Climb Global Solutions Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Balance Sheet Detail

Balance Sheet Detail

12 Months Ended

Dec. 31, 2020

Balance Sheet Detail

Balance Sheet Detail

7. Balance Sheet Detail

Equipment and leasehold improvements, net consist of the following:



	December 31,		December 31,
	2020		2019
Equipment	$	2,482	$	2,230
Capitalized software		777		—
Leasehold improvements		1,760		1,289
		5,019		3,519
Less accumulated depreciation and amortization		(2,711)		(2,304)
	$	2,308	$	1,215

Depreciation expense relating to equipment and leasehold improvements, net was $0.4 million and $0.5 million during the years ended December 31, 2020 and 2019, respectively. Amortization expense relating to capitalized software was less than $0.1 million and zero during the years ended December 31, 2020 and 2019.

Accounts receivable – long term, net consist of the following:



	December 31,		December 31,
	2020		2019
Total amount due from customer	$	1,853	$	5,656
Less: unamortized discount		(49)		(194)
Less: current portion included in accounts receivable		(1,500)		(4,104)
	$	304	$	1,358

Accounts payable and accrued expenses consist of the following:



	December 31,		December 31,
	2020		2019
Trade accounts payable	$	107,045	$	73,310
Accrued expenses		9,647		5,054
	$	116,692	$	78,364

Accumulated other comprehensive loss consists of the following:



	December 31,		December 31,
	2020		2019
Foreign currency translation adjustments	$	(742)	$	(1,130)
	$	(742)	$	(1,130)