Right On Brands, Inc.
Balance Sheet
| Line Item | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $59.4K | $20.3K | $43.9K | $33.3K | $15.0K | $12.3K | $15.3K | $28.1K |
| Accounts Receivable | $12.6K | $24.4K | $30.2K | $1.8K | — | — | — | $0 |
| Inventory | $101.2K | $136.4K | $107.4K | $116.1K | $95.4K | $156.2K | $142.0K | $114.9K |
| Total Current Assets | $176.3K | $184.4K | $184.7K | $154.5K | $125.5K | $183.8K | $172.4K | $152.2K |
| Property, Plant & Equipment | $5.7K | $7.1K | $8.5K | $9.9K | $11.3K | $12.7K | $14.1K | $15.5K |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $211.8K | $222.2K | $229.7K | $206.8K | $185.2K | $250.8K | $246.9K | $234.1K |
| Liabilities | ||||||||
| Accounts Payable | $73.6K | $87.8K | $77.9K | $63.2K | $74.2K | $74.2K | $57.4K | $56.7K |
| Total Current Liabilities | $1.0M | $855.3K | $792.6K | $684.8K | $697.8K | $688.3K | $582.4K | $757.6K |
| Long-Term Debt | — | — | — | — | — | — | $495.8K | $463.4K |
| Total Liabilities | $1.0M | $862.9K | $805.9K | $703.9K | $722.7K | $719.0K | $619.0K | $800.1K |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-16.2M | $-15.9M | $-15.8M | $-15.8M | $-15.7M | $-15.7M | $-15.6M | $-15.8M |
| Total Stockholders' Equity | $-806.2K | $-665.1K | $-600.7K | $-521.5K | $-537.5K | $-468.2K | $-372.1K | $-590.4K |