Silversun technologies, inc. (SSNT)
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'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Current assets:
Cash

6,481

8,658

10,721

527

653

1,900

1,808

1,154

1,807

2,235

1,664

1,539

1,360

1,621

1,710

671

673

1,193

1,139

2,062

2,384

1,308

1,449

938

1,106

762

938

57

261

4

101

176

99

233

587

476

104

Escrow accounts receivable

575

1,150

1,150

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable, net of allowance of $375,000

2,947

2,529

2,692

3,215

2,950

1,900

2,086

2,858

3,024

2,336

3,050

2,544

2,266

2,501

2,586

2,878

2,576

2,477

2,345

1,995

2,304

2,097

1,924

1,785

1,584

1,574

1,173

1,238

1,191

1,509

1,667

1,289

1,164

881

1,050

730

489

Unbilled services

455

183

403

659

403

166

583

565

706

428

749

489

707

463

879

511

678

741

941

846

518

230

488

-

-

90

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

382

455

383

415

490

433

311

380

344

403

558

441

335

331

285

322

306

443

422

284

207

195

132

595

264

69

-

-

-

131

-

-

-

-

-

-

-

Current assets held for sale

-

-

0

-

-

484

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax assets - current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

355

38

38

38

38

38

38

38

40

40

40

40

-

-

-

0

-

-

-

-

-

-

-

Inventories

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15

15

15

Prepaid expenses and other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

214

200

156

-

153

65

39

115

234

260

189

Total current assets

10,841

12,976

15,351

4,817

4,497

4,885

4,788

4,959

5,883

5,403

6,022

5,014

4,669

4,917

5,817

4,422

4,273

4,893

4,886

5,227

5,452

3,869

4,034

3,360

2,996

2,537

2,326

1,496

1,608

1,645

1,922

1,531

1,304

1,229

1,887

1,482

798

Property and equipment, net

675

712

752

842

616

688

729

753

512

567

490

553

475

466

516

526

516

425

378

305

281

295

179

207

213

241

255

276

263

250

175

165

166

137

155

135

156

Operating lease right-of-use assets

1,488

698

770

842

843

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

2,515

2,607

2,703

4,092

4,191

2,916

4,316

4,357

2,743

2,640

2,607

2,522

2,444

2,431

2,365

2,430

2,500

2,571

2,008

910

990

809

860

927

638

687

737

786

836

884

941

893

126

95

-

-

-

Goodwill

891

891

891

885

885

885

401

401

401

401

401

401

401

401

401

401

401

401

56

56

56

56

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Deferred tax assets

1,137

874

-

-

-

1,292

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax assets

-

-

1,218

1,268

1,268

-

1,286

1,335

1,342

1,363

2,059

2,232

2,294

2,414

2,059

513

152

162

-

-

-

0

29

35

55

80

-

-

-

0

-

-

-

-

-

-

-

Deferred tax asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

171

181

190

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deposits and other assets

192

192

41

42

41

39

40

40

36

36

33

33

42

28

29

31

29

29

27

26

28

26

26

25

22

22

22

23

22

21

37

36

48

57

70

63

65

Other assets held for sale

-

-

0

-

-

1,037

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total assets

17,741

18,953

21,728

12,791

12,342

11,744

11,563

11,847

10,918

10,412

11,614

10,757

10,327

10,659

11,189

8,324

7,874

8,483

7,528

6,706

7,000

5,056

5,129

4,556

3,926

3,569

3,341

2,582

2,729

2,802

3,077

2,627

1,644

1,521

2,114

1,681

1,021

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Bank line of credit

-

-

-

0

0

-

0

0

0

0

0

0

0

0

0

0

0

-

-

-

-

-

-

0

0

-

0

0

0

178

403

579

-

0

-

-

-

Accounts payable

1,800

2,210

2,179

1,702

2,056

2,028

1,876

1,646

2,289

2,094

1,965

1,462

1,526

1,822

2,217

1,589

1,644

1,594

1,292

1,135

1,512

1,393

-

-

-

1,159

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses

1,062

1,189

1,218

1,080

764

1,422

1,136

948

912

1,071

892

853

684

823

859

743

702

821

508

570

690

794

-

-

-

676

-

-

-

-

-

-

-

-

-

-

-

Accrued dividend

0

2,250

-

-

-

225

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,234

1,937

1,909

-

1,780

1,372

1,735

1,953

1,641

1,177

1,176

1,260

1,029

1,018

1,096

Accrued interest

15

15

15

14

14

14

14

16

14

16

16

15

15

15

14

16

16

14

14

14

14

14

14

12

13

13

13

12

13

12

12

12

10

7

16

15

660

Income taxes payable

325

152

1,768

23

23

20

64

44

100

97

225

183

182

177

162

578

301

250

272

307

291

76

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Contingent consideration – current portion

-

-

0

0

8

22

37

35

54

63

93

115

180

180

35

91

125

128

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Due to related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2

