Boingo wireless, inc. (WIFI)
Balance Sheet / TTM
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 and cash equivalents

145,916

40,401

50,182

27,381

69,016

149,412

12,627

12,948

18,552

26,685

21,634

22,321

18,978

19,485

13,200

9,291

14,651

14,718

8,556

20,518

10,619

8,849

4,030

7,954

13,516

27,338

44,746

48,092

46,648

58,138

57,350

56,026

55,452

93,933

78,854

71,693

25,721

Marketable securities

29,301

40,214

36,594

42,799

36,888

0

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,614

17,261

29,909

37,286

32,962

36,493

39,426

45,224

41,558

37,219

42,195

41,170

0

8,373

9,373

9,373

Restricted cash

-

-

-

-

-

-

549

512

512

-

-

-

-

-

-

-

-

-

-

-

-

-

115

545

545

545

30

30

30

30

465

465

465

465

1,066

1,053

1,001

Accounts receivable, net

37,910

33,350

49,446

73,996

38,434

42,766

30,659

37,444

28,861

26,148

39,102

26,989

28,150

42,978

44,124

48,301

42,736

43,552

50,335

40,465

32,327

27,917

23,913

26,597

18,045

16,326

13,034

13,176

13,413

13,043

12,019

7,887

8,497

7,382

5,892

7,485

7,946

Prepaid expenses and other current assets

8,519

8,235

8,965

9,755

8,823

7,815

9,013

7,200

6,482

6,369

6,722

6,113

5,587

5,344

5,375

4,605

4,053

3,876

4,189

3,749

3,262

3,916

3,667

3,267

2,479

2,566

6,680

7,198

7,015

2,072

2,152

3,153

4,282

1,103

1,552

1,573

1,306

Deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

787

787

787

-

1,192

1,192

1,192

1,192

1,199

1,204

1,204

1,204

2,088

2,366

2,366

2,366

3,572

3,572

1,414

Total current assets

221,646

122,200

145,187

153,931

153,161

199,993

52,848

58,104

54,407

59,202

67,458

55,423

52,715

67,807

62,699

62,197

61,440

62,146

63,867

65,519

46,995

42,296

50,178

69,464

73,063

80,929

102,182

109,126

113,534

116,045

111,293

112,092

112,232

105,249

99,309

94,749

46,761

Property and equipment, net

384,636

380,243

361,876

350,172

329,734

314,179

297,930

278,284

264,629

262,359

261,010

258,744

250,935

250,765

250,311

236,680

224,962

214,500

192,909

152,006

120,760

111,772

106,118

93,515

76,445

67,560

54,605

50,536

49,013

42,411

45,971

43,859

41,916

39,717

39,213

39,253

36,024

Operating lease right-of-use assets, net

14,557

15,196

15,647

16,067

16,478

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

58,579

58,579

58,579

58,890

58,890

59,640

59,566

42,403

42,403

42,403

42,403

42,403

42,403

42,403

42,403

42,403

42,403

42,403

42,403

42,403

42,403

42,403

42,403

42,578

42,431

42,403

33,045

33,045

33,045

26,744

26,744

25,512

25,512

25,512

25,512

25,512

25,512

Intangible assets, net

13,829

14,940

15,739

16,890

18,021

19,152

20,358

8,833

9,531

10,263

11,094

11,951

12,867

13,783

13,445

14,305

15,173

16,055

16,927

17,872

18,777

19,676

20,585

21,549

22,483

23,413

15,522

16,060

16,543

10,594

10,547

9,067

9,289

9,846

9,749

10,020

10,992

Deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,195

1,195

1,195

4,256

4,781

4,083

4,083

4,083

6,697

6,381

7,863

Other assets

9,843

9,309

9,406

10,113

10,784

9,936

7,999

7,771

7,577

10,082

6,580

5,945

6,228

6,223

7,335

5,577

6,616

5,908

4,913

3,811

2,831

2,468

1,398

1,227

1,285

1,210

3,262

3,113

2,835

2,482

