Marti Technologies, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Assets | |||||
| Cash & Equivalents | $7.8M | $5.1M | $19.4M | $10.5M | $610.9K |
| Accounts Receivable | $503.8K | $203.5K | $188.4K | $375.2K | — |
| Inventory | $2.0M | $2.0M | $2.6M | $3.3M | — |
| Total Current Assets | $13.9M | $11.4M | $25.7M | $20.5M | $758.3K |
| Property, Plant & Equipment | $2.7M | $5.5M | $13.5M | $19.3M | — |
| Goodwill | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $351.2K | $589.6K | $183.9K | $159.6K | — |
| Total Assets | $29.8M | $20.4M | $40.2M | $40.9M | $147.5M |
| Liabilities | |||||
| Accounts Payable | $4.1M | $1.7M | $2.8M | $3.6M | — |
| Total Current Liabilities | $14.4M | $11.3M | $17.5M | $15.9M | $706.2K |
| Long-Term Debt | $82.1M | $70.1M | $54.8M | $23.7M | — |
| Total Liabilities | $96.9M | $81.8M | $72.9M | $33.3M | $5.7M |
| Stockholders' Equity | |||||
| Retained Earnings | $-180.9M | $-139.5M | $-65.6M | $-39.2M | $-2.0M |
| Total Stockholders' Equity | $-67.1M | $-61.4M | $-32.7M | $7.6M | $20.5M |