The OLB Group, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $15.8K | $27.4K | $179.0K | $434.0K | $3.5M | $3.8M | $507.6K | $111.6K |
| Accounts Receivable | $17.4K | $100.6K | $466.9K | $1.1M | $670.8K | $356.0K | $479.4K | $406.1K |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $1.1M | $745.7K | $1.8M | $3.4M | $4.9M | $4.2M | $1.1M | $547.1K |
| Property, Plant & Equipment | $2.7M | $3.3M | $5.9M | $7.3M | $9.0M | $19.8K | $36.7K | $65.9K |
| Goodwill | $8.1M | $8.1M | $8.1M | $6.9M | $6.9M | $6.9M | $6.9M | $6.9M |
| Intangible Assets (Excl. Goodwill) | — | $3.7K | $3.5M | $500.0K | $1.0M | $1.5M | $2.0M | $2.2M |
| Total Assets | $12.3M | $12.7M | $19.7M | $38.7M | $45.5M | $14.4M | $11.9M | $12.0M |
| Liabilities | ||||||||
| Accounts Payable | $4.5M | $4.2M | $3.5M | $513.3K | $501.8K | $360.0K | $592.9K | $467.5K |
| Total Current Liabilities | $7.7M | $9.4M | $7.2M | $3.6M | $3.9M | $999.2K | $2.5M | $1.2M |
| Long-Term Debt | — | — | — | $406.3K | — | — | — | — |
| Total Liabilities | $7.7M | $9.5M | $7.4M | $4.0M | $4.1M | $8.6M | $14.7M | $13.7M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-74.4M | $-67.8M | $-56.6M | $-33.4M | $-25.6M | $-20.6M | $-18.9M | $-17.5M |
| Total Stockholders' Equity | $4.6M | $3.2M | $12.2M | $34.6M | $41.4M | $5.5M | $-2.8M | $-1.7M |