UTStarcom Holdings Corp.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $33.8M | $43.9M | $50.0M | $54.5M | $53.8M | $34.2M | $35.0M | $57.0M |
| Accounts Receivable | — | $4.8M | $8.4M | $11.9M | $27.4M | $49.6M | $77.8M | $60.7M |
| Inventory | $1.3M | $1.9M | $795.0K | $1.3M | $1.5M | $6.7M | $6.1M | $26.4M |
| Total Current Assets | $51.6M | $63.1M | $70.6M | $81.8M | $97.8M | $109.9M | $137.1M | $160.2M |
| Property, Plant & Equipment | $709.0K | $476.0K | $610.0K | $604.0K | $602.0K | $620.0K | $1.1M | $1.3M |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $55.9M | $68.2M | $77.5M | $89.2M | $108.3M | $118.7M | $151.3M | $177.4M |
| Liabilities | ||||||||
| Accounts Payable | $4.2M | $7.0M | $8.0M | $13.0M | $19.0M | $25.1M | $30.9M | $50.8M |
| Total Current Liabilities | $18.0M | $21.5M | $23.4M | $28.9M | $35.4M | $40.0M | $49.0M | $69.8M |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $19.4M | $23.0M | $26.1M | $31.8M | $39.9M | $41.3M | $52.1M | $75.3M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-1.27B | $-1.26B | $-1.26B | $-1.25B | $-1.25B | $-1.24B | $-1.22B | $-1.21B |
| Total Stockholders' Equity | $36.5M | $45.2M | $51.4M | $57.5M | $68.4M | $77.4M | $99.2M | $102.2M |