MITEK SYSTEMS, INC.
Balance Sheet
| Line Item | Oct 2018 | Sep 2018 | Jun 2018 | May 2018 | Mar 2018 | Dec 2017 | Sep 2017 | Jun 2017 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | — | $9.0M | $8.6M | — | $25.2M | $6.3M | $12.3M | $9.3M |
| Accounts Receivable | — | $16.8M | $12.1M | — | $7.8M | $5.7M | $7.1M | $6.4M |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | — | $37.6M | $34.7M | — | $55.5M | $47.1M | $50.9M | $46.0M |
| Property, Plant & Equipment | — | $4.7M | $3.8M | — | $2.3M | $833.0K | $613.0K | $546.0K |
| Goodwill | — | $34.4M | $34.0M | $31.2M | $10.3M | $10.0M | $3.0M | $2.9M |
| Intangible Assets (Excl. Goodwill) | — | $32.9M | $34.9M | — | $7.9M | $8.3M | $2.3M | $2.4M |
| Total Assets | — | $127.2M | $124.1M | — | $92.3M | $88.9M | $71.7M | $56.5M |
| Liabilities | ||||||||
| Accounts Payable | — | $3.6M | $3.9M | — | $2.3M | $3.0M | $1.9M | $1.8M |
| Total Current Liabilities | — | $20.4M | $19.4M | — | $14.3M | $11.8M | $9.5M | $9.5M |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | — | $31.8M | $29.9M | — | $18.6M | $16.5M | $10.3M | $10.4M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-20.1M | $-21.0M | $-18.9M | — | $-16.1M | $-14.9M | $-17.5M | $-30.3M |
| Total Stockholders' Equity | — | $95.4M | $94.2M | — | $73.7M | $72.4M | $61.4M | $46.1M |
Rule No. 1 : Never lose money. Rule No. 2 : Never forget Rule No. 1.