American Defense Systems Inc
OTC:ADFS
Balance Sheet
Balance Sheet Decomposition
American Defense Systems Inc
American Defense Systems Inc
Balance Sheet
American Defense Systems Inc
| Dec-2006 | Dec-2007 | Dec-2008 | Dec-2009 | Dec-2010 | Dec-2011 | Dec-2012 | ||
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Cash Equivalents |
5
|
1
|
0
|
0
|
0
|
0
|
0
|
|
| Cash |
5
|
1
|
0
|
0
|
0
|
0
|
0
|
|
| Total Receivables |
6
|
12
|
12
|
10
|
3
|
2
|
0
|
|
| Accounts Receivables |
6
|
12
|
12
|
10
|
3
|
2
|
0
|
|
| Other Receivables |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Inventory |
0
|
0
|
1
|
0
|
0
|
0
|
1
|
|
| Other Current Assets |
1
|
7
|
3
|
0
|
2
|
0
|
0
|
|
| Total Current Assets |
12
|
20
|
16
|
11
|
5
|
2
|
1
|
|
| PP&E Net |
1
|
1
|
4
|
3
|
2
|
0
|
0
|
|
| PP&E Gross |
1
|
1
|
4
|
3
|
2
|
0
|
0
|
|
| Accumulated Depreciation |
0
|
1
|
2
|
3
|
4
|
2
|
0
|
|
| Intangible Assets |
0
|
0
|
1
|
1
|
0
|
0
|
0
|
|
| Goodwill |
0
|
2
|
0
|
1
|
0
|
0
|
0
|
|
| Note Receivable |
0
|
0
|
1
|
0
|
0
|
0
|
0
|
|
| Other Long-Term Assets |
0
|
1
|
3
|
2
|
3
|
0
|
0
|
|
| Other Assets |
0
|
2
|
0
|
1
|
0
|
0
|
0
|
|
| Total Assets |
13
N/A
|
24
+80%
|
25
+6%
|
18
-30%
|
10
-44%
|
3
-68%
|
1
-59%
|
|
| Liabilities | ||||||||
| Accounts Payable |
3
|
4
|
2
|
7
|
3
|
3
|
2
|
|
| Accrued Liabilities |
1
|
1
|
1
|
0
|
0
|
0
|
0
|
|
| Short-Term Debt |
0
|
0
|
11
|
0
|
14
|
0
|
0
|
|
| Current Portion of Long-Term Debt |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Current Liabilities |
0
|
1
|
1
|
0
|
2
|
0
|
0
|
|
| Total Current Liabilities |
4
|
6
|
15
|
7
|
19
|
3
|
3
|
|
| Long-Term Debt |
0
|
0
|
0
|
12
|
0
|
0
|
0
|
|
| Deferred Income Tax |
0
|
4
|
0
|
0
|
0
|
0
|
0
|
|
| Other Liabilities |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Liabilities |
4
N/A
|
10
+154%
|
15
+47%
|
20
+30%
|
20
-1%
|
3
-83%
|
3
-25%
|
|
| Equity | ||||||||
| Common Stock |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Retained Earnings |
0
|
3
|
1
|
17
|
26
|
17
|
18
|
|
| Additional Paid In Capital |
9
|
10
|
11
|
15
|
17
|
17
|
17
|
|
| Total Equity |
9
N/A
|
13
+48%
|
10
-26%
|
2
N/A
|
10
-348%
|
0
+98%
|
1
-425%
|
|
| Total Liabilities & Equity |
13
N/A
|
24
+80%
|
25
+6%
|
18
-30%
|
10
-44%
|
3
-68%
|
1
-59%
|
|
| Shares Outstanding | ||||||||
| Common Shares Outstanding |
38
|
39
|
40
|
47
|
54
|
55
|
56
|
|