v3.19.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash $ 345 $ 810
Accounts receivable, net of allowance for doubtful accounts of $136 and $105, respectively 7,341 7,735
Unbilled receivables - current 3,316 3,105
Inventories 362 449
Prepaid and other assets 2,765 2,552
Current assets related to discontinued operations 99 107
Total current assets 14,228 14,758
Property and equipment:    
Buildings and land 19,782 19,782
Equipment 19,267 19,157
Vehicles 369 369
Leasehold improvements 23 23
Office furniture and equipment 1,554 1,551
Construction-in-progress 1,449 1,389
Total property and equipment 42,444 42,271
Less accumulated depreciation (26,728) (26,532)
Net property and equipment 15,716 15,739
Property and equipment related to discontinued operations 81 81
Operating lease right-of-use assets 2,550
Intangibles and other long term assets:    
Permits 8,632 8,443
Other intangible assets - net 1,223 1,278
Finite risk sinking fund (restricted cash) 16,052 15,971
Other assets 1,154 1,054
Other assets related to discontinued operations 98 118
Total assets 59,734 57,442
Current liabilities:    
Accounts payable 7,206 5,497
Accrued expenses 5,001 5,014
Disposal/transportation accrual 1,920 1,542
Deferred revenue 5,443 6,595
Accrued closure costs - current 281 1,142
Current portion of long-term debt 1,184 1,184
Current portion of operating lease liabilities 199
Current portion of finance lease liabilities 239 181
Current liabilities related to discontinued operations 322 356
Total current liabilities 21,795 21,511
Accrued closure costs 5,720 5,608
Other long-term liabilities 260 255
Deferred tax liabilities 604 586
Long-term debt, less current portion 2,187 2,118
Long-term operating lease liabilities, less current portion 2,377
Long-term finance lease liabilities, less current portion 276 268
Long-term liabilities related to discontinued operations 964 963
Total long-term liabilities 12,388 9,798
Total liabilities 34,183 31,309
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; 11,969,179 and 11,944,215 shares issued, respectively; 11,961,537 and 11,936,573 shares outstanding, respectively 12 12
Additional paid-in capital 107,656 107,548
Accumulated deficit (80,302) (79,630)
Accumulated other comprehensive loss (202) (214)
Less Common Stock in treasury, at cost; 7,642 shares (88) (88)
Total Perma-Fix Environmental Services, Inc. stockholders' equity 27,076 27,628
Non-controlling interest (1,525) (1,495)
Total stockholders' equity 25,551 26,133
Total liabilities and stockholders' equity $ 59,734 $ 57,442

Source