Indonesia Energy Corporation Limited
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $0 | $0 | $0 | $0 | $0 | $6.9M | $12.2M | $898.7K |
| Accounts Receivable | $343.0K | $344.3K | $582.3K | $468.2K | $997.7K | $1.1M | $350.7K | $760.3K |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $7.5M | $6.1M | $6.1M | $7.9M | $3.5M | $11.2M | $15.1M | $4.0M |
| Property, Plant & Equipment | $42.4K | $19.7K | $109.0K | $201.5K | $292.5K | $131.3K | $175.4K | $234.6K |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $22.8M | $21.9M | $17.7M | $20.6M | $12.1M | $15.6M | $21.2M | $9.9M |
| Liabilities | ||||||||
| Accounts Payable | $596.2K | $899.6K | $753.8K | $719.1K | $1.6M | $542.3K | $917.2K | $1.0M |
| Total Current Liabilities | $1.5M | $1.9M | $1.6M | $1.2M | $2.8M | $1.8M | $2.7M | $2.7M |
| Long-Term Debt | — | — | — | — | $1.0M | $1.0M | $2.0M | — |
| Total Liabilities | $3.1M | $3.7M | $3.0M | $3.3M | $4.3M | $3.2M | $5.0M | $4.8M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-51.0M | $-45.9M | $-39.6M | $-36.9M | $-33.8M | $-27.7M | $-20.8M | $-19.1M |
| Total Stockholders' Equity | $19.7M | $18.2M | $14.7M | $17.3M | $7.8M | $12.4M | $16.2M | $5.1M |