For the quarter ending 2025-09-30, ATLN has $110,256,767 in assets. $132,321,765 in debts. $83,406 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 83,406 | 374,745 | ||
| Accounts receivable, net of allowance of 2,640,971 and 2,726,107 | 47,451,447 | 46,717,715 | ||
| Unbilled accounts receivable | 12,406,011 | 9,413,403 | ||
| Prepaid expenses and other current assets | 3,758,015 | 3,614,154 | ||
| Deposits, current | 8,000,000 | 8,000,000 | ||
| Total current assets | 71,698,879 | 68,120,017 | ||
| Property and equipment, net | 247,669 | 265,221 | ||
| Right-of-use assets | 2,157,827 | 2,452,484 | ||
| Intangible assets, net | 27,800,556 | 28,998,890 | ||
| Due from related parties-Related Party | 7,417,863 | 6,067,963 | ||
| Other assets | 933,973 | 859,065 | ||
| Total non-current assets | 38,557,888 | 38,643,623 | ||
| Total assets | 110,256,767 | 106,763,640 | ||
| Accounts payable | 5,298,358 | 3,157,391 | ||
| Accrued expenses and other current liabilities | 19,602,641 | 44,185,971 | ||
| Peo liability and accrued interest | 28,813,099 | - | ||
| Due to related parties-Related Party | 0 | 0 | ||
| Current operating lease liabilities | 1,153,020 | 1,284,340 | ||
| Line of credit, current portion | 1,950,000 | 1,950,000 | ||
| Notes payable, current portion-Nonrelated Party | 1,375,000 | 1,375,000 | ||
| Total current liabilities | 58,192,118 | 51,952,702 | ||
| Line of credit, net of current portion | 38,202,060 | 37,208,102 | ||
| Notes payable, net of current portion - related parties-Related Party | 34,859,199 | 34,835,733 | ||
| Non-current operating lease liabilities | 1,068,388 | 1,231,518 | ||
| Total non-current liabilities | 74,129,647 | 73,275,353 | ||
| Total liabilities | 132,321,765 | 125,228,055 | ||
| Common stock, 0.00001 par value 300,000,000 shares authorized 55,713,259 and 53,130,946 shares issued and outstanding as of september30, 2025 and december31, 2024, respectively | 558 | 546 | ||
| Additional paid-in capital | 145,697,032 | 138,477,283 | ||
| Accumulated deficit | -167,762,588 | -156,942,244 | ||
| Total stockholders (deficit) | -22,064,998 | -18,464,415 | ||
| Total liabilities and stockholders (deficit) | 110,256,767 | 106,763,640 | ||
ATLANTIC INTERNATIONAL CORP. (ATLN)
ATLANTIC INTERNATIONAL CORP. (ATLN)