Tmsr holding co ltd (TMSR)
Balance Sheet / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15
ASSETS
CURRENT ASSETS
Cash and cash equivalents

2,483

1,421

1,336

608

89

889

4,104

8,763

461

2

74

73

150

210

379

439

623

764

4

Notes receivable

43

824

884

386

-

336

155

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable, net

2,197

6,584

6,793

5,282

3,083

11,093

15,125

17,672

14,512

-

-

-

-

-

-

-

-

-

-

Accounts receivable - related party, net

-

-

-

-

-

1,065

1,324

-

-

-

-

-

-

-

-

-

-

-

-

Other receivables, net

52

87

465

274

216

475

402

55

52

-

-

-

-

-

-

-

-

-

-

Other receivable - related party

-

-

-

26

-

2

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventories

1,197

1,419

1,338

2,024

1,367

5,614

2,363

4,885

9,243

-

-

-

-

-

-

-

-

-

-

Prepayments

4,069

3,058

2,564

2,384

1,644

31,989

31,603

24,998

19,863

22

40

15

15

29

30

183

188

-

-

Discontinued operations - current assets

1,543

-

-

-

3,259

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13

-

Total current assets

11,586

13,395

13,384

10,987

9,659

51,466

55,078

56,375

44,134

25

114

89

165

240

409

622

811

777

-

PLANT AND EQUIPMENT, NET

19

5,285

5,592

5,820

27

6,060

6,401

2,227

2,188

-

-

-

-

-

-

-

-

-

-

RIGHT-OF-USE ASSETS

90

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

OTHER ASSETS
Goodwill

7,289

13,821

14,365

14,694

7,392

6,955

7,214

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax assets

-

-

-

-

-

-

-

803

-

-

-

-

-

-

-

-

-

-

-

Other assets

-

234

266

294

97

-

-

2,053

-

-

-

-

-

-

-

-

-

-

-

Deferred tax assets

37

250

214

180

118

620

582

-

980

-

-

-

-

-

-

-

-

-

-

Discontinued operations - non-current assets

3,424

-

-

-

15,557

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

-

2,555

2,688

2,782

-

2,868

3,053

1,176

1,203

-

-

-

-

-

-

-

-

-

-

Total other assets

10,751

4

4

120

23,165

11

12

73

61

-

-

-

-

-

-

-

-

-

-

Total other assets

-

16,632

17,273

17,778

-

10,456

10,862

-

2,245

-

-

-

-

-

-

-

-

-

-

Trust account (See Note 7)

-

-

-

-

-

-

-

-

-

40,434

50,058

50,164

50,109

50,076

50,059

50,042

50,023

-

-

Trust account

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

50,007

-

Deferred offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

160

Total assets

22,447

35,548

36,515

34,881

32,852

67,983

72,342

60,656

48,567

40,460

50,173

50,253

50,275

50,316

50,469

50,664

50,834

50,785

165

LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES
Short term loans - bank

-

-

509

521

508

2,183

2,265

-

2,305

-

-

-

-

-

-

-

-

-

-

Short term loans - bank

-

-

-

-

-

-

-

2,388

-

-

-

-

-

-

-

-

-

-

-

Third party loan

-

-

-

-

144

144

144

144

145

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

205

386

547

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

344

2,467

2,132

2,989

821

368

262

179

221

92

7

7

19

0

30

18

27

3

-

Other payables and accrued liabilities

4,121

2,152

2,283

3,013

1,794

1,516

1,618

-

237

-

-

-

-

-

-

-

-

-

-

Other payables - related parties

1,336

4,269

4,369

5,237

2,752

4,803

5,809

-

1,154

-

-

-

-

-

-

-

-

-

-

Customer deposits

146

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease liabilities - current

61

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other payables and accrued liabilities

