ENSV · As filed with the SEC
Enservco balance sheet, by fiscal year
The statement as Enservco presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Consolidated Balance Sheets · USD thousands
| USD thousands | FY2023 Dec 31, 2023 | FY2022 Dec 31, 2022 | FY2021 Dec 31, 2021 | FY2020 Dec 31, 2020 | FY2019 Dec 31, 2019 | FY2018 Dec 31, 2018 | FY2017 Dec 31, 2017 | FY2016 Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|
| Current Assets: | ||||||||
| Cash and cash equivalents | 201 | 35 | 149 | 1,467 | 663 | 257 | 391 | 620.76 |
| Accounts receivable, net | 4,190 | 4,463 | 2,845 | 1,733 | 6,424 | 10,729 | 11,761 | 4,814.28 |
| Prepaid expenses and other current assets | 1,047 | 989 | 2,185 | 858 | 1,016 | 1,081 | 868 | 970.80 |
| Inventories | 209 | 320 | 346 | 295 | 398 | 514 | 576 | 407.38 |
| Income tax receivable, current | — | — | — | — | 43,000 | 85,000 | 57,000 | 223,847 |
| Note receivable | 75 | 75 | — | — | — | — | — | — |
| Assets held for sale | 0 | 78 | 68 | 527 | — | — | — | — |
| Current assets of discontinued operations | — | — | — | — | 187,000 | 864,000 | — | — |
| Total Current Assets | 5,722 | 5,960 | 5,593 | 4,880 | 8,731 | 13,530 | 13,653 | 7,037.07 |
| Property and equipment, net | 6,923 | 11,236 | 16,173 | 20,317 | 26,620 | 33,057 | 29,417 | 34,617.96 |
| Goodwill and intangible assets, net | — | — | — | — | — | 1,580,000 | — | — |
| Income tax receivable, non-current | — | — | — | — | — | 28,000 | 57,000 | — |
| Goodwill | 0 | 546 | 546 | 546 | 546 | — | — | — |
| Intangible assets, net | 0 | 182 | 399 | 617 | 828 | — | — | — |
| Income tax receivable, non-current | — | — | — | — | 14,000 | — | — | — |
| Note receivable, less current portion | 144 | 225 | — | — | — | — | — | — |
| Right-of-use asset - finance, net | 9 | 22 | 41 | 129 | 569 | — | — | — |
| Right-of-use asset - operating, net | 891 | 1,476 | 2,060 | 2,918 | 3,793 | — | — | — |
| Other assets | 183 | 191 | 336 | 423 | 445 | 649 | 1,123 | 714.97 |
| Non-current assets of discontinued operations | — | — | 0 | 353 | 1,430 | 177 | — | — |
| Total Assets | 13,872 | 19,838 | 25,148 | 30,183 | 42,976 | 49,021 | 44,250 | 42,370.00 |
| Current Liabilities: | ||||||||
| Accounts Payable and Accrued Liabilities, Current | 4,285 | 4,868 | 2,857 | 1,931 | 4,470 | 3,391 | 5,465 | 3,682.60 |
| Senior revolving credit facility, related party | — | 0 | 8,698 | 1,593 | 33,994 | 33,882 | 27,066 | — |
| Subordinated Debt, Current | — | 0 | 211 | — | — | — | — | — |
| Current portion of long-term debt | 0 | 54 | 58 | 100 | 147 | — | — | — |
| Current liabilities of discontinued operations | — | — | 0 | 31 | 72 | 44 | — | — |
| Utica | 1,595 | 1,250 | — | — | — | — | — | — |
| L S Q | 2,472 | 2,945 | — | — | — | — | — | — |
| March 2022 Convertible Note | — | 100 | — | — | — | — | — | — |
| July 2022 Convertible Note | — | 60 | — | — | — | — | — | — |
| Notes payable, current | — | — | — | — | — | 3,868 | — | — |
| Current portion of long-term debt | — | — | — | — | — | 149,000 | 182,000 | 318,499 |
| March 2022 Convertible Note - Related Party | 0 | — | — | — | — | — | — | — |
| July 2022 Convertible Note - Related Party | 0 | — | — | — | — | — | — | — |
| November 2022 Convertible Note - Related Party | 1,027 | — | — | — | — | — | — | — |
