Workhorse Group, Inc.
Balance Sheet
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $4.1M | $469.6K | $7.7M | $442.3K | $7.0K | $39.8K | $89.5K | $89.5K |
| Accounts Receivable | $1.0M | $628.7K | — | — | — | — | $5.0K | $58.0K |
| Inventory | $4.6M | $2.5M | $78.9K | $392.8K | $392.8K | $41.0K | $122.0K | — |
| Total Current Assets | $10.7M | $3.9M | $10.9M | $909.6K | $443.7K | $93.8K | $267.7K | $453.2K |
| Property, Plant & Equipment | $5.6M | $6.0M | $3.7M | $4.0M | $4.4M | $126.8K | $182.2K | $76.2K |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $16.5M | $10.2M | $14.6M | $5.0M | $4.9M | $220.7K | $449.9K | $529.4K |
| Liabilities | ||||||||
| Accounts Payable | $5.7M | $3.1M | $1.6M | $1.6M | $1.5M | $1.3M | $1.4M | $451.4K |
| Total Current Liabilities | $6.5M | $4.3M | $18.4M | $3.3M | $4.5M | $2.4M | $1.9M | $784.6K |
| Long-Term Debt | $1.7M | $2.1M | $2.8M | $2.5M | $2.3M | $362.2K | $69.6K | $25.3K |
| Total Liabilities | $13.0M | $6.4M | $18.4M | $5.8M | $6.8M | $2.8M | $2.0M | $809.9K |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-104.3M | $-63.1M | $-43.5M | $-34.1M | — | — | — | — |
| Total Stockholders' Equity | $3.5M | $3.8M | $-3.8M | $-809.4K | $-1.9M | $-2.6M | $-1.6M | $-280.5K |