Milestone Scientific Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $1.1M | $3.3M | $3.0M | $8.7M | $14.8M | $14.2M | $1.5M | $743.4K |
| Accounts Receivable | — | $475.4K | $312.7K | $693.7K | $943.3K | $1.1M | $1.7M | $2.0M |
| Inventory | $3.8M | $3.7M | $2.6M | $1.8M | $1.5M | $2.4M | $1.6M | $1.9M |
| Total Current Assets | $7.5M | $9.3M | $10.8M | $13.0M | $18.9M | $18.6M | $6.1M | $5.9M |
| Property, Plant & Equipment | $19.2K | $12.9K | $10.0K | $18.1K | $23.7K | $30.7K | $45.0K | $82.6K |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $79.1K | $148.4K | $178.6K | $228.0K | $277.6K | $329.2K | $382.3K | $435.3K |
| Total Assets | $7.8M | $9.8M | $11.4M | $13.7M | $19.8M | $19.6M | $6.6M | $6.4M |
| Liabilities | ||||||||
| Accounts Payable | — | — | — | $1.1M | $780.4K | $483.0K | $1.4M | $1.1M |
| Total Current Liabilities | $4.1M | $3.7M | $3.1M | $3.3M | $3.1M | $2.9M | $4.9M | $4.9M |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $5.0M | $4.0M | $3.4M | $3.7M | $3.6M | $3.5M | $4.9M | $4.9M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-133.8M | $-128.1M | $-123.3M | $-116.4M | $-107.7M | $-100.9M | $-93.5M | $-86.0M |
| Total Stockholders' Equity | $2.8M | $5.8M | $8.0M | $10.2M | $16.4M | $16.2M | $1.7M | $1.5M |