Intellinetics, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | — | $2.5M | $1.2M | $2.7M | $1.8M | $1.9M | $404.2K | — |
| Accounts Receivable | $1.2M | $1.1M | $1.9M | $1.1M | $1.2M | $792.4K | $329.6K | $135.7K |
| Inventory | $173.3K | $100.6K | $110.3K | $73.2K | $76.7K | $79.8K | $4.2K | — |
| Total Current Assets | $5.2M | $5.5M | $5.0M | $4.9M | $3.7M | $3.5M | $872.1K | $1.4M |
| Property, Plant & Equipment | $1.1M | $1.1M | $924.3K | $1.1M | $1.1M | $698.8K | $6.9K | $9.1K |
| Goodwill | $5.8M | $5.8M | $5.8M | $5.8M | $2.3M | $2.3M | — | — |
| Intangible Assets (Excl. Goodwill) | $2.9M | $3.4M | $3.9M | $4.4M | $968.5K | $1.2M | — | — |
| Total Assets | $17.3M | $18.6M | $19.0M | $19.9M | $12.0M | $10.3M | $986.6K | $1.4M |
| Liabilities | ||||||||
| Accounts Payable | $284.7K | $310.6K | $194.5K | $370.3K | $181.5K | $141.8K | $160.9K | $308.1K |
| Total Current Liabilities | $5.1M | $6.6M | $4.4M | $6.0M | $3.6M | $3.6M | $7.3M | $1.2M |
| Long-Term Debt | — | — | — | $3.3M | $2.0M | $2.8M | $3.5M | $3.5M |
| Total Liabilities | $5.9M | $7.9M | $9.3M | $11.4M | $9.3M | $9.2M | $7.4M | $5.9M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-23.5M | $-21.6M | $-21.1M | $-21.6M | $-21.6M | $-23.0M | $-20.8M | $-18.7M |
| Total Stockholders' Equity | $11.4M | $10.6M | $9.8M | $8.6M | $2.7M | $1.2M | $-6.4M | $-4.5M |