Cyanotech Corporation
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $257.0K | $707.0K | $974.0K | $2.6M | $3.8M | $2.4M | $840.0K | $1.3M |
| Accounts Receivable | $2.0M | $2.1M | $1.3M | $3.7M | $2.4M | $2.2M | $2.0M | $2.7M |
| Inventory | $7.8M | $7.3M | $10.7M | $9.5M | $8.4M | $9.7M | $11.3M | $9.0M |
| Total Current Assets | $10.5M | $10.6M | $13.5M | $16.3M | $15.1M | $14.7M | $14.6M | $13.6M |
| Property, Plant & Equipment | $8.9M | $10.1M | $11.4M | $11.9M | $12.1M | $13.0M | $14.8M | $15.7M |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $23.5M | $25.1M | $29.7M | $32.0M | $30.9M | $31.8M | $29.6M | $29.7M |
| Liabilities | ||||||||
| Accounts Payable | $2.2M | $1.4M | $1.0M | $2.4M | $2.3M | $2.1M | $4.9M | $3.5M |
| Total Current Liabilities | $10.2M | $8.6M | $8.1M | $4.8M | $5.8M | $6.4M | $9.5M | $5.7M |
| Long-Term Debt | $1.0M | $1.0M | $1.0M | $4.3M | $4.8M | $6.0M | $5.2M | $156.0K |
| Total Liabilities | $14.6M | $13.3M | $13.4M | $12.6M | $13.8M | $15.9M | $14.7M | $11.6M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-26.1M | $-22.9M | $-17.6M | $-14.2M | $-16.3M | $-17.3M | $-17.7M | $-14.1M |
| Total Stockholders' Equity | $8.9M | $11.8M | $16.3M | $19.5M | $17.0M | $15.8M | $14.9M | $18.1M |