AgEagle Aerial Systems, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | — | $3.6M | $819.0K | $4.3M | $14.6M | $23.9M | $718.0K | $2.6M |
| Accounts Receivable | $3.4M | $1.4M | $2.1M | $2.2M | $2.9M | — | $65.8K | $93 |
| Inventory | $5.7M | $5.5M | $6.9M | $6.7M | $4.0M | $135.6K | $221.2K | $149.5K |
| Total Current Assets | $39.5M | $10.9M | $10.5M | $14.5M | $23.0M | $24.8M | $1.1M | $2.8M |
| Property, Plant & Equipment | $331.8K | $455.6K | $799.9K | $791.2K | $952.1K | $122.6K | $37.8K | $28.4K |
| Goodwill | $0 | $4.5M | $7.4M | $23.2M | $64.9M | $3.1M | $3.1M | $3.3M |
| Intangible Assets (Excl. Goodwill) | $56.9K | $2.0M | $2.6M | $11.5M | $13.6M | $440.5K | $520.6K | $677.1K |
| Total Assets | $42.2M | $20.6M | $25.2M | $54.2M | $104.7M | $28.7M | $4.8M | $6.8M |
| Liabilities | ||||||||
| Accounts Payable | $1.6M | $2.8M | $3.1M | $1.8M | $2.5M | $159.8K | $57.4K | $197.8K |
| Total Current Liabilities | $5.0M | $7.9M | $11.0M | $5.4M | $17.1M | $2.2M | $521.9K | $300.4K |
| Long-Term Debt | $209.6K | $274.4K | $489.0K | $446.8K | $808.0K | $17.9K | — | — |
| Total Liabilities | $6.5M | $26.3M | $14.5M | $11.0M | $28.1M | $2.4M | $521.9K | $300.4K |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-231.2M | $-218.4M | $-165.6M | $-111.6M | $-51.1M | $-20.9M | $-8.2M | $-5.7M |
| Total Stockholders' Equity | $35.7M | $-5.7M | $10.7M | $43.2M | $76.6M | $26.4M | $4.3M | $6.5M |