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Consolidated Balance Sheets - USD ($)
Jun. 30, 2017
Jun. 30, 2016
Current assets:    
Cash and cash equivalents $ 11,782,962 $ 17,189,089
Accounts receivable, net 469,906 172,633
Inventories, net 2,482,013 1,869,942
Prepaid expenses and other current assets 239,340 600,591
Customer intangible assets 8,249 76,293
Note receivable 171,140 171,140
Costs and estimated earnings in excess of billings 87,318 0
Deferred PPA project costs 0 5,690,307
Deferred customer project costs 104,800 419,765
Project assets 114,971 1,190,853
Total current assets 15,460,699 27,380,613
Long-term assets:    
Property, plant and equipment, net 3,446,253 3,889,106
Investment in investee company 1,947,728 2,165,626
Goodwill 809,363 809,363
Right of use assets-operating leases 150,214 27,264
Total assets 21,814,257 34,271,972
Current liabilities:    
Current maturities of long-term debt 317,497 332,707
Accounts payable 487,185 569,226
Billings in excess of costs and estimated earnings 456,950 0
Accrued expenses 743,948 501,031
Customer deposits 90,876 201,352
Accrued compensation and benefits 396,890 257,087
Total current liabilities 2,493,346 1,861,403
Long-term liabilities:    
Long-term debt, net of current maturities 740,586 1,057,720
Deferred revenue 422,638 13,290,000
Other long-term liabilities 249,920 25,789
Total liabilities 3,906,490 16,234,912
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 shares outstanding, preference in liquidation of $5,631,086 and $5,317,800 as of June 30, 2017 and June 30, 2016, respectively 23 23
Series C convertible preferred stock ($0.01 par value, $1,000 face value), 28,048 shares authorized, issued, and outstanding, preference in liquidation of $12,276,682 and $12,719,260 as of June 30, 2017 and June 30, 2016, respectively 280 280
Common stock ($0.01 par value), 300,000,000 authorized, 55,200,963 and 47,752,821 shares issued and outstanding as of June 30, 2017 and June 30, 2016, respectively 1,260,324 1,185,843
Additional paid-in capital 141,822,317 137,585,233
Accumulated deficit (124,639,644) (120,550,108)
Accumulated other comprehensive loss (1,584,578) (1,585,583)
Total EnSync, Inc. equity 16,858,722 16,635,688
Noncontrolling interest 1,049,045 1,401,372
Total equity 17,907,767 18,037,060
Total liabilities and equity $ 21,814,257 $ 34,271,972