ZYNEX INC ZYXI Balance Sheet

Zynex inc (ZYXI)

Balance Sheet / Yearly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Dec'10
ASSETS
Current assets:
Cash
14,585	14,040	11,934	10,054	9,419	10,128	8,096	6,285	4,366	5,565	2,574	140	462	247	91	29	24	8	41	87	348	63	319	311	189	323	468	445	681	823	843	623	742	789	761	783	602
Accounts receivable
6,549	5,833	4,254	3,540	3,147	2,791	2,898	2,863	2,668	2,185	2,409	2,505	2,902	3,028	3,981	3,237	3,157	2,426	2,776	2,654	2,924	3,189	4,460	4,982	6,284	7,033	8,824	9,775	11,234	12,224	12,252	12,143	11,642	10,984	10,756	9,513	7,309
Inventory, net
3,429	2,378	2,129	1,325	968	837	796	518	710	423	358	178	128	107	96	164	173	305	1,110	1,391	1,640	1,935	2,483	2,583	5,011	5,002	6,131	5,845	6,324	6,160	6,731	6,554	5,580	4,556	4,320	3,751	3,641
Prepaid expenses and other
1,135	315	321	833	738	568	-	-	-	198	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses and other assets
-	-	-	-	-	-	364	579	615	-	211	125	148	40	28	123	20	27	40	130	191	250	37	173	244	346	178	194	256	243	210	202	304	293	146	136	145
Deferred tax assets, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	72	-	-	-	-	-	-	-	-	-	-	-
Deferred tax assets, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	72	72	72	-	1,855	1,855	1,855	1,855	1,489	1,469	1,365	1,384	1,072	917	794
Income tax receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	268	268	219	371	893	893	-	-	-	-	-	-	-	-	-	-	-
Other current assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35	64	35	1,712	1,255	228	57	6	44	22	42	52	63	41
Total current assets
25,698	22,566	18,638	15,752	14,272	14,324	12,154	10,245	8,359	8,371	5,552	2,948	3,640	3,422	4,196	3,553	3,374	2,766	3,967	4,262	5,103	5,705	7,590	8,527	12,757	13,704	19,168	19,369	20,578	21,362	21,531	21,035	19,655	18,048	17,107	15,163	12,532
Property and equipment, net
1,116	858	780	822	791	819	829	778	575	188	338	497	522	580	517	611	704	801	874	996	1,140	1,276	1,833	2,051	3,012	2,891	3,282	3,849	3,519	3,705	3,914	3,684	3,446	3,422	3,490	3,239	2,906
Operating lease asset
4,980	3,831	4,078	4,323	2,900	3,050	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Finance lease asset
200	180	200	9	16	19	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deposits
275	329	317	342	314	314	314	370	375	370	86	55	55	55	55	55	55	55	57	58	58	2	3	11	30	400	573	573	170	171	169	168	168	170	210	201	174
Long term deferred income taxes
985	513	716	-	-	725	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long term deferred income taxes
-	-	-	591	572	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred financing fees, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35	48	60	73	85	98	110	123	135	145	78	91	89
Amortizable intangible assets, net
-	-	-	-	-	-	-	-	-	-	8	21	28	34	44	54	64	74	82	99	115	131	-	-	-	178	-	-	-	-	-	-	-	-	-	-	-
Intangible assets, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	142	154	168	-	64	73	188	349	218	233	233	-	-	-	-
Goodwill
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	212	212	251	251	251	251	251	-	-	-	-
Total assets
33,222	28,277	24,724	21,839	18,865	19,251	13,297	11,393	9,309	8,929	5,984	3,521	4,245	4,091	4,812	4,273	4,197	3,696	4,980	5,415	6,416	7,114	9,568	10,743	16,002	17,221	23,359	24,149	24,791	25,936	26,193	25,494	23,888	21,785	20,885	18,694	15,701
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Line of credit