2

2

-

-

-

5

5

5

5

6

3

2

1,293

Promissory notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

450

500

-

Note payable to related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

20

20

20

20

20

20

20

20

20

20

20

40

45

45

Long term debt – current portion

100

131

438

457

467

154

435

458

194

257

281

292

308

306

305

303

301

300

241

135

186

174

218

242

175

175

175

-

-

0

-

-

-

-

-

-

-

Long term convertible debt – current portion

278

277

-

-

-

271

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Derivative liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,177

Convertible promissory note  related party, net of discount of $-0- and $4,250

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7

7

7

46

34

21

-

Finance lease obligations – current portion

149

162

167

172

82

87

102

117

77

94

84

93

87

94

111

104

86

90

79

72

58

65

46

50

58

53

48

108

93

88

74

63

55

64

73

44

55

Operating lease liabilities – current portion

443

262

268

275

262

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Convertible note payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

200

200

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15

15

1,319

Deferred revenue

3,066

2,006

1,977

2,843

2,480

1,386

2,053

2,763

2,673

2,150

2,194

2,123

1,757

1,690

1,701

1,782

2,087

2,369

2,542

2,606

2,471

2,215

2,092

2,078

1,885

1,715

1,743

1,668

1,534

1,357

1,484

1,516

1,209

1,015

1,236

809

486

Current liabilities held for sale

-

-

0

-

-

599

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

7,243

8,659

8,033

6,568

6,160

6,233

5,720

6,029

6,316

5,845

5,753

5,141

4,742

5,110

5,607

5,411

5,266

5,569

4,951

4,843

5,224

4,733

4,606

4,344

4,064

3,816

3,780

-

-

3,616

-

-

-

-

-

-

-

Contingent consideration, related party - net of current portion

-

-

-

-

-

-

-

35

26

42

62

59

23

31

241

241

241

272

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long term debt net of current portion

49

64

865

960

1,075

73

1,174

1,267

179

228

282

347

408

486

563

640

717

793

746

311

343

242

260

296

62

104

145

-

-

0

-

-

-

-

-

-

-

Long term convertible debt net of current portion

647

717

-

-

-

994

-

-

-

-

-

-

-

-

0

0

200

200

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finance lease obligations net of current portion

150

180

216

256

88

108

127

151

57

68

40

58

40

60

82

94

71

92

77

82

54

66

24

33

29

48

46

-

-

0

-

-

-

-

-

-

-

Operating lease liabilities net of current portion

1,044

436

502

567

580

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

9,135

10,058

9,618

8,354

7,905

7,410

7,023

7,484

6,579

6,185

6,137

5,606

5,216

5,688

6,495

6,387

6,496

6,927

5,775

5,237

5,622

5,043

4,891

4,674

4,156

3,969

3,972

3,181

3,395

3,616

3,648

3,382

2,484

2,420

2,897

2,472

6,133

Commitments and contingencies

-

-

-

-

-

-

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’ equity:
Preferred stock, value

-

-

-

-

-

-

-

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Common stock, value

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Additional paid-in capital

9,533

9,530

11,777

11,774

11,770

11,763

11,985

11,979

11,973

11,919

12,090

12,082

12,163

12,176

11,962

11,957

11,945

12,198

12,186

11,919

11,872

11,030

11,017

10,909

10,858

10,809

10,803

10,753

-

10,716

10,653

10,571

10,153

9,326

9,347

9,326

7,845

Accumulated deficit

-927

-635

332

-7,336

-7,333

-7,429

-7,445

-7,616

-7,633

-7,692

-6,613

-6,931

-7,051

-7,205

-7,269

-10,020

-10,567

-10,642

-10,434

-10,450

-10,495

-11,016

-10,780

-11,028

-11,088

-11,209

-11,436

-11,354

-

-11,531

-11,236

-11,338

-11,004

-10,296

-10,207

-10,182

-12,913

Total SilverSun stockholders' deficit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-570

-755

-839

-946

-836

-832

-5,067

Non-controlling interest in SWK Technologies, Inc.

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

47

52

42

-45

Balance

8,605

8,894

12,109

4,437

4,436

4,334

4,540

4,362

4,339

4,227

5,476

5,150

5,111

4,970

4,693

1,936

1,377

1,556

1,752

1,468

1,377

13

238

-117

-229

-399

-631

-599

-666

-814

-570

-755

-839

-899

-783

-790

-5,112

Total liabilities and stockholders’ equity

17,741

18,953

21,728

12,791

12,342

11,744

11,563

11,847

10,918

10,412

11,614

10,757

10,327

10,659

11,189

8,324

7,874

8,483

7,528

6,706

7,000

5,056

5,129

4,556

3,926

3,569

3,341

2,582

2,729

2,802

3,077

2,627

1,644

1,521

2,114

1,681

1,021

Series A Preferred Stock [Member]
Preferred stock, value

0

0

0

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Series B Preferred Stock [Member]
Preferred stock, value

-

-

-

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-