4,946

3,905

3,741

4,513

4,952

4,588

4,891

Total assets

703,090

600,467

606,434

606,063

587,068

602,900

438,701

395,395

378,547

384,309

388,545

374,466

365,148

380,981

376,193

361,162

350,594

341,012

321,019

281,611

231,766

218,615

220,682

228,333

215,707

215,515

209,811

213,075

216,165

202,532

204,282

198,518

196,773

188,920

185,432

180,503

132,043

Liabilities and stockholders' equity
Current liabilities:
Accounts payable

31,608

24,298

28,497

21,351

25,829

21,543

28,764

19,757

16,743

11,589

14,614

15,229

10,036

15,516

17,801

14,262

19,923

29,376

33,253

15,467

11,367

4,004

10,856

15,392

8,748

11,642

6,478

5,555

5,132

4,990

5,293

4,920

4,406

4,573

5,830

3,985

4,596

Accrued expenses and other liabilities

54,940

65,152

55,707

61,444

57,765

62,653

54,710

42,205

38,907

42,405

35,660

34,987

25,327

27,723

29,287

30,045

24,151

36,177

42,337

36,836

18,756

26,109

20,083

20,091

17,909

16,529

11,756

13,552

12,777

10,977

10,949

11,284

10,985

12,759

12,017

10,020

13,884

Deferred revenue

66,133

61,229

63,510

61,620

68,351

80,383

78,825

67,446

76,340

61,708

78,575

61,648

55,081

50,869

49,199

40,165

35,379

25,759

19,447

35,365

25,164

25,488

25,478

26,467

22,303

19,292

17,908

21,653

21,824

17,329

17,817

16,281

15,437

13,575

14,122

11,841

10,829

Current portion of operating leases

2,586

2,695

2,911

2,708

2,736

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of long-term debt

972

778

778

778

778

0

15,219

438

656

875

875

875

875

1,094

875

875

875

875

16,094

10,875

875

875

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of finance leases

2,344

2,721

3,057

3,429

3,843

4,201

-

-

-

-

-

-

-

-

2,108

1,751

1,596

-

1,453

1,312

900

309

-

-

-

526

-

-

-

42

42

41

40

205

90

183

420

Current portion of notes payable

1,131

1,527

1,937

2,035

2,204

2,411

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of capital leases and notes payable

-

-

-

-

-

-

6,969

6,852

6,068

5,771

4,349

4,527

4,243

3,993

-

-

-

1,761

1,984

2,325

2,010

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

159,714

158,400

156,397

153,365

161,506

171,191

184,487

136,698

138,714

122,348

134,073

117,266

95,562

99,195

99,270

87,098

81,924

93,948

112,584

99,855

57,062

56,785

56,417

61,950

48,960

47,989

36,142

40,760

39,733

33,338

34,101

32,526

30,868

31,112

32,059

26,029

29,729

Deferred revenue, net of current portion

171,557

166,660

172,601

175,489

149,675

137,205

127,911

135,450

125,174

149,168

138,910

144,538

150,764

152,719

147,525

136,972

127,159

106,825

82,473

52,785

39,021

27,267

27,223

27,646

26,258

21,591

24,903

22,796

26,549

24,123

27,108

26,924

28,203

27,754

25,757

29,560

28,149

Long-term portion of operating leases

16,633

17,357

17,879

18,421

18,915

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt

264,890

162,708

160,568

158,469

156,411

151,670

-

-

-

0

5,219

5,438

10,656

15,875

16,094

21,313

21,531

16,750

1,969

2,188

7,406

2,625

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term portion of finance leases

131

572

1,149

1,790

2,475

3,293

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term portion of notes payable