-	-	-	-	-	-	-	-	-	-	0	0	2,171	2,771	3,027	3,284	3,362	4,002	4,322	4,620	4,538	4,442	4,541	4,876	5,608	5,820	6,291	6,870	6,602	5,906	6,077	5,201	4,385	3,289	3,380	3,204	1,270
Current portion of unsecured subordinated promissory notes
-	-	-	-	-	-	0	0	7	231	393	518	288	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current portion of capital leases
-	-	-	-	-	-	34	64	93	123	118	120	135	118	109	109	109	109	86	83	77	78	82	35	68	92	108	131	151	144	143	139	135	131	128	100	93
Accounts payable and accrued expenses
2,292	2,141	1,945	1,829	1,561	1,552	1,842	1,631	2,112	2,255	2,092	2,447	-	3,244	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease liability - operating leases
1,678	1,211	1,045	965	689	671	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease liability - finance leases
53	45	45	14	14	14	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued expenses
-	-	-	-	-	-	-	-	-	-	-	-	199	-	187	214	186	-	530	572	932	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current portion of contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	4	-	7	-	-	-	-	-	-	-	-	-	-	-
Deferred Rent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	750	364	390	371	352	334	315	296	277	259	221
Accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	2,521	-	3,090	2,947	2,750	2,477	-	-	-	2,544	2,745	3,000	2,905	2,743	2,289	2,108	1,675	2,057	2,453	2,705	2,524	2,189	2,161	1,458	1,313
Accounts payable and income taxes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,487	2,493	2,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	-	-	-	0	0	0	-	528	370	366	89	216	0	14	112	109	1,296	-	0	-	-	-	-	-	-	-	-	-	-	-
Income taxes payable
39	52	132	-	1,321	688	-	-	-	0	-	-	103	-	79	79	79	79	-	-	-	79	78	91	94	96	1,046	891	1,003	1,430	1,308	1,739	1,614	1,567	1,245	911	1,103
Dividends payable
-	-	8	11	11	2,270	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued payroll and related taxes
1,772	1,748	1,344	1,009	857	908	766	692	661	538	905	659	642	732	760	765	614	484	-	-	-	342	654	368	653	607	734	799	934	899	1,301	980	937	702	759	794	572
Deferred insurance reimbursement
-	-	0	0	0	880	880	880	880	880	880	880	880	880	880	880	880	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current portion of contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	-	9	-	-	21	-	-	-	-	-	-	-
Current portion of contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10	21	-	21	21	21	-	-	-	-
Other accrued liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	299	-	-	-	460	137	136	201	319	383	457	524	1,265	1,197	1,376	1,391	1,574	1,699	1,367	980
Total current liabilities
5,834	5,197	4,519	3,828	4,453	6,983	3,522	3,267	3,753	4,027	4,388	4,624	6,939	7,745	8,660	8,648	8,346	7,539	7,641	7,768	8,261	8,057	8,350	9,806	9,536	9,684	11,610	11,630	11,300	12,093	12,852	12,495	11,322	9,748	9,649	8,093	5,552
Long-term liabilities:
Lease liability - operating leases
3,954	3,282	3,659	3,940	2,787	2,967	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease liability - finance leases
126	145	154	4	7	10	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term portion of unsecured subordinated promissory notes
-	-	-	-	-	-	-	-	-	-	-	-	120	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Obligation to issue common stock to private placement noteholders
-	-	-	-	-	-	-	-	-	-	-	466	255	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital leases, less current portion
