For the quarter ending 2025-09-30, MLSS has $8,486,023 in assets. $5,936,628 in debts. $1,345,301 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 1,345,301 | 1,274,314 | ||
| Accounts receivable-Nonrelated Party | 706,924 | 684,201 | ||
| Accounts receivable-Related Party | 9,612 | - | ||
| Prepaid expenses and other current assets | 506,574 | 637,583 | ||
| Inventories | 4,126,988 | 3,897,017 | ||
| Accounts receivable, related party net-Related Party | - | 6,429 | ||
| Advances on contracts | 1,414,702 | 1,131,284 | ||
| Total current assets | 8,110,101 | 7,630,828 | ||
| Furniture, fixtures and equipment, net | 18,254 | 14,671 | ||
| Intangibles, net | 96,039 | 113,494 | ||
| Right of use assets finance lease | 59,228 | 53,330 | ||
| Right of use assets operating lease | 178,251 | 214,357 | ||
| Other assets | 24,150 | 24,150 | ||
| Total assets | 8,486,023 | 8,050,830 | ||
| Accrued expenses and other payables | - | 1,388,782 | ||
| Accounts payable-Nonrelated Party | 2,012,867 | 1,450,585 | ||
| Accounts payable-Related Party | 1,027,360 | 505,455 | ||
| Accrued expenses-Nonrelated Party | 1,179,893 | - | ||
| Accrued expenses-Related Party | 662,770 | - | ||
| Current portion of finance lease liabilities | 23,919 | 20,502 | ||
| Accrued expenses, related party | - | 279,185 | ||
| Current portion of operating lease liabilities | 126,722 | 123,161 | ||
| Convertible notes payable, related parties | - | 800,000 | ||
| Total current liabilities | 5,033,531 | 3,767,670 | ||
| Non-current portion of finance lease liabilities | 34,170 | 41,005 | ||
| Non-current portion of operating lease liabilities | 68,927 | 101,883 | ||
| Convertible notes payable, related parties | 800,000 | - | ||
| Total liabilities | 5,936,628 | 4,710,558 | ||
| Common stock, par value 0.001 authorized 100,000,000 shares 78,592,480 shares issued and 78,559,147 shares outstanding as of september 30, 2025 78,047,798 shares issued and 78,014,465 shares outstanding as of december 31, 2024 | 78,592 | 78,592 | ||
| Additional paid in capital | 136,067,080 | 135,703,998 | ||
| Accumulated deficit | -132,684,761 | -131,530,802 | ||
| Treasury stock, at cost, 33,333 shares | 911,516 | 911,516 | ||
| Total milestone scientific, inc. stockholders equity | 2,549,395 | 3,340,272 | ||
| Total liabilities and stockholders equity | 8,486,023 | 8,050,830 | ||
MILESTONE SCIENTIFIC INC. (MLSS)
MILESTONE SCIENTIFIC INC. (MLSS)