LUVU: the balance sheet

MyFinsight

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Cash and cash equivalents	1,230	1,086	818	735
Accounts receivable, net of allowance for doubtful accounts and allowance for discounts and returns of 18 on march 31, 2026 and 35 on june 30, 2025	1,612	1,483	1,552	1,600
Inventories, net of allowance for inventory reserve of 232 on march 31, 2026 and 232 on june 30, 2025	3,339	3,352	3,805	3,585
Other current assets	93	106	132	108
Total current assets	6,274	6,027	6,307	6,028
Equipment, property and leasehold improvements, net	1,323	1,368	1,388	1,476
Finance lease assets, net	101	77	104	104
Operating lease assets	3,398	3,584	930	1,057
Other assets	80	85	89	96
Total assets	11,176	11,141	8,819	8,761

Accounts payable	1,736	1,696	1,991	1,858
Current debt	1,817	1,923	1,936	1,949
Other accrued liabilities	784	657	733	553
Operating lease liability	544	595	620	646
Total current liabilities	4,881	4,871	5,280	5,006
Deferred tax liability	887	932	119	119
Long-term debt	750	766	722	704
Long-term operating lease liability	2,937	3,033	401	513
Total noncurrent liabilities	4,574	4,731	1,242	1,336
Total liabilities	9,455	9,602	6,522	6,342
Preferred stock, value	0	0	0	0
Common stock, 0.01 par value, 175,000,000 shares authorized, 76,834,057 and 76,834,057 shares issued and outstanding as of march 31, 2026 and june 30, 2025, respectively	766	766	766	766
Additional paid-in capital	6,315	6,307	6,298	6,289
Accumulated deficit	-5,360	-5,534	-4,767	-4,636
Total stockholders' equity	1,721	1,539	2,297	2,419
Total liabilities and stockholders' equity	11,176	11,141	8,819	8,761

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.