Digerati Technologies, Inc.
Balance Sheet
| Line Item | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $924.0K | $1.5M | $1.5M | $685.0K | $406.0K | $388.0K | $673.0K | $1.2M |
| Accounts Receivable | $749.0K | $622.0K | $617.0K | $208.0K | $262.0K | $229.0K | $15.0K | $2.0K |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $2.3M | $2.5M | $2.3M | $1.3M | $775.0K | $741.0K | $697.0K | $1.2M |
| Property, Plant & Equipment | $1.3M | $1.6M | $529.0K | $431.0K | $579.0K | $713.0K | $2.0K | $3.0K |
| Goodwill | $19.4M | $19.4M | $3.9M | $810.0K | $810.0K | $835.0K | — | — |
| Intangible Assets (Excl. Goodwill) | $12.2M | $15.2M | — | $1.5M | $1.8M | $2.2M | $14.0K | $29.0K |
| Total Assets | $38.4M | $41.7M | $16.5M | $4.4M | $4.2M | $4.6M | $713.0K | $1.4M |
| Liabilities | ||||||||
| Accounts Payable | $5.4M | $3.2M | $1.7M | $1.5M | $1.3M | $1.2M | $859.0K | $789.0K |
| Total Current Liabilities | $67.6M | $31.8M | $26.6M | $6.6M | $6.6M | $4.5M | $1.2M | $3.7M |
| Long-Term Debt | $8.2M | $500.0K | — | $36.8K | $65.2M | — | — | — |
| Total Liabilities | $69.3M | $67.5M | $33.4M | $7.0M | $6.9M | $5.6M | $1.4M | $3.8M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-121.7M | $-113.4M | $-105.4M | $-88.7M | $-85.3M | $-80.8M | $-77.6M | $-78.1M |
| Total Stockholders' Equity | $-27.6M | $-23.8M | $-16.1M | $-2.2M | $-2.3M | $-793.0K | $-642.0K | $-2.4M |