25

95

218

683

1,148

1,618

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liabilities

1,005

993

1,129

1,129

1,132

1,073

1,006

1,007

1,028

1,004

3,513

3,451

3,386

3,208

3,289

3,221

3,105

2,965

3,717

3,639

3,554

2,645

3,646

3,599

3,369

3,369

-

-

-

-

-

-

-

-

-

-

-

Long-term portion of capital leases and notes payable

-

-

-

-

-

-

6,361

7,936

6,961

6,747

3,560

4,393

4,128

4,612

2,710

2,181

2,320

2,336

-

-

-

381

-

-

-

473

-

-

-

136

140

157

168

197

-

-

-

Other liabilities

182

201

307

1,268

1,268

6,728

7,183

5,763

5,891

6,012

6,500

6,627

6,723

6,826

8,010

8,265

8,105

6,153

5,701

3,806

1,794

1,482

1,153

1,264

1,372

1,660

1,913

1,978

2,096

436

307

464

621

778

936

1,303

2,181

Total liabilities

614,137

506,986

510,248

510,614

492,530

472,778

326,948

286,854

277,768

285,279

291,775

281,713

271,219

282,435

276,898

259,050

244,144

228,977

208,428

164,598

110,847

91,185

88,439

94,459

79,959

75,082

62,958

65,534

68,378

58,033

61,656

60,071

59,860

59,841

58,752

56,892

60,059

Commitments and contingencies (Note 14)

-

-

-

-

-

-

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:
Total convertible preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

122,969

Preferred stock, $0.0001 par value; 5,000 shares authorized; no shares issued and outstanding

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

0

0

0

0

Common stock, $0.0001 par value; 100,000 shares authorized; 44,314 and 44,224 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

3

3

3

3

-

Treasury stock at cost, 1,257 shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,575

4,575

Note receivable from stockholder

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

103

Additional paid-in capital

236,048

234,638

232,286

230,391

228,805

259,132

241,369

238,012

231,879

230,679

227,454

220,261

213,510

211,275

207,818

205,025

201,963

197,612

194,630

193,758

191,388

189,725

187,935

185,643

183,988

182,927

184,417

184,115

183,074

178,219

178,372

176,970

176,898

170,721

168,935

172,125

-

Accumulated deficit

-145,606

-140,973

-135,801

-134,867

-135,083

-129,930

-130,346

-129,824

-131,939

-131,967

-130,948

-127,498

-119,481

-112,601

-108,229

-102,520

-95,254

-85,176

-81,522

-76,703

-70,766

-62,884

-56,360

-52,370

-48,636

-43,363

-38,269

-37,129

-35,668

-34,547

-35,947

-38,724

-40,185

-41,842

-42,434

-44,096

-46,504

Accumulated other comprehensive loss

-2,445

-1,426

-1,543

-1,212

-1,317

-1,295

-1,455

-1,223

-899

-898

-812

-901

-808

-870

-868

-854

-1,032

-1,160

-1,230

-783

-842

-443

-214

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total common stockholders' equity

88,001

92,243

94,946

94,316

92,409

127,911

109,572

106,969

99,045

97,818

95,698

91,866

93,225

97,808

98,725

101,655

105,681

111,280

111,882

116,276

119,784

126,402

131,365

133,277

135,356

139,568

146,152

146,990

147,410

143,676

142,429

138,250

136,716

128,882

126,504

123,457

-51,182

Non-controlling interests

952

1,238

1,240

1,133

2,129

2,211

2,181

1,572

1,734

1,212

1,072

887

704

738

570

457

769

755

709

737

1,135

1,028

878

597

392

865

701

551

377

823

197

197

197

197

176

154

197

Total stockholders' equity

88,953

93,481

96,186

95,449

94,538

130,122

111,753

108,541

100,779

99,030

96,770

92,753

93,929

98,546

99,295

102,112

106,450

112,035

112,591

117,013

120,919

127,430

132,243

133,874

135,748

140,433

146,853

147,541

147,787

144,499

142,626

138,447

136,913

129,079

126,680

123,611

-50,985

Total liabilities and stockholders' equity

703,090

600,467

606,434

606,063

587,068

602,900

438,701

395,395

378,547

384,309

388,545

374,466

365,148

380,981

376,193

361,162

350,594

341,012

321,019

281,611

231,766

218,615

220,682

228,333

215,707

215,515

209,811

213,075

216,165

202,532

204,282

198,518

196,773

188,920

185,432

180,503

132,043