XML 16 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 9,100 $ 5,500
Short term investments 8,600 200
Accounts receivable, net 200 100
Prepaid operating expenses 1,700
Other current assets 1,700 1,100
Total current assets 19,600 8,600
Goodwill (provisional) 50,600 50,600
Arrive LLC long term investment 14,800 14,800
Other assets and other investments 1,100 2,400
Total assets 86,100 76,400
Current liabilities:    
Accounts payable 2,000 2,000
Other current liabilities 2,100 1,500
Total current liabilities 4,100 3,500
Pension liability 13,500
Stock purchase agreement notes payable (See Note 14 - Related Party Transactions) 17,600 17,600
Orix notes payable (See Note 6 - Debt) 26,600 10,300
Bank loan (See Note 6 - Debt) 400
Other related parties notes payable (See Note 14 - Related Party Transactions) 400
Other liabilities 100 200
Total liabilities 49,200 45,100
Shareholders' equity:    
Preferred stock, $.01 par value, authorized 200,000 shares, none issued and outstanding
Common stock, $.01 par value, authorized 50,000, 28,097 issued at June 30, 2020; 28,097 issued at December 31, 2019
Additional paid-in capital 1,053,900 1,053,900
Accumulated deficit (1,017,000) (1,002,700)
Accumulated other comprehensive loss (20,600)
Treasury stock, at cost: 2,927 shares at June 30, 2020; 2,927 shares at December 31, 2019 (24,900) (24,900)
Total GlassBridge Enterprises, Inc. shareholders' equity 12,000 5,700
Noncontrolling interest 24,900 25,600
Total shareholders' equity 36,900 31,300
Total liabilities and shareholders' equity $ 86,100 $ 76,400