Pareteum corp (TEUM)
Balance Sheet / Quarterly
Jun'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 and cash equivalents

3,377

10,699

6,051

18,434

19,205

15,758

13,537

699

741

1,409

931

977

237

406

369

858

1,232

994

1,904

1,176

829

3,918

1,252

6,085

2,979

570

1,233

4,344

4,051

3,118

6,009

10,845

4,652

2,245

Financing receivable

-

-

-

-

-

-

-

-

-

-

-

0

0

0

272

0

0

0

2,000

-

-

-

0

-

-

-

-

-

0

6,484

-

-

-

-

Restricted cash

1,104

704

430

429

229

229

199

698

699

669

564

751

247

249

246

383

304

416

312

169

191

192

191

495

483

664

1,230

1,789

2,613

1,963

190

192

192

190

Accounts receivable, net of an allowance for doubtful accounts of $1,307,071 at June 30, 2019 and $1,021,179 at December 31, 2018, respectively

45,061

28,644

15,361

7,200

3,852

1,954

2,058

335

249

616

614

633

739

1,125

1,112

2,812

3,720

13,562

8,877

5,847

6,924

5,033

5,094

3,194

2,865

4,502

5,123

4,378

5,676

8,146

6,441

6,714

7,299

5,600

Notes receivable, current

1,024

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

3,385

3,633

2,083

943

1,174

1,153

900

797

680

1,162

1,084

1,102

1,100

1,877

2,016

1,677

1,549

1,888

2,478

2,319

2,619

2,147

2,254

2,531

2,194

2,342

1,821

1,662

1,809

2,251

1,522

1,436

4,948

2,337

Total current assets

53,953

43,682

23,927

27,007

24,461

19,096

16,696

2,530

2,371

3,857

3,194

3,464

2,324

3,659

4,016

5,731

6,807

16,861

15,572

9,512

10,565

11,291

8,792

12,307

8,522

8,080

9,409

12,174

14,150

21,964

14,164

19,189

17,093

10,374

NON-CURRENT ASSETS
OTHER ASSETS

956

575

45

39

89

93

91

79

80

130

129

1,174

399

373

473

1,096

1,105

1,326

917

1,093

1,288

1,357

1,412

1,382

621

898

1,038

1,844

1,878

1,828

1,392

-

-

-

RIGHT OF USE LEASE ASSETS

2,493

3,136

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NOTES RECEIVABLE, NON-CURRENT

2,819

3,763

1,082

587

595

601

594

594

1,021

1,019

1,012

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Due from related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,042

1,002

460

-

-

-

-

LONG TERM DEPOSITS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

675

697

610

PROPERTY AND EQUIPMENT, NET

4,896

5,184

4,553

3,944

4,680

4,176

4,713

7,077

7,735

8,093

8,708

10,625

11,959

12,973

13,051

17,445

17,528

17,796

17,351

19,603

20,711

19,954

19,786

18,663

17,065

12,674

13,088

13,395

13,103

13,967

13,315

13,134

13,882

8,452

LONG TERM INVESTMENT

-

-

-

3,230

3,230

3,230

3,230

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

INTANGIBLE ASSETS, NET

60,262

60,706

39,658

-

-

-

0

-

353

-

-

0

162

210

258

3,275

3,756

4,111

704

6,000

7,122

7,903

8,670

9,412

9,966

9,495

10,503

10,971

11,434

12,763

12,784

14,544

16,053

16,253

ASSETS HELD FOR SALE

-

-

-

-

-

-

-

-

-

-

-

0

4,577

4,695

4,564

-

-

-

6,339

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

GOODWILL

121,486

119,898

91,773

-

-

-

0

-

-

-

-

0

3,079

3,144

3,027

3,115

3,076

3,012

3,352

3,490

3,740

3,769

3,773

3,707

3,381

3,330

3,436

3,132

3,062

3,252

3,154

3,316

3,515

3,230

TOTAL ASSETS

246,868

236,946

161,041

34,809

33,056

27,198

25,326

10,282

11,562

13,101

13,045

15,264

22,503

25,056

25,392

30,664

32,275

43,109

44,238

39,701

43,429

44,276

42,435

45,474

39,557

34,479

37,475

42,560

44,630

54,237

44,812

50,860

51,241

38,921

LIABILITIES AND EQUITY
Liabilities
CURRENT LIABILITIES
Overdraft

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

433

425

413

402

391

380

369

359

350

340

330

321

312

302

353

356

Accounts payable and customer deposits

28,183

25,079

10,337

2,795

2,568

2,286

1,978

2,590

2,782

2,679

2,316

3,374

3,185

3,177

2,639

1,923

3,783

2,331

1,856

2,063

2,305

2,419

2,586

4,905

4,809

5,738

5,139

5,641

4,475

7,329

4,490

3,686

6,940

4,703

Net billings in excess of revenues

1,330

1,615

927

-

-

-

242

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Obligations under capital leases (current portion)

