MITEK SYSTEMS, INC.
Balance Sheet
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $12.3M | $9.0M | $2.8M | $7.8M | $23.3M | $6.7M | $5.7M | $1.3M |
| Accounts Receivable | $7.1M | $4.9M | $3.9M | $3.0M | $1.5M | $1.1M | $3.0M | $1.2M |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $50.9M | $40.3M | $31.4M | $27.7M | $31.2M | $14.1M | $19.1M | $2.7M |
| Property, Plant & Equipment | $613.0K | $440.0K | $975.0K | $1.3M | $1.6M | $491.1K | $196.5K | $34.3K |
| Goodwill | $3.0M | $2.9M | $2.9M | $0 | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $2.3M | $2.8M | $3.4M | — | — | — | — | — |
| Total Assets | $71.7M | $48.4M | $38.7M | $31.1M | $32.9M | $16.7M | $19.9M | $3.0M |
| Liabilities | ||||||||
| Accounts Payable | $1.9M | $1.3M | $1.5M | $1.8M | $1.9M | $712.0K | $358.9K | $228.5K |
| Total Current Liabilities | $9.5M | $8.3M | $7.4M | $6.2M | $5.8M | $3.1M | $1.8M | $1.3M |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $10.3M | $8.9M | $8.3M | $7.2M | $7.1M | $3.2M | $1.8M | $2.0M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-17.5M | $-31.5M | $-33.5M | $-36.0M | $-30.7M | $-23.5M | $-15.6M | $-15.5M |
| Total Stockholders' Equity | $61.4M | $39.5M | $30.4M | $23.9M | $25.7M | $13.6M | $18.1M | $1.0M |
Price is what you pay. Value is what you get.