For the quarter ending 2025-12-31, ISSC has $109,935,501 in assets. $41,191,084 in debts. $8,285,185 in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2025-09-30 | 2025-06-30 | |
|---|---|---|---|---|
| Cash and cash equivalents | 8,285,185 | 2,693,595 | 601,759 | |
| Accounts receivable | 14,500,225 | 12,956,476 | 11,536,254 | |
| Contract assets | 3,205,322 | 5,320,353 | 1,135,671 | |
| Inventories | 28,273,798 | 25,802,181 | 20,722,664 | |
| Prepaid inventory | 2,097,884 | 2,562,297 | 3,872,279 | |
| Prepaid expenses and other current assets | 2,000,862 | 1,392,398 | 1,942,806 | |
| Total current assets | 58,363,276 | 50,727,300 | 39,811,433 | |
| Goodwill | 6,703,104 | 6,703,104 | 6,703,104 | |
| Intangible assets, net | 22,952,864 | 23,582,615 | 24,135,372 | |
| Property and equipment, net | 19,518,802 | 18,804,536 | 18,153,271 | |
| Deferred income taxes | 1,688,769 | 2,824,132 | 2,583,542 | |
| Other assets | 708,686 | 718,466 | 397,866 | |
| Total assets | 109,935,501 | 103,360,153 | 91,784,588 | |
| Current portion of long-term debt, net | 2,440,151 | 2,438,802 | - | |
| Accounts payable | 7,508,611 | 3,578,411 | 5,109,191 | |
| Accrued expenses | 6,236,788 | 8,161,967 | 3,639,396 | |
| Contract liability | 3,519,331 | 2,481,929 | 2,529,533 | |
| Total current liabilities | 19,704,881 | 16,661,109 | 11,278,120 | |
| Long-term debt, net | 21,089,706 | 21,700,005 | 23,258,511 | |
| Other liabilities | 396,497 | 396,497 | 459,131 | |
| Preferred stock, 10,000,000 shares authorized, .001 par value, of which 200,000 shares are authorized as class a convertible stock. no shares issued and outstanding at june 30, 2025 and september 30, 2024 | - | - | 0 | |
| Total liabilities | 41,191,084 | 38,757,611 | 34,995,762 | |
| Common stock, .001 par value 75,000,000 shares authorized, 18,110,874 and 17,970,453 issued at december 31, 2025 and september 30, 2025, respectively | 17,772 | 17,631 | 19,716 | |
| Additional paid-in capital | 39,833,801 | 39,751,130 | 56,954,206 | |
| Retained earnings | 32,353,816 | 28,294,753 | 21,183,441 | |
| Treasury stock, at cost, 339,644 shares at december 31, 2025 and at september 30, 2025, respectively | 3,460,972 | 3,460,972 | 21,368,537 | |
| Total shareholders' equity | 68,744,417 | 64,602,542 | 56,788,826 | |
| Total liabilities and shareholders' equity | 109,935,501 | 103,360,153 | 91,784,588 | |
INNOVATIVE SOLUTIONS & SUPPORT INC (ISSC)
INNOVATIVE SOLUTIONS & SUPPORT INC (ISSC)