Happen, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $930.4M | $977.4M | $1.29B | $1.12B | $763.6M | $525.0M | $243.8M | $373.0M |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | — | — | — | — | — | — | — | — |
| Property, Plant & Equipment | $254.1M | $167.5M | $161.5M | $136.5M | $98.0M | $96.6M | $114.4M | $113.9M |
| Goodwill | $75.7M | $75.7M | $75.7M | $75.7M | $75.7M | $0 | $0 | $0 |
| Intangible Assets (Excl. Goodwill) | $7.4M | $8.6M | $12.1M | $16.3M | $21.2M | $11.4M | $14.5M | $18.0M |
| Total Assets | $11.57B | $10.63B | $8.83B | $7.98B | $4.90B | $1.86B | $2.98B | $3.82B |
| Liabilities | ||||||||
| Accounts Payable | — | — | — | — | — | — | — | — |
| Total Current Liabilities | — | — | — | — | — | — | — | — |
| Long-Term Debt | $0 | $0 | $19.4M | — | — | — | — | — |
| Total Liabilities | $10.07B | $9.29B | $7.58B | $6.82B | $4.05B | $1.14B | $2.08B | $2.95B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-201.8M | $-337.5M | $-388.8M | $-427.7M | $-717.4M | $-786.2M | $-548.5M | $-517.7M |
| Total Stockholders' Equity | $1.50B | $1.34B | $1.25B | $1.16B | $850.2M | $724.2M | $900.2M | $869.2M |