For the quarter ending 2025-09-30, LCTC has $8,301,270 in assets. $2,676,857 in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 685,097 | 995,750 | ||
| Accounts receivable, net | 864,456 | 765,730 | ||
| Inventories, net | 2,862,158 | 2,988,752 | ||
| Federal and state income taxes receivable | 55,831 | 55,531 | ||
| Prepaid expenses and other | 142,628 | 160,079 | ||
| Total current assets | 4,610,170 | 4,965,842 | ||
| Land | 317,932 | 317,932 | ||
| Building | 1,928,795 | 1,928,795 | ||
| Real-time alcohol detection and recognition equipment and software | 569,448 | 569,448 | ||
| Production equipment, software and space modifications | 1,366,539 | 1,349,839 | ||
| Training courses | 432,375 | 432,375 | ||
| Office equipment, software and space modifications | 254,333 | 254,333 | ||
| Sales and marketing equipment and space modifications | 231,818 | 231,818 | ||
| Research and development equipment, software and space modifications | 805,012 | 805,012 | ||
| Research and development equipment, software and space modifications not in service | 438,653 | 347,448 | ||
| Less accumulated depreciation | 3,932,832 | 3,826,061 | ||
| Total property and equipment, net | 2,412,073 | 2,410,939 | ||
| Patents, net | 73,008 | 74,913 | ||
| Deposits and other | 46,820 | 12,261 | ||
| Deferred income taxes | 1,159,199 | 1,159,199 | ||
| Total other assets | 1,279,027 | 1,246,373 | ||
| Total assets | 8,301,270 | 8,623,154 | ||
| Accounts payable | 384,969 | 393,046 | ||
| Term loan payable, current portion | 54,431 | 54,016 | ||
| Subordinated debentures payable, current portion | 19,084 | 16,645 | ||
| Customer and tenant deposits | 17,929 | 37,628 | ||
| Accrued expenses | 328,734 | 349,397 | ||
| Deferred revenue, current portion | 56,214 | 58,862 | ||
| Product warranty reserve | 46,500 | 46,500 | ||
| Total current liabilities | 907,861 | 956,094 | ||
| Term loan payable, net of current portion and debt issuance costs | 1,072,297 | 1,086,062 | ||
| Subordinated debentures payable, net of current portion and debt issuance costs | 690,116 | 687,041 | ||
| Deferred revenue, net of current portion | 6,583 | 6,105 | ||
| Total liabilities | 2,676,857 | 2,735,302 | ||
| Common stock, no par value 50,000,000 shares authorized, 2,752,616 shares outstanding (2,664,116 outstanding at december 31, 2024) | 5,934,314 | 5,934,314 | ||
| Retained earnings (accumulated deficit) | -309,901 | -46,462 | ||
| Total stockholders' equity | 5,624,413 | 5,887,852 | ||
| Total liabilities and stockholders' equity | 8,301,270 | 8,623,154 | ||
Lifeloc Technologies, Inc (LCTC)
Lifeloc Technologies, Inc (LCTC)