PETS: the balance sheet

MyFinsight

PETMED EXPRESS INC (PETS)

Balance Sheets	2026-03-31	2025-03-31
Cash and cash equivalents	21,412	54,720
Accounts receivable, less allowance for credit losses of 25 and 91, respectively	1,908	2,317
Inventories, net	13,608	16,205
Prepaid expenses and other current assets	6,378	5,330
Prepaid income taxes	258	299
Total current assets	43,564	78,871
Property and equipment, net	26,326	28,859
Intangible and other assets, net	10,789	13,346
Goodwill	0	26,658
Operating lease right-of-use assets, net	512	966
Deferred tax assets, net	NaN	0
Total noncurrent assets	37,627	69,829
Total assets	81,191	148,700

Accounts payable	20,906	23,564
Sales tax payable	22,261	24,867
Accrued expenses and other current liabilities	7,665	11,711
Current operating lease liabilities	493	461
Deferred revenue	689	2,085
Income taxes payable	20	80
Total current liabilities	52,034	62,768
Deferred tax liabilities, net	175	263
Long-term operating lease liabilities	42	535
Total liabilities	52,251	63,566
Preferred stock-Convertible Preferred Stock	9	9
Preferred stock-Series APreferred Stock	0	0
Common stock, .001 par value, 40,000,000 shares authorized 21,385,638 and 20,656,822 shares issued and outstanding, respectively	21	21
Additional paid-in capital	19,647	18,560
Retained earnings	9,263	66,544
Total shareholders' equity	28,940	85,134
Total liabilities and shareholders' equity	81,191	148,700

Unit: Thousand (K) dollars (except for numbers of shares and EPS).