FullNet Communications, Inc.
Balance Sheet
| Line Item | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $3.1M | $2.8M | $2.7M | $1.4M | $612.0K | $246.2K | $29.4K | $19.4K |
| Accounts Receivable | $823 | $1.6K | $30.1K | $30.8K | $943 | $5.0K | $8.9K | $6.6K |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $3.2M | $2.8M | $2.7M | $1.5M | $632.9K | $281.3K | $44.4K | $27.5K |
| Property, Plant & Equipment | $70.6K | $87.2K | $58.6K | $63.0K | $57.8K | $51.3K | $39.4K | $46.7K |
| Goodwill | $19.9K | $18.3K | $20.6K | $26.2K | $18.3K | $13.0K | $21.8K | $30.9K |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $3.4M | $3.2M | $3.2M | $2.4M | $1.3M | $346.4K | $135.0K | $138.1K |
| Liabilities | ||||||||
| Accounts Payable | $13.7K | $19.0K | $53.1K | $50.2K | $50.8K | $18.4K | $37.4K | $79.8K |
| Total Current Liabilities | $1.8M | $1.6M | $1.6M | $1.5M | $1.1M | $1.0M | $1.1M | $1.0M |
| Long-Term Debt | — | — | — | — | — | — | $149.0K | $183.3K |
| Total Liabilities | $1.8M | $1.8M | $1.9M | $1.9M | $1.7M | $1.1M | $1.3M | $1.3M |
| Stockholders' Equity | ||||||||
| Retained Earnings | — | — | — | — | — | — | — | $-10.4M |
| Total Stockholders' Equity | $1.6M | $1.4M | $1.4M | $502.3K | $-326.5K | $-733.3K | $-1.1M | $-1.1M |