Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Current Period Unaudited)

v3.5.0.2
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash $ 145 $ 1,435
Restricted cash 99
Accounts receivable, net of allowance for doubtful accounts of $252 and $1,474, respectively 9,824 9,673
Unbilled receivables - current 3,337 4,569
Inventories 332 377
Prepaid and other assets 3,009 3,929
Current assets related to discontinued operations 86 34
Total current assets 16,733 20,116
Property and equipment:    
Buildings and land 22,545 20,209
Equipment 33,296 35,191
Vehicles 413 422
Leasehold improvements 11,626 11,626
Office furniture and equipment 1,755 1,755
Construction-in-progress 565 497
70,200 69,700
Less accumulated depreciation (52,276) (49,707)
Net property and equipment 17,924 19,993
Property and equipment related to discontinued operations 81 531
Intangibles and other long term assets:    
Permits 8,488 16,761
Other intangible assets - net 1,798 2,066
Accounts receivable - non-current 324
Unbilled receivables – non-current 131 707
Finite risk sinking fund 21,456 21,380
Other assets 1,232 1,359
Other assets related to discontinued operations 286
Total assets 68,453 82,913
Current liabilities:    
Accounts payable 4,789 6,109
Accrued expenses 4,987 4,341
Disposal/transportation accrual 1,354 1,107
Deferred revenue 2,459 2,631
Current portion of long-term debt 1,194 1,481
Current portion of long-term debt - related party 950
Current liabilities related to discontinued operations 477 531
Total current liabilities 15,260 17,150
Accrued closure costs 7,547 5,301
Other long-term liabilities 915 867
Deferred tax liabilities 2,329 5,424
Long-term debt, less current portion 9,425 7,405
Long-term liabilities related to discontinued operations 986 1,064
Total long-term liabilities 21,202 20,061
Total liabilities 36,462 37,211
Commitments and Contingencies (Note 8)
Series B Preferred Stock of subsidiary, $1.00 par value; 1,467,396 shares authorized, 1,284,730 shares issued and outstanding, liquidation value $1.00 per share plus accrued and unpaid dividends of $915 and $867, respectively 1,285 1,285
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; 11,664,404 and 11,551,232 shares issued, respectively; 11,656,762 and 11,543,590 shares outstanding, respectively 11 11
Additional paid-in capital 105,959 105,556
Accumulated deficit (74,438) (60,808)
Accumulated other comprehensive loss (129) (117)
Less Common Stock in treasury, at cost; 7,642 shares (88) (88)
Total Perma-Fix Environmental Services, Inc. stockholders' equity 31,315 44,554
Non-controlling interest in subsidiary (609) (137)
Total stockholders' equity 30,706 44,417
Total liabilities and stockholders' equity $ 68,453 $ 82,913