NAPC Defense, Inc.
Balance Sheet
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $718.4K | $11.8K | — | $206.7K | $47.0K | $197.8K | — | — |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $808.9K | $16.5K | $54.6K | $206.7K | $47.0K | $197.8K | $6.7K | $0 |
| Property, Plant & Equipment | — | — | $143.7K | $161.1K | $21.6K | $36.2K | $147.0K | $0 |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $4.7K | — | — | — | — | $636.0K | $636.0K | $0 |
| Total Assets | $881.6K | $16.5K | $1.8M | $368.8K | $79.6K | $870.9K | $790.7K | $0 |
| Liabilities | ||||||||
| Accounts Payable | $1.3M | $25.0K | $17.5K | $12.9K | $30.4K | $1.6K | $55.5K | $1.9K |
| Total Current Liabilities | $2.9M | $1.2M | $1.0M | $1.2M | $950.6K | $105.9K | $127.4K | $45.2K |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $3.0M | $1.2M | $1.0M | $1.2M | $950.6K | $105.9K | $127.4K | $45.2K |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-11.6M | $-8.4M | $-5.0M | $-4.3M | $-3.3M | $-1.3M | $-681.1K | $-88.9K |
| Total Stockholders' Equity | $-2.1M | $-1.1M | $769.3K | $-799.1K | $-870.9K | $765.0K | $663.4K | $-45.2K |