Norris Industries, Inc.
Balance Sheet
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | — | — | — | — | — | $160.6K | $158.1K | $125.8K |
| Accounts Receivable | $23.8K | $27.2K | $17.0K | $24.2K | $70.9K | $32.9K | $38.5K | $71.1K |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $69.2K | $112.9K | $71.2K | $175.9K | $210.5K | $193.5K | $196.6K | $196.9K |
| Property, Plant & Equipment | — | — | — | — | — | — | — | $7.7K |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $252.4K | $348.4K | $457.7K | $338.1K | $387.1K | $414.4K | $854.8K | $2.7M |
| Liabilities | ||||||||
| Accounts Payable | $228.2K | $154.8K | $121.0K | $125.6K | $139.4K | $171.6K | $94.3K | $32.5K |
| Total Current Liabilities | $228.2K | $154.8K | $121.0K | $125.6K | $139.4K | $405.1K | $236.8K | $101.7K |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $5.1M | $4.5M | $5.4M | $4.6M | $4.2M | $3.7M | $3.0M | $2.0M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-12.6M | $-12.0M | $-11.3M | $-10.7M | $-10.2M | $-9.7M | $-8.6M | $-5.7M |
| Total Stockholders' Equity | $-4.8M | $-4.9M | $-5.7M | $-4.3M | $-3.8M | $-3.3M | $-2.2M | $616.9K |