For the quarter ending 2026-03-31, LCTC has $6,739,038 in assets. $2,787,973 in debts.
| Balance Sheets | 2026-03-31 | 2025-09-30 | 2025-06-30 | |
|---|---|---|---|---|
| Cash and cash equivalents | 569,330 | 685,097 | 995,750 | |
| Accounts receivable, net | 850,341 | 864,456 | 765,730 | |
| Inventories, net | 2,794,329 | 2,862,158 | 2,988,752 | |
| Federal and state income taxes receivable | 55,981 | 55,831 | 55,531 | |
| Prepaid expenses and other | 99,282 | 142,628 | 160,079 | |
| Total current assets | 4,369,263 | 4,610,170 | 4,965,842 | |
| Land | 317,932 | 317,932 | 317,932 | |
| Building | 1,928,795 | 1,928,795 | 1,928,795 | |
| Real-time alcohol detection and recognition equipment and software | 569,448 | 569,448 | 569,448 | |
| Production equipment, software and space modifications | 1,366,539 | 1,366,539 | 1,349,839 | |
| Training courses | - | 432,375 | 432,375 | |
| Office equipment, software and space modifications | 197,686 | 254,333 | 254,333 | |
| Sales and marketing equipment and space modifications | 230,543 | 231,818 | 231,818 | |
| Research and development equipment, software and space modifications | 1,232,790 | 805,012 | 805,012 | |
| Research and development equipment, software and space modifications not in service | 14,411 | 438,653 | 347,448 | |
| Less accumulated depreciation | 3,604,323 | 3,932,832 | 3,826,061 | |
| Total property and equipment, net | 2,253,821 | 2,412,073 | 2,410,939 | |
| Patents, net | 69,134 | 73,008 | 74,913 | |
| Deposits and other | 46,820 | 46,820 | 12,261 | |
| Deferred income taxes | - | 1,159,199 | 1,159,199 | |
| Total other assets | 115,954 | 1,279,027 | 1,246,373 | |
| Total assets | 6,739,038 | 8,301,270 | 8,623,154 | |
| Accounts payable | 615,378 | 384,969 | 393,046 | |
| Term loan payable, current portion | 55,271 | 54,431 | 54,016 | |
| Subordinated debentures payable, current portion | 34,522 | 19,084 | 16,645 | |
| Customer and tenant deposits | 10,692 | 17,929 | 37,628 | |
| Accrued expenses | 247,670 | 328,734 | 349,397 | |
| Deferred revenue, current portion | 54,068 | 56,214 | 58,862 | |
| Product warranty reserve | 46,500 | 46,500 | 46,500 | |
| Total current liabilities | 1,064,101 | 907,861 | 956,094 | |
| Term loan payable, net of current portion and debt issuance costs | 1,044,449 | 1,072,297 | 1,086,062 | |
| Subordinated debentures payable, net of current portion and debt issuance costs | 672,274 | 690,116 | 687,041 | |
| Deferred revenue, net of current portion | 7,149 | 6,583 | 6,105 | |
| Total liabilities | 2,787,973 | 2,676,857 | 2,735,302 | |
| Common stock, no par value 50,000,000 shares authorized, 2,752,616 shares outstanding | 5,934,314 | 5,934,314 | 5,934,314 | |
| Accumulated deficit | -1,983,249 | -309,901 | -46,462 | |
| Total stockholders equity | 3,951,065 | 5,624,413 | 5,887,852 | |
| Total liabilities and stockholders equity | 6,739,038 | 8,301,270 | 8,623,154 | |
Lifeloc Technologies, Inc (LCTC)
Lifeloc Technologies, Inc (LCTC)