Jim Fanucchi and Satya Chillara
Darrow Associates, Inc.
ir@genasys.com
| Genasys Inc. | |||||
| Condensed Consolidated Balance Sheets | |||||
| (000's omitted) | |||||
| June 30, | |||||
| 2020 | September 30, | ||||
| (unaudited) | 2019 | ||||
| ASSETS | |||||
| Current assets: | |||||
| Cash and cash equivalents | $ | 20,668 | $ | 18,819 | |
| Short-term marketable securities | 4,054 | 3,695 | |||
| Restricted cash | 271 | 263 | |||
| Accounts receivable, net | 6,378 | 3,644 | |||
| Inventories, net | 7,334 | 5,835 | |||
| Prepaid expenses and other | 1,053 | 1,782 | |||
| Total current assets | 39,758 | 34,038 | |||
| Long-term marketable securities | 3,337 | 1,385 | |||
| Long-term restricted cash | 395 | 435 | |||
| Deferred tax assets, net | 4,645 | 5,387 | |||
| Property and equipment, net | 1,985 | 2,269 | |||
| Goodwill | 2,371 | 2,306 | |||
| Intangible assets, net | 981 | 1,176 | |||
| Operating lease right of use asset | 5,428 | - | |||
| Prepaid expenses and other - noncurrent | 124 | 124 | |||
| Total assets | $ | 59,024 | $ | 47,120 | |
| LIABILITIES AND STOCKHOLDERS' EQUITY | |||||
| Current liabilities: | |||||
| Accounts payable | $ | 2,907 | $ | 860 | |
| Accrued liabilities | 8,883 | 8,134 | |||
| Notes payable, current portion | 288 | 280 | |||
| Operating lease liabilities, current portion | 752 | - | |||
| Total current liabilities | 12,830 | 9,274 | |||
| Notes payable, less current portion | 17 | 33 | |||
| Other liabilities, noncurrent | 384 | 2,432 | |||
| Operating lease liabilities, noncurrent | 6,586 | - | |||
| Total liabilities | 19,817 | 11,739 | |||
| Total stockholders' equity | 39,207 | 35,381 | |||
| Total liabilities and stockholders' equity | $ | 59,024 | $ | 47,120 | |
