For the quarter ending 2026-03-31, CENN has $73,250,455 in assets. $35,619,583 in debts. $3,613,841 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Short-term investment | - | 0 | 1,022 | 0 |
| Cash and cash equivalents | 3,613,841 | 4,483,906 | 4,438,499 | 5,992,986 |
| Restricted cash, current | 110,200 | 154,422 | 96,563 | 92,583 |
| Accounts receivable, net | 1,183,764 | 1,281,238 | 1,598,288 | 3,236,747 |
| Inventories, net | 21,987,691 | 21,935,893 | 24,290,180 | 25,437,768 |
| Prepayment and other current assets | 15,541,958 | 15,013,263 | 17,056,889 | 18,610,258 |
| Amounts due from related parties, current | 37,874 | 37,705 | 12,026 | 40,056 |
| Assets held for sale, current | 2,476,107 | 2,726,690 | 4,793,741 | 5,190,864 |
| Total current assets | 44,951,435 | 45,633,117 | 52,287,208 | 58,601,262 |
| Investment in equity security | - | - | 27,383,012 | 27,120,596 |
| Long-term time deposit | - | 0 | 0 | 0 |
| Long-term investments | 3,878,714 | 3,853,261 | 3,785,501 | 3,764,820 |
| Investment in equity securities | - | 0 | - | - |
| Property, plant and equipment, gross | - | 24,696,485 | - | - |
| Less accumulated depreciation | - | 7,703,231 | - | - |
| Impairment | - | 1,076,529 | - | - |
| Property, plant and equipment, net | 15,700,085 | 15,916,725 | 16,731,523 | 17,269,071 |
| Total | - | 7,427,934 | - | - |
| Less accumulated amortization | - | 1,284,158 | - | - |
| Intangible assets, net | 6,088,929 | 6,143,776 | 6,162,330 | 6,244,650 |
| Right-of-use assets | 1,601,622 | 1,855,267 | 5,254,900 | 9,475,879 |
| Other non-current assets, net | 1,029,670 | 1,027,144 | 1,105,265 | 1,922,225 |
| Total non-current assets | 28,299,020 | 28,796,173 | 60,422,531 | 65,797,241 |
| Total assets | 73,250,455 | 74,429,290 | 112,709,739 | 124,398,503 |
| Accounts payable | 4,847,168 | 5,532,563 | 3,717,431 | 3,922,891 |
| Short-term loans and current portion of long-term loans | 2,899 | 1,259,813 | 906,026 | 1,221,453 |
| Accrued expenses and other current liabilities | 9,397,504 | 8,348,095 | 5,221,917 | 4,294,403 |
| Contract liabilities | 4,422,293 | 3,021,544 | 3,699,047 | 4,754,333 |
| Operating lease liabilities, current | 1,458,172 | 1,434,441 | 3,240,088 | 4,841,903 |
| Convertible promissory notes | 3,721,325 | 3,955,897 | 7,466,000 | 10,279,000 |
| Deferred government grant, current | 111,899 | 110,378 | 108,426 | 101,955 |
| Amounts due to a related party | 554,217 | 889,675 | 873,575 | 1,016,042 |
| Liabilities held for sale, current | 2,063,698 | 2,103,088 | 2,121,321 | 2,190,286 |
| Total current liabilities | 26,579,175 | 26,655,494 | 27,353,831 | 32,622,266 |
| Long-term loans | 3,041,461 | 1,214,054 | 0 | 0 |
| Deferred tax liabilities | 127,076 | 142,312 | 155,191 | 168,618 |
| Deferred government grant, non-current | 1,734,441 | 1,738,449 | 1,734,810 | 1,756,743 |
| Derivative liability - investor warrant | - | 0 | 0 | 0 |
| Derivative liability - placement agent warrant | 3,456,763 | 3,457,055 | 3,456,913 | 3,456,797 |
| Operating lease liabilities, non-current | 680,667 | 841,449 | 3,866,042 | 6,647,832 |
| Total non-current liabilities | 9,040,408 | 7,393,319 | 9,212,956 | 12,029,990 |
| Total liabilities | 35,619,583 | 34,048,813 | 36,566,787 | 44,652,256 |
| Common stock (0.0001 par value 1,465,214 shares issued and outstanding as of both march 31, 2026 and december 31, 2025) | 147 | 147 | 0 | 0 |
| Additional paid in capital | 438,405,308 | 437,740,047 | 424,686,055 | 421,530,660 |
| Accumulated deficit | -395,780,186 | -391,872,087 | -341,140,278 | -334,433,987 |
| Accumulated other comprehensive loss | -5,078,560 | -5,585,439 | -7,513,347 | -7,469,155 |
| Total equity attributable to shareholders | 37,546,709 | 40,282,668 | 76,032,430 | 79,627,518 |
| Non-controlling interests | 84,163 | 97,809 | 110,522 | 118,729 |
| Total equity | 37,630,872 | 40,380,477 | 76,142,952 | 79,746,247 |
| Total liabilities and equity | 73,250,455 | 74,429,290 | 112,709,739 | 124,398,503 |
Cenntro Inc. (CENN)
Cenntro Inc. (CENN)