Viewray, inc. (VRAY)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15May'15Feb'15Dec'14Nov'14Aug'14May'14Nov'13
ASSETS
Current assets:
Cash and cash equivalents

190,208

226,783

90,756

122,053

145,797

167,432

201,543

66,143

78,916

57,389

34,413

53,927

49,301

14,198

14,607

9,429

5,729

20,667

32,064

2

3

11,129

7

9

0

3

Accounts receivable

21,490

16,817

33,301

35,475

27,432

36,867

22,677

13,563

26,171

20,326

1,042

1,820

3,272

4,200

300

1,710

-

830

1

-

-

904

-

-

-

-

Inventory

55,031

55,031

59,622

57,963

65,140

49,462

40,547

28,570

30,441

19,375

18,453

15,358

10,216

8,082

10,398

11,193

11,916

8,073

9,649

2

2

8,238

2

2

2

2

Deposits on purchased inventory

4,235

6,457

4,883

5,792

7,642

8,142

5,565

7,542

10,001

7,043

6,115

5,516

4,473

2,522

4,913

2,877

3,552

3,936

5,021

-

-

2,798

-

-

-

-

Deferred cost of revenue

3,554

3,466

3,056

5,591

4,342

9,736

10,909

15,683

4,110

13,696

10,390

11,163

6,250

3,909

10,220

7,545

3,895

8,782

4,303

-

-

4,712

-

-

-

-

Prepaid expenses and other current assets

5,849

3,310

4,672

5,153

9,060

6,045

6,174

5,259

4,374

4,862

5,091

5,117

4,698

3,023

2,209

1,783

1,371

1,329

1,290

-

-

626

-

-

-

-

Total current assets

280,367

311,864

196,290

232,027

259,413

277,684

287,415

136,760

154,013

122,691

75,504

92,901

78,210

35,934

42,647

34,537

26,463

43,617

52,328

4

6

28,407

10

12

3

5

Property and equipment, net

23,570

23,399

23,437

21,975

15,279

13,958

13,452

13,587

12,955

11,564

11,318

11,388

11,353

11,560

11,908

12,238

11,413

7,306

5,296

-

-

2,931

-

-

-

-

Restricted cash

1,860

1,404

1,442

1,442

1,382

1,933

1,381

1,181

1,143

1,143

1,143

1,143

1,143

1,143

1,143

943

943

943

553

-

-

1,053

-

-

-

-

Intangible assets, net

54

55

57

-

-

0

0

68

73

78

82

87

92

97

102

120

154

200

139

-

-

264

-

-

-

-

Right-of-use assets

11,175

11,720

12,254

12,780

12,055

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,419

-

-

-

-

Other assets

1,717

1,577

2,255

1,717

1,496

1,395

1,185

917

441

235

86

32

30

30

31

31

92

91

61

-

-

31

-

-

-

-

TOTAL ASSETS

318,743

350,019

235,735

269,941

289,625

294,970

303,433

152,513

168,625

135,711

88,133

105,551

90,828

48,764

55,831

47,869

39,065

52,157

58,377

4

6

34,105

10

12

3

5

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable

7,232

13,739

11,648

19,241

17,891

10,207

6,964

7,574

13,443

11,014

6,799

6,486

5,561

4,980

1,679

5,957

6,655

4,358

1,625

0

-

6,937

0

-

-

-

Accrued liabilities

16,310

21,390

18,835

18,910

16,207

9,983

13,880

7,650

7,897

7,207

9,040

7,486

6,322

6,334

5,618

5,154

5,109

5,413

5,014

-

-

3,633

-

-

-

-

Customer deposits

16,307

9,662

10,746

9,559

14,905

19,968

12,243

10,280

9,620

17,820

20,920

25,900

21,400

19,400

14,300

11,950

9,390

12,763

11,412

-

-

6,100

-

-

-

-

Operating lease liability, current

2,332

2,264

2,139

1,979

1,284

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of long-term debt

6,222

1,556

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,493

-

-

-

-

Deferred revenue, current

9,861

10,457

9,644

8,232

10,287

13,731

11,315

15,540

9,670

20,151

10,873

13,787

10,291

6,515

12,006

8,644

5,889

5,616

5,249

-

-

7,361

-

-

-

-

Notes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

240

-

-

-

-

Loan from related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7

-

-

7

-

-

-

Advances from director

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7

-

-

7

6

2

Total current liabilities

