For the quarter ending 2025-09-30, SMID has $85,437,000 in assets. $33,310,000 in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 13,376,000 | 7,101 | ||
| Trade - billed (less allowances of approximately 1,166 and 1,130, respectively), including contract retentions | 25,460,000 | 30,312 | ||
| Trade - unbilled | 1,396,000 | 1,240 | ||
| Raw materials | 2,498,000 | 2,090 | ||
| Finished goods | 5,392,000 | 5,095 | ||
| Prepaid expenses | 1,684,000 | 1,609 | ||
| Total current assets | 49,806,000 | 47,447 | ||
| Property and equipment, net | 35,126,000 | 33,194 | ||
| Other assets | 505,000 | 535 | ||
| Total assets | 85,437,000 | 81,176 | ||
| Accounts payable - trade | 5,740,000 | 5,810 | ||
| Accrued expenses and other liabilities | 466,000 | 437 | ||
| Deferred revenue | 3,688,000 | 3,448 | ||
| Accrued compensation | 2,110,000 | 1,794 | ||
| Accrued income taxes | 2,658,000 | 1,674 | ||
| Operating lease liabilities | 20,000 | 20 | ||
| Current maturities of notes payable | 657,000 | 665 | ||
| Customer deposits | 2,689,000 | 2,637 | ||
| Total current liabilities | 18,028,000 | 16,485 | ||
| Deferred revenue | 10,785,000 | 10,785 | ||
| Operating lease | 80,000 | 80 | ||
| Notes payable - less current maturities | 3,933,000 | 4,097 | ||
| Deferred tax liability | 484,000 | 484 | ||
| Total liabilities | 33,310,000 | 31,931 | ||
| Preferred stock, .01 par value authorized 1,000,000 shares, none issued and outstanding | 0 | 0 | ||
| Common stock, .01 par value authorized 8,000,000 shares 5,346,526 and 5,346,526 issued and 5,304,606 and 5,304,606 outstanding, respectively | 54,000 | 54 | ||
| Additional paid-in capital | 7,730,000 | 7,725 | ||
| Treasury stock, at cost, 40,920 shares | 102,000 | 102 | ||
| Retained earnings | 44,445,000 | 41,568 | ||
| Total stockholders' equity | 52,127,000 | 49,245 | ||
| Total liabilities and stockholders' equity | 85,437,000 | 81,176 | ||
SMITH MIDLAND CORP (SMID)
SMITH MIDLAND CORP (SMID)