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MILESTONE SCIENTIFIC INC. (MLSS)

MILESTONE SCIENTIFIC INC. (MLSS)

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Balance Sheets Overview

Current Ratio
184.60%
Quick Ratio
114.40%
Debt to Asset Ratio
58.42%
Unit: Dollar
Assets Breakdown
    • Cash and cash equivalents
    • Advances on contracts
    • Accounts receivable-Nonrelated P...
    • Others
Liabilities Breakdown
    • Additional paid in capital
    • Accumulated deficit
    • Accounts payable-Nonrelated Part...
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
2,066,770
1,194,424
1,112,642
1,345,301
Accounts receivable-Nonrelated Party
1,003,063
555,766
680,620
706,924
Accounts receivable-Related Party
9,643
22,337
25,548
9,612
Other receivables
40,276
-
-
-
Prepaid expenses and other current assets
633,953
676,820
468,792
506,574
Inventories
3,086,577
3,491,513
3,781,837
4,126,988
Advances on contracts
1,276,916
1,411,785
1,408,395
1,414,702
Total current assets
8,117,198
7,352,645
7,477,834
8,110,101
Furniture, fixtures and equipment, net
20,127
18,474
19,193
18,254
Intangibles, net
44,857
61,960
79,063
96,039
Right of use assets finance lease
48,977
51,255
55,811
59,228
Right of use assets operating lease
92,489
121,799
150,378
178,251
Deferred financing costs
-
332,671
-
-
Other assets
24,150
24,150
24,150
24,150
Total assets
8,347,798
7,962,954
7,806,429
8,486,023
Accounts payable-Nonrelated Party
1,953,844
2,269,296
1,430,250
2,012,867
Accounts payable-Related Party
907,680
992,874
1,359,698
1,027,360
Accrued expenses-Nonrelated Party
956,530
1,053,535
995,206
1,179,893
Accrued expenses-Related Party
225,018
376,969
188,406
662,770
Other current liabilities
218,146
-
-
-
Current portion of finance lease liabilities
34,170
30,753
27,347
23,919
Current portion of operating lease liabilities
101,883
134,093
130,355
126,722
Total current liabilities
4,397,271
4,857,520
4,131,262
5,033,531
Non-current portion of finance lease liabilities
13,668
20,502
27,336
34,170
Non-current portion of operating lease liabilities
-
-
35,208
68,927
Convertible notes payable, related parties
465,982
800,000
800,000
800,000
Total liabilities
4,876,921
5,678,022
4,993,806
5,936,628
Common stock, par value 0.001 authorized 125,000,000 shares 88,772,518 shares issued and 88,756,989 shares outstanding as of june 30, 2026 80,486,449 shares issued and 80,453,116 shares outstanding as of december 31, 2025
88,773
80,487
80,487
78,592
Additional paid in capital
139,968,127
137,731,136
137,418,974
136,067,080
Accumulated deficit
-135,674,507
-134,615,175
-133,775,322
-132,684,761
Treasury stock, at cost, 33,333 shares
911,516
911,516
911,516
911,516
Total stockholders equity
3,470,877
2,284,932
2,812,623
2,549,395
Total liabilities and stockholders equity
8,347,798
7,962,954
7,806,429
8,486,023
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Inventories$3,086,577 (-20.80%↓ Y/Y)Cash and cashequivalents$2,066,770 (62.19%↑ Y/Y)Advances on contracts$1,276,916 (12.87%↑ Y/Y)Accountsreceivable-Nonrelated Party$1,003,063 (46.60%↑ Y/Y)Prepaid expenses andother current assets$633,953 (-0.57%↓ Y/Y)Other receivables$40,276 Accountsreceivable-Related Party$9,643 Total current assets$8,117,198 (6.37%↑ Y/Y)Right of use assetsoperating lease$92,489 (-56.85%↓ Y/Y)Right of use assetsfinance lease$48,977 (-8.16%↓ Y/Y)Intangibles, net$44,857 (-60.48%↓ Y/Y)Other assets$24,150 (0.00%↑ Y/Y)Furniture, fixtures andequipment, net$20,127 (37.19%↑ Y/Y)Total assets$8,347,798 (3.69%↑ Y/Y)Total liabilities andstockholders equity$8,347,798 (3.69%↑ Y/Y)Total liabilities$4,876,921 (3.53%↑ Y/Y)Total stockholdersequity$3,470,877 (3.91%↑ Y/Y)Accumulated deficit-$135,674,507 (-3.15%↓ Y/Y)Treasury stock, at cost,33,333 shares$911,516 (0.00%↑ Y/Y)Total currentliabilities$4,397,271 (16.71%↑ Y/Y)Convertible notes payable,related parties$465,982 (-41.75%↓ Y/Y)Non-current portion offinance lease...$13,668 (-66.67%↓ Y/Y)Additional paid in capital$139,968,127 (3.14%↑ Y/Y)Common stock, par value0.001 authorized...$88,773 (12.95%↑ Y/Y)Accountspayable-Nonrelated Party$1,953,844 (34.69%↑ Y/Y)Accruedexpenses-Nonrelated Party$956,530 Accountspayable-Related Party$907,680 (79.58%↑ Y/Y)Accruedexpenses-Related Party$225,018 Other currentliabilities$218,146 Current portion ofoperating lease...$101,883 (-17.28%↓ Y/Y)Current portion offinance lease...$34,170 (66.67%↑ Y/Y)