SPRS: the balance sheet

MyFinsight

Balance Sheets	2026-02-28	2025-08-31
Cash	6,448,930	4,275,802
Marketable securities	8,363,700	8,665,967
Accounts receivable - net of allowance for credit losses of 120,915 and 120,915	5,807,866	6,846,874
Inventory, net	4,969,387	5,579,646
Prepaid expenses and income taxes	214,378	343,358
Total current assets	25,804,261	25,711,647
Fixed assets net of accumulated depreciation and amortization of 1,909,591 and 1,898,800	151,242	175,544
Operating lease right of use asset	988,582	994,076
Deferred income taxes	303,701	257,890
Other assets	34,299	34,299
Total assets	27,282,085	27,173,456

Accounts payable	3,476,282	4,036,163
Operating lease liabilities, current maturities	368,083	388,041
Accrued expenses and taxes	661,337	555,318
Accrued salaries	663,623	546,354
Total current liabilities	5,169,325	5,525,876
Operating lease liabilities net of current maturities	780,353	764,655
Total liabilities	5,949,678	6,290,531
Preferred stock value	10	10
Common stock - .001 par value, 50,000,000 shares authorized, 5,716,792 and 5,716,792 shares issued and outstanding	5,715	5,705
Additional paid-in capital	18,421,154	18,382,350
Accumulated other comprehensive income unrealized gain on marketable debt securities	137,951	179,696
Accumulated equity	2,767,577	2,315,164
Total shareholders equity	21,332,407	20,882,925
Total liabilities and shareholders equity	27,282,085	27,173,456

Unit: Dollar. Numbers labeled with * are estimated quarterly values.