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Balance Sheets Overview

Current Ratio
437.00%
Quick Ratio
343.06%
Debt to Asset Ratio
32.01%
Unit: Dollar
Assets Breakdown
    • Cash and restricted cash
    • Property and equipment, net
    • Accounts receivable, net
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Accumulated deficit
    • Accumulated other comprehensive ...
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and restricted cash
15,655,731
2,732,739
5,070,385
7,354,024
Accounts receivable, net
5,230,837
3,664,250
3,429,992
3,775,455
Inventories, net
5,956,679
6,478,114
6,479,321
6,425,768
Contract assets
340,260
634,154
733,851
964,171
Prepaid expenses and other current assets
526,348
636,047
245,702
255,649
Total current assets
27,709,855
14,145,304
15,959,251
18,775,067
Property and equipment, net
5,284,603
5,624,902
5,845,323
6,172,371
Operating lease right-of-use assets
4,157,532
4,369,053
4,643,680
4,543,004
Deposits and other assets
529,036
534,502
545,573
519,360
2026
-
-
8,139
-
2027
-
-
8,139
-
2028
-
-
8,139
-
2029
-
-
8,139
-
2030
-
-
3,569
-
Thereafter
-
-
0
-
Intangible assets, net
25,759
33,320
36,125
38,128
Goodwill
240,307
242,544
248,145
247,938
Total non-current assets
10,237,237
10,804,321
11,318,846
11,520,801
Total assets
37,947,092
24,949,625
27,278,097
30,295,868
Accounts payable
1,403,902
2,036,019
1,552,890
1,964,959
Accrued expenses
2,485,634
2,227,908
1,795,382
2,185,853
Notes payable
1,050,000
-
-
-
Line of credit
88,428
-
-
-
Current portion of finance lease liabilities
496,797
504,799
517,759
513,746
Current portion of operating lease liabilities
717,820
711,295
714,446
633,385
Contract liabilities
98,300
181,553
140,986
70,241
Total current liabilities
6,340,881
5,661,574
4,721,463
5,368,184
Deferred tax liability
60,914
61,847
63,654
63,984
Finance lease liabilities, net of current portion
1,127,729
1,260,692
1,415,908
1,546,110
Operating lease liabilities, net of current portion
3,439,712
3,657,758
3,929,234
3,909,619
Loan from related party
1,179,042
1,159,369
1,265,057
1,208,588
Notes payable, net of debt discounts
0
5,598,049
5,510,545
5,422,525
Total non-current liabilities
5,807,397
11,737,715
12,184,398
12,150,826
Total liabilities
12,148,278
17,399,289
16,905,861
17,519,010
Common stock par value 0.001, 50,000,000 shares authorized and 32,947,841 and 9,627,064 shares issued and outstanding at june 30, 2026 and december 31, 2025, respectively
32,948
9,948
9,627
9,627
Additional paid-in capital
131,755,874
110,463,498
110,427,993
110,171,256
Accumulated deficit
-100,521,598
-97,505,233
-94,795,121
-92,202,628
Accumulated other comprehensive loss
-5,357,003
-5,341,800
-5,209,173
-5,170,641
Total stockholders' equity
25,910,221
7,626,413
10,433,326
12,807,614
Noncontrolling interest
-111,407
-76,077
-61,090
-30,756
Total equity
25,798,814
7,550,336
10,372,236
12,776,858
Total liabilities and equity
37,947,092
24,949,625
27,278,097
30,295,868
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Cash and restrictedcash$15,655,731 (80.50%↑ Y/Y)Inventories, net$5,956,679 (8.01%↑ Y/Y)Accounts receivable, net$5,230,837 (27.71%↑ Y/Y)Prepaid expenses andother current assets$526,348 (43.17%↑ Y/Y)Contract assets$340,260 (-70.16%↓ Y/Y)Property and equipment,net$5,284,603 (-18.01%↓ Y/Y)Operating leaseright-of-use assets$4,157,532 (-11.37%↓ Y/Y)Deposits and other assets$529,036 (4.68%↑ Y/Y)Goodwill$240,307 (-2.96%↓ Y/Y)Intangible assets, net$25,759 (-35.78%↓ Y/Y)Total current assets$27,709,855 (40.00%↑ Y/Y)Total non-currentassets$10,237,237 (-14.18%↓ Y/Y)Total assets$37,947,092 (19.63%↑ Y/Y)Total liabilities andequity$37,947,092 (19.63%↑ Y/Y)Total equity$25,798,814 (85.20%↑ Y/Y)Total liabilities$12,148,278 (-31.72%↓ Y/Y)Noncontrolling interest-$111,407 (-3648.55%↓ Y/Y)Total stockholders'equity$25,910,221 (85.96%↑ Y/Y)Total currentliabilities$6,340,881 (15.70%↑ Y/Y)Total non-currentliabilities$5,807,397 (-52.83%↓ Y/Y)Accumulated deficit-$100,521,598 (-10.74%↓ Y/Y)Accumulated othercomprehensive loss-$5,357,003 (-2.66%↓ Y/Y)Additional paid-in capital$131,755,874 (19.87%↑ Y/Y)Accrued expenses$2,485,634 (-7.88%↓ Y/Y)Accounts payable$1,403,902 (-8.41%↓ Y/Y)Notes payable$1,050,000 Current portion ofoperating lease...$717,820 (15.08%↑ Y/Y)Current portion offinance lease...$496,797 (-4.98%↓ Y/Y)Contract liabilities$98,300 (-4.29%↓ Y/Y)Line of credit$88,428 Operating leaseliabilities, net of current...$3,439,712 (-15.43%↓ Y/Y)Loan from relatedparty$1,179,042 Finance leaseliabilities, net of current...$1,127,729 (-32.72%↓ Y/Y)Deferred tax liability$60,914 (-5.24%↓ Y/Y)Common stock par value0.001, 50,000,000...$32,948 (242.71%↑ Y/Y)

LIQTECH INTERNATIONAL INC (LIQT)

LIQTECH INTERNATIONAL INC (LIQT)