-

-

-

-

-

-

-

0

0

0

10

37

95

185

310

493

706

1,757

1,831

1,828

1,898

1,348

1,302

-

-

-

0

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

180

-

589

1,007

1,307

-

1,971

2,649

12,891

8,813

595

632

671

271

428

482

281

252

101

140

337

132

417

407

-

Net billings in excess of revenues

-

-

-

122

258

316

-

433

562

872

951

-

-

-

1,259

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses and other payables

14,036

12,566

7,952

3,891

3,697

4,841

5,250

4,699

4,967

5,589

6,013

5,943

5,232

4,374

5,031

2,630

3,022

3,054

4,061

5,804

6,592

5,936

4,961

5,816

6,566

4,149

4,120

4,211

3,758

4,296

3,035

3,278

5,075

3,843

Promissory note

671

516

681

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease liabilities, current

1,776

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9% Unsecured subordinate convertible promissory note (net of debt discount and debt issuance costs)

0

0

106

90

134

118

66

559

-

-

0

327

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Senior Secured Loan - Short Term (Principal repayments coming 12 months)

-

-

-

-

-

-

-

2,000

1,750

3,250

4,000

-

-

-

5,580

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Advance Purchase Payment on "Assets held for Sale"

-

-

-

-

-

-

-

-

-

-

-

-

700

700

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8% Convertible Notes (current portion)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,701

3,067

1,631

363

56

0

-

-

-

Loans payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

962

961

963

962

962

962

962

961

963

962

962

961

960

957

877

877

2014 10% + libor 3rd Party Loan (net of Debt Discount and Debt Issuance)

-

-

-

-

-

-

-

-

-

-

-

5,854

5,453

5,629

-

5,839

0

-

10,518

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2014 10% + libor 3rd Party Loan (net of OID of $798,894 at December, 2014)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,266

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

10% Related Party Loan (net of Debt Discount of $1,719,585 at December 31, 2013)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,812

1,033

267

975

-

0

-

-

-

-

-

-

-

Total current liabilities

45,999

39,778

20,005

6,900

6,659

7,562

7,537

10,283

10,063

12,571

13,292

16,127

15,674

15,374

14,821

12,839

10,161

31,302

28,475

11,678

12,806

13,553

11,510

12,760

14,166

16,192

13,892

12,888

10,030

13,302

8,931

8,642

13,653

9,781

LONG TERM LIABILITIES
Senior secured debt, net

22,077

21,806

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease liabilities, non-current

1,013

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease liabilities

-

3,141

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2014 10% + libor 3rd Party Loan (net of OID of $660,467 at September 30, 2015)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,740

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Derivative liabilities

-

-

-

0

0

1,911

1,597

471

0

0

4,265

3,337

1,831

1,972

945

-

-

1,841

2,087

2,248

2,144

2,183

1,973

4,116

5,291

-

0

-

-

-

-

-

-

-

Conversion feature

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

451

311

851

1,469

2,695

0

-

-

-

Non-current portion of obligation under capital leases

-

-

-

-

-

-

-

-

-

-

-

0

0

0

5

37

95

176

272

261

487

465

845

-

-

-

0

-

-

-

-

-

-

-

Other long term liabilities

63

80

212

94

118

137

151

166

177

180

192

221

234

255

260

283

294

302

354

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Unsecured convertible promissory note (net of debt discount and debt issuance)

-

-

-

0

622

600

617

89

75

61

821

903

1,155

968

238

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liabilities

7,712

8,190

8,415

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Senior Secured Loan - Long Term (net of Debt Discount, Debt Issuance and Principal repayments coming 12 months)

-

-

-

-

-

-

-

4,150

5,038

3,494

3,715

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-current portion of net billings in excess of revenues

-

-

-

-

-

-

-

0

97

30

121

-

-

-

1,066

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-current portion of deferred revenue

