CLEARONE INC
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $220.0K | $1.4M | $17.8M | $984.0K | $1.1M | $3.8M | $4.1M | $11.2M |
| Accounts Receivable | — | $2.2M | $3.3M | $3.6M | $5.0M | $5.2M | $5.5M | $6.8M |
| Inventory | $353.0K | $392.0K | $10.6M | $9.0M | $10.0M | $10.5M | $11.4M | $13.2M |
| Total Current Assets | $1.7M | $18.8M | $43.3M | $77.4M | $29.4M | $29.3M | $25.2M | $34.4M |
| Property, Plant & Equipment | $0 | $500.0K | $530.0K | $383.0K | $744.0K | $906.0K | $1.0M | $1.4M |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $0 | $1.5M | $1.7M | $2.1M | $25.1M | $19.2M | $14.0M | $10.2M |
| Total Assets | $2.3M | $26.5M | $50.7M | $83.8M | $66.2M | $62.3M | $55.1M | $58.9M |
| Liabilities | ||||||||
| Accounts Payable | $30.0K | $76.0K | $1.9M | $1.3M | $5.4M | $4.0M | $2.9M | $3.7M |
| Total Current Liabilities | $1.5M | $3.5M | $4.3M | $8.1M | $11.5M | $7.1M | $6.2M | $6.0M |
| Long-Term Debt | — | — | $0 | $0 | $1.5M | $3.2M | $2.2M | — |
| Total Liabilities | $3.0M | $5.2M | $6.0M | $9.6M | $14.7M | $12.5M | $10.6M | $6.7M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-36.1M | $-10.1M | $-1.1M | $-516.0K | $-21.1M | $-13.4M | $-13.9M | $-5.5M |
| Total Stockholders' Equity | $-714.0K | $21.3M | $44.7M | $74.1M | $51.5M | $49.8M | $44.5M | $52.2M |