QT Imaging Holdings, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Assets | |||||
| Cash & Equivalents | $10.4M | $1.2M | — | — | — |
| Accounts Receivable | $5.8M | $67.0K | $1.3K | — | — |
| Inventory | $5.0M | $3.1M | $4.4M | — | — |
| Total Current Assets | $22.1M | $4.9M | $4.8M | $250.7K | $1.2M |
| Property, Plant & Equipment | $318.0K | $196.0K | $490.9K | — | — |
| Goodwill | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — |
| Total Assets | $23.0M | $6.1M | $6.7M | $41.9M | $233.6M |
| Liabilities | |||||
| Accounts Payable | $3.6M | $803.0K | $1.4M | $195.1K | $28.1K |
| Total Current Liabilities | $7.9M | $9.8M | $7.3M | $4.2M | $633.6K |
| Long-Term Debt | $10.1M | $9.9M | — | — | — |
| Total Liabilities | $16.6M | $15.6M | $12.0M | $13.4M | $10.2M |
| Stockholders' Equity | |||||
| Retained Earnings | $-53.0M | $-31.9M | $-17.8M | $-13.1M | $-8.9M |
| Total Stockholders' Equity | $6.4M | $-9.5M | $-5.3M | $-13.1M | $-8.9M |