C3is Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Assets | ||||
| Cash & Equivalents | $616.6K | $4.6M | $695.3K | $0 |
| Accounts Receivable | — | — | — | — |
| Inventory | $1.3M | $884.1K | $689.3K | $165.6K |
| Total Current Assets | $20.8M | $16.3M | $20.3M | $1.0M |
| Property, Plant & Equipment | $77.6M | $84.1M | $75.2M | $38.8M |
| Goodwill | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — |
| Total Assets | $98.5M | $100.5M | $95.5M | $39.9M |
| Liabilities | ||||
| Accounts Payable | $1.8M | $908.3K | $547.0K | $792.1K |
| Total Current Liabilities | $3.4M | $18.7M | $39.9M | $965.5K |
| Long-Term Debt | — | — | — | — |
| Total Liabilities | $3.4M | $29.1M | $39.9M | $965.5K |
| Stockholders' Equity | ||||
| Retained Earnings | $4.5M | $257.1K | $8.3M | — |
| Total Stockholders' Equity | $95.1M | $71.4M | $55.5M | $38.9M |