UPAY, Inc.
Balance Sheet
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $96.3K | $55.4K | $642.8K | $663.0K | $1.2M | $307.9K | $287.4K | $691.2K |
| Accounts Receivable | $44.6K | $39.7K | $73.4K | $68.4K | $92.6K | $106.3K | $95.0K | $102.7K |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $153.6K | $147.7K | $719.1K | $733.0K | $1.3M | $419.3K | $385.9K | $798.8K |
| Property, Plant & Equipment | $13.0K | $15.9K | $22.6K | $17.1K | $57.5K | $98.7K | $136.9K | $224.1K |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $227.4K | $234.1K | $770.3K | $833.3K | $1.5M | $627.5K | $560.2K | $1.0M |
| Liabilities | ||||||||
| Accounts Payable | $138.3K | $133.2K | $572.9K | $760.6K | $1.3M | $356.5K | $329.3K | $774.1K |
| Total Current Liabilities | $420.3K | $534.2K | $949.0K | $1.1M | $1.5M | $411.1K | $346.4K | $785.7K |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $741.3K | $703.0K | $1.0M | $1.2M | $1.7M | $560.4K | $373.2K | $825.6K |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-3.6M | $-2.2M | $-1.6M | $-887.0K | $-751.5K | $-382.7K | $-203.1K | $-182.4K |
| Total Stockholders' Equity | $-513.9K | $-468.9K | $-254.8K | $-382.0K | $-255.5K | $67.1K | $187.0K | $197.4K |