-	-	-	-	-	-	-	-	-	-	34	73	88	136	165	181	196	216	256	273	298	311	78	121	136	150	121	135	144	114	149	187	223	258	292	274	327
Deferred rent
-	-	-	-	-	-	559	443	329	0	-	-	-	-	-	-	-	-	-	-	-	-	2,845	2,832	2,811	2,454	1,439	1,470	673	785	877	970	1,062	1,156	1,230	1,303	1,452
Deferred tax liabilities, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	72	72	72	72	786	786	786	786	538	511	483	483	250	230	188
Warranty liability
-	-	-	-	-	-	12	12	12	-	12	12	12	12	12	12	12	12	12	13	13	13	12	12	12	13	14	20	20	20	20	20	20	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	51	129	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contingent consideration, less current portion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22	-	-	83	-	-	-	-	-	-	-
Contingent consideration, less current portion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21	87	-	128	120	114	-	-	-	-
Total liabilities
9,914	8,624	8,332	7,772	7,247	9,960	4,144	3,851	4,094	4,027	4,434	5,175	7,414	7,893	8,837	8,841	8,554	7,767	7,909	8,054	8,572	8,381	11,357	12,843	12,567	12,373	13,992	14,062	13,010	13,881	14,564	14,303	13,224	11,645	11,421	9,900	7,519
Commitments and contingencies
-	-	-	-	-	-	0	0	0	-	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stockholders' equity:
Preferred stock, $0.001 par value; 10,000,000 shares authorized; no shares issued and outstanding as of March 31, 2020 and December 31, 2019
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, $0.001 par value; 100,000,000 shares authorized; 34,348,802 issued and 33,177,582 outstanding as of March 31, 2020 and 33,862,885 issued and 32,791,665 outstanding as of December 31, 2019
34	34	34	34	34	34	34	33	33	33	33	32	32	31	31	31	31	31	31	31	31	31	31	31	31	31	31	31	31	31	31	31	31	31	31	31	31
Additional paid-in capital
9,916	9,198	8,884	8,592	8,305	8,157	7,978	7,881	7,761	7,612	7,324	6,322	6,310	6,032	6,018	6,006	5,990	5,832	5,769	5,735	5,717	5,702	5,683	5,641	5,617	5,586	5,551	5,522	5,489	5,453	5,434	5,354	5,300	5,096	5,019	4,940	4,702
Treasury stock 1,071,220 shares, at March 31, 2020 and December 31, 2019, respectively, at cost
3,846	3,846	3,846	3,846	3,846	3,675	3,289	2,211	2,000	243	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retained earnings
17,293	14,356	11,409	9,376	7,214	4,864	4,519	1,928	-490	-2,411	-5,718	-7,919	-9,422	-9,776	-9,985	-10,516	-10,289	-9,845	-8,645	-8,323	-7,830	-6,934	-7,459	-7,718	-2,165	-735	3,808	4,546	6,262	6,566	6,164	5,806	5,333	5,013	4,414	3,823	3,449
Total Zynex, Inc. stockholders' equity
23,397	19,742	16,481	14,156	11,707	9,380	9,242	7,631	5,304	4,991	1,639	-1,565	-3,080	-3,713	-3,936	-4,479	-4,268	-3,982	-2,845	-2,557	-2,082	-1,201	-1,745	-2,046	3,483	4,882	9,390	10,099	11,782	12,050	11,629	11,191	10,664	10,140	9,464	8,794	8,182
Non-controlling interest
-89	-89	-89	-89	-89	-89	-89	-89	-89	-89	-89	-89	-89	-89	-89	-89	-89	-89	-84	-82	-74	-66	-44	-54	-48	-34	-23	-12	-1	5	-	-	-	-	-	-	-
Total stockholders' equity
23,308	19,653	16,392	14,067	11,618	9,291	9,153	7,542	5,215	4,902	1,550	-1,654	-3,169	-3,802	-4,025	-4,568	-4,357	-4,071	-2,929	-2,639	-2,156	-1,267	-1,789	-2,100	3,435	4,848	9,367	10,087	11,781	12,055	-	-	-	10,140	-	-	-
Total liabilities and stockholders' equity
33,222	28,277	24,724	21,839	18,865	19,251	13,297	11,393	9,309	8,929	5,984	3,521	4,245	4,091	4,812	4,273	4,197	3,696	4,980	5,415	6,416	7,114	9,568	10,743	16,002	17,221	23,359	24,149	24,791	25,936	26,193	25,494	23,888	21,785	20,885	18,694	15,701