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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash $ 14,040,000 $ 10,128,000
Accounts receivable 5,833,000 2,791,000
Inventory, net 2,378,000 837,000
Prepaid expenses and other 315,000 568,000
Total current assets 22,566,000 14,324,000
Property and equipment, net 858,000 819,000
Operating lease asset 3,831,000 3,050,000
Finance lease asset 180,000 19,000
Deposits 329,000 314,000
Long term deferred income taxes 513,000 725,000
Total assets 28,277,000 19,251,000
Current liabilities:    
Accounts payable and accrued expenses 2,133,000 1,552,000
Lease liability - operating leases 1,211,000 671,000
Lease liability - finance leases 45,000 14,000
Income taxes payable 52,000 688,000
Dividends payable 8,000 2,270,000
Accrued payroll and related taxes 1,748,000 908,000
Deferred insurance reimbursement 0 880,000
Total current liabilities 5,197,000 6,983,000
Long-term liabilities:    
Lease liability - operating leases 3,282,000 2,967,000
Lease liability - finance leases 145,000 10,000
Total liabilities 8,624,000 9,960,000
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; no shares issued and outstanding as of December 31, 2019 and December 31, 2018 0 0
Common stock, $0.001 par value; 100,000,000 shares authorized; 33,862,885 issued and 32,791,665 outstanding as of December 31, 2019 and 33,290,587 issued and 32,271,367 outstanding as of December 31, 2018 34,000 34,000
Additional paid-in capital 9,198,000 8,157,000
Treasury stock 1,071,220 and 1,019,220 shares, at December 31, 2019 and December 31, 2018, respectively, at cost (3,846,000) (3,675,000)
Retained earnings 14,356,000 4,864,000
Total Zynex, Inc. stockholders' equity 19,742,000 9,380,000
Non-controlling interest (89,000) (89,000)
Total stockholders' equity 19,653,000 9,291,000
Total liabilities and stockholders' equity $ 28,277,000 $ 19,251,000