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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2016
Jun. 30, 2015
Current assets:    
Cash and cash equivalents $ 21,804,177 $ 10,757,461
Restricted cash on deposit 0 60,193
Accounts receivable, net 37,526 113,093
Inventories, net 2,208,610 1,198,117
Prepaid expenses and other current assets 634,183 441,537
Deferred financing costs 0 545,825
Customer intangible assets 123,115 0
Note receivable 168,148 159,107
Deferred PPA project costs 159,978 0
Deferred customer project costs 1,009,730 0
Project assets 7,278,755 0
Total current assets 33,424,222 13,275,333
Long-term assets:    
Property, plant and equipment, net 4,027,086 4,164,912
Investment in investee company 2,238,099 2,408,528
Goodwill 803,079 803,079
Right of use assets - operating leases 32,136 85,656
Total assets 40,524,622 20,737,508
Current liabilities:    
Current maturities of long-term debt 330,861 324,626
Accounts payable 585,913 1,056,744
Accrued expenses 293,346 1,214,822
Customer deposits 1,230,391 1,177,155
Accrued compensation and benefits 130,123 235,351
Total current liabilities 2,570,634 4,008,698
Long-term liabilities:    
Long-term debt, net of current maturities 1,136,798 1,053,581
Deferred revenue 13,290,000 0
Other long-term liabilities 30,699 0
Total liabilities $ 17,028,131 $ 5,062,279
Commitments and contingencies (Note 15)
Equity    
Series B redeemable convertible preferred stock ($0.01 par value, $1,000 face value) 3,000 shares authorized and issued, 2,300 and 2,575 shares outstanding, preference in liquidation of $5,244,195 and $5,635,866 as of March 31, 2016 and June 30, 2015, respectively $ 23 $ 26
Series C convertible preferred stock ($0.01 par value, $1,000 face value), 28,048 and 0 shares authorized, issued, and outstanding, preference in liquidation of $18,252,296 and $0 as of March 31, 2016 and June 30, 2015, respectively 280 0
Common stock ($0.01 par value); 300,000,000 and 150,000,000 authorized, 47,644,821 and 39,129,334 shares issued and outstanding as of March 31, 2016 and June 30, 2015, respectively 1,184,763 1,099,608
Additional paid-in capital 137,205,436 117,104,936
Accumulated deficit (114,819,622) (102,674,049)
Accumulated other comprehensive loss (1,584,608) (1,589,486)
Total EnSync, Inc. Equity 21,986,272 13,941,035
Noncontrolling interest 1,510,219 1,734,194
Total equity 23,496,491 15,675,229
Total liabilities and equity $ 40,524,622 $ 20,737,508