v3.19.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash $ 384 $ 810
Accounts receivable, net of allowance for doubtful accounts of $142 and $105, respectively 7,747 7,735
Unbilled receivables - current 6,158 3,105
Inventories 452 449
Prepaid and other assets 2,166 2,552
Finite risk sinking fund (restricted cash) - current 5,000
Current assets related to discontinued operations 98 107
Total current assets 22,005 14,758
Property and equipment:    
Buildings and land 19,782 19,782
Equipment 19,306 19,157
Vehicles 412 369
Leasehold improvements 23 23
Office furniture and equipment 1,556 1,551
Construction-in-progress 1,469 1,389
Total property and equipment 42,548 42,271
Less accumulated depreciation (26,982) (26,532)
Net property and equipment 15,566 15,739
Property and equipment related to discontinued operations 81 81
Operating lease right-of-use assets 2,667
Intangibles and other long term assets:    
Permits 8,706 8,443
Other intangible assets - net 1,167 1,278
Finite risk sinking fund (restricted cash) 11,159 15,971
Other assets 1,224 1,054
Other assets related to discontinued operations 78 118
Total assets 62,653 57,442
Current liabilities:    
Accounts payable 9,640 5,497
Accrued expenses 4,583 5,014
Disposal/transportation accrual 1,953 1,542
Deferred revenue 4,785 6,595
Accrued closure costs - current 156 1,142
Current portion of long-term debt 362 1,184
Current portion of long-term debt - related party 219
Current portion of operating lease liabilities 231
Current portion of finance lease liabilities 245 181
Current liabilities related to discontinued operations 311 356
Total current liabilities 22,485 21,511
Accrued closure costs 5,797 5,608
Other long-term liabilities 278 255
Deferred tax liabilities 593 586
Long-term debt, less current portion 1,659 2,118
Long-term debt, less current portion - related party 1,935
Long-term operating lease liabilities, less current portion 2,468
Long-term finance lease liabilities, less current portion 212 268
Long-term liabilities related to discontinued operations 967 963
Total long-term liabilities 13,909 9,798
Total liabilities 36,394 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; 12,062,081 and 11,944,215 shares issued, respectively; 12,054,439 and 11,936,573 shares outstanding, respectively 12 12
Additional paid-in capital 108,110 107,548
Accumulated deficit (80,013) (79,630)
Accumulated other comprehensive loss (206) (214)
Less Common Stock in treasury, at cost; 7,642 shares (88) (88)
Total Perma-Fix Environmental Services, Inc. stockholders' equity 27,815 27,628
Non-controlling interest (1,556) (1,495)
Total stockholders' equity 26,259 26,133
Total liabilities and stockholders' equity $ 62,653 $ 57,442

Source