For the quarter ending 2025-12-31, FKWL has $53,028,467 in assets. $14,764,268 in debts.
| Balance Sheets | 2025-12-31 | 2025-09-30 | 2025-06-30 | |
|---|---|---|---|---|
| Cash and cash equivalents | 9,362,857 | 13,380,124 | 14,741,173 | |
| Short-term investments | 24,260,435 | 25,334,511 | 25,887,028 | |
| Accounts receivable, net | 10,356,344 | 6,782,714 | 1,330,504 | |
| Other receivable due from officer | 662,596 | 662,596 | 662,596 | |
| Inventories, net | 2,110,116 | 995,364 | 2,358,335 | |
| Other current assets | 354,903 | 126,484 | 143,666 | |
| Advance payments to vendors | 58,335 | 110,737 | 56,988 | |
| Total current assets | 47,165,586 | 47,392,530 | 45,180,290 | |
| Property and equipment, net | 58,268 | 60,545 | 72,882 | |
| Intangible assets, net | 952,973 | 865,648 | 1,014,112 | |
| Deferred tax assets, non-current | 3,254,625 | 3,273,622 | 3,273,622 | |
| Goodwill | 273,285 | 273,285 | 273,285 | |
| Right of use assets, net | 1,195,514 | 1,288,492 | 1,382,294 | |
| Other assets | 128,216 | 130,363 | 133,545 | |
| Total assets | 53,028,467 | 53,284,485 | 51,330,030 | |
| Accounts payable | 10,219,497 | 9,620,211 | 8,119,055 | |
| Contract liabilities and advance from customers | 121,354 | 115,920 | 125,300 | |
| Income tax payable | 3,754 | 30,870 | - | |
| Accrued liabilities, bonus payable to an officer | 2,875,000 | 2,750,000 | 2,625,000 | |
| Accrued liabilities, others | 349,150 | 1,114,897 | 1,172,044 | |
| Lease liabilities, current | 351,829 | 371,550 | 375,343 | |
| Total current liabilities | 13,920,584 | 14,003,448 | 12,416,742 | |
| Lease liabilities, non-current | 843,684 | 922,958 | 1,018,985 | |
| Total liabilities | 14,764,268 | 14,926,406 | 13,435,727 | |
| Common stock, par value 0.001 per share, authorized 50,000,000 shares 11,784,280 shares issued and outstanding | 14,263 | 14,263 | 14,263 | |
| Additional paid-in capital | 14,337,826 | 14,337,826 | 14,337,826 | |
| Retained earnings | 25,596,837 | 25,534,586 | 24,894,108 | |
| Treasury stock, 2,549,208 shares | 3,554,893 | 3,554,893 | 3,554,893 | |
| Accumulated other comprehensive loss | -1,263,582 | -1,204,421 | -1,146,862 | |
| Total parent company stockholders equity | 35,130,451 | 35,127,361 | 34,544,442 | |
| Non-controlling interests | 3,133,748 | 3,230,718 | 3,349,861 | |
| Total stockholders equity | 38,264,199 | 38,358,079 | 37,894,303 | |
| Total liabilities and stockholders equity | 53,028,467 | 53,284,485 | 51,330,030 | |
FRANKLIN WIRELESS CORP (FKWL)
FRANKLIN WIRELESS CORP (FKWL)