SLSN: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, SLSN has $53,987K in assets. $429K in cash and cash equivalents.

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

Balance Sheets	2025-09-30	2025-06-30
Cash	429	4,108
Trade accounts receivable	11,438	12,470
Allowance for credit losses	1,729	1,421
Trade accounts receivable, net	9,709	11,049
Inventories, net	18,869	19,832
Prepaid expenses and other current assets	3,785	3,781
Total current assets	32,792	38,770
Equipment and leasehold improvements, net	13,938	13,559
Other assets, net	-	0
Operating leases, right of use	7,257	7,627
Total assets	53,987	59,956

Current portion of term debt, related party	-	0
Line of credit accounts receivable, related party	5,316	6,099
Current portion of operating lease obligations	1,224	1,231
Accounts payable	4,826	6,891
Deferred revenue	1,197	2,169
Current portion of line of credit inventory, related party	-	0
Accrued expenses	5,301	6,146
Total current liabilities	17,864	22,536
Long-term portion of operating lease obligations	8,144	8,482
Long-term portion of line of credit inventory, related party	9,500	9,500
Long-term portion of term debt, related party	1,000	1,000
Asset retirement obligations	252	250
Preferred stock, .01 par value, 24,088 shares authorized, and no shares issued and outstanding	-	0
Total long-term liabilities	18,896	19,232
Common stock, .01 par value, 95,000,000 shares authorized 70,536,845 and 70,103,279 shares issued and outstanding on september 30, 2025 and december 31 2024, respectively	705	704
Additional paid-in capital	115,323	115,165
Accumulated deficit	-98,801	-97,681
Total stockholders equity	17,227	18,188
Total liabilities and stockholders equity	53,987	59,956