For the quarter ending 2025-12-31, LGCY has $73,115,533 in assets. $27,041,625 in debts. $21,057,325 in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2025-09-30 | 2025-06-30 | |
|---|---|---|---|---|
| Cash and cash equivalents | 21,057,325 | 20,586,087 | 20,316,357 | |
| Accounts receivable, net of 2,349,410 and 1,641,052 allowance for doubtful accounts as of december 31, 2025 and june 30, 2025, respectively | 17,998,673 | 17,625,201 | 15,050,841 | |
| Prepaid expenses | 2,132,539 | 2,179,142 | 1,383,405 | |
| Other receivables | 628,354 | 479,514 | 302,424 | |
| Total current assets | 41,816,891 | 40,869,944 | 37,053,027 | |
| Property and equipment gross | 5,243,449 | 4,706,647 | 4,459,970 | |
| Less accumulated depreciation and amortization | 2,244,028 | 2,086,090 | 1,975,666 | |
| Property and equipment, net | 2,999,421 | 2,620,557 | 2,484,304 | |
| Operating lease right-of-use asset | 14,526,471 | 15,147,699 | 15,781,177 | |
| Financing lease right-of-use asset | 294,708 | 303,209 | 311,711 | |
| Intangible assets | 3,848,222 | 3,853,124 | 3,858,027 | |
| Goodwill | 6,847,111 | 6,430,654 | 6,852,076 | |
| Accounts receivable, long-term | 1,881,074 | 1,963,586 | 1,966,137 | |
| Deferred income tax assets | 395,546 | 395,546 | 395,546 | |
| Security deposits | 506,089 | 506,089 | 503,133 | |
| Total assets | 73,115,533 | 72,090,408 | 69,205,138 | |
| Other liabilities | - | - | 0 | |
| Accounts payable and accrued liabilities | 3,876,128 | 5,294,676 | 4,929,530 | |
| Accrued income tax payable | 2,215,721 | 1,383,974 | 596,250 | |
| Deferred, unearned tuition | 5,281,527 | 5,351,127 | 4,956,396 | |
| Other current liabilities | 4,749 | 3,197 | 3,197 | |
| Current portion of debt | 560,795 | 661,944 | 875,350 | |
| Debt owed, related party | 50,000 | 50,000 | 50,000 | |
| Current portion of financing lease | 67,675 | 65,806 | 63,989 | |
| Current portion of operating lease liability | 1,992,934 | 2,159,041 | 2,306,061 | |
| Total current liabilities | 14,049,529 | 14,969,765 | 13,780,773 | |
| Debt, net of current portion | 49,455 | 64,912 | 481,264 | |
| Financing lease, net of current portion | 75,628 | 73,539 | 151,420 | |
| Operating lease liability, net of current portion | 12,867,013 | 13,316,571 | 13,748,161 | |
| Total liabilities | 27,041,625 | 28,424,787 | 28,161,618 | |
| Common stock 0.001 par value, 100,000,000 shares authorized, 12,604,386 and 12,452,670 shares issued and outstanding as of december 31, 2025, and june 30, 2025, respectively | 12,604 | 12,497 | 12,453 | |
| Additional paid in capital | 28,073,941 | 27,708,462 | 27,273,365 | |
| Retained earnings | 17,987,363 | 15,944,662 | 13,757,702 | |
| Total stockholders equity | 46,073,908 | 43,665,621 | 41,043,520 | |
| Total liabilities and stockholders equity | 73,115,533 | 72,090,408 | 69,205,138 | |
Legacy Education Inc. (LGCY)
Legacy Education Inc. (LGCY)