Advent Technologies Holdings, Inc.
Balance Sheet
| Line Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash & Equivalents | $381.0K | $3.2M | $32.9M | $79.8M | $515.7K | $1.2M | $886.3K |
| Accounts Receivable | $962.0K | $63.0K | $979.0K | $3.1M | $421.1K | — | — |
| Inventory | $8.0K | $195.0K | $12.6M | $7.0M | $107.9K | — | — |
| Total Current Assets | $2.7M | $8.8M | $49.5M | $97.4M | $1.7M | $577.5K | $1.0M |
| Property, Plant & Equipment | $4.6M | $20.8M | $17.9M | $8.6M | $198.7K | — | — |
| Goodwill | — | — | $5.7M | $30.0M | $0 | — | — |
| Intangible Assets (Excl. Goodwill) | $85.0K | $79.0K | $6.1M | $23.3M | $0 | — | — |
| Total Assets | $8.0M | $34.7M | $89.6M | $163.0M | $1.9M | $226.0M | $222.1M |
| Liabilities | |||||||
| Accounts Payable | $16.7M | $4.0M | $4.7M | $4.8M | $881.4K | $25.5K | $55.4K |
| Total Current Liabilities | $28.8M | $11.9M | $13.7M | $18.9M | $3.4M | $1.3M | $247.4K |
| Long-Term Debt | — | — | — | — | — | — | — |
| Total Liabilities | $29.3M | $21.3M | $25.4M | $32.8M | $3.7M | $19.2M | $8.0M |
| Stockholders' Equity | |||||||
| Retained Earnings | $-220.2M | $-179.2M | $-107.8M | $-33.4M | $-12.9M | $20.2M | $307.6K |
| Total Stockholders' Equity | $-21.3M | $13.4M | $64.1M | $130.2M | $-1.8M | $-833.8K | $5.0M |