For the quarter ending 2025-12-31, TRCK has $39,670,804 in assets. $51,537,363 in debts.
| Balance Sheets | 2025-12-31 | 2025-09-30 | 2025-06-30 | |
|---|---|---|---|---|
| Cash | 3,558,464 | 4,098,114 | 4,910,729 | |
| Accounts receivable, net of allowance for credit losses of 738,201 and 596,059, respectively | 6,121,955 | 6,455,910 | 5,482,734 | |
| Prepaid expense and deposits | 320,422 | 353,319 | 323,052 | |
| Inventory, net of reserves of 82,736 and 61,535, respectively | 478,570 | 473,464 | 1,205,453 | |
| Assets held for sale | - | 0 | 0 | |
| Total current assets | 10,479,411 | 11,380,807 | 11,921,968 | |
| Property and equipment-Property Plant And Equipment Excluding Monitoring Equipment | 528,580 | 497,889 | 472,992 | |
| Property and equipment-Monitoring Equipment | 4,759,049 | 5,104,603 | 4,423,522 | |
| Intangible assets, net of accumulated amortization of 22,205,298 and 21,616,041, respectively | 14,527,807 | 13,958,773 | 13,779,426 | |
| Goodwill | 8,360,264 | 8,299,941 | 8,249,193 | |
| Other assets, net | 1,015,693 | 1,061,507 | 1,111,664 | |
| Total assets | 39,670,804 | 40,303,520 | 39,958,765 | |
| Liabilities held for sale | - | 0 | 0 | |
| Accounts payable | 3,698,724 | 3,709,653 | 3,964,399 | |
| Accrued liabilities | 4,620,486 | 4,886,603 | 3,865,704 | |
| Total current liabilities | 8,319,210 | 8,596,256 | 7,830,103 | |
| Long-term debt, net of current portion | 42,741,380 | 42,720,944 | 42,700,507 | |
| Long-term liabilities | 476,773 | 529,265 | 580,858 | |
| Total liabilities | 51,537,363 | 51,846,465 | 51,111,468 | |
| Common stock, 0.0001 par value 30,000,000 shares authorized 11,863,758 and 11,863,758 shares outstanding, respectively | 1,186 | 1,186 | 1,186 | |
| Paid in capital | 302,600,546 | 302,600,546 | 302,600,546 | |
| Accumulated deficit | -314,632,423 | -315,147,082 | -314,357,014 | |
| Accumulated other comprehensive income (loss) | 164,132 | 1,002,405 | 602,579 | |
| Total equity (deficit) | -11,866,559 | -11,542,945 | -11,152,703 | |
| Total liabilities and stockholders equity (deficit) | 39,670,804 | 40,303,520 | 39,958,765 | |
Track Group, Inc. (TRCK)
Track Group, Inc. (TRCK)