Solesence, Inc.
Balance Sheet
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $2.0M | $1.8M | $1.3M | $1.9M | $3.3M | $4.1M | $2.7M | $5.7M |
| Accounts Receivable | $1.1M | $434.0K | $507.0K | $388.0K | $52.0K | $1.0M | $878.6K | $765.3K |
| Inventory | $1.4M | $772.0K | $662.0K | $950.0K | $976.0K | $1.1M | $1.3M | $1.8M |
| Total Current Assets | $4.6M | $3.4M | $2.7M | $3.6M | $4.5M | $6.6M | $5.3M | $8.7M |
| Property, Plant & Equipment | $1.6M | $1.4M | $1.9M | $2.1M | $2.5M | $3.0M | $3.7M | $4.7M |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $6.3M | $4.8M | $4.6M | $5.7M | $7.0M | $9.7M | $9.1M | $13.5M |
| Liabilities | ||||||||
| Accounts Payable | $1.0M | $669.0K | $508.0K | $493.0K | $503.0K | $680.0K | $319.7K | $918.5K |
| Total Current Liabilities | $2.0M | $1.3M | $878.0K | $976.0K | $857.0K | $1.2M | $819.2K | $2.3M |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $3.0M | $2.1M | $1.7M | $1.9M | $1.7M | $2.1M | $1.6M | $3.0M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-95.7M | $-94.9M | $-93.6M | $-92.4M | $-90.7M | $-88.2M | $-85.8M | $-82.4M |
| Total Stockholders' Equity | $3.2M | $2.8M | $2.9M | $3.8M | $5.4M | $7.6M | $7.5M | $10.4M |