-

-

-

-

-

-

-

527

-

-

-

-

-

-

-

-

-

-

-

Other payables - related parties

-

-

-

-

-

-

-

1,747

-

-

-

-

-

-

-

-

-

-

-

Customer deposits

-

2,951

2,843

2,860

-

1,926

1,160

496

1,624

-

-

-

-

-

-

-

-

-

-

Lease liabilities - current

-

126

128

127

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Taxes payable

0

580

432

94

12

16,604

17,961

17,892

15,561

-

-

-

-

-

-

-

-

-

-

Discontinued operations - current liabilities

10,174

-

-

-

7,309

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses

-

-

-

-

-

-

-

-

-

214

103

82

82

61

120

39

43

9

4

Due to affiliates

-

-

-

-

-

-

-

-

-

140

140

140

140

140

140

140

140

140

142

Total current liabilities

16,184

12,548

12,699

14,843

13,343

27,754

29,608

23,925

21,250

446

252

230

243

202

291

198

211

153

146

OTHER LIABILITIES
Lease liabilities - non-current

61

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations - non-current liabilities

239

-

-

-

145

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Third party loan - noncurrent

-

140

145

148

-

145

151

20

-

-

-

-

-

-

-

-

-

-

-

Lease liabilities - noncurrent

-

181

188

193

-

-

-

107

-

-

-

-

-

-

-

-

-

-

-

Deferred rent liabilities

-

-

-

-

-

108

97

86

67

-

-

-

-

-

-

-

-

-

-

Total other liabilities

300

321

334

342

145

254

248

-

67

-

-

-

-

-

-

-

-

-

-

Total liabilities

16,485

12,870

13,034

15,186

13,489

28,008

29,857

24,032

21,317

-

-

-

-

-

-

-

-

-

-

Common stock subject to possible redemption: 3,036,888 and 4,000,000 shares (at a redemption value of approximately $10 per share) at September 30, 2017 and December 31, 2016, respectively (See Note 3)

-

-

-

-

-

-

-

-

-

30,368

40,000

40,000

40,000

-

-

-

-

-

-

Common stock subject to possible redemption: 4,000,000 shares (at a redemption value of approximately $10 per share) at December 31, 2016 and 2015, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

40,000

40,000

40,000

40,000

40,000

-

COMMITMENTS AND CONTINGENCIES

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

-

-

SHAREHOLDERS' EQUITY
Preferred stock, $0.0001 par value, 20,000,000 shares authorized, no shares issued and outstanding as of December 31, 2019 and 2018, respectively

-

-

-

-

-

0

0

-

-

0

0

0

0

0

0

0

0

0

0

Common stock, $0.0001 par value, 200,000,000 shares authorized, 20,821,661 and 19,895,935 shares issued and outstanding as of December 31, 2019 and 2018, respectively

2

2

2

2

1

2

2

1

1

0

0

0

0

0

0

0

0

0

0

Additional paid-in capital

8,350

8,350

8,350

5,366

4,814

22,878

24,178

18,046

10,591

10,807

10,807

10,807

10,807

10,807

10,792

10,857

10,857

10,662

24

Statutory reserves

-

-

-

-

-

2,259

2,262

2,261

2,137

-

-

-

-

-

-

-

-

-

-

(Accumulated deficit) retained earnings

-1,558

16,030

15,896

14,536

15,267

16,706

16,461

14,617

13,817

-1,163

-887

-785

-775

-693

-615

-390

-234

-30

-5

Accumulated other comprehensive (loss) income

-832

-1,705

-768

-209

-720

-1,870

-419

1,697

701

-

-

-

-

-

-

-

-

-

-

Total shareholders' equity

5,961

22,678

23,481

19,695

19,363

39,975

42,485

36,624

27,249

9,644

9,920

10,022

10,032

10,114

10,177

10,466

10,623

10,632

-

Total liabilities and shareholders' equity

22,447

35,548

36,515

34,881

32,852

67,983

72,342

60,656

48,567

40,460

50,173

50,253

50,275

50,316

50,469

50,664

50,834

50,785

165