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Balance Sheets Overview

Current Ratio
67.95%
Quick Ratio
67.39%
Cash Ratio
54.24%
Debt to Asset Ratio
108.27%
Unit: Thousand (K) dollars
Assets Breakdown
    • Cash and cash equivalents
    • Operating lease right-of-use ass...
    • Intangible assets, net
    • Others
Liabilities Breakdown
    • Accumulated deficit
    • Additional paid-in capital
    • Financing obligations, non-curre...
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
10,848
15,489
14,477
3,539
Restricted cash, current
806
806
806
806
Accounts receivable, net
10
37
13
108
Short-term investments
0
5,966
7,557
0
Inventory
112
123
140
4,653
Prepaid expenses and other current assets
1,814
2,353
3,254
2,451
Total current assets
13,590
24,774
26,247
11,557
Property and equipment, net
11,793
16,293
17,224
18,484
Intangible assets, net
2,548
2,615
2,682
4,456
Operating lease right-of-use assets
2,903
3,341
3,767
391
Restricted cash, non-current
918
918
618
618
Other non-current assets
724
631
634
639
Total assets
32,476
48,572
51,172
36,145
Accounts payable
1,234
1,333
3,023
9,467
Accrued and other current liabilities
10,004
9,453
11,097
8,143
Accrued product warranties
798
985
985
2,198
Operating lease liabilities, current
1,919
1,851
1,784
439
Deferred revenue, current
280
346
359
1,330
Financing obligations, current
5,765
9,045
8,044
2,226
Total current liabilities
20,000
23,013
25,292
23,803
Operating lease liabilities, non-current
1,059
1,566
2,060
-
Deferred revenue, non-current-Related Party
-
-
-
5,297
Deferred revenue, non-current - related parties
5,297
5,297
5,297
-
Common stock warrant liabilities
63
229
573
458
Financing obligations, non-current
8,715
8,992
9,291
8,292
Other non-current liabilities
29
29
41
62
Total liabilities
35,163
39,126
42,554
37,912
Common stock (0.0001 par value 1,000,000,000 shares authorized, 32,889,323 and 22,377,003 shares issued and outstanding as of june30, 2026 and december31, 2025, respectively)
3
3
2
2
Additional paid-in capital
874,604
871,184
854,435
820,067
Accumulated deficit
-877,294
-861,741
-845,819
-821,836
Total stockholders' (deficit) equity
-2,687
9,446
8,618
-1,767
Total liabilities and stockholders' (deficit) equity
32,476
48,572
51,172
36,145
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Cash and cashequivalents$10,848K (1261.10%↑ Y/Y)Prepaid expenses andother current assets$1,814K (-60.94%↓ Y/Y)Restricted cash, current$806K (-11.04%↓ Y/Y)Inventory$112K (-97.60%↓ Y/Y)Accounts receivable, net$10K (-93.24%↓ Y/Y)Total current assets$13,590K (21.70%↑ Y/Y)Property and equipment,net$11,793K (-46.13%↓ Y/Y)Operating leaseright-of-use assets$2,903K (276.04%↑ Y/Y)Intangible assets, net$2,548K (-43.67%↓ Y/Y)Restricted cash,non-current$918K (48.54%↑ Y/Y)Other non-currentassets$724K (12.07%↑ Y/Y)Total assets$32,476K (-18.03%↓ Y/Y)Accumulated deficit-$877,294K (-8.11%↓ Y/Y)Total liabilities andstockholders' (deficit)...$32,476K (-18.03%↓ Y/Y)Total stockholders'(deficit) equity-$2,687K (-181.33%↓ Y/Y)Additional paid-in capital$874,604K (7.34%↑ Y/Y)Common stock (0.0001par value...$3K (200.00%↑ Y/Y)Total liabilities$35,163K (-3.17%↓ Y/Y)Total currentliabilities$20,000K (-16.52%↓ Y/Y)Financing obligations,non-current$8,715K Deferred revenue,non-current - related...$5,297K Operating leaseliabilities, non-current$1,059K Common stock warrantliabilities$63K (-86.24%↓ Y/Y)Other non-currentliabilities$29K (-65.06%↓ Y/Y)Accrued and othercurrent liabilities$10,004K (12.72%↑ Y/Y)Financing obligations,current$5,765K Operating leaseliabilities, current$1,919K (120.07%↑ Y/Y)Accounts payable$1,234K (-88.39%↓ Y/Y)Accrued productwarranties$798K (-63.69%↓ Y/Y)Deferred revenue,current$280K (-79.75%↓ Y/Y)

ESS Tech, Inc. (GWH)

ESS Tech, Inc. (GWH)