ICTS International N.V.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $16.9M | $64.7M | $55.2M | $50.9M | $88.8M | $51.6M | $52.4M | $12.8M |
| Accounts Receivable | $78.4M | $68.3M | $70.4M | $54.3M | $55.1M | $34.4M | $43.3M | $44.8M |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $143.8M | $161.6M | $176.6M | $155.5M | $174.6M | $116.6M | $103.1M | $67.2M |
| Property, Plant & Equipment | $4.8M | $4.7M | $5.2M | $6.3M | $5.7M | $5.5M | $4.6M | $4.3M |
| Goodwill | $713.0K | $633.0K | $668.0K | $646.0K | $690.0K | $746.0K | $681.0K | $695.0K |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $165.5M | $185.8M | $197.1M | $184.6M | $195.9M | $140.4M | $123.4M | $75.1M |
| Liabilities | ||||||||
| Accounts Payable | $7.0M | $6.7M | $6.6M | $8.7M | $5.9M | $3.7M | $5.8M | $5.9M |
| Total Current Liabilities | $80.5M | $79.2M | $80.5M | $68.3M | $60.9M | $59.3M | $75.5M | $75.1M |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $99.8M | $101.5M | $106.2M | $105.0M | $111.2M | $95.6M | $84.8M | $109.9M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-50.0M | $-35.7M | $-31.4M | $-38.5M | $-33.8M | $-68.6M | $-73.0M | $-65.0M |
| Total Stockholders' Equity | $-21.2M | $-6.4M | $-2.6M | $-10.4M | $-5.8M | $-30.5M | $-35.7M | $-34.9M |