Paranovus Entertainment Technology Ltd.
Balance Sheet
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $10.3M | $261.4K | $341.8K | $3.4M | $19.7M | $36.6M | $33.7M | $14.8M |
| Accounts Receivable | $436.6K | $0 | $11.4K | $0 | $27.4M | $34.6M | $30.0M | $32.0M |
| Inventory | $118.8K | $653.3K | $0 | $335.0K | $1.4M | $1.8M | $2.0M | $2.0M |
| Total Current Assets | $20.2M | $7.2M | $2.9M | $9.8M | $56.6M | $95.1M | $70.0M | $54.8M |
| Property, Plant & Equipment | $105.2K | $24.9K | $0 | $13.5K | $11.2M | $10.5M | $7.9M | $7.8M |
| Goodwill | $10.9M | $17.5M | $3.4M | $5.2M | $10.1M | $162.8K | — | — |
| Intangible Assets (Excl. Goodwill) | $5.4M | $10.8M | $1.5M | $1.9M | $10.1M | $1.8M | $719.7K | $774.4K |
| Total Assets | $36.9M | $35.6M | $7.7M | $36.3M | $97.4M | $112.7M | $85.1M | $65.7M |
| Liabilities | ||||||||
| Accounts Payable | $1.4M | $1.7M | $0 | $13.5M | $12.2M | $8.8M | $1.5M | $1.7M |
| Total Current Liabilities | $2.5M | $6.4M | $2.6M | $21.0M | $17.9M | $15.1M | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $3.9M | $6.6M | $2.6M | $22.5M | $20.0M | $15.1M | $5.5M | $4.8M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-83.0M | $-70.3M | $-62.0M | $-59.5M | $12.3M | $61.5M | $66.6M | $53.9M |
| Total Stockholders' Equity | $31.2M | $24.3M | $5.6M | $14.8M | $78.1M | $94.7M | $79.6M | $60.9M |