Zix corp (ZIXI)
Balance Sheet / Yearly
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

16,295

13,349

10,066

11,323

16,691

27,109

23,977

17,696

29,269

33,009

32,760

29,508

23,432

26,457

24,772

20,728

27,089

28,664

24,058

27,974

24,902

21,685

20,262

26,160

22,498

27,518

32,876

26,308

24,208

22,988

23,031

18,787

18,006

20,680

19,738

14,829

24,619

Commercial paper

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,290

2,290

-

Receivables, net

13,037

10,081

10,106

8,970

9,779

3,188

3,222

2,296

1,114

1,389

1,235

993

1,010

1,209

1,155

785

1,140

498

1,243

1,259

1,045

1,452

2,313

2,545

2,402

2,324

2,765

1,775

1,675

967

1,156

672

1,149

704

891

1,084

1,344

Prepaid and other current assets

4,796

4,984

4,705

4,609

5,253

3,176

2,826

2,978

2,668

3,222

3,039

2,845

2,592

2,829

2,451

2,875

2,514

2,908

2,498

2,361

2,122

2,372

1,748

2,117

1,650

2,038

1,755

1,364

1,473

1,697

1,233

1,774

1,365

1,422

1,026

1,462

1,115

Deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,311

1,324

1,331

1,763

1,361

1,335

1,395

1,814

1,654

1,608

1,604

1,600

1,490

1,434

1,445

1,551

950

815

1,056

Total current assets

34,128

28,414

24,877

24,902

31,723

33,473

30,025

22,970

33,051

37,620

37,034

33,346

27,034

30,495

28,378

24,388

30,743

32,070

29,110

32,918

29,400

27,272

25,684

32,157

27,945

33,694

39,050

31,055

28,960

27,252

26,910

22,667

21,965

24,357

24,895

20,480

28,134

Property and equipment, net

8,368

8,591

9,403

9,475

7,000

3,924

4,058

4,212

3,843

4,048

4,175

4,308

3,870

3,976

4,220

4,279

3,754

4,143

4,422

4,595

4,650

4,399

3,823

2,599

2,561

2,608

2,548

2,587

2,264

2,384

2,275

2,191

2,123

2,228

2,196

2,296

2,209

Operating lease assets

9,709

10,128

10,055

10,698

8,932

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

142,993

145,876

149,280

152,586

152,012

15,251

14,640

14,467

6,442

5,524

4,828

4,934

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

170,377

171,209

174,357

173,398

161,003

13,783

13,494

13,494

7,568

8,469

8,420

6,488

10,742

2,161

2,161

2,161

2,161

2,161

2,161

2,161

2,161

2,161

2,161

2,161

2,161

2,161

2,161

2,161

2,161

2,161

2,161

2,161

2,161

2,161

2,161

2,161

2,161

Deferred tax assets

37,423

36,535

30,935

30,793

29,888

28,785

21,371

22,340

23,119

25,647

40,901

41,886

44,919

45,726

47,053

47,767

48,093

48,912

48,175

49,278

49,782

49,892

51,023

51,657

52,122

52,239

50,909

50,985

51,018

51,052

48,785

48,869

48,843

48,806

34,407

34,542

34,304

Deferred costs and other assets

12,302

11,968

11,619

10,581

10,174

9,424

8,647

7,920

7,094

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

44

Total assets

415,300

412,721

410,526

412,433

400,732

104,640

92,235

85,403

81,117

81,308

95,358

90,962

86,565

82,358

81,812

78,595

84,751

87,286

83,868

88,952

85,993

83,724

82,691

88,574

84,789

90,702

94,668

86,788

84,403

82,849

80,131

75,888

75,092

77,552

63,659

59,479

66,852

LIABILITIES, PREFERRED STOCK AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable

14,954

14,400

12,535

11,529

14,118

769

584

1,201

758

1,053

880

730

420

355

244

702

406

370

159

619

492

506

641

704

367

495

409

537

851

501

456

333

205

396

194

480

562

Accrued expenses

11,164

13,732

11,228

14,103

14,477

9,747

8,016

7,742

4,378

6,101

4,563

4,726

5,143

4,365

4,407

4,670

4,146

4,697

3,238

3,070

2,522

2,930

3,069

3,073

2,426

1,992

2,194

2,649

2,455

2,655

2,817

2,301

1,780

1,896

2,295

2,127

2,282

Deferred revenue

42,417

40,757

44,564

43,456

40,966

30,622

29,425

-

-

28,362

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of long-term debt

1,850

1,850

1,850

1,850

1,765

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities, current

2,690

2,947

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finance lease liabilities, current

1,134

1,338

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current liabilities

-

-

3,882

3,953

1,203

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

24,082

26,473

-

28,543

25,738

26,793

25,773

27,347

24,617

24,214

23,182

24,413

21,159

21,102

21,587

21,733

19,308

17,880

19,080

19,546

17,317

17,427

17,470

19,193

17,599

17,023

16,568

17,346

16,102

15,331

License subscription note payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

