Ultralife Corporation
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $9.3M | $6.9M | $10.2M | $5.6M | $8.3M | $10.6M | $7.1M | $25.6M |
| Accounts Receivable | $33.9M | $29.4M | $31.8M | $27.8M | $20.2M | $21.1M | $30.1M | $16.0M |
| Inventory | $54.0M | $51.4M | $42.2M | $41.2M | $33.2M | $28.2M | $29.8M | $22.8M |
| Total Current Assets | $105.8M | $97.2M | $90.2M | $79.0M | $66.5M | $64.5M | $70.4M | $67.2M |
| Property, Plant & Equipment | $40.4M | $40.5M | $21.1M | $21.7M | $23.2M | $22.9M | $22.5M | $10.7M |
| Goodwill | $45.4M | $45.0M | $37.6M | $37.4M | $38.1M | $27.0M | $26.8M | $20.1M |
| Intangible Assets (Excl. Goodwill) | $10.9M | $24.6M | $15.1M | $15.9M | $17.4M | $9.2M | $9.7M | $6.5M |
| Total Assets | $216.9M | $220.5M | $178.3M | $168.4M | $159.5M | $137.7M | $144.6M | $120.8M |
| Liabilities | ||||||||
| Accounts Payable | $17.4M | $14.2M | $11.3M | $16.1M | $9.8M | $10.8M | $9.4M | $9.9M |
| Total Current Liabilities | $37.3M | $29.3M | $23.7M | $28.9M | $18.9M | $18.7M | $17.2M | $15.4M |
| Long-Term Debt | $45.5M | $51.5M | $23.6M | $19.3M | $18.9M | $0 | $15.8M | — |
| Total Liabilities | $86.8M | $86.3M | $52.8M | $52.0M | $41.8M | $20.8M | $34.8M | $16.4M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-40.3M | $-34.4M | $-40.8M | $-48.0M | $-47.8M | $-47.6M | $-52.8M | $-58.0M |
| Total Stockholders' Equity | $130.0M | $134.0M | $125.3M | $116.3M | $117.6M | $116.8M | $109.7M | $104.5M |