QUEST PATENT RESEARCH CORPORATION
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $192.6K | $482.0K | $563.5K | $90.6K | $264.8K | $247.9K | $537.2K | $166.9K |
| Accounts Receivable | $8.3K | $8.3K | $3.0M | — | — | $1.0M | $1.9M | — |
| Inventory | — | — | — | — | $1.8K | $65.4K | — | — |
| Total Current Assets | $207.3K | $502.3K | $3.6M | $95.9K | $277.1K | $1.3M | $2.4M | $169.3K |
| Property, Plant & Equipment | — | — | — | — | — | — | — | — |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $10.2M | $3.0M | $3.7M | $1.1M | $539.5K | $2.2M | $2.8M | $2.0M |
| Total Assets | $10.4M | $3.5M | $7.3M | $1.2M | $816.6K | $3.5M | $5.2M | $2.2M |
| Liabilities | ||||||||
| Accounts Payable | — | — | — | — | — | — | — | — |
| Total Current Liabilities | $27.4M | $12.0M | $13.3M | $9.6M | $8.4M | $9.5M | $9.5M | $5.8M |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $27.6M | $12.2M | $13.5M | $9.8M | $8.7M | $10.3M | $11.0M | $6.8M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-34.9M | $-26.4M | $-23.9M | $-26.2M | $-25.4M | $-21.3M | $-20.0M | $-18.7M |
| Total Stockholders' Equity | $-17.2M | $-8.7M | $-6.2M | $-8.6M | $-7.9M | $-6.8M | $-5.8M | $-4.5M |