CPI Aerostructures, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | — | — | — | — | $6.3M | $6.0M | $5.4M | $6.1M |
| Accounts Receivable | $5.8M | $3.7M | $4.4M | $4.9M | $5.0M | $5.0M | $7.0M | $8.7M |
| Inventory | $800.8K | $918.3K | $1.4M | $2.5M | $4.0M | $6.4M | $4.9M | $9.4M |
| Total Current Assets | $43.4M | $43.6M | $46.9M | $43.2M | $43.3M | $37.7M | $33.8M | $44.2M |
| Property, Plant & Equipment | $412.6K | $767.9K | $794.1K | $1.1M | $1.6M | $2.5M | $3.3M | $2.5M |
| Goodwill | $1.8M | $1.8M | $1.8M | $1.8M | $1.8M | $1.8M | $1.8M | $0 |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | $125.0K | $250.0K | $375.0K | $0 |
| Total Assets | $75.2M | $68.0M | $74.4M | $59.4M | $55.0M | $46.5M | $43.4M | $47.4M |
| Liabilities | ||||||||
| Accounts Payable | $14.7M | $11.1M | $10.5M | $8.0M | $10.4M | $12.1M | $8.2M | $9.9M |
| Total Current Liabilities | $23.0M | $26.5M | $31.5M | $30.3M | $31.1M | $30.0M | $22.3M | $22.9M |
| Long-Term Debt | $10.0M | $26.5K | $71.0K | $1.8M | $1.5M | $6.2M | $1.8M | $3.9M |
| Total Liabilities | $49.4M | $42.0M | $52.3M | $55.3M | $60.3M | $59.5M | $53.4M | $51.4M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-49.3M | $-48.5M | $-51.8M | $-69.0M | $-78.2M | $-85.0M | $-81.3M | $-74.6M |
| Total Stockholders' Equity | $25.8M | $25.9M | $22.1M | $4.2M | $-5.3M | $-13.0M | $-10.0M | $-3.9M |