ENSV · As filed with the SEC
Enservco balance sheet, by quarter
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.
Condensed Consolidated Balance Sheets (Current Period Unaudited) · USD thousands
| USD thousands | Q3 2024 Sep 30, 2024 | Q2 2024 Jun 30, 2024 | Q1 2024 Mar 31, 2024 | Q4 2023 Dec 31, 2023 | Q3 2023 Sep 30, 2023 | Q2 2023 Jun 30, 2023 | Q1 2023 Mar 31, 2023 | Q4 2022 Dec 31, 2022 |
|---|---|---|---|---|---|---|---|---|
| Current Assets: | ||||||||
| Cash and Cash Equivalents, at Carrying Value | 172 | 332 | 474 | 201 | 300 | 431 | 1,771 | 35 |
| Accounts receivable, net | 2,718 | 1,518 | 4,248 | 4,190 | 1,363 | 1,312 | 4,221 | 4,463 |
| Prepaid expenses and other current assets | 1,923 | 2,124 | 870 | 1,047 | 1,664 | 1,997 | 508 | 989 |
| Inventories | 162 | 211 | 219 | 209 | 237 | 347 | 322 | 320 |
| Note receivable | — | 75 | 75 | 75 | 75 | 75 | 75 | 75 |
| Marketable securities | 2,375 | — | — | — | — | — | — | — |
| Current assets of discontinued operations | 548 | 3,878 | — | 0 | 1,314 | 78 | 78 | 78 |
| Total Current Assets | 7,898 | 8,138 | 5,886 | 5,722 | 4,953 | 4,240 | 6,975 | 5,960 |
| Property and equipment, net | 3,045 | 2,087 | 6,235 | 6,923 | 7,652 | 9,185 | 10,349 | 11,236 |
| Intangible assets, net | 2,415 | 92 | 67 | 0 | 18 | 73 | 127 | 182 |
| Goodwill | 902 | — | — | 0 | 546 | 546 | 546 | 546 |
| Right-of-use asset - finance, net | 730 | 3 | 6 | 9 | 12 | 15 | 19 | 22 |
| Right-of-use asset - operating, net | 382 | 1,009 | 759 | 891 | 999 | 1,166 | 1,338 | 1,476 |
| Note receivable, less current portion | — | 106 | 125 | 144 | 163 | 181 | 200 | 225 |
| Other assets | 180 | 181 | 182 | 183 | 182 | 187 | 187 | 191 |
| Long-term assets of discontinued operations | 2,918 | — | — | — | — | — | — | — |
| Total Assets | 18,470 | 11,616 | 13,260 | 13,872 | 14,525 | 15,593 | 19,741 | 19,838 |
| Current Liabilities: | ||||||||
| Accounts Payable and Accrued Liabilities, Current | 3,904 | 2,847 | 3,104 | 4,285 | 4,506 | 4,248 | 3,660 | 4,868 |
| Senior revolving credit facility, related party | — | — | — | — | — | — | — | 0 |
| Subordinated Debt, Current | — | — | — | — | — | — | — | 0 |
| Recorded amount for Utica Facility | — | — | — | 0 | 8 | 24 | 39 | 54 |
| Utica | 892 | 1,886 | 1,684 | 1,595 | 1,468 | 1,354 | 1,301 | 1,250 |
| L S Q | 793 | 1,173 | 2,739 | 2,472 | 836 | 792 | 2,611 | 2,945 |
| March 2022 Convertible Note | — | — | — | — | — | — | — | 100 |
| July 2022 Convertible Note | — | — | — | — | — | — | — | 60 |
| Financed Insurance | 924 | 1,161 | — | — | — | — | — | — |
| September and October 2023 Convertible Note - Related Party | — | 664 | 1,660 | — | — | — | — | — |
| March 2022 Convertible Note - Related Party | — | 0 | 1,079 | 0 | 0 | 0 | 120 | — |
| July 2022 Convertible Note - Related Party | — | — | — | 0 | 0 | 0 | 90 | — |
| November 2022 Convertible Note - Related Party | — | — | — | 1,027 | — | — | — | — |
| Buckshot Notes | 2,700 | — | — | — | — | — | — | — |
| Libertas Notes | 897 | — | — | — | — | — | — | — |
| Star Note | 1,000 | — | — | — | — | — | — | — |
| September and October 2023 Convertible Note | 618 | — | — | — | — | — | — | — |
| November 2022 Convertible Note | 0 | — | — | — | — | — | — | — |
| Current portion of long-term debt | 459 | — | — | — | — | — | — | — |
