Joint Corp
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $23.6M | $25.1M | $18.2M | $9.7M | $19.5M | $20.6M | $8.5M | $8.7M |
| Accounts Receivable | $2.8M | $2.6M | $2.6M | $2.4M | $3.7M | $2.1M | $2.6M | $806.4K |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $52.1M | $74.6M | $44.3M | $17.6M | $26.9M | $25.3M | $13.3M | $11.3M |
| Property, Plant & Equipment | $3.2M | $3.2M | $3.8M | — | — | $8.7M | $6.6M | $3.7M |
| Goodwill | — | — | $7.4M | $8.5M | $5.1M | $4.6M | $4.2M | $3.2M |
| Intangible Assets (Excl. Goodwill) | — | — | $5.0M | $10.9M | $4.7M | $2.9M | $3.2M | $1.6M |
| Total Assets | $61.0M | $83.2M | $87.2M | $93.5M | $87.1M | $65.9M | $43.7M | $23.4M |
| Liabilities | ||||||||
| Accounts Payable | $1.6M | $1.8M | $1.3M | $3.0M | $1.7M | $1.6M | $1.5M | $1.3M |
| Total Current Liabilities | $32.8M | $49.0M | $33.6M | $23.2M | $21.4M | $18.5M | $13.6M | $10.3M |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $45.9M | $62.5M | $62.4M | $60.9M | $56.8M | $44.8M | $38.0M | $22.7M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-24.8M | $-27.7M | $-21.9M | $-12.2M | $-12.8M | $-20.1M | $-33.6M | $-37.4M |
| Total Stockholders' Equity | $15.1M | $20.7M | $24.7M | $32.6M | $30.3M | $21.1M | $5.7M | $727.5K |