1,316

869