Frequency Electronics, Inc.
Balance Sheet
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $1.6M | $4.7M | $18.3M | $12.0M | $11.6M | $9.8M | $3.8M | $3.7M |
| Accounts Receivable | $4.7M | $5.9M | $4.6M | $4.6M | $4.3M | $5.5M | $4.4M | $6.4M |
| Inventory | $22.6M | $23.5M | $23.4M | $20.5M | $19.9M | $19.7M | $23.0M | $23.4M |
| Total Current Assets | $48.0M | $53.1M | $58.1M | $48.3M | $56.0M | $61.2M | $51.2M | $52.7M |
| Property, Plant & Equipment | $7.1M | $6.2M | $6.4M | $7.1M | $8.6M | $9.6M | $11.3M | $13.0M |
| Goodwill | $218.0K | $617.0K | $617.0K | $617.0K | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $90.7M | $93.7M | $83.3M | $74.5M | $84.8M | $98.5M | $91.3M | $86.8M |
| Liabilities | ||||||||
| Accounts Payable | $3.0M | $1.4M | $2.3M | $1.5M | $1.1M | $1.1M | $1.4M | $1.2M |
| Total Current Liabilities | $21.0M | $23.5M | $30.8M | $27.3M | $21.9M | $20.6M | $13.7M | $5.8M |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $34.3M | $38.1M | $43.4M | $41.6M | $38.1M | $43.1M | $37.0M | $23.7M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $2.8M | $3.7M | $-20.0M | $-25.6M | $-20.1M | $-11.5M | $-12.1M | $-2.1M |
| Total Stockholders' Equity | $56.4M | $55.6M | $39.8M | $32.9M | $46.7M | $55.4M | $54.2M | $63.1M |