Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.20.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash $ 5,630 $ 390
Accounts receivable, net of allowance for doubtful accounts of $426 and $487, respectively 10,806 13,178
Unbilled receivables 11,069 7,984
Inventories 548 487
Prepaid and other assets 2,761 2,983
Current assets related to discontinued operations 124 104
Total current assets 30,938 25,126
Property and equipment:    
Buildings and land 20,045 19,967
Equipment 21,463 20,068
Vehicles 457 410
Leasehold improvements 23 23
Office furniture and equipment 1,431 1,418
Construction-in-progress 1,524 1,609
Total property and equipment 44,943 43,495
Less accumulated depreciation (27,501) (26,919)
Net property and equipment 17,442 16,576
Property and equipment related to discontinued operations 81 81
Operating lease right-of-use assets 2,419 2,545
Intangibles and other long term assets:    
Permits 8,850 8,790
Other intangible assets - net 999 1,065
Finite risk sinking fund (restricted cash) 11,390 11,307
Other assets 753 989
Other assets related to discontinued operations 36
Total assets 72,872 66,515
Current liabilities:    
Accounts payable 11,560 9,277
Accrued expenses 5,794 6,118
Disposal/transportation accrual 1,129 1,156
Deferred revenue 3,699 5,456
Accrued closure costs - current 82 84
Current portion of long-term debt 1,730 1,300
Current portion of operating lease liabilities 258 244
Current portion of finance lease liabilities 444 471
Current liabilities related to discontinued operations 928 994
Total current liabilities 25,624 25,100
Accrued closure costs 6,125 5,957
Deferred tax liabilities 595 590
Long-term debt, less current portion 6,547 2,580
Long-term operating lease liabilities, less current portion 2,209 2,342
Long-term finance lease liabilities, less current portion 375 466
Long-term liabilities related to discontinued operations 248 244
Other long-term liabilities 393
Total long-term liabilities 16,492 12,179
Total liabilities 42,116 37,279
Commitments and Contingencies (Note 10)
Stockholders' Equity:    
Preferred Stock, $.001 par value; 2,000,000 shares authorized, no shares issued and outstanding
Common Stock, $.001 par value; 30,000,000 shares authorized; 12,142,771 and 12,123,520 shares issued, respectively; 12,135,129 and 12,115,878 shares outstanding, respectively 12 12
Additional paid-in capital 108,659 108,457
Accumulated deficit (75,891) (77,315)
Accumulated other comprehensive loss (262) (211)
Less Common Stock in treasury, at cost; 7,642 shares (88) (88)
Total Perma-Fix Environmental Services, Inc. stockholders' equity 32,430 30,855
Non-controlling interest (1,674) (1,619)
Total stockholders' equity 30,756 29,236
Total liabilities and stockholders' equity $ 72,872 $ 66,515