genc: the balance sheet

MyFinsight

For the quarter ending 2025-06-30, GENC has $220,156K in assets. $10,275K in debts. $27,874K in cash and cash equivalents.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-06-30	2025-03-31	2024-12-31
Marketable securities at fair value (cost of 106,365,000 at june 30, 2025 and 88,777,000 at september 30, 2024)	108,097	91,405	90,133
Inventories, net	52,872	55,092	59,668
Prepaid expenses	-	841	1,825
Prepaid expenses and other current assets	1,106	-	-
Contract assets	12,226	4,380	7,921
Cash and cash equivalents	27,874	52,270	39,972
Accounts receivable, less allowance for credit losses of 480,000 at june 30, 2025 and 390,000 at september 30, 2024	3,157	5,155	3,596
Total current assets	205,332	209,143	203,115
Property and equipment, net	10,641	10,726	11,169
Other long-term assets	485	575	294
Deferred income taxes	3,698	3,483	3,572
Total assets	220,156	223,927	218,150

Current operating lease liabilities	369	366	241
Contract liabilities	-	2,796	2,157
Accrued expenses	2,944	3,676	3,136
Accounts payable	2,539	3,552	3,720
Customer deposits	2,427	5,550	7,407
Total current liabilities	8,279	15,940	16,661
Unrecognized tax benefits	1,933	1,778	1,531
Non-current operating lease liabilities	63	156	-
Total liabilities	10,275	17,874	18,192
Retained earnings	195,825	191,997	185,902
Preferred stock, par value .10 per share 300,000 shares authorized none issued	0	0	0
Common stock-Common Class B	232	232	232
Common stock-Common Class Undefined	1,234	1,234	1,234
Capital in excess of par value	12,590	12,590	12,590
Total shareholders' equity	209,881	206,053	199,958
Total liabilities and shareholders' equity	220,156	223,927	218,150