58,264

59,068

53,012

57,921

60,574

53,889

44,402

41,044

40,630

56,192

47,632

53,659

43,574

37,229

33,603

31,705

27,043

28,150

23,300

7

7

29,764

7

7

6

2

Deferred revenue, net of current portion

3,193

3,553

4,516

4,913

5,507

5,744

5,206

4,393

3,343

3,238

3,215

3,582

3,623

3,918

3,656

302

429

345

374

-

-

0

-

-

-

-

Convertible preferred stock warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

138

-

-

-

-

Long-term debt

49,375

53,995

55,489

55,445

55,402

55,364

44,649

44,599

44,551

44,504

44,458

44,412

44,368

44,290

44,213

44,135

29,091

29,016

27,543

-

-

9,149

-

-

-

-

Warrant liabilities

2,504

5,373

3,194

16,675

14,872

11,844

21,962

15,411

14,238

22,420

12,835

15,128

21,327

2,723

4,372

-

-

-

-

-

-

-

-

-

-

-

Operating lease liability, noncurrent

9,865

10,479

11,067

11,639

11,491

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

1,528

1,377

562

431

303

820

9,854

9,100

8,199

7,370

6,568

5,757

4,973

4,257

3,496

2,812

2,263

1,603

650

-

-

567

-

-

-

-

TOTAL LIABILITIES

124,729

133,845

127,840

147,024

148,149

127,661

126,073

114,547

110,961

133,724

114,708

122,538

117,865

92,417

89,340

78,954

58,826

59,114

51,867

7

7

39,618

7

7

6

2

Commitments and contingencies (Note 6)

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

0

-

-

-

Preferred stock, par value $0.01 per share; 10,000,000 shares authorized at June 30, 2016 (unaudited) and December 31, 2015; no shares issued and outstanding at June 30, 2016 (unaudited) and December 31, 2015

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

145,110

-

-

-

-

Stockholders’ equity:
Preferred stock, par value of $0.01 per share; 10,000,000 shares authorized at March 31, 2020 and December 31, 2019; no shares issued and outstanding at March 31, 2020 and December 31, 2019

0

0

0

0

0

0

0

0

30

0

0

0

0

0

0

-

-

0

-

-

-

-

-

-

-

-

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest
Common stock, par value of $0.01 per share; 300,000,000 shares authorized at March 31, 2020 and December 31, 2019; 147,396,985 and 147,191,695 shares issued and outstanding at March 31, 2020 and December 31, 2019

1,464

1,462

984

973

959

952

941

741

710

666

581

579

551

426

424

374

372

372

372

4

4

9

4

4

3

3

Additional paid-in capital

739,258

733,888

590,878

585,080

572,855

565,334

558,656

386,610

384,319

321,174

268,051

266,425

248,050

203,598

202,737

191,065

190,276

189,712

189,073

23

23

1,414

23

23

-

-

Accumulated deficit

-546,708

-519,176

-483,967

-463,136

-432,338

-398,977

-382,237

-349,385

-327,395

-319,853

-295,207

-283,991

-275,638

-247,677

-236,670

-222,524

-210,409

-197,041

-182,935

-30

-29

-152,046

-24

-23

-6

-0

TOTAL STOCKHOLDERS’ EQUITY

194,014

216,174

107,895

122,917

141,476

167,309

177,360

37,966

57,664

1,987

-26,575

-16,987

-27,037

-43,653

-33,509

-31,085

-19,761

-6,957

6,510

-2

-

-150,623

3

-

-

-

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0

-

-

4

-2

3

Common Stock, Shares Authorized

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

75,000

-

-

75,000

75,000

75,000

Common Stock, Shares Issued

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,343

-

-

4,343

3,500

3,500

Common Stock, Shares Outstanding

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,343

-

-

4,343

3,500

3,500

TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY

318,743

350,019

235,735

269,941

289,625

294,970

303,433

152,513

168,625

135,711

88,133

105,551

90,828

48,764

55,831

47,869

39,065

52,157

58,377

4

6

34,105

10

12

3

5