|
Consolidated Balance Sheets (Unaudited) (USD $) In Thousands, unless otherwise specified
|
Mar. 31, 2012
|
Sep. 30, 2011
|
| ASSETS |
|
|
| Cash |
$ 5,527 |
$ 6,136 |
| Trade accounts receivable, net of allowance of $2,531 and $2,915, respectively |
6,530 |
13,899 |
| Trade accounts receivable from related parties, net of allowance of $3,300 and $3,326, respectively |
1,144 |
2,674 |
| Other receivables, net of allowance of $0 and $18, respectively |
930 |
943 |
| Inventories |
1,817 |
1,845 |
| Inventories held for sale, net of allowance of $1,811 and $1,809, respectively |
866 |
905 |
| Prepaid taxes |
2,649 |
1,832 |
| Advances paid |
1,883 |
647 |
| Deferred tax assets |
1,275 |
1,621 |
| Prepaid expenses and other current assets |
1,012 |
1,284 |
| Total Current Assets |
23,633 |
31,786 |
| Vessels, equipment and property, net |
62,340 |
66,063 |
| Drydocking costs, net |
98 |
258 |
| Goodwill |
233 |
232 |
| Intangible assets, net |
120 |
148 |
| Long-term prepaid taxes |
5,349 |
5,352 |
| Investments |
14 |
14 |
| Long-term other receivables, net of current portion |
1,178 |
1,206 |
| Total Assets |
92,965 |
105,059 |
| LIABILITIES AND EQUITY |
|
|
| Accounts payable |
2,847 |
4,923 |
| Accounts payable to related parties |
2 |
16 |
| Accrued expenses |
658 |
1,460 |
| Taxes payable |
923 |
2,317 |
| Deferred revenue |
6 |
587 |
| Accelerated put option liability |
16,820 |
15,817 |
| Long-term debt - current portion |
57,355 |
57,120 |
| Total Current Liabilities |
78,611 |
82,240 |
| Long-term deferred revenue from related parties |
2,999 |
3,072 |
| Long-term deferred income tax liability |
691 |
758 |
| Total Long-Term Liabilities |
3,690 |
3,830 |
| Total Liabilities |
82,301 |
86,070 |
| EQUITY |
|
|
| Common stock, $0.001 par value per share; 150,000,000 shares authorized; 52,657,574 and 52,213,757 shares issued and outstanding, respectively |
53 |
53 |
| Additional paid-in capital |
64,768 |
64,724 |
| Accumulated deficit |
(32,051) |
(24,313) |
| Accumulated other comprehensive loss |
(14,403) |
(14,254) |
| Equity attributable to Caspian Services, Inc. Shareholders |
18,367 |
26,210 |
| Deficit attributable to noncontrolling interests |
(7,703) |
(7,221) |
| Total Equity |
10,664 |
18,989 |
| Total Liabilities and Equity |
$ 92,965 |
$ 105,059 |