XML 56 R2.htm IDEA: XBRL DOCUMENT v3.20.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash $ 14,585 $ 14,040
Accounts receivable 6,549 5,833
Inventory, net 3,429 2,378
Prepaid expenses and other 1,135 315
Total current assets 25,698 22,566
Property and equipment, net 1,116 858
Operating lease asset 4,980 3,831
Finance lease asset 168 180
Deposits 275 329
Long term deferred income taxes 985 513
Total assets 33,222 28,277
Current liabilities:    
Accounts payable and accrued expenses 2,292 2,141
Lease liability - operating leases 1,678 1,211
Lease liability - finance leases 53 45
Income taxes payable 39 52
Accrued payroll and related taxes 1,772 1,748
Total current liabilities 5,834 5,197
Long-term liabilities:    
Lease liability - operating leases 3,954 3,282
Lease liability - finance leases 126 145
Total liabilities 9,914 8,624
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; no shares issued and outstanding as of March 31, 2020 and December 31, 2019 0 0
Common stock, $0.001 par value; 100,000,000 shares authorized; 34,348,802 issued and 33,177,582 outstanding as of March 31, 2020 and 33,862,885 issued and 32,791,665 outstanding as of December 31, 2019 34 34
Additional paid-in capital 9,916 9,198
Treasury stock 1,071,220 shares, at March 31, 2020 and December 31, 2019, respectively, at cost (3,846) (3,846)
Retained earnings 17,293 14,356
Total Zynex, Inc. stockholders' equity 23,397 19,742
Non-controlling interest (89) (89)
Total stockholders' equity 23,308 19,653
Total liabilities and stockholders' equity $ 33,222 $ 28,277