v3.20.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash $ 1,859 $ 390
Accounts receivable, net of allowance for doubtful accounts of $425 and $487, respectively 10,226 13,178
Unbilled receivables 10,188 7,984
Inventories 564 487
Prepaid and other assets 3,881 2,983
Current assets related to discontinued operations 110 104
Total current assets 26,828 25,126
Property and equipment:    
Buildings and land 20,029 19,967
Equipment 20,357 20,068
Vehicles 434 410
Leasehold improvements 23 23
Office furniture and equipment 1,418 1,418
Construction-in-progress 2,169 1,609
Total property and equipment 44,430 43,495
Less accumulated depreciation (27,200) (26,919)
Net property and equipment 17,230 16,576
Property and equipment related to discontinued operations 81 81
Operating lease right-of-use assets 2,482 2,545
Intangibles and other long term assets:    
Permits 8,812 8,790
Other intangible assets - net 1,018 1,065
Finite risk sinking fund (restricted cash) 11,363 11,307
Other assets 774 989
Other assets related to discontinued operations 16 36
Total assets 68,604 66,515
Current liabilities:    
Accounts payable 10,715 9,277
Accrued expenses 5,899 6,118
Disposal/transportation accrual 1,027 1,156
Deferred revenue 5,944 5,456
Accrued closure costs - current 82 84
Current portion of long-term debt 1,614 1,300
Current portion of operating lease liabilities 251 244
Current portion of finance lease liabilities 510 471
Current liabilities related to discontinued operations 952 994
Total current liabilities 26,994 25,100
Accrued closure costs 6,040 5,957
Deferred tax liabilities 593 590
Long-term debt, less current portion 1,595 2,580
Long-term operating lease liabilities, less current portion 2,278 2,342
Long-term finance lease liabilities, less current portion 410 466
Long-term liabilities related to discontinued operations 245 244
Total long-term liabilities 11,161 12,179
Total liabilities 38,155 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; 12,132,291 and 12,123,520 shares issued, respectively; 12,124,649 and 12,115,878 shares outstanding, respectively 12 12
Additional paid-in capital 108,555 108,457
Accumulated deficit (76,095) (77,315)
Accumulated other comprehensive loss (290) (211)
Less Common Stock in treasury, at cost; 7,642 shares (88) (88)
Total Perma-Fix Environmental Services, Inc. stockholders' equity 32,094 30,855
Non-controlling interest (1,645) (1,619)
Total stockholders' equity 30,449 29,236
Total liabilities and stockholders' equity $ 68,604 $ 66,515

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