Stemtech Corporation
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $238.2K | $255.3K | $114.2K | $132.5K | $828.2K | $133.1K | $714 | $8.2K |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | $217.3K | $197.4K | $48.3K | $158.1K | $436.4K | $198.6K | — | — |
| Total Current Assets | $457.1K | $921.7K | $400.7K | $612.4K | $1.6M | $573.1K | $2.0K | $10.5K |
| Property, Plant & Equipment | — | $0 | $10.1K | $27.3K | $33.2K | $54.2K | — | — |
| Goodwill | $467.4K | $467.4K | $467.4K | $467.4K | $467.4K | $467.4K | — | — |
| Intangible Assets (Excl. Goodwill) | $2.2M | $2.4M | $2.7M | $3.0M | $3.4M | $3.8M | $907 | $4.3K |
| Total Assets | $3.1M | $3.8M | $3.7M | $4.3M | $5.7M | $5.0M | $2.9K | $14.8K |
| Liabilities | ||||||||
| Accounts Payable | $5.4M | $4.3M | $2.7M | $3.4M | $4.1M | $2.9M | $6.7K | $1.1K |
| Total Current Liabilities | $10.6M | $8.7M | $6.5M | $7.4M | $9.4M | $3.7M | — | — |
| Long-Term Debt | $4.2M | $3.8M | $3.5M | $929.1K | — | — | — | — |
| Total Liabilities | $10.6M | $8.7M | $6.5M | $7.4M | $9.7M | $3.7M | $194.3K | $172.4K |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-34.9M | $-30.8M | $-27.1M | $-21.6M | $-13.1M | $-6.0M | $-294.3K | $-260.5K |
| Total Stockholders' Equity | $-7.0M | $-4.5M | $-2.0M | $-2.4M | $-3.4M | $1.3M | $-198.0K | $-157.6K |