Taoping inc. (TAOP)
Balance Sheet / Quarterly
Jun'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11
ASSETS
CURRENT ASSETS
Cash and cash equivalents

-

-

3,752

3,786

6,689

-

-

-

Cash and cash equivalents

3,043

3,260

-

-

-

11,083

10,747

14,019

Restricted cash

-

-

-

868

11,153

10,345

10,347

12,538

Accounts receivable, net

6,923

5,267

3,019

3,180

6,786

22,716

85,958

103,342

Accounts receivable-related parties

7,389

4,872

-

-

-

508

1,212

22

Accounts receivable-related parties

-

-

0

-

-

-

-

-

Bills receivable

-

-

-

-

358

1,097

1,531

247

Advances to suppliers

1,466

1,630

235

2,526

1,174

8,331

6,089

5,020

Inventories, net

596

631

1,477

2,141

3,959

15,655

16,797

22,317

Other current assets

3,491

5,854

7,159

8,113

10,773

10,975

8,801

-

Receivable from sale of discontinued operations

-

-

-

13,272

-

-

-

9,603

Assets held for sale-current

-

-

-

-

13,032

-

-

-

Current assets from discontinued operations

-

-

-

-

30,349

-

-

-

Deferred tax assets

-

-

-

-

-

498

2,297

2,548

Assets held for sale-current

-

-

-

-

-

0

-

-

TOTAL CURRENT ASSETS

22,911

21,518

15,645

33,889

84,276

81,211

143,784

169,661

Assets held for sale-noncurrent

-

-

-

-

20,270

-

-

-

Assets held for sale-noncurrent

-

-

-

-

-

0

-

-

Deposit for purchase of land use rights

-

-

-

14,020

14,799

18,237

19,085

27,564

Property, plant and equipment, net

11,291

11,830

8,674

8,372

8,921

31,531

66,269

91,161

Land use rights, net

-

-

-

-

-

13,222

13,122

1,956

Intangible assets, net

380

808

1,556

2,530

3,494

14,307

14,416

14,380

Goodwill

-

-

-

4,753

12,118

27,719

27,622

53,983

Long-term investments

45

46

43

0

-

2,661

2,580

2,401

Deferred tax assets

-

-

100

460

4,270

347

540

683

Other non-current assets

3,269

3,326

8,267

2,065

0

-

-

-

Non-current assets from discontinued operations

-

-

-

-

31,255

-

-

-

TOTAL ASSETS

37,898

37,530

34,286

66,091

179,405

189,238

287,421

361,792

LIABILITIES AND EQUITY
CURRENT LIABILITIES
Short-term bank loans

7,280

7,817

7,799

15,272

51,823

58,948

50,813

40,983

Accounts payable

8,753

6,844

5,993

6,943

9,440

17,857

20,289

19,013

Bills payable

-

-

-

1,322

23,732

26,549

33,686

27,399

Advances from customers

317

281

1,668

2,651

1,183

4,623

3,754

6,403

Advances from customers-related parties

47

1,008

-

-

-

-

-

-

Amounts due to related parties

71

1,183

0

141

851

900

0

593

Accrued payroll and benefits

319

290

285

396

938

2,845

2,945

3,060

Deposit for assets held for sale

-

-

-

-

13,032

0

-

-

Other payables and accrued expenses

4,242

4,038

3,044

4,570

6,952

12,544

6,907

6,784

Income tax payable

284

1,548

2,589

3,083

3,374

3,720

3,660

3,525

Derivative Liability - Warrants

-

-

3

1,156

0

-

-

-

Current liabilities from discontinued operations

-

-

-

-

28,989

-

-

-

TOTAL CURRENT LIABILITIES

-

-

21,384

35,538

140,319

127,991

122,057

107,764

Long-term bank loans

-

-

-

-

214

312

74

109

Amounts due to related parties

-

-

-

12

13

13

12

12

Deferred tax liabilities

-

-

100

86

66

742

1,263

1,365

Non-current liabilities from discontinued operations

-

-

-

-

213

-

-

-

TOTAL LIABILITIES

21,315

23,013

21,484

35,637

140,827

129,059

123,407

109,252

COMMITMENTS AND CONTINGENCIES

-

-

-

0

0

0

0

0

Ordinary shares, par $0.01; shares issued and outstanding, 2016; 0 shares; 2015: 120,000 shares

-

-

-

360

1,425

2,175

0

-

EQUITY
Ordinary shares, par $0.00; authorized 100,000,000 shares; shares issued and outstanding, June 30, 2018:40,760,163 shares; December 31, 2017: 40,231,159 shares;

124,646

123,950

426

416

335

309

286

286

Treasury stock, 2017: 0 share; 2016:1,402,448 shares

-

-

7,117

7,117

4,290

4,814

1,011

695

Additional paid-in capital

15,454

15,814

145,742

144,000

126,862

115,668

101,261

101,261

Reserve

13,812

13,812

13,812

13,812

14,755

14,629

14,532

14,488

Accumulated deficit

-170,390

-172,395

-173,149

-154,979

-142,910

-113,513

5,804

95,600

Accumulated other comprehensive income

23,754

24,201

23,994

24,551

24,755

25,070

21,811

19,925

Total equity of the Company

7,276

5,383

3,708

20,684

19,508

37,348

142,684

230,866

Non-controlling interest

9,306

9,134

9,094

9,409

17,645

20,655

21,329

21,673

Total Equity

16,583

14,517

12,802

30,094

37,153

58,004

164,013

252,539

TOTAL LIABILITIES AND EQUITY

37,898

37,530

34,286

66,091

179,405

189,238

287,421

361,792