TELOS CORPORATION
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $53.2M | $54.6M | $99.3M | $119.3M | $126.6M | $106.0M | $6.8M | $72.0K |
| Accounts Receivable | $17.0M | $19.2M | $30.4M | $40.1M | $59.8M | $30.9M | $27.9M | $34.5M |
| Inventory | $996.0K | $1.8M | $1.4M | $2.9M | $1.2M | $3.3M | $2.0M | $4.4M |
| Total Current Assets | $94.4M | $91.4M | $140.0M | $168.0M | $191.7M | $144.1M | $40.2M | $41.2M |
| Property, Plant & Equipment | $3.1M | $4.3M | $3.5M | $4.8M | $6.1M | $22.4M | $19.6M | $17.4M |
| Goodwill | $3.0M | $17.9M | $17.9M | $17.9M | $17.9M | $14.9M | $14.9M | $14.9M |
| Intangible Assets (Excl. Goodwill) | $30.3M | $30.4M | $39.6M | $37.4M | $19.2M | $7.4M | — | — |
| Total Assets | $139.9M | $158.2M | $208.7M | $237.4M | $246.1M | $183.8M | $77.7M | $74.5M |
| Liabilities | ||||||||
| Accounts Payable | $4.1M | $1.2M | $8.3M | $12.6M | $7.9M | $14.7M | $13.6M | $18.5M |
| Total Current Liabilities | $36.8M | $22.1M | $39.2M | $45.5M | $50.9M | $38.9M | $37.3M | $39.1M |
| Long-Term Debt | — | — | — | — | — | — | — | $11.0M |
| Total Liabilities | $43.9M | $31.1M | $49.7M | $65.0M | $65.8M | $56.7M | $214.3M | $206.6M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-363.9M | $-327.3M | $-274.8M | $-240.4M | $-187.0M | $-143.8M | $-145.5M | $-139.1M |
| Total Stockholders' Equity | $96.0M | $127.1M | $159.0M | $172.4M | $180.3M | $127.1M | $-141.1M | $-134.7M |