MILESTONE SCIENTIFIC INC. (MLSS)
MILESTONE SCIENTIFIC INC. (MLSS)
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 1,194,424 | 1,112,642 | 1,345,301 | 1,274,314 |
| Accounts receivable-Nonrelated Party | 555,766 | 680,620 | 706,924 | 684,201 |
| Accounts receivable-Related Party | 22,337 | 25,548 | 9,612 | NaN |
| Prepaid expenses and other current assets | 676,820 | 468,792 | 506,574 | 637,583 |
| Inventories | 3,491,513 | 3,781,837 | 4,126,988 | 3,897,017 |
| Accounts receivable, related party net-Related Party | NaN | NaN | NaN | 6,429 |
| Advances on contracts | 1,411,785 | 1,408,395 | 1,414,702 | 1,131,284 |
| Total current assets | 7,352,645 | 7,477,834 | 8,110,101 | 7,630,828 |
| Furniture, fixtures and equipment, net | 18,474 | 19,193 | 18,254 | 14,671 |
| Intangibles, net | 61,960 | 79,063 | 96,039 | 113,494 |
| Right of use assets finance lease | 51,255 | 55,811 | 59,228 | 53,330 |
| Right of use assets operating lease | 121,799 | 150,378 | 178,251 | 214,357 |
| Deferred financing costs | 332,671 | NaN | NaN | NaN |
| Other assets | 24,150 | 24,150 | 24,150 | 24,150 |
| Total assets | 7,962,954 | 7,806,429 | 8,486,023 | 8,050,830 |
| Accrued expenses and other payables | NaN | NaN | NaN | 1,388,782 |
| Accounts payable-Nonrelated Party | 2,269,296 | 1,430,250 | 2,012,867 | 1,450,585 |
| Accounts payable-Related Party | 992,874 | 1,359,698 | 1,027,360 | 505,455 |
| Accrued expenses-Nonrelated Party | 1,053,535 | 995,206 | 1,179,893 | NaN |
| Accrued expenses-Related Party | 376,969 | 188,406 | 662,770 | NaN |
| Current portion of finance lease liabilities | 30,753 | 27,347 | 23,919 | 20,502 |
| Accrued expenses, related party | NaN | NaN | NaN | 279,185 |
| Current portion of operating lease liabilities | 134,093 | 130,355 | 126,722 | 123,161 |
| Total current liabilities | 4,857,520 | 4,131,262 | 5,033,531 | 3,767,670 |
| Non-current portion of operating lease liabilities | NaN | 35,208 | 68,927 | 101,883 |
| Convertible notes payable, related parties | NaN | NaN | NaN | 800,000 |
| Non-current portion of finance lease liabilities | 20,502 | 27,336 | 34,170 | 41,005 |
| Convertible notes payable, related parties | 800,000 | 800,000 | 800,000 | NaN |
| Total liabilities | 5,678,022 | 4,993,806 | 5,936,628 | 4,710,558 |
| Common stock, par value 0.001 authorized 125,000,000 shares 80,486,449 shares issued and 80,453,116 shares outstanding as of march 31, 2026 80,486,449 shares issued and 80,453,116 shares outstanding as of december 31, 2025 | 80,487 | 80,487 | 78,592 | 78,592 |
| Additional paid in capital | 137,731,136 | 137,418,974 | 136,067,080 | 135,703,998 |
| Accumulated deficit | -134,615,175 | -133,775,322 | -132,684,761 | -131,530,802 |
| Treasury stock, at cost, 33,333 shares | 911,516 | 911,516 | 911,516 | 911,516 |
| Total milestone scientific inc. stockholders equity | 2,284,932 | 2,812,623 | 2,549,395 | 3,340,272 |
| Total liabilities and stockholders equity | 7,962,954 | 7,806,429 | 8,486,023 | 8,050,830 |