| Lease liability - finance | 10 | 13 | 20 | 65 | 207 | — | — | — |
| Lease liability - operating | 441 | 597 | 688 | 854 | 848 | — | — | — |
| Other current liabilities | 198 | 354 | — | — | — | — | — | — |
| Total Current Liabilities | 10,028 | 10,241 | 12,532 | 4,574 | 39,738 | 7,452 | 5,647 | 4,001.10 |
| Senior revolving credit facility | — | — | — | — | — | — | — | 23,180,514 |
| Long-term debt, less current portion | — | — | — | — | — | — | — | 304,373 |
| Senior revolving credit facility, related party | — | 0 | 5,404 | 17,485 | — | — | — | — |
| Subordinated debt, related party (Note 2 and Note 5) | — | — | 0 | 1,180 | 2,381 | 1,832 | 2,229 | — |
| Long-term debt, less current portion | — | 0 | 54 | 2,052 | 198 | 312 | 252 | — |
| Deferred income taxes, net | — | — | — | — | — | — | — | 468,565 |
| Utica | 1,690 | 3,963 | — | — | — | — | — | — |
| March 2022 Convertible Note | — | 1,100 | — | — | — | — | — | — |
| July 2022 Convertible Note | — | 1,140 | — | — | — | — | — | — |
| November 2022 Convertible Note | — | 818 | — | — | — | — | — | — |
| Utica | — | 110 | — | — | — | — | — | — |
| March 2022 Convertible Note - Related Party | 0 | — | — | — | — | — | — | — |
| July 2022 Convertible Note - Related Party | 0 | — | — | — | — | — | — | — |
| November 2022 Convertible Note - Related Party | 0 | — | — | — | — | — | — | — |
| September and October 2023 Convertible Note - Related Party | 1,656 | — | — | — | — | — | — | — |
| Utica | 256 | — | — | — | — | — | — | — |
| Lease liability - finance, less current portion | 6 | 11 | 23 | 55 | 259 | — | — | — |
| Lease liability - operating, less current portion | 528 | 991 | 1,496 | 2,185 | 3,009 | — | — | — |
| Deferred tax liabilities | 222 | 273 | 273 | — | — | — | — | — |
| Other liabilities | — | 22 | 24 | 88 | 33 | — | 831 | — |
| Long-term liabilities of discontinued operations | — | — | 0 | 9 | 34 | — | — | — |
| Total non-current liabilities | — | 8,428 | 7,274 | 23,054 | 5,914 | 36,967 | 30,378 | 23,953.45 |
| Other non-current liabilities | 58 | — | — | — | — | 941 | — | — |
| Total Liabilities | 14,444 | 18,669 | 19,806 | 27,628 | 45,652 | 44,419 | 36,025 | 27,954.55 |
| Stockholders’ Equity (Deficit): | ||||||||
| Preferred stock, $0.005 par value, 10,000,000 shares authorized, no shares issued or outstanding | 0 | 0 | 0 | — | — | 0 | 0 | — |
| Common stock, $0.005 par value, 100,000,000 shares authorized; 26,592,637 and 11,835,753 shares issued as of December 31, 2023 and 2022, respectively; 6,907 shares of treasury stock as of December 31, 2023 and 2022; and 26,585,730 and 11,828,846 shares outstanding as of December 31, 2023 and 2022, respectively | 131 | 59 | 57 | 32 | 278 | 271 | 255 | 255.34 |
| Additional paid-in-capital | 48,970 | 42,266 | 40,866 | 30,052 | 22,066 | 21,797 | 19,571 | 18,867.70 |
| Accumulated deficit | (49,673) | (41,156) | (35,581) | (27,529) | (25,020) | (17,466) | (11,601) | (4,707.59) |
| Total Stockholders’ Equity (Deficit) | (572) | 1,169 | 5,342 | 2,555 | (2,676) | 4,602 | 8,225 | 14,415.45 |
| Total Liabilities and Stockholders’ Equity (Deficit) | 13,872 | 19,838 | 25,148 | 30,183 | 42,976 | 49,021 | 44,250 | 42,370.00 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.