MITQ: the balance sheet

MyFinsight

For the quarter ending 2025-12-31, MITQ has $9,456K in assets. $4,457K in debts.

Balance Sheets	2025-12-31	2025-09-30	2025-06-30
Cash	3,913	5,548	5,715
Accounts receivable, net	962	1,839	1,464
Inventories, net	3,080	1,719	2,066
Prepaid expenses and other	170	763	162
Total current assets	8,125	9,869	9,407
Right-of-use asset	973	1,031	1,087
Property and equipment, net	9	12	15
Intangibles, net	334	349	364
Other assets	15	15	15
Total long-term assets	1,331	1,407	1,481
Total assets	9,456	11,276	10,888

Accounts payable	2,128	2,900	3,009
Accrued expenses	366	444	362
Customer refunds	268	460	379
Customer deposits	581	933	1,101
Lease liabilitycurrent	243	235	227
Unearned warranty revenue	77	72	35
Total current liabilities	3,663	5,044	5,113
Lease liabilitynon-current	794	857	918
Total long-term liabilities	794	857	918
Total liabilities	4,457	5,901	6,031
Additional paid-in capital	12,081	12,070	12,061
Accumulated deficit	-7,082	-6,695	-7,204
Total stockholders equity	4,999	5,375	4,857
Total liabilities and stockholders equity	9,456	11,276	10,888

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