Sparta Commercial Services, Inc.
Balance Sheet
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $118.1K | $131.0K | $101.0K | $4.0K | $317 | $396 | — | $13 |
| Accounts Receivable | $6.7K | $5.2K | $6.7K | — | — | $469 | $1.4K | $3.0K |
| Inventory | $1.0K | $4.6K | $3.0K | — | $8.4K | $13.8K | $23.3K | $9.8K |
| Total Current Assets | $152.7K | $747.6K | $110.7K | $4.0K | $317 | $14.7K | $25.2K | $14.6K |
| Property, Plant & Equipment | — | — | — | — | — | — | — | $357 |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $161.7K | $756.6K | $119.7K | $13.0K | $9.3K | $33.3K | $43.8K | $33.6K |
| Liabilities | ||||||||
| Accounts Payable | $1.6M | $1.3M | $1.2M | $1.7M | $3.7M | $3.6M | $3.4M | $4.0M |
| Total Current Liabilities | $11.7M | $10.3M | $9.1M | $9.8M | $12.4M | $12.2M | $11.2M | $11.6M |
| Long-Term Debt | — | $8.4M | $7.2M | $5.1M | $4.7M | $4.7M | $4.9M | $4.1M |
| Total Liabilities | $12.5M | $11.3M | $9.8M | $10.3M | $13.0M | $12.7M | $11.6M | $12.0M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-71.8M | $-68.9M | $-66.8M | $-66.2M | $-67.2M | $-65.0M | $-62.7M | $-61.9M |
| Total Stockholders' Equity | $-13.3M | $-11.6M | $-10.6M | $-11.2M | $-13.9M | $-13.6M | $-12.6M | $-13.0M |