Performance Shipping Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $48.2M | $70.3M | $67.3M | $38.7M | $9.6M | $21.4M | $26.3M | $10.5M |
| Accounts Receivable | $6.3M | $5.8M | $8.3M | $9.1M | $3.8M | $3.5M | $4.0M | $110.0K |
| Inventory | $949.0K | $549.0K | $2.2M | $3.0M | $4.3M | $2.0M | $2.2M | $634.0K |
| Total Current Assets | $58.0M | $78.7M | $79.9M | $53.5M | $19.4M | $28.4M | $35.4M | $12.0M |
| Property, Plant & Equipment | $498.5M | $248.1M | $213.5M | $236.7M | $123.2M | $129.2M | $59.4M | $0 |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $559.9M | $330.4M | $296.3M | $293.0M | $144.9M | $157.9M | $130.6M | $100.1M |
| Liabilities | ||||||||
| Accounts Payable | $3.4M | $2.2M | $4.6M | $4.6M | $5.7M | $1.5M | $1.3M | $1.2M |
| Total Current Liabilities | $26.2M | $14.9M | $15.3M | $26.1M | $15.2M | $10.8M | $8.1M | $2.9M |
| Long-Term Debt | — | $47.5M | $54.9M | $127.7M | $49.9M | $49.9M | $28.0M | $0 |
| Total Liabilities | $236.4M | $55.2M | $63.1M | $137.3M | $57.6M | $61.1M | $36.3M | $4.5M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-211.1M | $-259.2M | $-301.1M | $-358.0M | $-370.1M | $-360.4M | $-365.2M | $-333.2M |
| Total Stockholders' Equity | $323.4M | $275.2M | $233.2M | $155.7M | $87.3M | $96.8M | $94.2M | $95.6M |