For the quarter ending 2026-03-31, LEAT has $49,557,740 in assets. $5,553,394 in debts. $17,014,780 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents - end of period | 17,014,780 | 12,988,111 | 12,278,149 | 15,726,188 |
| Restricted cash, current | 175,996 | 244,936 | 113,314 | - |
| Accounts receivable, after allowance for credit loss, current | 6,262,523 | 7,904,885 | 10,792,480 | 8,263,662 |
| Inventory | 16,355,242 | 20,897,693 | 17,283,352 | 12,896,024 |
| Payments in advance | 1,243,364 | 1,197,284 | 1,001,643 | 1,077,477 |
| Income taxes receivable, current | 114,302 | 734,193 | 495,168 | 495,168 |
| Prepaid expense and other assets, current | 4,391,989 | 3,634,255 | 3,947,703 | 3,419,859 |
| Total current assets | 45,558,196 | 47,601,357 | 45,911,809 | 41,878,378 |
| Property and equipment, net | 3,295,373 | 3,660,704 | 3,865,405 | 3,751,778 |
| Operating lease, right-of-use asset | 262,967 | 342,413 | 417,867 | 454,217 |
| Accounts receivable, after allowance for credit loss, noncurrent | - | 0 | 0 | 0 |
| Deferred income tax assets, net | 396,294 | 396,294 | 675,000 | 675,000 |
| Deposits assets | 44,910 | 45,189 | 44,641 | 44,226 |
| Total assets | 49,557,740 | 52,045,957 | 50,914,722 | 46,803,599 |
| Accounts payable and accrued expenses | 4,651,604 | 8,595,892 | 7,917,293 | 4,408,857 |
| Contract with customer, refund liability, current | 65,084 | 65,140 | - | - |
| Loans payable to bank, current | 0 | 1,804 | 7,147 | 12,386 |
| Operating lease, liability, current | 262,967 | 309,019 | 307,818 | 300,309 |
| Taxes payable, current | - | - | 958,993 | 772,741 |
| Other liabilities, current | 32,813 | 8,370 | - | - |
| Short-term debt | 540,926 | 800,000 | 5,736 | 185,330 |
| Total current liabilities | 5,553,394 | 9,780,225 | 9,196,987 | 5,679,623 |
| Loans payable to bank, noncurrent | - | 0 | 0 | 0 |
| Operating lease, liability, noncurrent | 0 | 33,394 | 110,049 | 153,908 |
| Liabilities | 5,553,394 | 9,813,619 | 9,307,036 | 5,833,531 |
| Preferred stock, .001 par value, 1,120,000 shares authorized, 120,000 shares issued and outstanding | 3,000 | 3,000 | 3,000 | 3,000 |
| Common stock, .001 par value, 28,000,000 shares authorized, 5,366,382 shares issued and outstanding | 130,533 | 130,534 | 130,544 | 130,555 |
| Accumulated other comprehensive loss | -1,097,672 | -983,640 | -1,138,333 | -1,249,859 |
| Retained earnings | 33,629,797 | 31,859,103 | 31,394,295 | 30,855,039 |
| Additional paid - in capital | 11,373,490 | 11,478,399 | 11,354,866 | 11,231,333 |
| Treasury stock, value | 34,802 | 255,058 | 136,686 | - |
| Ending balance | 44,004,346 | 42,232,338 | 41,607,686 | 40,970,068 |
| Total liabilities and stockholders equity | 49,557,740 | 52,045,957 | 50,914,722 | 46,803,599 |
Leatt Corp (LEAT)
Leatt Corp (LEAT)