Koil Energy Solutions, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $1.5M | $3.4M | $2.0M | $2.4M | $3.7M | $3.7M | $3.5M | — |
| Accounts Receivable | $4.8M | $2.8M | $4.2M | $2.9M | $5.9M | $4.7M | $4.5M | $4.4M |
| Inventory | $354.0K | $404.0K | $430.0K | $202.0K | $254.0K | $187.0K | $0 | — |
| Total Current Assets | $9.9M | $10.2M | $7.8M | $6.6M | $11.0M | $8.9M | $8.9M | $10.0M |
| Property, Plant & Equipment | $3.6M | $2.8M | $3.0M | $3.3M | $1.7M | $2.6M | $8.0M | $9.7M |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $306.0K | $64.0K | $72.0K | $62.0K | $38.0K | $44.0K | $50.0K | $56.0K |
| Total Assets | $19.8M | $18.7M | $17.1M | $16.6M | $14.7M | $14.9M | $21.6M | $20.1M |
| Liabilities | ||||||||
| Accounts Payable | $3.1M | $3.3M | $3.4M | $1.5M | $2.3M | $2.0M | $2.2M | $2.0M |
| Total Current Liabilities | $5.1M | $4.5M | $5.3M | $3.0M | $3.9M | $4.8M | $4.0M | $3.0M |
| Long-Term Debt | — | — | — | — | — | — | — | $47.0K |
| Total Liabilities | $10.9M | $10.1M | $11.4M | $9.5M | $4.5M | $7.0M | $7.2M | $3.0M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-62.5M | $-62.5M | $-65.1M | $-63.5M | $-60.6M | $-62.9M | $-56.9M | $-54.1M |
| Total Stockholders' Equity | $9.0M | $8.6M | $5.6M | $7.1M | $10.3M | $7.9M | $14.4M | $17.1M |