Abits Group Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash & Equivalents | $83.8K | $1.1M | $884.2K | $2.5M | $2.5M | $19.4K | $425.6K |
| Accounts Receivable | — | — | — | — | $229.7K | $1.3M | — |
| Inventory | — | — | — | — | — | — | — |
| Total Current Assets | $900.7K | $1.7M | $1.7M | $4.9M | $2.7M | $2.2M | $2.5M |
| Property, Plant & Equipment | $8.5M | $9.4M | $9.5M | $12.6M | — | — | — |
| Goodwill | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — |
| Total Assets | $10.9M | $11.4M | $12.3M | $24.5M | $7.7M | $2.2M | $2.5M |
| Liabilities | |||||||
| Accounts Payable | $1.3M | $990.3K | $1.0M | $613.5K | $1.2M | $1.7M | $1.9M |
| Total Current Liabilities | $2.8M | $990.3K | $1.0M | — | $1.2M | $2.1M | $2.4M |
| Long-Term Debt | $375.0K | — | — | — | — | — | — |
| Total Liabilities | $3.1M | $990.3K | $1.0M | $613.5K | $1.2M | $2.1M | $2.2M |
| Stockholders' Equity | |||||||
| Retained Earnings | $-81.7M | $-78.8M | $-77.9M | $-65.3M | $-43.8M | $-41.0M | $-40.7M |
| Total Stockholders' Equity | $7.8M | $10.4M | $11.3M | $23.9M | $6.6M | $91.3K | $342.6K |