Axe Compute Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $10.8M | $611.8K | $8.7M | $22.1M | $28.2M | $678.3K | $150.8K | $162.2K |
| Accounts Receivable | $32.1K | $34.2K | $277.6K | $331.2K | $354.2K | $256.9K | $297.1K | $232.6K |
| Inventory | — | $385.7K | $480.8K | $430.5K | $387.7K | $289.5K | $190.2K | $241.1K |
| Total Current Assets | $42.8M | $2.2M | $10.1M | $23.4M | $29.5M | $1.5M | $798.3K | $1.5M |
| Property, Plant & Equipment | $223.1K | $347.6K | $491.2K | $1.8M | $2.5M | $3.8M | $1.5M | $180.5K |
| Goodwill | — | — | — | $0 | $6.9M | $2.8M | $15.7M | — |
| Intangible Assets (Excl. Goodwill) | — | $210.1K | $241.3K | $253.9K | $4.0M | $3.4M | $3.6M | $964.5K |
| Total Assets | $52.9M | $5.0M | $14.4M | $25.7M | $43.8M | $13.1M | $22.4M | $3.7M |
| Liabilities | ||||||||
| Accounts Payable | $1.8M | $1.0M | $1.3M | $943.5K | $1.0M | $1.4M | $3.2M | $445.7K |
| Total Current Liabilities | $4.3M | $3.6M | $4.0M | $3.9M | $3.2M | $9.3M | $10.9M | $3.7M |
| Long-Term Debt | — | — | — | — | $0 | — | — | — |
| Total Liabilities | $5.2M | $5.2M | $6.1M | $4.0M | $3.5M | $10.4M | $11.1M | $3.7M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-413.5M | $-180.4M | $-167.8M | $-153.8M | $-128.0M | $-108.4M | $-82.5M | $-63.1M |
| Total Stockholders' Equity | $47.7M | $-202.6K | $8.3M | $21.8M | $40.3M | $2.6M | $11.2M | $53.5K |