Ispire Technology Inc. (ISPR)
Ispire Technology Inc. (ISPR)
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash | 18,033,652 | 17,565,334 | 22,659,118 | 24,351,765 |
| Restricted cash | 50,000 | 50,000 | 50,000 | NaN |
| Accounts receivable gross | 50,151,620 | NaN | NaN | NaN |
| Allowance for credit losses | 21,500,062 | NaN | NaN | NaN |
| Accounts receivable, net | 28,651,558 | 37,878,353 | 44,522,796 | 39,664,145 |
| Inventories | 5,480,044 | 5,037,414 | 6,162,118 | 6,647,970 |
| Prepaid expenses and other current assets | 3,523,741 | 3,120,978 | 1,733,658 | 2,244,505 |
| Total current assets | 55,738,995 | 63,652,079 | 75,127,690 | 72,908,385 |
| Accounts receivable non current | NaN | NaN | NaN | 7,367,158 |
| Property, plant and equipment gross | NaN | NaN | NaN | 4,238,664 |
| Less accumulated depreciation | NaN | NaN | NaN | 1,285,864 |
| Property, plant and equipment, net | 2,665,534 | 2,599,861 | 2,731,346 | 2,952,800 |
| Intangible assets, net | 2,601,408 | 2,474,037 | 2,340,700 | 2,232,620 |
| Right-of-use assets operating leases | 3,855,373 | 4,335,355 | 4,719,751 | 5,030,005 |
| Other investment | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |
| Equity method investment | 8,839,130 | 9,129,213 | 9,316,267 | 9,515,546 |
| Other non-current assets | 210,617 | 210,617 | 210,617 | 210,617 |
| Total non-current assets | 20,172,062 | 20,749,083 | 21,318,681 | 29,308,746 |
| Total assets | 75,911,057 | 84,401,162 | 96,446,371 | 102,217,131 |
| Accounts payable | 5,005,033 | 3,137,235 | 4,654,008 | 4,172,476 |
| Accounts payable related party | 38,159,288 | 42,444,624 | 47,442,029 | 52,420,256 |
| Contract liabilities | 3,043,470 | 4,971,135 | 2,962,299 | 4,861,250 |
| Accrued liabilities and other payables | 6,003,509 | 6,818,397 | 7,575,391 | 8,099,991 |
| Income tax payable | NaN | 12,590 | 281,856 | NaN |
| Borrowing current portion | 1,092,052 | 1,146,766 | 1,146,766 | 1,146,766 |
| Operating lease liabilities current portion | 1,546,770 | 1,659,698 | 1,750,411 | 1,838,815 |
| Total current liabilities | 54,850,122 | 60,190,445 | 65,812,760 | 72,539,554 |
| Amount due to a related party | 35,000,000 | 29,000,000 | 29,000,000 | 25,000,000 |
| Borrowing net of current portion | NaN | 231,978 | 518,669 | 805,361 |
| Operating lease liabilities net of current portion | 2,265,347 | 2,642,156 | 2,883,856 | 3,267,522 |
| Total non-current liabilities | 37,265,347 | 31,874,134 | 32,402,525 | NaN |
| Total liabilities | 92,115,469 | 92,064,579 | 98,215,285 | 101,612,437 |
| Common stock, par value 0.0001 per share 140,000,000 shares authorized 57,399,396 and 57,193,734 shares issued and outstanding as of march 31, 2026 and june 30, 2025 | 5,740 | 5,729 | 5,729 | 5,719 |
| Treasury stock, at cost | 60,488 | 105,489 | 105,489 | 60,488 |
| Additional paid-in capital | 51,541,046 | 50,593,580 | 49,771,739 | 48,833,601 |
| Accumulated deficit | -67,450,024 | -57,927,041 | -51,324,130 | -48,065,267 |
| Accumulated other comprehensive loss | -240,686 | -230,196 | -116,763 | -108,871 |
| Total stockholders (deficit)/equity | -16,204,412 | -7,663,417 | -1,768,914 | 604,694 |
| Total liabilities and stockholders (deficit)/equity | 75,911,057 | 84,401,162 | 96,446,371 | 102,217,131 |