| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 12,553,558 | 14,240,432 | ||
| Short-term investments | 0 | 1,241,515 | ||
| Accounts receivable, net | 5,292,520 | 7,054,545 | ||
| Inventories | 3,645,314 | 4,125,597 | ||
| Prepaid expenses and other current assets | 1,457,595 | 1,381,721 | ||
| Total current assets | 22,948,987 | 28,043,810 | ||
| Restricted cash | 375,000 | 375,000 | ||
| Operating lease assets with right of use, net | 6,870,283 | 7,058,063 | ||
| Equipment, net | 3,714,810 | 2,908,804 | ||
| Other assets | 168,350 | 286,670 | ||
| Total assets | 34,077,430 | 38,672,347 | ||
| Accounts payable and accrued expenses | 6,668,162 | 8,313,862 | ||
| Current operating lease liabilities | 464,239 | 460,351 | ||
| Income taxes payable | 351,974 | 204,110 | ||
| Deferred revenue | 134,750 | 108,780 | ||
| Current portion long-term debt | 583,333 | 166,667 | ||
| Revolving credit line | 1,000,000 | 2,500,000 | ||
| Total current liabilities | 9,202,458 | 11,753,770 | ||
| Non-current operating lease liability | 7,832,722 | 7,970,116 | ||
| Long-term debt | 2,416,667 | 1,333,333 | ||
| Total liabilities | 19,451,847 | 21,057,219 | ||
| Common stock par value 0.0001 per share, 65,000,000 shares authorized 38,433,287 and 34,378,297 shares issued as of september 30, 2025 and december 31, 2024, respectively and 38,433,260 and 34,278,270 shares outstanding at september 30, 2025 and december 31, 2024, respectively | 3,843 | 3,778 | ||
| Additional paid-in capital | 129,365,034 | 128,781,048 | ||
| Accumulated other comprehensive income (loss) | 137,653 | 48,334 | ||
| Accumulated deficit | -114,874,483 | -111,211,568 | ||
| Treasury stock, 27 shares at cost | 6,464 | 6,464 | ||
| Total stockholders equity | 14,625,583 | 17,615,128 | ||
| Total liabilities and stockholders equity | 34,077,430 | 38,672,347 | ||
MYOMO, INC. (MYO)
MYOMO, INC. (MYO)