Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheet

v3.21.2
Consolidated Balance Sheet - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash $ 7,222 $ 7,924
Accounts receivable, net of allowance for doubtful accounts of $60 and $404, respectively 11,816 9,659
Unbilled receivables 5,696 14,453
Inventories 543 610
Prepaid and other assets 4,132 3,967
Current assets related to discontinued operations 18 22
Total current assets 29,427 36,635
Property and equipment:    
Buildings and land 20,622 20,139
Equipment 22,104 22,090
Vehicles 454 457
Leasehold improvements 23 23
Office furniture and equipment 1,423 1,413
Construction-in-progress 2,643 1,569
Total property and equipment 47,269 45,691
Less accumulated depreciation (28,906) (27,908)
Net property and equipment 18,363 17,783
Property and equipment related to discontinued operations 81 81
Operating lease right-of-use assets 2,570 2,287
Intangibles and other long term assets:    
Permits 9,270 8,922
Other intangible assets - net 935 875
Finite risk sinking fund (restricted cash) 11,469 11,446
Deferred tax assets 2,460
Other assets 829 890
Total assets 75,404 78,919
Current liabilities:    
Accounts payable 9,717 15,382
Accrued expenses 6,654 6,381
Disposal/transportation accrual 1,028 1,220
Deferred revenue 3,435 4,614
Accrued closure costs - current 74 75
Current portion of long-term debt 396 3,595
Current portion of operating lease liabilities 387 273
Current portion of finance lease liabilities 257 525
Current liabilities related to discontinued operations 332 898
Total current liabilities 22,280 32,963
Accrued closure costs 7,026 6,290
Deferred tax liabilities 471
Long-term debt, less current portion 702 3,134
Long-term operating lease liabilities, less current portion 2,134 2,070
Long-term finance lease liabilities, less current portion 776 662
Other long-term liabilities 626 626
Long-term liabilities related to discontinued operations 802 252
Total long-term liabilities 12,066 13,505
Total liabilities 34,346 46,468
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; 12,304,265 and 12,161,539 shares issued, respectively; 12,296,623 (1) and 12,153,897 shares outstanding, respectively [1] 12 12
Additional paid-in capital 109,954 108,931
Common Stock subscriptions 4,387
Accumulated deficit (71,153) (74,455)
Accumulated other comprehensive loss (189) (207)
Less Common Stock in treasury, at cost; 7,642 shares (88) (88)
Total Perma-Fix Environmental Services, Inc. stockholders’ equity 42,923 34,193
Non-controlling interest (1,865) (1,742)
Total stockholders’ equity 41,058 32,451
Total liabilities and stockholders’ equity $ 75,404 $ 78,919
[1] See Note 15