For the quarter ending 2026-03-31, CVU has $77,305,314 in assets. $50,025,735 in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash | 1,002,548 | 899,199 | 546,591 | 674,481 |
| Accounts receivable, net | 4,165,949 | 5,764,928 | 6,399,594 | 6,054,015 |
| Contract assets, net | 37,021,183 | 33,670,354 | 33,695,994 | 31,027,022 |
| Inventory | 725,908 | 800,823 | 593,605 | 1,025,172 |
| Prepaid expenses and other current assets | 3,055,241 | 2,272,696 | 552,585 | 541,084 |
| Total current assets | 45,970,829 | 43,408,000 | 41,788,369 | 39,321,774 |
| Operating lease right-of-use assets | 9,150,484 | 9,515,207 | 9,871,784 | 10,220,405 |
| Property, plant and equipment, gross | - | 12,131,171 | - | - |
| Less accumulated depreciation and amortization | - | 11,718,618 | - | - |
| Property and equipment, net | 425,879 | 412,553 | 565,542 | 643,476 |
| Deferred tax asset, net | 19,627,037 | 19,894,796 | 19,918,449 | 20,153,104 |
| Goodwill | 1,784,254 | 1,784,254 | 1,784,254 | 1,784,254 |
| Other assets | 346,831 | 229,691 | 127,624 | 132,954 |
| Total assets | 77,305,314 | 75,244,501 | 74,056,022 | 72,255,967 |
| Accounts payable | 16,531,357 | 14,724,293 | 16,487,974 | 15,179,687 |
| Current portion of line of credit | - | - | 1,500,000 | 3,000,000 |
| Accrued expenses | 3,289,821 | 4,763,719 | 4,449,051 | 4,727,857 |
| Contract liabilities | 1,371,571 | 1,628,382 | 1,992,910 | 1,896,936 |
| Loss reserve | 126,676 | 138,426 | 95,082 | 70,137 |
| Current portion of long-term debt | 250,000 | 187,500 | 5,449 | 10,822 |
| Operating lease liabilities, current | 1,468,989 | 1,434,385 | 1,400,596 | 1,367,604 |
| Income taxes payable | 206,540 | 142,540 | 21,253 | 2,348 |
| Total current liabilities | 23,244,954 | 23,019,245 | 25,952,315 | 26,255,391 |
| Line of credit, net of current portion | 9,173,672 | 8,373,672 | 14,390,000 | 13,140,000 |
| Long-term operating lease liabilities | 7,972,638 | 8,353,120 | 8,724,638 | 9,087,405 |
| Long-term debt, net of current portion | 9,634,471 | 9,690,890 | - | - |
| Total liabilities | 50,025,735 | 49,436,927 | 49,066,953 | 48,482,796 |
| Common stock - .001 par value authorized 50,000,000 shares, 13,189,061 and 13,155,061 shares, respectively, issued and outstanding | 13,189 | 13,155 | 12,989 | 12,978 |
| Additional paid-in capital | 75,377,421 | 75,142,168 | 75,015,659 | 74,913,464 |
| Accumulated deficit | -48,111,031 | -49,347,749 | -50,039,579 | -51,153,271 |
| Total shareholders equity | 27,279,579 | 25,807,574 | 24,989,069 | 23,773,171 |
| Total liabilities and shareholders equity | 77,305,314 | 75,244,501 | 74,056,022 | 72,255,967 |
CPI AEROSTRUCTURES INC (CVU)
CPI AEROSTRUCTURES INC (CVU)