-

-

-

-

-

-

-

-

-

-

-

1,081

1,072

1,093

-

1,111

541

1,873

2,434

7,788

4,542

2,774

2,364

1,888

1,243

356

-

-

-

-

-

-

-

-

Trade note payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

165

175

271

392

-

-

Related party loan

342

342

341

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

626

614

602

590

578

567

555

544

534

523

513

503

493

468

Total long term liabilities

31,210

33,561

8,970

94

740

2,649

2,366

4,878

5,388

3,766

9,116

5,542

4,293

4,289

2,517

1,432

2,672

4,193

5,149

14,962

15,454

10,915

10,565

11,667

7,983

2,459

3,433

5,294

7,272

8,648

785

895

493

468

Loans Payable, Noncurrent

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,663

4,940

4,876

4,779

4,477

-

-

0

-

-

-

-

-

-

-

8% Convertible Notes, net of current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,083

2,565

3,897

5,104

5,254

0

-

-

-

Total liabilities

77,209

73,340

28,976

6,995

7,399

10,211

9,904

15,161

15,451

16,338

22,409

21,669

19,967

19,663

17,338

14,291

12,833

35,495

33,625

26,640

28,261

24,469

22,075

24,427

22,149

18,651

17,326

18,182

17,303

21,950

9,717

9,537

14,146

10,250

Commitments and Contingencies (See Notes)

-

-

-

0

0

0

-

-

-

0

0

0

0

0

0

-

0

0

0

-

0

0

0

0

-

-

0

-

-

-

0

-

-

-

EQUITY
Preferred Stock $0.00001 par value, 50,000,000 shares authorized, none issued and outstanding as of June 30, 2019 and December 31, 2018, respectively

0

0

0

-

-

-

0

0

384

384

2,143

1,360

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

-

-

-

-

Common Stock $0.00001 par value, 500,000,000 shares authorized, 111,652,349 issued and outstanding as of June 30, 2019 and 97,852,911 shares issued and outstanding as of December 31, 2018, respectively

494,803

488,670

450,990

341,157

331,959

324,866

321,271

292,242

290,540

289,865

280,653

273,407

271,096

270,784

269,470

268,147

266,995

265,198

264,359

260,616

255,328

253,383

248,712

243,294

236,377

225,902

223,965

222,260

220,331

218,511

216,188

214,247

200,414

183,825

Accumulated other comprehensive loss

-6,224

-6,660

-6,300

-6,303

-6,281

-6,202

-6,306

-5,095

-5,097

-5,113

-5,086

-5,368

-5,794

-5,448

-5,789

-4,395

-4,330

-4,839

-3,127

-2,003

121

267

269

-242

-1,266

-1,493

-732

-1,458

-2,052

-273

-1,143

412

2,738

-519

Accumulated deficit

-318,919

-318,403

-312,625

-307,041

-300,020

-301,677

-299,543

-292,025

-289,716

-288,373

-287,080

-275,810

-262,772

-259,949

-255,635

-247,388

-243,232

-252,754

-250,629

-245,685

-240,425

-233,989

-228,767

-222,183

-217,877

-208,754

-203,260

-196,599

-191,124

-186,133

-180,128

-173,524

-166,253

-154,818

Total equity

169,658

163,605

132,064

-

-

-

15,421

-4,878

-3,888

-3,237

-9,370

-6,411

2,529

5,386

8,044

16,363

19,432

7,604

10,603

12,926

15,024

19,662

20,214

20,867

17,233

15,654

19,973

24,202

27,153

32,104

34,917

41,136

36,899

28,488

NON-CONTROLLING INTEREST

-

0

-

-

-

-

0

0

0

0

6

6

6

7

8

9

9

8

9

134

143

144

144

179

173

173

175

175

173

181

177

186

195

183

Total stockholders' equity

-

163,605

-

27,813

25,657

16,986

15,421

-4,878

-3,888

-3,237

-9,364

-6,405

2,535

5,393

8,053

16,372

19,441

7,613

10,612

13,060

15,168

19,807

20,359

21,046

17,407

15,827

20,149

24,378

27,327

32,286

35,095

41,322

37,095

28,671

TOTAL LIABILITIES AND EQUITY

246,868

236,946

161,041

34,809

33,056

27,198

25,326

10,282

11,562

13,101

13,045

15,264

22,503

25,056

25,392

30,664

32,275

43,109

44,238

39,701

43,429

44,276

42,435

45,474

39,557

34,479

37,475

42,560

44,630

54,237

44,812

50,860

51,241

38,921