Trees Corporation
Balance Sheet
| Line Item | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $969.7K | $2.6M | $2.1M | $750.2K | $122.4K | $7.6M | $5.0M | $773.8K |
| Accounts Receivable | $111.9K | $41.4K | $80.2K | $140.6K | $85.2K | $116.6K | $446.2K | $182.2K |
| Inventory | $860.9K | $2.1M | $1.1M | $371.8K | — | — | — | — |
| Total Current Assets | $2.4M | $5.0M | $3.5M | $2.5M | $1.6M | $9.0M | $6.2M | $1.1M |
| Property, Plant & Equipment | $1.4M | $1.9M | $680.3K | $411.5K | $1.5M | $1.4M | $1.3M | $1.7M |
| Goodwill | $15.9M | $18.4M | $8.8M | $2.5M | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $1.6M | $2.5M | $6.0M | $984.4K | — | $42.2K | $119.8K | $25.4K |
| Total Assets | $23.2M | $31.7M | $22.0M | $8.5M | $3.5M | $10.7M | $7.6M | $2.9M |
| Liabilities | ||||||||
| Accounts Payable | $1.6M | $1.1M | $621.6K | $1.1M | $879.3K | $125.2K | $192.2K | $191.3K |
| Total Current Liabilities | $7.4M | $6.1M | $4.1M | $3.1M | $9.3M | $6.2M | $4.1M | $419.6K |
| Long-Term Debt | $14.0M | $15.9M | $5.9M | $2.9M | $2.3M | $5.3M | $1.2M | $1.2M |
| Total Liabilities | $23.1M | $25.3M | $12.4M | $7.5M | $9.3M | $6.2M | $4.1M | $3.0M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-100.5M | $-93.4M | $-83.8M | $-75.0M | $-67.3M | $-51.8M | $-34.8M | $-26.6M |
| Total Stockholders' Equity | $148.2K | $6.4M | $9.6M | $1.0M | $-5.8M | $4.6M | $3.5M | $-190.2K |