| Utica | 366 | 330 | 293 | 256 | 220 | — | — | — |
| Lease liability - finance | 106 | 17 | 6 | 10 | 12 | 14 | 14 | 13 |
| Lease liability - operating | 35 | 360 | 395 | 441 | 467 | 556 | 611 | 597 |
| Other current liabilities | 84 | 135 | 200 | 198 | 200 | 0 | 76 | 354 |
| Current liabilities of discontinued operations | 705 | — | — | — | — | — | — | — |
| Total Current Liabilities | 13,483 | 8,243 | 10,867 | 10,028 | 7,497 | 6,988 | 8,522 | 10,241 |
| Senior revolving credit facility, related party | — | — | — | — | — | — | — | 0 |
| Long-term debt, less current portion | — | — | — | — | — | — | — | 0 |
| Utica | 0 | 622 | 1,075 | 1,690 | 2,523 | 3,286 | 3,636 | 3,963 |
| March 2022 Convertible Note | — | — | — | — | — | — | — | 1,100 |
| July 2022 Convertible Note | — | — | — | — | — | — | — | 1,140 |
| November 2022 Convertible Note | — | — | — | — | — | — | — | 818 |
| March 2022 Convertible Note - Related Party | — | — | — | 0 | 0 | 0 | 29 | — |
| July 2022 Convertible Note - Related Party | — | — | — | 0 | 0 | 0 | 1,110 | — |
| November 2022 Convertible Note - Related Party | — | — | — | 0 | 975 | 923 | 870 | — |
| Utica | — | — | — | — | — | 183 | 146 | 110 |
| September 2023 Convertible Note - Related Party | — | — | — | — | 1,089 | — | — | — |
| September and October 2023 Convertible Note - Related Party | 0 | 0 | 0 | 1,656 | — | — | — | — |
| Long-term debt | 420 | — | — | — | — | — | — | — |
| Utica | 0 | — | — | — | — | — | — | — |
| Lease liability - finance, less current portion | 148 | 0 | 10 | 6 | 3 | 1 | 12 | 11 |
| Lease liability - operating, less current portion | 314 | 678 | 436 | 528 | 618 | 707 | 833 | 991 |
| Deferred tax liabilities | 222 | 222 | 222 | 222 | 257 | 257 | 257 | 273 |
| Other liabilities | — | — | — | — | — | — | — | 22 |
| Total non-current liabilities | — | — | — | — | — | — | — | 8,428 |
| Other non-current liabilities | 23 | 24 | 7 | 58 | 101 | 20 | 22 | — |
| Long-term liabilities of discontined operations | 263 | — | — | — | — | — | — | — |
| Total Liabilities | 14,873 | 10,119 | 12,910 | 14,444 | 13,283 | 12,365 | 15,437 | 18,669 |
| Stockholders' Equity (Deficit): | ||||||||
| Series A Preferred stock, $0.005 par value, 4,000,000 shares authorized; 3,476,965 and 0 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Series A Preferred Stock | 17 | — | — | — | — | — | — | — |
| Common stock, $0.005 par value, 100,000,000 shares authorized; 57,383,477 and 26,592,637 shares issued as of September 30, 2024 and December 31, 2023, respectively; 6,907 shares of treasury stock as of September 30, 2024 and December 31, 2023; and 57,376,570 and 26,585,730 shares outstanding as of September 30, 2024 and December 31, 2023, respectively | 285 | 184 | 135 | 131 | 128 | 107 | 90 | 59 |
| Additional paid-in capital | 56,753 | 52,573 | 49,148 | 48,970 | 48,844 | 47,835 | 46,374 | 42,266 |
| Accumulated deficit | (53,458) | (51,260) | (48,933) | (49,673) | (47,730) | (44,714) | (42,160) | (41,156) |
| Total Stockholders' Equity (Deficit) | 3,597 | 1,497 | 350 | (572) | 1,242 | 3,228 | 4,304 | 1,169 |
| Total Liabilities and Stockholders' Equity (Deficit) | 18,470 | 11,616 | 13,260 | 13,872 | 14,525 | 15,593 | 19,741 | 19,838 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.