118

137

Total current liabilities

74,209

75,024

74,059

74,891

72,529

41,138

38,025

33,025

31,609

35,516

33,986

31,194

32,356

30,493

31,998

29,989

28,766

28,249

27,810

24,848

24,116

25,023

25,443

23,085

20,673

21,567

22,149

20,503

20,733

20,626

22,466

20,233

19,008

18,860

19,835

18,827

18,312

Long-term liabilities:
Deferred revenue

1,994

2,524

1,090

1,414

1,304

1,539

2,392

-

-

1,087

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

3,966

1,402

-

1,912

1,606

1,619

1,448

1,558

1,435

1,317

839

978

1,107

1,153

898

959

1,061

1,102

1,278

1,346

957

1,005

902

690

1,002

547

795

745

952

1,439

License subscription note payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

49

Deferred rent

-

-

-

-

-

1,016

1,054

1,095

1,140

1,185

1,230

1,270

1,308

1,347

1,395

1,427

1,397

1,426

1,454

1,479

1,506

1,533

1,561

1,582

1,602

1,623

1,643

81

59

76

93

110

125

140

155

159

165

Noncurrent lease liabilities

-

-

9,904

10,575

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncurrent operating lease liabilities

8,197

8,389

-

-

8,880

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncurrent finance lease liabilities

515

716

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt

184,107

178,250

176,407

176,563

166,901

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total long-term liabilities

194,813

189,879

187,401

188,552

177,085

2,555

3,446

5,061

2,542

2,272

3,142

2,876

2,927

2,795

2,953

2,862

2,714

2,265

2,432

2,586

2,659

2,431

2,520

2,643

2,704

2,901

2,989

1,038

1,064

978

783

1,112

672

935

900

1,111

1,653

Total liabilities

269,022

264,903

261,460

263,443

249,614

43,693

41,471

38,086

34,151

37,788

37,128

34,070

35,283

33,288

34,951

32,851

31,480

30,514

30,242

27,434

26,775

27,454

27,963

25,728

23,377

24,468

25,138

21,541

21,797

21,604

23,249

21,345

19,680

19,795

20,735

19,938

19,965

Commitments and contingencies (see Note 11)

-

-

-

-

-

-

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

Preferred stock:
Convertible preferred stock

108,756

106,527

104,437

102,347

98,976

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders’ equity:
Preferred stock, $1 par value, 10,000,000 shares authorized; none 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

Common stock, $0.01 par value, 175,000,000 shares authorized; 84,953,964 issued and 56,962,705 outstanding in 2020 and 83,393,514 issued and 55,640,397 outstanding in 2019

781

780

780

779

779

779

779

778

778

778

778

778

769

769

768

768

768

767

755

752

745

741

739

737

737

737

736

731

730

728

728

728

727

726

710

706

695

Additional paid-in capital

393,710

391,605

390,016

388,313

386,205

384,940

383,990

382,962

382,084

381,457

380,598

379,784

375,276

374,386

374,088

373,532

372,811

372,400

367,064

366,043

363,532

361,579

360,943

360,133

359,676

359,154

358,531

357,308

356,539

355,747

355,375

354,979

354,490

354,265

348,416

347,520

344,981

Treasury stock, at cost; 27,991,259 common shares in 2020 and 27,753,117 common shares in 2019

112,083

110,298

110,273

110,206

109,732

108,392

108,385

-

-

102,343

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Treasury stock, at cost; 27,521,046 common shares in 2018 and 26,167,358 common shares in 2017

-

-

-

-

-

-

-

108,347

105,980

-

99,650

98,269

98,223

97,770

97,742

96,533

87,726

82,243

79,243

68,400

67,067

66,882

66,882

56,789

56,789

50,386

41,626

41,506

41,506

41,506

41,506

41,506

37,504

32,506

26,507

26,419

11,507

Accumulated deficit

-244,180

-240,995

-235,826

-232,139

-225,062

-216,364

-225,620

-228,076

-229,916

-236,372

-223,496

-225,401

-226,540

-228,315

-230,253

-232,023

-232,582

-234,152

-234,950

-236,877

-237,992

-239,168

-240,072

-241,235

-242,212

-243,271

-248,111

-251,286

-253,157

-253,724

-257,715

-259,658

-262,301

-264,728

-279,695

-282,266

-287,282

Accumulated other comprehensive income (loss)

-706

199

-68

-104

-48

-16

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total stockholders’ equity

37,522

41,291

44,629

46,643

52,142

60,947

50,764

47,317

46,966

43,520

58,230

56,892

51,282

49,070

46,861

45,744

53,271

56,772

53,626

61,518

59,218

56,270

54,728

62,846

61,412

66,234

69,530

65,247

62,606

61,245

56,882

54,543

55,412

57,757

42,924

39,541

46,887

Total liabilities, preferred stock and stockholders’ equity

415,300

412,721

410,526

412,433

400,732

104,640

92,235

85,403

81,117

81,308

95,358

90,962

86,565

82,358

81,812

78,595

84,751

87,286

83,868

88,952

85,993

83,724

82,691

88,574

84,789

90,702

94,668

86,788

84,403

82,849

80,131

75,888

75,092

77,552

63,659

59,479

66,852

Series A Convertible Preferred Stock [Member]
Convertible preferred stock

108,756

106,527

104,437

102,347

64,644

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Series B Convertible Preferred Stock [Member]
Convertible preferred stock

-

-

-

-

34,332

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-