For the quarter ending 2025-09-30, CYAN has $24,027K in assets. $15,962K in debts. $649K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 649 | 383 | ||
| Accounts receivable, net of allowance for credit losses of 9 as of september 30, 2025 and 16 as of march 31, 2025 | 2,354 | 1,560 | ||
| Inventories | 8,378 | 8,110 | ||
| Prepaid expenses and other current assets | 550 | 470 | ||
| Total current assets | 11,931 | 10,523 | ||
| Equipment and leasehold improvements, gross | 37,664 | - | ||
| Less accumulated depreciation and amortization | 29,560 | - | ||
| Construction-in-progress | 249 | - | ||
| Property, plant and equipment, net | 8,353 | 8,590 | ||
| Operating lease right-of-use assets, net | 3,632 | 3,769 | ||
| Other assets | 111 | 113 | ||
| Total assets | 24,027 | 22,995 | ||
| Accounts payable | 2,971 | 2,234 | ||
| Accrued expenses | 920 | 740 | ||
| Customer deposits | 67 | 106 | ||
| Operating lease obligations, current portion | 576 | 566 | ||
| Short-term debt - bank | 370 | 565 | ||
| Line of credit - related party-Related Party | 4,200 | 3,750 | ||
| Current maturities of long-term debt-Nonrelated Party | 2,788 | 2,817 | ||
| Total current liabilities | 11,892 | 10,778 | ||
| Long-term debt - related party | 1,000 | 1,000 | ||
| Long-term operating lease obligations | 3,070 | 3,217 | ||
| Total liabilities | 15,962 | 14,995 | ||
| Common stock of 0.02 par value, 50,000,000 shares authorized 7,392,243 shares at september 30, 2025 and 7,199,908 shares at march 31, 2025 issued and outstanding | 148 | 145 | ||
| Additional paid-in capital | 34,946 | 34,885 | ||
| Accumulated deficit | -27,029 | -27,030 | ||
| Total stockholders' equity | 8,065 | 8,000 | ||
| Total liabilities and stockholders' equity | 24,027 | 22,995 | ||
CYANOTECH CORP (CYAN)
CYANOTECH CORP (CYAN)