QUEST PATENT RESEARCH CORPORATION
Balance Sheet
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $165.5K | $208.3K | $331.5K | $91.7K | $159 | $18.6K | $42.2K | $11.9K |
| Accounts Receivable | $2.8K | $55.0K | $41.6K | $22.5K | $4.2K | $5.8K | $1.5K | $6.5K |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $170.9K | $265.8K | $379.0K | $115.9K | $20.2K | $24.4K | $43.7K | $18.4K |
| Property, Plant & Equipment | — | — | — | — | — | — | — | — |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $2.5M | $2.1M | $2.3M | — | — | — | — | — |
| Total Assets | $2.6M | $2.3M | $2.7M | $115.9K | $20.2K | $24.4K | $43.7K | $18.4K |
| Liabilities | ||||||||
| Accounts Payable | — | — | — | — | — | — | — | — |
| Total Current Liabilities | $4.4M | $3.7M | $1.5M | $470.2K | $4.4M | $3.5M | $2.9M | $2.3M |
| Long-Term Debt | — | — | $1.3M | — | — | — | — | — |
| Total Liabilities | $5.1M | $3.7M | $2.9M | $470.2K | $4.4M | $3.5M | $2.9M | $2.3M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-16.5M | $-15.4M | $-14.4M | $-14.1M | $-13.9M | $-13.1M | $-12.4M | $-11.7M |
| Total Stockholders' Equity | $-2.4M | $-1.3M | $-183.2K | $-356.2K | $-4.4M | $-3.5M | $-2.9M | $-2.2M |